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HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking the latest failed fintech venture by a traditional bank (Akila Quinio/Financial Times)

Akila Quinio / Financial Times : HSBC shuts Zing after launching the payments app in Jan. 2024 to compete with Revolut and Wise, marking ...

23 January 2025

Sources: ByteDance has earmarked over $20.6B in capital expenditure for 2025, with about half of the amount on AI-related infrastructure outside China (Reuters)

Reuters:
Sources: ByteDance has earmarked over $20.6B in capital expenditure for 2025, with about half of the amount on AI-related infrastructure outside China  —  ByteDance, the Chinese owner of TikTok, has earmarked over 150 billion yuan ($20.64 billion) in capital expenditure for this year …

Posted from: this blog via Microsoft Power Automate.

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