News highlights – 24 July 2017

Written by on July 25, 2017 in News with 0 Comments

News highlights for 24 July 2017

CEO of the Nasdaq Stock Market Adena Friedman REUTERS/Mike Segar

NASDAQ invests in AI to bolster compliance

NEW YORK (Reuters) – Nasdaq Inc has agreed to acquire Sybenetix, a London-based startup that uses artificial intelligence to help compliance officers at asset management firms analyze the behavior of their traders in order to prevent market abuse. Read more…

First movers will drive sharing economy, big time

The sharing economy is set to see substantial growth, as players in more established sectors, such as transport and corporate space, press their first mover advantage, according to a new report from Juniper Research. Read more…

Carriers’ investment plans for the next five years

Carriers are aggressively investing in software-mediated network solutions, 5G and IoT over the next five years to remain competitive as enterprises realize the benefits offered by these technologies, according to Technology Business Research’s latest Enterprise Operator Benchmark. Read more…

SMEs to spend $676 billion on IT in 2021: IDC

FRAMINGHAM, Mass – A new update of the Worldwide Semiannual Small and Medium Business Spending Guide from International Data Corporation (IDC) forecasts that total IT spending by small and medium-size businesses (SMBs) will approach $568 billion in 2017 and increase by more than $100 billion to exceed $676 billion in 2021. Read more…

Cash pile grows as profit drops at Alphabet

SAN FRANCISCO (Reuters) – Alphabet Inc reported a 21 percent jump in quarterly revenue on Monday, maintaining a growth rate that is rarely seen among companies its size and suggesting the big sales gains enjoyed recently by the other Internet firms are not done yet. Read more…

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