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
Venture capitalist Bill Gurley had a warning for tech investors at the Goldman Sachs Technology and Internet conference on Thursday. He thinks that private tech companies with unrealistic, sky-high valuations aren't being properly audited. Show More Summary
Apple can now cure cancer, sort of. New product The Apple Watch has been presented by chief executive Tim Cook with health as its key selling points. At the Goldman Sachs Technology and Internet Conference, Cook was interviewed about the upcoming smartwatch’s features. Show More Summary
Can Twitter achieve its lofty 10-year goal of becoming a $14 billion business? At the Goldman Sachs Technology and Internet Conference in San Francisco on Wednesday, Twitter CEO Dick Costolo contended it could be, reiterating the elements...Show More Summary
Twitter CEO Dick Costolo just finished speaking at the Goldman Sachs technology conference in San Francisco, and he said that he's spending a lot of time instilling proper management practices into his leadership team. It's particularly important because a lot of these employees are young, and have only had one other job. Show More Summary
As I mentioned earlier, Apple (AAPL) CEO Tim Cook appeared yesterday at the Goldman Sachs technology conference in San Francisco, being interviewed by Goldman’s president, Gary Cohn. Bill Shope, the Goldman analyst following Apple, who introduced Cohn and Cook, writes today that he came away encouraged about his Buy rating on Apple stock, and $130 price target. Apple shares [...]