IMF Chief Says About Advantage of Late Fed Rate Cuts
The head of the International Monetary Fund, Kristalina Georgieva, said that the Federal Reserve and other major central banks face great risks if they decide to ease monetary policy too early.
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Apple Starts Vision Pro Headset Sales
Apple on Friday, February 2, launched sales of its new product, which is an augmented reality headset called Vision Pro, in the United States market.
Google Maps to Add AI-Powered Recommendations
Google Maps will soon help customers discover new places by launching a new feature powered by generative artificial intelligence technology.
Lenovo’s Bad Week Highlights Fear Over US Sanctions
Lenovo Group spent last year in high spirits, influenced by a sense of unshakeable optimism about the prospects for artificial intelligence, but 2024 began for the company in a negative scenario, showing more reasons for pessimism against the background of geopolitical tensions, including in the context of a marked deterioration in relations between the United […]
Apple Sales Boost Profits
Apple’s sales figures for the fourth quarter of 2023 signal that this giant of the technology industry, under the management of Tim Cook, is finally starting to take steps along roads of success, which was something like a natural environment for this company for a long time, but has recently become an inaccessible or hard-to-reach […]
Meta, Amazon Surge by $272 Billion
The e-commerce giant Amazon and one of the largest players in the global technological industry Meta have been focused over the past year on implementing measures aimed at reducing costs and reorienting their business.
Bank of England Opens Prospect of Rate Cuts in 2024
For the first time since the beginning of the coronavirus pandemic, the Bank of England opened the door to cut interest rates, confirming forecasts that the inflation rate will reach the target level in the coming spring, and warning of the likelihood of renewed price pressure.
Qualcomm Reports Earnings
Qualcomm last Wednesday, January 31, published its financial results for the quarter ended December 24, 2023.
Mastercard Launches AI Model
Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.
Experian Launches Security Tool for Car Dealers
Experian has introduced Fraud Protect, a tool with which car sellers will be able to record and prevent criminals from interfering in the process of interacting with customers to steal money or gain access to data classified as confidential information.
FIS Launches Networking Program
Technology company FIS, which specializes in providing financial services, announced the launch of the FIS Fintech Hangouts 2024 series.
OpenAI GPT-4 Poses Little Risk of Helping Create Bioweapons
OpenAI reported that its most powerful artificial intelligence software, called GPT-4 poses a degree of risk in the framework of a potential scenario for its use by humans to create biological weapons.
German Prices Ease More Than Expected
At the beginning of the current year, inflation in Germany showed a slowdown, the pace of which turned out to be more significant than initial expectations for the dynamic of the decrease in the intensity of growth in the cost of goods and services.
Probability of Interest Rate Cut by Bank of England Grows
The Bank of England on Thursday, February 1, is likely to keep the interest rates at 5.25%, keeping this indicator within what can be described as sustainable stability.
India Cuts Tariffs to Entice iPhone Manufacturing
The Indian leadership has decided to reduce taxes on the import of several components for mobile devices.
Samsung Electronics Posts Drop in Operating Profit
Samsung Electronics on Wednesday, January 31, published data according to which the company’s operating profit for the fourth quarter of last year showed a decline of 34.57% compared to the result for the same period in 2022.
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