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Mobile Games Developer Huuuge Says Has $24.2 Million at Svb
Date: March 13, 2023
(Reuters) – Mobile games developer Huuuge Inc said late on Saturday about 10% of its cash and securities were held at the collapsed Silicon Valley Bank (SVB), adding it has sufficient resources to meet cash requirements for the foreseeable future. U.S.-registered Huuuge said it had about $237 million of cash and securities as of March...
Over a Dozen Chinese-Based Firms Say They Have Minimal Exposure to Svb
Date: March 13, 2023
HONG KONG (Reuters) -Over a dozen Hong Kong-listed companies have stepped forward to say they had little or no exposure to Silicon Valley Bank, the failed U.S. lender which has roiled investors and markets globally. Startup-focussed SVB Financial Group, which did business as Silicon Valley Bank, collapsed on Friday in the largest bank failure since...
Lumen Research Expand US Operations With Key Sales and Customer Success Hires
Date: March 7, 2023
Lumen Research, the global attention technology company, is ramping up US operations to meet increased demand for attention measurement and optimization solutions. In Los Angeles, Bill Forelli joins Lumen as VP of Sales, North America, bringing extensive experience in ad-tech measurement and brand sales through executive positions at Frameplay, Newegg, and others. Heading up US...
HelloFresh Sees 2023 Core Profit of 460-540 Million Euros
Date: March 7, 2023
(Reuters) – German meal-kit maker HelloFresh forecast a higher 2023 core profit on Tuesday, as it focuses on strengthening its customer offer despite cost pressures. It sees adjusted core profit (AEBITDA) of between 460 million and 540 million euros ($491.60 million-577.10 million) in 2023. The guidance midpoint of 500 million euros compares with AEBITDA of...
5 Use Cases of Nlp in Banking and Finance
Date: March 6, 2023
Security risks and other technological pitfalls are the most common threats to a financial company. And while a proactive approach to cybersecurity is a significant deterrent to costly attacks, other technologies, such as Natural Language Processing (NLP), can help industries dramatically improve their operations. As one of the main branches of Artificial Intelligence, NLP is...
JD.com Provides Consistent Service to Customers and Strong Benefits for Workers During Chinese New Year 2023
Date: March 6, 2023
Although not as well-known or celebrated in much of the western world, for China and a number of other East Asian countries, Chinese New Year (also known as Lunar New Year or Spring Festival) is the most important holiday of the year. Celebrating the beginning of a new year on the Chinese lunisolar calendar, it...