Temenos seals £1.4bn Fidessa acquisition
( Capital.com) As expected, Swiss banking software company Temenos has agreed with the board of Fidessa Group to buy the UK financial software specialist for around £1.4bn. Capital.
Hedge Funds Turn Short on Tech Just as Stock Rally Intensifies
( Yahoo Finance) A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, according to weekly data compiled by the Commodity Futures Trading Commission through Feb. 13.
Veem Announces First Round of API Partners
( PR Web) The first companies to use the API demonstrate just that by integrating with accounting software, hiring platforms and even virtual reality companies.
A1 launches online portal for business clients
( Telecompaper) .. as software and infrastructure, from any device. Zoho Desk, a helpdesk tool for client assistance and administration; Zoho CRM Plus, a complete CRM Suite for optimal care for potential and existing clients; Zoho Finance Plus ..
BlackRock bulks up research into artificial intelligence
( Financial Times) … with $6.3tn of assets under management, is establishing a “BlackRock Lab for Artificial Intelligence” in Palo Alto, California, according to an internal memo seen by the Financial Times.
Development/Construction Accountant
( Charlotte Agenda) Acts as a liaison between the accounting department and the development/ construction division – resolving problems and answering questions.
HCL Technologies’s risky bets
( Livemint) One analyst estimates that the company is not generating enough business from these IP assets, and for this reason, HCL Technologies could possibly have to write down the value of some of these assets in the future. The accounting norm boosts the company’s profitability in the near term, analysts say.
