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Bloomberg
Financial

BNY's Portney on Global Digital Transfer Agency Launch

BNY has announced a new partnership with Galaxy Digital aimed at enhancing its digital asset infrastructure, reflecting the bank's ongoing commitment to expanding its presence in the digital asset space. Emily Portney, BNY's Global Head of Asset Servicing Business, explained that this partnership enables BNY to offer staking services for digital assets held in custody. She speaks with Romaine Bostick on "The Close."

Leia mais: BNY's Portney on Global Digital Transfer Agency Launch
Bloomberg
Financial

MNTN CEO on Disney's Ad Business, Streaming Wars Outlook

MNTN CEO Mark Douglas discussed the current state of the connected TV and streaming advertising landscape following a strong earnings report from his company, which showed a 21% year-over-year revenue increase. The conversation highlighted recent earnings from major media companies, including Disney, which reported a 64% profit growth in its streaming business and 14% revenue growth, though its overall ad sales grew only 3%. He speaks with Romaine Bostick on "The Close."

Leia mais: MNTN CEO on Disney's Ad Business, Streaming Wars Outlook
Bloomberg
Financial

PsiQuantum CEO on Quantum Computing Progress, Chip Space

Victor Peng, CEO of PsiQuantum, detailed the company's unique approach to quantum computing, emphasizing their use of photons as qubits and their deep expertise in photonics. He explained that their architecture inherently addresses challenges such as photon loss and bit flips through built-in error correction, highlighting significant progress toward full fault tolerance. He speaks with Romaine Bostick on "The Close."

Leia mais: PsiQuantum CEO on Quantum Computing Progress, Chip Space
Bloomberg
Financial

Abdul El-Sayed Narrowly Beats Haley Stevens in Michigan Senate Primary

Kyle Kondik, managing editor of Sabato's Crystal Ball at University of Virginia's Center for Politics, said that progressives candidates winning primary races may cost Democrats success in winnable seats, but that he is not taking it for granted that those candidates will underperform, and if they do, that they will also lose.

Leia mais: Abdul El-Sayed Narrowly Beats Haley Stevens in Michigan Senate Primary