(MENAFN – Khaleej Times) Emerging venture markets (EVMs) are gaining momentum as startup ecosystems. The EVMs continue to receive traction from investments and this is evident as seen with Turkish startups who have seen continued growth over the years even as more capital was invested in fewer startup deals in first-half of 2020.
More venture capital inflows but in fewer deals were witnessed in first half of 2020 as investment touched $80 million invested in Turkey-based startups, already 80 per cent of total 2019 funding, while investment deals were down by 51 per cent to 29 from first half in 2019.
The top five disclosed funding rounds in first half 2020 accounted for more than 84 per cent of total funding in the first six months in Turkey’s startup ecosystem compared to 49 per cent across Mena, according to first half 2020 Turkey Venture Investment launched by Magnitt on Monday.
Bitcoin buyers fall into two camps (primarily). Those who trade the cryptocurrency and those who “stack Satoshis,” a term for stockpiling on Bitcoin as a means of building long-term wealth. Stacking Satoshis may be the most successful tactic due to a few key iterations that Bitcoin will go through to ultimately strengthen its price and reputation as a solid investment choice. Many Bitcoin experts expect Bitcoin to be at the height of its development in 2025.
There are key reasons as to why Bitcoin will make a solid long-term asset over the next five years and may reach its peak as a new technology with mass adoption in seven to ten years. This series explores why strategically entering the bitcoin market at a good entry price will make a solid investment for the future.
Bitcoin Investment Cycle: Institutions
Bitcoin’s investment cycle is important to understand as the cryptocurrency has the
Payments platform Square has purchased $50 million in bitcoin, part of its larger investment in cryptocurrency, the company announced on Thursday. Square bought a total of 4,709 bitcoins, which the company says represents about 1 percent of its total assets as of the end of the second quarter.
Square said it was making the purchase because it believes “bitcoin has the potential to be a more ubiquitous currency in the future,” calling cryptocurrency “an instrument of economic empowerment” that “provides a way for the world to participate in a global monetary system.” Square has accepted bitcoin as a form of payment since 2014.
Jack Dorsey, CEO of Twitter and Square, has long been a proponent of bitcoin, saying in 2018 that he believes it will eventually become the world’s single currency within the next decade. Dorsey, who also owns an undisclosed amount of bitcoin personally, said during an earnings call
Use of AI technologies reached 81%, up 33 percentage points since 2018
AI investment and adoption accelerated during COVID-19 pandemic
86% of survey respondents believe that ethical considerations are a strategic priority in the design and implementation of their AI systems
AI is more likely to be used to increase efficiencies and worker productivity than to replace labor
US competitiveness in AI on the world stage remains a concern
The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.
The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year
iConnections and TII Are Pleased To Announce They Have Entered Into a Global Strategic Partnership, Combining TII’s Industry Leading Educational Forum Services with iConnections’ World Class Strategy-Led Enterprise Delivery and Next-Gen Technology Services
The Investment Institute (TII), a leading membership body offering unbiased and non-commercial educational investment forums for senior decision-makers from leading endowments, foundations, pension funds, family offices and asset management firms has announced a strategic partnership with iConnections, the industry leading platform that seamlessly connects managers and allocators for virtual meetings, giving managers the ability to subscribe and share.
The iConnections Investment Institute will allow TII members real-time interactions and access to peers in the community throughout the year as well as enable allocators to clearly identify managers and strategies that may be of interest.
With technology playing an increasingly critical role in every aspect of business, companies recognize that they need to accelerate the development of digital
Today, International Data Corporation (IDC) announced its IT outlook for 2021 along with top trends and guidance for enterprises as they prepare for The Next Normal.
Recent IDC data shows that actual market performance has been stronger than suggested by survey and market indicators, especially in the U.S., due largely to cloud and remote work support. Service provider investments to meet demand for cloud and digital services are stable compared to other sectors and remote work/learning has driven stronger PC volume and a greater focus on security for the year. “Overall information and communications technology (ICT) spending is expected to have a 5% compound annual growth rate (CAGR) through 2024. In terms of total IT spending, we are seeing a more shallow V-shaped drop this year. Total IT spending will drop to about 1% growth this year, but this is far stronger than the 3% decline that was expected earlier
NEW YORK–(Business Wire)–The adoption of new artificial intelligence (AI) technologies and further investment in existing AI technologies accelerated during the COVID-19 pandemic, according to a study released today by RELX, a global provider of information-based analytics and decision tools for professional and business customers. The study also reveals that overall implementation of AI technologies across the business landscape increased for the third consecutive year.
The 2020 RELX Emerging Tech Executive Report marks the third edition of the survey and provides a three-year overview of AI adoption. It features insights from business leaders across eight industries (government, healthcare, insurance, legal, science/medical, banking and agriculture) and covers AI’s impact on businesses’ success, the future of work, global competition, ethics, and the global COVID-19 response. More than 1,000 U.S. senior executives were surveyed.
COVID-19 Drove AI Technology Investment and Adoption
COVID-19 is the most pressing issue facing US executives today as it reshapes
Foreside Launches New Technology Solutions for Registered Investment Advisors, Broker Dealers, and Asset Managers
Products address Code of Ethics and personal account monitoring, best execution, education and training, advertising reviews, and cybersecurity
Foreside Financial Group, a global provider of regulatory and compliance service and technology offerings for firms in the global asset and wealth management industry, is introducing a robust collection of technology-based compliance solutions, all accessible via an expanded client portal. Each new solution is designed to streamline compliance and create efficiencies by employing the latest technology available to meet the unique needs of its individual clients.
Foreside is launching several solutions that will improve the compliance function in vital areas such as personal account monitoring, best execution review, delivery of education and training to staff, advertising and marketing review, and cybersecurity. Select solutions are capable of integrating with an advisor’s current portfolio management platform.
Otter Products, maker of the popular Otterbox mobile accessories, has announced a “strategic investment” in Brydge, in a move that is set to support future collaboration and product development.
The new agreement between the companies will allow Otter and Brydge to leverage each other’s supply and distribution networks. Most interestingly, the companies seem intent on developing new products and “innovations” collaboratively under the OtterBox brand.
“Our company has always been dedicated to innovating in ways that will enable our customers to get more from their mobile technology,” said Otter Products CEO Jim Parke. “Brydge has the same philosophy, and we recognize that we can tap into the strengths of each organization to be even more effective in achieving this goal, especially as all of our relationships between home, school and work are evolving.”
Brydge is known for its MacBook-like iPad keyboard accessories, docks, and hubs, while Otter is known for
President and CEO of Quantum Xchange. Delivering quantum safety with Post Quantum Cryptographic algorithms and Quantum Key Distribution.
The internet as we know it is no longer safe. Being able to secure it — one way or another — is going to be paramount to business and national interests.
Over the past few months, there has been an uptick in activity on the quantum cryptography front. The good news? The U.S. is finally moving forward with serious government, academic and business backing. The bad news? We may already be too far behind.
In August, the National Science Foundation (NSF) and the Department of Energy (DOE) announced the investment of more than $1 billion over the next five years to five quantum information science (QIS) centers. It’s a joint initiative, with $625 million of the funding coming from the government and $340 million from the private sector and academia.