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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

To you, manage your interest rate risk. The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

in losses, declare bankruptcy at Westinghouse, and eventually to sell the Westinghouse unit to Brookfield Asset Management. That skyrocketing popularity is likely what made Rupert Murdoch’s News Corp think it was worth spending $580M to acquire the social network. Date: September 3, 2001. Toshiba was forced to write off $6.3B

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What Every Banker Needs to Know Today About Artificial Intelligence

Gonzobanker

If you just thought of HAL in 2001: Space Odyssey telling Dave he was getting pissed, you’re there! It will be used well because management teams get involved and guide it. In this discussion, we are going refer to this machine learning powered artificial intelligence as simply intelligent algorithms. Avoid the “Road to Nowhere.”

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EMV Chip Cards: It’s Time to Educate Your Small Business Customers

Banking 2020

3D Secure systems, namely Verified by Visa, MasterCard SecureCode and American Express SafeKey, have been around since 2001. In contrast, fraud scoring systems determine the risk level by rating each sale using technologies that track IP origin and proxy detection, as well as mine social media and customer history.

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Tech Cos Making M&A Deals Amid Pandemic

PYMNTS

billion deal for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Last month, Facebook closed a $5.7

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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

eVilla, Sony (2001). It was reportedly lemon lime flavored and astoundingly managed to stay in production until 2008 when it was discontinued in the US. Aztek, Pontiac (2001). Wave was an ambitious platform designed to keep people connected as a combination text and social media platform. Segway, Segway Inc.

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

It wouldn’t be until almost exactly one year later that investors really started flocking to the early social media startup. He positioned himself on both sides of the Groupon deal through various privately-owned investment vehicles and management roles. round, which put Facebook’s valuation at $468M. of the company.

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