SoFi Student Loan Originations Soar
SoFi has benefited from high demand for student loans ahead of repayments that have been resumed this fall.
News - page 60
Meta Launches New Subscription Option for Users in Europe
Meta will soon launch a new subscription option for users of the virtual platforms Facebook and Instagram in Europe.
HSBC Warns of Negative Prospects of China’s Property Market
HSBC on Monday, October 30, announced that the Chinese real estate market has the potential for further deterioration of the situation.
Europe’s Biggest Economy Shrinks
According to the results of the third quarter of this year, a decrease in the volume of production activity was recorded in Germany.
Apple Faces Potential Watch Import Ban
Apple may soon face the problem of banning the import of its watches.
Joe Biden Unveils New Executive Order on AI
The President of the United States Joe Biden has unveiled a new executive order on artificial intelligence.
DLocal Brings Cashless Solution to inDrive Brazil
A mobility and urban services platform inDrive has chosen dLocal as its provider for the new cashless solution in Brazil.
Two-Thirds of Businesses to Use Fewer PSPs
The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.
Nubank Customer Base in Latin America Surpasses 90 Million
Brazilian challenger Nubank has surpassed 90 million customers in Latin America across its operations in Brazil, Colombia, and Mexico.
Capital One Reports Third Quarter Results
Capital One has published the results of its activities in the period from July to the end of September this year.
JPMorgan CEO to Sell 1 Million Shares
JPMorgan Chase & Co Chairman and CEO Jamie Dimon and his family intend to sell 1 million shares of JPMorgan stock.
Huawei’s Profit Doubles
According to the results of the last quarter, the profit indicator of Huawei Technologies Co. showed more than a twofold increase.
Citi Uses Generative AI to Read New Capital Rules
Citigroup intends to provide more than 40,000 of its programmers with access to generative artificial intelligence amid Wall Street’s growing interest in advanced technology that is projected to surpass human mental abilities in the foreseeable future.
OpenAI Forms New Team to Reduce Risk From Future AI
OpenAI has started forming a new team of specialists who will be engaged in activities aimed at reducing to a minimum the degree of risks associated with the spread and integration of artificial intelligence into different spheres of life.
TSMC Founder Says About Impact of Tensions Between US and China on Global Chip Industry
Morris Chang, founder of Taiwan Semiconductor Manufacturing Co, one of the world’s largest chip fabricators, said that the current tension in relations between China and the United States is a factor negatively affecting the state of affairs in the sphere of global production of microcircuits, slowing down the processes in this industry.
Expert Says About Futility of US Attempts to Stop Huawei’s Technical Progress
Burn J. Lin, former vice president of Taiwan Semiconductor Manufacturing Co., said that, in his opinion, the United States will not be able to stop the development of Chinese companies, including Semiconductor Manufacturing International Corp. and Huawei Technologies Co., in the sphere of chip production.
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