China’s Exports and Imports Show Slowdown in Contraction
At the end of September, a decrease in the slowdown in China’s exports and imports was recorded.
Report - page 136
Australia Plans to Regulate Digital Payment Services
The Australian government has officially announced plans to introduce new legislation that will give the Reserve Bank of Australia the authority to carry out activities to regulate digital payment services, including providers of virtual wallets.
Carefull Raises $16.5 Million
Carefull announced that it managed to raise investment funds for $16.5 million following the results of the Series A financing round.
Citi Chairman Warns Against Plan for New Capital Requirements
Citigroup Chairman John C. Dugan joined American banking executives who negatively assessed the plan of the United States authorities to introduce new capital requirements.
Samsung Reports Slowing Fall in Profits
Samsung Electronics reported on the preliminary results of operations for the third quarter of 2023, which showed a less intense decline in profit compared to the expected figure.
Head of Bank of Korea Welcomes Decline in Chip Prices
The governor of the Bank of Korea, Rhee Chang-yong, announced an improvement in the prospects for the development of the situation in the semiconductor market.
Kaszek Ventures Prepares for Latin America Tech Rebound
Kaszek Ventures, a venture capital firm based in Latin America, currently has almost $1 billion in funds raised earlier this year and is in a state of expectation that new deals will be concluded and that more mature companies will lose a significant portion of cash and potentially agree to revised estimates.
Huawei Challenges 5G State Aid Rules in Spain
Huawei Technologies has published the rules of the Spanish government, the complexity of compliance with which may become a barrier for this Chinese equipment manufacturer to become a competitive applicant for state aid.
IMF: World Economy ‘Limping Forward’, Growth ‘Weak’
The International Monetary Fund (IMF) has stated that it is likely that central banks will be able to find and implement solutions that will allow them to contain the process of spreading and scaling inflation and at the same time avoid a recession of the world economy.
Spotify Limits Its Free Tier in India
Spotify restricts the use of its app for customers from India who interact with this virtual platform as part of a free tier.
Walmart Experiments With AI and AR
Walmart uses new technologies to improve the shopping experience.
China Plans to Grow Its Computing Power
China has announced its intention to increase the country’s computing power.
CFPB Director Calls for Provide Higher Level of Data Protection
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), expressed concern about the potential risks associated with the fact that payment systems apply, in his opinion, excessive financial censorship, and exceed reasonable surveillance limits.
G7 Prepares to Ask AI Firms to Agree to Watermarks
The G7 countries plan to appeal to companies operating in the sphere of artificial intelligence with the proposal of adopting as guidelines defining the principles of work a set of rules developed by the states of this association.
OpenAI Reportedly to Explore Development of Artificial Intelligence Chips
The media reported that the startup OpenAI is currently exploring the possibility of developing its own chips for machine intelligence.
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