Tullett Prebon will formally separate the 1,500 voice brokers it is buying from ICAP on January 1, setting what were once two long-time rivals in the over-the-counter markets on radically different paths. Last Thursday Tullett received approval for the deal from German regulators, the final significant hurdle of more than 30 regulatory permissions it needed, according to three people familiar with the process. The sign-off was important as […]
By Scott Malone The number of hate and bias incidents reported across the United States spiked in the 10 days following Donald Trump’s presidential election victory, according a report released on Tuesday by a civil rights advocacy group. The report, by the Southern Poverty Law Center, documents 867 incidents ranging from assaults to threatening graffiti messages, based on incidents reported to the group or by news media. […]
In the wake of Donald Trump’s surreal ascension to POTUS, Facebook CEO Mark Zuckerberg publicly defended his company’s culpability in Trump’s win. Critics have pointed to Facebook’s propagation of fake news via the site’s algorithmically curated “Trending Topics” module and—perhaps even most dastardly—within users’ News Feed as directly responsible for the rise of America’s first potentially authoritarian-ish leader. Zuck’s public refutation exists within a larger […]
An employee of a foreign exchange trading company works near monitors showing U.S. President-elect Donald Trump speaking on TV news (top) in Tokyo, Japan, November 9, 2016. (Toru Hanai/Reuters). With Donald Trump’s victory, the prospects for digital trade have dimmed. This development owes much to the hostility towards trade that Trump brings to the presidency. But it also involves shifts more fundamental than Trump’s rejection of trade […]
People have a general idea of how much a rocket-propelled grenade costs. What about a cyber weapon? (Baz Ratner/Reuters), Max Smeets is a D.Phil candidate and research affiliate of the Cyber Studies Programme at the University of Oxford. His work analyzes the proliferation of cyber weapons. Can a non-state actor take down critical infrastructure with a cyberattack? If it is not possible today, will it be possible […]
November 29, 2016 The UAE Banks Federation, the professional body representing 49 banks in the UAE, hosted today (Tuesday, November 29, 2016) its 4th CEOs Advisory Council Meeting in Dubai. The meeting provided an engaging platform to assess UBF’s progress in developing a unified approach to customer complaints, discussed the industry’s preparedness in cyber-security domain and reviewed latest developments in the sector. Speaking on the sidelines of […]
Source: GSMA Singapore’s three mobile operators have announced plans to support a global authentication standard that will allow their customers to access online services with their mobile number. In a joint statement released Tuesday, M1, StarHub, and Singtel said they would adopt the GSMA authentication standard, Mobile Connect, which would create a single digital user identity. This would enable their mobile customers to access supporting services including […]
The Lego-compatible, Wi-Fi and Bluetooth-enabled SBricks Plus have four ports that are inputs and outputs, so you can attach sensors, motors, and lights. Image: Vengit Remember those colored bricks you used to play with as a child, or possibly much more recently? They were great, and still are, for building anything from bridges to trains. But in hindsight they lacked one thing: interactivity. Things started to change […]
The smart home is gaining ground, but it’s still a muddle of confusing standards, competing platforms, and gadgets that don’t do what you might expect. But the promise of products that can make your life a little easier is hard to resist, so I’m here to answer the inevitable questions that arise. Whether it’s figuring out the best connected door lock to assembling the right […]
American Airlines has selected IBM Cloud to be a service provider as it moves its internal applications to the public cloud. The airline has said that it was looking to move some of its customer web site and back office applications to the public cloud. American Airlines was evaluating Amazon Web Services, IBM and Microsoft. Terms of the deal weren’t disclosed. IBM said that American will use […]
Okta Identity Management, an excellent identity management service that begins at $2 per user per month, is one of the big names in the Identity-Management-as-a-Service (IDaaS) space, even earning top marks in a 2016 Gartner Magic Quadrant report. While kudos from an industry analyst firm can be an indicator of a strong product, most potential users are more concerned with features and pricing, areas in which Okta […]
Customer relationship management (CRM) software helps you gather current and historical information about all your customer interactions, including not just past purchases, but also interests, a roadmap of the customer’s eventual product needs, negotiation details from previous deals, and even customer service or helpdesk issues. All that combines to build what amounts to customer dossiers full of up-to-the-minute interaction records and demographic data that you can leverage […]
BambooHR is human resources software that should start at around $7 per employee per month, but this figure isn’t available on the company’s website. Instead of clicking on an easy-to-read pricing page, you’ll need to fill in a web form or call BambooHR for a “custom quote.” That’s worth it, however, because if you take advantage of the free evaluation period, you’ll find BambooHR to be a […]
Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products: Reuters
While there is no sign of our collective obsession with social media fading any time soon, there is also a growing determination by some to cut all ties and go on a technology detox. It sometimes feels as if new platforms for posting, sharing and pontificating are appearing by the day. With so many outlets for people to share their opinions and views of the world, and […]
By Nandita Bose and Sayantani Ghosh U.S. shoppers snapped up Cyber Monday deals on what is usually the single biggest day for internet shopping, after stellar online sales over the Thanksgiving holiday weekend. Sales on Cyber Monday were expected to finish up 9.4 percent at $3.36 billion compared with last year, according to Adobe Digital Insights. As of 10 a.m. EST on Monday, sales totaled $490 million. […]
BEIJING Chinese police have formally detained nine people involved in a power plant construction project in the east of the country which collapsed last week killing 74 people, state news agency Xinhua said on Monday. The accident happened on Thursday morning in Fengcheng, in Jiangxi province, during work on a cooling tower for a coal-fired power plant. A tower crane collapsed, triggering the collapse of the entire […]
By Tom Westbrook | SYDNEY SYDNEY The ability of Australian telecoms company Telstra Corporation (TLS.AX) to offset the fall in its traditional revenue streams by diversifying into a range of technology and other businesses is in doubt. So far, Telstra’s funding of 44 startups since 2013, the A$235 million ($175 million) spent acquiring 18 health-related companies, the purchase of more than 30 companies by its venture-capital division, […]
By Edward Taylor and Jan Schwartz | FRANKFURT/HAMBURG FRANKFURT/HAMBURG Just as Porsche and Audi have fought for supremacy on the race track, the Volkswagen brands are now locked in a cut-throat battle to develop and manufacture the next generation of electric cars at a group embroiled in the “Dieselgate” scandal. Volkswagen Group denies that the kind of internal rivalry that it encouraged at the Le Mans 24 […]
Riyadh, Saudi Arabia, 27 November 2016 Saudi Hollandi Bank, announced today that it has rebranded to Alawwal Bank. The name change marks the start of a transformation that will see the bank build on its reputation for innovation and service excellence. The new branding highlights the bank’s commitment to supporting the growth of the country’s economy while meeting the demands of its existing customers and a new […]
November 27, 2016 by: Anne-Sylvaine Chassany in Paris French voters were heading to the polls on Sunday in a primary run-off contest predicted to give François Fillon the centre-right nomination and a good chance of becoming president of France next year. Mr Fillon, the former prime minister who unexpectedly surged to pole position with 44 per cent of the votes in a first round last Sunday, is […]
Indian online payment firm Paytm says it has added 8 million new users in the two weeks since the government announced the replacement of the country’s highest-denomination bank notes. In a bid to root out corruption, counterfeit money and tax evasion, Prime Minister Narendra Modi on Nov. 8 announced the replacement of notes worth 500 rupees ($7.30) and 1,000 rupees ($14.60). That move has resulted in a […]
The largest bitcoin exchange firm in the country is balking at a proposed summons from the Internal Revenue Service seeking all U.S. customer records over a three-year period. Lawyers for the IRS last week filed court papers seeking a judicial order to serve a so-called “John Doe” summons on San Francisco-based Bitcoin platform Coinbase Inc. The government’s request, part […] (via WSJ)
Istanbul, 24.11.2016 The Islamic Development Bank Group (IDBG) and Borsa Istanbul have signed a Memorandum of Understanding (MoU) to provide a general framework to facilitate cooperation and collaboration among the parties in fostering Islamic Finance in Turkey and other IDB Member Countries. The MoU was signed under the auspices of the President of Republic of Turkey, H.E. Recep Tayyep ERDOĞAN during the 32nd Ministerial Session of the […]
