JPMorgan Seeks to Expand in Africa and Scandinavia
JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.
News - page 43
Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report
Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global crypto value received between July 2023 and June 2024. South Korea and Hong Kong stand out as the most crypto-active countries in the region, with institutions driving increased adoption.
USDC Integrates With Real-Time Payment Systems of Mexico and Brazil
Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.
Microsoft Approves New Share Buyback Program
Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.
VC Company Patron Raises $100 Million
Early-stage venture capital company Patron announced that its second fund raised $100 million.
Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
US Retail Sales Demonstrate Growth
In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.
Intel Shares Rise Amid Chip Deal With Amazon
Intel’s chip manufacturing business, which has recently faced significant difficulties, received an incentive for growth and development after the announcement of the beginning of interaction with a major customer, which is Amazon.
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
Apple Presents iOS 18
Apple on Monday, September 16, presented a new version of the operating system for the iPhone called iOS 18.
Circle Partners With Sony to Enable USDC on Soneium
Soneium, a public Ethereum layer 2 blockchain ecosystem, will integrate the Bridged USDC Standard and establish bridged USDC as one of its primary tokens for value exchange due to the fresh collaboration.
OpenAI Announces New Independent Board Oversight Committee
OpenAI on Monday, September 16, announced that its Safety and Security Committee, which this company introduced in May during the proceedings in the framework of disputes related to security processes, is being transformed in a structural sense and corporate context into an independent board oversight committee.
Larry Ellison Becomes World’s Second-Richest Man
On Monday, September 16, the value of Oracle shares continued their growth trajectory, increasing by more than 6%, against which the chairman of this company, which is a software developer and server hardware supplier, Larry Ellison became the second richest person in the world, displacing Amazon founder Jeff Bezos in the appropriate position.
Experts Cut China’s 2024 Growth Forecast
Experts from world-renowned financial institutions began to reconsider their vision of the prospects of the dynamic of the economic system of China in the current year, and for Beijing, these new expectations are clearly not favorable and do not belong to the category of a positive assessment of the possibilities of the foreseeable future.
NAHREP Conference Showcases AI Tools for Real Estate Agents
The National Association for Hispanic Real Estate Professionals (NAHREP) L’Atitude conference illustrated mind-blowing AI use cases for tech-savvy real estate agents.
India Accuses Amazon and Flipkart in Violation of Competition Laws
The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.
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