Capital One to Acquire Discover Financial Services
Capital One has announced the acquisition of Discover Financial Services.
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Airlines to Scan People’s Faces Instead of IDs
Experts believe that in the foreseeable future, the practice may become a reality, in which aircraft passengers will show their faces during boarding instead of presenting an identity card.
U.S. Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
U.S. Bank on Thursday, February 15, reported that over the past few months, more than 200 of its clients have received approval to get personal loans using technology and a credit intelligence network, which was enabled as part of the implementation of the partnership between this financial institution and Pagaya Technologies.
OpenAI Launches Text-to-Video Model
OpenAI, which became world-famous after launching its artificial intelligence-based chatbot called ChatGPT, presented a new Sora product.
UK Falls Into Recession
The recession has become an economic reality in the United Kingdom, as evidenced by official data published by the Office for National Statistics (ONS) on Thursday, February 15.
Lyft Reports Q4 2023 Earnings
Last Tuesday, February 13, Lyft’s share price showed growth in extended trading but then began to move along a downward trajectory after the company’s CFO reported an error in the brand’s earnings release.
UK Inflation Holds at 4%
In the United Kingdom, inflation remained at 4% in January, demonstrating what corresponds to such a concept as stability.
Ripple Acquires Digital Asset Platform
The blockchain and crypto company Ripple will become the owner of the regulated platform for digital assets Standard Custody & Trust Co.
OpenAI CEO Reportedly Pitches $7 Trillion AI Funding Project
The media reports that Sam Altman, CEO of OpenAI, is currently pitching an artificial intelligence project to investors, the cost of which is several trillion dollars.
Taiwan Expects AI Investments of $7.3 Billion in 2024
Taiwan, which has become a global technology giant in recent years, expects that the volume of investments in the local artificial intelligence industry in the current year will amount to $7.3 billion, as the manufacturing industry of this country develops in the context of a global trend, demonstrating an increase in exports as part of […]
Japan Earmarks $300 Million to Fire Up Chip Research
Japan intends to allocate up to 45 billion yen ($300 million) in funding to support a research group that develops advanced chip manufacturing technologies.
DoorDash to Collaborate With Ahold Delhaize
DoorDash has signed a cooperation agreement with the Ahold Delhaize grocery group.
Harm from Ransomware Hackers Demonstrates Growth
Last year, ransomware stole more than $1 billion in virtual space.
Snap Reports Earnings
On Wednesday, February 7, Snap’s share price showed a 30% drop in morning trading.
SoftBank Poises for Best Quarter in Years
After a period of setbacks, when prospects are shrouded in fog or completely disappear into impenetrable darkness, Masayoshi Son seems to have received a reason for positive news about the activities of the SoftBank Group Corp. headed by him, which is that this business structure plunged into one of the best quarters in recent years […]
SMIC’s Profit Exceeds Estimates
The quarterly profit of Semiconductor Manufacturing International Corp. (SMIC) exceeded preliminary expectations.
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