News

Finance & Economics

European CEOs Hope to Avoid US Trade War

Media reports claim that at the World Economic Forum, which is taking place this week in Davos, Switzerland, European business leaders made statements to some extent downplaying concerns about the likely impact and consequences of a potential transatlantic trade war.

Blockchain & Crypto

CoinList and AngelList to Help Fund Crypto Startups

CoinList and AngelList jointly introduce Crypto Special Purpose Vehicles (SPVs) and Crypto Roll-Up Vehicles (RUVs) to streamline fundraising and investment management for crypto startups.

Fintech & Ecommerce

Revolut Automates Investments in Singapore With Robo-Advisor

Revolut is making automated investing more affordable and accessible with the launch of its robo-advisor product in Singapore for investments as low as $100.

Science & Technology

Netflix Shares Hit Record

On Wednesday, January 22, the value of Netflix shares increased by 13%, reaching an all-time high after the streaming giant, betting heavily on sports, was able to add 18.9 million subscribers in the holiday quarter, reinforcing the already significant advantages of the brand over other industry players.

Science & Technology

Adoption of AI in Cybersecurity Increases

Recently, there has been a tendency in the world to steadily increase the number of ways to commit financial crimes, including through fraudulent approaches to corresponding illegal activities, in the digital environment and this process demonstrates a significant degree of intensity and almost daily scaling, against which it is logical that the issue of cybersecurity […]

Fintech & Ecommerce

Ally Sells Credit Card Business to CardWorks

Ally Financial has sold its credit card business to Cardworks, a company that specializes in consumer finance.

Finance & Economics

Capital One’s Card Purchase Volumes Demonstrate Growth

Last Tuesday, January 21, Capital One published information on the results of its activities for the fourth quarter of 2024.

Finance & Economics

JPMorgan Chase CEO Says About Positive Effect of Donald Trump’s Tariff Policy

JPMorgan Chase chief executive officer Jamie Dimon said on Wednesday, January 22, that the expected implementation of the tightening of Washington’s tariff policy planned by President of the United States Donald Trump, which will affect, among other things, US allies, can be described as a positive factor.

Science & Technology

Goldman Sachs Launches Internal Gen AI Assistant

Goldman Sachs has launched an AI-powered assistant for its employees to enhance wealth management services. The firm hopes this smart tool will absorb Goldman’s corporate culture over the coming years making its assistance akin to the one provided by the company’s seasoned banker.

Science & Technology

Truecaller Expands on iOS

Truecaller brings its real-time caller ID and automated spam call blocking to iOS for the first time in a major update.

Science & Technology

SoftBank, OpenAI, Oracle Launch $500B AI Infrastructure Project

Stargate Project, a new company supported by SoftBank, OpenAI, Oracle, and MGX, aims to invest $500 billion over the next four years to build robust AI infrastructure in the United States.

Science & Technology

Oracle Launches AI Agents for Sales Professionals

Oracle on Tuesday, January 21, released a new set of artificial intelligence agents designed to help salespeople solve several tasks related to customer dealing.

Blockchain & Crypto

Binance CEO Says Bitcoin to Hit New All-Time High in 2025

Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.

Blockchain & Crypto

Bank of America CEO Says Financial Industry to Jump Into Crypto Payments

Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.

Science & Technology

Donald Trump Announces $500 Billion AI Infrastructure Investment

OpenAI chief executive officer Sam Altman, SoftBank CEO Masayoshi Son, and Oracle chairman Larry Ellison arrived at the White House on Tuesday, January 21, along with the President of the United States Donald Trump, and executives from other technology companies, to announce large-scale private sector investments in artificial intelligence infrastructure in the US.

Finance & Economics

Donald Trump Plans to Impose 25% Tariffs on Mexico and Canada

President of the United States Donald Trump announced last Monday, January 20, during a signing ceremony in the Oval Office that his administration would impose 25% tariffs on goods imported from Canada and Mexico from February 1.