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Finance & Economics

IQ Capital Raises $400 Million for Deep Tech AI Firms

Venture capital company IQ Capital announced the attraction of investment funds for $400 million to provide financial support to startups that operate in the field of artificial intelligence and robotics.

News

Walmart Looks to Generative AI as Grocers Tap Self-Service

At a time when grocers are coming up with the most effective results of using a self-service strategy while simultaneously eliminating the shortcomings of this format, Walmart is actively paying attention to artificial intelligence to make its digital tools smarter and increase their effectiveness.

Fintech & Ecommerce

eBay and Techstars Launch Accelerator Program for Innovations in eCommerce

eBay and Techstars, as part of the implementation of the cooperation program, intend to launch an acceleration initiative for companies that carry out their activities in the field of e-commerce and are at an early stage of existence.

News

Americans Are Sceptic About CBDC: Survey

A recent survey found that twice as many Americans are against (34%) the Federal Reserve offering a CBDC compared to those who favour centralized cryptocurrencies (16%)

Blockchain & Crypto

SEC Sues Binance: Charges Revealed

Through thirteen charges on 136 pages, SEC alleges that Binance and its CEO Changpeng Zhao “engaged in an extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law”

Finance & Economics

Apple Sets for Record High Ahead of Mixed-Reality Headset Launch

The value of Apple shares on Monday trading shows record high values on the eve of one of the most significant events in the history of the company associated with the launch of new technological generation products.

News

Robinhood Customers Shift to High-Yield Deposits Amid Banking Turmoil

Robinhood Markets reports that its customers are switching to high-yield deposits.

News

Telecoms and Amazon Dismiss Notion of Joint Wireless Effort

American telecommunications giants have refuted plans to establish partnerships with Amazon in order to provide cheap wireless communications to Prime users.

Blockchain & Crypto

US Bill Proposes to Change SEC Role in Crypto Regulation

House Republicans have unveiled legislation that addresses the role of regulators such as the SEC in the crypto industry, aiming to maintain the balance between consumer protection and encouraging responsible innovation

Fintech & Ecommerce

Shopify Launches Rewards Program for Users of Shop Pay

Shopify announced the launch of a new rewards program for Shop Pay in the USA.

Fintech & Ecommerce

Uber Launches Features for Business Travel

Business trips are gradually returning to the category of popular services, and Uber, understanding the dynamics of the emerging trend, is launching new products and features that will make such trips more efficient and provide a high level of comfort.

News

Hostaway Raises $175 Million to Expand Property Management Software

Hostaway company announced the attraction of investment funds for 175 million dollars.

Fintech & Ecommerce

Sorbet Launches On-Demand PTO Cash Advance Solution

“With rising prices and a looming recession, Sorbet helps employees by unlocking extra compensation that they wouldn’t be able to access otherwise,” says the company

Finance & Economics

US Passes Bill to Avoid Default: What to Expect?

The US House finalized a bill to suspend the debt ceiling on Wednesday, just days left before the country was expected to default. What comes next for the national debt and financial markets?

Finance & Economics

Wells Fargo Reportedly Works With Borrowers as Office Sector Struggles

The media reports that Wells Fargo management expects that the activities of this financial institution in the field of real estate lending will have a negative result in the form of losses.

News

Twitter Launches Community Notes for Images

Twitter has launched Community Notes for images in posts.