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News

First Bank Launches Backbase’s Engagement Banking Platform

Backbase, which is currently a global leader in advanced sphere interacting banking, announced that First Bank, based in St. Louis, Missouri, has started operating on the Backbase Engagement Banking platform.

Fintech & Ecommerce

TD Bank and Plaid to Simplify Access to Apps

TD Bank Group and fintech company Plaid have announced a joint effort to eliminate the need to provide login credentials to third-party apps for customers of the mentioned financial institution in the United States and Canada.

News

Intel Presents Server and PC Chips

Intel Corporation, the largest manufacturer of processors for personal computers, has announced new chips for PCs and data centers.

Finance & Economics

Fed Signals Possibility of Rate Cuts

The Federal Reserve has said that the current cycle of interest rate hikes may be completed soon.

Science & Technology

Adobe Predicts Longer AI Boost

Adobe Inc. has released a restrained sales forecast for next year, which has caused investors to be disappointed. who expected that the new tools of generative artificial intelligence would provide intensive growth in the indicators of activity of this software developer.

News

Gina Raimondo Comments Designing by Nvidia AI Chips for China

Commerce Secretary Gina Raimondo said that the United States is currently looking into the characteristics of three new artificial intelligence accelerators that Nvidia is developing for the Chinese market.

Science & Technology

Nokia Cuts 2026 Profitability Goal

Nokia Oyj has worsened its long-term profitability target.

Science & Technology

Pew Research Report Shows Choice of American Teens in Favor of YouTube and TikTok

A new report by the Pew Research Center on the use of social networks and the Internet indicates that American teenagers often spend time on virtual platforms, which is not a sensation or little expected news, but the choice of representatives of the younger generation in this matter deserves attention.

Fintech & Ecommerce

Amazon Tests New Grocery Subscription

Amazon is currently testing a new grocery subscription for members of its Prime program.

News

JPMorgan CEO Criticizes Cryptocurrency

JPMorgan Chase CEO Jamie Dimon last Wednesday, December 6, during a speech on Capitol Hill, proposed a ban on cryptocurrency in the United States.

Science & Technology

Chip Company ASM to Build US Base in Arizona

The Dutch company ASM International NV, which specializes in the manufacture of equipment for making chips, intends to invest $324 million in a new headquarters in the US state of Arizona.

News

Bank of America CEO Says About Normalization of US Economy

Brian Moynihan, CEO of Bank of America, said that the American economic system, in his opinion, is moving towards the realization of optimistic prospects in the foreseeable future, noting that it is likely to be expected to have a so-called soft landing rather than a recession.

Finance & Economics

Wells Fargo CEO Says About Potential Consequences of Fed Asset Cap

Chief Executive Officer of Wells Fargo & Co. Charlie Scharf said that the limitation of the assets of the Federal Reserve System is currently not a factor of significant influence on the process of activity of the financial institution he heads, but suggests that the situation will change in the future.

Science & Technology

Bumble Launches AI-Powered Conversation Starters and Plans for Friends

Bumble For Friends, which in the digital age helps people communicate with each other and find new friends in the virtual space, announced the launch of two functional solutions called Conversation Starters and Plans.

Finance & Economics

Goldman Sachs Favors Options to Counter Intensive Rate-Cut Pricing

Goldman Sachs thinks that there is currently an overly optimistic mood in the financial markets regarding the possible range of interest rate cuts by the Federal Reserve next year.

News

Judge Blocks TikTok Ban in Montana

Last Thursday, November 30, in the United States, a federal judge’s decision temporarily halted a ban on a virtual platform for creating and watching short videos and online broadcasts of TikTok in Montana, which was supposed to take effect in early 2024.