Fiserv reported a 2% decline in GAAP revenue to $5.03 billion and a 16% drop in adjusted EPS to $1.79 for Q1 2026, driven by decreases in both Merchant and Financial Solutions segments. Despite these results, the company reaffirmed its 2026 guidance, expecting 1% to 3% organic revenue growth and adjusted EPS between $8.00 and $8.30. Fiserv highlighted ongoing progress in its One Fiserv transformation plan and plans to share more strategic details at its May 14 Investor Day. The company also noted stable account and volume trends supporting its outlook.
Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...
Claims that Sui's public mainnet reached over 6 million transactions per second (TPS) are misleading. Verified data shows Sui's real-world TPS averages in the low hundreds, with peaks around 900 to 1,000 TPS. The 6 million TPS figure is linked to Sol...
Aave's new lending market on the Monad blockchain surpassed $100 million in deposits within 48 hours of launching on July 2, 2026. Monad is a high-speed, EVM-compatible Layer 1 chain known for its fast transaction speeds, making it attractive for DeF...
The MARS2 Multimodal Reasoning Competition, sponsored by Tec-Do and MiniMax, has been officially launched to coincide with the ECCV 2026 conference. With a $100,000 prize pool, the competition challenges AI models to perform complex, open-world reaso...
China's Alibaba will prohibit its employees from using Anthropic's AI programming tool, Claude Code, beginning July 10. This follows Anthropic's own restrictions banning Chinese companies and their foreign affiliates from accessing its models. Alibab...
