Report - page 142

California Plans to Review Data Privacy in Cars
Science & Technology

California Plans to Review Data Privacy in Cars

In California, local regulators with the authority to initiate investigations and proceedings in the field of confidentiality have announced their intention to review the data protection policy followed by car manufacturers.

Foxconn Plans to Build Component Plants in India
News

Foxconn Plans to Build Component Plants in India

Foxconn Technology Group, Apple’s main supplier based in Taiwan, intends to increase investment in the development of production in the southern Indian state of Karnataka to more than $1.2 billion.

Amazon to Double Same-Day Delivery Facilities
News

Amazon to Double Same-Day Delivery Facilities

Amazon on Monday, July 31, announced its intention to double the number of same-day delivery points in the United States.

Swiss National Bank Reports $15 Billion Loss
Finance & Economics

Swiss National Bank Reports $15 Billion Loss

The Swiss National Bank on Monday, July 31, reported that following the results of the second quarter, this financial institution recorded a loss of 13.2 billion Swiss francs ($15.14 billion).

Microsoft Says About Importance of GPU Supply for AI
Science & Technology

Microsoft Says About Importance of GPU Supply for AI

Microsoft informed investors about the critical importance of the supply of graphics processors (GPUs), which are both the main resource and a risk factor for the business of cloud services that are part of the technological ecosystem of the corporation and are at the stage of intensive scaling.

Toshiba Says Its Takeover Offer to Start in August
News

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.

Applied Materials Expands in India
News

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.

Sequoia Capital Reportedly Downsizes Its Funds
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.

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

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.

TIFIN Launches Platform for Creating AI FinTechs
Fintech & Ecommerce

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.

Fed Raises Interest Rates
News

Fed Raises Interest Rates

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

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

Samsung Cuts in Memory Chip Production
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.

Bloom Money Raises Funds to Digitize Microcredit Finance
News

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
Finance & Economics

PacWest to Merge With Banc of California

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

Banco Santander Earnings Beat Estimates
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.