Home Blog Page 2

Rise of smaller rivals throws up fresh challenge to bitcoin

LONDON: Bitcoin's weathered hacks, heists, booms and busts to reign as the king of cryptocurrencies through its first decade. But now there's a fresh challenge to its dominance of the fledgling market: some 2,000 smaller digital coins. Collectively, "altcoins" are gaining ground on their bigger cousin. Individually, they are gaining traction among users, gathering communities…

How AI Technologies Help Banks and FinTech Startups

The financial industry was one of the first to adopt and enjoy the benefits of artificial intelligence (AI). The annual budgets of large banks amount to billions of dollars, which is comparable to the state budgets of some developing countries. No surprise that banks and financial organizations will be the key drivers of AI R&D…

Nivea Revamp Boosts Sales at Beiersdorf

HAMBURG, Germany — German consumer goods firm Beiersdorf reported a recovery in sales of its Nivea skin cream and its premium La Prairie brand in the first quarter after a new chief executive pledged more investment to fight niche brands. Beiersdorf shares rose more than 3 percent after the group said on Tuesday that first-quarter…

Looking to Disrupt? A Digital Optimization Won’t Cut It

Digital disruption is everywhere you look. Taxis are falling further behind Uber. Netflix went from disrupting the rental space to creating its own award-winning content. Airbnb doesn’t own any property, but it offers more listings than the top five hotel chains combined. These exciting innovations have organizations in all industries pursuing their own digital transformations.…

5 ways AI is revolutionizing how we handle money

From the days when our ancestors exchanged bartered cattle for grain to the era of mobile banking, the finance and payments industry has evolved in parallel to technological advances in printing, construction, communications, and computers. There are plenty of reasons to believe artificial intelligence will spur the next revolution in the way we handle wealth…

The $400 Google Pixel 3a Completely Redefines Great Bang for Your...

Photo: Sam Rutherford (Gizmodo)Last year, the Pixel 3 proved that it’s possible to use software to create a thoughtful phone that’s just as powerful, and sometimes easier to use than competitors crammed full of the latest high-end components. But for a phone that started at $800, it would have been nice to get a few…

4 Common Personal Finance Tips That Will Actually Fail You

Following these four tips could hurt your financial future. Find out why. When it comes to money, there's a lot of advice out there that's repeated over and over. While some of this advice is great, there are also situations where the conventional wisdom is wrong. Unfortunately, if you rely on myths to make important…

Democrats have just subpoenaed for Trump’s tax returns after weeks of...

Democrats on the House Ways and Means Committee issued a subpoena for President Donald Trump's tax returns. Both the IRS and Treasury Secretary Steven Mnuchin have repeatedly refused to comply with the committee's demands for six years of Trump's taxes. Mnuchin wrote to House Ways and Means Committee Chairman Richard Neal that he is under…

Tariffs go into effect as US, China promise more trade negotiations...

Trade talks between the United States and China ended on Friday afternoon without a deal, but President Donald Trump tweeted that negotiators held "candid and constructive conversations" and said that the spike in tariffs on Chinese goods might be removed depending on future negotiations. Interested in China? Add China as an interest to stay up…

Apple stock jumps after beating quarterly expectations: Morning Brief – Yahoo...

Subscribe" data-reactid="16" type="text">Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeWHAT TO WATCHThe Federal Open Market Committee (FOMC) will be concluding its two-day meeting this afternoon, and Federal Reserve Chairman Jerome Powell will hold a press conference at the conclusion of the event at 2:30 p.m.…