Buffett-backed Nubank reaches 70 million clients

Reuters | September 26, 2022

SAO PAULO (Reuters) – Brazil’s Nubank has reached 70 million clients across its three operating countries, Latin America’s largest financial technology company said on Monday. The digital bank, backed by investors including Warren Buffett’s Berkshire Hathaway and Softbank Group Corp, said it had 66.4 million customers in Brazil, its main market, up from 62.3 million […]

Accenture warns of forex hit amid strong IT services’ demand

Reuters | September 22, 2022

By Chavi Mehta (Reuters) -Accenture Plc on Thursday warned this year’s dollar surge would hurt its fiscal 2023 results, even as robust demand for digital offerings helped the IT services major top quarterly earnings estimates. U.S. firms with large overseas operations such as Microsoft and Salesforce have in recent months flagged the toll from the […]

Nvidia unveils new gaming chip with AI features, taps TSMC for manufacturing

Reuters | September 20, 2022

By Stephen Nellis (Reuters) – Nvidia Corp on Tuesday announced new flagship chips for video gamers that use artificial intelligence (AI) to enhance graphics, saying it has tapped Taiwan Semiconductor Manufacturing Co to make the processors. Nvidia has gained attention in recent years with its booming data center business, which sells chips used in artificial […]

Amazon, Google slam Microsoft’s cloud computing changes

Reuters | August 30, 2022

By Foo Yun Chee BRUSSELS (Reuters) – Amazon and Alphabet unit Google criticised Microsoft’s cloud computing changes on Tuesday, saying they limit competition and discourage customers from switching to rival cloud service providers. The U.S. software giant on Monday announced amended licensing deals and other changes that will take effect on Oct. 1 and which […]