Report - page 116

News

Qashio and CredibleX to Provide Financing to Businesses in MENA Region

Qashio and CredibleX have established cooperation within the framework of the Middle East and North Africa (MENA) Business Finance Initiative.

News

Mastercard and 4thWave to Drive B2B Payments Across EEMEA

Mastercard has partnered with 4thWave, a provider of an innovative digital platform for finance and banking as a service (BaaS), to optimize business-to-business (B2B) payment flows.

News

Samsung Posts Sixth Straight Quarter of Declining Operating Profit

Samsung Electronics Co. recorded a decline in operating profit for the sixth consecutive quarter.

Science & Technology

Apple’s Vision Pro Headset to Go on Sale on February 2

It became known that Apple will launch sales of the Vision Pro mixed-reality headset on February 2.

Science & Technology

McAfee Presents AI-Powered Deepfake Audio Detection

At CES 2024, McAfee presented a technology for detecting audio deepfakes based on artificial intelligence called Project Mockingbird.

Blockchain & Crypto

Bitcoin-Accepting Merchants Grew 174% in 2023

The number of merchants accepting Bitcoin payments increased almost threefold last year, with a notable concentration in Europe and Latin America.

News

Jefferies Analysts Warn About Significant iPhone Sales Fall in China

Analysts at Jefferies Independent Investment Bank, led by Edison Lee, believe that the decline in sales of iPhone smartphones in the Chinese market will show a strengthening trend in the foreseeable future.

Fintech & Ecommerce

Ant Group Reportedly Plans to Purchase MultiSafepay

The media reports that the Chinese Ant Group is currently preparing to implement its intention to acquire the Dutch payment company MultiSafepay.

Science & Technology

Foxconn Expects Decline in Sales

Foxconn warned of a fourth consecutive decline in quarterly sales.

Science & Technology

Jeff Bezos Invests in Startup Perplexity

Jeff Bezos, the founder of Amazon, became one of the sponsors of the company, which is not yet two years old.

News

Joe Biden Administration Announces $162 Million to Expand Computer Chip Factories in US

The administration of the President of the United States Joe Biden is allocating $162 million in funding to Microchip Technology as part of support for the homegrown production of computer chips.

Finance & Economics

Chinese Shadow Bank Zhongzhi Files for Bankruptcy

The Chinese shadow banking giant Zhongzhi Enterprise Group Co. has filed for bankruptcy.

Fintech & Ecommerce

Adyen and Straumur to Enhance Payment Processing in Iceland

Adyen, a global financial platform based in the Netherlands, announced the beginning of cooperation with the Icelandic firm Straumur, which is a subsidiary of Kvika.

Science & Technology

OpenAI Reportedly to Launch Online Store Next Week

The media reports that OpenAI, which has developed the world’s most popular chatbot based on artificial intelligence called ChatGPT, will launch its online store next week.

News

Global Startup Funding Decreases 38% in 2023

Global startup funding declined to the lows last seen in 2018, illustrating a 38% drop year-on-year.

News

Qualcomm Announces New Chip for Mixed Reality

Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.