newscaster

ECB Maintains Status Quo as Underlying Inflation Continues to Decline: A Live Commentary

ECB stands pat, declining trend in underlying inflation continues Introduction The European Central Bank (ECB) recently announced its decision to leave its monetary policy unchanged, as widely expected. This means that the main refinancing, marginal lending, and deposit rates will remain at 4.50%, 4.75%, and 4.00% respectively. In its accompanying statement, the ECB noted that…

Read More

Revolutionizing Industries: Mastek and Microsoft Partner to Harness the Power of Generative AI

Mastek Partners with Microsoft to Drive Innovation with Azure AI Services Introduction Mastek, a leading digital engineering and cloud transformation company, has recently announced a strategic collaboration with Microsoft. This collaboration aims to leverage the power of Microsoft Azure OpenAI Service and Azure AI Services to deliver cutting-edge solutions for various industries such as retail,…

Read More

Mastercard Commits to Empowering Farmers through Digital Inclusion: A Transformative Initiative

Mastercard Pledges Transformative Steps to Deepen Digital Inclusion Among Farmers Mastercard Foundation’s Commitment to Digital Enlightenment Mastercard Foundation has reaffirmed its steadfast commitment to ensuring that no farmer in Uganda is excluded from the digital enlightenment, recognizing the pivotal role of digitalization in modern financial transactions. This move is a clear portrayal of the organization’s…

Read More

Breaking into the US Market: Swedish Fintech Giant Klarna Sets Sights on IPO

The Swedish-headquartered fintech Klarna is planning to go public in the United States A Leader in BNPL Services The Swedish-headquartered fintech Klarna is making waves in the financial industry with its buy-now-pay-later (BNPL) services. The company’s Chief Executive Officer, Sebastian Siemiatkowski, recently mentioned in an interview with Bloomberg that Klarna is planning to go public…

Read More

CDNetworks Crushes Blockchain DDoS Attack at Record-Breaking 1.025 Tbps – Just in Time for Bitcoin ETF Approval!

Tracing the Waves of the Crypto DDoS Attack SINGAPORE, Jan. 24, 2024 /PRNewswire/ — CDNetworks, the APAC-leading network to deliver edge as a service, successfully detected and shielded a cryptocurrency exchange from a relentless Blockchain DDoS attack that occurred on January 9, 2024, which peaked at 1.025Tbps. Peering into the Cryptic World of Cryptocurrency Let’s…

Read More