News - page 273

Elon Musk Blames Anti-Defamation League for X’s US Ad Revenue Slump
Society & Lifestyle

Elon Musk Blames Anti-Defamation League for X’s US Ad Revenue Slump

The owner of the social network X, formerly known as Twitter, Elon Musk has announced that he may sue the Anti-Defamation League (ADL) for defamation.

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business
Finance & Economics

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises
Finance & Economics

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises

The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices
Society & Lifestyle

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.

China Reportedly Seeks Money to Drive Chipmaking
Science & Technology

China Reportedly Seeks Money to Drive Chipmaking

The media, citing persons who provided information on condition of anonymity, reported that China is currently seeking to raise funds in the amount of more than $40 billion to create a kind of investment base for the development of the local industry sector specializing in the production of chips and research in the relevant sphere.

Swyftx Earn and Learn Platform Pays Aussies for Crypto Education
Blockchain & Crypto

Swyftx Earn and Learn Platform Pays Aussies for Crypto Education

Australian crypto exchange Swyftx is going to reward customers learning about crypto scams through a new “Earn and Learn” education platform

South Korean Bank to Launch a Joint Crypto Custody Project With BitGo
Blockchain & Crypto

South Korean Bank to Launch a Joint Crypto Custody Project With BitGo

KEB Hana Bank and BitGo are preparing to offer joint digital asset custody services

NatWest Updates Payment Infrastructure With Low-Code Framework
Fintech & Ecommerce

NatWest Updates Payment Infrastructure With Low-Code Framework

NatWest has partnered with the Icon Payments Framework (IPF) to modernise its payments system in compliance with the new global ISO 20022 payment data message standards.

Kenyan President Showcases Africa as Climate Financing Opportunity
Finance & Economics

Kenyan President Showcases Africa as Climate Financing Opportunity

Kenyan President William Ruto opened the first climate summit in Africa, drawing hundreds of millions of dollars in climate financing pledges

Nigeria Has The Most Crypto-Keen Population Globally
Blockchain & Crypto

Nigeria Has The Most Crypto-Keen Population Globally

The findings from the global Web3 perception survey showed that 99% of Nigerians are more aware of Web3 and crypto concepts than people in major Western economies

International Grocery Chain Aldi Invests in Bigger Stores
Finance & Economics

International Grocery Chain Aldi Invests in Bigger Stores

The business of the international grocery store chain Aldi is in a state of growth in several directions.

Shopify Merchants to Avail Buy With Prime From Amazon
Fintech & Ecommerce

Shopify Merchants to Avail Buy With Prime From Amazon

Integration of Buy with Prime into Shopify stores aims to increase shopper conversion by an average of 25%

Robinhood Reaches Agreement with U.S. Marshal Service to Repurchase Shares from Emergent Fidelity Technologies
Finance & Economics

Robinhood Reaches Agreement with U.S. Marshal Service to Repurchase Shares from Emergent Fidelity Technologies

Virtual brokerage company Robinhood has reached an agreement with the U.S. Marshal Service (USMS) to buy back shares of Sam Bankman-Fried’s Emergent Fidelity Technologies.

Ripple Plans to Block SEC from Appealing Recent Crypto Court Ruling
Blockchain & Crypto

Ripple Plans to Block SEC from Appealing Recent Crypto Court Ruling

Ripple plans to thwart attempts by the U.S. Securities and Exchange Commission (SEC) to appeal the landmark decision of the crypto court.

London Stock Exchange Considers Entering Blockchain Market
Blockchain & Crypto

London Stock Exchange Considers Entering Blockchain Market

One of the oldest stock exchanges in the world, based in London, will reportedly use a separate entity for its planned blockchain-based markets business

Apollo Global Management Reportedly Doubts in Investment in Brand Aggregator Perch
Fintech & Ecommerce

Apollo Global Management Reportedly Doubts in Investment in Brand Aggregator Perch

The media reported that the private company Apollo Global Management is currently reviewing its investment in the brand aggregator Amazon Perch.