Klarna Partners JPMorgan Payments
Popular BNPL provider Klarna keeps expanding its reach and accessibility through collaboration with JPMorgan Payments.
News - page 21
Sardine Raises $70 Million
Sardine raised $70 million in a Series C funding round.
Baidu CEO Says About AI Spend
Baidu chief executive officer Robin Li said on Tuesday, February 11, that investments in data centers and cloud infrastructure are still necessary, even though the example demonstrated by DeepSeek contains reasons to doubt the cost efficiency of large artificial intelligence models.
EU to Mobilize 200 Billion Euros for AI Investments
European Commission President Ursula von der Leyen said on Tuesday, February 11, that the European Union would mobilize a total of 200 billion euros ($206.5 billion) to invest in artificial intelligence in the region.
Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates
Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.
Donald Trump Raises Tariffs on Aluminum and Steel Imports
President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]
BNPL Startup Tabby Prepares for IPO with Top Banks’ Help
One of the Middle East’s first fintech unicorns, BNPL startup Tabby is consulting with HSBC, JPMorgan, and Morgan Stanley ahead of its prospective IPO.
AI Funding Surges 62% Despite Overall Decline
In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.
RedotPay, StraitsX and Visa to Launch Crypto Credit Card
RedotPay and StraitsX offer crypto enthusiasts another way to spend their cryptocurrencies effortlessly at millions of Visa-accepting merchants worldwide.
Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs
Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI
On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.
Ripple and Unicâmbio to Power Brazil-to-Portugal Payments
The Ripple blockchain company has launched the process of partnership with the Portuguese currency exchange provider Unicâmbio.
Web3 Exec Says Current Chain Abstraction Methods Fragment Crypto
Industry executives and competing companies continue to try to grapple with abstracting away from the complexities of blockchain for the end user.
University of Austin Launches $5 Million Bitcoin Investment Fund
The University of Austin is launching a $5 million Bitcoin fund, which is another evidence of the realization of the tendency of growing institutional interest in cryptocurrencies.
Changpeng Zhao Admits Binance Token Listing Needs Reform
Changpeng Zhao, co-founder and former chief executive officer of Binance, stated that the listing process on cryptocurrency exchanges contains disadvantages.
Tether CEO Says Quantum Сomputing to Bring Lost Bitcoin Back in Circulation
Tether chief executive officer Paolo Ardoino predicts that quantum computing will eventually crack Bitcoin wallets classified as inactive and return digital assets to circulation.
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