China’s Factory Activity Declines
At the end of October, a decrease in the level of production activity was recorded in China.
Report - page 129
Siemens and Microsoft to Work Together on AI Assistant
The German industrial giant Siemens AG, in cooperation with the technology giant Microsoft, develops a virtual assistant based on artificial intelligence.
Taiwan’s Powerchip Plans to Build Factory in Japan
Taiwanese Powerchip Semiconductor Manufacturing Corp. intends to build a plant in the northeastern part of Japan.
Taiwan Economy Shows Growth
According to the results of the third quarter, Taiwan’s economy showed the most intensive growth rates since the beginning of this year.
Eurozone Inflation Sinks to Two-Year Low
In the Eurozone, the inflation rate has fallen to the lowest level in more than two years.
Apple Unveils New Laptops, iMac and Chips
Apple has announced a new iMac, MacBook Pro, and the third generation of its line of Mac processors.
SoFi Student Loan Originations Soar
SoFi has benefited from high demand for student loans ahead of repayments that have been resumed this fall.
Europe’s Biggest Economy Shrinks
According to the results of the third quarter of this year, a decrease in the volume of production activity was recorded in Germany.
Apple Faces Potential Watch Import Ban
Apple may soon face the problem of banning the import of its watches.
Two-Thirds of Businesses to Use Fewer PSPs
The new report shows that businesses worldwide are planning to cut their supplier list, with using fewer payment service providers (PSPs) considered to be the main way to reduce operational costs.
Capital One Reports Third Quarter Results
Capital One has published the results of its activities in the period from July to the end of September this year.
JPMorgan CEO to Sell 1 Million Shares
JPMorgan Chase & Co Chairman and CEO Jamie Dimon and his family intend to sell 1 million shares of JPMorgan stock.
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.
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.
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