Bunq Sees Record Funding Year With Fresh €44.5M Investment
Europe’s largest neobank bunq secures additional growth capital, bringing the total yearly investments to nearly €100M
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Capital One Publishes Results for Second Quarter of 2023
The American bank holding company Capital One has released financial results for the second quarter of 2023.
Netflix Reduces Availability of Ad-Free Plan
Netflix announced a restriction on the availability of the cheapest monthly tariff plan, which provides for the absence of advertising.
Citi Rolls Out Working Capital Loans
Citi announced its intention to meet the working capital needs of commercial clients as part of its activities.
Microsoft CEO Defends AI Pricetag
The CEO of Microsoft said that the decision of the technology giant to charge a fee of $30 per month for consumers’ access to artificial intelligence functions was fair and justified.
Ripple Court Ruling Explained: Consequences & Market Impact
One small step for Ripple, one giant leap for the crypto industry – here is how Ripple’s partial win in SEC lawsuit will impact the company and its competitors
Twitter Loses Nearly Half Advertising Revenue
The level of Twitter’s revenue from placing advertising materials on this virtual platform has almost halved after Elon Musk became the owner of the social network in October last year.
Startup Character.AI Plans New Funding Round
The media, citing their sources, report that the startup Character.AI, which carries out activities in the area of artificial intelligence, which its name partially hints at, plans to hold a new round of raising investment funds.
Bank of America Uses AI to Train New Hires
Bank of America uses artificial intelligence, Metaverse, and virtual reality to train 2,000 of its new employees as part of an immersive program.
Silo Technologies Raises $132 Million
Silo Technologies reported that it managed to raise investment funds for $132 million.
Meta Reportedly to Launch Commercial Version of Its AI Tool
The media reported that Meta is currently working on creating a commercial version of its artificial intelligence tool.
Elon Musk Launches AI Company
Elon Musk announced the creation of the company xAI, which will carry out activities in the area of artificial intelligence.
Amazon Prime Day Boosts Online Sales in US
During the first 24 hours of Amazon Prime Day, American Internet users spent $6.4 billion on making purchases on virtual commercial platforms.
JPMorgan Boosts Business
The March collapse of the Silicon Valley Bank was a kind of signal for JPMorgan to take action aimed at filling the vacuum in the part of the financial system where the interaction of creditors with startups was developing.
Everything You Need to Know About a K-1 Form
If you have a business partnership or corporation, you’ll likely need to file a K-1 Form for tax purposes. But you might not be familiar with how it works and how to file it.
Citi Debuts Digital Platform for Commercial Banking Customers
Citi announced the launch of a digital platform that is designed for clients of a financial institution from commercial banks.
