Blockchain Technology Is Evolving Exponentially

A Cambridge research report published by Invesco Ltd. (NYSE: IVZ) explains how blockchain technology has become more and more institutional to the benefit of end-users.

The blockchain industry has evolved exponentially over the past 18 months, thanks largely to its ability to transform the archive and digital asset management across organizations, which has generated plenty of opportunities for investors. That is what emerges from the report “Hyper Real: An Overview Of Global Blockchain Industry Trends”, written by Keith Bar and Michel Rauchs, respectively Fellow and Research Affiliate of the Cambridge Judge Business School’s Center for Alternative Finance, and published by Invesco.

Business Technology Is Evolving: The report examines in detail the industry developments and key trends that are shaping the long-term trajectory of blockchain, and highlights four main phenomena. First of all, business technology is evolving, according to the analysis. As a matter of fact, organizations have begun to

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Global deal making soars to almost $700 billion so far this year

Companies across the globe clinched almost $700 billion worth of mergers and acquisitions during the first two months of the year, as consolidation in the technology sector fueled a surge in deal activity.

In February alone, deals totaling $405.3 billion were announced globally, an increase of 45% compared with the same month last year, according to data from Refinitiv. That is the highest February on record since the financial data provider’s records began in the 1970s.

The burst of activity takes the value of M&A announced so far this year to $698.7 billion, 56% more than the same period last year and a year-to-date total only exceeded twice before, in the years 2000 — at the peak of the dot-com boom — and in 2018.

Read: Surge in megadeals points to M&A recovery as tech sector dominates

The technology sector dominated global deal activity for the seventh month in a

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Oracle, Walmart To Invest In TikTok Global After Trump’s Approval

Oracle (ORCL) and Walmart have issued a joint statement confirming their plans to snap up a minority stake in TikTok’s U.S. business. Oracle will acquire a 12.5% stake in TikTok Global, while Walmart will take a 7.5% interest.

The move came after President Donald Trump approved the deal “in concept” on Saturday. The President has also announced that TikTok’s Chinese parent ByteDance “has received tentative approval for an agreement with the U.S. Government to resolve the outstanding issues.”

To facilitate the deal, TikTok is creating a new company called TikTok Global, as the Trump administration was concerned about TikTok’s Chinese ownership and therefore demanded that TikTok’s Chinese parent, ByteDance, divests its U.S. operations to America.

TikTok Global will be an independent American company and will be majority owned by American investors. The new company also has plans to bring 25,000 jobs across the country. (See ORCL

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College Of New Orleans Computer Science Scholarship, And More Metro School Information

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Steven Frumkin, Dean of FIT’s Jay and Patty Baker School of Business and Technology, Dies

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Steven Frumkin, dean of the Jay and Patty Baker School of Business and Technology at the Fashion Institute of Technology, died Thursday in Miami. The cause was COVID-19. 

“With Dean Frumkin’s passing, we have lost a most valuable member of our community,” said FIT’s president, Dr. Joyce F. Brown. “Through his leadership, he not only earned the trust, affection, and respect of faculty, staff, and students, but also shaped the future of his school.”

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Frumkin led the Baker School, FIT’s largest, for eight years since 2002. His appointment marked a return to FIT for Frumkin, who was an adjunct assistant professor in the colleges Textile Development and Marketing program from 1994 to 2000.

As dean, he was the force behind the accreditation of the majority of the school’s programs by the Accreditation Council for Business Schools and Programs,

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