Financial Technology

Alibaba says its AWS-a-like division embiggened by 138%
bumn-news.com

Biz has 2.3 million customers. Half a million of them actually pay, too Alibaba’s cloud computing division Alicloud reported bumper growth of 138 per cent to $468m (£322m) for its full financial year 2016, as more paying customers flocked to the Middle Kingdom’s AWS equivalent.…

9
Like
Save
Beyond the Panama Papers: See Inside the World’s Tax Havens
bumn-news.com

The financial world has dozens of hiding places. Here’s what they look like. The post Beyond the Panama Papers: See Inside the World’s Tax Havens appeared first on WIRED.

6
Like
Save
Apple said to have secret virtual-reality team – CNET
bumn-news.com

Apple has been building prototype headsets that could one day rival Facebook’s Oculus Rift or Microsoft’s Hololens, according to the Financial Times.

4
Like
Save
31 nations sign data-sharing pact to tax multinationals
bumn-news.com

‘Release the audit-hounds’ says OECD as it targets legal-but-black-hearted tax tricks 31 nations this week signed a data-sharing agreement that will see multinational companies’ financial reports shared widely, the better to understand their global financial contortions.…

7
Like
Save
Half the staff go gardening at the now not-so-jolly Jolla
bumn-news.com

Finland’s last phone company hits cash flow trouble Finnish phone company Jolla has confirmed it has put half of its 100-odd staff on gardening leave, after hitting financial problems.…

6
Like
Save
Ex-Goldman Sachs programmer found guilty of code theft … again
bumn-news.com

Sergey Aleynikov nailed for fleeing vampire squid with crucial trading tools An ex-Goldman Sachs programmer has for the second time been found guilty of stealing code from the vampiric financial giant.…

6
Like
Save
Red Hat CFO reaches for eject cord after Street-beating performance
bumn-news.com

Linux firm ups annual guidance yet again Red Hat chief financial officer Charlie Peters announced on Wednesday that he’s stepping down from the company, even as it reported another quarter of strong earnings that beat even its own guidance.…

9
Like
Save
Technology for the Financial Industry | SmartData Collective
bumn-news.com

Let's face it: the financial industry isn't exactly the most innovative in terms of embracing emerging technologies. Growing regulations and legacy systems have limited the industry to a certain extent and principals are hesitant …

3
Like
Save
FinTech Day is September 8 | About That Ratio
bumn-news.com

A sneak peek at Monday's "FinTech Day" at the NASDAQ's MarketSite in New York City — a collaboration between the exchange and Bank Director that celebrates the contributions of financial technology companies to banks …

11
Like
Save