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Samsung Teams up With ABN AMRO and the Port of Rotterdam on Blockchain
Samsung’s IT subsidiary, Samsung SDS, has reportedly partnered with Dutch giants ABN AMRO and the Port of Rotterdam on a blockchain pilot, the Korea Joongang Daily reports. The partnership will focus on logistics, with Samsung SDS linking its Nexledger blockchain product with ABN AMRO’s financial transaction-oriented Corda platform by February. By the linking the two, they hope to verify if
Advisory Group Recommends EU Regulate Most Crypto Assets Under Existing Securities Rules
When a federal judge in New York ruled last month that the U.S. government could proceed with a fraud case in which it alleges that an initial coin offering (ICO) is a security, it potentially gave the Securities and Exchange Commission an important precedent as it tries to solve a problem that is vexing regulators across the globe: How exactly
Your Employees Might Be Leaving Because of Their Terrible Commutes
As the unemployment rate continues to drop and the labor market turns into a seller’s game, employees are getting pickier about what they will tolerate. And, increasingly, the rush hour blues are getting the better of them. A new survey by staffing firm Robert Half found that nearly one-quarter of workers have left a job due to a bad commute.
BidiPass Aims to Bring Security to Each and Every Online Transaction
It’s easy to see why some people don’t readily communicate or transact online. With billions of email accounts getting hacked and millions of people getting robbed by identity thieves, security has become a major – and continuously increasing – issue over the past few years. Old-school password protection methods are getting weaker, while Two-Factor Authentication – such as the one
Ten Investor Takeaways From the 2018 Annual IMF/World Bank Meetings
Global central bankers, finance ministers and representatives from the private sector and civic groups gathered in Bali recently for the annual meetings of the IMF (International Monetary Fund)/World Bank Group. Below are 10 key takeaways from the discussions. 1) Investor global risk sentiment is cautious with no large directional views. This reflects higher uncertainty on U.S. and China trade policy,
Malaysia to Be the Second Country in Southeast Asia to Introduce the Digital Tax
The upcoming Budget 2019 slated to be announced on 2 November is exceptionally important to provide direction for the country. More importantly, in the direction and support on the growth of the digital sector in Malaysia. peternguyen11 / Pixabay This was confirmed by economists and market observers as the government has commenced tabling the 2019 Budget on 15 October 2018.
A Cloud Hangs Over Robinhood as High-Frequency Trading Controversy Heats Up
Robinhood is one of the most valuable startups in the U.S., achieving "unicorn" status last year by passing the $1-billion valuation mark. But a new report from Bloomberg about the company's controversial practice of selling customers' orders to high-frequency traders threatens not only its reputation, but could also call into question its future revenue stream. The Menlo Park, California-based startup,
3 Steps to Create a 21st-Century Work Culture
There was a time when it was perfectly acceptable for leaders and managers to rule with an iron fist. If a subordinate didn’t want to perform a task as assigned—or, God forbid, offered up a better alternative to an old way of doing things—he or she was given a stern talking-to, written up, or even fired. When the command-and-control leadership
Musk Will Buy Another $20M in Tesla Stock — The Same Amount He Was Fined By the SEC
In a new 8-K filing detailing CEO Elon Musk’s fraud settlement with the Securities and Exchange Commission, Tesla, Inc. (NASDAQ: TSLA) announced Musk will be purchasing an additional $20 million of the automaker's stock. What Happened? On Tuesday after the close, Tesla filed an 8-K document related to the company and Musk’s settlement with the SEC after the regulatory agency
Can AI Make the Gender Gap at Work Disappear?
Here’s what we know: Equality in the workplace (that includes equal pay and equal representation at all levels of organizations) could add between $2.1 trillion and $4.3 trillion to the U.S.’s GDP in the next decade. But estimates from the U.S. Congress Joint Economic Committee suggest that it’s going to take over 40 years to get there. Katica Roy wants to change that, or