Wagestream Raises $21.8 Million
Wagestream, a financial well-being app focused on frontline workers, was able to raise investment funds for 17.5 million pounds (about $21.8 million) as part of the financing round.
Report
S&P Says About Loosening of China’s Fiscal Stimulus
Yunbang Xu, senior analyst at S&P Global Ratings, said that China’s fiscal stimulus program is gradually weakening.
Lenovo and Alibaba Cooperate to Build AI Computers
Lenovo Group, one of the world’s largest manufacturers of personal computers, has partnered with Alibaba Group Holding, a giant in the sphere of Internet business, to create a series of products based on artificial intelligence.
Micron Intends to Get $6.1 Billion in Grants From US
The company Micron Technology, which specializes in the implementation of activities for the production of memory chips, will receive $6.1 billion in grants from the Commerce Department of the United States.
Cisco Unveils AI-Focused Security System
Cisco Systems last Thursday, April 18, presented a new product for the security architecture, which is designed to provide a high level of cyber defense through the use of artificial intelligence technologies.
Meta Releases Llama 3
Meta Platforms Inc. on Thursday, April 18, presented a new version of its Llama artificial intelligence model.
Huawei Releases New Phone Lineup
Huawei Technologies Co. on Thursday, April 18, presented a new series of smartphones.
Morgan Stanley Predicts Bank of England to Cut Rates in May
Morgan Stanley experts say that there is still a possibility that next month the Bank of England will begin implementing a monetary policy easing strategy, under which interest rates will be cut.
TSMC Reports First-Quarter Revenue and Profit
Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 18, released earnings data for the first quarter of 2024.
BNPL Users to Top 670 Million Globally by 2028
The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.
Fed Chair Signals Rate-Cut Delay
The Chairman of the Federal Reserve, Jerome Powell, signaled that policymakers will wait longer to cut interest rates longer than originally expected.
AMD Introduces AI Chips
Advanced Micro Devices (AMD) has presented a series of new semiconductors for business laptops and AI-enabled desktops.
Morgan Stanley Earnings Exceed Expectations
Morgan Stanley on Tuesday, April 16, published data on its earnings for the first quarter of the current year.
Rippling Reportedly Seeks to Raise New Funding
The media, citing insiders, report that currently the startup Rippling, which specializes in business software development, is negotiating to raise new funding at a valuation of between $13 billion and $14 billion.
Tim Cook Says Apple Considers Manufacturing Gadgets in Indonesia
Apple Inc. is currently considering launching the manufacturing of some gadgets from its product line in Indonesia.
Sheeva.AI Launches In-Vehicle Payments for Citroën in India
Sheeva.AI has announced that its in-vehicle payment technology is now available in Citroën cars in India.
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