Forget the Trade War. China Wants to Win the Computing Arms Race

Forget the Trade War. China Wants to Win the Computing Arms Race

Technology companies from Microsoft to IBM to Alphabet Inc.'s Google view quantum computing as the next revolution. … Studies by the U.S. Chamber of Commerce and Bloomberg have independently shown that China is rising in its overall score for innovation, which includes education, government
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Tesla Gives Panasonic an Electric Shock

Shares of the Japanese company plunged as much as 9 percent after a spate of Tesla bad-news stories over the past few weeks. First, the U.S. electric-car maker reported yet another fatal crash, then a shortfall in production targets for its mass-market Model 3 and to top it off, a rating downgrade by
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Britons Back Holding a Vote on May's Brexit Deal

“It is absolutely not a done deal at the moment,” Adonis said in a Sky News interview. “Parliament will take the final say; it can, if it chooses to do so, refer it to the people.” May on Monday will visit her counterparts in Sweden and Denmark to discuss issues including Russian aggression, trade, investment
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Bond Traders Are About to Grasp the Magnitude of the Treasuries Deluge

Rick Rieder at BlackRock Inc. is among investors saying mounting deficits are likely to be a driving force for the Treasury market in 2018. In his view, the prospect of ballooning issuance, combined with quicker inflation and shifting central-bank policies, “truly changes the supply/demand paradigm.
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Australia and New Zealand Banking Group Limited (ASX:ANZ): Has Recent Earnings Growth …

In this article, I will take a look at Australia and New Zealand Banking Group Limited's (ASX:ANZ) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the past few years, along with how the rest of ANZ's industry performed. As a long-term
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Softer Australian auction clearance rates point to continued weakness in property prices

More apartments than houses are selling at auction at present, fitting with ongoing demand for lower-priced properties. Softer clearance rates suggest that recent price weakness in Sydney and Melbourne is unlikely to dissipate anytime soon.
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China Now Has the Most Valuable AI Startup in the World

The company, which specializes in systems that analyze faces and images on an enormous scale, said it closed a Series C round in recent months in which Singaporean state investment firm Temasek Holdings Pte and retailer Suning.com Co. also participated. SenseTime didn't outline individual
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More Chinese looking to buy, start PH ventures

ASIDE from buying real estate properties in the Philippines, Chinese investors are also eyeing possible acquisitions or joint venture deals with local property players. Colliers International Philippines research manager Joey Roi Bondoc said the country's sound economy, as reflected by the fast sales
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POLL: Developers, Tech Industry Fueling High Real Estate Prices

SAN JOSE (CBS SF) — When it comes to real estate sticker shock, a new poll has found that a majority of Bay Area residents place the blame for the high cost of housing on developers and the tech industry. The Silicon Valley Leadership Group says the steep prices are the downside of a booming
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Twin Cities affordable housing shortages affecting domestic violence survivors

The coalition, though, is monitoring the task force and providing input. Ellis said the task force will present an initial set of recommendations for housing April 20 and plans to arrive at a final set by the end of July. She encourages those interested or impacted by the housing market to come to a task force
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Mortgage firm hires managing director

He was appointed following the retirement of the pioneer Managing Director, Prof. Charles Inyangete, who joined the company in November 2014. Until his new engagement, Ogundimu was the company's. Chief Finance Officer (CFO).
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Tim Cook and Sergey Brin Met With the Saudi Crown Prince in Silicon Valley

Saudi Crown Prince Mohammed bin Salman was in Silicon Valley this week, where he met with an array of executives including Apple CEO Tim Cook, Alphabet Co-Founder Sergey Brin, and Google CEO Sundar Pichai. According the Saudi embassy, the meetings explored potential cooperation
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Struggling Deutsche Bank dumps CEO John Cryan

Deutsche Bank, which has been battling heavy financial losses, announced on Sunday that its chief executive officer will leave within weeks and is being replaced by a longtime executive known for his leadership skills. The bank's supervisory board said CEO John Cryan, who took over in 2015, will
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5 ways to manage your home loan EMI better

Try and pay an extra EMI every year. Though it can be tough initially, it pays off handsomely in the long-run. There is usually no prepayment charge for floating rate term loans. By paying an extra EMI every year, you can reduce your overall outstanding principal amount. Your lending institution is unlikely
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Philly's new property assessments are out – and your tax bill is likely climbing

In North Philadelphia, for example, where little real estate investment has occurred, several neighborhoods saw a decrease in assessed median market value for their single-family homes. Neighborhoods including Fairhill and East Germantown experienced the greatest declines, dropping 21.8 percent
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2018 HW Tech100 Winner: Better Mortgage

2018 HW Tech100 Winner: Better Mortgage. Platform … Better's platform moves the mortgage process completely online. Its customers are able to upload and eSign documents, have instant access to affordable lending discounts, and receive recommendations on the right mortgage products for them.
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2018 HW Tech100 Winner: Calyx Software

Calyx Software provides mortgage software solutions for banks, credit unions, mortgage bankers and brokers. The company offers several unique software solutions, including: Point, the company's flagship loan origination system; PointCentral, the company's enhanced server-based version of Point;
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2018 HW Tech100 Winner: Morty

Morty is an online mortgage broker that empowers homebuyers to make smarter home financing decisions. With a modern tech … The company, which publicly launched in 2017, offers a loan origination system and a pricing engine – both custom built from the ground up, in-house. During 2017, the
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April Kudos: Celebrating milestones, launches and awards in the mortgage industry

Rock Holdings is also the parent company of One Reverse Mortgage; Quicken Loans Mortgage Services, In-House Realty, RocketLoans, and Rock Connections. While the company shares a parent and a technology focus with Quicken Loans, Amrock gets a significant portion of its business from other
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2018 HW Tech100 Winner: Divvy Homes

Divvy is a rent-to-buy firm. Available in markets with appreciating home values, potential borrowers select a home on the market and Divvy will then buy it, and lease it back to them, while allowing them to build equity credits with every payment. Divvy raised over $7million to pursue its goal of offering an
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