Report - page 99

Finance & Economics

Bank of England Opens Prospect of Rate Cuts in 2024

For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.

News

Qualcomm Reports Earnings

Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.

Fintech & Ecommerce

Mastercard Launches AI Model

Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.

Fintech & Ecommerce

Experian Launches Security Tool for Car Dealers

Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.

News

FIS Launches Networking Program

Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.

Science & Technology

OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons

OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.

Finance & Economics

German Prices Ease More Than Expected

At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.

Finance & Economics

Probability of Interest Rate Cut by Bank of England Grows

The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.

Science & Technology

India Cuts Tariffs to Entice iPhone Manufacturing

The Indian leadership has decided to reduce taxes on the import of several components for mobile devices.

Science & Technology

Samsung Electronics Posts Drop in Operating Profit

Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.

News

Nvidia Joins Funding for AI Chatbot Maker Kore.ai

Nvidia Corp. joined the $150 million capital infusion into the chatbot creator Kore.ai.

Finance & Economics

IMF Lifts World Economic Outlook

The International Monetary Fund (IMF) has improved its forecast for global economic growth in 2024.

Science & Technology

China Approves 14 Large Language Models

In China, local authorities have approved the launch of the first batch of large language models (LLM) this year.

News

Amazon Terminates iRobot Deal

Amazon.com Inc. refused to implement the deal for the acquisition of iRobot Corp.

News

AI Startup Sierra Reportedly Plans to Raise $85 Million

The media reports that Sierra startup, which is focused on enterprises and operates in the sphere of artificial intelligence, is approaching the status of a unicorn with new investments.

News

Evergrande Approaches Liquidation

The Chinese Evergrande Group received a liquidation order from the Hong Kong court, which marked the beginning of a complex process to carve up one of the main casualties of the largest property crisis, which had a widespread negative impact on the state of the world’s second-largest economy.