Submer Secures $55.5M to Advance Immersion Cooling Technology
Submer raised $55.5M to expand its immersion cooling technology. The funding supports sustainable datacenter solutions amid rising AI demands. Investors…
Russian Court Orders $372 Million Asset Freeze of U.S. Banks
Moscow court froze $372 million in assets of U.S. banks. Legal action ties to Ukrainian central bank's treatment of MR…
Bank of America Faces Account Balance Display Outage
Bank of America experienced an outage affecting account balance displays. Customers reported the issue began around 12:47 p.m. on Wednesday.…
Core Banking Solutions Drive Real-Time AML Compliance Efforts
Core banking systems support real-time AML compliance and transaction management. Partnerships between banks and FinTechs enhance digital offerings and compliance.…
Microsoft Invests $4.8 Billion in Italy for AI and Cloud Expansion
Microsoft announced a $4.8 billion investment in Italy's tech infrastructure. The plan includes expanding data centers and enhancing digital skills…
Amazon Plans Increased Advertising on Prime Video
Amazon plans to expand ad slots on Prime Video by 2025. User churn remains low, showing acceptance of ad-supported content.…
Blockchain Technology Expands Beyond Cryptocurrency
Blockchain extends beyond cryptocurrency, entering mainstream industries globally. Regulatory challenges hinder blockchain's broader acceptance and growth. Businesses must adapt to…
Venmo Introduces Scheduled Payment Feature for Users
Venmo announces a scheduled payment feature for enhanced user convenience. It benefits Teen Account users, allowing parental control over transactions.…
BMW Pursues Hydrogen Fuel in Collaboration with Toyota
BMW partners with Toyota to develop a hydrogen fuel cell vehicle by 2028. Lack of hydrogen infrastructure and high costs…
JPMorgan Notes Increased Activity in Private Equity-Backed IPO Market
JPMorgan notes interest in IPOs from private equity-backed firms. Market conditions improving but proceeds remain below usual levels. Companies weigh…
