Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Posts Tagged ‘fintech

Growing Languages

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iFixit and others have torn down the new 16″ MacBook Pro, which has revealed, yes, a keyboard similar to the standalone Magic Keyboard (and which allegedly will not have the same keyboard woes of the more recent MBPs). Also, a new thermal system, a high-performance microphone array, and six speakers (which apparently can play quite loud so you can annoy all your cubicle amigos).

GitHub just released it’s “State of the Octoverse” report, which tracks the most popular programming languages. The top three fastest-growing include Dart, Rust and HCL. Dart is similar to Javascript and often used in conjunction with Google UI tool kit for building mobile and web apps, Flutter.

Rust is used in game engines, OSes, VR, and other systems-intensive tasks. And HCL helps developers run and secure software running in the cloud.

On the subject of cloud, Google has bought Microsoft-backed CloudSimple which enables companies to run compute workloads based on VMware’s server virtualization. No terms were disclosed.

Today’s Funding: Financing and small-banking services firm BlueVine has raised a $102.5M Series F. BlueVine is a fintech startup focused specifically on the needs of SMB, providing both lines of credit and term loans of up to $250K).

Written by turbotodd

November 19, 2019 at 9:58 am

Brave New World

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Happy Monday. Bloomberg is reporting that Apple CEO Tim Cook made a “very compelling argument’
that Apple might lose its edge to Samsung because due to tariffs on Chinese goods. 

China’s apparently moving on, with The Verge reporting that Chinese smartphone makers Xiaomi, Oppo, and Vivo are collaborating on an AirDrop-style wireless file transfer protocol that will work between their devices with speeds of up to 20 MB/s. If you will, the Great Wireless Wall of China.

Also news on the crytocurrency front: Japanese e-commerce giant Rakuten has launched a crypto exchange for trading in bitcoin, ether, and bitcoin cash. And, Accenture is reporting that global fintech investments have dropped as Chinese fundraising has fallen sharply.

The U.S. remains the world’s biggest fintech market with $12.7B in first-half fundraising — such investments in China were at $820M, a huge fall from the $17.7B raised a year earlier.

Why the big drop? Increased U.S. scrutiny of foreign investments in the U.S., restrictions on Chinese firms’ access to U.S. tech, Huawei’s blacklisting, fears of a global recession and declining business capx investment (among others).

It’s a brave (and never boring) new world.

Written by turbotodd

August 19, 2019 at 10:34 am

Posted in 2019, apple, china, fintech

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