Walmart Sells JD.com Shares
Walmart has sold its entire stake in Chinese e-commerce giant JD.com.
Report - page 68
Mitek Expands Partnership With Alogent
Mitek, which specializes in carrying out activities in the area of developing fraud prevention tools, announced the expansion of its partnership with the Alogent payment processor.
Swiss National Bank and SIX Roll Out Instant Payments Solution
The Swiss National Bank and SIX Interbank Clearing announced the launch of a new solution for instant payments.
U.S. Bank Expands Its Partnership With Edward Jones
U.S. Bank is expanding its partnership with broker-dealer and financial advisor Edward Jones.
ECB’s Fabio Panetta Says About Prospects of Interest Rates Cutting
Fabio Panetta, European Central Bank Governing Council member and Governor of the Bank of Italy, said it was highly likely that a decision would be made in the future to further cut interest rates.
Microsoft to Release Windows Recall AI Search Feature in October
Microsoft on Wednesday, August 21, announced that in October it will release a controversial Recall search function using artificial intelligence.
Airtel Payments Bank Launches Biometric Verification Solution to Protect Accounts
Airtel Payments Bank, which is based in India, announced the launch of a new security solution called Face Match.
X Closes Its Operations in Brazil
The social media platform X, formerly known as Twitter, announced the immediate termination of its operations in Brazil, one of the largest media markets in Latin America.
US Appeals Court Revives Privacy Action by Google Chrome Users
The United States Court of Appeals has ruled that the Internet search giant Google must respond to a renewed class action lawsuit by Chrome browser users who claimed that the company was involved in the practice of collecting their data classified as confidential information without first obtaining permission to carry out relevant activities.
OpenAI Rolls Out Fine-Tuning Feature for GPT-4o
OpenAI launched fine-tuning for GPT-4o and stated that as a result of using this new feature, developers will be able to increase the level of performance and improve such an aspect of their apps as accuracy.
TSMC Breaks Ground on €10 Billion German Plant
Taiwan Semiconductor Manufacturing Co. (TSMC) has broken ground its first production site in Europe.
Technology Giants Boost Hong Kong Stocks
Hong Kong stock indexes on Monday, August 19, showed growth against the background of the rising value of shares of technology companies.
AI Chip Makers Rebellions and Sapeon Agree to Merge
The South Korean companies Rebellions Inc. and Sapeon Korea Inc., which specialize in carrying out activities in the chip manufacturing sector necessary for training and ensuring the subsequent operation of artificial intelligence systems, have signed a final merger agreement.
AMD to Acquire Server Maker ZT Systems
It became known that Advanced Micro Devices (AMD) Inc. has reached an agreement on the implementation of the deal for the acquisition of ZT Systems, which specializes in the implementation of server manufacturing activities.
Traders Need Fed’s Signal to Keep Stocks Rallying
Wall Street is betting that Federal Reserve Chairman Jerome Powell at the central bank’s annual confab in Jackson Hole, Wyoming, will confirm the intention of the United States financial regulator to decide on monetary easing, implying cutting interest rates.
Kiteworks Raises $456 Million
Kiteworks has announced that it has raised a $456 million growth equity investment.
