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The global e-commerce battlefield: Alibaba’s AliExpress expands amidst U.S.-China trade tensions

Dataconomy

Furthermore, AliExpress’ expansion into the United States market with its “five-day delivery” service highlights its ambition to capture a larger share of the world’s largest economy, amidst rising concerns raised by U.S. Treasury Secretary Janet L. Yellen regarding a potential flood of cheap Chinese goods.

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Guess who is back to OpenAI

Dataconomy

Treasury Secretary Larry Summers, and Quora founder Adam D’Angelo. i love openai, and everything i’ve done over the past few days has been in service of keeping this team and its mission together. The reshaped board now boasts notable figures such as former Salesforce CEO Bret Taylor, ex-U.S.

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Delivering security and scalability in today’s business landscape requires more than setting up a front line of defense

IBM Journey to AI blog

The data security capabilities that are provided by IBM Cloud® Hyper Protect Crypto Services help clients on their confidential computing journey by providing complete control of cloud data encryption keys and cloud hardware security modules. It also offers the industry’s only Keep Your Own Key (KYOK) for data encryption at rest.

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How Did Authorities Identify the Alleged Lockbit Boss?

Hacker News

Federal investigators say Khoroshev ran LockBit as a “ ransomware-as-a-service ” operation, wherein he kept 20 percent of any ransom amount paid by a victim organization infected with his code, with the remaining 80 percent of the payment going to LockBit affiliates responsible for spreading the malware. The code is written in C.”

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PayPal stablecoin explained: Paypal USD (PYUSD)

Dataconomy

Learn more [link] pic.twitter.com/53ur2KmjU7 — PayPal (@PayPal) August 7, 2023 It is issued by Paxos Trust business, a fully licensed limited-purpose trust business subject to New York State Department of Financial Services regulatory scrutiny. PayPal USD can be bought or traded at a rate of $1.00 per PayPal USD through PayPal.

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Customers and Banks Priorities Collide as AI Jolts Financial Industry

Smart Data Collective

This time, I will focus on the financial services industry based on previous IBM studies in this industry and some personal experiences. Big Data’s promise of value in the financial services industry is particularly differentiating. They are struggling to provide better customer service to their customers.

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Modern Treasury (YC S18) Is Hiring an Enterprise PM

Hacker News

OVERVIEW Modern Treasury is hiring a Product Manager to own enterprise scalability and reliability initiatives across our products. You will work with Modern Treasury’s biggest customers as they use the platform to move billions of dollars a month. ABOUT MODERN TREASURY Modern Treasury is the operating system for money movement.

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