Report

Finance & Economics

BofA Says Cooling Economy to Crack Big Tech Rally Even More

Bank of America Corp.’s strategist Michael Hartnett says that the further cooling of the economic system of the United States may be the reason for the continuation of the downturn in the growth of shares of US technology companies.

Science & Technology

Energy Tech Startup Greenely Grabs €8 Million

Swedish-based startup Greenely is closing an €8 million (about $8.7 million) Series A funding round.

News

Digital Marketing Startup Plaiced Acquires Precursor Ventures-Backed Clutch

The Plaiced online social network has acquired the Clutch marketplace, which provides digital marketing services to consumers.

Fintech & Ecommerce

MNT-Halan Raises $157.5 Million

MNT-Halan, a fintech startup based in Egypt, has announced that it has managed to raise $157.5 million in investment funds.

Science & Technology

OpenAI Tests New Search Features

OpenAI has provided a limited number of users with the opportunity to test a new set of search functions.

News

IBM Reports Q2 Earnings

IBM last Wednesday, July 23, published information on its financial results for the second quarter of the current year, which exceeded analysts’ preliminary expectations.

News

Chinese Provinces Step Up to Entice Business

Currently, there is a kind of political and economic tendency throughout China, which consists in the fact that the municipal authorities of the Asian country are making efforts to retain overseas businesses and increase the trust of local companies, and in this context, the indicative is the example of the leadership of Henan Province, which […]

News

SK Hynix Posts Highest Quarterly Profit in 6 Years

SK Hynix, one of the largest chip manufacturers in the world, released information on Thursday, July 25, about the financial results of its activities in the second quarter of the current year.

News

Revolut Gets Long-Awaited UK Banking License

Revolut startup, which operates in the fintech industry, on Thursday, July 25, announced the receipt of a banking license in the United Kingdom.

News

20% of APAC Businesses Rely On AI/ML Powered API Security Solutions

Numerous security challenges around application programming interfaces (APIs) are increasingly tackled by artificial intelligence (AI) and machine learning (ML) enabled solutions in the APAC region.

Science & Technology

Vanta Raises $150 Million

Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.

Science & Technology

Alphabet Profit Surges 29% in Q2 Despite AI Research Losses

Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.

News

Santander Reports Q2 Earnings

Banco Santander SA has raised its revenue growth target in 2024.

Fintech & Ecommerce

Revolut Reportedly to Hit $45 Billion Valuation After Share Sale

The media reports that Revolut is currently preparing for a share sale that would value it at $45 billion.

News

Amazon Reportedly Plans to Launch Paid Tier of Alexa

The media reports that Amazon plans to launch a paid tier of Alexa this month.

Fintech & Ecommerce

Brazil’s Central Bank Delays Launch of Recurring Payments Feature

The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.