Explained - page 23

Science & Technology

India Seeks to Be Global Chip Powerhouse

Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.

Science & Technology

Adobe Faces Its Biggest Downturn in More Than 20 Years

On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.

News

US Wants to Help Philippines Double Its Semiconductor Facilities

US Commerce Secretary Gina Raimondo on Tuesday, March 12, during a speech at a business forum in Manila, said that Washington wants to help the Philippines double its chip-making production capacity.

Society & Lifestyle

Airbnb Bans Indoor Security Cameras

The short-term rental housing platform Airbnb on Monday, March 11, announced that it prohibits the use of indoor security cameras on premises around the world.

Finance & Economics

Gold Prices Demonstrate Prospects for Continued Growth

In the foreseeable future, the record growth in gold prices may continue, as investors expect that shortly central banks will begin to implement monetary easing policies, within which interest rates will be lowered.

Science & Technology

China to Establish $27 Billion Chip Fund

China is currently on its way to establishing the largest chip fund, which will become a kind of organization designed to counter the restrictions from the United States in the sphere of access to advanced microcircuits.

Fintech & Ecommerce

MoneyLion Adds AI to Personal Financial Management Platform

MoneyLion has added a premium membership offer and an artificial intelligence-based search feature to its personal finance management platform.

News

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Co. (TSMC) recorded revenue growth in the first two months of the current year.

News

China’s Exports Exceed Forecasts

In China, export and import figures for January and February exceeded preliminary expectations, which is evidence of the intensification in the sphere of world trade and at the same time a signal of positive prospects for Asian country politicians in the context of their efforts to improve the situation associated with the slowdown in the […]

News

Fyle Rolls Out Conversational AI

Fyle has launched a conversational artificial intelligence platform through which employees can send expense receipts and related details in text message format.

Science & Technology

AMD Reportedly Hits Roadblock for China-Tailored Chip

Advanced Micro Devices (AMD) is currently striving to overcome the trade barriers that have been created by the United States around China.

Finance & Economics

Shares of NYCB Demonstrate Decline

The share price of New York Community Bank (NYCB) last Monday, March 4, showed a drop of 23%.

News

China Sets Economic Growth Target

The Chinese authorities have set a target for the growth of the country’s economic system for 2024.

Finance & Economics

BIS Says About Success of Central Banks in Inflation Fight

The Bank for International Settlements (BIS) on Monday, March 4, said that financial regulators in many countries of the world are on the verge of victory in the struggle to resume control over the surge in inflation, which has become excessive and is transforming into a kind of autonomous trend.

Finance & Economics

China’s Middle-Income Population Reportedly Hits 500 Million Mark

At the end of last week, Chinese state media published information according to which the number of citizens whose income is at a middle level in this country amounted to more than 500 million people.

News

Jeremy Hunt Announces New UK Manufacturing Funding

Chancellor of the Exchequer of the United Kingdom Jeremy Hunt on Monday, March 4, announced new funding designed to support the UK manufacturing sector.