Search Results for: artificial intelligence
PwC UK reported record revenue of £3.60bn for the year ended 30 June 2017
September 18th, 2017
PwC UK, the professional services firm, has reported record revenue of £3.60bn for the year ended 30 June 2017, up 5% from £3.44bn last year, as the firm continues to invest in people, technology and its regional presence in ...
Deloitte announces record global revenue of US$38.8 billion
September 15th, 2017
Deloitte Global today reported aggregate member firm revenue of US$38.8 billion for the fiscal year ended 31 May 2017 (FY2017), representing a 7.1 percent revenue increase in local currency terms or a US$2 billion revenue increase and 8.3 percent ...
Bitcoin mining has become very big business
September 14th, 2017
In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk. They worked as factory hands, ...
EY announced global revenues of US$31.4b
September 6th, 2017
EY announces combined global revenues of US$31.4b for the financial year ended 30 June 2017. Overall, financial year (FY) 2017 revenue grew by 7.8% in local currency (versus FY16). All EY service lines delivered strong growth in FY17: Assurance ...
‘Robo-Lawyer’ launched for property investing
August 10th, 2017
Legal and fintech startup Bootstrap Legal, brainchild of seasoned lawyer and crowdfunder GC Amy Wan, has launched software that automates the drafting of complex legal paperwork for those raising capital for property projects of $2 million and under. The ...
Nokia and Xiaomi sign patent deal
July 6th, 2017
Nokia and Xiaomi sign patent deal and agree to ‘explore’ areas like VR and A.I. Nokia and Xiaomi signed a cross-licensing patent deal on Wednesday focused around the data center. Both companies will “explore opportunities” in areas such as ...
The Largest Producer of Memory Chips in the World Invests Billions to Produce More of Them
July 4th, 2017
Samsung Electronics Begins Mass Production at New Semiconductor Plant in Pyeongtaek, South Korea Samsung Electronics, a world leader in advanced semiconductor technology, today announced that its new semiconductor fabrication line in Pyeongtaek, South Korea, has begun mass production and ...
FCA UK issued an update on regulatory sandbox
June 15th, 2017
The Financial Conduct Authority of UK (FCA UK) today provides an update on its regulatory sandbox and unveils the list of firms that were successful in their applications to begin testing in the second cohort of the sandbox. The ...
ESMA Responds To Commission Consultation On FinTec
June 7th, 2017
The European Securities and Markets Authority (ESMA) has sent today its response to the European Commission consultation paper on “Fintech: a more competitive and innovative financial sector”, welcoming the initiative to take a stock-take of the EU’s Fintech industry. ...
Fifteen startups selected for EBAday Fintech Pavillion
June 2nd, 2017
Finextra and the Euro Banking Association have selected 15 of Europe’s most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent’s leading payments and transaction banking event. Now in its twelth year, EBAday, a ...
