This ruling calls for congressional clarity In a significant legal victory, Ripple Labs, the company behind the XRP cryptocurrency, has emerged triumphant in its case against the US Securities and Exchange Commission (SEC). The ruling, which states that the open market sales of XRP do not qualify as a security,…
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M&A, private equity, and venture financing deals all experience year-on-year decline The first half of 2023 saw a significant decline in global deal activity, with a total of 28,151 deals (including mergers & acquisitions (M&A), private equity, and venture financing deals) announced, marking a 23.7 per cent decrease compared to…
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Unveiling new investment initiatives for sustainable growth The tenth Mongolia Economic Forum (MEF) is in full swing, attracting 2,200 global guests including business leaders, representatives from multilateral organizations, and members of the third sector. Held from July 9-10, the event aims to explore collaborative opportunities with the Mongolian Government to…
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Double-digit growth observed across all product categories and regions The Electronic System Design (ESD) industry experienced a significant revenue increase of 12 per cent in the first quarter of 2023, reaching $US3,951.1 million, according to the latest Electronic Design Market Data (EDMD) report released by the ESD Alliance, a SEMI…
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Amazons purchasing power will need to come into play to secure deeper discounts GlobalData, a data and analytics company, suggests that Amazon will need to provide a compelling promotional event during its two-day Prime event in the UK on July 11 to entice spending and reverse the decline in Prime…
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The UK’s trade prospects remain lackluster due to slow economies in major trading partners GlobalData, a leading data and analytics company, predicts that the United Kingdom’s economy is set to experience a marginal growth of 0.1 per cent in 2023. This upturn is attributed to several factors, including lower energy…
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The collab will leverage their data science resources Visa, a global leader in digital payments, and Hyundai Card, a prominent credit card company based in Korea, have announced a strategic business partnership aimed at exploring collaboration opportunities in utilizing payments data to develop insights and drive value. The partnership was…
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Despite the decline China VC remains a force in global market The China venture capital (VC) funding landscape experienced a decline in both deal volume and value during January to May 2023 compared to the previous year, attributed to geopolitical tensions and recession concerns. However, China remains a dominant player…
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Reveals escalating cybersecurity threats in Q1 2023 The Trellix Advanced Research Center has released its highly anticipated report on cybersecurity threats in the first quarter of 2023, highlighting the alarming rise of offensive cyber capabilities employed by nation-states for espionage and disruption. The findings underscore the urgent need for public…
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Modernizing decision support systems is key to achieving data-driven decision-making The IDC MarketScape: Asia/Pacific excluding Japan (APeJ) Analytic Data Platforms for Decision Support 2023 Vendor Assessment has identified AWS, Google, Microsoft, and Oracle as the “Leaders” in the software category for Analytic Data Platforms for Decision Support. They are closely…
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