US - page 57

News

Crypto Company Circle to Expand Its Product Line

The Circle Internet Financial crypto company hopes that its $1 billion cash reserve will allow it to withstand the process of competition from so-called non-crypto firms like PayPal Holdings.

News

Marketplace Instacart Expands SNAP Payment Acceptance

Instacart, an online grocery store, announced the start of accepting electronic payments under the Electronic Benefits Transfer for Supplemental Nutrition Assistance Program (EBT SNAP) throughout the United States.

News

Serve Robotics Raises $30 Million

The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.

News

USA to Restrict Investments in Chinese Technology Sector

The administration of US President Joe Biden last Wednesday, August 9, announced its intention to introduce restrictive measures concerning the investment of American venture capital, private companies, and joint ventures in the Chinese technology sector.

News

Anthropic Launches New Version of Its LLM

Anthropic, an artificial intelligence startup co-founded by former OpenAI executives, has released a new version of its accelerated and cheaper text generation model, available via API Claude Instant.

Finance & Economics

American Banks Lose Nearly $19 Billion in Loans

In the United States, banks in the second quarter of this year reported losses on loans of almost $19 billion.

News

Federal Reserve Bank of New York Reports Record Americans’ Credit Card Debt

The indicator of the debt of residents of the United States on credit cards has reached a historical level of more than $1 trillion.

Science & Technology

NVIDIA Introduces Superchip to Boost AI Capacity

NVIDIA has presented a new chip that can increase the level of performance and speed, for use in generative artificial intelligence and other application scenarios involving computing.

Fintech & Ecommerce

Amazon to Debut Prime Big Deal Days Event in Fall

After the impressive results of Prime Day, Amazon decided to continue the sales events.

Finance & Economics

Moody’s Revises Credit Ratings of Six Major US Banks

The international rating agency Moody’s has reviewed the credit ratings of six major US banks, including Bank of New York Mellon, State Street, and Northern Trust, for possible downgrades.

News

Resilience to Expand Cyber-Risk Platform

Resilience has announced the completion of a $100 million Series D equity financing round.

News

KeyBank Improves Cashback Service

KeyBank has added new ways to get favorable rates, access to deposits, and cash refunds.

News

Deposits Reportedly Disappear From Wells Fargo Bank Accounts

Wells Fargo is currently solving a technical problem, as a result of which, according to reports in social media, direct deposits began to disappear from the bank accounts of customers of this financial institution.

News

DoorDash and Uber Compete to Increased Delivery Subscription Usage

DoorDash and Uber are actively competing with each other as part of efforts to increase the number of their user bases.

Fintech & Ecommerce

Petal to Expand Credit Card Program

Petal announced intention to expand its credit card program.

News

Airwallex Collaborates With OurCrowd to Make Startup Investing Easier

Airwallex announced the beginning of cooperation with the venture investment platform OurCrowd.