Report - page 14

Finance & Economics

Jerome Powell Tells Congress Fed Still in No Rush to Cut Rates

Federal Reserve Chairman Jerome Powell stated that the central bank of the United States holds the view that there is currently no reason for it to rush into making decisions on adjusting interest rates.

Finance & Economics

Donald Trump Raises Tariffs on Aluminum and Steel Imports

President of the United States Donald Trump has ordered to impose a 25% tariffs on steel and aluminum imports, which means stepping up his efforts to protect those US industries that are of particular importance in the context of the economic aspect of the country’s existence and at the same time are essential from a […]

Science & Technology

AI Funding Surges 62% Despite Overall Decline

In 2024, startup funding declined by a dozen percentage points, while investments into projects linked to innovative artificial intelligence (AI) skyrocketed, illustrating a 62% growth.

News

Mastercard and VikingCloud Develop Cybersecurity Solutions for SMBs

Mastercard, the payment industry giant, and VikingCloud, a global cybersecurity and PCI compliance company, are jointly developing cybersecurity solutions designed for small and medium-sized businesses.

News

Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI

On Monday, February 10, a consortium led by Elon Musk announced that it has offered $97.4 billion for the purchase of a nonprofit, which controls OpenAI.

News

Ripple and Unicâmbio to Power Brazil-to-Portugal Payments

The Ripple blockchain company has launched the process of partnership with the Portuguese currency exchange provider Unicâmbio.

News

Web3 Exec Says Current Chain Abstraction Methods Fragment Crypto

Industry executives and competing companies continue to try to grapple with abstracting away from the complexities of blockchain for the end user.

News

Changpeng Zhao Admits Binance Token Listing Needs Reform

Changpeng Zhao, co-founder and former chief executive officer of Binance, stated that the listing process on cryptocurrency exchanges contains disadvantages.

News

Tether CEO Says Quantum Сomputing to Bring Lost Bitcoin Back in Circulation

Tether chief executive officer Paolo Ardoino predicts that quantum computing will eventually crack Bitcoin wallets classified as inactive and return digital assets to circulation.

Fintech & Ecommerce

ACI and Banfico Team to Tackle APP Fraud

The payment technology company ACI Worldwide has teamed with the fintech brand Banfico.

Fintech & Ecommerce

Oracle Adds New AI Features to Financial Software

Oracle on Thursday, February 6, added another set of artificial intelligence tools to NetSuite, one of its corporate finance software offerings, some of which, among other things, can speed up for consumers to receive a price quote on purchases like custom bicycles.

Science & Technology

Qualcomm Tops Estimates for Earnings

Qualcomm last Wednesday, February 5, released information about its financial results for the first quarter of fiscal 2025, which exceeded preliminary expectations.

News

Mistral AI Rolls Out App

French startup Mistral AI, backed by Nvidia, on Thursday, February 6, rolled out a new app for its generative artificial intelligence software.

Science & Technology

Amazon Reportedly to Introduce GenAI-Powered Alexa in February

The media published information according to which this month Amazon will introduce a new version of its voice assistant Alexa.

News

Amazon Reports Earnings

Amazon, the e-commerce giant that became one of the largest players in the global technology sector over time, on Thursday, February 6, published information on the financial performance of its activities for the fourth quarter of last year.

News

Bank of England Cuts Interest Rates

Bank of England officials on Thursday, February 6, decided to cut interest rates to a 19-month low.