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Category Archives: Tech
McKinsey Warns Banks Risk $170B Profit Decline From AI
McKinsey describes AI as a double-edged sword: it offers banks the potential to cut operating costs, yet could also disrupt traditional profit pools as customers use AI tools to manage their finances more efficiently. The post McKinsey Warns Banks Risk … Continue reading
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UK Regulator Confirms Apple and Google Hold ‘Strategic Market Status’
Competition and Markets Authority’s classification grants it expanded authority to tackle potential competition issues across the nation’s app and mobile markets. The post UK Regulator Confirms Apple and Google Hold ‘Strategic Market Status’ appeared first on TechRepublic.
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Redwood Materials raises another $350M to power up its energy storage business
The round was led by Eclipse and saw participation from Nvidia’s venture capital arm, NVentures.
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NHL partners with Kalshi and Polymarket, igniting tribal gaming sovereignty backlash
The National Hockey League (NHL) is stepping into new territory by signing licensing deals with prediction market operators Kalshi and Polymarket. The move takes the league’s official partnerships beyond the usual sportsbooks like DraftKings and FanDuel. It’s the first time … Continue reading
Sweepstakes ban would cost New York $230M annually, says SGLA
The Social Gaming Leadership Alliance (SGLA) has stated that a ban on online social games and sweepstakes in New York would amount to a loss of $230 million annually to the state’s economy. The group has raised concerns and presented … Continue reading
Unibet parent company Platinum Gaming handed $13M fine by UK regulator over repeated failings
The UK Gambling Commission has issued a £10 million ($13 million) fine to gambling operator Platinum Gaming. The British regulator has found that Platinum Gaming has breached anti-money laundering safeguards and has racked up several social responsibility failings across their … Continue reading
Alibaba prices AI glasses at $660 to rival Meta and launches ChatGPT challenger
The Quark AI glasses and chatbot product highlight an increasing area of focus for Alibaba — AI that is aimed at consumers.
Europe’s big enterprise AI hope SAP books 85% of 2026 revenue as deals boom
The German company is focused on creating value for customers, rather than feeding into the “hype.”
First rare earths and chips, now quantum computers: Trump reportedly eyes new U.S. stakes
The Trump administration is reportedly in talks with several quantum-computing firms about government taking equity stakes in exchange for funding.
Canada Prepares to Launch Financial Crimes Agency
The announcement comes amid a sharp rise in scams targeting Canadians and growing calls for stronger protections. The post Canada Prepares to Launch Financial Crimes Agency appeared first on TechRepublic.
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