Report - page 101

Fintech & Ecommerce

Fintech Klarna CEO Signals Possibility of IPO

Sebastian Siemiatkowski, Chief Executive Officer of Klarna Bank AB, during a conversation with media representatives, stated a high level of probability that the initial public offering (IPO) of this Swedish fintech giant in the United States will take place shortly, noting that there is no specific time frame for the implementation of the relevant intention.

Science & Technology

Netflix to Stream WWE Raw

Netflix Inc. has become the owner of the exclusive rights to Raw and other programming from World Wrestling Entertainment (WWE), which is the first major step by the media industry giant towards live streaming of events.

Finance & Economics

Top Citi Strategist Says About Prospects of Healthy Economic Growth

Steven Wieting, chief investment strategist and chief economist at Citi Global Wealth, says that the global economic system does not need a collapse situation for the inflation rate to return to the target level.

News

Nvidia CEO Makes China Tour

Co-founder of Nvidia Corp. Jensen Huang went on his first trip to China in four years.

News

Crypto’s Terraform Files for Bankruptcy

Terraform Labs Pte., a company specializing in digital assets and co-founded by Do Kwon, has filed for Chapter 11 bankruptcy protection in the United States.

Science & Technology

ElevenLabs Raises $80 Million for AI Projects

The startup ElevenLabs, which uses artificial intelligence software to replicate voices in more than 20 languages, has conducted a new round of funding.

News

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.

News

Moody’s Negatively Characterizes Asia’s Sovereign Creditworthiness

Moody’s Investors Service has made a negative outlook on the sovereign creditworthiness of the Asia-Pacific region, citing factors such as the slowdown in China’s economic growth, risks associated with the current state of affairs in the sphere of geopolitics, and tight funding as the reasons for this point of view.

News

India Is Among Top Fintech Cluster Hubs Globally

The World Economic Forum emphasised the role of thriving fintech hubs hosting clusters of fintech corporate headquarters and providing significant operating markets such as Singapore, the UK, the US, Mexico and India for the global growth of the fintech industry.

Fintech & Ecommerce

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.

News

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.

Fintech & Ecommerce

BNPL Provider Billink Raises $32 Million

Billink, a Buy Now, Pay Later (BNPL) service provider, has announced that it has managed to raise $32 million in investment funds.

Finance & Economics

JPMorgan Chase Says About Increase in Hacker’s Activity

JPMorgan Chase reported that over the past 12 months, there has been a daily increase in the intensity of hacker activity aimed at attempting to infiltrate the systems of this financial institution.

Science & Technology

Reddit Reportedly Plans to Launch IPO

The social media platform Reddit has created detailed plans for its initial public offering (IPO) in March.

Fintech & Ecommerce

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.

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.