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Weekly#126

  • Deutsche Bank Exploring Blockchain UsesDeutsche Bank has shed new light on its exploration of blockchain technology, amid growing interest by financial institutions in the software that powers bitcoin.In its response to a European Securities and Markets Authority consultation on virtual currencies and distributed ledger technology, published by the regulator on July 30, the German bank revealed it has been exploring the potential commercial application of distributed ledgers in areas including the enforcement and clearing of derivatives contracts, know-your-customer and anti-money laundering registries and surveillance, and securities asset servicing. (WSJ)
  • Germany’s Adidas AG is placing a costly bet on catching up with its rivals in the digital fitness world, agreeing to pay €220 million ($239 million) for Runtastic GmbH, an Austrian fitness app maker. (WSJ)
  • MH370: France launches searches around Reunion (BBC)
  • Osborne Effect ?
    3-D Printer Firms Fall Flat, as Buyers Wait for New Models
    3D Systems, Stratasys struggle with an increasingly uncertain outlook (WSJ)
  • Google Inc and Samsung Electronics Co will release monthly security fixes for Android phones, a growing target for hackers, after the disclosure of a bug designed to attack the world’s most popular mobile operating system. (Reuters)
  • A Japanese engineer has developed a portable transporter small enough to be carried in a backpack that he says is the world’s first ‘car in a bag’. (Reuters)
  • The Richest People in Tech (Forbes)
  • Apple’s iOS 9: your device will automatically switch from WiFi to cellular data when the WiFi connection just doesn’t quite cut it. (Fortune)
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  • One of the first things Claure scrutinized closely in his first 90 days was Sprint’s 35,000-person call center operation. Agents recited dozens of rigid scripts for incident calls, whether or not they were relevant to the conversation. Why would someone try to sell a tablet computer to someone calling to report dropped calls, he mused. “We didn’t have a uniform process to handle similar calls.”Within weeks, Claure mandated simpler, more unified processes and took a personal interest in selecting the technology to run them. Ultimately, the project was entrusted to Pegasystems, the same software company overhauling customer engagement at American Express, HSBC, JPMorgan Chase, and United Health Group. (Fortune)

 

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