Report - page 133

Science & Technology

Toshiba Says Its Takeover Offer to Start in August

Toshiba has announced that it expects a $15 billion buyout offer by a group led by private equity firm Japan Industrial Partners to begin in August.

Science & Technology

Applied Materials Expands in India

The American company Applied Materials, a manufacturer of equipment used in the production of microchips, announced its intention to expand the scale of its activities in India.

Finance & Economics

Sequoia Capital Reportedly Downsizes Its Funds

The media reports that the Silicon Valley venture capital company Sequoia Capital has decided to downsize two of its large funds.

Finance & Economics

Bank of America CEO Says New Capital Requirements Must Ensure Level Playing Field

Brian Moynihan, CEO of Bank of America, expressed the opinion that the new capital requirements should form a space of equal conditions for all representatives of the US banking sector.

News

TIFIN Launches Platform for Creating AI FinTechs

The wealth platform with integrated artificial intelligence TIFIN presented a new project, which is a kind of space for creating AI fintech firms.

Finance & Economics

Fed Raises Interest Rates

The US central bank has decided to raise interest rates to the highest level in the last 22 years.

Finance & Economics

China’s Central Bank Calls On Financial Sector to Help Fund Technology Research

The Central Bank of China has appealed to the local financial sector to provide material support, in this case, it means providing money, in conducting research in the area of technology and implementing mergers and acquisitions.

News

Samsung Cuts in Memory Chip Production

Samsung Electronics continues to implement a strategy to reduce the production of memory chips, including NAND flash memory, which is used in smartphones and computers.

Fintech & Ecommerce

Bloom Money Raises Funds to Digitize Microcredit Finance

The British fintech company Bloom Money has announced that it has managed to raise investment funds for 1 million pounds to digitize the informal financial management system used by ethnic communities around the world.

News

PacWest to Merge With Banc of California

PacWest Bancorp plans to implement a merger deal with Banc of California.

News

Banco Santander Earnings Beat Estimates

The revenues of Banco Santander SA in the second quarter of this year exceeded the initial forecasts regarding this result of the bank’s activities.

Finance & Economics

Deutsche Bank AG Survives Slowdown in Trading Well

Deutsche Bank AG was able to survive a period of slowing trading, demonstrating a result that largely exceeded analysts’ expectations about the lender’s ability to cope with these adverse circumstances.

Science & Technology

Apple Opens Applications for Vision Pro Developer Kit

Apple has decided to open applications for the Vision Pro developer kit.

Society & Lifestyle

Netflix Launches New Tool

A new tool has appeared on the online platform of the streaming service Netflix, which is designed to search for content.

Finance & Economics

SoftBank and Symbiotic Collaborate to Offer Automated Warehouses

SoftBank Group last Monday, July 24, announced the creation of a joint venture with Symbotic, which was named GreenBox Systems LLC.

Science & Technology

Germany Reportedly Plans to Dole Out €20 Billion to Bolster Semiconductor Manufacturing

The government of German Chancellor Olaf Scholz, according to media reports, intends to provide financing for 20 billion euros for the development of semiconductor production in this country.