The FinTech Hub
Source: Live Mint Nike sales and profits slumped in its fiscal first quarter as the sportswear giant wrestles with shoppers’ sluggish demand for new sneaker models and other products. The lackluster results Tuesday came after Nike announced last month that its CEO, John Donahoe, is stepping down on Oct. 13. Company veteran Elliott Hill is…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25654261/2175197872.jpg?w=600&resize=600,400&ssl=1 "The hidden toll taken by tropical storms")
Source: The Verge Tropical storms take many more lives than officially recorded, according to a sobering study published today in the journal Nature. It comes as people across the Southeastern US scramble to find loved ones in the wreckage of Hurricane Helene. The average tropical storm or hurricane leads to the early deaths of between…
Source: Bitcoinist Bitwise Asset Management has officially filed for a spot XRP exchange-traded fund (ETF) with Delaware’s Division of Corporations on September 30. The filing encompasses the registration for establishing a Delaware statutory trust, a business-oriented trust recognized under Delaware state law. This strategic move aligns with precedents set by prominent financial entities such as…
Source: Coin Tegraph Bitcoin’s recent surge in open interest beyond $35 billion has analysts worried about potential signs of froth in the market. Read Full Article
/cdn.vox-cdn.com/uploads/chorus_asset/file/25654312/STK302_WORDPRESS_B.jpg?w=600&resize=600,400&ssl=1 "Automattic demanded a cut of WP Engine’s revenue before starting WordPress battle")
Source: The Verge Automattic, the parent company of WordPress.com, asked rival hosting service WP Engine to hand over 8 percent of its revenue each month before igniting a very public battle over what you can and can’t do with an open-source project. On Wednesday, Automattic published the proposed deal that it sent to WP Engine…
Source: Business Standard 4 min read Last Updated : Oct 02 2024 | 8:10 PM IST The Ministry of Finance has released new guidelines for handling delayed tax refund claims and loss carry forward applications. The new guidelines issued on Tuesday increase the limit of tax refund claim amount in condonation of delay cases…
/cdn.vox-cdn.com/uploads/chorus_asset/file/24002467/acastro_STK081_amd_02.jpg?w=600&resize=600,400&ssl=1 "AMD’s new frame generation tech rolls out to boost FPS in more games")
Source: The Verge AFMF is a frame-generation technology similar to Nvidia’s DLSS Frame Generation, but operates on the driver-level instead of game-specific integration. The second-gen AFMF update can be enabled in OpenGL, Vulkan, DirectX 11, or DirectX 12 games — meaning fps can now be improved in titles that don’t support FSR and DLSS —…
Source: Venture Beat If a primary goal of education is to prepare kids for the future, IT leaders play a more pivotal role than ever. Read Full Article
Source: Live Mint The Securities and Exchange Board of India (Sebi) had first introduced new stress testing methodologies for determining credit exposure in CCs, including both hypothetical and historical scenarios to calculate potential losses when closing out client positions on October 16, 2023. CCs confirm, settle and ensure delivery of securities for trading on an…
Source: Business Standard 5 min read Last Updated : Oct 02 2024 | 7:33 PM IST Workers in the UK’s hospitality and service industries will now benefit from a law guaranteeing them all the tips they earn, starting this week. The Employment (Allocation of Tips) Act, introduced through a Private Members’ Bill on Tuesday,…
