Month: January 2018

ICO funded projects hit by 100 cyber attacks a month: report

Projects which raise funds through “initial coin offerings” (ICOs) are attacked by cyber criminals 100 times a month on average, a report said, underscoring the risks of investing in cryptocurrency ventures online. The research, published by Moscow-based cyber security firm Group-IB on Wednesday, was based on an analysis of 450 attacks on ICOs since the beginning of 2017. Attempts by hackers to steal money from ICO projects increased tenfold over the period. Les mer...

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Interpreting the Stock Returns to New Product Announcements: How the Past Shapes Investors’ Expectations of the Future

We show that firms’ prior innovation activity is positively related to the market value of the firm measured immediately prior to a new product announcement while negatively related to announcement-date returns, consistent with the notion that these returns only measure an update from previously-set investor expectations. We also measure the long-term stock performance of firms in relation to their unexpected innovation output and find a positive relationship between performance and output; the opposite of what we find in the case of announcement-day CARs. Les mer...

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As AI Makes More Decisions, the Nature of Leadership Will Change

It is tempting to regard artificial intelligence as a threat to human leadership. After all, the very purpose of AI is to augment, improve, and ultimately replace human intelligence, which is still widely regarded, at least by us humans, as our key competitive advantage. There is no reason to believe that leadership will be spared the impact of AI. Indeed, it is very likely that AI will supplant many aspects of the “hard” elements of leadership — that is, the parts responsible for the raw cognitive processing of facts and information. At the same time, our prediction is that AI will also...

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Can Offline Stores Drive Online Sales

In places where the brand already had a strong presence, opening offline stores hurt online sales. In contrast, in places where the brand did not have a strong presence, opening offline stores increased online sales. Our results suggest that this is due to a billboard effect: the offline store serves as a billboard, informing people about the brand. Les mer...

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Fem trender for økt vekst

Vi lever i en spennende verden som er i kontinuerlig endring – en verden der konkurransen er ekstremt hard, og den eneste bærekraftig langsiktige strategien er å lære av omgivelsene og oversette innsikt til relevant innovasjon. Men året er så vidt i gang, så vi kan fortsatt forsøke å lære litt av det vi akkurat har lagt bak oss, og komme med en spådom eller fem om hvor veien går i 2018. Les mer...

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