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Archive for the ‘finance’ category: Page 8

Feb 26, 2024

Why is China’s poorest province inundated with fires?

Posted by in categories: finance, government

Guizhou is China’s most indebted province. Its government has relied on borrowing to make ends meet. During the lunar new year, the province has seen unprecedented large-scale fires. State-controlled propaganda blamed local New Year customs and arsons by the Japanese and the Americans. However, Guizhou’s financial data shows that people have had just enough.

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Feb 23, 2024

The Dual-Laser Revolution: A New Design for Quantum Computers

Posted by in categories: computing, encryption, finance, quantum physics

Creating a quantum computer powerful enough to tackle problems we cannot solve with current computers remains a big challenge for quantum physicists. A well-functioning quantum simulator – a specific type of quantum computer – could lead to new discoveries about how the world works at the smallest scales. Quantum scientist Natalia Chepiga from Delft University of Technology has developed a guide on how to upgrade these machines so that they can simulate even more complex quantum systems. The study is now published in Physical Review Letters.

“Creating useful quantum computers and quantum simulators is one of the most important and debated topics in quantum science today, with the potential to revolutionize society,” says researcher Natalia Chepiga. Quantum simulators are a type of quantum computer, Chepiga explains: “Quantum simulators are meant to address open problems of quantum physics to further push our understanding of nature. Quantum computers will have wide applications in various areas of social life, for example in finances, encryption, and data storage.”

Steering Wheel

Feb 20, 2024

Paper page — FinTral: A Family of GPT-4 Level Multimodal Financial Large Language Models

Posted by in category: finance

Join the discussion on this paper page.

Feb 20, 2024

Gene Therapy Makers Struggle to Find Patients for Miracle Cures

Posted by in category: finance

BioMarin’s hemophilia treatment had only one US patient last year, as drug pioneers discover that scientific achievement doesn’t guarantee financial success.

Feb 20, 2024

Anatsa Android malware downloaded 150,000 times via Google Play

Posted by in categories: cybercrime/malcode, finance, mobile phones

The Anatsa banking trojan has been targeting users in Europe by infecting Android devices through malware droppers hosted on Google Play.

Over the past four months, security researchers noticed five campaigns tailored to deliver the malware to users in the UK, Germany, Spain, Slovakia, Slovenia, and the Czech Republic.

Researchers at fraud detection company ThreatFabric noticed an increase of Anatsa activity since November, with at least 150,000 infections.

Feb 16, 2024

A new design for quantum computers

Posted by in categories: computing, encryption, finance, quantum physics

Creating a quantum computer powerful enough to tackle problems we cannot solve with current computers remains a big challenge for quantum physicists. A well-functioning quantum simulator—a specific type of quantum computer—could lead to new discoveries about how the world works at the smallest scales.

Quantum scientist Natalia Chepiga from Delft University of Technology has developed a guide on how to upgrade these machines so that they can simulate even more complex quantum systems. The study is now published in Physical Review Letters.

“Creating useful quantum computers and is one of the most important and debated topics in quantum science today, with the potential to revolutionize society,” says researcher Natalia Chepiga. Quantum simulators are a type of quantum computer. Chepiga explains, “Quantum simulators are meant to address open problems of quantum physics to push our understanding of nature further. Quantum computers will have wide applications in various areas of social life, for example, in finances, encryption, and data storage.”

Feb 14, 2024

DarkMe Malware Targets Traders Using Microsoft SmartScreen Zero-Day Vulnerability

Posted by in categories: cybercrime/malcode, finance

Hackers are exploiting a ZERO-DAY flaw in Microsoft Defender SmartScreen to deliver DarkMe malware. This sophisticated attack can steal your data and give hackers access to your financial accounts.

Feb 13, 2024

XTURISMO — The World’s First Hoverbike Takes First Flight In The U.S.

Posted by in categories: business, cryptocurrencies, finance, transportation

1 year ago.


#HoverBike #XTURISMO #FirstHoverBike #US #Detroit The hoverbike was tried and tested by none other than the Co-Chairman of the Detroit Motor Show himself. His reaction after the flight… just like that of a 15-year-old child fulfilling a dream. The hoverbike is already on sale in the country. Watch this report to know more. ———————– About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in Facebook: / businesstoday twitter: / business_today Instagram: / business_today.

Feb 11, 2024

Hackers Steal $25 Million by Deepfaking Finance Boss

Posted by in categories: cybercrime/malcode, finance

A multinational company was scammed out of $25.6 million by hackers who fooled employees at the company’s Hong Kong branch into believing their digital recreation of its chief financial officer — as well as several other video conference participants — were real.

The hack, believed to be the first of its kind, highlights just how far deepfake technology has progressed.

As the South China Morning Post reports, scammers are believed to have used publicly available footage to create deepfake representations of the staff. Some of the fake video calls apparently only had a single human on the line, with the rest being deepfakes created by the hackers.

Feb 8, 2024

Futuristic Finance: AI’s Seductive Power In Reshaping Private Equity

Posted by in categories: finance, information science, robotics/AI

In the dynamic and fast-paced world of private equity, AI integration is not just a passing trend; it’s a transformative force reshaping the landscape of the industry. As firms navigate the complexities of investments, market analysis, and financial predictions, AI emerges as a beacon of efficiency, insight, and innovation.

Currently, AI’s integration in private equity is impressive but not expansive. Most firms primarily focused on data analysis, deal sourcing, and risk assessment. Firms like KKR & Co. and Blackstone pioneered this industry revolution, leveraging AI to analyze market trends, evaluate potential investments, and enhance decision-making processes. For instance, consider how AI algorithms process vast amounts of data to identify promising investment opportunities. By sifting through global financial reports, news, and company data, AI provides a deeper understanding of risks and rewards, at level of volume and understanding that most human analysts would find overwhelming.

Additionally, private equity firms find AI-driven risk assessment models indispensable. These models predict market fluctuations, assess potential investment hazards, and offer a more nuanced understanding of various sectors. This predictive power allows firms to make more informed decisions, balancing risks with potential returns more effectively.

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