Intuit Shuts Mint Down, Users to Migrate to Credit Carma
Budgeting app Mint by Intuit will come to an end along with the 2023 year. All the app users are asked to migrate to Intuit’s other solution – Credit Karma.
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Bank of England Official Says Technology Increases Risk of Bankruptcy
The use of technology in the banking sector increases the risk of bankruptcy of financial institutions, which is why regulators should take measures to ensure that maintain adequate liquidity insurance by lenders.
Apple Warns of Sluggish Holiday Quarter in China
Apple, which has already faced the problem of slowing down the growth of its business in China, warned that by the end of the fourth quarter of this year, the revenue of the company will be approximately the same as from the same period in 2022.
French Finance Minister Says Nvidia’s AI Dominance Stifles Competition
French Finance Minister Bruno Le Maire said that the dominance of the American company Nvidia in the sphere of artificial intelligence, which shows a trend of steady growth, negatively affects the situation in the industry from the point of view of competition.
China Plans to Build Advanced Humanoid Robots
China intends to make a breakthrough in the science fiction industry by creating humanoid robots.
AllianzGI Taiwan Predicts Growth of Chipmakers’ Earnings
There is a possibility that the Taiwanese stock indices will begin to show a positive dynamic of recovery next year, despite the unfavorable state of affairs in the geopolitical space and concerns related to the possible aggravation of the situation in this environment.
Confidence in India’s Economy Grows
The economy of India has become an example when a bulky system with at the same time impressive power begins to move extremely slowly, but after the process of its development is launched, it cannot be ignored.
Elon Musk Characterizes AI as One of Most Disruptive Forces in History
Elon Musk, during a conversation with British Prime Minister Rishi Sunak at the first artificial intelligence security summit, described AI as one of the most destructive forces in history.
AI Doomers Take Center Stage at AI Summit
The beginning of the world’s first artificial intelligence security summit, which is taking place in the UK, was marked by a fierce debate on what measures and scope of action should be applied as part of efforts to prevent and minimize existential risks associated with AI.
UK, US, EU and China Sign Declaration of AI’s Danger
The United Kingdom, the United States, the EU, Australia, and China agreed with the opinion that the process of active use of artificial intelligence and its integration into various industries at some point may begin to be realized according to a negative scenario that contains an existential threat to the life of human civilization.
UK to Invest in AI Supercomputer
The UK government Wednesday, November 1, announced its intention to invest funds in the amount of 225 million pounds ($273 million) in a supercomputer with artificial intelligence.
Airbnb CEO Says About Potential of Gen AI
Airbnb, an online platform for hosting and searching for short-term rental of private housing around the world, considers artificial intelligence as a force that can transform the tourism industry.
Apple Hits Record Smartphone Shipments in India
Apple has conquered an important peak in its activities in the Indian smartphone market, ensuring record volumes of shipments of relevant devices to this South Asian country in the third quarter of 2023.
Shopify to Use AI to Give Merchants Competitive Advantage
Shopify, one of the main providers of software and services for sellers who carry out their activities in the virtual space, considers artificial intelligence as a tool for providing competitive advantages to those who interact with this company.
MicroStrategy Acquires $5.3 Million More Bitcoin
Chairman and founder of MicroStrategy Michael Saylor, announced the company acquired an additional 155 bitcoin for $5.3 million, bringing its total bitcoin holdings to 158,400 BTC. Just over a month prior, the company had purchased 5,445 bitcoins for $147.3 million, positioning itself for significant gains as the price of bitcoin surged in October, reaching $35,000 […]
PayPal UK Approved to Offer Crypto Services
PayPal UK Limited has received approval from the UK Financial Conduct Authority (FCA) as a crypto service provider, allowing the company to offer specific cryptocurrency services and advertise them to local clients. The regulatory clearance signifies that PayPal can engage in “certain crypto asset activities” and communicate about its crypto-related offerings in compliance with the […]
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