DriveWealth, LLC, a leader in global digital trading technology, today welcomes Minerva Tantoco to her new position as Chief Technology Officer at DriveWealth. In her new role, Tantoco will be responsible for developing and executing DriveWealth’s technology strategy and innovating on the company’s already industry-leading infrastructure to support the next generation of embedded finance solutions.
Tantoco brings over two decades of executive leadership and management expertise working with start-ups, large enterprises, and government organizations. Her leadership will help advance DriveWealth’s growth strategy and expansion into new products and partnerships. The company is currently scaling its technology team, looking to bring on at least 15 new engineers by end of year, and Tantoco will be an integral part of that growth.
“Our mission to democratize access to U.S. equities across the globe demands consistent investment in technology infrastructure and strategy,” says Bob Cortright, Founder and CEO of DriveWealth. “Minerva’s expertise at
Marqeta, the global modern card issuing platform, today released a report that examines how banks intend to change their strategies in response to the COVID-19 pandemic. According to the findings, COVID-19 has had a significant impact on almost all (96%) European banks, with over three-quarters (78%) planning to change their future banking strategy to adapt to changes in consumer behaviour, such as the accelerated adoption of digital banking services and cashless payments.
The study of 200 banking executives found that, as a result of growing demand for digital services, 80% of banks have accelerated their plans to digitally transform. Banks also predicted that digital transformation projects will need to be delivered in two-thirds (69%) of the time, with 89% saying that the COVID-19 pandemic has drastically increased the speed of change in banking from years to months. The study also found that:
The Plasmodium parasite, which transmits malaria to humans through infected mosquitos, triggers changes in human genes that alter the body’s adaptive immune response to malarial infections, according to a team of researchers at NYU Abu Dhabi (NYUAD). The findings could bring hope for novel therapeutic strategies and a vaccine to the hundreds of thousands of people who die annually from malaria, a preventable and curable disease, and another three billion people who are at risk of infection.
The NYUAD researchers, in collaboration with the Centre National de Recherche et de Formation sur le Paludisme in Burkina Faso, NYUAD Assistant Professor of Biology Youssef Idaghdour, Associate Scientist Mame Massar Dieng, and Aïssatou Diawara, studied the blood of children in rural Burkina Faso, West Africa, and have discovered a new immune evasion strategy used by the Plasmodium parasite.
In the paper titled Integrative genomic analysis reveals mechanisms of immune evasion in P.
German automotive brand Mercedes Benz has just announced a new strategic course that will focus on profitable growth in the luxury vehicle segment and target leadership in electric drive and car software.
“We intend to build the world’s most desirable cars. It’s about leveraging our strengths as a luxury brand to grow economic value and enhancing the mix and positioning of our product portfolio. We will unlock the full potential of our unique sub-brands – AMG, Maybach, G and EQ,” shares Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes Benz AG.
With regards to the new strategy that Mercedes Benz announced, Källenius comments: “With this new strategy we are announcing our clear commitment to the full electrification of our product portfolio and our determination to ensure the business is fully carbon-neutral, in line with our Ambition 2039 target.”
WASHINGTON — The Department of Defense is slated to release its counter-small unmanned aircraft systems strategy next month, bringing an open-system architecture and enterprise approach to the military’s capabilities.The Army-led Joint C-sUAS Office, or JCO, has worked to align current and future counter-drone technologies to support operational requirements at home and abroad, said Maj. Gen. Sean A. Gainey, the program’s director.The increased threat posed by drones, combined with a lack of dependable networked capabilities to counter the unmanned threat, has created a concerning “tactical development” within U.S. Central Command’s area of responsibility, Gainey said, paraphrasing a recent statement made by its commander.Classification of unmanned aircraft systems is divided into five category groups. The defense secretary appointed the Army as the executive agent for counter-small UAS groups one through three, said Col. Richard Wright, the JCO deputy director.These first three categories represent smaller, low-cost drones, whose rapid proliferation can threaten personnel
Warren Buffett’s Berkshire Hathaway has made surprise bets on Barrick Gold and Snowflake in recent months, clashing with the investor’s past warnings about gold, tech stocks, and IPOs.
Berkshire’s bosses may be pursuing smaller, more frequent investments and cashing in on corporate actions, Brian Gongol, a longtime Berkshire shareholder, told Business Insider.
“I wouldn’t be surprised if Buffett, Weschler, Combs, and Ajit Jain all got on the phone and had a talk where they decided to ‘think small’ with some fraction of the company’s cash pile,” Gongol said.
Buffett and his team also signaled Berkshire was “the best big investment they could find” when they spent $5.1 billion buying back stock in May and June, Gongol said.
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Warren Buffett’s Berkshire Hathaway stunned investors when it revealed a $560 million stake in Barrick Gold in August, and shocked them again with its $735 million
On my first day as CEO, I made a commitment to the growth of IBM. I stated that a maniacal focus on our open hybrid cloud platform and AI capabilities is key to this outcome. Day by day, product by product, project by project—we are dedicated to helping our clients unlock the immense value this represents.
Building on the solid foundation Ginni has put in place, we are focused on accelerating our growth strategy and seizing the $1 trillion hybrid cloud opportunity.
As we work toward this goal, two things are becoming increasingly clear. First, we’re seeing a tremendous increase in client demand for our capabilities and expertise. Second, we’re noticing that client buying needs for application and infrastructure services are diverging.
Because of this, we have decided that the managed infrastructure services business of our GTS segment will become
Woebot Health announced today it has appointed Monique Levy to the newly-created position of Chief Commercial and Strategy Officer. Reporting to CEO Michael Evers, Levy is responsible for the growth and commercial success of the company’s proprietary therapeutic portfolio and measurement technologies that are designed to improve mental health. The appointment rounds out the company’s executive team, which also includes Founder and President Alison Darcy, Chief Clinical Officer Athena Robinson and Chief Technology Officer Casey Sackett.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201008005171/en/
Monique Levy, Chief Commercial and Strategy Officer, Woebot Health (Photo: Business Wire)
Evers, who joined Woebot Health in March, said Levy’s formidable experience building businesses and innovating care and health will be instrumental to the company’s next stage of development. “Monique’s training in clinical psychology and experience across some of the world’s most innovative data, digital health and therapeutics businesses bring incredible value
Hosts Juliet Beauchamp and Ken Mingis talk with guests about the latest tech trends and news.
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Google recently announced its latest addition to its smartphone lineup, the Pixel 5. It comes with a lower price tag than previous Pixel phones and a new Google smartphone strategy. Computerworld executive editor Ken Mingis and Macworld and PCWorld senior writer Michael Simon join Juliet to discuss strategy, how it compares to Apple’s and Samsung’s strategies and what it means for the future of the Pixel and the smartphone landscape as a whole.
SAN ANTONIO, Oct. 01, 2020 (GLOBE NEWSWIRE) — Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, will co-sponsor The New Cybersecurity Landscape virtual event with Armor® on October 7th at 10:00 am CT as part of the company’s Solve Strategy Series. From Zoom bombing to account takeovers, through access mining and phishing, the event will shed light on emerging security threats and empower viewers with practical ideas on how to build a safer future.
Keren Elazari, TED speaker, security analyst, and friendly hacker, will deliver a keynote on how security challenges have changed in the age of COVID-19. She will then be joined by cybersecurity experts from Plus500™, Armor, and Rackspace Technology for a panel discussion on what has changed in the cybersecurity landscape and what businesses must do to adapt.
“This pandemic has been a renaissance for bad actors in the cybersecurity space,” said
