Nokia Cuts 2026 Profitability Goal
Nokia Oyj has worsened its long-term profitability target.
News - page 44
Apple Reportedly Plans Overhaul to iPad Family
The media reports that Apple is planning to overhaul its family of iPad tablets.
Citi Invests in Colombian FinTech Supra
Citi has led a round of strategic investments in Supra, a fintech company based in Colombia.
Nvidia Invests in More Than 35 AI Companies in 2023
Nvidia, which is currently the world’s largest manufacturer of chips used, among other things, for training and subsequent operation of artificial intelligence systems, this year strengthened its position as an investor interacting with startups operating in the sphere of AI.
Pew Research Report Shows Choice of American Teens in Favor of YouTube and TikTok
A new report by the Pew Research Center on the use of social networks and the Internet indicates that American teenagers often spend time on virtual platforms, which is not a sensation or little expected news, but the choice of representatives of the younger generation in this matter deserves attention.
BOJ Reportedly to See Little Need to End Negative Rate in December
Bank of Japan officials do not yet see a reason to decide to cancel the world’s last negative interest rate in December.
Nvidia Reportedly Sees Vietnam as Potential Second Home
The Chief Executive Officer of Nvidia Corp. Jensen Huang considers Vietnam as a potential second home for the company he heads and plans to open a legal entity in the Southeast Asian country.
Rakuten Plans to Launch AI Model
Rakuten plans to launch its proprietary language model of artificial intelligence.
TikTok Invests $1.5 Billion to Get Back Into Online Shopping in Indonesia
TikTok, which is part of the ByteDance ownership structure, is investing $1.5 billion to become the controlling shareholder of the e-commerce unit of Indonesia’s GoTo Gojek Tokopedia.
Chinese Consumer Price Index Shows Decline
In China, local financial authorities are struggling with falling prices, while in many other countries, central banks are taking measures aimed at curbing the process of increasing the cost of goods and services.
Google to Allow US Crypto Trust Ads
Ads about crypto trusts in the US will be enabled by Google from the end of January 2024.
Fintech Funding Accelerates in Jordan
Fintech funding in Jordan attracted US$26 million between 2018 and 2022, becoming one of the top investment targets.
SumUp Raises $300M in Growth Funding
British fintech startup SumUp has raised a fresh funding round that brings the company valuation close to $8.6 billion.
Livestreaming E-Commerce Surges in China, Boosted by AI
This year’s Singles Day highlighted the growth of livestreaming e-commerce sales, fueled by virtual avatar hosts and AI chatbot use.
Meta Launches Security Tools in Llama AI Model
Meta has launched the Purple Llama project, which is related to its artificial intelligence tool of the same name.
JPMorgan Payments Processes Record Number of Operations in Europe
JPMorgan Payments processed a record number of financial card transactions in Europe last Black Friday and Cyber Monday.
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