News - page 99

Fintech & Ecommerce

Amazon Offers Up Marketplace Rule Change to Solve UK Antitrust Issues

Amazon agreed to the proposal to change the mechanism for processing information about competitors’ sales and introduce the practice of equal interaction with all sellers operating on the virtual platform of the e-commerce giant in the UK.

Finance & Economics

PacWest to Merge With Banc of California

PacWest Bancorp plans to implement a merger deal with Banc of California.

Finance & Economics

Banco Santander Earnings Beat Estimates

The revenues of Banco Santander SA in the second quarter of this year exceeded the initial forecasts regarding this result of the bank’s activities.

Finance & Economics

Deutsche Bank AG Survives Slowdown in Trading Well

Deutsche Bank AG was able to survive a period of slowing trading, demonstrating a result that largely exceeded analysts’ expectations about the lender’s ability to cope with these adverse circumstances.

Finance & Economics

NatWest CEO Steps Down

The chief executive officer of NatWest Group Plc, Alison Rose, is resigning amid a scandal related to the fact that this financial institution closed the account of Nigel Farage, a politician-turned-pundit.

Society & Lifestyle

Spotify Raises Its Premium Subscription Price

Streaming service Spotify has announced an increase in the cost of an individual tariff plan without advertising, to which 200 million people have subscribed.

Science & Technology

TikTok Adds Text Posts

TikTok announced the introduction of a new functional solution on its virtual platform, as a result of what users will be able to post text materials containing only words and nothing else.

Finance & Economics

Federal Reserve Fines UBS

The Federal Reserve System last Monday, July 24, announced the application of sanctions in the form of fines against UBS due to the practice of committing misconduct by Credit Suisse in risk management of Archegos Capital Management, an investment fund that declared bankruptcy in 2021.

Science & Technology

Apple Opens Applications for Vision Pro Developer Kit

Apple has decided to open applications for the Vision Pro developer kit.

Society & Lifestyle

Netflix Launches New Tool

A new tool has appeared on the online platform of the streaming service Netflix, which is designed to search for content.

Finance & Economics

SoftBank and Symbiotic Collaborate to Offer Automated Warehouses

SoftBank Group last Monday, July 24, announced the creation of a joint venture with Symbotic, which was named GreenBox Systems LLC.

Blockchain & Crypto

Worldcoin Surges and Falls Again as Major Crypto Exchanges List the New Token

On the second day of trading, Sam Altman’s new iris-scanning crypto token stands at $2.02: which leading crypto exchanges have listed the token?

Fintech & Ecommerce

Bunq Sees Record Funding Year With Fresh €44.5M Investment

Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M

Science & Technology

Apple Aspires to Keep iPhone Shipments Steady

Apple has asked suppliers to produce about 85 million iPhone 15 units this year, which roughly corresponds to the volumes recorded by the end of 2022.

Science & Technology

Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing

The government of German Chancellor Olaf Scholz, according to media reports, intends to provide financing for 20 billion euros for the development of semiconductor production in this country.

Blockchain & Crypto

Crypto Startup Worldcoin Starts Global Rollout of Its Services

Worldcoin, Sam Altman’s crypto startup, which applies the practice of scanning eyeballs, announced the beginning of the process of global implementation of its services.