A quick peek at Snowflake’s IPO filing
Snowflake filed to go public today joining a bushel of companies making their S-1 documents public today. TechCrunch has a longer digest of all the IPO filings coming soon, but we could not wait to get into the Snowflake numbers given the huge anticipation that the company has generated in recent quarters. Why? Because the cloud data warehouse company has been on a fundraising tear in recent years, including a $450 million Series F in late 2018 and a $479 million Series G in February of this year.The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Financial Services Industry Overview in 2020: Trends, Statistics & AnalysisChinese regulators estimate that their P2P lending crackdown resulted in $115 billion in losses for investorsMonzo and Starling took the top spots in a study of customers' likelihood to recommend their bankTraders betting against Tesla are down more than $25 billion this year amid the stock’s record-breaking rally (TSLA)
Brendan Smialowski / AFP via Getty Images Traders betting against Tesla are down $25.4 billion in mark-to-market losses, according to data from financial-analytics firm S3 partners. The short-seller losses come amid a blistering rally that's sent the automaker's shares to multiple record highs, up roughly 390% this year. Still, short-sellers are holding on — Tesla is still the top short in the US market, with $21.3 billion in dollars bet against the company, according to Ihor Dusaniwsky, managing partner of predictive analytics at S3. Watch Tesla trade live on Markets Insider. Read more on Business Insider. Traders betting against Tesla stock have racked up billions in losses amid the stock's epic rally this year. Short-sellers with positions against Tesla are down $25.4 billion in year-to-date net-of-financing mark-to-market losses, according to Friday data from financial-analytics firm S3 Partners.As the pandemic creates supply chain chaos, Craft raises $10M to apply some intelligence
During the COVID-19 pandemic supply chains have suddenly become hot. Who knew that would ever happen? The race to secure PPE, ventilators, minor things like food, was and still is, an enormous issue. But perhaps, predictably, the world of ‘supply chain software’ could use some updating. Most of the platforms are deployed ‘empty’ and require the client to populate them with their own data or ‘bring their own data’.The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Vertafore is set to be acquired due to its revenue-generating model and value-added solutionscred.ai debuted a banking platform and credit card to help newcomers grow their creditCash App is testing out small consumer loansThe Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:Facebook created a new team dedicated to its payments and commerce initiativesInsurtech Majesco to be acquired by equity firm Thoma BravoThe PPP closed to new applications with over $130 billion in unclaimed fundsHow Vertical Integration Can Power Up Business Software
Vertical integration is a critical principle used across industries to streamline processes. Though it was originally used primarily in manufacturing – the Ford Motor Company embraced the practice in the 1920s when they began making their own steel – today, the practice spans fields as diverse as agriculture, eyewear, entertainment, and technology. And, while some versions of vertical integration lead to harmful social losses in the form of anti-competitive practices, in the tech sector, many businesses look to vertical integration simply to streamline daily operations.The Future of Fintech: AI & Blockchain
Sweeping global regulations, the growing penetration of digital devices, and a slew of investor interest are catapulting the fintech industry to new highs. Of the many emerging technologies poised to transform financial services, two of the most promising and mature are artificial intelligence (AI) and blockchain. 74% of banking executives believe AI will transform their industry completely, and 46% of global financial services employees expect blockchain to improve transparency and data management.See the rest of the story at Business InsiderSee Also:How US banks will adapt tech spend to rising digital usersKabbage stopped new PPP applications just ahead of the program's deadlineTrump banning WeChat transactions could lead to retaliation against US payment firms in ChinaOracle and Salesforce hit with GDPR class action lawsuits over cookie tracking consent
The use of third party cookies for ad tracking and targeting by data broker giants Oracle and Salesforce is the focus of class action style litigation announced today in the UK and the Netherlands. The suits will argue that mass surveillance of Internet users to carry out real-time bidding ad auctions cannot possibly be compatible with strict EU laws around consent to process personal data.Deep-root database: Kew Garden’s 8 million specimen collection to find new life through data management
Finally, a digital transformation that really matters Charles Darwin's legacy lives not just in the idea of evolution by natural selection, but also in the samples he collected.…FOLLOW US:
