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Archive for the ‘finance’ category: Page 50

Aug 14, 2022

Elon Musk’s lawyers say Twitter is hiding the identities of key staff who calculate bot numbers, the main sticking point in the $44 billion deal, reports say

Posted by in categories: cybercrime/malcode, Elon Musk, finance, law, robotics/AI

The number of bots and spam accounts on the platform has been a sticking point for Musk throughout the deal. After months of back and forth, Musk’s issues with spam accounts eventually led him to publicly pull out of the $44 billion deal.

Last month, Musk accused Twitter of withholding information about the number of bots on the platform, later citing it as the reason for withdrawing his bid.

Musk’s lawyers claimed in a termination letter that his analysis indicated the percentage of false accounts on Twitter was “wildly higher than 5%” — the number Twitter disclosed in its financial reports.

Aug 13, 2022

Hydrophobic Ice More Common than Thought

Posted by in categories: biotech/medical, finance, mobile phones, robotics/AI, security

Researchers have observed the formation of 2D ice on gold surfaces that were thought to be too hydrophilic and too rough to support this type of ice.


Mobile devices use facial recognition technology to help users quickly and securely unlock their phones, make a financial transaction or access medical records. But facial recognition technologies that employ a specific user-detection method are highly vulnerable to deepfake-based attacks that could lead to significant security concerns for users and applications, according to new research involving the Penn State College of Information Sciences and Technology.

Aug 13, 2022

Deepfakes expose vulnerabilities in certain facial recognition technology

Posted by in categories: biotech/medical, finance, mobile phones, robotics/AI, security

Mobile devices use facial recognition technology to help users quickly and securely unlock their phones, make a financial transaction or access medical records. But facial recognition technologies that employ a specific user-detection method are highly vulnerable to deepfake-based attacks that could lead to significant security concerns for users and applications, according to new research involving the Penn State College of Information Sciences and Technology.

The researchers found that most that use facial liveness verification—a feature of that uses computer vision to confirm the presence of a live user—don’t always detect digitally altered photos or videos of individuals made to look like a live version of someone else, also known as deepfakes. Applications that do use these detection measures are also significantly less effective at identifying deepfakes than what the app provider has claimed.

“In recent years we have observed significant development of facial authentication and verification technologies, which have been deployed in many security-critical applications,” said Ting Wang, associate professor of information sciences and technology and one principal investigator on the project. “Meanwhile, we have also seen substantial advances in deepfake technologies, making it fairly easy to synthesize live-looking facial images and video at little cost. We thus ask the interesting question: Is it possible for malicious attackers to misuse deepfakes to fool the facial verification systems?”

Aug 8, 2022

10 Finance Firms Effectively Own Half of All Future Carbon Emissions

Posted by in categories: energy, finance

View insights.


An analysis of the 200 largest fossil fuel companies suggests that just 10 shareholders could influence the fate of nearly half of the world’s remaining fossil fuels.

Aug 7, 2022

Intuitive Rationality: Merging intuition with logic to create a new from of AI

Posted by in categories: finance, health, robotics/AI

Our new book Intuitive Rationality describes how to marry intuition and other heuristics with logic to create amazing predictions. Intuality AI’s predictive analytics platform has produced remarkable accurate forecasts in different sectors, like financial markets, elections, health and sports.

Aug 4, 2022

This Gates-Backed Startup Builds Modular Homes Out of Energy-Efficient Panels

Posted by in categories: energy, finance, sustainability

Companies specializing in cutting-edge construction techniques are aiming to make a difference by churning out high-quality homes at a lower cost than traditional industry standards. Among these are 3D printed homes, “foldable” homes, and homes that ship in kits then are assembled like Ikea furniture.

Now a new player is joining the list, and it just got a serious financial boost. Vantem Global has already helped construct a total of over three million square feet of living space in six different countries, and earlier this month closed a Series A funding round co-led by Breakthrough Energy Ventures (Breakthrough was founded by Bill Gates in 2015 to invest in sustainable energy and emissions-reduction technologies).

Continue reading “This Gates-Backed Startup Builds Modular Homes Out of Energy-Efficient Panels” »

Aug 4, 2022

Keith Camhi — Techstars Future of Longevity Accelerator — Innovative Solutions For Older Adults

Posted by in categories: business, computing, engineering, finance, life extension, neuroscience

Innovative Solutions For Unmet Needs Of Older Adults & Their Caregivers — Keith Camhi, Managing Director, Techstars Future of Longevity Accelerator — A Partnership With Melinda Gates Pivotal Ventures.


Keith Camhi is Managing Director, Techstars Future of Longevity Accelerator (https://www.techstars.com/accelerators/longevity), a program, run in partnership with Pivotal Ventures (https://www.pivotalventures.org/), an investment and incubation company created by Melinda French Gates, focusing on innovative solutions to address the unmet needs of older adults and their caregivers. The longevity accelerator core program themes include: Caregiver Support, Care Coordination, Aging in Place, Financial Wellness and Resilience, Preventive Health (both Physical and Cognitive), and Social Engagement.

Continue reading “Keith Camhi — Techstars Future of Longevity Accelerator — Innovative Solutions For Older Adults” »

Aug 2, 2022

China’s debt bomb looks ready to explode

Posted by in categories: finance, government

Minxin Pei is professor of government at Claremont McKenna College and a nonresident senior fellow of the German Marshall Fund of the United States.

Confidence in the safety of Chinese banks has been badly shaken by the failure of several small banks in Henan Province in April this year. In terms of their assets of about 40 billion yuan ($6 billion) and the number of customers, roughly 400,000, the shuttered rural banks are minions in China’s financial system.

Aug 1, 2022

JPMorgan hires scientist Charles Lim to help protect financial system from quantum-supremacy threat

Posted by in categories: computing, finance, quantum physics

Tech giants including Alphabet and IBM are racing toward building a quantum computer, and financial firms including JPMorgan are exploring possible uses.

Aug 1, 2022

Bank of America Memo, Revealed: “We Hope” Conditions for American Workers Will Get Worse

Posted by in category: finance

Does this really come as a shock to anyone?


The financial behemoth privately fears that regular people have too much leverage.

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