Tech Giant Meta Launches AI Model for Speech and Text Translations
Meta has developed a new model of artificial intelligence, with which users will be able to translate speech and text materials into almost 100 languages.
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Bank of America Announces Expansion to Its Customized Cash Rewards Credit Card
Bank of America (BoA) announced the expansion of the use scale of its Customized Cash Rewards credit card, which provides owners with additional benefits and opportunities when receiving cashback in several categories.
Cross River Bank and FinTech Platform Current to Launch New Credit-Building Product
Cross River Bank has reached an agreement with the Current fintech platform on cooperation within the framework of the project to launch a new loan product.
Goldman Sachs Reportedly to Sell Its Personal Financial Management Business
The media reported that in the future, Goldman Sachs may decide to sell its personal finance management business.
China Fines US Firm Mintz Group
China has fined the American company Mintz Group, which specializes in corporate legal expertise.
S&P Global Ratings Downgrades Five Regional US Banks
S&P Global Ratings has revised down the ratings of five regional banks in the United States.
Meta Reportedly to Launch Web Version of Threads
The media reports that Meta is currently working on creating a web version of Threads, a virtual platform competing with Twitter.
Citigroup CEO Reportedly Weighs Plan to Break Up Corporation’s Biggest Unit
The media reports that currently, the chief executive officer of Citigroup Jane Fraser is considering the possibility of creating a plan to break up the largest unit of this corporation as part of a restructuring strategy.
Amazon Launches In-House Shipping Service After Hiatus
Amazon announced the resumption of the process of functioning of the shipping service, which was suspended during the coronavirus pandemic.
Company Applied Materials Publishes Positive Forecast for Future
Applied Materials, an American company that manufactures equipment necessary for the production of chips, has released a forecast for the current quarter, which contains optimistic expectations and statements about the likely weakening of the downturn in the industry.
Comerica Bank Unveils New Business Banking Solutions
Comerica Bank, headquartered in Dallas, Texas, announced the launch of a new set of solutions for small business and business banking clients.
Ohio-Based Peoples Bank Launches Credit Card Program
Peoples Bank, which is based in Ohio, announced the launch of the Corserv credit card program.
New York City Bans TikTok on Government Devices
New York last Wednesday, August 16, decided to ban the use of the TikTok app on government devices.
IBM Develops Prototype Brain-Like Chip
The technology giant IBM is currently developing a prototype of a chip similar to a human brain and states that within the framework of this project, the issue of improving the energy efficiency of artificial intelligence is being solved.
Coinbase to Offer Crypto Futures to US Customers
Coinbase gained regulatory approval to operate a Futures Commission Merchant (FCM) and offer eligible US customers access to crypto futures
Intel Abandons Its Attempt to Acquire Tower Semiconductor
Intel Corporation announced the termination of attempts to acquire the Israeli company Tower Semiconductor.
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