Report - page 18

TSMC Reports Earnings
Science & Technology

TSMC Reports Earnings

Taiwan Semiconductor Manufacturing Company (TSMC) on Thursday, April 17, maintained its annual revenue forecast after its profit for the last quarter exceeded preliminary expectations and became evidence that global consumer demand for artificial intelligence chips continues.

Western Union Develops Media Network Business
Fintech & Ecommerce

Western Union Develops Media Network Business

Western Union is committed to developing its new Media Network business through collaboration with Magnite, an independent sell-side advertising company.

ValidiFI Offers Authoritative Bank Account Verification Tool
Fintech & Ecommerce

ValidiFI Offers Authoritative Bank Account Verification Tool

Bank account and payment intelligence company ValidiFI has started offering consumers new authoritative bank account verification capabilities.

Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude
Science & Technology

Anthropic Reportedly to Add Voice Capabilities to AI Assistant Claude

The media published information according to which Anthropic plans to add voice capabilities to its artificial intelligence assistant Claude.

Neobank Bunq Plans to Get US Banking License
Fintech & Ecommerce

Neobank Bunq Plans to Get US Banking License

The European neobank Bunq is currently on its way to obtaining a banking license in the United States.

Global Tech Stocks Decrease
Finance & Economics

Global Tech Stocks Decrease

On Wednesday, April 16, technology stocks are on a downward trajectory as new restrictions from the United States government on the export of Nvidia Corp. chips to China and the disappointing report from ASML Holding NV have significantly worsened the prospects for the semiconductor sector, which has already caused the market value of the two […]

South Korea Announces Over $23 Billion for Chip Sector
Science & Technology

South Korea Announces Over $23 Billion for Chip Sector

South Korea on Tuesday, April 15, announced a 33 trillion won ($23.25 billion) support package for its vital semiconductor industry, as high levels of tariff uncertainty from the United States threaten companies based in the Asian country.

US Announces Probe Into Electronics Imports
Finance & Economics

US Announces Probe Into Electronics Imports

The US Commerce Department is conducting a national security investigation into the import of semiconductor technology and related downstream products.

Rare Earths Become China’s Weapon in Trade War
Finance & Economics

Rare Earths Become China’s Weapon in Trade War

China may start using rare earths as a weapon in a new trade war with the United States.

Nvidia Plans to Manufacture Some AI Chips in US
Science & Technology

Nvidia Plans to Manufacture Some AI Chips in US

Nvidia on Monday, April 14, announced that it has commissioned more than a million square feet of production space to build and test artificial intelligence chips in Arizona and Texas.

Chinese Exports Show Growth
Finance & Economics

Chinese Exports Show Growth

In March, China’s export activity showed growth that exceeded preliminary expectations regarding the dynamic of this indicator, as businesses frontloaded outbound shipments to avoid prohibitive tariffs from the United States.

US Bank Introduces Business-Focused Checking and Spend Management Tools
Fintech & Ecommerce

US Bank Introduces Business-Focused Checking and Spend Management Tools

U.S. Bank presented an all-in-one checking account combined with payment acceptance capabilities for small businesses.

Mantra CEO Denies Insider OM Token Dump
Blockchain & Crypto

Mantra CEO Denies Insider OM Token Dump

Mantra chief executive officer John Mullin denied reports of large-scale token transfers by major Mantra investors in the days leading up to the sharp collapse of the OM token.

Michael Saylor’s Strategy Buys $285 Million Bitcoin
Blockchain & Crypto

Michael Saylor’s Strategy Buys $285 Million Bitcoin

Michael Saylor’s digital asset company, Strategy, purchased 3,459 Bitcoins for $285.5 million.

IEA Confirms Energy Use Surge to Meet AI Needs
Science & Technology

IEA Confirms Energy Use Surge to Meet AI Needs

Global electricity generation required to supply data centres will grow from 460 TWh in 2024 to over 1 000 TWh in 2030 and 1,300 TWh in 2035, by rough IEA estimations.

Binance Reportedly Seeks to Curb US Oversight
Blockchain & Crypto

Binance Reportedly Seeks to Curb US Oversight

The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.