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
Firefox add-ons found to be tracking users web activity and sending data back to remote servers.
Blockchain and its distributed ledger technology is poised to change the way banks lend to customers on a global scale.
When it comes to healthcare, data collection is all about providing useful information on a patient's well being.
Car manufacturers must adapt their current technologies to ensure their brands survive.
Obama's 'Directive 20' is no more as current administration prepares for cyberwar.
"We need a seat at the table", employees told the company in an open letter.
American companies, as well as government agencies, were targeted by Chinese hackers recently, security experts claim.
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?
Heartbleed isn’t just a problem for desktop users – smartphones running one version of Android are also exposed to this vulnerability.Read more: http://www.itproportal.com/2014/04/14/google-patches-heartbleed-across-services-but-millions-of-android-devices-remain-at-risk/
-- 进一步推动了节能环保监控解决方案在中国的推广和应用 北京2014年9月4日电 /美通社/ -- 全球自动化控制和安防技术的领导者霍尼韦尔（纽约证券交易所代码：HON）最新发布的安防液晶显示器全系列产品近日入围财政部、国家发展改革委联合发布的 “第十六期节能产品政府采购清单”，成为政府优先采购产品系列，助力于经济节能、绿色环保监控解决方案的推动。
Israeli startup Appsee, the mobile analytics service that offers an array of tools for measuring user behaviour within an app, has topped up its funding by closing a modest $2 million series A round. Read More
If you got your first real six string at the Five and Dime and you and you and some guys from school got together to record some songs primarily during and around the summer of 1969, you probably could have used the Mikme.
威锋网讯 12 月 15 日苹果对电子书垄断裁定的上诉将开庭审理，在此之前，苹果高级副总裁埃迪·库伊接受《财富》采访时说：“我们要为真相争取。
In the wide world of crowd-funding unicorns, smart rings have been hustling for the top of the heap. Among them is Ring, a gesture device that promised to let you someday control your own home with a series of arcane finger wags.