Explained - page 8

News

Apple Launches New iPad Air

Apple has unveiled new 11-inch and 13-inch iPad Air models with the M3 chip.

News

Stocks Drop Amid Trade-War Jitters

There is a downward tendency in stocks around the world, as concerns about the effects of a trade war on the economic situation have intensified, with an increase in flight to short-term bonds, gold, and safe haven currencies.

News

European Inflation Cools

Inflation in the eurozone has shown a decline, which has led to an argument for increased confidence that this indicator is approaching the European Central Bank’s target of 2%.

Finance & Economics

Xi Jinping Reportedly Prepares to Unveil China Stimulus Plan

The head of the People’s Republic of China, Xi Jinping, is gradually approaching one of the main political huddles of the current year against a favorable background based on the gradual improvement of the situation in the economic system of the Asian country.

Science & Technology

OpenAI Launches GPT-4.5 for Some Paying Users

OpenAI, one of the largest players in the global artificial intelligence industry, has released a research preview of its latest GPT-4.5 model for its Pro users and developers worldwide.

News

Amazon Unveils Quantum Chip

Amazon Web Services (AWS) on Thursday, February 27, demonstrated a quantum computing chip with new technology, which the company expects will reduce by as much as five years its efforts to build a commercially useful quantum computer.

News

Nvidia Sales Demonstrate Growth

Nvidia on Wednesday, February 26, published information about its earnings for the fourth fiscal quarter, which exceeded Wall Street’s preliminary expectations.

News

Ascenda and Galileo Start Partnership

Ascenda and Galileo Financial Technologies announced the beginning of cooperation, which aims to help banks, fintech companies, and other brands launch card loyalty programs.

News

Anthropic Launches New AI Model

The startup Anthropic, which is based in San Francisco and operates in the space of the artificial intelligence industry, presented a new frontier AI model called Claude 3.7 Sonnet.

News

Canadian Banks Reportedly to Build Reserves to Cushion Tariff Uncertainty

Currently, analysts expect Canada’s six largest banks to build more credit loss provisions, as these financial institutions are nowadays bracing for uncertainty related to the tariff threat from the United States, which could impact earnings in the first quarter of 2025 and beyond.

News

Prosus Plans to Buy Just Eat Takeaway

Just Eat Takeaway.com, a European giant in the area of food delivery, is poised to be acquired by Prosus, a Dutch technology investor.

News

Ant Group Enters AI Robotics Sector

Chinese fintech giant Ant Group has ventured into the Asian country’s humanoid robotics sector, which is currently in the condition of active development.

News

China’s Tech Stocks Demonstrate Growth

Shares of Chinese technology companies listed in Hong Kong on Friday, February 21, showed their best weekly winning streak since 2020, as earnings surpassing preliminary expectations and optimism about the artificial intelligence sector gained global investors who made financial injections into the relevant area.

News

AWS to End Support for Amazon Chime

Amazon Web Services (AWS) last Wednesday, February 19, informed clients that it will no longer accept new customers for its Amazon Chime collaboration solution and will stop supporting this service after a year.

News

LexisNexis Finalizes Its Acquisition of IDVerse

LexisNexis Risk Solutions has finalized the acquisition of IDVerse, a company that specializes in document authentication and fraud detection.

Science & Technology

Oppo Launches $1,870 Folding Phone

The Chinese company Oppo, which specializes in the development and manufacture of consumer electronics, including smartphones, on Thursday, February 20, presented its new flagship folding phone model Find N5.