News - page 92

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

Fintech & Ecommerce

RBI Introduces Conversational Payments With AI Involved

The Reserve Bank of India is using innovative fintech developments to strengthen the country’s UPI payment system with AI-powered “conversational” payments

Blockchain & Crypto

Ukraine Drafts Digital Artefact Legislation

Digital artefacts and related content are to become new objects of civil rights in Ukraine, opening up new legal ways of money-making for Ukrainians

Fintech & Ecommerce

Amazon’s Robot Workers to Manage Warehouse in Australia

The Australian branch of Amazon plans to move to the largest warehouse in this country.

Science & Technology

USA to Restrict Investments in Chinese Technology Sector

The administration of US President Joe Biden last Wednesday, August 9, announced its intention to introduce restrictive measures concerning the investment of American venture capital, private companies, and joint ventures in the Chinese technology sector.

Science & Technology

Anthropic Launches New Version of Its LLM

Anthropic, an artificial intelligence startup co-founded by former OpenAI executives, has released a new version of its accelerated and cheaper text generation model, available via API Claude Instant.

Finance & Economics

American Banks Lose Nearly $19 Billion in Loans

In the United States, banks in the second quarter of this year reported losses on loans of almost $19 billion.

Science & Technology

Amazon Reportedly to Invest in Chipmaker Arm’s Initial Public Offering

The media reported that Amazon is currently negotiating to invest in the initial public offering (IPO) of the chip manufacturer Arm.

Fintech & Ecommerce

John Lewis Launches Google Cloud Partnership

The British company John Lewis announced the beginning of cooperation with Google Cloud.