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
Partnership with the Chinese smartphone maker dubbed a security threat.
Next generation of chips will be slimmer than ever, and TSMC is leading the way.
NetOps needs to support network connectivity in hybrid environments, which can feel somewhat like being stuck between a business group, cloud strategist, and cloud provider.
Technology is the smartest, most efficient way to ensure your firm is compliant with all regulations.
All companies are now software companies. It’s also why organisations around the world are increasingly embracing a concept called DevOps.
Chinese hacker group 'Thrip' targeted servers responsible for satellite operations.
Azure users in North Europe saw downtime of roughly eleven hours earlier today.
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?
需求场景(纯熟虚构）： 1. 哥电脑里有200G电影copy到手机上看没那么大空间，copy一部看一部删除一部，很是不方便也费时间。 2.
One of the most common subjects in the history of American photography is the West. It's a landscape fraught with potential cliche, but Lucas Foglia's project Frontcountry cuts through popular conceptions and shows the reality of a rapidly transforming area of our country. Read more...
美迈斯律师事务所发布《2016对外直接投资报告》 上海2016年2月23日电 /美通社/ -- 2016年初，一轮强有力的经济以及政治改革冲击了中国市场。根据美迈斯律师事务所今日发布的《2016对外直接投资报告》，改革的影响也将不断驱使史无前例的中国资本大量流向海外 -- 尤其是美国。
上海2016年6月14日电 /美通社/ -- 近日，最懂亚洲人生活哲学的知名设计师原研哉（无印良品（MUJI）艺术总监）即将出现在中国上海，为中国家居流通业第一品牌红星美凯龙站台，一同前往还有具同样影响力的日本知名设计师隈研吾、丹麦皇室家居设计师Christina Strand、意大利重量级设计师Luca Nichetto、荷兰顶尖设计师Jurgen Bey等，这五位国际设计巨匠为一个中国品牌代言的消息不胫而走，瞬间震动了整个行业。