Australia

Apple improves iMessage security to defend against quantum computing attacks

Apple improves iMessage security to defend against quantum computing attacks

Apple is improving the security of its iMessage app, aiming to defend against a looming future threat: advanced quantum computing attacks. The changes will be part of a new system called PQ3, he said Manzana on Wednesday. It is a more advanced type of encryption that could thwart attacks by quantum computers, a still nascent ...

Bezos-backed Brazilian fintech doubles profits while conserving cash

Bezos-backed Brazilian fintech doubles profits while conserving cash

Stark Bank, one of the few Latin American startups backed by Jeff Bezos’ family office, is generating profits from its business of helping companies manage payments, while leaving the cash raised from its financing rounds almost intact. In 2023, the São Paulo-based company managed 155 billion reais (US$31 billion) in payments, three times more than ...

Capital One will buy Discover for $35 billion in the largest transaction of the year

Capital One will buy Discover for $35 billion in the largest transaction of the year

Capital One Financial Corp. has agreed to purchase Discover Financial Services in a $35 billion deal that will create the largest US credit card company by loan volume, which will give the combined entity a stronger foothold to compete with Wall Street giants. Capital One will pay 1.0192 of its own shares for each Discover ...

Crisis in the media in the US increases wave of personnel cuts

Crisis in the media in the US increases wave of personnel cuts

At the end of 1940, it was estimated that the circulation of daily newspapers in the United States was around 41 million copies. It was a different world than today, the news of the war came either through the radio or through the photos that were the covers of the tabloids. That is why the ...

Star plunges into risk as Sydney casino license may be stripped

Star plunges into risk as Sydney casino license may be stripped

Star Entertainment Group Ltd. shares plummeted to a record low on Tuesday after the New South Wales state gaming regulator launched a second investigation that could see the embattled company stripped of the license to operate its flagship casino in Sydney. The stock plunged as much as 26% in Sydney trading, reducing the company’s value ...

External factors will affect Bimbo's annual report according to market forecasts

External factors will affect Bimbo’s annual report according to market forecasts

El Economista – Mexico City Grupo Bimbo, the largest bakery company in the world, will present its annual report on the Mexican Stock Exchange (BMV) with negative income, analysts predicted. “Approximately 55% of Bimbo’s sales are made in dollars, the appreciation of the peso against the US bill during 2023 will significantly impact the company’s ...

France and Germany will propose reducing EU rules that harm growth

France and Germany will propose reducing EU rules that harm growth

French finance chief Bruno Le Maire said he will make proposals in early March with German Economy Minister Robert Habeck to reduce tax rules. European Union that, According to him, they are holding back businesses and harming growth. “We are running an economical 100-meter race with a ball and chain around our ankle,” Le Maire ...

After fires in Valparaíso, insurers report 575 complaints in their first balance sheet

After fires in Valparaíso, insurers report 575 complaints in their first balance sheet

Financial Diary – Santiago Two weeks after the fire that affected more than 9,000 hectares in the Valparaíso Region, the Association of Insurance Companies of Chile (AACh) delivered this Friday its first report on the number of claims reported to the companies. So far this month, a total of 575 accidents collected until Thursday, February ...

Former Thai Prime Minister Thaksin Shinawatra released on parole

Former Thai Prime Minister Thaksin Shinawatra released on parole

Former Thai Prime Minister Thaksin Shinawatra was released from prison on Sunday after the coalition government led by a party backed by his family granted him special parole citing his old age and illness. Thaksin, 74, was released six months before the end of his prison sentence from a police hospital in Bangkokwhere he was ...

President Biden said fall of Ukrainian city shows delays in aid

President Biden said fall of Ukrainian city shows delays in aid

President Joe Biden blamed failure to approve emergency aid to Ukraine by American legislators for the fall of Avdiivka, which gave Russia a major battlefield victory after months of fighting for control of the city. Attempts to release emergency foreign aid to U.S. allies have been stuck in a partisan stalemate in Congress for months.forcing ...