British fintech Revolut revenue jumps, profit tumbles in 2022
Fintech company Revolut‘s revenue rose to a record 923 million pounds ($1.1 billion) in 2022, helped by interest income growth,…
Category: Technology
Indian government testing AI for better weather forecasts as floods, droughts increase
The Indian government is testing artificial intelligence (AI) to build climate models to improve weather forecasting as torrential rains, floods…
The Digital Fifth launches accelerator programme for early-stage startups
The Digital Fifth (TDF), a fintech consulting firm, said it has launched a flagship accelerator programme for early-stage startups in…
Apple loses attempt to halt Apple Watch sales ban
Apple has lost its bid to delay an import and sales ban on the Watch Series 9 and Watch Ultra…
Americans May Be Taking on Too Much Pay-Later ‘Phantom Debt’
Klarna, which is based in Stockholm, says its global default rates are less than 1 percent. In the United States,…
Google restricting election-related responses on AI products ahead of 2024
Google plans to restrict the types of election-related questions to which its generative artificial intelligence (AI) products, including the AI-powered…
AI development in 2024 will set stage for ‘massive technology boom’: Bill Gates
Billionaire philanthropist and former Microsoft CEO Bill Gates predicted a “massive technology boom” over the next decade as scientists continue…
EU opens ‘formal proceedings’ into X over potential violations of Digital Services Act
The European Union opened “formal proceedings” into X, formerly known as Twitter, on Monday to determine whether the platform has…
Global smart personal audio market falls 3%, Apple leads
Global smart personal audio shipments fell 3 per cent (year-on-year) to 110 million units in Q3 2023, with developed regions…
WhatsApp to roll out automatic album feature for channels
WhatsApp channels feature has received automatic album creation in the latest Android beta.The introduction of an automatic album feature in…