Report - page 124

News

AI Startup Cohere CEO Criticizes Movement for Self-Righteousness

Aidan Gomez, CEO of the startup Cohere, which operates in the sphere of artificial intelligence, in his letter addressed to the employees of this company, in negative terms criticized the movement for effective altruism.

News

White House Gives $50 Million to Small Businesses

The Administration of the President of the United States Joe Biden announced the provision of new financial assistance to those representatives of the small business sector who are in an underserved area.

Finance & Economics

Standard Chartered Reduces Its Investments in Government Securities of Kenya

Standard Chartered Bank Kenya Ltd. has reduced the volume of its financial injections in government securities of this East African country by 52% during the period when investment activity allows for significant profits.

Finance & Economics

Jeremy Hunt Says About Downgrade of UK Growth Forecast

The chancellor of the exchequer Jeremy Hunt announced a deterioration in the forecast of economic growth in the UK.

News

Nvidia’s Revenue Demonstrates Growth

Nvidia has released its financial results for the quarter ended October 29.

Science & Technology

HP Posts Revenue Decline

HP has published a report on its quarterly sales, which did not meet analysts’ expectations because the projected recovery of the personal computer market is still a hypothetical vision of the future and is not in the space of objective reality that cannot be denied.

News

China Fines Foxconn

In China, local tax authorities fined a subsidiary of Foxconn Technology Group.

Finance & Economics

German Budget Crisis Worsens

The German leadership decided on an emergency spending freeze against the background of the decision of the country’s top court, which aggravated the already existing budget crisis, which became a kind of shock factor for Europe’s largest economy.

Fintech & Ecommerce

Remittance Inflows Surge in Kenya

In October, Kenyans who work and live abroad sent home Sh2.3 billion more than Sh51.89 billion ($340.4 million) in remittance registered in Kenya in September.

Science & Technology

Baidu Posts Revenue Rise

Chinese technology giant Baidu on Tuesday, November 21, announced the financial results of its activities for the third quarter of 2023.

Finance & Economics

Citigroup Launches Restructuring

Citigroup has started operations as part of the next stage of its organizational change plan.

News

TSMC Reportedly Considers Building Third Plant in Japan

The media, citing insiders, report that Taiwan Semiconductor Manufacturing Co. is currently studying the possibility of building a third plant in Japan.

News

Xiaomi Posts Sales Rise

Xiaomi Corp. reported revenue growth for the first time in almost two years.

News

Janet Yellen Says About US Considerable Progress in Reducing Inflation

Treasury Secretary Janet Yellen said on Monday, November 20, that the United States is making significant progress as part of efforts to reduce the inflation rate in this country.

Fintech & Ecommerce

Amazon Reportedly Plans to Boost Exports From India

The media reports that Amazon plans to increase the volume of exports of its goods from India.

Science & Technology

Germany, France and Italy Agree on AI Regulations

The media reported that three EU countries, including Italy, Germany, and France, have reached an agreement on issues that form the basis of the content of the concept of the regulation of artificial intelligence.