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Video: What Sets Fundpark Apart From the Other Fintech Companies
FinTech, Video
The Supercharger Demo Day played host to a lot of interesting companies, and one of them was online trade finance platform provider, FundPark. FundPark’s main businesses is bringing SMEs and investors together, and its services have been getting a lot of praise from clients. NexChange’s Andrew recently spoke with FundPark co-founder and CEO Anson Suen to find out what sets
Japan Is Still Attracting Activists
Hedge Funds
Levels of activism in Japan are just shy of last year’s record numbers as of June 18, according to data from Activist Insight Online, driven mostly by outside investors for the first time in at least six years. Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? sasint / Pixabay So far in
Intel CEO Brian Krzanich is Ousted After 'Consensual' Relationship With Employee
Brian Krzanich has resigned as chief executive of Intel Corporation following an investigation by internal and external counsel into a "past consensual relationship" he had with an employee, the company announced on Thursday. Intel has named Robert Swan, chief financial officer, as interim CEO, effective immediately. Krzanich has also resigned as a member of the board, the company said. Krzanich
Report: Steve Bannon is Jumping on the Cryptocurrency Bandwagon
FinTech
It's possible that after the rough year it's been having, Bitcoin's bandwagon has fallen off a cliff. But if there is anyone who can repair that wagon and get it rolling again then it might be Stephen Bannon, the former chief strategist to Donald Trump who is widely credited as the brains behind Trump's improbable run to the White House.
Andrew Left Goes Long Fitbit, Sees 130% Upside
Fitbit Inc (NYSE: FIT) was already on the rise Monday when Citron Research came out with a bullish report touting Fitbit as one of the best medtech companies in the industry and forecasting 130-percent upside. “What was once a piñata for short-sellers (since IPO) has transformed itself to one of the most underappreciated med-tech stories in the market with a
A New Automation ETF For Traders Who Haven't Yet Been Replaced By Robots
Despite civilization’s rapid forward march toward mechanization, humanity has been routinely bad at predicting the scope, scale and impact of new technologies and the unforeseen consequences brought on by these sometimes massive shifts in how we as humans interact with the world. Case in point, a recent study from the PEW Research Center shows that, while two-thirds of Americans believe
Video: How Mindbridge Applies AI and Machine Learning to Financial Services
FinTech, Video
MindBridge is a fast-growing, Ottowa-based artificial intelligence company which provides bleeding edge solutions to auditors and financial services firms. NexChange’s Andrew Work recently chatted with MindBridge’s APAC Managing Director Peter Fong to find out what makes the company so special and here is what he learned:
Cliff Asness Talks Strategies for High Risk Markets
Cliff Asness, founder, managing principal and chief investment officer of AQR Capital Management, shares his views and strategies for investing in today’s expensive and risky markets in Consuelo Mack WealthTrack’s Season 15 premiere “Strategies for High Risk Markets” this Friday, June 22 at 7:30 p.m. ET nationwide on public television (check local listings) and online at wealthtrack.com. Q1 hedge fund
How to Avoid a Fund Blow Up
#GapYear1992 Its 2.4 miles from Hampstead Village to Golder’s Green in London. A 12 minute drive thru narrow, winding roads during non-peak hours. We did it in 6! At 2am in the morning. To the ear splitting music of “Under the Bridge” by the Red Hot Chili Peppers I had just finished my shift. Read more at Advisor Perspectives. Photo:
Elon Musk Accuses Employee of 'Extensive and Damaging Sabotage' to Tesla's Operations
Does someone have it out for Elon Musk? The Tesla founder and CEO sent an email to his employees on Monday saying that an employee had caused "extensive and damaging sabotage" to the company's operations, which "included making direct code changes to the Tesla Manufacturing Operating System under false usernames and exporting large amounts of highly sensitive Tesla data to