Category: Technology

September 03, 2024 BY Sam Boughedda

Saxo Bank and Leonteq Partner for Structured Products Manufacturing and Distribution

As part of the collaboration, Leonteq explained that Saxo will adopt a white-labelling issuance model developed by Leonteq, becoming a sponsor responsible for distributing Saxo-guaranteed structured products to its extensive client base via its platforms for investors and traders. Leonteq, in turn, has secured an international distribution mandate from Saxo, granting it access to Saxo's…

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September 03, 2024 BY Sam Boughedda

dxFeed Announces PriceSquawk Integration

The collaboration with PriceSquawk, an audible trading tool, aims to enhance the trading experience for retail traders by delivering CME Group and Nasdaq Level 1 data through an "innovative audio tool." PriceSquawk is well-known for its ability to convert market data into audible trade sounds, enabling traders to listen to price action, buying and selling…

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September 03, 2024 BY Sam Boughedda

DXtrade Partners with Traders Connect for Copy Trading Integration

As part of the new partnership, brokers and traders utilising the DXtrade CFD platform will gain access to advanced copy trading capabilities. Traders Connect is known for its cross-platform trade copying, high-speed execution, and advanced analytics. Its cloud-based functionality eliminates the need for software installation, allowing for trade copying across multiple platforms. Additionally, Traders Connect…

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AI-neurotechnology
May 14, 2024 BY Elizabeth Anderson

Big Tech Turning AI Spotlight On Neurotechnology

Elon Musk’s company Neuralink grabbed headlines in 2024 when it implanted the first-ever brain-computer interface (BCI) in a human, though the firm indicated on Thursday, 9 May 2024 that it had experienced some problems with its implant. The market for neurotechnological devices had a reported value of approximately $15bn in 2023. Precedence Research estimates that…

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Meta building
April 23, 2024 BY Robert Bell

Meta Looking For Tech Partners To Use Meta Quest

2023 saw Meta’s Reality Labs division lose $16bn, so CEO Mark Zuckerberg announced on Monday that it will be opening up the system so that other tech companies can make hardware using it. His announcement pointed out that Microsoft, ASUS and Lenovo are among the selected early partners that will be working with Meta on…

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CBDC
March 27, 2024 BY Elizabeth Anderson

SWIFT Plans New Central Bank Digital Currency Platform for Cross-Border Transfers

This solution, known as the connector, reportedly enables the seamless incorporation of the use of CBDCs into business practices. Thirty-eight institutions participated in the experiment, including central commercial banks and markets. These included global leaders such as Deutsche Bank, Société Générale, ANZ and Citibank. The outcomes showed the innovation simplifies and expedites trade flows, promotes…

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March 25, 2024 BY Robert Bell

Apple Loses Value Over Regulator Fears

This took the loss in the year so far to 11%. Apple is no longer the world’s most valuable company, with Microsoft (MSFT) now having a market capitalisation of over $3tn, while Apple has slipped under that figure to around $2.65tn. Part of the reason for the recent fall is that nervousness has set in…

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March 25, 2024 BY Elizabeth Anderson

China to Stop Using Intel and AMD Chips in Government Devices

The country also wants to sidestep Windows, Microsoft Corporation’s (MSFT) widely used operating system, and other internationally produced database software. The guidelines reportedly stipulated that all government bodies above the “township level” must adapt their procurement criteria to ensure that they acquire only “safe and reliable” microchips and software. In December 2023, China’s Ministry of…

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March 21, 2024 BY Elizabeth Anderson

Co-Founders of Inflection AI Join Microsoft

Suleyman also co-founded DeepMind, the artificial intelligence (AI) outfit bought by Alphabet Inc’s Google (GOOG) in 2014. Industry experts believe that this move fortifies Microsoft’s reputation as an AI stalwart in big tech circles and forms part of CEO Satya Nadella’s drive to acquire top expertise. Suleyman will head Microsoft’s new consumer AI unit, while…

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January 24, 2024 BY Elizabeth Anderson

Netflix’s surge in subscribers boosted 2023 Q4 revenue to $8.83bn

In 2022, the company forecasted a 9 million subscriber gain, which would bring approximately 30 million net additions for the full year. NFLX’s revenue reports surpassed Wall Street’s prediction of $8.71bn, instead showing a quarterly revenue of $8.83bn, a 12.5% increase compared to the same period in 2022.  The streaming giant sent waves through the…

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