News - page 41

Fintech & Ecommerce

Amazon Upgrades Checkout AI

Amazon is upgrading its AI model to improve accuracy.

Finance & Economics

UBS Sues Bank of America

UBS sued Bank of America for $200 million.

Blockchain & Crypto

Crypto Segment Reverses Gender Pay Gap Trend: Pantera Capital Report

Women working in the crypto segment earn, on average, 15% more than men, comprising a larger proportion of mid-level and senior positions, representing what is called a reversed gender pay gap.

Finance & Economics

Fed Reportedly to Hold Rates

Federal Reserve officials are expected to move closer this week to cutting interest rates from the current levels, which are the highest in about 20 years, but at the same time will not make any specific decisions about lowering the cost of borrowing and will only signal a possible easing of monetary policy in September.

Science & Technology

Virtual Companion Now on Your Neck With a Friend AI Necklace

The new AI-powered necklace Friend can help people combat loneliness by keeping them company in daily conversations.

Blockchain & Crypto

M2 Enables UAE Residents to Trade Bitcoin and Ether Via Bank Accounts

Crypto exchange M2 introduced a new integration that allows UAE customers to convert dirhams in their bank accounts directly into Bitcoin and Ether.

Fintech & Ecommerce

Stripe Buys Lemon Squeezy

Stripe has acquired Lemon Squeezy, a payment processing startup.

Science & Technology

OpenAI Launches Voice Assistant

OpenAI launches the long-awaited voice assistant for ChatGPT for a limited number of users.

Fintech & Ecommerce

Aveni Raises $14 Million

The fintech company Aveni, which is based in the United Kingdom, announced that it managed to raise investment funds for $14 million.

Finance & Economics

China to Focus on Consumption

In China, the local leadership has promised to pay high-level attention to stimulating consumer spending.

Finance & Economics

Euro-Area Economy Demonstrates Growth

In the second quarter of the current year, the eurozone economic system was on a growth trajectory and demonstrated such positive dynamic rates that exceeded the initial expectations of experts regarding the intensity of the rising of the corresponding indicator.

Science & Technology

Booming GenAI Demand to Double Asia-Pacific Data Centre Capacity by 2028

Analysts predict that against the background of scaling up the implementation of generative artificial intelligence and cloud computing, the capacity of data centers located in the Asia-Pacific region will double over the next five years.

Science & Technology

Apple Releases First Version of Suite of AI Features

On Monday, July 29, was released the first version of Apple Intelligence, which is a suite of AI features developed by the technology giant that will improve the functioning of Siri, automatically generate emails and images, and sort notifications.

Science & Technology

SK Hynix to Build Chip Plant in South Korea

SK Hynix, a South Korean-based memory chip giant, has announced its intention to invest 9.4 trillion Korean won ($6.8 billion) in the construction of a new semiconductor manufacturing plant.

Finance & Economics

ECB Rate Setters Want More Data Before Lowering Cost of Borrowing

This week, the flow of statistical information on the current state of affairs in the eurozone economic system space will provide the European Central Bank with more signals and form by this institution a more accurate understanding of how appropriate it is to decide to continue taking actions within the framework of the monetary policy […]

Finance & Economics

Bank of England Reportedly to Kick Off Slow Cycle of Interest Rate Cuts

The media reports that currently, the dominant point of view among experts is that shortly the Bank of England is highly likely to warn investors that they should not bet on launching the process of consistently cutting interest rates if its policymakers decide this week on a sharp lowering of the cost of borrowing.