BOJ confirms effects and side effects of monetary easing policy for future operations at the monetary policy meeting Kyodo News Agency, April 28 – The Bank of Japan has decided to maintain its current large-scale monetary easing policy at its monetary policy meeting on the 28th. The decision was made unanimously by the nine policy […]
Private Enterprises Take Center Stage in National Worker Pioneer Commendation Conference Beijing hosted the National Worker Pioneer Commendation Conference and celebrated the “May 1” International Labor Day on April 27, 2023. The event recognized individuals and groups for winning the National May 1st Labor Award, National May 1 Labor Medal, and National Worker Pioneer. The […]
China’s digital economy is set to grow significantly with a nominal annual growth rate of 10.3%, accounting for 41.5% of GDP, per the Digital China Development Report (2022). The latest report from Mainland China shows that the digital economy’s scale is expected to reach 50.2 trillion yuan in 2022, securing the second spot in the […]
Andreessen Horowitz, Iconiq, and Menlo Ventures invest in Pinecone’s AI platform for vector data storage Pinecone Systems Inc. has raised $100 million in a funding round, with participation from Andreessen Horowitz, Iconiq, Menlo Ventures, and Wing Venture Capital, valuing the AI platform at $750 million. The New York-based startup provides vector data storage for large […]
Uber Freight Carrier Card now available for Fuel purchases Uber Freight, the shipment marketplace, has launched a fintech tool called the Carrier Card, which can be used to make fuel purchases through the company’s platform. Powered by AtoB, a fleet card management platform, eligible carriers in Uber Freight’s network can now handle their fuel expenses […]
Higher interest rates failed to curb robust consumer spending as the U.S. economy grew for the third consecutive quarter in Q1. According to the Commerce Department, the U.S. economy grew at a slower pace of 1.1% in the first quarter of 2023. The figures indicate a decline from the 2.6% growth in the last quarter […]
Carolyn Bryant Donham, whose accusation led to the brutal lynching of Emmett Till, has passed away in Louisiana, according to the coroner’s office Carolyn Bryant Donham, the woman who falsely accused 14-year-old Emmett Till of harassment in 1955, leading to his lynching, has died at 88, as confirmed by the Calcasieu Parish coroner’s office. Till, […]
Get ready to see more AI-made profile pictures on TikTok as the app introduces generative AI avatars. TikTok is set to launch a new feature that will allow users to create AI-generated profile pictures, social media consultant Matt Navarra revealed. The Verge shared images and a video of the tool, giving users a sneak peek […]
Alexander Schallenberg defends Austria’s relationship with Russia and Raiffeisen Bank International. Vienna, Austria – Austria’s Foreign Minister, Alexander Schallenberg, has defended the country’s close relationship with Russia, saying that Russia will always remain important for Europe. Schallenberg criticized those who believe Europe can decouple from Russia, calling it delusional. Schallenberg also defended Raiffeisen Bank International, […]
In the world of music, AI-generated chart-toppers are making waves. A group of researchers from Sony’s CSL research lab have created an AI that can produce original songs that sound like they’ve been composed by humans. The AI has already built a track that has made it into the top 30 on the Japanese charts. […]