-
Microsoft Follows Amazon, IBM To Ban Sale Of Facial Recognition Technology To US Police
Friday, June 12, 2020 - 12:24am | 352Microsoft Corporation (NASDAQ: MSFT) on Thursday said it will no longer sell its facial recognition technology to police departments in the United States until a law regulating its use is enacted at the federal level, the Washington Post reported. What Happened "We will not sell facial-...
-
Machine Learning And AI: New Report Shows 40% Of Hedge Funds Created Last Year Were Systematic
Monday, April 10, 2017 - 2:50pm | 548Are the days of fundamental hedge fund management coming to an end? According to a report from Preqin, a company that provides financial industry data, 40 percent of hedge funds created in 2016 were “systematic,” meaning that they rely on computer models and algorithms to make trading...
-
The American Aftershocks From A Potential Westinghouse Bankruptcy
Friday, February 24, 2017 - 1:33pm | 654Struggling Japanese conglomerate Toshiba Corp (USA) (OTC: TOSYY) (OTC: TOSBF), facing losses of $6.3 billion on its nuclear business, may bring its American subsidiary Westinghouse Electric Co. into Chapter 11 bankruptcy, according to multiple reports. Toshiba’s financial crisis is largely...
-
Ben Bernanke Sees Serious Problems With Bitcoin
Thursday, November 19, 2015 - 3:23pm | 637Speaking to Quartz, former Fed Chairman Ben Bernanke said that Bitcoin "has some serious problems." Bitcoin's value peaked at $1,147.25 on December 4 and crashed to a low of $177.28 just a few months later. Bernanke suggested that Bitcoin has yet to establish itself as a...
-
2009 – The Year Of Cloud Computing, Real-Time Search And Web-Based OS (GOOG, MSFT, YHOO)
Wednesday, December 23, 2009 - 10:37am | 132The MIT Technology Review noted that the year 2009 would be remembered for cloud computing, real-time search and the emergence of Google’s (NASDAQ: GOOG) web-based operating system. Columnist Erica Naone wrote that Google had some serious competition as Microsoft (NASDAQ: MSFT) launched Bing and...