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Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th

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This Cybersecurity CTO Shares 5 Tips To Better Protect Your Customers

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin By Satta Sarmah Hightower Identity theft can upend someone’s life, both financially and emotionally. It’s a reality facing customers daily. Someone becomes a victim of identity theft every four seconds , reports the National Council on Identity Theft Protection. With increasingly sophisticated cybersecurity threats on the rise, companies have a responsibility to protect their consumers—and a big opportunity to deepen trust and loyalty if they get it right. To help businesses navigate this, we talked to Erik Nienaber, CTO and head of product at Iris Powered by Generali , a leading provider of identity and personal cyber protection solutions for businesses to offer to their customers. Below, he shares five tips to help companies bolster identity protection efforts and ultimately enrich the customer experience, build trust and boost business outcomes. 1. Assess Your Plan What’s your company’s approach to … [Read more...] about This Cybersecurity CTO Shares 5 Tips To Better Protect Your Customers

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In Healthcare’s Game Of Monopoly, One Player Will Control The Board

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin In healthcare, as in life, people devote a lot of time and attention to the way things should be. They’d be better off focusing on what actually could be. As an example, 57% to 70% of American voters believe our nation “should” adopt a single-payer healthcare system like Medicare For All. Likewise, public health advocates insist that more of the nation’s $4 trillion healthcare budget “should” be spent on combating the social determinants of health: things like housing insecurity, low-wage jobs and other socioeconomic stresses. Neither of these ideas will happen, nor will dozens of positive healthcare solutions that “should” happen. When the things that should happen don’t, there’s always a reason. In healthcare, the biggest roadblock to change is what I call the conglomerate of monopolies , which includes hospitals , drug companies , private-equity-staked physicians and commercial health insurers . These … [Read more...] about In Healthcare’s Game Of Monopoly, One Player Will Control The Board

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Prevent Costly Procurement Disasters: 6 Science-Backed Techniques For Bias-Free Decision Making

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, it may lead to a procurement bid protest. The Government Accountability Office (GAO) put out a report in 2017, which found that a “flawed selection decision” was one of the top four reasons for successful bid protests - and over 22% of bid protests succeeded that year. So how should procurement officials protect their procurement selection process from bias? Doing so requires a basic grasp of behavioral science research on cognitive biases and how to defeat them . What Do Lawyers Working on Bid Protests Say About Bias? In 2021, the US Congress commissioned a bid protest study at the Defense Department referencing the work of Dr. Christopher Yukins , a professor of procurement law at the George Washington … [Read more...] about Prevent Costly Procurement Disasters: 6 Science-Backed Techniques For Bias-Free Decision Making

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CVS To Close Signify Health Deal, Launching A National In-Home Care Business

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin CVS Health Monday said it will close its $8 billion acquisition of Signify Health later this week, bringing the drugstore giant in-home medical services from a national network of clinicians. CVS “expects to complete its acquisition of Signify Health on or around March 29, 2023, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement,” the company said. In buying Signify Health, CVS Health will add to its growing menu of healthcare services that includes more than 9,000 retail drugstores, 1,100 MinuteClinics staffed by nurse practitioners and the nation’s third largest health insurer, Aetna. Meanwhile, CVS has an array of outpatient expansions in the works including its proposed acquisition of Oak Street Health , an operator of senior health centers, and creating in-store HealthHubs with hundreds of new over-the-counter items and new healthcare services. … [Read more...] about CVS To Close Signify Health Deal, Launching A National In-Home Care Business

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Financial Planning For A Divorce

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the assets. Generally, couples split the value of their assets 50-50 (though not always). But that doesn't mean the actual assets are just split down the middle, and some assets are much more favorable from a tax perspective than others. Once the divorce is finalized, a crucial (but often overlooked) part of the process is updating estate documents and beneficiary designations. Here are some key considerations when financial planning for a divorce. Money and divorce This article solely focuses on some of the general financial planning aspects of divorce and is not personal legal, tax, accounting, or financial advice. When getting a divorce, it's important to assemble your team of professionals. During the divorce, your attorney is the star quarterback. … [Read more...] about Financial Planning For A Divorce

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Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job

August 8, 2022 by www.forbes.com

Share to Twitter Share to Linkedin Michael Saylor’s new job looks a lot like his old job: adding bitcoin to the balance sheet of his business-software company with religious fervor. “I'm a bitcoin maximalist, I happen to believe that bitcoin is an instrument of economic empowerment, it'll be beneficial to eight billion people,” Saylor told Forbes in an interview. “I also happen to believe that bitcoin is unique,” he continues, because of “the Immaculate Conception, decentralization, and its commodity status. All of these things make it the superior asset in the space.” The Immaculate Conception he means is the founding of bitcoin, as explained in a 2008 white paper by one or more people using the name Satoshi Nakamoto. Saylor stated that bitcoin is the only crypto asset which is truly decentralized and without an issuer. He backs bitcoin as a corporate investment in part because he believes there is regulatory agreement among U.S. regulators that bitcoin … [Read more...] about Bitcoin ‘Maximalist’ Saylor Makes Crypto His Only Job

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MicroStrategy Sticks With Long-Term Bitcoin Strategy But Uses Short-Term Sale For Tax Benefit

January 5, 2023 by www.forbes.com

Share to Twitter Share to Linkedin MicroStrategy MSTR , the business-software company that has a thing for bitcoin still loves the cryptocurrency even though it sold some for tax purposes last month, employing a tactic that could help other long-term fans ease the pain from the asset’s months-long slide. As part of a flurry of late-year transactions, MicroStrategy sold about 704 bitcoins at an average price of $16,776 on December 22, the first time the company had divested any holdings of the leading cryptocurrency. But that followed purchases of about 2,395 tokens for about $17,871 each from November 1-December 21. The company said in an SEC filing that it planned to use losses generated by the sale to diminish previous capital gains, which could result in tax benefits. It also said it turned around and bought 810 bitcoins on December 22 at about $16,485 each, meaning MicroStrategy had a net increase of about 2,501 in its bitcoin hoard since the … [Read more...] about MicroStrategy Sticks With Long-Term Bitcoin Strategy But Uses Short-Term Sale For Tax Benefit

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Winners And Losers Reveal The Market’s Flavor This Year: Nvidia Is Up, Pfizer Is Down

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin You can understand a lot about this year’s stock market by looking at the winners and losers among the nation’s biggest stocks. Among the 167 stocks with a market value of $100 billion or more, the best performers this year are: · Nvidia (NVDA), up 83%. · Meta Platforms (META), up 71%. · Tesla (TSLA), up 55%. The worst performers are: · Pfizer PFE , down 21% · Bank of America BAC , down 19%. · ConocoPhillips COP , down 16%. Underdogs As if often the case, I’m more partial to the losers. Let’s start with Bank of America. Spurred by the failure of Signature Bank and Silicon Value Bank, bank stocks have fallen hard. Bank of America stock now sells for less than nine times earnings. Its average multiple in the past decade has been 14. That sounds like a chance to buy a good company on bad news, which I love to do. But banks are suffering because short-term rates have risen above … [Read more...] about Winners And Losers Reveal The Market’s Flavor This Year: Nvidia Is Up, Pfizer Is Down

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