Huawei’s Profit Doubles
According to the results of the last quarter, the profit indicator of Huawei Technologies Co. showed more than a twofold increase.
Report - page 107
Citi Uses Generative AI to Read New Capital Rules
Citigroup intends to provide more than 40,000 of its programmers with access to generative artificial intelligence amid Wall Street’s growing interest in advanced technology that is projected to surpass human mental abilities in the foreseeable future.
OpenAI Forms New Team to Reduce Risk From Future AI
OpenAI has started forming a new team of specialists who will be engaged in activities aimed at reducing to a minimum the degree of risks associated with the spread and integration of artificial intelligence into different spheres of life.
TSMC Founder Says About Impact of Tensions Between US and China on Global Chip Industry
Morris Chang, founder of Taiwan Semiconductor Manufacturing Co, one of the world’s largest chip fabricators, said that the current tension in relations between China and the United States is a factor negatively affecting the state of affairs in the sphere of global production of microcircuits, slowing down the processes in this industry.
Expert Says About Futility of US Attempts to Stop Huawei’s Technical Progress
Burn J. Lin, former vice president of Taiwan Semiconductor Manufacturing Co., said that, in his opinion, the United States will not be able to stop the development of Chinese companies, including Semiconductor Manufacturing International Corp. and Huawei Technologies Co., in the sphere of chip production.
X Plans to Compete With Youtube and LinkedIn
The executives of the social network X, which before the renaming was known around the world as Twitter, made a very ambitious and very intriguing statement that this virtual platform is currently exploring the possibilities of transforming the concept of functioning and positioning, which may result in the beginning of competition with services such as […]
IBM Software Sales Show Growth
IBM’s results for the third quarter did not match analysts’ expectations, but this is a pleasant case when reality turned out to be better than expectations.
Deutsche Bank Promises More Cash for Investors
The share price of Deutsche Bank showed an increase of almost 7% after the financial institution said that high profits meant paying shareholders a larger amount of cash over the next two years than initially expected.
Apple Announces Pre-Halloween Event
The media reports that Apple will offer fans of this brand a kind of gift on the eve of Halloween, which consists of the opportunity to look at the new laptops of the Mac line.
Paramount+ Launches Premium Internationally
The active emergence of new consumer coverage formats currently observed in the sphere of streaming, aimed at creating the most favorable conditions for interaction with virtual platforms for representatives of various groups from the point of view of financial well-being, prompted Paramount + to launch its premium tier on an international scale.
Truist Bank Collaborates With Trovata to Improve Liquidity Management
Truist Bank announced the beginning of a partnership with Trovata, which is a provider of banking application software interfaces (APIs) and corporate cash management services.
U.S. Bank Launches Avvance Installment Payment Tool
U.S. Bank announced the launch of a tool, the use of which provides businesses with the opportunity to offer consumer financing at points of sale.
Apple Reveals Plan to Democratize Repairs
Apple has announced its plans to provide tools, spare parts, and documentation necessary for the repair of the company’s devices to independent workshops and consumers in the United States.
Amazon Reportedly Considers Expansion Into Veterinary Telehealth
The media reports that Amazon is currently exploring the possibility of expanding its corporate sphere of telemedicine into veterinary as part of its attempt to improve its position in competition with Walmart.
JPMorgan CEO Criticizes Central Banks for Wrong Forecasts
Jamie Dimon, Chief Executive Officer of JPMorgan Chase & Co, said that the fact that central banks in early 2022 released forecasts about the development of the situation in the financial and economic environment, which did not come true, should prompt some humility regarding the preliminary vision of the state of affairs in the mentioned […]
BNY Mellon Rolls Out White Labeling Service
The Bank of New York Mellon has presented a White Labeling service for its LiquidityDirect platform.
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