Thomas Barkin Says About US Ongoing Battle Against Inflation
Thomas Barkin, President of the Federal Reserve Bank of Richmond, said that the process of combating inflation is currently underway in the United States.
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Micron Stocks Drop
Shares of Micron Technology, the largest memory chip manufacturer in the United States, turned out on a downward trajectory after the company’s forecast disappointed investors who had expected greater benefits from the so-called artificial intelligence boom.
Nubank Acquires Hyperplane
Nubank’s digital banking platform has implemented the deal to acquire Hyperplane, a company specializing in data intelligence.
Malaysia Gains Chinese Investors to Build More Data Centers
Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.
ECB’s Olli Rehn Sees Bets for Two More Cuts in 2024 as Reasonable
Expectations that the European Central Bank will adjust the current configuration of its monetary policy twice more this year by lowering the cost of borrowing are fair, according to Governing Council member of the financial institution Olli Rehn.
Pismo Activates Ledger Update
Pismo, a global cloud-native provider of core banking services and bank card processing, has announced that a significant upgrade has been made to its authorization engine.
German Business Expectations Fall
Germany’s business outlook showed a deterioration for the first time in five months, a sign that Europe’s largest economic system is facing various difficulties and obstacles on its way to recovery.
Anthropic Releases New AI Model
Anthropic, a startup operating in the artificial intelligence industry, has developed a new AI model.
Swiss National Bank Cuts Rate Again
The Swiss National Bank decided to cut interest rates for the second meeting in a row.
Nvidia Surpasses Microsoft as World’s Most Valuable Company
Nvidia, the main beneficiary of the ongoing scaling process of the so-called artificial intelligence boom on Wall Street, has become the most valuable company in the world.
Stripe Plans to Let Employees Cash Out Shares
Stripe fintech company intends to provide its employees with the opportunity to cash out some of their shares.
China Seeks to Make Green Hydrogen One of Pillars of Economy
Last week, at the International Carbon Neutrality Expo in Shanghai, many scale models were presented that allowed experts to form a preliminary idea of how China intends to use hydrogen energy.
Shanghai Yangpu District Seeks to Expand Its Growing Digital Ecosystem
Shanghai’s northeastern Yangpu district, which has already become a kind of hub for many large technology companies, is seeking to gain smaller-scale firms.
Radar CEO Says Geolocation to Drive Future of Digital-Physical Commerce
Radar CEO and co-founder Nick Patrick, during a conversation with media representatives, said that currently there is a kind of transformation in the orientation of geolocation and geofencing, which are gradually shifting the focus from advertising to the product.
UK Unemployment Hits 2.5-Year High
In the United Kingdom, unemployment unexpectedly rose, reaching its highest level in more than two and a half years.
UK Tech Bosses Urge Focus on AI Skills in High-Stakes Election
Currently, in the United Kingdom, local executives in the technology area and entrepreneurs declare their desire for the next government of this country to focus on the development of skills related to artificial intelligence and on fiscal measures aimed at providing conditions for the implementation of the economic growth process.
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