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Proxy adviser calls on investors to replace chairs of BASF and Munich Re, who previously served as chiefs of their groups
...SK Hynix is the world’s leading producer of high-bandwidth memory chips, crucial components in Silicon Valley giant Nvidia’s graphics processing units, which are used to train systems such as Open AI’s ChatGPT...
...Credit card processing fees tend to be higher in the US than in the EU, where they are capped....
...Even before Ticketmaster’s 2010 merger with concert promoter Live Nation, concert goers and sports fans complained about the platform’s high processing fees, surcharges and failure to crack down on ticket...
Europe’s biggest producer is moving away from carbon-intensive blast furnaces and towards hydrogen-powered processing
...In the US, merchants paid a record $172bn in processing fees to accept $11.2tn in card payments last year, according to the Nilson Report....
...He said that Tesla had installed 35,000 H100 Nvidia AI model training graphics processing units and that this number would rise to 85,000 by year end....
...The revelations add to the concerns that Wirecard itself, a payment processing company that was once the darling of Europe’s fintech scene before being exposed as a fraud by the FT, may for years have been...
...Processing AI on handsets also plays to the company’s strengths in privacy and security, making it easier to tap into user data to personalise its new services....
...SK Hynix is also developing an HBM4 chip that is expected to double processing speeds....
...Stripe will allow its employees to cash out about $1bn of stock at a valuation 30 per cent higher than last year, as the payments processing group continues to put off going public amid uncertainty in global...
Chinese EV giant is widening its range by price point and fuel type
...Faster data processing speeds and transfer rates require a larger number of chips that take up more physical space and consume more power....
...Discarded electronic devices, for example, are usually first collected by local authorities or manufacturers, which then pass them on to companies that do the dismantling and so-called pre-processing, where...
...“We are making progress in improving processing times at Postbank,” Deutsche said in a statement....
Senior minister Benny Gantz’s White House visit lays bare growing tensions within Israel’s war cabinet
...Tomiie, an entrepreneur who has spent much of his career selling cosmetics in his native Japan, was a director of Singapore-based Senjo, one of the Asian businesses that Wirecard said it outsourced payments processing...
...the move to help AI start-ups pay for computing costs comes after internet companies with cloud computing services cancelled contracts, as stricter US controls prompted them to “hog the GPUs [graphics processing...
...The high computing demands of AI have increased the focus on NPUs, or neural processing units, the parts of a chip which handle AI — one area in which Qualcomm’s new chip is winning accolades....
...Network effects are familiar by now: information processing products and marketplace services become more valuable the more users they have. “Recombination of ideas” is more complex....
...His victims included “climate change activists and individuals and financial firms that had been a critical part of the German payment processing company Wirecard”, they said in a statement on Thursday....
...However, Biz2Credit’s strong fraud detection methods have drawn inquiries from regulators concerned that it took longer than the 14 days it advertised for PPP loan processing....
...America is home to some of the highest credit card processing costs in the world....
...The PSR, which is conducting a separate probe into card networks’ processing fees, has given interested parties until the end of January to respond to its findings and proposals....
...A version of this article was first published by Nikkei Asia on January 31. ©2024 Nikkei Inc. All rights reserved....
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