News - page 79

Science & Technology

EU Names Six Tech Giants to Comply With DMA

The EU regulators have come up with a list of so-called gatekeepers with enough market power to report their core platform services to the European Commission under the Digital Markets Act (DMA)

Finance & Economics

Nubank Launches Personal Loans in Mexico

Latin American fintech bank Nubank has announced the launch of a consumer lending program for its customers in Mexico.

Finance & Economics

Venture Investor 500 Global Raises $143 Million

One of the most active early-stage venture investors in Southeast Asia, 500 Global, announced that he managed to raise funds in the amount of $143 million, which will be used to increase the volume of investments in the mentioned region.

Science & Technology

TikTok Opens Its First European Data Centre

TikTok has opened its first European data center, which is based in Dublin.

Society & Lifestyle

Google Tentatively Settles Play Store Antitrust Suit

Alphabet has tentatively settled claims that Google Play is involved in the practice of abusing its powers to control mobile apps designed for devices running on the Android operating system.

Science & Technology

Baidu to Benefit by Launch Ernie Bot

Leading Chinese Internet search provider Baidu may benefit significantly from the earlier-than-expected launch of an AI-based chatbot Ernie, which is similar to OpenAI’s ChatGPT.

Fintech & Ecommerce

FTC Reportedly to Sue Amazon

The media reported that the US Federal Trade Commission (FTC) is likely to sue Amazon in the near future.

Blockchain & Crypto

Coinbase Offers Crypto Lending to US Institutional Investors

Coinbase’s institutional-grade crypto lending platform, Coinbase Prime, is now reportedly available to US-based investors

Fintech & Ecommerce

Google Wallet Launches in Colombia

Colombia was added to the list of 70 countries where Google Wallet can be used to make contactless in-store payments

Fintech & Ecommerce

Interac Mobile Payments Surge Over 50% in Canadian Stores

One of Canada’s major payment providers, Interac, has seen a significant surge in transaction volumes for contactless in-store mobile payments

Fintech & Ecommerce

Travelex Launches Multi-Currency Travel Money Card in Japan

A foreign exchange company Travelex has introduced its prepaid foreign multi-currency card, accepted in more than 210 counties and regions worldwide, to the Asian market of Japan

Science & Technology

Goldman Sachs Says About Strong Fundamentals of Early Winners in AI

Goldman Sachs Group strategists said that the first winners in the area of artificial intelligence have strong fundamental positions and are characterized by less extreme valuations compared to stocks in previous periods of abundance.

Society & Lifestyle

Elon Musk Blames Anti-Defamation League for X’s US Ad Revenue Slump

The owner of the social network X, formerly known as Twitter, Elon Musk has announced that he may sue the Anti-Defamation League (ADL) for defamation.

Finance & Economics

Barclays Reportedly Considers Selling of Stake in Its Merchant-Acquiring Business

Barclays Plc is currently exploring the prospects of implementing a potentially possible decision to sell a stake in its merchant-acquiring business in the United Kingdom.

Finance & Economics

Alibaba Cloud Eyes Private Round to Raise Funds from Chinese State-Owned Enterprises

The media, citing knowledgeable persons, reported that the cloud unit of Alibaba Group Holding is currently exploring the possibility of conducting a private round of financing to raise funds from Chinese state-owned enterprises.

Society & Lifestyle

Big Tech Braces for European Union’s Clampdown on Anti-Competitive Practices

Big technology companies are preparing for the largest and most significant tightening clampdown on anti-competitive practices in the history of the European Union.