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Digital Payments

Meta Plans New Class of Stock to Help Fund Its Massive AI Expansion

Meta Platforms is introducing a new class of non-voting shares to expand its financing options as the company increases investment in artificial intelligence. The move is designed to help fund AI infrastructure, employee compensation and potential acquisitions while preserving the voting power of existing shareholders.

Digital Payments

JCB, MNC Bank and Kawasaki Launch Three Credit Cards in Indonesia

JCB, MNC Bank and Kawasaki Motor Indonesia have launched three new co-branded credit cards in Indonesia, combining payment services with lifestyle and motorcycle-related benefits. The new products are MNC JCB Ultimate, MNC JCB Precious and MNC Kawasaki JCB Precious Card.