Business

Jio Financial Services Introduces Revolutionary Digital Banking App in India

Jio Financial Services has launched its JioFinance app in beta, saying it aims to accelerate digital transformation and improve the “financial well-being of every Indian”. The app is designed to make digital banking and everyday finances easier for users, the company said in a press release on Thursday (May 30). “Our end goal is to…

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Tesla plans to release its FSD software in China

Tesla is about to register its advanced driver assistance software, known as “Fully Self-Driving” (FSD), with China’s Ministry of Industry and Information Technology, according to people familiar with the matter. This is the first step that could see employees test the system before it is eventually rolled out to customers in Tesla’s second-largest global market.…

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Amazon Prime Members Now Get Grubhub Food-Delivery Subscription

Amazon is offering Prime members a free Grubhub subscription, his latest attempt to make the $139-a-year loyalty program perks more enticing. The e-commerce giant previously offered Prime members an annual subscription to Grubhub, which includes free delivery on orders over $12. The partnership announced Thursday makes food delivery an integral part of Amazon’s membership program.…

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Market Watch: Bizholding’s Key Investments Set to Reshape Industry Landscape

INTRODUCTION: As we step into 2024, businesses find themselves at a critical juncture. The global landscape is shifting, and companies must navigate a complex web of geopolitical tensions, economic uncertainties, and technological disruptions. Among the players in this dynamic environment, Bizholding stands out with its strategic investments that promise to reshape entire industries. In the…

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Valor, a16z, and Sequoia Invest $6B in Elon Musk’s xAI

In one of the biggest transactions in the fiercely competitive early market, Elon Musk’s artificial intelligence company, xAI, announced today that it had raised $6 billion in a new investment round. With this money, he plans to aggressively take on competitors like OpenAI, Microsoft, and Google. Investors in xAI’s Series B raising money include Valor…

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North Korea Reveals Plans to Launch Satellite by June 4

As the leaders of Japan, South Korea, and China hold an unusual trilateral summit in Seoul, North Korea has notified Tokyo that it plans to launch its second military reconnaissance satellite by June 4, Japan’s maritime report said. The National Security Agency made the announcement early Monday morning.Following North Korea’s announcement, the Coast Guard has…

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No one will have a job”: Elon Musk’s greatest fear is artificial intelligence

According to CNN, Elon Musk, the CEO of Tesla, believes that artificial intelligence (AI) will eventually replace all employment and that this is not necessarily a bad thing. “Probably none of us will have a job,” Musk remarked on Thursday while speaking at a startup and innovation event in Paris. During his webcam speech at…

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