Featured Articles
TS Imagine’s bookings are reportedly 72% higher than last year
TS Imagine, a cloud-based end-to-end trading and portfolio management software platform for the investment management industry and capital markets, recently released its key financial highlights. According to the company, there has been a significant change in demand that marked the...
G20 nations are debating whether to ban crypto, according to RBI Governor
The final days of February 2023 have brought a G20 meeting, leading the member nations to discuss a number of important topics, one of which ended up being the crypto industry. While many were hoping to see the member nations...
Germany’s regulator BaFin fined flatexDEGIRO €1.05 million for violating supervisory rules
BaFin, the Federal Financial Supervisory Authority of Germany, recently fined one of the country’s publicly listed online operators. Popularly known as flatexDEGIRO Bank AG, the firm received an €1.05 million fine for breaching banking supervisory regulations, according to the regulator....
BGC Partners reports a drop in FX revenue in 2022, expects growth in 2023
Following the start of 2023, a number of financial firms offering trading services involving different assets have reported difficulties and drops in revenue, particularly when it comes to forex trading. As of this Monday, February 27th, BGC Partners — a...
Australian exporters hopeful of Chinese trade restrictions being lifted
Chinese trade restrictions have targeted Australian products ranging from coal to wine for two and a half years. However, a diplomatic thaw between Canberra and Beijing is hoped to revive exports and trigger business success amid plans to rebuild ties....
EU big tech and telecom operators in a conflict over net neutrality rules
The industry chief for the European Union, Thierry Breton, has said that he will not be taking sides in a clash between big tech companies and telecom operators in Europe. The two factions have been conflicted over who needs to...
Microsoft unveils previews for two AI-powered services
Microsoft has been making big moves related to artificial intelligence (AI). The company has launched previews of two services powered by AI. The services have been created to manage telecom networks, using the same technology capability used to manage the...
Credit Suisse’s Klein to lay out division plans at a New York meeting
Michael Klein, the new investment banking chief at Credit Suisse Group, is expected to lay out his plans for the division this coming week at a meeting in New York. During this meeting, Klein is also expected to address concerns...
Meta set to release the LLaMA AI language model amid race for AI dominance
Meta has announced it will release a new large language model to researchers. The model is the core software used for a new artificial intelligence system. The launch comes as tech giants compete for artificial intelligence (AI) dominance. Big tech...
Google conducts news-blocking test in Canada in potential response to revenue sharing bill
The Prime Minister of Canada, Justin Trudeau, has said it was a "terrible mistake" for Google's parent company, Alphabet, to block news content in the country. The tech giant started blocking the said content as it reacted to a government...
Netflix slashes prices in some countries to increase subscriptions
Netflix has announced that it will slash the prices of subscription plans in some countries. The reduced prices come as the streaming giant looks for a way to maintain the growth in subscriber numbers as it faces increased competition and...
TSMC announces plans to create a second chip plant in Japan
Taiwan Semiconductor Manufacturing Co (TSMC) plans to build a second chip factory in Japan. This newly constructed chip plant will manufacture five and ten nanometer chips in the second half of the current decade. TSMC to build a second chip...
Boeing halts deliveries for the 787 Dreamliner jets
Boeing has temporarily suspended the deliveries of the 787 Dreamliner jets. The company has halted these deliveries as it conducts more analysis into a fuselage component. The Federal Aviation Administration has also confirmed the development. Boeing halts deliveries for 787...
Mercedes-Benz and Google unveil partnership on navigation
Mercedes-Benz recentl revealed its new partnership with Google, which will help the company significantly boost its navigational capabilities. According to the partnership announcement, the two will now be capable of enabling “supercomputer-like performance” in every Mercedes-Benz car. The cars will...
Elon Musk said that Tesla’s engineering HQ would not be relocated from California
After Tesla decided to move its corporate headquarters to Texas, many believed that the electric car maker would leave California entirely. However, Elon Musk, the company’s CEO, stated that this is not the case. Tesla will make California a home...