Amazon Uses Legal Action and Other Methods to Combat Fake Reviews
Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.
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Adobe Rolls Out New AI Model to Generate Video
Adobe has presented an artificial intelligence model that can use text prompts to generate videos.
Citigroup Reports Earnings
Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.
Walgreens Closes 1,200 stores
Walgreens is closing about 1,200 locations, which is a decision made against the background of circumstances such as the competition of this pharmacy chain with similar virtual platforms and a decrease in payment for prescription drugs.
Goldman Sachs Earnings Exceed Forecasts
Goldman Sachs has published data on the financial results of its activity in the third quarter of the current year, according to which the revenue and profit of this bank with headquarters in New York City for the mentioned period exceeded preliminary expectations for the corresponding dynamic.
AI-Powered Robotics Startup Perceptyne Gets $3 Million Funding to Promote Electronic Manufacturing in India
Indian startup Perceptyne secured $3 million in seed funding round led by Endiya Partners and Yali Capital.
Google to Leverage Nuclear Power for AI Development
Global tech leader Google partnered with US-based nuclear energy company Kairos Power to purchase atomic energy from its multiple small modular reactors (SMR) and support the development of AI technologies.
Goldman Sachs Upgrades China’s GDP Forecast
Experts at Goldman Sachs Group Inc. have revised their forecasts for China’s economic growth prospects in the current year and 2025.
Nvidia’s Market Cap Tops $3.4 Trillion
On Monday, October 14, Nvidia shares closed at a record high as Wall Street is currently preparing for earnings season.
China Exports Growth Demonstrates Slowdown
In China, an unexpected slowdown in export growth was recorded in September.
China to Increase Spending to Revive Economic Growth
China will significantly increase the issuance of government debt obligations to offer subsidies to people with low income, support the real estate market, which has recently been in a crisis condition, and replenish the capital of state-owned banks.
OpenAI’s Nonprofit Structure Demonstrates Probability of Transformation
OpenAI, one of the main players in the global artificial intelligence industry and the developer of the world’s most popular chatbot called ChatGPT, is likely to face costly and inconvenient reckoning due to its nonprofit origin, even though the startup’s valuation has reached the $157 billion mark.
UK Economy Returns to Growth
In the United Kingdom, the local economic system has returned to a growth trajectory, which put UK Prime Minister Keir Starmer on track for a modest recovery before worries about his first budget became a factor of pressure on sentiment.
Uniswap Launches Layer 2 Blockchain
Uniswap’s new layer-2 blockchain is called Unichain and is part of the Optimism Superchain, a network of interoperable layer-2 scaling solutions.
UPI Transactions Surge 52%
Unified Payments Interface (UPI) transactions in India grew by 52% year-on-year, reaching 78.97 billion in the first half of 2024.
US Consumer Sentiment Declines
In the United States, consumer sentiment has been deteriorating in the current month, as residents of the country continue to be frustrated with the high level of prices for goods and services.
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