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...“By coming together, I think we can accelerate very substantially the arrival of AI services in the Global South,” said Smith....
Talks show largest US lender’s appetite for a payments network to support its credit card business
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...Results at BofA, like its large competitors, were also dragged down by costs tied to last year’s regional banking crisis after the Federal Deposit Insurance Corp imposed another round of fees on the nation...
...*Ignites Europe is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at igniteseurope.com....
...Its own generative AI-supported services will benefit from improvements that come from the public....
Plus, Shein considers London for its IPO and Blackstone strikes a deal with Barclays
...Hot wage growth contributed to keeping services inflation elevated at 6.1 per cent in February....
...On Monday, the Virginia-based bank said it had agreed to acquire Discover Financial Services for $35bn, to be paid all in stock....
US activist’s interest comes as London-listed SMIT has fallen out of favour
...It followed a stand-off between the then government and the tech sector that led to Google warning it would shut down its search services in Australia....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
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Takeover set to unite two of the US’s largest credit card companies and reshape industry
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...However, Starship could also undermine the business cases of the hundreds of rocket start-ups that have been launched globally in recent years, which all hope to tap into rising demand for satellite services...
...Thomson Reuters acquired its holding in LSEG when the financial services group bought its former financial data business Refinitiv for $27bn in 2019....
...The executive has previously acknowledged that he should have told the board about the $5.9mn payment instruction but has denied wrongdoing, saying the payment was made for security services....
...Chinese AI services....
...Russian forces are using Starlink terminals on the front line in Ukraine, according to the Ukrainian military, which said the adoption of Elon Musk’s satellite internet service by Moscow’s troops was becoming...
...Microsoft has for several years pushed its subscription service, Game Pass, which is available on Xbox and PC but not on PlayStation....
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