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News

Perplexity AI Reportedly Aims to Raise $500 Million

Media reports that artificial intelligence search company Perplexity AI plans to raise investment funds for about $500 million as part of a new round of financing.

News

Santander Scales Geography of Platform Openbank

The Openbank digital banking platform, which is part of the Santander virtual ecosystem, has officially become available to consumers living in the United States.

News

Bank of America Allows Companies to Lock in FX Rates

Bank of America began to allow companies to lock in foreign exchange (FX) rates for up to one year.

News

IBM Releases New AI Models for Businesses

IBM on Monday, October 21, presented the latest version of its artificial intelligence models aimed at businesses.

News

Klarna Now Available at Checkout on Apple Pay

Users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later can now leverage all the benefits of Klarna flexible payment options.

Articles

Why Is Cash Still King in Most Parts of the World?

While some countries are consistently moving towards cashless economies, cash remains prevalent over other payment methods in several regions globally. What are the reasons for such persistence and what can be done to finally move cash from its pedestal?

News

Meta Releases Self-Taught Evaluator

Meta on Friday, October 18, announced that it has released a batch of new artificial intelligence models from its research unit.

News

Netflix Earnings Exceed Expectations

On Friday, October 18, the value of Netflix shares rose by 11% after the streaming giant on Thursday, October 17, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of experts regarding the dynamic of the corresponding indicator.

News

US Retail Sales Demonstrate Growth

In September, the United States recorded an increase in consumer spending, which is evidence of the sustainability of the country’s economic system, which is currently getting a boost from the Federal Reserve System.

News

US Weekly Jobless Claims Demonstrate Decrease

In the United States, the number of residents who filed new applications for unemployment benefits unexpectedly decreased last week, but at the same time, this indicator may remain elevated in the short term due to the effects of hurricanes Helen and Milton, which had a negative impact on the US labor market picture.

Finance & Economics

Joe Biden Administration Forgives $4.5 Billion in Student Debt

The administration of the President of the United States Joe Biden on Thursday, October 17, announced that it was forgiving another $4.5 billion in student debt to more than 60,000 borrowers.

Fintech & Ecommerce

Robinhood Launches Desktop Platform

Robinhood launched the long-awaited desktop platform on Wednesday, October 16.

News

Amazon Announces Its First Color Kindle E-Reader

Amazon on Wednesday, October 16, announced a new version of the Kindle e-book reader.

Finance & Economics

Morgan Stanley Earnings Exceed Estimates

Morgan Stanley on Wednesday, October 16, published information about its earnings for the third quarter of the current year.

News

Citigroup Reports Earnings

Citigroup on Tuesday, October 15, released information about its earnings for the third quarter of the current year, which exceeded the preliminary expectations of Wall Street analysts.

Society & Lifestyle

Starbucks Reportedly Scales Back Discounts and Promotions

It is expected that Starbucks will soon have fewer promotions, which will be the result of new solutions from this company.