News - page 57

Finance & Economics

UK Inflation Demonstrates Decrease

According to the results of October, the annual inflation rate in the UK showed a sharp decline to the level of 4.6%.

Science & Technology

Airbnb Acquires AI Startup

Airbnb has concluded its first acquisition deal as a public company.

Blockchain & Crypto

IMF Says About Potential of CBDC

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Wednesday, November 15, said that central bank digital currency (CBDC) can replace cash, separately noting that it will take time to implement the corresponding scenario.

Fintech & Ecommerce

Affirm Says About Impact of High-Interest Rates on Demand for BNPL

Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.

Fintech & Ecommerce

Amazon Offers New Benefits for Prime Members

Amazon offers additional benefits for Prime subscribers using the Buy With Prime service.

Finance & Economics

China’s Retail Sales and Factory Exceed Expectations

According to October results, retail sales and industrial production volumes were recorded in China, which exceeded initial expectations.

Fintech & Ecommerce

Mastercard Launches Partnership With NEC in Biometric Payments

Mastercard announced the start of NEC’s partnership to introduce biometric control in the Asia-Pacific region.

Science & Technology

Xiaomi and Huawei Lead China Phone Market

Huawei Technologies Co. and Xiaomi Corp. have activated the Chinese mobile phone market, which showed double-digit growth in October.

Fintech & Ecommerce

Klarna Expands Ad and Marketing Tools for Creators and Retailers

The Klarna payment network has decided to expand its advertising and marketing tools for creators and retailers.

Science & Technology

Snapchat to Test Family Plans

As part of efforts to expand its subscription program, the Snapchat virtual platform plans to test the Friends & Family Plan shortly.

Blockchain & Crypto

JPMorgan Doubts Justification of Crypto Market Enthusiasm

JPMorgan, through the prism of skepticism, perceives the enthusiasm that is observed in the cryptocurrency market.

Fintech & Ecommerce

Alphabet Sells Off All of Its Shares in Trading App Robinhood

Google’s parent company Alphabet has decided to sell all its shares in the trading app Robinhood.

Science & Technology

OpenAI Needs More Funding for Artificial General Intelligence

OpenAI hopes to receive additional funding, which is necessary to implement the plans of this company to create artificial general intelligence (AGI).

Science & Technology

Google Sues Scammers

Google is suing five scammers, about whom there is no information, but their illegal acts are known.

Finance & Economics

Joe Biden Erases $127 Billion in Student Debt

The United States government has erased student loans worth more than $127 billion since 2021.

Science & Technology

Google Reportedly Assesses Further Investment in Character.AI

The media reports that Google is currently exploring the potential to continue investing in a technology startup Character.AI.