Jamie Dimon: Blockchain is real; Fannie Must Be Protected From Politics

JPMorgan CEO Jamie Dimon on Fannie Mae and Freddie Mac, the SALT deduction, President Trump, bitcoin, the outlook for M&A and Federal Reserve policy.  Get The Timeless Reading eBook in PDF Get the entire 10-part series on Timeless Reading in PDF. Save it to your desktop, read it on your tablet,… Please follow and like us:

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Insider insight to critical RAID planning and implementation

WASHINGTON, January 10, 2018: System hardware and software failures are inevitable in a typical IT environment. For that reason, redundancy has become a key element of this industry. Addressing this issue on the hardware side, RAID backup and storage plays a crucial role in preventing faults and ensuring the safety and usability of data in the… Please follow and like us:

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SpaceX says rocket worked fine as spy satellite reported lost

A SpaceX rocket worked fine in its weekend launch of a secretive government satellite, named Zuma, the company said Tuesday after reports the payload did not make it into orbit. “For clarity: after review of all data to date, Falcon 9 did everything correctly on Sunday night,” said Gwynne Shotwell, president and chief operating officer of… Please follow and like us:

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GoPro predicts revenue slump and slashes workforce; stock plunges

Camera maker GoPro Inc. is getting out of the drone business, laying off more than 20 percent of its workforce and losing two executives after predicting a sharp decline in its fourth-quarter revenue and disclosing weak holiday-season demand for its cameras. The disappointing outlook sent shares plummeting nearly 30 percent to an all-time low of $5.32… Please follow and like us:

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Technology – Apple faces probe by Paris prosecutors over ‘planned obsolescence’

Paris prosecutors have launched a probe of US tech giant Apple over suspected “planned obsolescence” in some of its iPhone models. It comes after a complaint by the association Stop Planned Obsolescence (HOP or Halte a l’Obsolescence Programmee) that followed Apple’s admission last month that it intentionally slowed down older models of its iPhones over time.… Please follow and like us:

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Tesla Rival Byton Unveils ‘Smartphone on Wheels’

An electric car startup based in China has revealed an ambitious smart vehicle concept that it claims outperforms Tesla in terms of “digital power.” The Byton car, pitched by its makers as an Apple-inspired “smartphone on wheels,” was unveiled at the Consumer Electronics Show (CES) in Las Vegas on Sunday. The electric car was designed by… Please follow and like us:

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The Bank Of England Is Planning A Bitcoin-Style Virtual Currency – But Could It Really Replace Cash?

Governments are extremely worried about cryptocurrencies such as bitcoin. These virtual currencies mean you can make payments without involving the banks that most economies and government financial models are built on. People can transfer large amounts of money without the authorities knowing, potentially making it easier to evade tax or launder money. So several countries’ central… Please follow and like us:

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Automation Growth Just Starting As Our Robot Overlords Further Integrate Into Every Day Life

When Sanford Bernstein’s Jay Huang looks back at 2017, he doesn’t see the oddest political wrangling accompanied by surreal market environments. He appears more awed by the pace of automation trends, particularly integrating into human business processes. There is no cliff for automation stocks, he asserts in a January 4 report on Asian Industrial Technology. There… Please follow and like us:

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NASA: Ozone Layer’s Recovery Is Due To Chemical Ban

The shrinking hole in the ozone layer has become somewhat of a success story among all the damages humans have inflicted upon the Earth. A new NASA study based on data from the Aura satellite confirms the success, so far, through measuring the chemicals that caused the hole in the first place. The study, published Thursday… Please follow and like us:

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Homeland Security data breach compromises personal info of 247K DHS employees

A data breach at the Department of Homeland Security compromised the personal information of nearly a quarter of a million current and former DHS employees, including their names, Social Security numbers, birthdays, positions and pay grades, the agency said Wednesday. Hundreds of thousands of past and present DHS employees have been notified about a May 2017… Please follow and like us:

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Merrill Lynch Bans Bitcoin Trading

Wealth management firm Merrill Lynch has blocked all of its clients and financial advisers who manage money for clients from trading Bitcoin over fears of instability relating to the cryptocurrency, the Wall Street Journal reported. The ban will keep the firm’s nearly 17,000 financial advisers from suggesting Bitcoin-related investments and advises against client requests to invest… Please follow and like us:

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‘Internet of Things’ Devices Have Their Security Risks. How Regulators Should Address Them.

Most Americans own some sort of “smart” device, whether it’s a smartphone, a smart thermostat, or a smart fitness tracker. These devices are benefiting Americans in countless ways, from helping them become more energy-efficient, to saving money and even tracking their health. But many of these devices can also pose a security risk to unsuspecting consumers.… Please follow and like us:

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Andres Oppenheimer: My biggest fear for 2018? That ‘Alexa’ and other intelligent machines will go crazy

As 2018 gets started, there are many dire warnings about the dangers facing the world, from a war with North Korea to an explosion of violence in the Middle East. But I have a more mundane fear: that the robots and algorithms that we are incorporating into our daily lives will suddenly go crazy. You may… Please follow and like us:

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XRP Price Predictions For 2018

The San Francisco-based fintech giant Ripple ended 2017 with a bang. The company’s cryptocurrency, XRP, surged in late December then started 2018 by eclipsing Ethereum’s global market cap. According to CoinMarketCap, XRP’s cap was more than $93.4 billion by Tuesday morning. XRP, which cost less than a fraction of penny at the same time last year,… Please follow and like us:

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Trust in digital technology will be the internet’s next frontier, for 2018 and beyond

By Bhaskar Chakravorti, Senior Associate Dean, International Business & Finance, Tufts University. Trust in online systems varies around the world. Sergey Nivens/Shutterstock.com After decades of unbridled enthusiasm – bordering on addiction – about all things digital, the public may be losing trust in technology. Online information isn’t reliable, whether it appears in the form of news,… Please follow and like us:

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