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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Financial authorities and lawmakers in Abu Dhabi, Saudi Arabia and the United Arab Emirates (UAE) quickly followed Dubai’s lead as consumers and merchants headed online. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

Banking 70
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Facebook Tracker: Feature Growth

PYMNTS

The first uses Lumos, Facebook’s image and video understanding, machine learning platform, to enable image search by content rather than relying on text or tags. Canada, Australia, New Zealand, India and Saudi Arabia, with plans to expand worldwide and to facilitate disaster aid for additional types of incidents.

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The Difference Makers: Key Person(s) Valuation

Musings on Markets

From Alfred Sloan at General Motors to Jack Welch at General Electric to Steve Jobs at Apple, there is a history of CEOs being tagged as superstars (and indispensable to the organizations that they head), in successful companies. To illustrate, consider two companies at opposite ends of the spectrum.

Valuation 113
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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

You can put those tags in there but still take a professionally managed strategy… RITHOLTZ: Right. JOHNSON: So if you have a client who says, I really want to, my daughter will say, I really want things that are pushing towards net-zero on carbon. So she wants her portfolio managed that way. JOHNSON: And express it through that technology.

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Tesla, Slack Show Lure Of Non-Public Funding Amid High Mkt Valuations

PYMNTS

As the world knows, Elon Musk sent a short missive – over Twitter, where all the missives are short – that he was considering a go-private deal, with an attendant price tag of about $72 billion, or at $420 a share, where the stock ended last Monday at around $356.

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Transcript: Robert Koenigsberger

Barry Ritholtz

Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. KOENIGSBERGER: So more than Saudi Arabia. So now we know that, you know, Saudi Aramco has done an IPO. KOENIGSBERGER: That’s right. So one example that was a lot of fun, I think, was ‘89 or ’90. RITHOLTZ: Wow.