The Chinese authorities are once again taking moves that can be described as measures within the framework of the concept of unfriendly attitude towards business, having launched an investigation into the activities of Taiwan-based Foxconn Technology Group, one of Apple’s main partners and one of the largest employers in this country.
Reportedly, the tech giant Apple aims to integrate generative artificial intelligence (AI) across its whole product line, spending about $1 billion per year on the technology upgrade.
Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.
Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.
Insurance marketplace Lloyd’s of London reported that in the event of a large-scale cyberattack on the systemic payment system, the global economy may face a consequence in the form of damage for $3.5 trillion.
The crypto exchange signed agreements with a number of new regulated and authorized fiat partners after losing its previous partner PaySafe in September.
The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.
Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.
China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.
Metropolitan Commercial Bank (MCB) announced its agreement to pay a fine of $15 million after the completion of an investigation conducted by the New York State Department of Financial Services (DFS).
WhatsApp has announced the launch of a new feature that will give users of this app the ability to log in to multiple accounts at the same time.
The e-commerce giant Amazon and Microsoft, one of the leaders of the global technology sector, reported on cooperation to ensure a high level of consumer protection from fraudulent methods involving the actions of an attacker on behalf of another person or any organization on an illegal basis.
The SEC previously accused Ripple co-founder Christian Larsen and Chief Executive Officer Bradley Garlinghouse of misleading investors on a $1B XRP sale.
Record cash infusion can help rates in China to remain low, motivating lenders to support a higher issuance of government bonds and make more loans to clients.
Stripe Checkout solution can now be embedded into any website, facilitating the online shopping process for both end customers and merchants.
With the new integration of Send and Cross-Border Services by Mastercard, the Remitly platform will offer its customers more choices in remittance methods.
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