News - page 55

Finance & Economics

US Inflation Demonstrates Growth

In November, an increase in inflation was recorded in the United States.

Fintech & Ecommerce

Revolut Seeks to Become New Zealand’s First Global Digital Bank

The fintech company Revolut, headquartered in London, is focused on New Zealand as part of its ongoing international expansion.

Science & Technology

Reddit Tests AI-Powered Answers Feature

Reddit rolls out a new artificial intelligence feature designed to help people quickly find answers to their questions based on user posts.

Science & Technology

OpenAI Launches Sora

OpenAI has launched an artificial intelligence system called Sora, which can generate realistic videos based on text prompts from users.

Science & Technology

Google Unveils New Chip

Google has presented a new chip, which, according to the statement of this technology giant, is what can be called a major breakthrough in the area of quantum computing, which is currently considered by many companies as the next frontier.

Fintech & Ecommerce

BofA’s CashPro App Reaches $1 Trillion Milestone

Bank of America announced that by the end of the current year, corporate clients of this financial institution will have made more than $1 trillion in approvals for payments through the CashPro App.

Blockchain & Crypto

First UAE Stablecoin Gets Final Approval Before Launch

AE Coin, the first regulated stablecoin in the UAE pegged to the local dirham currency, has received the final licence from the Central Bank of the UAE and is scheduled for the soon-to-come launch.

Fintech & Ecommerce

Norway welcomes First Apple Pay Alternative for iPhones by Vipps

Vipps MobilePay launched a mobile wallet payment solution for iPhone, now available for customers in Norway.

Fintech & Ecommerce

Amazon and Intuit Strengthen Strategic Alliance

Amazon and Intuit enhance their long-term collaboration to save sellers time and improve decision-making by providing seamless data synchronization between Amazon and QuickBooks platforms.

Science & Technology

X Unveils AI Image Generator Aurora Available Through Grok Assistant

X AI assistant Grok can now generate high-quality photorealistic images with its new capability brought by the Aurora tool.

Finance & Economics

Long-Term Prospects of Fed’s Monetary Policy Easing Face Uncertainty

The jobs report published last week was interpreted by many experts as a kind of signal of the inevitability that in the current month, the Federal Reserve System will make another decision on cutting interest rates, but this answer to the question of what happens next faces a symbolic twilight of uncertainty.

Finance & Economics

China Consumer Inflation Drops to Five-Month Low

In China, November consumer inflation was recorded at a level that is a five-month low.

Blockchain & Crypto

BitOasis Secures VASP License in Dubai

BitOasis can now offer a full range of crypto trading services in Dubai upon receiving a full virtual asset service provider (VASP) license.

Fintech & Ecommerce

Jack Ma Envisions AI Shaping Ant Group’s Future Through Innovation and Efficiency

Chinese billionaire and the co-founder of industry-leading Ant Group, Jack Ma, expressed his opinion about the significant opportunities artificial intelligence (AI) can offer to the fintech giant.

Finance & Economics

UK Business Confidence Demonstrates Decline

In the United Kingdom, businesses lost steam and pulled back on hiring in November.

Science & Technology

OpenAI Reportedly to Give Microsoft Access to Its AGI

The media reported that OpenAI may provide Microsoft with access to its as-yet-unrealized artificial general intelligence (AGI).