Report - page 109

News

Intel and DigitalBridge Establish Generative AI Company

Intel and DigitalBridge Group are jointly establishing the company Articul8, which will provide corporate clients access to a secure and vertically optimized software platform for creating artificial intelligence.

Science & Technology

Barclays Warns on Cooling iPhone Demand

The price of Apple shares on Tuesday, January 2, showed a drop of 3.6%.

Finance & Economics

US National Debt Hits $34 Trillion

The debt of the Government of the United States has exceeded the $34 trillion mark for the first time in history.

News

FinTech KindCard Plans to Acquire Banking Platform OpenTransact

The fintech company KindCard, specializing in the provision of payment services, intends to acquire the OpenTransact banking platform.

Finance & Economics

UK Executives Urge Bank of England to Cut Rates

In the United Kingdom, the executives of local companies appealed to the Bank of England to lower interest rates shortly, arguing that this decision by the financial regulator would be able to support the country’s weakening economic system after the so-called depressed confidence turned out to be at a four-month low.

News

HSBC Completes Sale of Its French Retail Banking Business

HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.

News

Meta Cuts Prices for Quest 2 Headset

Meta has reduced the cost of the Quest 2 virtual reality headset.

News

China’s Factory Activity Picks Up

A private gauge of factory activity in China showed an increase in December.

Finance & Economics

China Injects $50 Billion Into Some Banks

Last month, the People’s Bank of China injected almost $50 billion into policy-oriented lenders.

News

ASML Suspends Some China Exports

The Dutch company ASML, which specializes in the manufacture of equipment for the production of chips, announced an order received from the Netherlands government to stop supplying some of its products to China.

News

Nokia Says About Negative Prospects of Sales

Nokia Oyj said it will not be able to meet its annual forecast for sales, operating margin, and free cash flow.

News

Nomura Downgrades Uber and Lyft

Ridesharing giants Uber and Lyft achieved good results in 2023, the main one being revenue growth, but 2024 will be a period of difficulties for them.

News

OnlineCheckWriter.com Launches Cloud Banking Service in Oman

B2B Payment Platform OnlineCheckWriter.com expanded the geography of using its cloud banking service.

News

GitHub Expands Availability of AI Assistant

GitHub has made its Copilot Chat generally available to organizations and individuals.

Finance & Economics

US Overtakes China as South Korea’s Top Export Market

In December, shipments of goods produced by South Korean companies to the United States exceeded exports to China.

News

India-Based Car-Sharing Platform Zoomcar Goes Public

Zoomcar, an Indian peer-to-peer carsharing platform that targets emerging markets, has gone public.