Binance, one of the world's largest cryptocurrency exchanges, and its former CEO, Changpeng Zhao (CZ), are being sued by FTX for a staggering $1. 8 billion. This legal battle comes after FTX filed a lawsuit claiming that Binance and CZ played a significant role in FTX's collapse last year. The lawsu
Taylor Swift’s recent appearance at a Kansas City Chiefs game has sparked a buzz, not just for her presence but for an unusual request made by her security team. Swift, who attended the game to support her boyfriend, Chiefs tight end Travis Kelce, was greeted by a crowd of photographers at Arrowhead
In Saskatchewan, where learning about treaties is a must for schools, a research team spent two years with elementary teachers. They used digital storytelling to make treaty history lively and interesting. The team included a teacher, a researcher, and a Cree knowledge keeper who shared their experi
Deep learning has made waves in various fields by handling complex data with ease. One such area is financial time-series prediction, specifically predicting stock price volatility. This involves forecasting if the prices will go up, down, or stay stable. Researchers have been digging into this for
Let's talk about a new way to figure out if a business idea is worth the money. This method brings together two important perspectives: the business model and the processes that make it happen. First, we use a tool called the Service-Dominant Business Model Radar. This tool helps us break down a bu
Ever wondered if your investment strategy is truly the best among many options? A clever test, called the intersection-union test, helps answer this question. This test compares the Sharpe ratio of your chosen investment strategy with others. Unlike other tests, it considers the fact that investment
Ever wondered how trading strategies are designed to never run out of cash? That’s where self-financing comes in! It’s a clever concept that blends math and money. Back in the late '70s, two smart guys, Harrison and Kreps, first introduced this idea. Later, Harrison and Pliska broadened it, making i
Ever wondered how British investments fared in Argentina and Uruguay from the late 1800s to the mid-1900s? The River Plate Trust Group, also known as Morris or Morrison, was a big player in this story. They controlled lots of public utilities and financial firms. Many people thought British investme
Sony Pictures Entertainment had a tough Q2, with profits dipping to $124 million. This is a slide of 39% from the same period last year. Adjusted operating income was also down, coming in at $218 million, a decrease of 26%. Revenue took a 14% hit, landing at $2. 385 billion. Why the drop? Fewer T
Nobel laureate Paul Krugman was not a fan of cryptocurrencies back in 2019. He saw their future as dim. But even he couldn't deny that cryptocurrencies are big players today. They've changed how we think about money and finance. Governments are watching closely, trying to keep up with these digital
