News - page 50

Science & Technology

Neuralink Raises $43 Million

Neuralink, a company founded by Elon Musk that specializes in the development of implantable chips capable of reading brain waves, was able to attract additional venture capital for $43 million.

Finance & Economics

White House Reportedly to Redouble Measures to Strengthen Supply Chains

The media reports that this week the administration of the President of the United States Joe Biden will double measures aimed at strengthening the supply chain.

Finance & Economics

HSBC Customers Face Mobile Banking Outage

In the UK, thousands of HSBC customers are faced with the problem of accessing online banking and mobile banking services.

Fintech & Ecommerce

Berkshire Hathaway Exits India’s Paytm

American Berkshire Hathaway Inc. has withdrawn from the Indian Paytm, as evidenced by information on the local stock exchange.

Finance & Economics

Russia’s Sanctioned Sovcombank Applies for US Licence to Make UN Climate Payments

Sovcombank, one of Russia’s major financial institutions, sanctioned by the US, UK and EU, has applied to the US Treasury for a licence to make membership payments to a United Nations climate funding programme.

Science & Technology

Google’s AI Chatbot Answers Questions About YouTube Videos

Google has announced that its artificial intelligence-based chatbot called Bard can now answer users’ questions about videos posted on YouTube.

Science & Technology

Bill Gates Says About AI Impact on Number of Working Days

Billionaire Bill Gates during a conversation with actor and comedian Trevor Noah as part of the podcast What Now? shared his thoughts on the potential options for the influence of artificial intelligence on human life.

Finance & Economics

Swedbank Robur Launches Two Climate Funds

Swedbank Robur, as part of the implementation of its strategy of activities related to rolling out projects aimed at protecting the environment, is launching two new funds specializing in climate and climate bonds.

Fintech & Ecommerce

PaymentSense Intends to Obtain Irish Money Licence

In the foreseeable future, competition may intensify in the payment sector in Ireland, as the British-based company PaymentSense plans to apply to the Central Bank of the said country for a license for electronic money.

Fintech & Ecommerce

Majority of UK Banks Test GenAI

Currently, according to UK Finance survey, in the United Kingdom, many local companies and organizations that operate in the sphere of financial services are using generative artificial intelligence technologies and tools in a test mode.

Society & Lifestyle

Lloyd’s of London Launches Consultation to Transit to Net Zero

Lloyd’s, the London-based marketplace for insurance and reinsurance, has launched a consultation on its roadmap towards net zero goal.

Fintech & Ecommerce

Trafalgar & Thought Machine to Create a Mexico-Based FinTech

Trafalgar will use Thought Machine’s core banking platform to develop a suite of additional financial services, including digital cards, POS systems, digital authentication, and more, for the new Mexico-based FinTech

Blockchain & Crypto

Singapore Tightens Crypto Regulation

The Monetary Authority of Singapore (MAS) introduces new investor protection measures for crypto service providers to discourage cryptocurrency speculation among retail customers.

Blockchain & Crypto

Binance Investors Pull $956M After Changpeng Zhao Steps Down

Crypto exchange Binance saw about $956 million in outflows in 24 hours after its CEO, Changpeng Zhao, stepped down, pleading guilty to settle a years-long U.S. illicit finance probe.

Science & Technology

India to Fight Deepfakes

India is currently working on creating a regulatory framework that will allow it to implement regulations to combat deepfakes.

Fintech & Ecommerce

TikTok Mulls Tokopedia Investment for New E-Commerce Platform

TikTok is reportedly considering an investment into Tokopedia, a unit of Indonesia’s GoTo Group, to revive its e-commerce service in Southeast Asia’s largest retail market.