Search results for "ai technology"

Startups Spring from Ashes of Big Tech Purge

Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered. Days later he was back working, seeking investment for his own company Nulink, a blockchain-based payment company, and sent pitches to startup accelerator Y […]

European Shares Start 2023 on Upbeat Note on Encouraging Factory Data

European shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. The pan-regional STOXX 600 rose 1.0%, supported by consumer discretionary stocks. The automobile and parts sector gained 3.2% […]

Virtual Cards and Financial Equipoise

The world has seen technology infiltrate almost every sector the world has known, and the financial industry is no different. Traditional banking was getting the job done, and it almost felt like this was how things would be forever. Yet, innovation strikes, and the world is introduced to eclectic solutions to problems consumers never considered, […]

Facilitators of Open Banking Financial Inclusion

One of the world’s most widespread problems lies within the boundaries of one of the UN’s Sustainable Development Goals (SDGs) to reduce inequalities, namely SDG 10. Financial exclusion’s transformation to become a goal birthed new equalities of opportunities and availabilities to access financial services, or as more commonly known, financial inclusion. The endless opportunities brought […]

A Look at the Telecommunication Industry Trends

Dual transformation and industry restructuring are necessary to restore the trust and support of customers. To stop the commoditization of the network, the telecom sector will need to alter its primary business. They will need to develop a universally applicable solution for all clients. They must comprehend why the network needs to be restructured to […]

How Telcos Mitigate Their Expenses

The battle to find new ways to cut costs and generate extra income is intensifyin in the fiercely competitive and high-stakes field of telecommunications. Since operators want to grow and gain a competitive edge, cost optimization models for telecom expenses in the telecom sector are a hot topic. A fundamental shift in organizational culture is […]

Twitter Back Online After Global Outage Hits Thousands

Twitter Inc suffered a major outage on Wednesday, leaving tens of thousands of users globally unable to access the popular social media platform or use its key features for several hours before services appeared to come back online. The incident is the social media site’s first apparent widespread service disruption since billionaire Elon Musk took […]

Tesla Shares Record Rare Jump This Month on the Way to Worst Year

Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker’s worst year on record. The stock gained 3.3 percent on the day. It is set to round off 2022 with a 68 percent drop – the most among […]

Equities Fall on Risk Aversion with 2023, China Reopening in Focus

Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors eyed 2023 with caution and weighed hopes for an economic boost from China’s relaxed COVID-19 restrictions against concerns about rising infections there. The yield on benchmark U.S. 10-year Treasuries rose for a third straight day, reversing an earlier decline as investors watched […]