Report - page 65

News

Vanta Raises $150 Million

Online security and compliance management platform Vanta on Wednesday, July 24, announced that it has managed to raise $150 million in investment funds as part of a new round of financing led by venture capital company Sequoia Capital.

Science & Technology

Alphabet Profit Surges 29% in Q2 Despite AI Research Losses

Google’s parent company Alphabet saw significant profit growth notwithstanding the tremendous AI-related spending.

News

Santander Reports Q2 Earnings

Banco Santander SA has raised its revenue growth target in 2024.

Fintech & Ecommerce

Revolut Reportedly to Hit $45 Billion Valuation After Share Sale

The media reports that Revolut is currently preparing for a share sale that would value it at $45 billion.

News

Amazon Reportedly Plans to Launch Paid Tier of Alexa

The media reports that Amazon plans to launch a paid tier of Alexa this month.

News

Brazil’s Central Bank Delays Launch of Recurring Payments Feature

The Central Bank of Brazil has decided to postpone the launch of the recurring payments feature to be added to the instant payment transaction system called Pix.

Fintech & Ecommerce

Mobile Banking to Reach 79% Adoption in US by 2029

Florida is the US state already using mobile banking the most, while many Oklahomans may still prefer traditional banking methods over mobile banking solutions.

News

Wiz Reportedly Rejects Google Deal

Media reports that the startup Wiz, which specializes in developing solutions in the area of cloud security, rejected Google’s offer to buy this firm for $23 billion.

Science & Technology

AI Startup Cohere Reaches $5.5 Billion Value

Startup Cohere Inc., which operates in the area of artificial intelligence, is currently one of the most valuable AI companies in the world and one of the largest early-stage firms in Canada, but there are not many mentions of it in the media space compared to competitors from Silicon Valley, although there is a reason […]

News

Alphabet to Report Q2 Growth

It is expected that data on the second-quarterly revenue of Alphabet, the parent company of Google, will show an increase of 14% year-on-year, as reported by the media with reference to their own calculations and estimates of the interviewed experts.

News

China Cuts Interest Rates

In the space of China’s economic system, which is currently the second largest in the world, an unexpected decision by the financial authorities was recorded in the form of lowering borrowing costs.

News

Fed’s John Williams Says About Prospects of Changes in Monetary Policy

Federal Reserve Bank of New York President John Williams said that the long-term trends that led to the reduction of neutral levels for interest rates before the outbreak of the coronavirus pandemic still prevail.

News

Xiaomi Presents First Flip Phone

Xiaomi on Friday, July 19, presented its first flip phone.

Finance & Economics

China to Intensify Support for Equipment Upgrades

Beijing intends to strengthen measures to support the implementation of the program for the modernization of equipment and trade in consumer goods.

Science & Technology

OpenAI Launches GPT-4o Mini

OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.

News

Samsung to Acquire Startup Oxford Semantic

On Thursday, July 18, Samsung Electronics announced it has agreed to acquire Oxford Semantic Technologies, a United Kingdom-based startup specializing in technologies that can be used for more sophisticated artificial intelligence apps.