Startup-focused lender SVB Financial Group became the largest bank to fail since the 2008 financial crisis on Friday, in a sudden collapse that roiled global markets, left billions of dollars belonging to companies and investors stranded. California banking regulators closed the bank, which did business as Silicon Valley Bank, on Friday and appointed the Federal […]
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I’ve known Heather McDonald, one of the two protagonists of this article, for the better part of a decade. The impression she made on me, and doubtless, the whole media industry in the UAE was pure dynamite. As head of Filmmasters MEA, she had vision and an uncompromising attitude towards quality in both the films […]
2022 has been an interesting year, to say the least. And as life settled into the new normal, technological innovations became exponentially more important in our daily lives. 2022 was a hallmark year in technology-based industries, from the 5G rollout to artificial intelligence (AI) popularization. And 2023 is promising to be just as, if not […]
Global cryptocurrency exchange Binance had secret access to a bank account belonging to its purportedly independent U.S. partner and transferred large sums of money from the account to a trading firm managed by Binance CEO Changpeng Zhao, banking records and company messages show. Over the first three months of 2021, more than $400 million flowed […]
Most business leaders today don’t need convincing about the power of artificial intelligence (AI). The promise of efficient and personalized interactions at every step of the customer journey sways them. The Zendesk Customer Experience Trends Report 2022 shows that 57 percent of leaders plan to increase their AI investment by at least 25 percent over […]
The telecoms industry has been one of the most profitable for centuries. In some corners of the world, there are ongoing battles over the markets, such as Verizon vs AT&T. In the U.S., only a handful of telcos have decent coverage. As a result, these companies have almost monopolized the markets and set the most […]
The year 2023 is upon us. It promises new and improved technology to take us deeper into the digital age. 2022 was a hallmark in the industry, from the 5G rollout to artificial intelligence (AI) popularization. In fact, we are ending the year in a controversial tone as artists and writers worldwide worry about their […]
Perhaps in contrast to public perception, South Africa is the benchmark for other African countries mainly due to its advancements, from water management solutions to cloud computing. South Africa Telecoms have made strides away from its original colonial administrators’ intent to become one of the continent’s leading sectors. Today, South African telecom infrastructure offers modern […]
On the blockchain, Non-Fungible Tokens (NFTs) effectively serve as a means of proving ownership. They can store data from any digital object, including artwork and music files. In the world of sports and sports collectables, it is a ripe ground of the best sports NFTs to surface. Ownership of NFTs may be confirmed via the […]
U.S. federal prosecutors asked Binance, the world’s largest cryptocurrency exchange, to provide extensive internal records about its anti-money laundering checks, along with communications involving its chief executive and founder Changpeng Zhao, according to a late-2020 written request seen by Reuters. The Justice Department’s money laundering section asked Binance to voluntarily hand over messages from Zhao […]