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.
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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.
PacWest to Merge With Banc of California
PacWest Bancorp plans to implement a merger deal with Banc of California.
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.
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.
Apple Opens Applications for Vision Pro Developer Kit
Apple has decided to open applications for the Vision Pro developer kit.
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.
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.
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.
Crypto Startup Worldcoin Starts Global Rollout of Its Services
Worldcoin, Sam Altman’s crypto startup, which applies the practice of scanning eyeballs, announced the beginning of the process of global implementation of its services.
Crypto Wallet Zengo Launches Pro Subscription
The Zengo cryptocurrency mobile wallet has presented several new features in combination with a new premium subscription.
Apple Reportedly Uses AI Chatbot to Assist Employees
The media reported that Apple has begun to implement the practice of using its own chatbot based on artificial intelligence to provide assistance to company employees.
Capital One Publishes Results for Second Quarter of 2023
The American bank holding company Capital One has released financial results for the second quarter of 2023.
OpenAI Supports Requiring Licenses for Advanced AI Systems
The memorandum on internal policy prepared by OpenAI indicates that this company supports the idea of mandatory licensing of the activities of firms that intend to develop advanced artificial intelligence systems.
JPMorgan Fund Bets Asia Chip Stocks
The $1.4 billion fund, which is currently managed by JPMorgan Asset Management, is betting on shares of Asian companies whose activities are related to the supply of chips and which are trying to catch up with their American counterparts.
TikTok Partners With Atome for Malaysia E-Commerce
TikTok’s e-commerce unit announced that it has reached an agreement on a partnership with the fintech platform Atome, which is part of the ownership structure of Advance Intelligence Group.
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