Energy Tech Startup Greenely Grabs €8 Million
Swedish-based startup Greenely is closing an €8 million (about $8.7 million) Series A funding round.
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Digital Marketing Startup Plaiced Acquires Precursor Ventures-Backed Clutch
The Plaiced online social network has acquired the Clutch marketplace, which provides digital marketing services to consumers.
IBM Reports Q2 Earnings
IBM last Wednesday, July 23, published information on its financial results for the second quarter of the current year, which exceeded analysts’ preliminary expectations.
Chinese Provinces Step Up to Entice Business
Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]
Wiz Reportedly Rejects Google Deal
Media reports that the startup Wiz, which specializes in developing solutions in the area of cloud security, rejected Google’s offer to buy this firm for $23 billion.
Fed’s John Williams Says About Prospects of Changes in Monetary Policy
Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.
China to Intensify Support for Equipment Upgrades
Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.
UK Wage Growth Demonstrates Slowdown
A slowdown in the rate of wage growth was recorded in the United Kingdom.
Xi Jinping to Unveil Vision for Chinese Economy
The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.
Anthropic and Menlo Ventures Partner on AI Fund
Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of artificial intelligence.
ASML Shares Fall Amid Risk of More US Export Curbs
The value of ASML Holding NV shares was on a downward trajectory amid the prospect of tightening restrictions from the United States on the business of this Dutch company in the Chinese market.
AI and Discounts Help Smartphone Market to Grow
In the second quarter of this year, the global smartphone market recorded an increase in sales figures.
Google Reportedly Considers Purchase of Cybersecurity Startup Wiz
Media reports indicate that Google is currently in talks about a potential acquisition of Wiz, a startup operating in the cybersecurity area.
China’s Economy Continues to Grow
The Chinese economy in the second quarter of the current year showed growth, the pace of which was lower than the dynamic expected by experts.
US Producer Prices Demonstrate Growth
In the United States in June, producer prices demonstrated the dynamic of growth, which turned out to be higher than preliminary forecasts regarding the rate of movement of the corresponding indicator along an upward trajectory.
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