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Visa's New Stablecoin Pilot To Transform How Freelancers, Uber Drivers and Global Gig Workers Get Paid
Yahoo Finance· 2025-11-12 12:47
Core Insights - Visa is piloting a new stablecoin payout solution aimed at businesses that need to fund direct transfers with fiat currency, particularly targeting the gig economy and digital marketplaces [1][4] - The integration of stablecoin payouts is seen as a solution for global platforms that require efficient payment methods for users in different countries [2][7] - Traditional interbank payment systems create delays in cross-border transactions, while stablecoin payments can settle in seconds, enhancing the speed of transactions [3] Visa's Stablecoin Integration - The new stablecoin integration will be available through Visa's real-time payments network, Visa Direct, allowing companies like Uber, Lyft, and Airbnb to offer stablecoin payment options [4][5] - Visa emphasizes that this initiative aims to provide universal access to money quickly, benefiting freelancers and businesses operating across borders [5][8] Benefits for Emerging Markets - Stablecoin payouts are particularly advantageous in emerging markets, offering streamlined treasury management for platform operators and reducing exposure to volatile foreign exchange rates [8] - Recipients in these markets gain access to a stable store of value, which is crucial in regions with high financial exclusion rates, potentially providing new opportunities for unbanked workers [8]
引资247.38亿元、发布超265.5亿元投资发展基金矩阵……四川宜宾三江新区举行产业投资推介会
Sou Hu Cai Jing· 2025-11-12 12:45
封面新闻记者 伍雪梅 摄影报道 11月12日下午,2025世界动力电池大会特色活动之三江新区2025产业投资推介会在四川宜宾三江新区举办。此次推介会以"链聚产业生态 绿动澎湃三 江"为主题,共签约项目84个,总投资额达247.38亿元,涵盖新能源、新材料等多个领域。 宜宾三江新区2025产业投资推介会举行。 活动邀请了包括浙江软控智能科技股份有限公司、时代长安动力电池有限公司、宁德时代新能源科技股份有限公司在内的100家知名企业及18家基金机构 参与。会上,三江新区发布了基金矩阵机会清单,围绕存量与增量基金群统筹布局,拟构建总规模超265.5亿元的投资发展基金矩阵。同时,推出国有企 业场景机会清单,共释放47个优质合作项目,总投资额超120亿元,并提供96万平方米成熟产业承接空间,为各类经营主体提供广阔发展平台。 宜宾三江新区发布基金矩阵机会清单。 作为宜宾发展的"动力之芯与核心引擎",三江新区抢抓成渝地区双城经济圈、共建"一带一路"、科技革命、产业变革等重大机遇,在全国城市新区潜力50 强评比中跃升至第15位;核心区临港经开区在全国230家国家级经开区综评中排名26位,连续两年保持西部第一。 航拍三江新区城 ...
全球GDP50强城市出现洗牌:深圳跻身前10,成都26,南京接近旧金山
Sou Hu Cai Jing· 2025-11-09 14:09
Core Insights - The latest global GDP ranking of cities shows significant reshuffling, with New York maintaining its top position at 90,602 billion, followed closely by Paris, while Shanghai and Beijing rank fifth and sixth respectively [1][8] - Chinese cities are collectively rising, with Shenzhen making a historic entry into the top ten at 36,802 billion, Chengdu holding steady at 26th with 23,511 billion, and Nanjing closely trailing San Francisco at 18,501 billion [1][3][5][8] - The ranking reflects a multipolar economic landscape, highlighting the integration of innovation and traditional industries, particularly in Asian and American cities [1] Group 1: Shenzhen - Shenzhen's GDP of 36,802 billion showcases the strength of its digital economy, with a consistent growth rate above 6% over the past five years [3] - Major local companies like Huawei and Tencent are leading innovations in 5G and AI, driving the city's industrial transformation towards high-end sectors [3] - The city's high-tech output accounts for 30% of its GDP, attracting top global venture capital and boosting employment and resident income [3] Group 2: Chengdu - Chengdu's stable position at 26th with a GDP of 23,511 billion is supported by its cultural soft power, with the panda base attracting over 100 million visitors annually, leading to a 20% surge in consumer spending [4] - The city is enhancing its role as a western economic hub, with a projected 15% increase in foreign investment in 2024 [5] - Chengdu's Tianfu New Area is driving growth in integrated circuits and biomedicine, contributing over 100 billion to GDP [5] Group 3: Nanjing - Nanjing, with a GDP of 18,501 billion, is leveraging its higher education resources, with leading universities contributing to a high innovation conversion rate [5][7] - The city has nurtured 50 unicorn companies, which account for 15% of its GDP, and has seen a significant increase in patent applications [7] - Nanjing's carbon neutrality strategy has improved GDP efficiency by 20%, with smart grid investments reaching 50 billion [7]
浙江数字经济增加值连续11年保持两位数增长
Xin Hua Wang· 2025-11-07 08:47
Core Insights - The Wuzhen Summit is entering the era of artificial intelligence, marking a new phase for the "Digital Zhejiang" initiative [2][3] - Zhejiang's digital economy has maintained double-digit growth for 11 consecutive years, with a projected value of 4.8 trillion yuan in 2024, accounting for 53.3% of its GDP [1] Group 1: Artificial Intelligence Development - Global advancements in artificial intelligence are driving a new wave of technological revolution and industrial transformation [3] - Zhejiang has embraced AI, with significant improvements in manufacturing efficiency, such as a 300% increase in production efficiency and a 50% reduction in product development cycles at Zhongce Rubber [4] - The province has 1,717 AI enterprises, with a 22% year-on-year revenue growth in the AI core industry, totaling 494.39 billion yuan in the first three quarters of this year [5] Group 2: Digital Economy Initiatives - Zhejiang has been approved for the establishment of a national digital economy innovation development pilot zone, making it the first province to have dual pilot zones [6] - The digital economy is a key driver of Zhejiang's development, with the GDP of Tongxiang, where Wuzhen is located, growing from 65.2 billion yuan in 2015 to 134.7 billion yuan last year, averaging an 8.4% annual growth rate [7] - By 2024, Zhejiang aims to have core digital economy industries exceed 1 trillion yuan in value, with significant growth in sectors like AI and integrated circuits [8] Group 3: Digital Infrastructure and Services - Zhejiang has established a leading network infrastructure, with all 11 districts achieving "gigabit city" status and a high density of 5G base stations [8] - The province's supercomputing center has attracted over 35,000 registered customers, showcasing the ease of accessing computing power [8] - Digital services have become integral to daily life in Zhejiang, with over 100 million registered users on the "Zheli Ban" app, facilitating over 85% of government services online [11]
Fuel Tech(FTEK) - 2025 Q3 - Earnings Call Transcript
2025-11-05 16:02
Financial Data and Key Metrics Changes - Consolidated revenues for Q3 2025 declined slightly to $7.5 million from $7.9 million in the prior year period due to lower APC segment revenues, partially offset by higher Fuel Chem segment revenue [27] - Consolidated gross margin rose to 49% of revenues from 43% in the prior year, driven by increases in both Fuel Chem and APC segment gross margins [27] - Net income for Q3 2025 was $303,000 or $0.01 per share, compared to a net income of $80,000 or $0.00 per share in the prior year period [29] Business Line Data and Key Metrics Changes - Fuel Chem segment revenue improved to $4.8 million from $4.6 million, while APC segment revenue declined to $2.7 million from $3.2 million due to timing of project execution [27] - Fuel Chem's full year 2025 segment revenue is now expected to approximate $16.5 million-$17 million, up from prior guidance of $15 million-$16 million [15] - APC segment backlog increased to $9.5 million at the end of Q3 2025, up from $6.2 million at the end of 2024 [28] Market Data and Key Metrics Changes - The company is pursuing $3 million-$5 million of potential additional APC contracts expected to close before the end of the year or early Q1 2026 [15] - The sales pipeline for data center opportunities is valued at approximately $80 million-$100 million, with eight to ten opportunities currently being pursued [22][42] Company Strategy and Development Direction - The company is focusing on expanding its APC portfolio through strategic acquisitions and enhancing its technology base to address global customer needs [16][18] - There is a strong emphasis on the digital economy, including AI and data centers, which is driving new power generation demand and creating opportunities for emissions control solutions [20][21] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining a strong financial position and funding growth initiatives across its business segments [32] - The company anticipates continued demand for its technology solutions, particularly in the context of the electrification of everything and industrial transitions [20][21] Other Important Information - The company has no long-term debt and total cash and investments were reported at $33.8 million as of September 30, 2025 [30] - The acquisition of complementary APC intellectual property was completed for $350,000, which is expected to enhance the company's competitive position [16] Q&A Session Summary Question: Will additional investments be needed to monetize the recent acquisition? - Management does not expect significant incremental investment to capitalize on the acquired IP, with some small contributions anticipated relatively quickly from aftermarket opportunities [37] Question: How is the company approaching data center opportunities? - The company is typically brought into data center projects through engine or turbine OEMs and is also engaging with non-traditional players looking to repurpose aircraft engines for power generation [40][41] Question: What is the current pipeline size for data center opportunities? - The current pipeline consists of eight to ten opportunities valued at $80 million-$100 million, with expectations for some commercial opportunities to finalize by the end of the year or early 2026 [42][43] Question: What are the expectations for cash flow in Q4? - Management anticipates cash balance to be flat to slightly down by the end of the year, with Q3 typically being the best performing quarter [54] Question: Did the previous global sales pipeline include data center opportunities? - The previous pipeline number did not include data center opportunities, which are now valued at $80 million-$100 million, in addition to $10 million-$20 million in standard APC business [58][59]
X @Solana
Solana· 2025-11-04 03:03
RT Ayodele Olawande (@ayowisdom_)Earlier today, I had the privilege of delivering the Keynote Address at the Solana Summit Africa 2025, held at the Shehu Musa Yar’Adua Centre, Abuja. The event was a powerful gathering of innovators, developers, and visionaries shaping the future of technology, finance, and digital inclusion across Africa.I commended Superteam Nigeria for creating a remarkable platform that amplifies Africa’s place in the global blockchain ecosystem. Our dialogue on stablecoins went far beyo ...
Mastercard Incorporated (MA) Delivers Strong Q3 Results with Solid Growth Across Key Metrics
Yahoo Finance· 2025-11-03 10:32
Core Insights - Mastercard Incorporated (NYSE:MA) is highlighted as a strong investment opportunity following its robust third-quarter performance [1] Financial Performance - The company reported non-GAAP earnings of $4.38 per share, surpassing analyst expectations by $0.07 [2] - Revenue increased by 16.7% year-over-year to $8.6 billion, exceeding forecasts by $70 million [2] - Mastercard processed $2.7 trillion in payments during the quarter, reflecting a 10% increase in switched transactions [2] - As of September, there were 3.6 billion cards in circulation under the Mastercard and Maestro brands [2] Strategic Initiatives - Mastercard has established a strategic partnership with Kyivstar to enhance payment solutions in Ukraine [3] - The collaboration aims to improve access to financial services and includes testing Starlink Direct to Cell satellite technology for payment infrastructure [4] - The partnership will utilize Big Data and analytics to develop financial products and services, focusing on e-commerce and promoting cashless payments among small and medium-sized businesses [5][6] - Inga Andreieva, Country Manager of Mastercard in Ukraine and Moldova, emphasized the importance of this partnership for strengthening payment infrastructure and accelerating the digital economy [6]
X @Polygon
Polygon· 2025-11-02 16:45
Introducing Ripio as a sponsor of Money Rails.@ripioapp is a crypto company that has been offering blockchain-based products and services to individuals and businesses for over 12 years. As one of the first and leading crypto companies in Latin America, they focus on developing and strengthening the new digital economy by providing blockchain-driven technological solutions that reach all segments of the population.To join us during Devconnect on Nov 18, get tickets at: https://t.co/33Ry10CbQa ...
【公告全知道】存储芯片+CPO+人工智能+数据中心!存储行业头部企业已实现存储模组全产品线布局
财联社· 2025-11-02 15:42
Group 1 - The article highlights the importance of major announcements in the stock market, including suspensions, investments, acquisitions, and performance reports, to help investors identify potential investment opportunities and risks [1] - A leading storage industry company has achieved a full product line layout in storage modules and established long-term strategic partnerships with major manufacturers such as Yangtze Memory Technologies, ChangXin Memory Technologies, SK Hynix, and Samsung [1] - Another company is involved in quantum technology, nuclear power, computing power, digital economy, and data centers, providing quantum computing cloud platform services and ranking second globally in energy storage PCS shipments [1] - A company is collaborating with Foxconn Automotive to deploy no less than 2,000 humanoid intelligent robots over the next five years, focusing on energy storage and wind power [1]
VCI Global Announces $5 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
Globenewswire· 2025-10-31 08:30
Core Points - VCI Global Limited has entered into a definitive agreement for the issuance and sale of 2,777,778 ordinary shares at an offering price of $1.80 per share, expected to close on or about October 31, 2025 [1][2] - The gross proceeds from the offering are anticipated to be approximately $5,000,000, which will be used for working capital and general corporate purposes [2] Company Overview - VCI Global Limited is a provider of business and technology consulting services, focusing on developing platforms in artificial intelligence, encrypted data infrastructure, digital treasury systems, and next-generation capital market solutions [4][5] - The company aims to integrate technology innovation with financial ecosystems to help enterprises, governments, and institutions capitalize on opportunities in the digital economy [5]