Search results for "big tech"

Samsung, Blue Ocean Launch U.S. Stock Trading During South Korean Business Hours

Asian investors can now buy and sell U.S. stocks during Korean business hours in real time through a partnership between Samsung Securities and U.S.-based off-exchange trading venue operator Blue Ocean Technologies LLC, the companies said on Monday. “This is the first time in the history of the U.S. markets where Asia Pacific investors, and Korean […]

All in a Day: Zuckerberg Loses $29 Billion, Bezos Set to Pocket $20 Billion

Mark Zuckerberg lost $29 billion in net worth on Thursday as Meta Platforms Inc’s stock marked a record one-day plunge, while fellow billionaire Jeff Bezos was set to add $20 billion to his personal valuation after Amazon’s blockbuster earnings. Meta’s stock fell 26 percent, erasing more than $200 billion in the biggest ever single-day market […]

NFT Money Laundering Soars Slowly, Report Finds

Non-Fungible Tokens (NFT) fame has immensely grown amongst tech enthusiasts, traders, creators, and criminals, with money laundering activities concerning NFTs reaching new heights as it grows daily, Chainalysis report finds. In its report released on Wednesday, Chainalysis reported that a modest yet growing amount of money laundering activity had been associated with the buying and […]

Epay Summit GCC

Shaping the future of digital payment in the Gulf region. Join the biggest stage for the most unique payments agenda.   We are excited to announce that ePay GCC will return for its 4th edition on the 1st November 2022 in Dubai. Once again, delivering unparalleled discussions led by the most senior leaders in the industry today, including our unrivalled annual C-Suite panel sessions, […]

India's Finance Minister Says Central Bank to Launch Digital Cryptocurrency

India’s finance minister on Tuesday said the central bank will introduce a digital currency in the next financial year using blockchain and other supporting technology. “Introduction of a central bank digital currency will give a big boost to digital economy. Digital currency will also lead to a more efficient and cheaper currency management system,” Nirmala […]

Are Eco-SIMs an Unnecessary Step in Telco Sustainability?

Shifting straight to eSIMs is a more strategic choice In October 2021, telecom giant and leading global mobile network operator (MNO) Vodafone announced its new Eco-SIM — made from recycled plastic. Any sustainability feat is positive for the telecommunications industry, which contributes two per cent of the global emissions total. But why stop at recycled […]

Heydemann to be first female CEO of telecoms group Orange

Orange on Friday named Christel Heydemann its new chief executive, making her the first woman to lead France’s biggest telecoms operator amid a revamp of its governance. A former graduate of France’s elite engineering school Polytechnique, 47-year-old Heydemann will replace Stephane Richard from April 4 at the helm of the state-controlled group after a court […]

Sun Exchange, Expands Bitcoin-paying Solar Project in South Africa

South African firm, Sun Exchange, uncovered plans to expand its focus to reach various African countries in an ambitious project of crowd-sourced funding of solar panels and leasing them to customers. Supported by African Rainbow Capital Investments Ltd. – a group part-owned by billionaire Patrice Motsepe – Sun Exchange managed to raise $1.4 million funding […]

Factbox-Gas and Nuclear Are 'Green'? Not So Fast, Say Some Investors

The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are the views of some investors spoken to by Reuters. Ian Simm, founder and CEO at Impax Asset Management “The inclusion of gas and nuclear (with conditions/caveats) in the EU taxonomy reflects a […]