Latest News


Paymode-X expands access to digital B2B payment network

Bottomline, a leading provider of financial technology solutions, has announced its initiative to offer access to its B2B payment network for approved financial institutions, fintech companies, and other entities aiming to enhance payment acceptance. This move allows these organizations to connect their clients to a network encompassing over 550,000 authenticated and validated suppliers, according to a press release by Bottomline.

UC Berkeley research paper finds solution for memory "bottleneck" roadblock for AI models

A new research paper titled "Ring Attention with Blockwise Transformers for Near-Infinite Context" has proposed a solution to the memory limitations faced by AI models. The paper, co-authored by UC Berkeley PhD student Hao Liu, UC Berkeley professor Pieter Abbeel, and Databricks CTO Matei Zaharia, aims to eliminate the memory "bottleneck" that restricts the amount of input AI models can handle.

Visa launches Visa AR Manager

Visa has announced the upcoming pilot launch of Visa AR Manager, a new solution aimed at streamlining virtual card acceptance for commercial merchants. The company plans to automate virtual card payments to suppliers, streamlining payment experiences for merchants, according to a press release by Visa.

Mayo Clinic surgeon: ‘Mayo Clinic has been a leader in the field of kidney transplants for six decades’

Earlier this month, surgeons at Mayo Clinic's Rochester location performed the first-ever robotic-assisted kidney transplant in the state of Minnesota. The procedure was completed by Timucin Taner, M.D., Ph.D., division chair of Transplant Surgery and Patrick Dean, M.D., according to a press release from Mayo Clinic.

Enclave brings co-working and social elegance to Lake Forest, Chicago's newest hub for suburban professionals

Enclave, a co-working lounge and social club, is set to open its newest location in Lake Forest, a suburb of Chicago, on November 1. This marks the eighth location for Enclave, following successful openings in Glen Ellyn, Downers Grove, Oak Park, Arlington Heights, Highland Park, Wilmette, and Naperville.

Microsoft Edge users attempting to download a different browser are slowed by a popup exit poll

Users of Microsoft's Edge who attempt to download an alternative browser are reportedly being met with a popup poll temporarily distracting them from proceeding to load a competing browser. According to Neowin, the options in the poll include specific reasons that a user would be switching browsers, such as difficulty searching on Google, inaccessibility to Google documents, missing favorites or passwords, too many ads and pop-ups, dislike for the news feed, slow performance, website compatibility issues with Edge, and more.

UT Health Houston professor: ‘We are looking at enhancing our capacity to regulate fear’

The University of Texas Health Houston is conducting a five-year project to study the impact of sounds as triggers for trauma and explore methods to reduce the power of those triggers. Led by Dr. Mohammed Milad, a professor in the Louis A. Faillace Department of Psychiatry and Behavioral Sciences at McGovern Medical School, the project aims to enhance the capacity to regulate fear in individuals.

Mayo Clinic department chair: ‘We are excited to collaborate with Oxford Nanopore on this effort to develop new clinical tests’

Mayo Clinic recently announced a multi-year partnership with Oxford Nanopore, a developer of the new generation of nanopore-based molecular sensing technology, to develop improved testing methods for diseases like cancer and genetic disorders, according to a press release from Mayo Clinic.

Visa’s Chairman of Board of Directors to retire

Visa's Chairman of Board of Directors, Alfred F. Kelly, Jr., has announced his retirement. According to a press release by Visa, Kelly will step down from his role as Chairman and as a member of Visa's Board of Directors on January 23, 2024. However, he will continue to serve as a Senior Advisor until February 15, 2024.

Visa’s Board of Directors to retire

Alfred F. Kelly, Jr., Chairman of Visa, will be stepping down from his role on January 23, 2024, according to a press release by Visa. Kelly will also retire as a member of Visa's Board of Directors, but will continue to serve as a Senior Advisor until February 15, 2024. Visa plans to name John F. Lundgren, the Lead Independent Director, as the new Chair of the Board, pending his reelection at Visa's annual meeting of stockholders.

President of the ITIF: 'Many in Washington have landed on export controls of semiconductors and advanced chip-making equipment as a critical weapon to limit China’s advancement'

Robert Atkinson, President of the Information Technology & Innovation Foundation, has expressed concerns about the Biden administration's proposal to tighten export controls on semiconductors to China. Atkinson suggests that while the intention may be to limit China's progress, such actions could actually risk reducing allied semiconductor competitiveness and harm U.S. capabilities.

Bank of America releases its Q3-23 report

Bank of America released its Q3-2023 financial results, revealing a 10% increase in net income to $7.8 billion, equating to $0.90 per diluted share, compared to $7.1 billion, or $0.81 per diluted share in Q3-22 according to the Q3-2023 Report provided by Bank of America.

New airlines trust Flying Food Group 'for great service' amid U.S. market expansion

Throughout the spring and early summer months of 2023, airline catering company Flying Food Group secured multiple new contracts, expanding its airline catering services across the United States. The company, founded by Sue Gin and headquartered in Chicago, Illinois, has an operational presence in kitchens across the country.

Coinbase opens EU MiCA hub in Ireland

Coinbase, a prominent cryptocurrency exchange platform, has selected Ireland as its EU hub for MiCA regulations, enhancing its international expansion by providing cryptocurrency services to 27 countries under a unified regulatory framework.

CITA Vice President of Regulatory Affairs: 'The wireless industry commends the FCC for its ongoing efforts to enhance and support the Wireless Emergency Alert system'

Amy Bender, Vice President of Regulatory Affairs for the Communications & Information Technology Association (CTIA), has commended the Federal Communications Commission (FCC) for its efforts to enhance the Wireless Emergency Alert (WEA) system. Bender expressed her support for the FCC's focus on providing actionable information to consumers and strengthening the life-saving system.

The Semiconductor Industry Association appointed Zach Isakowitz as director of government affairs

Semiconductor Industry Association Zach Isakowitz has been appointed as the Director of Government Affairs, according to an announcement by the Semiconductor Industry Association (SIA). In this role, Isakowitz will work closely with Congress, the White House, and federal agencies to advocate for the industry's policy priorities.

Google teams up with Mistral AI to integrate their cutting-edge AI model into Google Cloud

Google and Mistral AI have joined forces to bring cutting-edge AI technology to Google Cloud, aiming to help smaller businesses incorporate AI into their own products and services. Mistral AI, one of Europe's leading AI producers, is integrating its advanced AI model, Vertex AI, into Google Cloud. This integration will make it easier for businesses to adopt AI technology.

Palo Alto Networks released Code to Cloud Intelligence to help find patterns, behaviors, and anomalies across code

Palo Alto Networks, a leading cybersecurity company, has unveiled a new tool called Code to Cloud Intelligence. This tool, which is part of the Darwin release, aims to assess patterns, behaviors, and anomalies across code. By analyzing code, organizations can identify and address security issues at their source, mitigating potential damage and preventing future breaches.

Citi and Navan unveil comprehensive travel and expense system for Commercial Bank clients

Citi has announced a collaboration with Navan to introduce a comprehensive travel and expense system specifically designed for Citi Commercial Bank (CCB) cardholders. The partnership aims to provide a seamless digital experience for Citi Commercial Bank cardholders through Navan Connect's innovative card-link technology, integrating Navan's all-in-one solution with Citi's commercial card solutions.

Apple engineer testified that Google Search was superior to Bing

John Giannandrea, Apple's senior vice president of Machine Learning and AI Strategy, testified in the ongoing Google antitrust trial and affirmed Google as the superior search engine choice over Bing when given the option. According to Giannandrea, Apple had considered several different search options for Safari, including Bing, but Google was overwhelmingly seen as the better option.