News 

Beijing opens its finance sector: One domestic industry may be the big winner

“But it’s not just overseas companies that stand to benefit: One important Chinese sector will grow stronger, experts said” writes Huileng Tan for cnbc.com. In July, a senior Chinese insurance regulator warned of multiple risks in the industry, including liquidity, state news agency Xinhua reported.China shocked the world last week when it suddenly announced it would finally make some moves to open up its financial sector to more ownership from international investors.In fact, the management in China should begin adopting better strategies for risk management — a persistent issue in…

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When Visible Supply Chains Yield Predictable Cash Flow

“But today, supply chain visibility goes beyond being able to decipher where a shipment is at any point in time” reports pymnts.com. Technologies like machine learning and other tools with predictive capabilities can certainly heighten transparency across the supply chain.That need is pushing businesses to integrate technologies into their supply chain management systems to match payments, invoices and POs, for instance, for automated reconciliation. That capability, said Cahn, will yield benefits for all players in the supply chain.But considering how many parties are involved in global trade, from buyers to…

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Crypto News 

Canadian Government Experiments With Blockchain-based Identity Management Solutions

“This blockchain-based identity management service will be of great interest to a lot of parties, though” writes Jp Buntinx for livebitcoinnews.com. More importantly, this identity management service will be available on both mobile and desktop.We all know blockchain technology can be sued for different purposes.Focusing on identity management systems using this innovative technology is an interesting idea.Using a decentralized approach to identity management simply makes a lot of sense. Source: livebitcoinnews.com Share This:

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The Dizzying Data Challenges Of Hybrid Cloud Adoption

“But there are benefits to the public cloud, too, and organizations are increasingly taking this hybrid approach to cloud technology adoption” reports pymnts.com. That introduces new challenges in data management, from migration of data between cloud systems to securing that data and being able to back it all up.Trilio Data provides data backup capabilities for cloud service providers as well as cloud systems built using OpenStack, a popular open-source platform that can deploy both private and public clouds.Traditional data recovery solutions no longer cut it. “Traditional legacy solutions can be…

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Chrome River Brings Invoice Approvals To The Smartphone

“Corporate expense management firm Chrome River is enhancing its invoice B2B payment capabilities, the company said Tuesday (Nov. 14)” reports pymnts.com. Chrome River upgraded its INVOICE solution to support mobile management of invoices, enabling professionals to access the invoice processing capabilities of the tool from smartphones and tablets without the need for a separate mobile app. This time last year, Chrome River announced a partnership with Amadeus to provide its corporate travel and expense management capabilities to Amadeus’ customers to streamline businesses’ ability to book corporate travel and make B2B…

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News Stocks 

Soros Fund Management Unloads Stakes in Apple, Snap

“Soros Fund Management increased its stake in Microsoft (MSFT) by purchasing 99,000 shares and in Amazon (AMZN) by acquiring 2,500 shares” writes Donna Fuscaldo for investopedia.com. George Soros’ Soros Fund Management hedge fund has unloaded its stake in Apple (AAPL) and Snap (SNAP) and reduced positions in Facebook (FB) and Twitter (TWTR). (See more: Apple’s Market Cap Crosses $900B.) According to filings with the Securities and Exchange Commission, the fund sold off 1,700 shares of the Cupertino, California iPhone maker and 1.55 million shares of Snap during the September quarter.Shares…

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News Stocks 

Two of Snap’s biggest investors just loaded up on more shares

“Companies controlled by Fidelity held 11 million more Snap shares than during the prior quarter, while Coatue increased its stake by 1.7 million shares” writes Trevor Hunnicutt for businessinsider.com. Snap shares sank 18 percent in the third quarter and another 14 percent since the end of September. Get the latest Snap stock price here. Source: businessinsider.com Share This:

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Coca-Cola could make a move into booze, according to a Wells Fargo analyst

“During the company’s upcoming investor day, the analyst also expects the business to highlight diminished headwinds in Venezuela and Brazil, and cost savings in North America” writes unknown author for cnbc.com. Coca-Cola shares are set for a breakout thanks to successes overseas and its mission to expand its beverage lineup, according to Wells Fargo, which upgraded the stock to outperform.Coca-Cola is the world’s largest non-alcoholic beverage maker with a market value of $199.6 billion.A Coca-Cola spokesperson told CNBC that questions on beverage expansion will not be addressed until investor day.She…

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