US - page 27

News

Amazon Hits $2 Trillion in Value

Amazon.com Inc. has reached a market capitalization of $2 trillion for the first time in its history.

News

China Considers Countermeasures After US Intention to Curb Outbound Tech Investment

The Chinese Ministry of Commerce made harsh statements to the United States after it became known that Washington plans to impose restrictions on investments in the high-tech sector intended for Beijing.

Science & Technology

ByteDance & Broadcom Work on Advanced AI Chip

TikTok parent company, ByteDance, has partnered with American semiconductor and software provider Broadcom to develop a high-end AI chip, addressing the issues with U.S. export control.

News

OpenAI Buys Enterprise Startup

OpenAI has bought Rockset, a startup that specializes in enterprise search and analytics.

News

Target to Roll Out AI Chatbots in US Stores This Summer

American retail giant Target aims to facilitate internal operations in nearly 2,000 stores across the United States with a handy AI assistant called “Store Companion”.

News

US Sues Adobe for Hiding Fees

On Monday, June 17, the United States government sued Adobe, maker of Photoshop and Acrobat, accusing the company of harming consumers by hiding high fees for terminating subscriptions in the most popular tariff plan and making it difficult to cancel subscriptions.

Science & Technology

Apple Edges Past Microsoft in Value

Last Thursday, June 13, Apple became the most valuable public company in the United States, displacing Microsoft from the corresponding position.

News

Broadcom Shares Rise

On Thursday, June 13, the value of Broadcom shares showed an increase of approximately 12% after the company published information on the economic results of its activities for the second fiscal quarter.

Finance & Economics

Fed Keeps Interest Rates at 23-Year High

The Federal Reserve on Wednesday, June 12, announced that its benchmark lending rates remain at the current level.

Science & Technology

US Reportedly Considers Further Restrictions on China’s Access to Chip Technology

The media reported that the administration of the President of the United States Joe Biden is currently considering the possibility of introducing additional restrictive measures regarding the possibility of China’s access to chip technologies.

Fintech & Ecommerce

Morgan Stanley Says AI Helps Financial Advisers Save Time

Morgan Stanley CEO Ted Pick said that the ability of artificial intelligence to transcribe conversations and categorize them by topic could save financial advisers 10 to 15 hours a week.

Finance & Economics

U.S. Bank Launches Partnership With Greenlight

U.S. Bank has launched a collaboration with Greenlight, which is aimed at improving the level of financial education.

Science & Technology

US Regulators Reportedly to Open Antitrust Probes Into Nvidia, Microsoft and OpenAI

In the United States, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) intend to launch an antitrust investigation against Microsoft, OpenAI and Nvidia.

Fintech & Ecommerce

Janet Yellen Warns AI Risks in Finance

The United States Treasury Department on Thursday, June 6, announced that it is seeking public comments on the assessment of the practice of using artificial intelligence technologies in the financial services industry.

Science & Technology

Nvidia Hits $3 Trillion in Market Value

Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.

Finance & Economics

ECB’s Inflation Challenge Resembles Similar US Problem

In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]