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Top 10 Most Innovative Companies: No Apple, Google, Microsoft
jarmoluk / Pixabay Whenever we talk about the most innovative companies, technology giants such as Apple, Google-parent Alphabet, Microsoft, and Amazon tend to dominate the list. According to the latest ranking compiled by Boston Consulting Group, Google, Amazon, Apple, Microsoft, and Samsung occupied the top five slots, in that order. However, none of these giants could make it to Fast
Emerging Market Stocks Underperform When the US Dollar Strengthens…Here’s Why
The relationship between the performance of emerging market stocks and the US dollar is one of the tightest macro relationships that exists in investing. As we can see in the first chart, the relative performance of EM stocks vs the S&P 500 is highly negatively correlated with the level of the dollar. That is, when the dollar goes up, EMs
Mastercard Buys Payment Platform Transactis, Creating 'A Better Real-Time Consumer Experience'
FinTech
Mastercard Inc (NYSE: MA) announced Friday that it has reached an agreement to acquire Transactis, a bill delivery and payment platform for businesses. What Happened The terms of the acquisition were not disclosed. Read more at Benzinga. Photo: Scott Lewis
Tencent Begins Trials on Its AI-Powered Parkinsons Diagnosis Program
AI, Healthtech
Prompted by the Chinese government, internet giant Tencent is starting to make waves in the healthtech scene. According to The Financial Times, the Shenzhen-based conglomerate has begun trials on an artificial intelligence program designed to diagnose Parkinson’s disease. The trial takes place at Dementech Neurosciences, a private mental health clinic in London, and the program was built in partnership with
Fido Gears up to Trade Crypto
If you were looking for a sign that crypto was going mainstream, this is probably it. Bloomberg: Fidelity Investments, which began a custody service to store Bitcoin earlier this year, will buy and sell the world’s most popular digital asset for institutional customers within a few weeks, according to a person familiar with the matter. The Boston-based firm, one of
Bitfinex Launches $1B Token Sale
Hong Kong-based crypto exchange Bitfinex is looking to raise $1 billion in an IEO, writes The Block: Crypto exchange Bitfinex will conduct an initial exchange offering (IEO), aiming to raise $1 billion, according to details from an upcoming white paper reviewed by The Block. The final version of the white paper is still under review. Bitfinex’s exchange tokens, dubbed LEO,
DBS: Singapore May Soon Allow Virtual Banks
FinTech
Following Hong Kong’s move, Singapore may soon issue virtual banking licenses, writes Bloomberg: Singapore could follow Hong Kong in handing out virtual banking licenses, according to the head of the largest local lender, in a move that would create another source of competition for the city state’s established banks. “I see no reason why it would not,” DBS Group Holdings
Switching Sides: Google AI Expert Accepts Job At Apple
AI
Ian Goodfellow is a name many investors aren't familiar with, but he's making headlines after quitting Alphabet Inc GOOG 0.01% GOOGL to join Apple Inc. AAPL. What Happened Goodfellow was one of Google's leading artificial intelligence experts and credited for being the "father" of general adversarial networks (GANs), CNBC reports. While working at Google, Apple employees did research that was based
2019 Marks The Year For The 5G Technology Market
Smart Cities
mohamed_hassan / Pixabay Highlights from Mobile World Congress (MWC) 2019 2019 is the year 5G networks will come to life and 5G smartphones will become commercially available. In this article, we will focus on the exhibitions regarding 5G technologies, from the hardware to vertical applications, at Mobile World Congress (MWC) 2019. More information can be found in the brand new
Leave the Renminbi Out of US-China Trade Talks
CAMBRIDGE – Will a possibly imminent US-China trade agreement exacerbate global business cycles or even plant the seeds of the next Asian financial crisis? If the eventual agreement – assuming there is one – forces China to hew indefinitely to its outmoded, overly rigid exchange-rate regime, then the answer may be yes. Keeping the renminbi’s exchange rate stable against the