Explained - page 20

Dell Reports Earnings
News

Dell Reports Earnings

Dell Technologies on Tuesday, November 26, released information about its earnings for the third quarter of fiscal year 2025 and a forecast for financial indicators for the next quarter, which turned out to be below Wall Street’s preliminary expectations, despite the optimistic statements of this company regarding the growth of artificial intelligence sales.

Cardless Raises $30 Million
Fintech & Ecommerce

Cardless Raises $30 Million

Cardless raised investments worth $30 million as part of the funding round.

SoftBank Reportedly Seeks to Buy $1.5 Billion OpenAI Shares
Science & Technology

SoftBank Reportedly Seeks to Buy $1.5 Billion OpenAI Shares

The media, citing insiders, reported that SoftBank Group Corp. seeks to increase its stake in OpenAI by acquiring shares worth up to $1.5 billion from employees of this startup.

DoorDash Adds New Chains to Grocery Partner List
News

DoorDash Adds New Chains to Grocery Partner List

DoorDash adds new grocers to the list of supermarket delivery partners.

Orange Partners With OpenAI and Meta
Science & Technology

Orange Partners With OpenAI and Meta

French telecommunications giant Orange announced on Tuesday, November 26, that it is collaborating with OpenAI and Meta to develop custom artificial intelligence models designed to better understand regional African languages.

US Finalizes Chips Manufacturing Award for Intel
News

US Finalizes Chips Manufacturing Award for Intel

On Tuesday, November 26, the US Commerce Department said it was finalizing a $7.86 billion government subsidy for Intel.

WEX Launches AI-Powered Enhancements to Benefits Admin Tool
News

WEX Launches AI-Powered Enhancements to Benefits Admin Tool

Commerce platform WEX has launched new artificial intelligence enhancements to its benefits administration offering.

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border
News

Donald Trump Vows Tariffs on China, Mexico, Canada Over Border

Donald Trump, who won the United States presidential election this month, said he would impose additional tariffs of 10% on goods imported from China and 25% tariffs on products shipped from Mexico and Canada.

UniCredit Offers to Buy Banco BPM
Finance & Economics

UniCredit Offers to Buy Banco BPM

On Monday, November 25, Italian UniCredit announced an unexpected 10 billion euros ($11 billion) bid for domestic peer Banco BPM.

Intuit Adds AI-Powered Financial Assistant to QuickBooks
Fintech & Ecommerce

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

US Business Activity Gauge Demonstrates Growth
Finance & Economics

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

China Announces Policy Measures to Boost Trade
News

China Announces Policy Measures to Boost Trade

The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.

Nvidia Reports Earnings
News

Nvidia Reports Earnings

Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.

Goldman Sachs CEO Sees Robust Capital Markets Next Year
News

Goldman Sachs CEO Sees Robust Capital Markets Next Year

Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.

KPMG Launches AI Partnership With Google Cloud
News

KPMG Launches AI Partnership With Google Cloud

KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years.

BioCatch Launches Financial Crime Intelligence Network
News

BioCatch Launches Financial Crime Intelligence Network

BioCatch, which specializes in developing fraud prevention solutions, announced the launch of what it described as the world’s first interbank network for the sharing of information on financial crimes.