Bitcoin Surpasses US$71,000 Mark as Regulatory Approval Boosts Market Confidence
Bitcoin surged past $71,000, buoyed by regulatory approval allowing recognized investment exchanges to introduce crypto-backed exchange-traded notes. The Financial Conduct Authority’s decision has injected fresh momentum into the cryptocurrency market, fueling optimism among investors. 11 March 2024 – Bitcoin reached an all-time high of over $71,000 on Monday, continuing its upward trajectory without signs of slowing down....
Digital Marilyn Monroe: An AI Sensation Debuts at South by Southwest
A lifelike digital version of Marilyn Monroe, created using artificial intelligence technology, will be unveiled at the South by Southwest tech conference, offering attendees the chance to interact with the iconic actress in a whole new way. 8 March 2024 – In a groundbreaking development at the South by Southwest tech conference in Austin, Texas, fans of Marilyn Monroe will have the opportunity to interact with a remarkably...
PUMA and Google Cloud Forge Strategic Partnership to Elevate Online Retail Experience with AI and Data Solutions
PUMA has teamed up with Google Cloud to enhance its online retail platform with AI and data-driven solutions, aiming to deliver personalized shopping experiences and drive business growth in the competitive retail market. 8 March 2024 – PUMA, a leading sports company, has joined forces with Google Cloud to revolutionize its online retail platform through advanced AI and data-driven solutions. This collaboration aims to enhance...
Xsolla Collaborates with PayPay to Introduce Seamless Payment Solutions for Gaming Enthusiasts in Japan
Xsolla introduces “Pay with PayPay” for its global partners and gaming community in Japan, aiming to enhance payment flexibility and broaden audience reach. This partnership leverages PayPay’s extensive user base and Xsolla’s innovative payment technology to streamline transactions and cater to evolving player preferences in the Japanese gaming market. 7 March 2024 – Xsolla, a leading global video game...
Smartpay and Chubb Forge Partnership to Pioneer Digital Insurance Solutions for Japanese Consumers
Smartpay and Chubb have joined forces to revolutionize the Japanese insurance sector by developing digital insurance products tailored to post-COVID consumer needs. The partnership aims to introduce embedded insurance, seamlessly integrated into everyday transactions, catering to evolving consumer demands for personalized and secure insurance experiences. 7 March 2024 – In a move to revolutionize the Japanese insurance...
Arlo Technologies Surpasses 3 Million Paid Subscribers for AI-Powered Security Service, Reinforcing Leadership in Smart Home Security
Arlo Technologies, Inc. celebrates a milestone with over 3 million paid accounts for its AI-powered subscription service, marking its commitment to innovation and comprehensive security solutions. Matthew McRae, Arlo’s CEO, highlights the success of the subscriptions, emphasizing the company’s dedication to providing exceptional user experiences and maintaining its leadership position in the market. 7 March 2024 –...
Yuno Secures $25 Million Series A Funding to Revolutionize Global Payments
Yuno, a leading payments orchestration platform, secures $25 million in Series A funding from prominent investors to expand its operations globally and enhance its innovative solutions for diverse industries. Founded by tech entrepreneurs Juan Pablo Ortega and Julián Núñez, Yuno aims to revolutionize the global payments landscape by integrating diverse payment methods and providing tailored solutions for clients across different...
China Prioritizing Emerging Technologies and Tech Self-Sufficiency
China is prioritizing the development of emerging industries like quantum computing and bolstering technology self-sufficiency, as outlined in a recent government report. Efforts also include strengthening capabilities in artificial intelligence and big data, reflecting a broader strategy to reduce reliance on foreign suppliers and enhance national security. 5 March 2024 – In a recent government work report, China announced its...
Visa and Western Union Partner for Easier Global Money Transfers and Humanitarian Support
Visa and Western Union strengthen their partnership, enabling money transfers to 40 countries through Visa cards and introducing prepaid cards for wider accessibility, while also collaborating on facilitating disaster relief efforts. 5 March 2024 – Financial giants Visa and Western Union have announced a significant expansion of their existing partnership, aiming to simplify cross-border money transfers. This 7-year agreement...
Bitcoin Surges to Two-Year High, Approaches Record Levels Amidst Inflow Surge
Bitcoin reaches a two-year high, nearing record levels as inflows into U.S.-listed bitcoin funds surge. Ethereum also sees gains amidst speculation of exchange-traded funds, reflecting a broader market rally reminiscent of 2021’s bullish sentiment. 4 March 2024 – Bitcoin soared to a two-year high on Monday, surpassing $65,000 and nearing its record level, driven by a surge in inflows into U.S.-listed bitcoin funds. The...
Google CEO Sundar Pichai Addresses Biased Responses in Gemini AI Tool
Google’s CEO Sundar Pichai acknowledges biases in Gemini AI tool, vows comprehensive fixes and relaunch. 29 February 2024 – Google’s CEO Sundar Pichai recently addressed employees regarding the company’s efforts to rectify biases detected in its Gemini AI tool, acknowledging certain text and image responses as “biased” and “unacceptable.” The decision follows Google’s temporary...
Bitcoin Surges Past $60,000 as Market Optimism Soars: Insights and Implications
Bitcoin surpasses $60,000 fueled by institutional interest and market optimism, with Ethereum also hitting new highs, prompting anticipation of ETF approvals by U.S. regulators. 29 February 2024 – On Wednesday, Bitcoin soared above the $60,000 threshold for the first time in over two years, propelled by a surge of investment into new U.S. spot bitcoin exchange traded products. The cryptocurrency witnessed a remarkable 42% price...
Malaysia and Cambodia Strengthen Financial Cooperation with Cross-Border Payments Agreement
Malaysia and Cambodia strengthen financial ties with a Memorandum of Understanding (MoU) between Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC), aiming to enhance cross-border payments and financial innovation, benefitting businesses and individuals in both countries. 28 February 2024 – Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have formalized their commitment to enhance financial...
Honor Unveils Magic 6 Pro Smartphone with Eye-Tracking AI and AI-Enabled Laptop Ahead of Global Launch
Chinese tech company Honor launches its Magic 6 Pro smartphone globally, showcasing an experimental eye-tracking AI feature for remote car control, while also introducing its MagicBook Pro 16 laptop with AI-driven application transfer capabilities. The move comes ahead of the Mobile World Congress in Barcelona, reflecting a broader industry trend toward leveraging generative AI to revitalize smartphone sales, despite potential legal...
Visa and GSMA Foundation Unveil DFA Initiative to Advance Digital Financial Inclusion Worldwide
Visa and the GSMA Foundation have launched the DFA Initiative, targeting enhanced digital financial inclusion for 20 million individuals in low- and middle-income countries, focusing on women, small holder farmers, small enterprises, and refugees. 27 February 2024 – Visa and the GSMA Mobile for Development Foundation have joined forces to launch the Digital Finance for All (DFA) Initiative, aiming to enhance digital financial...
Apple Reinforces iMessage Encryption with PQ3 Protocol to Combat Future Quantum Computing Risks
Apple introduces PQ3 protocol to enhance iMessage encryption, anticipating potential threats from quantum computing breakthroughs. The upgrade reflects Apple’s commitment to proactive security measures and ensuring robust protection for user communications against future cyber threats. 23 February 2024 – Apple has announced an upgrade to its iMessage texting platform, introducing a new protocol called PQ3 to fortify its...
Google Enhances Advertising Product with Integration of Gemini AI Models, Pioneering Advanced Customer Experience
Google integrates Gemini AI models into its advertising product, enhancing capabilities for advertisers to generate longer headlines and create images featuring people, while emphasizing safety measures to prevent misuse of generative AI technology. This move reflects Google’s commitment to advancing customer experience and maintaining integrity in digital advertising. 23 February 2024 – Google, a subsidiary of Alphabet...
Capital One to Acquire Discover Financial Services in Landmark US$35.3 Billion Deal
Capital One’s $35.3 billion acquisition of Discover Financial Services marks a strategic move to consolidate the US credit card industry, fostering competition and innovation. Under the leadership of CEO Richard Fairbank, the deal aims to establish a robust payments network to rival industry giants like Visa and Mastercard. 21 February 2024 – Capital One, a prominent US consumer lender, has announced its acquisition of...
Empowering Innovation: Google Unveils Gemma, Open AI Models for Developer Creativity
Google introduces Gemma, its latest open AI models, aiming to spur developer innovation while retaining control over usage terms. Optimized for Google Cloud and supported by Nvidia, Gemma offers developers opportunities for AI-driven innovation across platforms. 21 February 2024 – In a bid to foster innovation among developers, Google has introduced its latest line of artificial intelligence (AI) models, named Gemma, following a...
Amadeus Expands Technological Horizon with €320 Million Acquisition of Vision-Box for Face-Recognition Expertise
Amadeus, the Spanish travel booking group, is set to acquire Vision-Box, a Portugal-based face-recognition technology company, for €320 million ($346.7 million). Vision-Box specializes in providing face-recognition solutions for airports, airlines, and border control services. The acquisition, subject to regulatory approval, is expected to conclude in the first half of the year, marking a strategic move by Amadeus to enhance its...
