Arnaldoaskatu

Technology

How JPMorgan and BlackRock are thinking of playing fund manager M&A

  • Top brass from JPMorgan and BlackRock, among the firms to kick off earnings season with their results, said Tuesday that they expect more consolidation in the wealth- and asset-management industries.
  • Pressures on money managers have fueled a flurry of acquisitions in those areas this year, and analysts questioned executives about their own deal ambitions, albeit coming from different corners of the market. 
  • JPMorgan boss Jamie Dimon said the bank would be “very interested” in deals in that space, and BlackRock finance chief Gary Shedlin said the firm was focused on targets that could expand its technology, global distribution, and private markets capabilities.
  • Last week, Morgan Stanley said it would buy investment manager Eaton Vance in a deal valued at $7 billion just days after it closed on its E-Trade acquisition. 
  • Visit Business Insider’s homepage for more stories.

Top brass at the world’s largest asset manager and largest US bank told

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Spooky blue moon to illuminate sky on Halloween

The night sky will bring an added treat this Halloween as it features a spectacle that has not occurred in nearly two decades.

Halloween is shaping up much differently this year due to the coronavirus pandemic with some communities electing to cancel trick-or-treating to reduce the risk of the virus spreading from one household to another. But in neighborhoods where young masqueraders will be going door-to-door collecting candy, they will have a bright full moon to help light the way.

This won’t be the typical full moon, either — it will be a blue moon.

The moon rises in the sky as seen through the Four Towers, or C.T.B.A. (Cuatro Torres Business Area) in Madrid, Spain, Monday, Aug. 11, 2014. (AP Photo/Daniel Ochoa de Olza)

Contrary to its name, a blue moon does not appear blue in color. It is simply the nickname given to the second full moon in

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Sony’s WH-1000XM4 noise-canceling headphones are $298 at Amazon, Best Buy, and B&H Photo

The second and final day of Prime Day 2020 is here, but there are still a ton of deals to take advantage of for the next several hours, including this fantastic deal on Sony’s new WH-1000XM4 wireless over-ear headphones. Normally, these headphones cost $350, but you can buy a pair for just $298. Even better? Both Amazon and Best Buy will give you a $25 gift card to its website when you purchase these headphones. B&H Photo is also price matching the headphones, but unfortunately it does not include the gift card sweetener like Amazon and Best Buy. The price is available for both color options (black and silver); its also available in midnight blue, but its an exclusive color available only at Best Buy.

Sony originally released these headphones in August. When stacked up against its predecessor, the WH-1000XM3, the newer model shares a similar design but allows users

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Respect the Index Trends, But Curb Your Enthusiasm

The charts of the major equity indices remain positive with trends that should be respected until proven otherwise. However, psychology and valuation suggest investors keep tight reins on their enthusiasm.

Here’s our take on the latest charts and market data.

On the Charts

All the equity indices closed lower Tuesday with negative internals on the NYSE and Nasdaq. However, the weakness did not result in any important technical signals being generated as all uptrends and support levels remained intact.

All the charts remain in near-term uptrends, above support and above their 50-day moving averages.

The stochastic levels remain overbought but have as yet to register bearish crossover signals. Breadth remains positive with the cumulative advance/decline lines for the All Exchange, NYSE and Nasdaq in uptrends and above their 50 DMAs.

Data Send Mixed Signals

The one-day McClellan Overbought/Oversold Oscillators saw declines in their overbought conditions to a larger degree than

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From Devita Saraf, The Only Woman, To Ritesh Agarwal,The Youngest; Here’s India’s Wealthiest Self-made Entrepreneurs Under 40

The total valuation of all the entrepreneurs mentioned in the IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2020 is INR 44,900 crore which is a staggering 59 per cent increase from last year

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Days after IIFL and Hurun India released its ‘IIFL Wealth Hurun India Rich List 2020’ where Reliance Industries Limited (RIL) managing director and chairman topped the list for ninth straight times, a new list called ‘IIFL Wealth Hurun India 40 & Under Self-Made Rich List 2020’ to represent emerging businessmen from the country.

The list consists of self-made entrepreneurs who are below the age of 40 and have a wealth of INR 1,000 crore or more. The total valuation of

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Earth’s space junk problem is getting worse. And there’s an explosive component.

Before humans first started sending objects into Earth orbit, the pocket of space around our planet was clear and clean. But the launch of Sputnik 1 in October of 1957 changed everything. Since then, the space debris has been accumulating, with the amount of useless, defunct satellites vastly outnumbering the operational objects in our orbit.

A new annual report from the European Space Agency (ESA) has found that while we have become aware of the problem and taken steps in recent years to mitigate it, those steps are currently not keeping up with the sheer scale of space junk.

All spacefaring nations have contributed to the problem, which is significant: as more and more defunct objects populate near-Earth space, the risk of collision rises – which, as objects crash and shatter, produces even more space debris.

The hazards have been prominent in the last year. We have not only watched

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Emerging iDER Platforms Remain Key To Our Energy Future

By: Peter Asmus

Due to climate change, organizations and governments are navigating the energy transformation that is already underway. Technology advances and evolving market rules such as the recent US Federal Energy Regulatory Commission Order No. 2222 require new approaches to integrating distributed energy resources (DER) with the grid. The key to value creation lies in the ways these DER assets are integrated into onsite energy networks to bolster resiliency and foster sustainability. It also requires innovative business models that recognize previously hidden value for end users and stakeholders across the broader energy system.

A fundamental rethink of strategy and planning as well as organization and system operations that embrace DER networks will be needed for a

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In City Where China Welcomed the World, Xi Prepares for a Colder One

When China first opened to overseas investors, the country was desperate for foreign technology to revive its growth. Now, as China faces rising global barriers, its leader, Xi Jinping, is urging greater domestic innovation.

Mr. Xi delivered this message on Wednesday while making an anniversary pilgrimage to the southern city of Shenzhen, which in 1980 was established as a “special economic zone” next to the global financial hub of Hong Kong. Shenzhen quickly became an incubator for “reform and opening up,” the strategy championed by the Chinese leader Deng Xiaoping that paved the way for the country’s decades-long economic takeoff.

Forty years later, Mr. Xi said China still welcomed foreign investors, but he also said it must prepare for a less welcoming world. The coronavirus pandemic has accelerated the rise of barriers to the free flow of goods and technology, Mr. Xi said, a theme that he has stressed recently.

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Top Battery Makers Discuss $20 Billion Indonesia EV Plans

(Bloomberg) — Contemporary Amperex Technology Co. Ltd. and LG Chem Ltd., two of the world’s top producers of batteries for electric vehicles, have signaled they may join projects that could see $20 billion more invested in supply chains in Indonesia, according to the country’s government.

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The firms signed separate heads of agreement with Aneka Tambang Tbk last month aimed at manufacturing higher value products for batteries from the state-owned miner’s nickel output, said Septian Hario Seto, deputy for investment coordination and mining at the coordinating ministry for maritime affairs and investments.

It’s a strategy that would involve development of new capacity for metals processing to battery pack assembly, according to Seto. “This is a race on technology,” he said in an interview. “LG Chem and CATL are two front-runners in lithium battery technology.”

Indonesia holds almost a quarter of global reserves of nickel, a key metal for electric

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GE Healthcare Introduces New Edge Technology Designed to Give Clinicians Rapid Access to Critical Data

  GE Healthcare Introduces New Edge Technology Designed to Give Clinicians
  Rapid Access to Critical Data

Business Wire

CHICAGO -- October 14, 2020

GE Healthcare today introduced Edison HealthLink, new edge computing
technology designed specifically for the needs of healthcare providers, that
allows clinicians to collect, analyze and act upon critical data closer to its
source. With 10 applications already available through Edison HealthLink –
including TrueFidelity image reconstruction, Mural Virtual Care and CT Smart
Subscription – the solution gives healthcare providers another entry point
into the Edison ecosystem.

While COVID-19 has accelerated the adoption of cloud technology, analyzing
data from a distance can pose various risks to operational efficiency and
patient care. Concerns around bandwidth, network and latency challenges remain
when a matter of seconds could determine the outcome for a patient. For
example, time is critical when diagnosing and treating stroke—around 2 million
brain cells die every minute^1 until 
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