Revolut Tops $1 Billion in Profit
Revolut, a United Kingdom-based fintech company, announced on Thursday, April 24, that its annual profit exceeded the $1 billion mark for the first time.
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FBI Says Cybercrime Costs Increase
Last year, cybercrime of all kinds caused more than $16 billion in total damage to victims around the world, according to data published on Wednesday, April 23, in a report from the United States Federal Bureau of Investigation (FBI).
CompoSecure Launches Wallet Integration With MoneyGram
CompoSecure, a payment card and security solutions provider, has announced the integration of its Arculus Cold Storage Wallet with MoneyGram Access.
Gold Surges to New Record High
The price of gold on Tuesday, April 22, reached a new record high amid scaling and increasing concerns related to the intention of the President of the United States Donald Trump to oust Federal Reserve Chairman Jerome Powell.
Netflix Reports Earnings
Netflix has released information about its earnings for the first quarter of 2025.
SoFi Adds Funds in Commitments to Loan Platform Business
SoFi secured agreements worth $3.2 billion for expansion to its Loan Platform Business.
KeyCorp’s Commercial Payments Business Demonstrates Growth
KeyCorp released data on its earnings, which showed growth in deposits, while the bank’s management pointed to the momentum in payments, including commercial transactions of the relevant category, which should prove resilient even amid macroeconomic difficulties related to the tariff-driven trade war.
Nvidia CEO Visits Beijing
Nvidia Corp. chief executive officer Jensen Huang arrived in Beijing after the administration of United States President Donald Trump barred the company from the sale of the H20 artificial intelligence chip to China.
TSMC Reports Earnings
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.
ValidiFI Offers Authoritative Bank Account Verification Tool
Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.
Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude
The media published information according to which Anthropic plans to add voice capabilities to its artificial intelligence assistant Claude.
Global Tech Stocks Decrease
On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]
South Korea Announces Over $23 Billion for Chip Sector
South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.
US Announces Probe Into Electronics Imports
The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.
Rare Earths Become China’s Weapon in Trade War
China may start using rare earths as a weapon in a new trade war with the United States.
Chinese Exports Show Growth
In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.
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