Report - page 25

News

Ransomware Transforms to Billion-Dollar Industry

Ransomware is currently what can be called an industry since the financial volume of the relevant space for illegal activities in a virtual environment already amounts to billions of dollars.

Fintech & Ecommerce

One-Click Checkout Is Most Desired Feature for U.S. Merchants

A recent report indicates that 45% of U.S. online merchants have requested one-click checkout solutions from their payment service providers (PSPs) in an effort to enhance conversion rates.

Blockchain & Crypto

Bitcoin Falls Below $94K

Bitcoin’s price fell to $93,700, a significant drop from its all-time high of about $108,000 registered on December 17.

Finance & Economics

Nidec Makes $1.6 Billion Unsolicited Bid for Makino

Nidec Corp. offers 257.3 billion yen ($1.6 billion) to take over machine tool builder Makino Milling Machine Co., initiating a rare unsolicited takeover of a Japanese company.

Science & Technology

Foxconn Invests in AI Data Center Firm

Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.

Science & Technology

Meta Expects AI Characters to Generate Content

Meta expects to see artificial intelligence characters that will generate content on social media platforms that are part of its digital ecosystem.

News

OpenAI Outlines New For-Profit Structure

OpenAI on Friday, December 27, outlined plans to revamp its structure.

News

HomeStreet Agrees to Sell $990 Million in Loans to Bank of America

The parent company of HomeStreet Bank, which is based in Seattle, has agreed to sell to Bank of America loans for a multifamily commercial property worth $990 million.

News

US Airlines Say Goodbye to Difficult Year

The current year turned out to be a busy period in terms of the number of events that occurred in the United States aviation sector, but the string of news from the relevant sphere activities was clearly not unambiguously positive and contained a lot of negative information that has sensitive consequences for companies in the […]

Finance & Economics

India Sees Economic Growth at 6.5%

The Indian government partially blamed the central bank of this South Asian country for the tight monetary policy, saying that the corresponding strategy of the financial regulator is the reason for the weak performance of the local economy, and stating expectations that growth in the second half of fiscal year is likely to accelerate amid […]

News

China Revises Up 2023 GDP

On Thursday, December 26, China revised upward the size of its economy by 2.7%.

Finance & Economics

New York Reportedly Tights Financial Scrutiny

The media published information according to which the New York authorities are tightening financial scrutiny ahead of the January return of Donald Trump, who won the United States presidential election last month, to the White House.

News

US Weekly Jobless Claims Demonstrate Decline

Last week in the United States, the number of locals applying for jobless benefits decreased to the lowest level in the current month.

News

Elon Musk’s xAI Raises $6 Billion

Elon Musk’s company xAI raised $6 billion in a Series C financing round.

News

US Launches New Probe Into Legacy Chinese Chips

This week, the administration of the President of the United States Joe Biden launched a new probe regarding legacy Chinese semiconductors, which can be used in a large number of product categories, including the automotive industry, the defense systems sector, and the household goods section.

Science & Technology

Apple Seeks to Defend Google’s Billion-Dollar Payments

Apple has asked to participate in Google’s upcoming antitrust trial in the United States over online search.