Snap’s shares tumbled after it disappointed with revenue and user growth. But the stock recovered slightly after Snap said China’s Tencent holds 12 pct stake. Roselle Chen reports. Continue reading
U.S. department stores are ordering less this holiday season to keep their inventory costs down. Roselle Chen reports. Continue reading
Significant amounts of London’s iconic Oxford Street could be pedestrianized by December 2018, if the city’s Mayor Sadiq Khan’s proposals are met favorably. He’s hoping about half a mile of the street will become a “traffic-free pedestrian boulevard”, coinciding with the arrival of the new Crossrail line in central London in December 2018. Saskia O’Donoghue reports. Continue reading
Speech scientists are developing a system that can monitor fatigue levels by looking for signs of tiredness in the voice, with plans for its initial use by heavy construction vehicle drivers. Matthew Stock reports. Continue reading
A trove of leaked offshore investment documents, dubbed the ‘Paradise Papers’, exposes hidden banking activities of some of the world’s wealthiest people. Samantha Vadas reports. Continue reading
Sprint and T-Mobile said on Saturday they have called off merger talks to create a stronger U.S. wireless to rival to market leaders, leaving No. 4 provider Sprint to engineer a turnaround on its own. Jonah Green reports. Continue reading
TOKYO, JAPAN (OCTOBER 31, 2017) (TV TOKYO) – Bank of Japan Governor Haruhiko Kuroda on Tuesday (October 31) laughed off the notion that researchers can use artificial intelligence to analyse his facial expressions and predict changes in monetary policy.
Last week, Ripple hosted Swell in Toronto which provided a forum for leaders in banking and blockchain to meet, network and hear from the likes of Dr. Ben Bernanke and Sir Tim Berners Lee. In case you missed the livestream, recorded sessions can be viewed here.
Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion. But as Kate King reports, mainstream institutional investors are steering clear, taking the view that it is too lightly regulated, too volatile and too illiquid to risk investing other people’s money in. Continue reading
Artificial intelligence researchers in Japan say they’ve found a way to predict major policy shifts from the country’s central bank by analyzing split-second changes in the facial expression of its governor, Haruhiko Kuroda. Julian Satterthwaite reports. Continue reading