Report - page 126

IMF Says About Potential of CBDC
News

IMF Says About Potential of CBDC

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Wednesday, November 15, said that central bank digital currency (CBDC) can replace cash, separately noting that it will take time to implement the corresponding scenario.

Affirm Says About Impact of High-Interest Rates on Demand for BNPL
Fintech & Ecommerce

Affirm Says About Impact of High-Interest Rates on Demand for BNPL

Buy Now, Pay Later (BNPL) company Affirm expects that if the high level of interest rates persists for a long period, consumer demand for its short-term loans will increase.

Mastercard Launches Partnership With NEC in Biometric Payments
News

Mastercard Launches Partnership With NEC in Biometric Payments

Mastercard announced the start of NEC’s partnership to introduce biometric control in the Asia-Pacific region.

Klarna Expands Ad and Marketing Tools for Creators and Retailers
Fintech & Ecommerce

Klarna Expands Ad and Marketing Tools for Creators and Retailers

The Klarna payment network has decided to expand its advertising and marketing tools for creators and retailers.

Snapchat to Test Family Plans
News

Snapchat to Test Family Plans

As part of efforts to expand its subscription program, the Snapchat virtual platform plans to test the Friends & Family Plan shortly.

JPMorgan Doubts Justification of Crypto Market Enthusiasm
Blockchain & Crypto

JPMorgan Doubts Justification of Crypto Market Enthusiasm

JPMorgan, through the prism of skepticism, perceives the enthusiasm that is observed in the cryptocurrency market.

Alphabet Sells Off All of Its Shares in Trading App Robinhood
Fintech & Ecommerce

Alphabet Sells Off All of Its Shares in Trading App Robinhood

Google’s parent company Alphabet has decided to sell all its shares in the trading app Robinhood.

OpenAI Needs More Funding for Artificial General Intelligence
Science & Technology

OpenAI Needs More Funding for Artificial General Intelligence

OpenAI hopes to receive additional funding, which is necessary to implement the plans of this company to create artificial general intelligence (AGI).

Google Sues Scammers
Science & Technology

Google Sues Scammers

Google is suing five scammers, about whom there is no information, but their illegal acts are known.

Joe Biden Erases $127 Billion in Student Debt
Finance & Economics

Joe Biden Erases $127 Billion in Student Debt

The United States government has erased student loans worth more than $127 billion since 2021.

Federal Reserve Bank of New York Recognizes Vulnerability of American Lenders
News

Federal Reserve Bank of New York Recognizes Vulnerability of American Lenders

The report of the Federal Reserve Bank of New York contains a statement that at present financial institutions that are part of the structure of the banking sector of the United States are in a more stable position compared to their condition during the crisis of 2008, but this does not mean that creditors are […]

Ex-NatWest Boss Loses Out on £7.6 Million
Finance & Economics

Ex-NatWest Boss Loses Out on £7.6 Million

Ex-NatWest boss Dame Alison Rose will lose 7.6 million pounds ($9.2 million) after admitting that she discussed the closure of Nigel Farage’s bank account.

Microsoft Reportedly Temporary Blocks Employee Access to ChatGPT
Science & Technology

Microsoft Reportedly Temporary Blocks Employee Access to ChatGPT

The media reported that Microsoft temporarily blocked its employees’ access to ChatGPT, the world’s most popular artificial intelligence-based chatbot developed by OpenAI.

China’s Largest Chipmaker SMIC Reports Drop in Profit
Science & Technology

China’s Largest Chipmaker SMIC Reports Drop in Profit

The largest Chinese manufacturer of chips SMIC last Thursday, November 9, reported that at the end of the third quarter of this year, its profit indicator showed a significant drop.

Amazon Plans to Expand Grocery Delivery
News

Amazon Plans to Expand Grocery Delivery

Amazon plans to expand the scope of the grocery delivery service to the entire territory of the United States.

Nvidia Reportedly to Release New AI Chips for China
Science & Technology

Nvidia Reportedly to Release New AI Chips for China

The media reported that Nvidia Corporation plans to release three new artificial intelligence chips developed specifically for the Chinese market.