US - page 51

News

US Treasury and IRS Propose Crypto Tax Reporting Rules

The new crypto tax proposal from the US Treasury and IRS regulates the sale and exchange of digital assets by brokers, aiming “to close the tax gap, address the tax evasion risks posed by digital assets, and help ensure that everyone plays by the same set of rules.”

Society & Lifestyle

Morgan Stanley & Crowley to Advance Wind Energy Solutions in US

The new joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities with Morgan Stanley Investment Management expertise to promote offshore wind energy solutions for the US.

Science & Technology

Reddit Launches Rewards Program for Moderators

Reddit announced the launch of a moderator assistance program.

Science & Technology

Meta Shuts Down Messenger Lite

Meta has taken action to terminate Messenger Lite, an optimized configuration of Messenger with limited capabilities compared to the original version of the application.

Science & Technology

X Seeks To Lure Smaller Businesses to Advertise on Its Platform

The social network X, formerly known as Twitter, announced the launch of a commercial initiative that is designed to stimulate small businesses to place advertising materials about their products and services on this virtual platform.

Finance & Economics

TD Bank Cooperates With Regulators on Anti-Money Laundering Issues

TD Bank announced cooperation with regulators and law enforcement agencies in the framework of the proceedings concerning the lender’s compliance with the provisions of the normative base defining the legal principles of combating money laundering.

News

Twilio Launches AI Tools

Twilio, a software company, presented new artificial intelligence tools for its customer interaction platform.

News

NVIDIA CEO Dispels Concerns About Deficit of Chips in AI Boom

NVIDIA Chief Executive Officer Jensen Huang said that investors’ concerns about a possible shortage of chips due to exceeding by the level of demand for these products the pace of production are not justified, and noted that there is no reason for any anxiety about this.

News

NVIDIA Reports Record Sales

NVIDIA has reported an increase in its sales to a record level amid a rapid growth in demand for artificial intelligence chips.

Finance & Economics

Citi Introduces New Offerings to Streamline Its Retail Banking Business

Citi has developed new proposals that should optimize the retail banking business of this lender.

Fintech & Ecommerce

FNBO and Visa to Release Digital Wallet Card

First National Bank Omaha (FNBO) announced the beginning of cooperation with Visa in order to provide its customers with the best service for working with a virtual wallet.

News

NVIDIA and VMware to Accelerate Generative AI Adoption

VMware and NVIDIA announced the expansion of the scope of strategic cooperation in order to provide businesses with assistance in implementing generative artificial intelligence in the process of their activities.

Science & Technology

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.

Fintech & Ecommerce

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.

News

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.

Finance & Economics

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.