PacWest to Merge With Banc of California
PacWest Bancorp plans to implement a merger deal with Banc of California.
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Spotify Raises Its Premium Subscription Price
Streaming service Spotify has announced an increase in the cost of an individual tariff plan without advertising, to which 200 million people have subscribed.
Apple Opens Applications for Vision Pro Developer Kit
Apple has decided to open applications for the Vision Pro developer kit.
Netflix Launches New Tool
A new tool has appeared on the online platform of the streaming service Netflix, which is designed to search for content.
SoftBank and Symbiotic Collaborate to Offer Automated Warehouses
SoftBank Group last Monday, July 24, announced the creation of a joint venture with Symbotic, which was named GreenBox Systems LLC.
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
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.
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