Explained - page 44

China Actively Buys Chip Gear to Beat US Curbs
Science & Technology

China Actively Buys Chip Gear to Beat US Curbs

In 2023, there was a significant increase in the volume of imports of equipment necessary for the production of microcircuits to China.

Dataroid Raises $2 Million
News

Dataroid Raises $2 Million

Dataroid, a major player in the digital analytics and customer engagement industry, has announced that it has managed to raise $2 million in investment funds.

Digital Onboarding Raises $58 Million
Fintech & Ecommerce

Digital Onboarding Raises $58 Million

Digital Onboarding has announced that it has managed to raise funds for $58 million from the investment firm Volition Capital to realize the intention to expand its digital interaction platform for banks and credit unions.

Bank of England Says About Impact of Quantum Computers on Financial Markets
News

Bank of England Says About Impact of Quantum Computers on Financial Markets

According to the vision of the Bank of England, super-powerful quantum computers can become a catalyst for significant innovations in financial markets.

TSMC Announces Delay in Commissioning of Its Second Arizona Factory
Science & Technology

TSMC Announces Delay in Commissioning of Its Second Arizona Factory

Taiwan Semiconductor Manufacturing Co. (TSMC) has announced another delay in commissioning its plant in the US state of Arizona.

Synopsys to Buy Ansys
Science & Technology

Synopsys to Buy Ansys

Synopsys, a developer of chip design software, announced the acquisition of Ansys, a maker of software that is used to create a variety of products, including tennis rackets and airplanes.

Anthropic Reportedly Develops New Feature for Chatbot Claude
Science & Technology

Anthropic Reportedly Develops New Feature for Chatbot Claude

Startup Anthropic, which operates in the sphere of artificial intelligence, is currently working on creating a new feature for its chatbot called Claude.

Chinese Prime Minister Reports on Economic Growth
News

Chinese Prime Minister Reports on Economic Growth

Chinese Premier Li Qiang on Tuesday, January 16, during a speech at the annual meeting of the World Economic Forum in Davos, Switzerland, said that the growth of the Asian country’s economy over the past year amounted to approximately 5.2%.

IMF Says About AI Impact on Labor Market
News

IMF Says About AI Impact on Labor Market

The International Monetary Fund (IMF) predicts a high level of influence of artificial intelligence on the state of affairs in the labor market.

China’s Annual Exports Demonstrate Decline
Finance & Economics

China’s Annual Exports Demonstrate Decline

China’s exports in 2023 showed a negative dynamic of the decline.

US Consumer Prices Demonstrate Growth
News

US Consumer Prices Demonstrate Growth

By the end of 2023, the United States recorded an increase in consumer prices of 3.4% year-on-year.

National Bank of Oman Partners With PayMate
Fintech & Ecommerce

National Bank of Oman Partners With PayMate

The National Bank of Oman has signed a Memorandum of Understanding with the Indian fintech company PayMate as part of efforts to achieve the goal of modernizing B2B payment processes.

SVB Financial Group and Creditors Plan to Found New Company
Finance & Economics

SVB Financial Group and Creditors Plan to Found New Company

SVB Financial Group, the former parent company of Silicon Valley Bank, was able to make progress in its bankruptcy case by reaching an agreement with the main creditors.

TSMC Revenue Exceeds Forecasts
Science & Technology

TSMC Revenue Exceeds Forecasts

Taiwan Semiconductor Manufacturing Co. (TSMC) revenue for the fourth quarter of 2023 exceeded preliminary expectations, which provided for a decrease in this indicator.

World Chip Sales Demonstrate Growth
News

World Chip Sales Demonstrate Growth

Global chip sales figures show positive dynamic growth.

Samsung Posts Sixth Straight Quarter of Declining Operating Profit
News

Samsung Posts Sixth Straight Quarter of Declining Operating Profit

Samsung Electronics Co. recorded a decline in operating profit for the sixth consecutive quarter.