News - page 5

Blockchain & Crypto

Binance Tops Crypto App Downloads Rating

Binance mobile app amassed over 6.3 million downloads in the first quarter of 2024, with a 21% lead over its nearest competitor Revolut.

Science & Technology

South Korea to Host Second AI Safety Summit

South Korea to host the second global AI Safety Summit.

Blockchain & Crypto

Young Americans Prefer Crypto to Stocks: Report

A new survey suggests that Generation Z and millennials in the U.S. are more likely to invest in alternative assets like crypto and NFTs than traditional stocks.

Science & Technology

Elon Musk Predicts AI to Surpass Human Intelligence

Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.

Finance & Economics

Wells Fargo Profit Shrinks

Wells Fargo’s net income for the first quarter of 2024 demonstrated the negative dynamic of decline.

Finance & Economics

Citigroup Posts First-Quarter Revenue

Citigroup reported earnings for the first quarter of 2024.

Finance & Economics

JPMorgan Profit Exceeds Estimates

JPMorgan Chase on Friday, April 12, released information on profit and revenue in the first quarter of the current year.

Finance & Economics

Official Says About Impact of China’s Policy to Boost Demand

China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.

Blockchain & Crypto

El Salvador Launches First-Ever Tokenized Asset Raise With Bitfinex Securities

Tokenized shares issued on the Bitcoin layer 2 Liquid Network will allow investors to earn a share in a new 4,500-square-foot Hampton by Hilton hotel in El Salvador.

Finance & Economics

UK Economy Demonstrates Growth

In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.

Blockchain & Crypto

BlackRock’s BUIDL Tokenized Fund Gets USDC Transfer Functionality

With the new smart contract, holders of the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) can now transfer their shares to Circle for USDC.

Science & Technology

Apple Reportedly Plans to Overhaul Entire Mac Line With M4 Chips

The media reports that Apple Inc., which is making efforts to recover sales of its computers, is currently preparing to overhaul the entire Mac line.

Science & Technology

OpenAI CEO Reportedly Seeks Global Support for AI Infrastructure

The media, citing insiders, report that OpenAI CEO Sam Altman is currently holding meetings with government and industry officials in several countries to provide the support necessary for the full implementation of the process of building an infrastructure for artificial intelligence.

Finance & Economics

ECB Holds Interest Rates to First Cut in June

During the meeting on Thursday, April 11, the European Central Bank decided to keep interest rates at the same level.

Science & Technology

Amazon CEO Says About Role of His Company in Generative AI Boom

Chief Executive Officer Amazon.com Inc. Andy Jassy said that the cloud infrastructure of the company he heads will become an essential part of the boom in the generative artificial intelligence industry.

Finance & Economics

China Reports Inflation Data

In China, the level of consumer prices in March remained virtually unchanged compared to a year ago figure, while the cost of manufactured goods in this Asian country continues to be on a downward trajectory, which is evidence of the existence of deflationary pressures threatening the prospects of the local economic system.