News - page 19

Science & Technology

Apptronik Raises $350 Million

Apptronik, a University of Texas spin-out specializing in building humanoid robots, on Thursday, February 13, announced a $350 million Series A round of financing.

Finance & Economics

Donald Trump to Impose Reciprocal Tariffs as Soon as April

President of the United States Donald Trump has ordered his administration to consider imposing reciprocal tariffs on Washington’s numerous trading partners.

Finance & Economics

UK Escapes Recession Threat

At the end of 2024, unexpected growth was recorded in the economic system of the United Kingdom, which is because the increase in public spending provided the Labour government with a kind of reprieve after negative indicators.

Science & Technology

Apple Reportedly Partners With Alibaba in AI

Apple and its competitors in the Chinese smartphone market are currently actively fighting for the fastest possible adoption of rapidly improving artificial intelligence models in the Asian country, including from local developers of digital intelligence systems such as DeepSeek and Alibaba Group Holding.

Finance & Economics

Hong Kong to Ease IPO Rules for Mainland Chinese Companies

Hong Kong’s financial regulators have pledged to ease the listing requirements for companies based in mainland China, noting that these firms view the city’s stock market as a source of funding to support their ambitions to operate globally.

Fintech & Ecommerce

Stripe Reportedly Plots $85 Billion Employee Share Sale

The media published information according to which Stripe is currently in talks about selling stocks of employees at an $85 billion valuation.

Blockchain & Crypto

Visa and Fold to Launch Credit Card

Visa and Fold have collaborated to launch a credit card that offers bitcoin rewards.

Science & Technology

Workday Launches Tool for Managing AI Agent Fleets

Workday has launched a tool that helps companies manage their artificial intelligence agents.

Fintech & Ecommerce

DoorDash Says Digital Experiences Drive More Orders of Retail Goods

DoorDash announced an increase in the number of consumers who order from not only its initial offering-restaurants but also in new verticals that include a growing variety of retailers.

Science & Technology

Lam Research to Invest Over $1 Billion in India

United States-based chip toolmaker company Lam Research said it will invest more than 100 billion rupees ($1.2 billion) in the southern Indian state of Karnataka in the next few years.

Finance & Economics

Donald Trump Readies Reciprocal Tariffs

On Wednesday, February 12, the trade advisors of the President of the United States, Donald Trump, were finalizing plans for the reciprocal tariffs.

Finance & Economics

Donald Trump Calls for Lower Interest Rates

President of the United States Donald Trump switched his position on the Federal Reserve System again, posting a message on social media on Wednesday, February 12, that interest rates need to come down.

Finance & Economics

Bank of America CEO Says About Inflation Impact on US Economy

Bank of America chief executive officer Brian Moynihan on Wednesday, February 12, said that the strong consumer spending in the United States in the current year means that the Federal Reserve System is likely to hold off on cutting its benchmark interest rate.

Finance & Economics

CVS Health Reports Earnings

On Wednesday, February 12, CVS Health published information about its earnings for the fourth quarter of 2024, which exceeded preliminary expectations, although this company still continues to face problems in its insurance business, seeing higher medical costs.

Finance & Economics

US Consumer Prices Demonstrate Growth

In the United States, inflation showed an increase in January, which exceeded preliminary expectations regarding the dynamic of this indicator.

Society & Lifestyle

Mastercard Priceless Planet Coalition Sets Foot in Yunnan, China

The global collaborative environmental initiative by Mastercard has established a brand new site in China to help restore local biodiversity and natural resources.