Some of Intel's data center customers, whose thousands of computers run cloud networks, are exploring using microchips from the market leader's rivals to build new infrastructure after the discovery of security flaws affecting most chips. Whether Intel sees a slew of defectors or is forced to offer discounts,
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Bitcoin and blockchain are likely to dominate discussions at Davos this month. But there will be a far deeper deliberation about the wider disruptive impact of technology on banks. Financiers used to think that the post-crisis regulatory burden would make financial services less appealing for new entrants.
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Berlin, Maryland (January 10, 2018) â Taylor Bank announced today the promotion of three of its employees: Ray Robinson to Senior Vice President and Branch Manager, Security Officer; Kathy Allam to Assistant Vice President, IT and Electronic Services Manager; and Lisa Caldwell to Operations
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Australia's lending industry is skating on thin ice as it appears to be ignoring the consequences of the US subprime mortgage crisis, warns Richard Holden, professor of economics at the UNSW Business School. âI don't know if there's a bubble in the Australian housing market, but there are some very
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Confide, a chat app popular with executives and political staffers for its self-destructing messages, is touting a first-of-its-kind security feature: An ability to detect and block screenshots taken from Apple devices. The app, which gained prominence last year when described as a messaging service for
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Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. Germany will demand the U.K. pay for the privilege of its financial firms having access to European Union markets after Brexit as Chancellor Angela Merkel's government maintains a hard-line stance against a
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While discussing the effects and disruptions that each previous generation has had on everything from the economy to work and real estate trends, he made a bold prediction about Generation Z based on observations he, and others, have come across. “The way we've built our office stock will be wrong
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Eleven out of 23 credit institutions in Denmark report decreasing impairment charges on corporate customer loans in the fourth quarter (Q4) last year, compared to the preceding quarter, according to Danmarks Nationalbank's latest lending survey. Only three respondents experience increasing write-offs
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A photo shows the Olympic five interlocked rings and the mascot Soohorang and Bandabi in front of Gangneung station in Gangneung, South Korea on Jan. 8, 2018. Photographer: Manabu Kato/Yomiuri Shimbun. Vice President Mike Pence will lead the U.S. delegation to the Winter Olympics in South
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Bitcoin may seem like a solution in search of a problem in the U.S., where transaction costs are already low and the dollar stable. But in developing countries, digital currencies could succeed as a real form of money, Goldman Sachs Group Inc. says.
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Bonds and mortgage-backed securities (MBS) appear to have broken out of the narrow rut they have occupied for the mast few weeks and are moving — unfortunately, their prices have been taking a beating and mortgage rates today are moving up. In addition, the new years has brought an increase in
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The answer just might surprise you. Turns out, some experienced day-traders are trying to ride the surge of buying that invariably follows companies that suddenly reinvent themselves as blockchain ventures. That's enough, market watchers say, to bring in high-frequency traders and computer algos.
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Millennials' low homeownership rates have encouraged all sorts of gloomy talk about the fate of U.S. real estate. But no age group had enjoyed a boost in homeownership coming out of the recent slump, according to a recent Fannie Mae study. Blaming stunted millennials for a soft real estate market
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A decision on the size of the stake to be sold will depend on approvals from the Reserve Bank of India, the people said, asking not to be named as the information is not public. Bank of Baroda holds 98.6 percent stake in the 96-year-old Nainital Bank, which had assets of about 77 billion rupees ($1.2
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… only half of the markets where it operates, according to Bloomberg Intelligence. The company is battling aggressive competitors such as Wayfair Inc., a Boston-based home-furnishing e-tailer founded in 2011 that now does more than $4 billion in sales across the U.S. and Europe. Amazon.com Inc. last
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Public Employees Retirement System of Ohio now owns 50,788 shares of the medical instruments supplier's stock valued at $4,889,000 after buying an additional 17,487 shares during the period. Sterling Capital Management LLC lifted its stake in shares of West Pharmaceutical Services by 4.6% in the
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The organization received a major boost to support that claim with the signing of Swiss technology company ABB as title sponsor to seven-year … The deal comes as Mercedes-Benz, Porsche and Nissan join the series within the next year, âadding to the long list of car companies using Formula E to
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Bank stocks rose across Europe and North America on Wednesday, with UK banks hitting their strongest level in almost four years and US groups at their highest point since before the financial crisis, as investors grow increasingly confident that the era of ultra-low interest rates is approaching its end.
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Reports that Mark Wahlberg was paid $1.5 million to reshoot his scenes for All the Money in the World while Michelle Williams earned less than 1% of that for the same work have raised eyebrows in Hollywood and across the country. A report in USA Today claims Wahlberg's team negotiated the fee
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Apple has revealed when it will hand over the operation of its iCloud data center in China in a bid to comply with local law. In an e-mail to affected customers on Wednesday, Apple said that it will hand over Chinese iCloud data center operations to Guizhou on the Cloud Big Data (GCBD) on February 28.
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