RBI Fines Payment Operators Including Visa
The Reserve Bank of India (RBI) imposed penalties on Visa, Manappuram Finance, and Ola Financial Services for non-compliance.
News - page 42
UK Startup Fractile Raises $15 Million
The Fractile startup, which is based in the United Kingdom, reported that it managed to raise $15 million in seed funding.
Apple Expands Manufacturing in India
Apple annual sales in India hit a record $8 billion, as one of the firm’s contract manufacturers is planning to assemble iPads in a local facility.
Amazon Partners With Girl Scouts to Promote Diversity in STEM Careers
The current generation of Girl Scouts will soon enter the labour market, so Amazon hosts exclusive tours to showcase to youth the importance and diversity of careers in STEM.
One-Fourth of UK Payments are Contactless
During 2023, 18.3 billion contactless payments were made in the UK, with one-third of adults using mobile contactless payments at least once a month
JPMorgan Reportedly Launches In-House Chatbot
The media reports that JPMorgan Chase has begun the process of implementing its own digital product based on generative artificial intelligence.
Apple Signs On to Voluntary US Scheme to Manage AI Risks
Apple has signed the voluntary commitments of the President of the United States Joe Biden, which are aimed at regulating activities in the artificial intelligence industry.
BofA Says Cooling Economy to Crack Big Tech Rally Even More
Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.
Energy Tech Startup Greenely Grabs €8 Million
Swedish-based startup Greenely is closing an €8 million (about $8.7 million) Series A funding round.
Digital Marketing Startup Plaiced Acquires Precursor Ventures-Backed Clutch
The Plaiced online social network has acquired the Clutch marketplace, which provides digital marketing services to consumers.
MNT-Halan Raises $157.5 Million
MNT-Halan, a fintech startup based in Egypt, has announced that it has managed to raise $157.5 million in investment funds.
OpenAI Tests New Search Features
OpenAI has provided a limited number of users with the opportunity to test a new set of search functions.
IBM Reports Q2 Earnings
IBM last Wednesday, July 23, published information on its financial results for the second quarter of the current year, which exceeded analysts’ preliminary expectations.
Chinese Provinces Step Up to Entice Business
Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]
HSBC & SBF to Help Singapore Businesses Expand to Greater Bay Area, India, and the Middle East
Due to the fresh partnership, businesses in Singapore will be able to leverage global HSBC network and solutions for international expansion and net-zero transition.
SK Hynix Posts Highest Quarterly Profit in 6 Years
SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.
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