News - page 39

Finance & Economics

German Economy Shrinks

The German economic system continues to face difficulties, and the dynamic of growth is not a reality for it, as evidenced by the fact that in the fourth quarter of 2024, the gross domestic product (GDP) of this country decreased by 0.2% compared to the previous three-month period of last year.

Finance & Economics

US Economy Slows

In the last three months of 2024, the upward dynamic of the United States economic system began to show a slowdown, but still, growth in this case was a steady process, and not a kind of symbolic alternation of ups and downs, forming a situation of sharp manifestations of multidirectional phenomena.

Science & Technology

India Joins GenAI Race

India is planning a GenAI project tailored to the nation’s unique cultural and linguistic diversity.

Blockchain & Crypto

El Salvador Amends Bitcoin Laws to Comply With IMF Deal

The legislative assembly of El Salvador has swiftly approved significant alterations to its unique national Bitcoin law following a $1.4 billion loan agreement with the International Monetary Fund (IMF).

All materials

PaySpace Magazine Tops FeedSpot’s Ranking of Best Payment Magazines

PaySpace Magazine topped the ranking of the best payment magazines compiled by FeedSpot.

Blockchain & Crypto

Trump Media Plunges Into DeFi

Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.

Fintech & Ecommerce

ServiceNow Expands Visa Alliance

ServiceNow, a cloud-based platform that automates organisational processes, expands its five-year strategic alliance with Visa to transform payment services, adding dispute management tools to the service package.

Science & Technology

Amphitrite Optimizes Maritime Shipping and Ocean Cleanup With AI and NVIDIA Earth-2

Amphitrite, a French startup powered by NVIDIA technology, helps ships reduce travel time, fuel use, and emissions by predicting ocean currents and simulating different weather conditions.

Science & Technology

Meta Reports Its Financial Results

On Wednesday, January 29, in after-hours trading Meta’s shares demonstrated slight growth against the background of the fact that this technology giant published its earnings for the fourth quarter of 2024 and the whole of last year.

Science & Technology

IBM Shares Increase on Earnings Beat

IBM on Wednesday, January 29, released information about its earnings for the fourth quarter of 2024, which exceeded Wall Street’s preliminary expectations.

Science & Technology

Microsoft Reports Earnings

On Wednesday, January 29, during the extended trading, the value of Microsoft shares fell by as much as 5% after the technology giant released its results for the second fiscal quarter, which showed the growth of Azure cloud computing services below preliminary expectations.

Finance & Economics

Donald Trump Accuses Fed of Creating Inflation

President of the United States Donald Trump on Wednesday, January 29, slammed Federal Reserve Chairman Jerome Powell and the US central bank for failing to stop the problem they created with inflation.

Finance & Economics

Fed Holds Interest Rates Steady

The Federal Reserve system on Wednesday, January 29, decided to keep its key interest rate at the same level.

Science & Technology

Alibaba Releases New Version of Its AI Model

Chinese technology company Alibaba on Wednesday, January 29, released a new version of its artificial intelligence model Qwen 2.5.

Fintech & Ecommerce

Porter Airlines, BMO & Mastercard Unveil New Credit Card to Boost Travel Rewards for Canadians

Canadian customers of Porter Airlines will soon benefit from enhanced travel rewards via the new BMO VIPorter Mastercard service suite.

Blockchain & Crypto

Binance Denies France’s Claims

In recent years, the Binance cryptocurrency exchange has become the object of intense attention from governments around the world, and the French authorities have initiated another legal challenge.