IBM to Close Its China R&D Department
International Business Machines (IBM) Corp. is shutting down a key research division in China.
News - page 33
Thailand Approves Western Digital’s Investment Project
Thailand has approved Western Digital’s project to expand the production of hard disks in this country.
Apple Announces iPhone Event
Apple on Monday, August 26, announced that on September 9, a press conference will be held at its headquarters located in Cupertino, California, during which new iPhone and Watch models are expected to be presented.
Nvidia Q2 Sales Reportedly to Double
The media, citing interviewed experts, report that with a high degree of probability on Wednesday, August 28, Nvidia will publish information on earnings for the second fiscal quarter, which will show that the company’s revenue has more than doubled.
Germany’s Business Outlook Remains Low
Germany’s business outlook continues to be at a low level, currently being minimal since February.
Zeller Unveils Terminal 2 Integrated Payments & POS Solution
Australian fintech Zeller introduced an all-in-one payments and point-of-sale (POS) solution for businesses called Terminal 2, setting a new benchmark in retail technology.
Stablecoin Market Cap Reaches All-Time High
After a consecutive 11-month growth, stablecoins reached a new all-time high of $168 billion in market cap.
Revenew Raises $4.55 Million
Revenew announced that it has raised $4.55 million in venture capital.
Revolut Expands Business Payment Gateway
The Revolut Business Payment Gateway can now be integrated with BigCommerce.
Sony Develops Its Own Blockchain
Soneium blockchain by Sony will be potentially able to interact with Web3 games, NFT marketplaces, and entertainment-related services in compatible apps.
US New Home Sales Demonstrate Growth
In the United States, there was an increase in sales of new homes last month.
Microsoft to Host Cybersecurity Summit in September
Microsoft announced on Friday, August 23, that it will hold a cybersecurity summit next month.
Bank of England Governor to Say About Possible Need for More Long-Term Restrictive Policy
The media reports that Bank of England Governor Andrew Bailey, as part of his Friday speech, will make a positive statement about the progress that the United Kingdom has been able to achieve in implementing measures and taking actions aimed at countering the inflationary process, but at the same time will note that restrictive monetary […]
Jerome Powell Indicates Interest Rate Cuts Ahead
Federal Reserve Chairman Jerome Powell on Friday, August 23, formulated what can be called a rhetorical and, in a sense, the ideological semantic platform for easing monetary policy in the United States, which means that the moment is approaching when the financial regulator of this country will decide on cutting interest rates.
Yellow Card & Fireblocks to Streamline Cross-Border Payments in Africa
Pan-African fintech and stablecoin platform Yellow Card integrates Fireblocks wallet to improve cross-border transactions for both businesses and individuals in Africa.
PhonePe Enables Consumers to Link Credit Lines to UPI
Indian fintech PhonePe grabs the opportunity provided by RBI and offers its customers an ability to link pre-approved credit line to UPI apps.
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