Explained - page 20

Science & Technology

Mistral AI Launches Web Search

French startup Mistral AI is updating its virtual assistant based on generative artificial intelligence le Chat.

News

New Nvidia AI Chips Reportedly Overheat in Servers

Media reports that Nvidia’s new Blackwell AI chips have encountered problems with accompanying servers that overheat.

Finance & Economics

Nomura Expects Fed to Pause Rate-Cut Cycle

Experts at the Japanese financial company Nomura expect that the Federal Reserve will not decide on cutting interest rates at its monetary policy meeting next month.

News

QR Codes Take 20% of All Online Scams

QR codes have recently become one of the most common tools for committing crimes among scammers who operate in the virtual space.

Fintech & Ecommerce

Discover and Telered Partner to Improve Payment Experience in Panama

Discover Financial Services and Telered, the main operator of electronic transactions and payment methods in Panama, have entered into a partnership aimed at improving the quality of payment operations for residents of the mentioned country, local merchants, and visitors.

Science & Technology

US Finalizes $6.6 Billion Chips Award for TSMC

The United States Commerce Department on Friday, November 15, announced that it finalized a $6.6 billion government subsidy for the US unit of Taiwan Semiconductor Manufacturing Co (TSMC).

News

Fed’s Susan Collins Says About Prospects of December Rate Cut

Federal Reserve Bank of Boston President Susan Collins on Friday, November 15, during a conversation with media representatives, stated that cutting interest rates in the United States in December remains on the table, noting separately in this context that the relevant decision of the US financial regulator will be based on the coming data on […]

Finance & Economics

China’s Stimulus Measures Raise Domestic Consumption

For China, the fourth quarter of the current year began and continues as a period of a more balanced condition of the local economic system, which in recent years has been facing various challenges that have a significant sensitive impact on the situation in the relevant space.

News

Foxconn Reports Q3 Earnings

Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, on Thursday, November 14, released information about its earnings in the third quarter of the current year.

Science & Technology

ASML Predicts Growth Continuing

ASML, a Netherlands-based manufacturer of equipment for making chips, on Thursday, November 14, stated that it expects sales growth in the range of 8% to 14% over the next five years.

Fintech & Ecommerce

Fintech Zopa Aims to Double Profit

Digital lender Zopa, headquartered in London, is currently on track to double profits and to the growth of annual revenue by more than a third in 2024.

Finance & Economics

US Inflation Stays Firm

In the United States, inflation remained firm last month.

News

Vietnam Expands Chip Packaging Footprint

Currently, there is a tendency in Vietnam, in which foreign companies are expand their chip testing and packaging capacities in this country, and homegrown firms are eyeing investments.

Finance & Economics

SoftBank Reports Quarterly Earnings

The Japanese SoftBank Group on Tuesday, November 12, published information about its earnings for the second quarter of the fiscal year, which will end on March 31, 2025.

News

Meta Tests Experiential Retail to Sell Smart Glasses

Meta is currently promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles, where visitors have the opportunity to personally test this product.

Finance & Economics

SoftBank Reportedly to Book $1.87 Billion Profit on IPOs

Japanese technology investor SoftBank Group is expected to report a quarterly profit of 287 billion yen ($1.87 billion) on Tuesday, November 12.