News - page 5

Fintech & Ecommerce

Revolut to Launch Mobile Plans Creating Competition for Traditional Network Providers

Revolut mobile plans stand out with their unlimited calls, texts and data offering complemented with an attractive roaming proposition.

Blockchain & Crypto

Rain and Visa Unlock Onchain Credit Card Settlement

Instead of relying on regular bank settlement processes, Rain now handles all transactions for its Visa cards using USDC stablecoin.

Fintech & Ecommerce

CIBC Launches Adapta Mastercard With Smart Rewards System

The first adaptive Mastercard product in Canada enables CIBC customers to maximise their shopping rewards using dynamic spending insights.

Fintech & Ecommerce

Affirm Launches AI-Powered Promotion Platform

Buy Now, Pay Later (BNPL) network Affirm introduces to its merchant partners an artificial intelligence-powered platform called AdaptAI.

Fintech & Ecommerce

Amazon to Speed Delivery in Rural Areas

Amazon announced last Wednesday, April 30, that it will invest more than $4 billion to expand its rural delivery network and provide fast delivery to millions of customers in less densely populated areas.

Science & Technology

Qualcomm Reports Earnings

Qualcomm has released information on its financial results for the second fiscal quarter, which exceeded Wall Street’s preliminary expectations, as sales of chips from the San Diego, California-based company showed significant growth.

Science & Technology

Microsoft Shares Jump on Earnings Beat

The value of Microsoft shares last Wednesday, April 30, during extended trading showed an increase of approximately 9%, which is an upward dynamic supported by the fact that this company published the financial results of its operations for the last fiscal quarter, which exceeded preliminary expectations, including regarding the performance of the Azure cloud business, […]

Science & Technology

Meta Reports First-Quarter Earnings

Last Wednesday, April 30, the value of Meta Platforms shares showed growth of as much as 5% after the company released information about its earnings for the first quarter of 2025, which exceeded analysts’ preliminary expectations, and provided guidance for the present quarter, which coincided with Wall Street forecasts.

Finance & Economics

Sovereign Debt Servicing Costs Low-Income Countries Over $2.6B Extra Due to Currency Fluctuations and Climate Impact

A fresh report shows that the international financial system is being unfair to low-income countries, which suffer from currency fluctuations and the heightened impact of climate change.

Fintech & Ecommerce

Mastercard and Visa Usher New Era of Agentic AI Commerce

Both payment network providers, Visa and Mastercard, have almost simultaneously unveiled their initiatives to enable the future of AI-driven agentic commerce.

Science & Technology

ASM International Expects Sales Growth

ASM International, a Netherlands-based manufacturer of equipment for making chips, said last Tuesday, April 29, that it expects annual sales to grow in a double-digit percentage range at constant currencies, despite increasing macroeconomic uncertainty amid global trade tensions.

Science & Technology

Nvidia CEO Says About China’s Position in AI Race

Nvidia chief executive officer Jensen Huang on Wednesday, April 30, said that China is not behind in the artificial intelligence industry and noted that Huawei is one of the most formidable technology companies in the world.

Fintech & Ecommerce

Rogo Raises $50 Million

Technology startup Rogo raised $50 million to build an artificial intelligence-powered Wall Street analyst.

Finance & Economics

Euro-Area Economic Growth Quickens

At the beginning of the current year, the eurozone economy demonstrated growth, the pace of which exceeded preliminary expectations regarding the dynamic of the relevant process, but this system has yet to face the impact of tariffs imposed by the President of the United States Donald Trump, in the plane of practical consequences.

Finance & Economics

US Economy Shrinks

At the beginning of the current year, the United States economic system showed a decline for the first time since 2022, amid a significant increase in imports ahead of the announcement of tariffs on goods shipped to the US from other countries, and moderate consumer activity in the context of spending.

Fintech & Ecommerce

Google Wallet to Facilitate Age and ID Verification

Google Wallet expands its functionality with ID passes for the UK market, and mobile IDs spreading to more U.S. states.