South Africa’s largest banks will start issuing a new class of loss-absorbing debt, known as financial loss absorbing capacity (flac) instruments, from January, Moody’s Ratings reports. Designed to enable the orderly resolution of struggling banks, these instruments can convert to equity in a “bail-in” scenario, avoiding taxpayer bailouts. The central bank estimates that the top
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Trump’s tariff plan could drive up prices, experts warn
In the upcoming November election, Donald Trump’s proposed tariff hikes could mirror the inflationary effects seen during his previous term, experts warn. If re-elected, Trump’s plan for blanket tariffs could drive up cargo rates and consumer prices, echoing past disruptions in shipping and retail sectors. Critics, including Democratic Vice President Kamala Harris, argue these tariffs
Salesforce unveils Agentforce to help create autonomous AI bots
The CRM giant’s new low-code suite enables enterprises to build AI agents that can reason for themselves when completing sales, service, marketing, and commerce tasks. Salesforce today released Agentforce, a new suite of low-code tools aimed at helping enterprises build autonomous AI agents for sales, service, marketing, and commerce use cases. Agentforce, which has been
Zoho adds AI and ML capabilities in Zoho Analytics 6.0
News Sep 12, 2024 5 mins Business Intelligence and Analytics Software Generative AI The new version offers a custom ML model-building studio, OpenAI integration, and more data connectors. Zoho has updated Zoho Analytics to add artificial intelligence to the product and enables customers create custom machine-learning models using its new Data Science and Machine Learning
Research: For Influencers, Showing Your Inner Circle Can Boost Engagement
Observations from three experiments and a review of more than 55,000 Instagram posts. September 12, 2024 Xavier Lorenzo/Getty Images Post Post Share Annotate Save Print Influencer marketing is a billion-dollar industry, and its recent meteoric rise has sparked curiosity about which factors makes some influencer posts more popular than others. In a new paper, researchers
To Build Resilience, CEOs Need to Become Supply-Chain Experts
ollo/Getty Images In the past, awareness and engagement of the supply-chain function was the key expectation for CEOs. But in the wake of a series of global events, including the Covid-19 pandemic, Russia’s invasion of Ukraine, and disruptions in the Middle East and the Panama Canal, is it now time for CEOs to be supply-chain-management
EToro Settles With the SEC: Industry Lawyers React
Trading platform eToro agreed Thursday to settle charges with the U.S. Securities and Exchange Commission that it operated as an unregistered broker and clearing agency and that it facilitated trading in some crypto assets that are securities. The agreement sees eToro paying a $1.5 million fine and means the company will be limited to trading
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year
A federal judge on Thursday threatened former FTX executive Ryan Salame with sanctions. Salame admitted to lying to the judge about persecutors not making promises to him as part of his plea deal last year. The judge said he would need time to consider next steps on the matter but told Salame he will have
Analyst Predicts Cosmos (ATOM) and Solana (SOL) Will Trail Behind RCO Finance, RCOF Targets 100x Returns
An analyst’s recent assertion that Cosmos (ATOM) and Solana (SOL) will not be able to match RCO Finance’s (RCOF) market performance has sparked intense discussion within the crypto community. With significant interest in its presale, this new DeFi crypto is positioned to deliver extraordinary returns of 100x potentially. Let’s explore the rationale behind this confident
New AI-Powered Trading Platform, IntelMarkets, Seeks To Rival Binance, Whale Accumulates Solana (SOL)
Binance has introduced a new tokenomics data feature on its trading platform. The aim is to provide traders with information about token unlocks, which could affect digital currencies. In other news, a whale just bought 34,807 Solana (SOL) tokens in one transaction. Meanwhile, IntelMarkets will be launching an AI-powered crypto trading platform in the coming