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Posts Tagged ‘money’

Alan Turing will be on England’s £50 note

Computer scientist Alan Turing, key to decoding **** communications during World War II, is to be the face of the new £50 banknote. The BBC:

The work of Alan Turing, who was educated in Sherborne, Dorset, helped accelerate Allied efforts to read German Naval messages enciphered with the Enigma machine.

Less celebrated is the pivotal role ...

The new £50 notes will feature Alan Turing (whilst HMG proposes bans on Turing complete computers AND working crypto)

The Bank of England has unveiled its new £50 notes, which had been earmarked to honour a distinguished British scientist, and which will feature Alan Turing, the WWII hero who discovered many of the foundational insights to both modern computing and cryptography, and whose work with the codebreakers of Bletchley Park are widely believed to ...

Fintech in Latin America continues to draw big dollars as Softbank invests $231 million in Creditas

As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth across the region continues to rise, access to adequate financial services — specifically debt — has become a pain-point for an upwardly mobile middle class ...

PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment

PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after it announced a deal to buy a majority stake in Singapore-based Red Dot Payment. Naspers is best known for its payments and fintech business in markets like India, Latin America, Africa and Eastern Europe, but ...

Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia

Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced a $4.25 billion fund dedicated to China and Southeast Asia. The firm has been present in China for 25 years, and it has invested over $11 billion in a portfolio of over 120 startups that ...

The changing nature of venture capital

The venture industry is likely to consolidate significantly in the next decade as funding confers greater advantage to large venture investors. ...

Mystery saint giving out $100 bills and encouraging notes in eastern Canadian town

It's been a crackerjack year, hasn't it? Kids are being held in concentration camps, whole species are disappearing from the face of the earth, our weather is absolutely borked and drinkable water is fast disappearing in many locales around the world. Everything is terrible!

Except for when it isn't.

From The Globe & Mail:

An anonymous benefactor ...

Apple considering moving hardware production out of China

The escalating tariff slap-fight between the United States of America and the People's Republic of China is messing with so many bottom lines that the only people playing the market and making bank are those with companies that make red ink in their portfolios. Even Apple, a company that pretty much prints its own ...