Search results for "new ai"

Asia Stocks Extend Losses as Ukraine War, China's COVID Surge Hit Sentiment

Asian stocks were in the red on Tuesday as surging COVID-19 cases in China hit the confidence of investors who are already worried about the Ukraine war and the first U.S. interest rate rise in three years that could come this week. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.97%, led by pronounced […]

Blockchain and Machine Learning in Finance

The past decade has brought a much more enabled open space for technological inclusivity and security business networks. The reduced costs for the public to further benefit from the financial sector came, including the banking sector. The incorporation of technology with digital security and financial customization gave birth to what is today known as “financial […]

U.S. Treasury Launches Campaign to Educate Public about Crypto Risks

The U.S. Treasury Department is launching an initiative to raise awareness about the risks of investing in cryptocurrencies as the digital asset moves from the fringes of the financial system to the mainstream, a top official said. The Treasury’s Financial Literacy Education Commission will create educational materials and organize outreach to inform the public about […]

Explainer-Will Big Tech Cloud Companies Cut Off Russia?

Ukraine has urged cloud-computing and software giants including Microsoft Corp and SAP SE to cut off Russia to stop Moscow’s invasion. Here’s what’s at stake. WHAT IS UKRAINE DEMANDING? The Ukrainian ministry of digital transformation wants North American and European technology companies to completely pause any dealings with Russian clients, potentially disrupting Russia’s economy and […]

Sherlock Bio Raises $80 Million to Develop CRISPR-based Diagnostics

Sherlock Biosciences said on Tuesday it had raised $80 million in new funding to help bolster sales of its CRISPR-based COVID-19 test and develop new diagnostics based on the breakthrough gene editing technology. The latest round for Sherlock, which was the first to gain authorization for a CRISPR-based COVID-19 test in 2020, was led by […]

Moderna Plots Vaccines Against 15 Pathogens with Future Pandemic Potential

Moderna Inc said on Monday it plans to develop and begin testing vaccines targeting 15 of the world’s most worrisome pathogens by 2025 and will permanently wave its COVID-19 vaccine patents for shots intended for certain low- and middle-income countries. The U.S. biotechnology company also said it will make its messenger RNA (mRNA) technology available […]

Russia Blocks Facebook, Passes 'fake news' Law; LVMH, Microsoft Halt Sales

Russia said it would block Facebook for excluding state media and CNN said it would stop broadcasting in Russia after a new law punishing “fake news” raised the stakes in Moscow’s fight with foreign corporation. Friday marked an escalation in the dispute that began after the invasion of Ukraine. Russia blocked a wave of media […]

Visa, Mastercard Suspend Operations in Russia Over Ukraine Invasion

U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there. Within days, all transactions initiated with Visa cards issued in Russia will no longer work outside of the country […]