In Blow to Tech Industry, Trump Shelves Start-Up Immigrant Rule

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nytimes.com
– By NICK WINGFIELD

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The International Entrepreneur Rule, which was set to go into effect next week, is being delayed — and probably eliminated down the line.

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@levie: It’s cool that the tech industry meetings with the new administration are resulting in real progress for innovation. nyti.ms/2u235qk

11.07.2017 05.55.05

@lum: The 44 immigrant-founded billion-dollar startups in the US have created an avg of 760 American jobs per company http://nyti.ms/2uL9SlH;

11.07.2017 02.58.32

@SteveCase: Trump Shelves Startup Immigrant Rule nyti.ms/2uL0vTm "Big mistake. Immigrant entrepreneurs are job makers,… http://twitter.com/i/web/status/8…

11.07.2017 02.30.01

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Vía All News on ‘The Twitter Times: Muzaffar69/corpgov’ http://nyti.ms/2uL8W0X

Pictures of the Day: 27 May 2017

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May 27, 2017 at 11:43AM

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from

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DirecTV Now already losing subscribers

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DirecTV Now is already losing subscribers less than six months after the launch! Yahoo Finance’s Alexis Christoforous, Dan Roberts, and Myles Udland discuss the impact on the future of subscription television streaming.

May 27, 2017 at 11:36AM

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Why studying porn is like taking a cold shower | Eva Wiseman

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There is an ever-growing number of reports and studies on pornography. But is this obsession just another way of consuming it?

It is almost impossible to talk about pornography without wading into a swamp of controversy. Facts are not neutral, the politics are contradictory and, if you suspend judgment altogether, it often reads as silently taking a side. And still, we try. Good old us.

Last month’s Goop was The Sex Issue. If you browsed through pieces on the ethics of porn and one titled “Reality Check: Anal Sex” you found yourself in Gwyneth’s “Get It On Shop” where you could spend $885 on a pair of silver “benwa balls” to “strengthen your kegels and have a better orgasm all at once”, and $20 on individual sachets of “sex dust”. Goop sex is mindful, artisanal, aspirational and typically expensive. If US shipping costs put you off I have a good recipe for sex dust you can make at home that simply requires a swab from the underside of the far booth in the Brighton All Bar One, and some finely ground turmeric.

Continue reading…

May 07, 2017 at 11:04AM

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from Eva Wiseman

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The ‘doff your hat to PM May’ election

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All elections eventually appear to have a theme. In the current election an early front runner, that looks as though it will be the foundation for the entire Tory approach, is a very simple one. It’s that we, the electorate, are being asked to doff our hats as a sign of respect to Prime Minister May when entering the polling booth and not have the temerity to ask what she might want to do with the power that will give her.

As an exercise in arrogance this is staggering.

What it says about society is as worrying, because people appear willing to do this.

Have we really returned to the point where most people are willing to accept that they have no right to question but must simply acquiesce with the whim of those with wealth-based authority?

And if so, what does this imply for the future?

In fact, is there a future to consider when all change is dependent upon the willingness to challenge those in current authority?

And was Marx wrong? Is pro-Tory Daily Mail propaganda the actual opiate of the masses?

May 01, 2017 at 11:26AM

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from Richard Murphy

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Classic US Coins – Is the Vintage Commemorative Coin Market Sunk?

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The focus here is on silver commemoratives. One Dollar Gold commemoratives were the topic of a previous article. Most surviving vintage commemoratives are silver, and these appeal to a much broader audience than vintage gold commemoratives, which often …

The post Classic US Coins – Is the Vintage Commemorative Coin Market Sunk? appeared first on ForexTV.

May 01, 2017 at 11:27AM

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from Silver News Editor

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Melbourne forex startup Airwallex raises US$13 million Series A to expand overseas

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Melbourne-based fintech startup Airwallex has announced that it has closed a US$13 million (AU$17.3 million) Series A round from Chinese internet company Tencent Holdings, Sequoia Capital China and Mastercard to help fuel the release of new application programming interfaces (API) and expand internationally.

For Sequoia Capital China, one of China’s earliest investment companies, the investment marks the first contributions for the firm in an Australian startup, with Sequoia Partner, Steven Ji, saying the payment solution “seriously” impressed the company.

“Foreign exchange transactions pose a real challenge for businesses that operate across borders, and Airwallex’s solution has seriously impressed us in its ability to close the gap and allow companies to financially access markets that may have previously been out of reach,” he said.

Using a peer to peer algorithmic engine, big data analytics and quantitative models that predict currency volatility plus auto-hedge conversions, the Airwallex platform allows its users to send transparent cross-border transactions while avoiding inflated fees and margins.

The startup was formed in 2015, participating in the Mastercard Start Path accelerator program before officially launching last year and closing a AU$4.5 million pre-Series A round led by Gobi Partners.

Now, with the Series A backing, the startup is looking to accelerate the release of a new series of APIs that will allow businesses to process international payments at a larger scale.

Airwallex cofounder and CEO, Jack Zhang, said the startup will look to move alongside the rise of cross-border transactions, as international trade continous to grow.

“Our mission is to eradicate the burden of international payments so that businesses can transact across borders with ease. Armed with a growing number of financial services licences and partnerships across numerous jurisdictions, we aim to make international payments as cheap and simple as domestic payments,” said Zhang.

Fintech Australia CEO, Danielle Szetho, said the Airwallex funding announcement was “further evidence” that Australian fintechs are globally competitive and holding an increasingly strong footing within Asia and China.

A report from Deloitte last month ranked Sydney eighth out of 44 global fintech hubs and highlighted the work of the fintech community across Australia, in particular its efforts to engage with Asia.

The government early last year launched an expert advisory group tasked with developing Australia into the leading market for fintech in the Asia Pacific region, while Sydney fintech hub Stone and Chalk in September welcomed three Chinese startups to the coworking space for three months as part of an ‘incubation exchange’ program.

Image: Airwallex Team. Source: Supplied.

Related posts:

Melbourne forex startup Airwallex raises $4.5 million pre-Series A round from Asian investors

NAB Ventures leads US$24 million Series B round for US forex startup Veem

Perth healthtech HealthEngine closes $26.7 million Series C round to expand team and products

May 01, 2017 at 10:12AM

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from James Ward

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USD/JPY Rally Stalls at February Low

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-The Q2 USD/JPY forecast has called the low so far. That forecast remarked that “108.30/81 intersects with the developing channel from the January high in mid-April. The channel is important because if the decline from January is corrective then price …

The post USD/JPY Rally Stalls at February Low appeared first on ForexTV.

April 30, 2017 at 11:33AM

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from JPY Editor

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Launching our company in less than 2 weeks. What should I do to prepare?

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We’ve been working on this for several months and all of the pieces are almost together. We have quite a few clients that are excited to use our software.

What should I do to prepare myself and my team?

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April 30, 2017 at 10:18AM

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from /u/beatenpathsbro

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USD/JPY advances to highs near 111.50

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The Japanese yen stays on the defensive at the end of the week, with USD/JPY now inching higher to the mid-111.00s, or daily highs. USD/JPY attention to US data The pair is moving higher in tandem with yields in the US money markets, which continue to …

The post USD/JPY advances to highs near 111.50 appeared first on ForexTV.

April 30, 2017 at 11:33AM

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from JPY Editor

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Aussie Snaps Back Ahead of RBA Minutes, EUR/USD Holds April Range

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-AUD/USD Snaps Back on Strong Australia Employment, Widening China Trade Surplus. -EUR/USD Holds Monthly Opening Range Ahead of Easter Holiday. AUD/USD Daily Chart – Created Using Trading View Make Sure to Check Out the DailyFX Guides for Additional …

The post Aussie Snaps Back Ahead of RBA Minutes, EUR/USD Holds April Range appeared first on ForexTV.

April 16, 2017 at 10:50AM

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from EUR Editor

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EUR/USD Bearish Divergence Creates Bullish Break above 1.06

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The EUR/USD is finally breaking above the resistance trend line (dotted red) after having built divergence between the bottoms (purple line). This bullish breakout could spark a retracement within wave 2 vs 1 (green). The EUR/USD built a corrective ABC …

The post EUR/USD Bearish Divergence Creates Bullish Break above 1.06 appeared first on ForexTV.

April 16, 2017 at 10:50AM

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from EUR Editor

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