Paytm Reports 32% Revenue Growth
Paytm Q2FY24 quarter earnings showed robust revenue growth led by higher subscription revenue and an uptick in the loan distribution business.
Report - page 125
Citi Rolls Out New Travel and Expense Management System
Citi announces the launch of a new travel and expense management system for its corporate clients who reside in the United States.
Lloyd’s Reports Potential Global Consequences of Payments System Cyber Attack
Insurance marketplace Lloyd’s of London reported that in the event of a large-scale cyberattack on the systemic payment system, the global economy may face a consequence in the form of damage for $3.5 trillion.
IMF Forecasts Increase in India’s Contribution to Global Economic Growth
The International Monetary Fund predicts that India’s contribution to global economic growth will increase over the next five years.
Global Exodus From Chinese National Equities Shows Growth
Foreign financial managers are leaving posts in some of their largest companies in China’s technology sector.
China Plans to Restrict Exports of Graphite
China plans to impose restrictions on the export of graphite, a mineral from the class of native elements, the importance of which in the sphere of production of batteries for electric vehicles is critical.
Google to Manufacture Its Smartphones in India
Google will launch production of its Pixel 8 smartphones in India next year.
IBM Expands Collaboration With AWS
IBM announced the expansion of cooperation with Amazon Web Services (AWS) to further promote the development of generative artificial intelligence tools.
US Tightens Rules on Chip Exports to China
The administration of the President of the United States Joe Biden has reduced the number of types of semiconductors that local companies can supply to China.
OpenAI Develops Tool to Detect AI-Generated Images
OpenAI is currently working on creating a tool to detect images that have been created using artificial intelligence.
Meta Product Chief Says About Ability of AI Chatbots to Lure Advertisers
Meta Platforms Director of Products Chris Cox said that, in his opinion, chatbots with artificial intelligence will gradually become a more attractive tool for advertisers and believes that these digital products will gradually go beyond the status of a way to stimulate interaction with a particular digital platform.
Goldman Sachs Reports Q3 Earnings
Goldman Sachs last Tuesday, October 17, published an earnings report for the third quarter of this year.
China’s Economy Shows Growth
By the end of September, China’s economy showed a dynamic of recovery.
Research Finds Flaws in GPT-4
A scientific article related to Microsoft and published on GitHub contains information about the shortcomings of GPT-4 from OpenAI.
Instant Payments Play Key Role in Cash Decline: McKinsey
Cash usage declined by nearly 4% globally in 2022, with new developments in instant payments and digital wallets driving cash displacement in certain geographies.
iPhone Sales Decline in China
The level of demand for Apple’s new iPhone 15 smartphone line in the Chinese market is lower than the sales volumes of last year’s mobile phone model of the American technology giant.
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