Explained - page 29

Salesforce to Acquire Tenyx
Science & Technology

Salesforce to Acquire Tenyx

Salesforce, an enterprise cloud company, announced on Tuesday, September 3, that it has agreed to acquire Tenyx, a developer of voice agents based on artificial intelligence technologies.

Thailand Adds Cash Payments to Digital Wallet Plan
Fintech & Ecommerce

Thailand Adds Cash Payments to Digital Wallet Plan

In Thailand, the local digital wallet plan suddenly faced a transformation that reduced what could be called the virtual component of the content of the relevant strategy.

Brazil Tries to Calm Investors
Finance & Economics

Brazil Tries to Calm Investors

In Brazil, the local economic team is going into damage control mode to reassure investors and ensure that the country’s government is complying with fiscal rules, even as President Luiz Inacio Lula da Silva is pushing for a decision to increase social spending.

PDD Holdings Reportedly Accumulates $38 Billion Cash Stockpile
Fintech & Ecommerce

PDD Holdings Reportedly Accumulates $38 Billion Cash Stockpile

The media reports that PDD Holdings, which ownership structure includes Temu, a company operating in the e-commerce area, is currently sitting at $38 billion in cash.

Eurostat Reports Inflation Decline
Finance & Economics

Eurostat Reports Inflation Decline

Inflation in the Eurozone fell to 2.2% in August.

Dell Shares Rise Amid Positive Earnings Report
Science & Technology

Dell Shares Rise Amid Positive Earnings Report

Last Thursday, August 29, Dell published information on the financial results of its operations in the second quarter of fiscal year 2025, which turned out to be more optimistic compared to the content of the preliminary forecasts of Wall Street analysts and became evidence of the company’s upward dynamic business related to servers.

Intel Rises Due to Investor Enthusiasm
Science & Technology

Intel Rises Due to Investor Enthusiasm

Intel shares are currently on a growth trajectory.

German Inflation Slows
Finance & Economics

German Inflation Slows

In August, Germany recorded a slowdown in the inflation process to the target level of the European Central Bank (ECB).

Nvidia Exceeds Earnings Expectations
Science & Technology

Nvidia Exceeds Earnings Expectations

Nvidia, last Wednesday, August 28, released earnings data for the last fiscal quarter, which testified that the financial performance of this company, which has become one of the main beneficiaries of the so-called artificial intelligence boom, once again exceeded the expectations of Wall Street analysts regarding the brand’s commercial results.

G Squared Reportedly Raises $1.1 Billion
Finance & Economics

G Squared Reportedly Raises $1.1 Billion

Media reported that venture capital group G Squared raised $1.1 billion in investment funds.

Coupa Adds AI Tools to Spend Management Platform
Fintech & Ecommerce

Coupa Adds AI Tools to Spend Management Platform

Coupa, specializing in spending management activities, announced that more than 100 innovative solutions based on artificial intelligence have been added to its platform.

Germany’s Business Outlook Remains Low
Finance & Economics

Germany’s Business Outlook Remains Low

Germany’s business outlook continues to be at a low level, currently being minimal since February.

Walmart Sells JD.com Shares
Fintech & Ecommerce

Walmart Sells JD.com Shares

Walmart has sold its entire stake in Chinese e-commerce giant JD.com.

Microsoft to Release Windows Recall AI Search Feature in October
Science & Technology

Microsoft to Release Windows Recall AI Search Feature in October

Microsoft on Wednesday, August 21, announced that in October it will release a controversial Recall search function using artificial intelligence.

OpenAI Rolls Out Fine-Tuning Feature for GPT-4o
Science & Technology

OpenAI Rolls Out Fine-Tuning Feature for GPT-4o

OpenAI launched fine-tuning for GPT-4o and stated that as a result of using this new feature, developers will be able to increase the level of performance and improve such an aspect of their apps as accuracy.

Technology Giants Boost Hong Kong Stocks
Finance & Economics

Technology Giants Boost Hong Kong Stocks

Hong Kong stock indexes on Monday, August 19, showed growth against the background of the rising value of shares of technology companies.