As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such […]
Technology
Wealth managers in Asia are holding back from offering digital assets to investors despite soaring demand due to a lack of understanding of these assets, according to an industry survey by consulting firm Accenture published on Monday. Global banks have been cautiously moving into crypto for several years, some building it within existing operations and […]
China’s Ant Group, a financial technology (fintech) giant controlled by billionaire Jack Ma, on Monday said it has launched a digital wholesale bank incorporated in Singapore, dubbed ANEXT Bank. ANEXT received approval from the Monetary Authority of Singapore (MAS) to commence business on June 2, Ant and wholly owned ANEXT said in a joint statement. […]
Regenerative medicine business behind the first 3D printed ear implant, 3DBio Therapeutics, said today in a news release that doctors successfully transplanted a 3D-printed ear derived from human cells onto a woman born with a congenital ear malformation. The transplant was part of the technology’s first clinical study, and its success is a significant step […]
While the world is still exploring the beneficial effects of artificial intelligence (AI) and machine learning algorithms, speech recognition is considered to be one of the pillars for some time now. Machine learning has been studied extensively in optimizing speech recognition for a variety of applications. Teaching and learning, auto-dictation, speech to text transcription and […]
As Apple Inc rolls out its usual stream of upgrades to operating systems for its iPhones, iPads and Macs at its annual software developer conference Monday, analysts and developers will be scouring between the lines for any hints about how a future mixed-reality headset might work. That headset is likely to use cameras to pass […]
Better regulation of the fast-growing world of crypto assets is needed not to keep rich people from losing money but for the sake of everyone else, Federal Reserve Governor Christopher Waller said on Friday. “The main issue in crypto-asset regulation isn’t how to protect sophisticated crypto-investors; it’s how to protect the rest of us,” Waller […]
Bo-Jo is wrong, working from home does work “My experience of working from home is you spend an awful lot of time walking very slowly to the fridge, hacking off a small piece of cheese, then walking very slowly back to your laptop,” said Prime minister Boris Johnson. Worryingly, he’s not the only person to […]
Indian cybersecurity rules due to come into force later this month will create an “environment of fear rather than trust”, a body representing top tech companies has warned the government, calling for a one-year delay before the rules take effect. The Internet and Mobile Association of India (IAMAI), which represents firms including Facebook, Google and […]
The Middle East has some of the most advanced and ambitious digital transformation initiatives in the world. It is recognized for leadership in smart cities, Internet of Things (IoT) and big data projects, yet infrastructure and connectivity models in the region still need to align to the demands of this transformation to power the accelerating […]