News - page 45

Science & Technology

Google Reportedly to Lead $250 Million Round by Mobile Startup Glance

The media reports that the Indian mobile content provider Glance is currently in active negotiations on raising capital as part of a funding round led by the current backer, which is Google.

Science & Technology

Global IT Outage Highlights Fragility of Digital Infrastructure

A defective cybersecurity software update stalled the work of major global airlines, delivery companies, healthcare services and banks on Friday.

Finance & Economics

Fed’s John Williams Says About Prospects of Changes in Monetary Policy

Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.

Science & Technology

Xiaomi Presents First Flip Phone

Xiaomi on Friday, July 19, presented its first flip phone.

Finance & Economics

China to Intensify Support for Equipment Upgrades

Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.

Science & Technology

Huawei Collaborates With ZGCMC to Drive AI Adoption

Huawei Technologies has launched a partnership with Sichuan Zigong Conveying Machine Group Co (ZGCMC).

Science & Technology

AI Giant iFlytek to Invest in Hong Kong

One of the biggest players in China’s artificial intelligence industry, iFlytek, presented a five-year investment plan for the activity in Hong Kong on Friday, July 19.

Science & Technology

OpenAI Launches GPT-4o Mini

OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.

Finance & Economics

ECB Keeps Rates Steady

The European Central Bank kept interest rates unchanged after a landmark easing of monetary policy last month.

Science & Technology

Samsung to Acquire Startup Oxford Semantic

On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.

Finance & Economics

UK Wage Growth Demonstrates Slowdown

A slowdown in the rate of wage growth was recorded in the United Kingdom.

Finance & Economics

Xi Jinping to Unveil Vision for Chinese Economy

The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.

Finance & Economics

ECB Reportedly to Hold Rates Steady

Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.

Fintech & Ecommerce

Klarna Reportedly Considers Possible 2025 US IPO

Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.

Science & Technology

Anthropic and Menlo Ventures Partner on AI Fund

Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of ​​artificial intelligence.

Science & Technology

ASML Shares Fall Amid Risk of More US Export Curbs

The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.