Report - page 89

News

India Seeks to Be Global Chip Powerhouse

Ashwini Vaishnaw, India’s minister of electronics and information technology, railways, and communications, during a conversation with media representatives, said that this country is striving to be on the list of the world’s five largest semiconductor manufacturers within the next five years.

Finance & Economics

China’s Property Market Shows No Sign of Rebound

The Chinese real estate sector, which is one of the most important components of the economic system of this country and has been in deep crisis for several years, currently shows no signs of recovery and does not signal any foreseeable positive prospects.

News

BNP Paribas Cuts Investment Banking Bonuses

BNP Paribas has cut bonuses in its investment banking unit.

News

Apple to Pay $490 Million to Settle Class-Action Lawsuit

Apple agreed to pay $490 million to settle a class-action lawsuit that claimed that the company’s chief executive, Tim Cook, was involved in deceiving shareholders by hiding information that iPhone sales had significantly decreased in the Chinese smartphone market.

Science & Technology

Cyber Startup Wiz Reportedly to Acquire Gem Security

According to preliminary information, cloud cybersecurity startup Wiz Inc will acquire Gem Security.

News

Adobe Faces Its Biggest Downturn in More Than 20 Years

On Friday, March 15, a decrease in the price of Adobe shares was recorded after the company released its sales outlook for the current quarter, which turned out to be disappointing compared to preliminary expectations regarding what commercial goals the firm sets for itself.

Science & Technology

Apple Reportedly Acquires AI Startup

The media reports that Apple Inc. has acquired the Canadian artificial intelligence startup DarwinAI, strengthening its own capabilities before the start of the landmark process of large-scale implementation of advanced technology in the current year.

News

Robinhood Jumps After Growth in Assets

The cost of Robinhood shares on Thursday, March 14, showed growth of nearly 9% after the company reported a significant increase in assets under custody over the past month.

Fintech & Ecommerce

Oracle Presents AI Capabilities for Finance and Supply Chain

Oracle has added new generative artificial intelligence capabilities to its Fusion Cloud Applications Suite.

News

Nvidia Faces High Investor Expectations at AI Conference

Next week Nvidia Corp. will hold an annual conference on artificial intelligence, but already now this developer of advanced chips is facing high expectations regarding the news at the planned event.

News

Goldman Sachs Reportedly Plans Expansion of Its Private Credit Portfolio

The media reports that Goldman Sachs Asset Management intends to significantly expand its private credit portfolio.

News

DoorDash Uses AI to Detect Verbal Abuse

DoorDash has announced the addition of a new artificial intelligence-based feature to its corporate functional space.

News

Goldman Sachs and BNY Mellon Reportedly Join Blockchain Project

The media reports that Goldman Sachs and BNY Mellon are expanding the scope of their interaction with the functional space of blockchain transactions.

News

Apple to Allow iPhone App Downloads From Websites in Europe

IPhone owners who live in European Union countries will be able to download apps for their smartphones from websites, instead of through the App Store or a competing virtual store of digital products.

Finance & Economics

JPMorgan CEO Says About Probability of US Recession

JPMorgan Chief Executive Officer Jamie Dimon on Tuesday, March 12, during a video conference at the Australian Financial Review business summit in Sydney, said that, in his opinion, one should not deny the likelihood of a recession in the United States.

News

JPMorgan to Make AI Part of Management Conversation

The importance of artificial intelligence for JPMorgan continues to increase, as evidenced by the statement of the CEO of this financial institution Jamie Dimon that in the structure of the functioning of the bank, advanced technology can get its own reporting line beyond the larger team of specialists of the lender.