PayGround Raises More Than $19 Million
PayGround managed to raise investment funds for $19.7 million following the results of the Series A financing round.
News - page 51
AWS and Nvidia to Deliver Generative AI Infrastructure
Amazon Web Services (AWS) and Nvidia have announced the expansion of cooperation to provide consumers with advanced infrastructure, software, and services for innovation in the sphere of artificial intelligence.
Apple to End Credit Card Partnership With Goldman Sachs
Apple is reportedly looking for ways to end its credit card and savings account partnership with Goldman Sachs within a year or so.
US Home Prices Hit Record High
In September, the dynamic of housing prices in the United States continued to move within the growth trend.
UBS Chair Predicts Challenging 2024
UBS Chairman Colm Kelleher said that next year will be one of the most difficult in the takeover process of Credit Suisse by the mentioned financial institution.
Foxconn to Invest $1.6 Billion in India
The Taiwanese technology giant Foxconn, one of the main manufacturers of the iPhone smartphones of the American company Apple, intends to expand the scale of its presence in India by allocating investment funds for $1.6 billion in new construction projects.
China to Focus on Sustainable Growth
Pan Gongsheng, governor of the People’s Bank of China, said that at present, high-quality and sustainable growth is the most important for this country in terms of priorities related to the economic system.
Snapchat Reportedly Tests Ad-Free Subscription Tiers
Media reports that Snapchat is currently testing consumer subscription offers without ads.
Reddit Reportedly Plans IPO
The media reports that Reddit is currently negotiating with potential investors about an initial public offering (IPO).
Christine Lagarde Says About Possibility of Pandemic Bond Reinvestments Soon
The President of the European Central Bank, Christine Lagarde, said that officials of this financial institution may soon review their portfolio of so-called pandemic bonds worth €1.7 trillion ($1.9 trillion) and change their position on how long they will replace securities with maturity.
Bank of England Governor Resists UK Rate Cuts for Foreseeable Future
Bank of England Governor Andrew Bailey, suggests that a reduction in interest rates in the foreseeable future is an unlikely prospect, warning that the second half of the process of countering inflation in the United Kingdom will be hard work.
JPMorgan Expands UAE Services
JPMorgan announced the expansion of its operations in the United Arab Emirates (UAE).
US Black Friday Online Sales Approach $10 Billion
The media reports that this year in the United States in the segment of virtual sales, consumers spent a record $9.8 billion during Black Friday.
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.
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.
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.
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