AI progress depends on us using less data, not more

In the data science community, we’re witnessing the beginnings of an infodemic — where more data becomes a liability rather than an asset. We’re continuously moving towards ever more data-hungry and more computationally expensive state-of-the-art AI models. And that is going to result in some detrimental and perhaps counter-intuitive side-effects (I’ll get to those shortly). […]

Morgan Stanley's investment arm weighs adding bitcoin to its list of bets: Bloomberg News

(Reuters) – Morgan Stanley’s investment arm is weighing whether to add digital currency bitcoin to its list of possible bets, Bloomberg News reported https://www.bloomberg.com/news/articles/2021-02-13/morgan-stanley-may-bet-on-bitcoin-in-150-billion-investment-arm?sref=SCAzRb9t on Saturday, citing people with knowledge of the matter. Counterpoint Global, the $150 billion investing arm of Morgan Stanley Investment Management, is exploring whether the cryptocurrency would be a suitable option […]

Robinhood CEO admits communications shortcomings, ahead of House testimony

By John McCrank NEW YORK (Reuters) – Robinhood, the trading app popular with young investors, could have better explained why it restricted the buying of heavily shorted stocks caught up in the social media-fueled trading frenzy around GameStop Corp, said the company’s chief executive officer. “No doubt we could have communicated this a little bit […]

Michael Hurlston: How Synaptics pivoted from mobile/PC sensors to the internet of things

Synaptics pioneered sensors for touchscreens for PCs and mobile devices. But the San Jose-based hardware company has shifted to where the processing is happening — at the edge of the network. Under CEO Michael Hurlston, the 35-year-old company has pivoted away from its early markets and focused on artificial intelligence at the edge to bring […]

Thought-detection: AI has infiltrated our last bastion of privacy

Our thoughts are private – or at least they were. New breakthroughs in neuroscience and artificial intelligence are changing that assumption, while at the same time inviting new questions around ethics, privacy, and the horizons of brain/computer interaction. Research published last week from Queen Mary University in London describes an application of a deep neural […]

A Billion-Dollar Dark Web Crime Lord Calls It Quits

Just over a week ago, an employee at a water treatment treatment plant in Oldsmar, Florida noticed that the mouse on his screen started moving seemingly on its own. Soon it was clicking through controls, raising the supply of lye in the water supply from 100 parts per million to 1,100ppm, enough to cause serious […]

Vivendi plans to distribute 60% of UMG capital to shareholders, list it by year-end

By Dominique Vidalon PARIS (Reuters) – Vivendi said on Saturday it planned to distribute 60% of Universal Music’s capital to investors, subject to shareholder approval, and aimed to list its most-prized asset, home to singers such as Lady Gaga and Taylor Swift, by the end of the year. The plan to list Universal represents part […]

ByteDance explores sale of Indian TikTok assets to rival firm Glance: Bloomberg

TOKYO (Reuters) – China’s ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg News reported on Saturday. The discussions, initiated by Japan’s SoftBank Group Corp, are private, early and complex, the report https://bloom.bg/3pgJdsi said, citing people familiar with the matter. Glance’s parent, mobile advertising technology […]

Why a failure to vaccinate the world will put us all at risk

The group aims to vaccinate about 20% of the people in the world, focusing on hard-to-reach populations in Africa, Latin America, and Asia. To do so, it needs another $4.9 billion in addition to the $2.1 billion it has already raised. But there are other problems. The cheaper and easier-to-transport vaccines like the ones pledged […]

He started a covid-19 vaccine company. Then he hosted a superspreader event.

In a blog post published on the afternoon of February 12, Diamandis confirmed that 12 patrons had tested positive. Less than a week after A360 attendees flew back to their pandemic home bases across the globe, at least 20 people, including not only those who were present at A360 but also some of their family […]