News - page 83

Fintech & Ecommerce

Wells Fargo Presents New APIs for Commercial Banking Clients

Wells Fargo presented specialized application programming interfaces (APIs) designed for clients of this financial institution who belong to the category of consumers of commercial banking services.

Fintech & Ecommerce

JPMorgan Reportedly Negotiates to Become Apple Credit Card Issuer

The media reports that JPMorgan Chase which is currently the largest financial institution in the banking sector of the United States is in talks with Apple to become the technology giant’s new credit card issuer.

Finance & Economics

JPMorgan Seeks to Expand in Africa and Scandinavia

JPMorgan Chase, the largest bank in the United States, is currently stepping up efforts to expand its business globally, intending to form an enhanced presence outside the domestic market.

Blockchain & Crypto

Institutions Drive Crypto Adoption in South Korea and Hong Kong: Report

Eastern Asia is the sixth largest cryptocurrency economy in the world this year, accounting for 8.9% of global crypto value received between July 2023 and June 2024. South Korea and Hong Kong stand out as the most crypto-active countries in the region, with institutions driving increased adoption.

Blockchain & Crypto

USDC Integrates With Real-Time Payment Systems of Mexico and Brazil

Circle has partnered with leading banks in Mexico and Brazil to integrate its stablecoin, USDC, into the national real-time payment systems of these two countries.

Science & Technology

Microsoft Approves New Share Buyback Program

Microsoft announced that the company’s board of directors has approved a new share buyback program worth up to $60 billion.

Science & Technology

Microsoft and BlackRock to Launch Fund for AI Infrastructure

BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.

Finance & Economics

US Retail Sales Demonstrate Growth

In the United States, an increase in retail sales was recorded in August, which was evidence that one of the main driving forces of the positive dynamic economic system of this country remains in force, despite various difficulties, including inflation that has not been fully overcome and continuing uncertainty about the scenarios of the future.

Science & Technology

Intel Shares Rise Amid Chip Deal With Amazon

Intel’s chip manufacturing business, which has recently faced significant difficulties, received an incentive for growth and development after the announcement of the beginning of interaction with a major customer, which is Amazon.

Finance & Economics

VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund

The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.

Science & Technology

Apple Presents iOS 18

Apple on Monday, September 16, presented a new version of the operating system for the iPhone called iOS 18.

Science & Technology

OpenAI Announces New Independent Board Oversight Committee

OpenAI on Monday, September 16, announced that its Safety and Security Committee, which this company introduced in May during the proceedings in the framework of disputes related to security processes, is being transformed in a structural sense and corporate context into an independent board oversight committee.

Science & Technology

Larry Ellison Becomes World’s Second-Richest Man

On Monday, September 16, the value of Oracle shares continued their growth trajectory, increasing by more than 6%, against which the chairman of this company, which is a software developer and server hardware supplier, Larry Ellison became the second richest person in the world, displacing Amazon founder Jeff Bezos in the appropriate position.

Science & Technology

NAHREP Conference Showcases AI Tools for Real Estate Agents

The National Association for Hispanic Real Estate Professionals (NAHREP) L’Atitude conference illustrated mind-blowing AI use cases for tech-savvy real estate agents.

Fintech & Ecommerce

India Accuses Amazon and Flipkart in Violation of Competition Laws

The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.

Science & Technology

World Labs Gets Investments to Develop Spatially Intelligent AI

World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.