EU Sovereign Instant Payment System wero Launches: Cross-Border Transfers Completed Within 10 Seconds

July 03, 2024 – The European Payments Initiative (EPI) has unveiled a groundbreaking instant payment system, dubbed ‘wero’, ushering in a new era of seamless transactions across the European Union. Initially, this sovereign payment platform will be accessible to customers of Germany’s Volksbanken and Sparkassen banks, marking a significant step towards financial independence and unity…

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Meta Unveils LLM Compiler Based on Code Llama: Revolutionizing Code Optimization and Disassembly

June 28, 2024 –Meta has officially announced the launch of its LLM Compiler on the X platform, marking a significant milestone in the field of code optimization and compiler technology. This innovative model family, built upon Meta Code Llama, introduces additional code optimization and compiler functionalities, setting a new benchmark in the industry. The LLM…

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Samsung Galaxy Z Flip6 Takes Center Stage at Paris Olympics, Athletes Snap Selfies with New Flagship Phone

July 30, 2024 – The Samsung Galaxy Z Flip6, the flagship foldable smartphone, has taken center stage at the 2024 Paris Olympics, becoming the new protagonist on the podium. Traditionally, only media personnel were able to capture the award ceremonies from afar, but now, the experience has become more personalized. Every athlete stepping onto the…

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Volkswagen CEO Addresses Declining Sales and Layoffs: ‘Smaller Pie, More Guests at the Table’

September 10, 2024 – This Sunday, the CEO of Volkswagen, Oliver Blume, defended the company’s plan for large-scale layoffs in the face of the current economic situation. Blume stated unequivocally that the prevailing economic conditions are “so severe” that the old ways of doing business can no longer be replicated. He explained, “Car sales in…

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China brings pace to Volvo Cars

China is far more than just an important market for Volvo’s development, said the Swedish premium carmaker’s president and CEO Jim Rowan. Rowan made the remarks on Wednesday when he came to Shanghai for the groundbreaking ceremony of the fourth phase of Volvo Cars Asia Pacific Headquarters, which will involve a battery center and training…

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