Chinese retail investors thronging to join Futu Holdings’ online brokerage during the pandemic have sent the company’s stock soaring this year, and boosted the wealth of its founder Leaf Li by nearly 460%.
Recent statistics show that the shutdowns caused by the COVID-19 pandemic have affected women at a much higher rate than men – both financially and professionally. This is deemed a she-cession by reports that have been following recessions since 1949.
Cybersecurity has never been easy, but as connected things and cyberthreats multiply — and Gartner says securing the mobile workforce has become an imperative — it is becoming even harder. This creates significant new challenges for organizations and their top leaders.
There is no better example of evolution than what we have seen in the financial world. From traditional in-person banking to internet banking which eventually moved from your desktop to the comforts of your palms through mobile banking. The strides that technology has taken have further changed the way we bank today introducing us to digital banking.
The events of 2020 have turned most predictions for 2021 on their head. Top trends such as artificial intelligence (AI) and the internet of things (IoT) will still define the ways in which tech reshapes our lives in the next year. However, the most significant use cases now involve helping us to adapt and survive in the changing times we are living through.
In October 2020 the US House Antitrust Subcommittee, chaired by Congressman David Cicilline, published its report on competition in digital markets. It conducted a full review of the market from top to bottom, focusing on the dominance of the giants in the industry: Facebook, Amazon, Apple and Google. The report zeroes in on their business practices, and how these could potentially amount to monopolies.
The Internet of Things (IoT) is one of the most prominent tech trends to have emerged in recent years. In simple terms, it refers to the fact that while the word “internet” initially referred to the wide-scale networking of computers, today, devices of every size and shape – from cars to kitchen appliances to industrial machinery – are connected and sharing information digitally, on a global scale.
Imagine a world where businesses execute strategies without worrying about securing data. Now imagine a world where fast paced cybersecurity capabilities enable trusted data to become a source for growth. Guess what? Both are possible today.
When you say the words “artificial intelligence,” what comes to mind for many is some sort of super intelligent machine life-form we’ve all seen in sci-fi movies, a being that knows more than we do and can do more than we can. Complete awareness and interpretation of its environment, rapid learning and adaptation, and incomprehensibly fast cycling through the orient-observe-decide-act loop are implied AI characteristics in most films.
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