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.
Report - page 74
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.
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.
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 […]
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.
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.
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.
Xiaomi Presents First Flip Phone
Xiaomi on Friday, July 19, presented its first flip phone.
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.
OpenAI Launches GPT-4o Mini
OpenAI has presented a more affordable and slimmed-down version of its flagship artificial intelligence model.
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.
UK Wage Growth Demonstrates Slowdown
A slowdown in the rate of wage growth was recorded in the United Kingdom.
Xi Jinping to Unveil Vision for Chinese Economy
The head of the People’s Republic of China, Xi Jinping, will present his vision of the concept within which the development of the economic system of the Asian country should be carried out.
ECB Reportedly to Hold Rates Steady
Officials of the European Central Bank during their meeting on Thursday, July 18, will most likely not make decisions on any changes in interest rates and will hold the corresponding indicator at the same level.
Klarna Reportedly Considers Possible 2025 US IPO
Media reports indicate that Klarna is currently weighing financial advisers for its initial public offering (IPO) in the United States.
Anthropic and Menlo Ventures Partner on AI Fund
Anthropic assists Menlo Ventures with a new $100 million fund for startups in the area of artificial intelligence.
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