By Julie Verhage and Jenny SuraneFinancial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe to Chime to Plaid– have garnered valuations of more than $1 billion in recent years, according to CB Insights. Personal loans […]
Archives for 2019
Era of Digital Disruption: 4 Ways to Move Your Game Forward
To survive and drive success, businesses need to organize and equip themselves to best deal with the one certainty of 21st century life: Change is a constant. Image: Pixabay One of the primary challenges for every enterprise in this era of digital disruption is how to sustain growth — and the odds of success are […]
Amazon sellers purchasing fake reviews for Rs 1,200 each: Report
Despite a crackdown by Amazon, sellers on the platform are continuing to purchase fake reviews for around 15 euro each (about Rs 1,200), according to a Daily Mail investigation. The companies selling fake reviews to sellers rely on an army of “testers” who buy the products to post the four and five-star reviews online, said […]
Former China Sinochem VP sentenced to 11-1/2 years prison for graft
SINGAPORE (Reuters) – A former senior executive at China’s state-run Sinochem Group was sentenced on Tuesday to 11-and-a-half years in prison for taking bribes, a court in eastern Shandong province said. Du Keping, a vice president at the chemicals and oil firm until April 2017, was found guilty of taking 12.66 million yuan ($1.8 million) […]
ByteDance has no sale plans for TikTok, says an internal note
Chinese social media firm ByteDance has no plans to sell part or all of its TikTok app, the short video platform’s head said on Tuesday, denying a media report which said the company was currently weighing options to do so due to U.S. concerns. Bloomberg reported on Monday that the company was considering a TikTok […]
Visa is going to process all domestic transactions locally
Visa is set to comply with India’s data localisation norms, and process all domestic transactions locally at the newly created data centres in Bengaluru and Mumbai, the global payment major’s group country head, India and South Asia, T R Ramachandran tells Ashwin Manikandan in an exclusive interview. Edited Excerpts: Where does Visa stand on its […]
AICPA proposes updates to material tested on CPA Exam
The AICPA is proposing changes to the CPA Exam Blueprints to update the subject matter tested on the CPA Exam to ensure it continues to focus on the core knowledge and skills required of newly licensed CPAs. In an Exposure Draft and Invitation to Comment issued Monday, the AICPA describes major themes derived from a […]
Power generation in Russia: IoT predictive analytics saves lives not just profits
In western Europe you may think of security of power supply in terms of keeping the regulator happy and avoiding fines. In the extreme cold of Russia and Kazakhstan says Jeremy Cowan, the focus is on saving lives by avoiding unexpected shutdowns in power generation. This isn’t just hyperbole. A huge explosion in a Russian hydro-electric power plant a […]
The Netflix decade: How one company changed the way we watch TV
In the not-so-distant past, TV viewers were forced to wait a week for the next installment of their favorite shows, parceled out by networks in half-hour or hour-long increments. Fast forward to 2019, when media and tech companies are subverting that schedule and the majority of viewers using U.S. TV streaming services watch an average […]
8 Impactful Enterprise Technologies for 2020
While many emerging technologies are still in the conceptual stage, the following are some that could realistically be considered over the coming year. 1 of 9 As 2019 winds down, it’s at this point where we look into our crystal ball in an attempt to predict what new technologies will become “the next big thing” […]