Report - page 104

Science & Technology

Samsung Posts Sixth Straight Quarter of Declining Operating Profit

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

News

McAfee Presents AI-Powered Deepfake Audio Detection

At CES 2024, McAfee presented a technology for detecting audio deepfakes based on artificial intelligence called Project Mockingbird.

Blockchain & Crypto

Bitcoin-Accepting Merchants Grew 174% in 2023

The number of merchants accepting Bitcoin payments increased almost threefold last year, with a notable concentration in Europe and Latin America.

News

Jefferies Analysts Warn About Significant iPhone Sales Fall in China

Analysts at Jefferies Independent Investment Bank, led by Edison Lee, believe that the decline in sales of iPhone smartphones in the Chinese market will show a strengthening trend in the foreseeable future.

News

Ant Group Reportedly Plans to Purchase MultiSafepay

The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.

News

Foxconn Expects Decline in Sales

Foxconn warned of a fourth consecutive decline in quarterly sales.

Science & Technology

Jeff Bezos Invests in Startup Perplexity

Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.

News

Chinese Shadow Bank Zhongzhi Files for Bankruptcy

The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.

Fintech & Ecommerce

Adyen and Straumur to Enhance Payment Processing in Iceland

Adyen, a global financial platform based in the Netherlands, announced the beginning of cooperation with the Icelandic firm Straumur, which is a subsidiary of Kvika.

Science & Technology

OpenAI Reportedly to Launch Online Store Next Week

The media reports that OpenAI, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, will launch its online store next week.

Finance & Economics

Global Startup Funding Decreases 38% in 2023

Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.

Science & Technology

Qualcomm Announces New Chip for Mixed Reality

Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.

Fintech & Ecommerce

PRIME Africa Provides Access to Improved Financial Services for Moroccan Migrants

To improve financial services for Moroccans, a new partnership has been launched between the United Nations International Fund for Agricultural Development (IFAD) and international money transfer operator, Moneytrans, which is part of the Platform for Remittances, Investments and Migrants’ Entrepreneurship in Africa (PRIME Africa) project.

Finance & Economics

HSBC Reportedly Joins Ranks of Suitors for Tesco Banking Arm

HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.

Blockchain & Crypto

Enhanced Blockchain Security Brought Crypto Hack Losses Down 51% in 2023

The state of Web3 and blockchain security improved over the past year, causing a twofold decrease in losses to crypto hacks and other cybersecurity incidents.

Science & Technology

Samsung Previews New Smartphone

Samsung has announced a new smartphone, hinting very clearly that artificial intelligence will be the main element of technological content in this development.