News - page 85

Klarna Expands In-Store Presence With Clover
Fintech & Ecommerce

Klarna Expands In-Store Presence With Clover

Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.

South Korea Announces Over $23 Billion for Chip Sector
Science & Technology

South Korea Announces Over $23 Billion for Chip Sector

South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.

US Announces Probe Into Electronics Imports
Finance & Economics

US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

Rare Earths Become China’s Weapon in Trade War
Finance & Economics

Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

Huawei Launches New AI Architecture
Science & Technology

Huawei Launches New AI Architecture

Huawei Technologies has launched a new artificial intelligence infrastructure architecture, which, according to the Asian country’s media, will compete with Nvidia’s offerings in addressing computing power bottlenecks.

Meta to Train Its AI on Public Social Media Content
Science & Technology

Meta to Train Its AI on Public Social Media Content

Meta has received approval from the European regulator to train its artificial intelligence (AI) models on publicly available social media content.

PayPal & TerraPay To Power Real-Time Cross-Border Payments Across MENA
Fintech & Ecommerce

PayPal & TerraPay To Power Real-Time Cross-Border Payments Across MENA

Together, PayPal and TerraPay aim to make cross-border transactions across the Middle East and Africa faster, easier to use and more accessible.

Nvidia Plans to Manufacture Some AI Chips in US
Science & Technology

Nvidia Plans to Manufacture Some AI Chips in US

Nvidia on Monday, April 14, announced that it has commissioned more than a million square feet of production space to build and test artificial intelligence chips in Arizona and Texas.

Chinese Exports Show Growth
Finance & Economics

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

US Bank Introduces Business-Focused Checking and Spend Management Tools
Fintech & Ecommerce

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

Mantra CEO Denies Insider OM Token Dump
Blockchain & Crypto

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

Michael Saylor’s Strategy Buys $285 Million Bitcoin
Blockchain & Crypto

Michael Saylor’s Strategy Buys $285 Million Bitcoin

Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.

IEA Confirms Energy Use Surge to Meet AI Needs
Science & Technology

IEA Confirms Energy Use Surge to Meet AI Needs

Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.

Binance Reportedly Seeks to Curb US Oversight
Blockchain & Crypto

Binance Reportedly Seeks to Curb US Oversight

The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.

Kraken Launches Commission-Free Trading
Blockchain & Crypto

Kraken Launches Commission-Free Trading

Kraken, one of the longest-standing and most secure cryptocurrency platforms, on Monday, April 14, announced the initial launch of commission-free trading of more than 11,000 US-listed stocks and ETFs to clients in Wyoming, Oklahoma, New Jersey, Connecticut, Iowa, Idaho, Kentucky, Alabama, Rhode Island and the District of Columbia.

BNY’s Profit Increases
Finance & Economics

BNY’s Profit Increases

Bank of New York Mellon Corp. has published data on its earnings for the first quarter of 2025, which showed growth.