Tag Archives: technology

How Technology Pushes Societies Forward

Society is constantly being pushed forward by technology. Technology is shaping society in ways that were unthought of just a few decades ago. Advances in means of communication allow more people to share a larger amount of information in a shorter amount of time. This means that the advantage that people make are incremental in nature. The level of advancement ... Read More »

Bizarre computer glitch sends technology stocks all crashing to same price

Amazon’s shares briefly fell by 87 per cent on some data providers CREDIT: AP Abizarre computer glitch sent shares in dozens of US technology companies including Apple, Amazon and Microsoft to the same price on Tuesday morning, leading some to apparently lose billions in market value. The bug showed many stocks on the Nasdaq exchange to briefly be reported as $123.47 on ... Read More »

Dow halts 4-session skid, but Nasdaq slumps as technology stocks stumble

The Dow industrials on Monday ended a string of daily losses at four, but the Nasdaq Composite faltered, putting pressure on the broader market. The Dow Jones Industrial Average DJIA, +0.07%  rose 14.79 points, or less than 0.1%, at 21,409.55. The Nasdaq Composite Index COMP, -0.29%  shed 18.10 points, or 0.2%, to 6,251 as Apple Inc. AAPL, -0.31%  dropped 0.3%, ... Read More »

Fintech vs techfin — technology incarnations vs finance incumbents

A bird’s eye view of the growing role that technology plays in financial transactions brings out an overt dichotomy: that between technology companies jumping into the financial domain with full vigour — fintech — and financial companies having to adapt to the technology wave — techfin.  Chris Skinner, an independent financial technology analyst, identified the difference between fintech and techfin ... Read More »