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AMD Revolutionizes Fintech with NanosecondSpeed Trading Card

The Alveo UL3524 accelerator card from AMD has been unveiled in response to the fintech sectors demand for ultralow latency electronic trading solutio

The Alveo UL3524 accelerator card from AMD has been unveiled in response to the fintech sectors demand for ultralow latency electronic trading solutions. This FPGAbased card provides nanosecondspeed trading capabilities and is aimed at proprietary traders, market makers, hedge funds, brokerages, and exchanges. The Alveo UL3524 enables AIpowered trading techniques, allowing users to accelerate their unique hardwareaccelerated algorithms and respond to changing market conditions. When developing customised fintech solutions, AMD works with strategic partners to improve performance in trading, risk management, and compliance. They provide significant performance gains but frequently come at a more high price, necessitating compatibility and purposespecific choices. Read More..

B2B Tech News | 2 years ago          

Sonys Immersive Virtual Production Sets Industry Standard

Sony Group is increasing its emphasis on the virtual production market to take advantage of the commercial success of its technology. With integrated

Sony Group is increasing its emphasis on the virtual production market to take advantage of the commercial success of its technology. With integrated scenes displayed on LED panels, this company offers virtual production facilities with advantages over traditional green screens, such as more realistic reflections and better actor immersion. Sonys hardware, including its LED video walls, image sensors, and its prowess in the filmmaking industry, are its most vital points. Outpacing the industry, the companys virtual production business is expanding at a stunning 35% yearly, with a growing portion of sales coming from services. By improving its technology and services in this emerging market, Sony hopes to grow even more. Read More..

B2B Tech News | 2 years ago          

US and German Bonds Surge Amidst Fiscal Concerns

Government bond prices have fallen during the third quarter, with U.S. and German government bond yields recording their highest quarterly increases i

Government bond prices have fallen during the third quarter, with U.S. and German government bond yields recording their highest quarterly increases in a year due to fiscal concerns and worries about persistently highinterest rates. For fund managers anticipating recovery from the losses experienced in 2022 due to interest rate hikes by central banks, this is a disappointment. Equities have experienced their first quarterly decline of the year as a result of the rise in yields, particularly in the U.S. Hawkish central banks, along with other reasons like budgetary concerns and rising oil costs, have contributed to the turmoil in the bond market, forcing investors to change their expectations. While some predict that yields will reach 5%, others still believe shorterdated bonds offer chances. Read More..

B2B Tech News | 2 years ago          

Yens Dive to 150/Dollar Stirs Up Intervention Fears

The rapid slide of the Japanese yen, now close to 150 to the dollar, has sparked worries about possible intervention by Japanese authorities. The Bank

The rapid slide of the Japanese yen, now close to 150 to the dollar, has sparked worries about possible intervention by Japanese authorities. The Bank of Japans hesitation to end its ultraaccommodative monetary policy while the U.S. Federal Reserve considers tightening measures is mostly to blame for this decrease. The difference in longterm rates between the two nations, which has widened dramatically in favour of the dollar, is often reflected in the dollaryen exchange rate. Given its symbolic significance and effects on living expenses, many believe that the 150 yen to the dollar level is a crucial threshold for government intervention. Read More..

B2B Tech News | 2 years ago          

Pakistans $11 Billion Bid for Economic Revival

To strengthen its economy, Pakistan is looking to China and Saudi Arabia for $11 billion in bilateral assistance. Its priorities are to increase its t

To strengthen its economy, Pakistan is looking to China and Saudi Arabia for $11 billion in bilateral assistance. Its priorities are to increase its tax base, stop illicit currency transfers, and maintain the IMF programs stability until the next elected government assumes power. The interim finance minister, Dr Shamshad Akhtar, talked about distributing a portion of the Benazir Income Support Programme to the provinces by IMF guidelines. She emphasised the governments dedication to IMF reforms and closing the funding deficit with foreign sources. Akhtar also emphasised the need for legislative adjustments to effectively include the retail, agricultural, and real estate sectors in the tax net. He encouraged businesses and exporters to make their investments in exports. Read More..

B2B Tech News | 2 years ago          

Oil Prices Slip as Russia and Saudi Arabia Boost Supply

Profittaking and projected increases in production from Russia and Saudi Arabia contributed to the decrease in oil prices. United States West Texas In

Profittaking and projected increases in production from Russia and Saudi Arabia contributed to the decrease in oil prices. United States West Texas Intermediate crude WTI declined 8 cents to $91.63 per barrel, and Brent November futures fell 21 cents to $95.17 per barrel. As part of OPEC+, Saudi Arabia and Russia have reduced their daily production by 1.3 million barrels. Still, Russia has relaxed its export restrictions, boosting supply expectations. Global oil consumption was boosted by favourable macroeconomic indicators and Chinas Golden Week holiday. But worries about a potential global recession, which would affect shortterm oil consumption, continue to exist. Read More..

B2B Tech News | 2 years ago          

UAEs Entry into BRICS Promises Global Economic Reshaping

The imminent inclusion of the UAE into the influential BRICS alliance next year is expected to greatly enhance its global influence and open up new av

The imminent inclusion of the UAE into the influential BRICS alliance next year is expected to greatly enhance its global influence and open up new avenues for trade and investment within one of the worlds major economic groups, according to experts. Known for its focus on innovation, advanced technologies, and sustainable development, the UAEs entry is poised to stimulate diversification and expansion in the BRICS economies, which collectively represent roughly 40% of the worlds population. This strategic move is set to bring economic benefits to the UAE while simultaneously fueling diversification and growth within the BRICS economies, fostering stronger trade and investment partnerships, knowledge sharing, and collaborative initiatives across various sectors like technology, energy, and finance. Read More..

B2B Tech News | 2 years ago          

Cryptocurrency giant Binance offloads Russian arm amid war in Ukraine

Binance, the worlds largest cryptocurrency exchange, has announced the sale of its Russian business to the newlyestablished exchange CommEX, joining t

Binance, the worlds largest cryptocurrency exchange, has announced the sale of its Russian business to the newlyestablished exchange CommEX, joining the growing list of companies exiting Moscow due to Russias war in Ukraine. The financial details of the deal remain undisclosed, with Binance confirming it wont retain ongoing revenue or an option to repurchase shares in the Russian business. Binances Chief Compliance Officer, Noah Perlman, cited incompatibility with Binances compliance strategy for their withdrawal from Russia. The migration of users and assets will be carried out orderly over the course of a year. CommEX, backed by crypto venture capitalists, recently launched its exchange. Many Western companies have divested or handed over Russian assets in response to sanctions and threats from the Kremlin. Read More..

B2B Tech News | 2 years ago          



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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