Generative AI: Adobe's Finance Organization Embraces Innovation 　　Introduction　　Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...

The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.

　　Former Citibank Analyst's Unfair Dismissal Claim Rejected 　　Employee Lied About Food Expenses　　A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer. 　　Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....

　　California's New Law: Turning Parking Lots into Affordable Housing 　　Introduction　　In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing. 　　The Law's Provisions　　The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...

In the case of the Paytm IPO, most HNIs chose to stay away because of concerns over expensive valuations and also funding constraints.

Paytm founder Vijay Shekhar Sharma said people will take time to understand the company's business model.

At the interbank forex market, the local unit opened strong at 74.10 against the greenback and witnessed an intra-day high of 74.01 and a low of 74.26 during the day's trade. It finally ended at 74.24 a dollar against the previous close of 74.28.

We are positive on the overall digital opportunity because we see this as the next 10-20 (years) future for India," Venugopal Garre, Managing Director, Bernstein, told CNBC-TV18.

Investors with a lot of money to spend have taken a bearish stance on Microsoft ( MSFT ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...

(Reuters) - Dassault Systèmes on Tuesday said that it has worked with Apple ( AAPL ) to integrate Apple's ( AAPL ) Vision Pro into its 3D software, which is widely used in manufacturing, life sciences and urban planning. France-based Dassault Systèmes has hundreds of thousands of customers who use its software to design cars, airplanes and factories, according to...

(Reuters) - Australian logistics software maker WiseTech Global ( WTCHF ) appointed Richard White as its executive chairman on Wednesday, even as the firm's board and investors remain split over the billionaire founder's role following a flurry of controversies. Earlier in the week, four non-executive directors announced their departure from the firm, owing to differing views around White's role in...

(In paragraph 9, please read Intel ( INTC ) is using 18A manufacturing technology to test the high NA tools, not using high NA machines to develop 18A manufacturing technology) By Stephen Nellis SAN JOSE, California, Feb 24 (Reuters) - Intel ( INTC ) on Monday said that the first two cutting-edge lithography machines from ASML Holding are in production...

India-Canada Tension: While BookMyShow's official statement did not explicitly state the reason behind the cancellation, it confirmed that 'singer Shubneet Singh's Still Rollin Tour for India stands cancelled.' It assured all ticket holders that their money would be refunded in 7-10 working days.

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

The investigation moving forward would be the most productive thing that can happen now, according to Blinken's statement.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

(Reuters) - Popular investor Cathie Wood's ARK Invest bought nearly 10,000 shares of Reddit ( RDDT ) in the social media platform's strong market debut on Thursday, an email from the asset manager showed. A total of 9,982 shares of the loss-making company was added to ARK Next Generation Internet ETF ( ARKW ) and ARK Fintech Innovation ETF (...

TOKYO (Reuters) -Japanese firms have agreed to raise pay by 5.25% this year, the biggest rise under comparable data since 2013, the country's largest union group Rengo confirmed on Friday. The results of the closely-watched wage negotiations are announced in several stages, in which the blue-chip firms are first to wrap up their talks in mid-March. The second announcement on...

(Reuters) - FedEx ( FDX ) shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit. Shares of the company rose 12.4% to $297.75 before the bell, with rival UPS up 3.5%. FedEx ( FDX ) has taken several measures to protect margins...

05:04 AM EDT, 03/22/2024 (MT Newswires) -- Hutchmed ( HCM ) said late Thursday it has started the registration stage for a phase 2/3 clinical trial of investigational drug sovleplenib for adult patients with warm antibody autoimmune hemolytic anemia in China. The move follows positive data from the proof-of-concept phase 2 stage of the trial and a consultation with the...

The total net inflow for spot Bitcoin ETFs on May 22 was $154 million, continuing an eight-day streak of positive inflows. Meanwhile, the Grayscale Bitcoin Trust (GBTC) ETF experienced an outflow of $16.0914 million. BlackRock’s iShares Bitcoin Trust (IBIT) had a single-day inflow of $91.9527 million, and Fidelity’s FBTC ETF saw an inflow of $74.572 million. Ark Invest’s ARKB also...

Ben Zhou, CEO of cryptocurrency exchange Bybit, has addressed circulating rumors about the platforms hacking and insolvency. He denied all insolvency rumors and shared evidence of Bybit’s financial holdings and crypto assets. Bybit CEO Shares Proof-of-Reserves In a May 23 X post, Zhou denied the allegations, asserting that they have no factual basis. None of the rumours that I have...

All eyes in the cryptocurrency community are set on the US Securities and Exchange Commission and its upcoming decision about VanEcks Ethereum ETF application. As it happened earlier this year when Bitcoin was in focus, the pre-decision volatility has already started with notable price declines for the top assets. CryptoPotato reported on Monday the positive winds of change in the...

The latest market recovery has sparked concerns about a potential retracement. But a new analysis offers a reassuring perspective for those who are apprehensive. According to Santiment, the growing number of non-empty stablecoin wallets indicates increased investor interest and engagement in stable assets. Growing Confidence in Stablecoins During Market Recovery Specifically, in 2024, the number of non-empty USDC wallets increased...