News - page 8

Science & Technology

Amazon Discontinues Security Robot Astro for Business

Amazon is discontinuing its Astro security robot configuration, which is designed for use in the small and medium-sized business sector.

Science & Technology

Foxconn to Invest $551 Million in Vietnam

Foxconn, Apple’s Taiwan-based supplier, plans to invest about $551 million in two new projects in Vietnam’s northern coastal province of Quang Ninh.

Science & Technology

Threads Gains 175 Million Users

The monthly active user base of the Threads social media platform, which is part of the ownership structure of the Meta technology giant, has exceeded 175 million people.

Science & Technology

Apple Reportedly Gets Observer Seat on OpenAI Board

The media reported that Apple will take an observer position on the board of directors of OpenAI.

Science & Technology

China Leads Generative AI Patents Race

China has significantly outperformed other countries in the area of inventions using artificial intelligence, including such as chatbots.

Finance & Economics

Calastone Says UK Investors Buy $14.5 Billion of Stocks This Year

Data from the Calastone fund network shows that in the United Kingdom, investors added a record 11.4 billion pounds ($14.5 billion) to private equity funds in the first six months of the current year.

Finance & Economics

Jerome Powell Says About Bit of Progress on Inflation

On Tuesday, July 2, Federal Reserve Chairman Jerome Powell expressed his satisfaction with Washington’s progress to date in implementing efforts to counter inflation over the past year.

Finance & Economics

Euro-Area Inflation Eases to 2.5%

On Tuesday, July 2, the statistical agency of the European Union released information according to which headline inflation in the eurozone fell to 2.5% last month.

Finance & Economics

China Faces Risks Amid Bond Market Bubble

Currently, there is a tendency in China, in which money flows rush into government bonds, the consequences of which are circumstances such as a sharp increase in the price index of these emission securities and a simultaneous drop in their yields to a level corresponding to a record low.

Fintech & Ecommerce

MultiSafepay Integrates With Antom by Ant International

As a wholly-owned subsidiary of Ant International, MultiSafepay will integrate with Antom to promote accessible payment solutions and digitalization services to SMEs across Europe.

Science & Technology

French Antitrust Regulator Reportedly Targets Nvidia

The media reports that charges will be filed in France against the US developer of chips Nvidia for violating antitrust laws.

Fintech & Ecommerce

Revolut CEO Demonstrates Optimism About UK Bank License Approval

The head of Revolut, a financial technology industry giant based in the United Kingdom, Nikolay Storonsky, said he was optimistic about the prospects that this company would receive a banking license from the UK authorities.

Fintech & Ecommerce

Basware Announces Integration With Amazon Business

Basware, a provider of solutions designed for accounts payable automation and procurement, announced integration with Amazon Business.

Fintech & Ecommerce

Physical Cards Drive Passwordless Future

Adam Lowe, chief product and innovation officer at metal premium card issuer CompoSecure, whose digital security platform Arculus streamlines digital authentication processes and secures digital assets while talking to the media, said that the traditional physical card can become a hands-free conduit for seamless trading.

Fintech & Ecommerce

RBI Joins Project Nexus for Seamless Cross-Border Payments

RBI joins BIS cross-border payment initiative Project Nexus to facilitate instantaneous retail payments among ASEAN countries.

Blockchain & Crypto

Circle Achieves MiCA Compliance for USDC and EURC Stablecoins

Circle has become the first stablecoin issuer to receive a French license for USDC and EURC to debut in the Union under one of the world’s most comprehensive regulatory regimes for digital assets – MiCA.