News - page 91

Science & Technology

Futurist Says About Exaggerated Fears of Humanlike AI

Theoretical physicist Michio Kaku believes that the concern of many people about the prospects for the development of artificial intelligence and the consequences of the implementation of this process is excessive and reflect fears that have no rational justification.

Fintech & Ecommerce

Lender Better.com Plans SPAC Listing in August

Digital Mortgage Lender Better.com plans to become a public company by the end of August.

Blockchain & Crypto

PayPal Launches New Crypto Feature: Select Users Are Soon to Test Cryptocurrencies Hub

To be eligible for the new Cryptocurrencies Hub, a PayPal user must have “a personal PayPal account and a Balance Account in good standing”

Finance & Economics

British High Commission in Fiji Form Partnership to Deliver Climate Finance Projects

The UK Government announced that the British High Commission (BHC) in Suva, Fiji, has established a partnership system under which climate finance projects will be implemented in the Pacific island States.

Science & Technology

US Government Gives Green Light to First National Direct Air Capture (DAC) Projects

The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program

Blockchain & Crypto

Researchers Develop AI System to Track Crypto Giveaway Scams

The AI system discovered over 95K scam lists between June 2022 and June 2023 that were created from 87,617 accounts on the X (former Twitter) social network

Blockchain & Crypto

SEC Delays Its Verdict on Spot Bitcoin ETF

The US securities regulator extended the decision deadline on a joint spot bitcoin ETF application from ARK/21Shares and sought public comment

Fintech & Ecommerce

FinMont to Partner With Chargebacks911

The global payment organization platform FinMont announced the beginning of cooperation with the company for the management of chargebacks Chargebacks911.

Finance & Economics

UK Economy Demonstrates Growth

According to the results of the second quarter of this year, the UK economy showed slight growth.

Fintech & Ecommerce

Cartwheel Integrates With Toast Partner Ecosystem

Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.

Fintech & Ecommerce

LuLu Group Raises $2.72 Billion

LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).

Blockchain & Crypto

Crypto Company Circle to Expand Its Product Line

The Circle Internet Financial crypto company hopes that its $1 billion cash reserve will allow it to withstand the process of competition from so-called non-crypto firms like PayPal Holdings.

Fintech & Ecommerce

Marketplace Instacart Expands SNAP Payment Acceptance

Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.

Fintech & Ecommerce

Serve Robotics Raises $30 Million

The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.

Fintech & Ecommerce

Moove Raises $76 Million to Transform Financial Services for Mobile Gig Workers

The funding round led by Mubadala and BlackRock brought African-born, global mobility fintech Moove $76M to accelerate its expansion

Blockchain & Crypto

Argentinian Regulator Investigates Worldcoin

The Agency for Access to Public Information in Argentina adds to the list of government bodies globally investigating Worldcoin over privacy concerns