News - page 271

Tech Giant Meta Launches AI Model for Speech and Text Translations
Science & Technology

Tech Giant Meta Launches AI Model for Speech and Text Translations

Meta has developed a new model of artificial intelligence, with which users will be able to translate speech and text materials into almost 100 languages.

Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card
Fintech & Ecommerce

Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card

Bank of America (BoA) announced the expansion of the use scale of its Customized Cash Rewards credit card, which provides owners with additional benefits and opportunities when receiving cashback in several categories.

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product
Fintech & Ecommerce

Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product

Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.

Goldman Sachs Reportedly to Sell Its Personal Financial Management Business
Finance & Economics

Goldman Sachs Reportedly to Sell Its Personal Financial Management Business

The media reported that in the future, Goldman Sachs may decide to sell its personal finance management business.

Clara Reportedly Launches Cross-Border Payments in Mexico
Fintech & Ecommerce

Clara Reportedly Launches Cross-Border Payments in Mexico

The media reported that the fintech company Clara in Mexico began to provide local consumers services for making cross-border payment transactions.

Canadian Prime Minister Criticizes Facebook for Blocking News
Society & Lifestyle

Canadian Prime Minister Criticizes Facebook for Blocking News

Canadian Prime Minister Justin Trudeau has criticized Facebook negatively, saying that this virtual platform has a system of priorities in which corporate profits are much more valuable compared to the safety of people.

Microchip Giant Arm Files for IPO
Finance & Economics

Microchip Giant Arm Files for IPO

Arm Holdings, which is part of the ownership structure of SoftBank Group, has taken the first step toward initial public offerings of shares.

China Fines US Firm Mintz Group
Society & Lifestyle

China Fines US Firm Mintz Group

China has fined the American company Mintz Group, which specializes in corporate legal expertise.

S&P Global Ratings Downgrades Five Regional US Banks
Finance & Economics

S&P Global Ratings Downgrades Five Regional US Banks

S&P Global Ratings has revised down the ratings of five regional banks in the United States.

Meta Reportedly to Launch Web Version of Threads
Science & Technology

Meta Reportedly to Launch Web Version of Threads

The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.

Tourism to Become $15.5 Trillion Industry by 2033
Finance & Economics

Tourism to Become $15.5 Trillion Industry by 2033

The volume of the travel industry by 2033 may reach a significant landmark of $15.5 trillion.

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit
Finance & Economics

Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit

The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.

UK Promotes Cyber Skills With Free School Training
Science & Technology

UK Promotes Cyber Skills With Free School Training

UK government encourages schools to take advantage of free resources to help secondary school children boost cyber skills and pursue careers in the field later in life

Central Bank of Colombia Backs Partial Restrictions on Use of CBDC
Blockchain & Crypto

Central Bank of Colombia Backs Partial Restrictions on Use of CBDC

Last week, the central bank of Colombia released a report suggesting that limiting CBDC with a high degree of probability may be the right strategy for a financial institution.

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India
Fintech & Ecommerce

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India

Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.

China Aims to Expand Government Control To Metaverse
Blockchain & Crypto

China Aims to Expand Government Control To Metaverse

China is reportedly looking to implement a system with digital IDs and real-world punishments for actions in the Metaverse