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Three of the largest companies in telecom and technology are pushing artificial intelligence out of far-flung data centers and into the infrastructure of everyday life, a shift that lets AI act on information the moment it is created rather than after a round trip to a remote server.
A new set of announcements from telecom and infrastructure companies at Nvidia GTC shows how quickly...
The federal bank regulators are seeking comment on three proposals they said would streamline capital requirements for banks of all sizes, better align regulatory capital with risk, and maintain the safety and soundness of the banking system.
The Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board and Office of the Comptroller of the Currency (OCC) announced the...
Alibaba Group saw growth across both its cloud and eCommerce segments during the quarter ended Dec. 31, according to a Thursday (March 19) earnings release.
Overall, the company saw year-over-year revenue growth of 2%. When revenue from two businesses that Alibaba sold (Sun Art and Intime) is excluded, that figure rises to 9%, according to the release.
The company’s Cloud Intelligence...
Google has updated its Universal Commerce Protocol (UCP), the agentic commerce standard launched in January.
Since then, the tech giant said on its blog Thursday (March 19), the company has worked with “community contributors” on new options for the UCP.
Among these is a new “Cart” option that lets agents save or add multiple items to a shopping cart at the same time from a single...
Payments and digital banking company Klarna says its Klarna Card now has 5 million customers.
In announcing the milestone Thursday (March 19), the Swedish FinTech said this highlights rapid adoption by consumers seeking more control over their money.
“The pace of adoption shows a clear shift in how consumers want to manage everyday spending,” David Sandström, chief marketing officer at...
Prediction market Polymarket has signed a new agreement with Major League Baseball (MLB).
This agreement makes Polymarket the baseball’s official prediction markets exchange, the league announced Thursday (March 19).
“A key component of the partnership between MLB and Polymarket will be establishing a comprehensive integrity framework, which includes working together to restrict...
House Republicans want to draw new boundaries between the Federal Reserve and the U.S. Treasury.
In a hearing held on Wednesday (March 18), the House Financial Services Committee’s Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity examined the Treasury-Fed Accord, a 1951 agreement designed to separate monetary policy and government debt management....
Retailers today are operating under intense margin pressure from multiple directions.
eCommerce has introduced higher fulfillment and return costs, while supply chain volatility has increased inventory risk. At the same time, consumers have been conditioned by years of price competition and digital transparency to expect both low prices and frequent promotions.
This creates a...
Klarna has lost four executives since January, Bloomberg reported Thursday (March 19), citing updates in LinkedIn profiles.
Andrea Ferraz Estrada, head of investor relations and M...
Paythru, a payments orchestration platform focused on electric vehicles (EVs), has partnered with Visa to create a white-label fleet wallet for EV charging payments.
The fleet wallet is designed for fleet operators and mobility platforms, Paythru said in a press release.
The wallet lets fleet drivers charge at any EV charging point; make other mobility payments defined by their...