A former Goldman Sachs Group Inc. executive is emerging as a crucial asset for China’s homegrown ride-hailing service in its fundraising battle against Uber Technologies Inc. Jean Liu, president of Didi Kuaidi Joint Co., has established...Show More Summary
On Tuesday, San Francisco-based Shift, one of a handful of startups hoping to make the process of buying and selling used cars easier by using online technology, announced it had raised $50 million in a round led by Goldman Sachs Investment Partners.
Goldman Sachs Group Inc. is building up its digital workforce in Poland as information technology becomes more important to its operations. "The expansion will be realized in a phased approach over... To view the full story, click the title link.
WARSAW (Reuters) - Goldman Sachs said on Thursday it will hire "several hundred" employees for its Warsaw-based technology and operations units over the next three years. "In a strategic decision, the firm will now expand its footprint in Warsaw. Show More Summary
Goldman Sachs is going the way of Google and Facebook. The investment bank is giving away some of its trading technology to clients through open source software, according to The Wall Street Journal. That means it is free and available...Show More Summary
Earthport, the cloud-based payment platform run by Goldman Sach's former co-COO of technology, Hank Uberoi, put out unaudited results for the year to June on Wednesday — and they're pretty good. The London-based company's revenue jumped 78% last year to £19.25 million ($30 million). Show More Summary
Falling technology costs and layoffs during the financial crisis created a boom in financial startups after 2008, but increasingly workers are willingly leaving top firms to join the world of financial technology, or fintech. Goldman...Show More Summary
The S.E.C. says the 2013 erroneous trading highlights the need for Wall Street firms to maintain better systems to prevent technological glitches that can roil markets.
At the Goldman Sachs Technology and Internet conference in 2013, an attendee asked Tim Cook to explain why Apple products are expensive. Cook said that Apple did not want to sacrifice quality for price. Apple’s product prices have become competitive lately, but you can still save money by purchasing from [...]
If technology is really enabling more production with fewer workers, and if the number of workers is growing, then the economy's capabilities ought to be booming. Yet when economists attempt to measure this, they find a deep productivity slump.
A month before Sarvshreshth Gupta died, he tried to quit his job as an analyst on one of Goldman Sachs Group’s most prestigious investment-banking teams. During a flurry of technology deals early this year, working until 5 a.m. had become...Show More Summary
The investment bank, eager to court technology businesses while a boom is luring billions of investor dollars, held its annual meeting in San Francisco.
Goldman Sachs has the worst reputation of any major American company. Upstate New York-based grocery chain Wegmans is the most highly-regarded company. Also notably, Samsung surpassed Apple this year as the technology company with the...Show More Summary
Goldman Sachs announced in an internal memo that Harit Talwar, formerly at Discover Financial, will help lead an effort to use new technologies to expand customer and small-business segments.
When we are just getting used to Twitter and Facebook, Email and SPAM, along comes "The Internet of Everything" (IoE) where everything -- well almost everything -- is connected to everything else. Goldman Sachs calls it the 3rd wave, and points out that while: The 1990s' fixed Internet wave connected 1 billion users... Show More Summary
Former Goldman Sachs Group Inc. programmer Sergey Aleynikov was found guilty in the high-frequency trading code theft case that illustrated the difficulty of using existing law to protect technology... To view the full story, click the title link.
Spotify has raised $350 million, sources tell CNBC. Goldman Sachs participated in the new funding. Previously, Spotify has raised $537.8 million from investors including Kleiner Perkins, Fidelity Ventures, and Technology Crossover Ventures. Show More Summary
Goldman Sachs has an excellent infographic/report on millennials (born 1980 to 2000). They describe Millennials as: Millennials have come of age during a time of technological change, globalization and economic disruption. That’s given them a different set of behaviors and...
Apple CEO Tim Cook thinks the Apple Watch will do for smartwatches what the iPod did for MP3 players, as he recently said at Goldman Sach's Technology and Internet Conference. In other words, he thinks it'll be the first smartwatch mass consumers will really be interested in, and it seems like some brands may be agreeing with him. Show More Summary
Twitter CEO Dick Costolo spoke at the Goldman Sachs technology conference earlier this week and reiterated much of what he had laid out at Twitter's financial analyst day in November (to the irritation of some in the audience, hoping...Show More Summary