News - page 38

Fintech & Ecommerce

UK Financial Regulator Fines Starling Bank

In the United Kingdom, the financial regulator fined local digital lender Starling Bank for 29 million pounds ($38.5 million).

Science & Technology

Chinese Startup Numemory Claims Memory Chip Breakthrough

The Chinese startup Numemory, which operates in the space of the semiconductor industry, presented the largest-capacity memory chip in its category, which was developed and manufactured in mainland China.

Science & Technology

OpenAI Enhances Voice and Vision Capabilities

OpenAI recent updates significantly enhance ChatGPT’s capabilities in voice and visual information deciphering.

Science & Technology

Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases

As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.

Fintech & Ecommerce

Mastercard Launches New Cardholder Offerings for Canadian SMEs

Through strategic partnerships with Slack, Asana, FlexiRoam, H&R Block and others, Mastercard is bringing a range of new business opportunities tailored to meet the unique needs of Canadian SMEs

Science & Technology

SoftBank Reportedly to Invest $500 Million in OpenAI

The media reports that the Vision Fund, which is part of the ownership structure of the Japanese telecommunications company SoftBank, intends to invest $500 million in the latest round of funding for OpenAI.

Finance & Economics

Euro-Area Inflation Drops Below 2%

In September, inflation in the eurozone fell below the European Central Bank’s 2% target.

Blockchain & Crypto

Robinhood Crypto Brings Crypto Transfers to Europe

Crypto transfers were one of the most requested features by Robinhood customers in Europe.

Science & Technology

Microsoft Reportedly Plans to Relaunch AI-Powered Recall Offering

The media reports that Microsoft intends to make another attempt to roll out its Recall program powered by artificial intelligence.

Science & Technology

Google to Invest $1 Billion in Thailand

Google on Monday, September 30, announced its intention to invest $1 billion in Thailand.

Finance & Economics

Jerome Powell Says Fed to Lower Rates Over Time

Federal Reserve Chairman Jerome Powell said that the central bank of the United States will once again cut interest rates over time and noted that currently, the US economy as a whole remains on solid footing.

Finance & Economics

China Stocks Demonstrate Sharp Increase

On Monday, September 30, Chinese stock indexes showed the largest one-day gain in the last 16 years.

Finance & Economics

German Inflation Demonstrates Decline

In Germany, in September, the harmonized consumer price index showed a decline, ending up at 1.8%.

Fintech & Ecommerce

Mastercard and KaiOS to Deliver Affordable Payment Acceptance Devices to African SMEs

Mastercard latest collaboration aims to enable businesses to leverage digital tools more easily, promoting financial inclusion by using affordable mobile devices powered by KaiOS.

Blockchain & Crypto

CZ Pledges More Tech Investment Upon US Custody Release

Changpeng Zhao (CZ), the former CEO of Binance, is out of prison and vows to increase his investment in technology sectors such as blockchain, artificial intelligence, and biotechnology.

Fintech & Ecommerce

Stripe Expands Presence in Toronto to Boost Canadian Business Growth

Stripe announced its expansion in Canada with a focus on the new flagship office in Toronto, aiming to accelerate the growth of Canadian businesses.