With the application of artificial intelligence, machine learning and robotics - the antiquated process of trade finance is finally being transformed.
hype7 (239530) writes 'The Harvard Business Review is running a fascinating article on how finance is increasingly abstracting itself — and the gains it makes — away from the creation of value in the real world, and how High Frequency Trading is the most extreme version of this phenomenon yet.
Wall Street doesn’t like what it sees. Facebook’s stock price (NASDAQ:FB) is dropping in after hour trading after the company announced its purchase of virtual reality start-up, Oculus Rift. The stock which closed up on the day is now under its open price of 64.25, resulting in a loss of 1.
What Stripe did for easy payments, Robinhood is doing for free stock trading. This week the brokerage startup launched its platform so developers can bake its zero-commission stock trading into their products. Stop for a second and think about how big a deal this is. Before now,
Robinhood steals stock trading from rich guys in suits and gives it to normal people who couldn’t afford to pay $7 per transaction. The zero-fee stock trading app is bonafide hit. Less than a year after launch it has hundreds of thousands of users, over $1 billion in transactions,
Gordon Gekko is but a distant blip in the rear-view mirror for this generation’s best and brightest. In lieu of Wall Street, today’s top graduates are flocking to Silicon Valley and other top technology hubs in droves,
Intel reported its fourth-quarter financial performance today, including revenue of $14.72 billion and profit per share of $0.74. Both figures beat expectations: The street had expected $14.70 billion in revenue and $0.66 in profit.But neither the company’s narrow profit beat,
With all eyes on what Yahoo will do with its $5 billion+ in Alibaba cash, Yahoo today reported its Q3 earnings after the close of trading, with sales of $1.09 billion excluding traffic acquisition costs and non-GAAP earnings per share of $0.52. Revenues including acquisition costs were $1.
In its most recent financial period, Adobe picked up 517,000 net new subscribers to its Creative Cloud product, helping the company generate $1.11 billion in revenue, and adjusted profit of $0.44 per share. Using normal accounting methods (GAAP), Adobe ended the period with a slimmer $0.
It’s the new refrain I hear from investors and even entrepreneurs these days. I hear it right after people decide to come by for a few days to “check out what all the fuss is about.” I hear it when I visit LPs (the people who invest in VCs) all across the country, “Yeah,
With one eye on businesses abandoned in the wake of the financial crisis and the other on a new generation of investors, startup companies are now raising significant sums to challenge the hegemony of big banks and investment firms. Read More
Law enforcement agencies from multiple European countries, together with the US, found the group using the GozNym malware.
The data is 'legal to disclose', watchdog says.
The company's stock surged.
How can you ensure that your API doesn’t fall victim to lazy design?
All marketers know the challenge of really understanding your customers.
To effectively leverage innovative technologies such as AI and IoT, a cloud platform must be a part of your infrastructure. If your business is not part of the 80 percent of businesses using the cloud, your strategy could be impeding company growth and cost savings.
Innovation in biometric technology to transform the conventional ways.
IBM unveils plans to launch 18 new availability zones across North America, Europe and Asia-Pacific.
Chinese tech giant has one more chance according to the US trade adviser.
If you can't build your smart offering around the needs of one tenant, how can landlords of multi-tenant offices still provide an intelligent experience?
Careful what you listen to while streaming on Twitch — because Twitch is listening, too.The live streaming site announced Wednesday that it will start muting unauthorized audio.
编者按：Tadhg Kelly是一位游戏行业顾问兼自由设计师，同时他还是优秀设计博客 What Games Are 的创始人。大家可以在 Twitter 上关注他。 《纪念碑谷》的游戏开发者 ustwo… Read More
据《底特律自由新闻报》报道，著名电动汽车厂商特斯拉于近日完成了创立以来的第一次收购交易：收购位于美国密歇根州Grand Rapids的一家工模具厂商Riviera Tool。这家公司主要制作汽车冲压零件。
Security researchers at CrowdStrike on Wednesday discovered a security vulnerability that is arguably on par with Heartbleed, last year's serious vulnerability that rendered communications with many popular web services insecure, potentially exposing millions of passwords. This time, however,