SoftBank Corp. and mobile payments operator PayPay are in talks to invest in retail giant Seven & i Holdings. The investment is expected to reach
Category: WORLD NEWS
UK to regulate BigTech firms to safeguard financial stability.
Cloud service providers Microsoft, Google, Amazon, and Oracle have been classified by Britain as critical third-party suppliers to the financial sector, subject to direct regulatory
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Global financial messaging network SWIFT, in an effort to enable 24-hour payments and compete with the developing stablecoin market, unveiled a blockchain-based shared ledger on
Bank of England says AI poses a growing threat to financial stability.
The Bank of England stated on Tuesday that investors’ large bets on artificial intelligence’s success and the technology’s increased susceptibility to hackers make it an
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
As it capitalizes on the global AI boom with one of the largest new share sales in history, South Korean chipmaker SK Hynix on Monday
Continental spinoff ContiTech to Lone Star Funds for $4.6 billion.
Continental announced on Saturday that it had reached a deal with private equity firm Lone Star Funds to sell its ContiTech plastics and rubber division
ECB rejects industry demands for reduced bank capital levels, citing concerns over lending and safety.
On Thursday, the European Central Bank resisted industry demands for reduced bank capital requirements, claiming that the current rules are necessary for safety and do
Trump’s filing shows a windfall of $1.4 billion from crypto companies last year.
Federal filing made public on Tuesday showed President Donald Trump earned around $1.4 billion from his cryptocurrency ventures last year, locking in profits as his
WhatsApp trails Instagram to allow users to go by usernames instead of phone numbers, closing a privacy blind spot.
To solve a privacy blind spot, WhatsApp announced on Monday that users will soon have the choice to use usernames rather than phone numbers. According
Samsung and SK Hynix unveil $576 billion in chip investment to secure global dominance.
In an effort to meet the growing demand for artificial intelligence, South Korean tech giants Samsung Electronics and SK Hynix announced on Monday that they
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