Myanmar Shadow Government to Launch Neobank to Finance Fight Against Military Junta
The shadow government of Myanmar, the National Unity Government (NUG), plans to create a neobank, whose activities will be carried out on the Polygon platform.
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Mizuho to Create Fund to Support Japanese Tech Startups
Mizuho Financial Group announced plans to create a debt fund that will focus on supporting Japanese startups operating in the technology sector.
Apple Reportedly Works On AI Tools
The media reports that Apple is currently actively developing artificial intelligence tools.
Goldman Sachs Reports Drop in Profits
Goldman Sachs Group’s profit showed a sharp drop in the second quarter of this year.
Foxconn Buys Apple Equipment
Over the past year, Foxconn Technology Group has acquired from Apple the equipment necessary to establish production activities, with a total value of $33 billion.
Singapore Becomes Command Center for ASEAN Fintech: Report
PwC Singapore, Singapore Economic Development Board (EDB) and Singapore FinTech Association (SFA) revealed the growth trends of the financial technology industry in Singapore
CFPB and European Commission Start Discussion About Digitization of Finance
Didier Reynders, Commissioner of the European Commission for Justice and Consumer Protection, and Rohit Chopra, Director of the U.S. Consumer Financial Protection Bureau (CFPB), on Monday, July 17, announced the beginning of a dialogue on some issues related to the digitalization of the financial industry.
Call of Duty to Remain on Playstation After Activision Blizzard Deal With Microsoft
Microsoft has signed an agreement with Sony, according to which the Call of Duty video game will remain available on PlayStation after the tech giant implements a $69 billion takeover deal for Activision Blizzard.
Twitter Loses Nearly Half Advertising Revenue
The level of Twitter’s revenue from placing advertising materials on this virtual platform has almost halved after Elon Musk became the owner of the social network in October last year.
Venture Capital Firms Reportedly Slash Funds
The media reports that currently, companies with venture capital are reducing the volume of their mega funds after many years of accumulation and formation of the base of the financial asset.
Google Play Games Beta for PC Expands to New Countries
Google has expanded access to the beta version of the Play Games project for PC, with which users can play games designed for Android software on Windows devices.
Citigroup Fixes Personal Banking Revenue Growth in US
Citigroup reported that by the end of the second quarter of this year in the United States, the revenue received by this financial institution as a result of the provision of personal banking services increased by 11% compared to the indicator for the same period in 2022 and amounted to $4.6 billion.
Top China Mutual Fund Bets on AI Stocks for Recovery
China’s most highly performing mutual fund, Soochow Mobile, is currently preparing for the recovery of onshore shares.
Stability AI Co-Founder Says About Forcing Sale of Stake in Company
The co-founder of Stability AI sued this company, stating that manipulation was used against him, containing deception at its core, because of which he was forced to sell his stake in the company for $100.
Silo Technologies Raises $132 Million
Silo Technologies reported that it managed to raise investment funds for $132 million.
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