The Associated Press (AP) reported that the Dow Jones Industrial Average slipped by 0.1% compared to the S&P 500, which increased by 0.1%. US markets were closed on 19 June 2024 for the Juneteenth bank holiday. European equities were down, with the FTSE 100 dipping by 0.2%. UK inflation rates are currently at the benchmark…
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This company claims that it offers a “powerful generative AI platform that mirrors human capabilities, by accurately and autonomously handling complex customer support jobs”. The AI service can reportedly supplement or replace a company’s customer care worker pool. Based on a Reuters report, OpenAI, which was backed by Microsoft Corporation (MSFT), started the current AI…
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According to CNBC, the US Department of Commerce stated that retail spending was “adjusted for seasonality but not inflation”. This performance was, however, better than the April 2024 0.2% drop. Compared to the retail spending a year ago, the latest was up by 2.3%. Fuel spending dipped by 2.2%, but the 2.8% hike recorded by…
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British private equity group Permira owns the group, and it said in a statement: the significant deterioration in market conditions following European Parliament elections this month and the calling of a general election in France have impacted European markets performance. They specifically mentioned that this is affecting the luxury market in which the brand operates.…
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The fast-food chain has been using AI systems to respond automatically to customer orders as part of its deal with IBM, which has been in place since 2021. The trial is set to end on 26 July, with some industry analysts wondering what this decision means regarding the possible rollout of AI across the leading…
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Based on the documents filed with the Australian Federal Court on Monday, 17 June 2024, the OAIC alleges the breach occurred via the employee of one of the company's contractors. This IT service desk operator reportedly saved login details to an external browser and the hackers gained access via this portal when the device was…
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Based on PR Newswire information, users can use more than 20 fiat currencies to purchase crypto assets. The platform indicated it would charge no fees for these transactions between 17 June 2024 and 1 July 2024. The company stated that users can simply choose Apple Pay at checkout after selecting their cryptocurrency and fiat payment…
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The computer maker was listed on the LSE for the first time this week and rose 47% on Tuesday: a strong start. However, Friday marked the first day the shares were open to all investors, as they were previously listed on a conditional basis purely for institutional buyers. RPI sources have already confirmed that the…
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The Singapore-based cryptocurrency platform and Kwon defrauded clients for years through crypto asset securities, resulting in huge losses when the business failed. The SEC lodged its case against Terraform and Kwon in February 2023. The financial watchdog said the trial, which took place in April 2024, unveiled how Terraform and its CEO deceived victims through…
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Analysts believe India’s developing economy presents an ideal investment climate. The country’s overall economy is on track to grow by approximately 7.6% in the present financial year. According to CNBC, Krishnamurthy Subramanian, executive director of the IMF, described India’s economic landscape as “easily” the fastest-growing economy worldwide. The media outlet reported that Kevin T Carter,…
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