Chinese financial-technology investments this year may exceed 2016’s record $10 billion as companies continue to raise funds for expansion and big banks grow their digital services, according to Accenture Plc. The country’s financial-services giants will probably ramp up investments in areas including artificial intelligence, blockchain, so-called big data and cyber-security to improve their product offerings, Albert Chan, managing director of China financial services at Accenture, said in an interview last week.
Category: Computer Science
IBM’s Deal With Salesforce Highlights the Company’s Unique AI Position
Given how much several tech giants throw around the terms “artificial intelligence,” “machine learning” and “deep learning,” it’s easy to assume that they’re all trying to do similar things. And in some cases, the companies are indeed using AI to tackle problems that have much in common, particularly when it comes to making sense out of real-life sounds, images and dialogue.
IBM, Salesforce Agree to Partner on Artificial Intelligence
International Business Machines Corp. and Salesforce.com Inc. agreed to mingle their artificial-intelligence technologies in a bid to boost sales of data-analytics offerings. The companies Monday announced plans to offer integrated AI services that weave the broad human-like conversation and learning capabilities of IBM’s Watson with Salesforce’s more sales-oriented Einstein technology.
IBM, Salesforce Announce AI Partnership
Salesforce and IBM have agreed to a partnership allowing both companies easier use of access to the other’s software. IBM and Salesforce have agreed to a partnership which gives Salesforce customers easier access to data from IBM’s Watson artificial intelligence program.
How AI Is Changing The Way Companies Are Organized
Artificial Intelligence may still be in its infancy, but it’s already forcing leadership teams around the world to reconsider some of their core structures. Advances in technology are causing firms to restructure their organizational makeup, transform their HR departments, develop new training models, and reevaluate their hiring practices.
Baidu Hits the Reset Button After Cleaning Up Online Advertising
Baidu Inc. is convinced it’s put the worst of a government-driven internet advertising crackdown behind it after posting quarterly revenue that beat estimates. Sales fell a less-than-projected 2.6 percent in the fourth quarter after China’s biggest search engine raised registration requirements for marketers and cut the number of ads it displays alongside results.
Baidu’s Sales Tops Estimates as It Pushes New Businesses
Baidu Inc. posted quarterly results that topped analysts’ estimates, as China’s biggest search engine pushes into new businesses such as news aggregation to overcome government restrictions on web advertising. Revenue for the fourth quarter came to 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.
Baidu’s Quarterly Revenue Tops Estimates on New Business Push
Baidu Inc. posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government restrictions on web advertising at China’s biggest search engine. Revenue for the fourth quarter was 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.
Baidu’s Quarterly Revenue Tops Estimates on New Business Push
Baidu Inc. posted quarterly revenue that topped analysts’ estimates as it pushes into new businesses such as news aggregation to overcome government restrictions on web advertising at China’s biggest search engine. Revenue for the fourth quarter was 18.21 billion yuan , compared with estimates for 18.17 billion yuan, Baidu said in a statement.
How Eero Plans To Fend Off Wi-Fi Rivals: Lower Prices And No Distractions
The startup’s whole-home Wi-Fi system is getting a price cut on its first birthday. Can it stay on top of the market it created? After jump-starting the whole-home Wi-Fi market last February, Eero is celebrating its first birthday with price cuts.
Snapchat has a huge problem with Android, and it’s causing…
Snapchat executives faced tough questions from investors in New York on Tuesday. Most of all: why is user growth slowing? Executives at the roadshow in New York on Tuesday said Android phone users had problems accessing the Snapchat app, particularly in the fourth quarter.
3 Will the public accept the fatal mistakes of self-driving cars?
This once-hypothetical question is taking on greater urgency, particularly among policymakers here in Washington. The promise of autonomous vehicles is that they will make our roads safer and more efficient, but no technology is without its shortcomings and unintended consequences – in this instance, potentially fatal consequences.
Will the public accept the fatal mistakes of self-driving cars?
This once-hypothetical question is taking on greater urgency, particularly among policymakers here in Washington. The promise of autonomous vehicles is that they will make our roads safer and more efficient, but no technology is without its shortcomings and unintended consequences – in this instance, potentially fatal consequences.
Why Amazon.com Inc. Is Investing Billions in India
India is the world’s second most populous country, its biggest democracy, and its sixth-biggest economy. And now, it appears to be the next big prize for Amazon.com When Amazon spots a market opportunity, it goes all in after it.
Trump’s Tweets Don’t Have Much Effect on Stock Market
Donald Trump’s tweet knocking Nordstrom coincided with the company’s stock’s best and most-traded day of the year. President Trump tweeted about two companies on Wednesday — one praising Intel , another knocking Nordstrom .
NVIDIA Corp. Exceeds Fourth-Quarter Guidance Targets
This was another broad-based success story, with double-digit sales growth in six out of eight reportable business segments and platforms. Sales and gross margins came in above the midpoint of official guidance given three months ago, while operating costs and tax rates fell below management’s targets.
Why You Should (and Shouldn’t) Buy NVIDIA
At this point, it’s natural for investors to wonder if it’s too late to buy a few shares — this run could just bethe start of NVIDIA’s path to world domination, or it could be the very top of a bubble-like valuation. While the truth probably lies somewhere in the middle, there are certain types of investors who should, and shouldn’t, invest in NVIDIA no matter what the reality is.
3 ETFs to Consider if You Like Nvidia’s Fourth-Quarter Earnings
Artificial intelligence, gaming and autonomous driving are likely to continue support Nvidia’s strong fundamentals. These three ETFs may benefit if investors like what they hear.
4 Key Quotes From Amd Ceo Lisa Su
Ryzen, the company’s new CPU, aims to go toe-to-toe with Intel AMD reported its fourth-quarter results in January, concluding its fifth consecutive year of losses. The situation could improve dramatically this year if Ryzen and Vega drive market share gains, something the market is already pricing in.
IBMVoice: How To Transform Your Business Quickly? Try A Hybrid Cloud Solution
These models can drive customers to expect new and better application services that are delivered faster than ever. Succeeding in today’s business environment requires organizations to be ready to transform quickly.
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Market-intelligence firm CB Insights has compiled a list of the major acquirers of private artificial-intelligence companies over the last five years. This list reveals well-known tech giants making large investments to increase their capabilities in AI.
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Market-intelligence firm CB Insights has compiled a list of the major acquirers of private artificial-intelligence companies over the last five years. This list reveals well-known tech giants making large investments to increase their capabilities in AI.
Why Self-Driving Cars Will Be Baidus Next Big Opportunity
Morgan Stanley analysts recently said that Baidu won’t be delivering much upside this year as its growth will be restricted by tight advertising laws in China. Also, as the likes of Tencent Holdings raise their content game by investing in online video, Baidu will find it difficult to boost revenue.
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With the race for artificial intelligence shifting into high gear, companies are not only developing AI systems in-house, but are increasingly bringing start-ups into the fold to augment their efforts. Market intelligence firm CB Insights released its list of AI acquisitions over the last five years.
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However, the company’s outsourcing services have come under fire since the election of President Donald Trump. The outsourcing industry has also been facing headwinds from disruptive technologies like artificial intelligence.
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However, the company’s outsourcing services have come under fire since the election of President Donald Trump. The outsourcing industry has also been facing headwinds from disruptive technologies like artificial intelligence.
Alphabet, Inc. Is Making an Important Change to Non-GAAP Reporting
But there’s one other item in the company’s most recent quarterly report investors may want to take the time to consider: A key change in the way Alphabet will be calculating its non-GAAP results. In a surprising move, Alphabet explained in its fourth-quarter earnings call that it will no longer exclude stock-based compensation from its non-GAAP results.
Diversity in tech: lots of attention, little progress
The tech industry brought us self-driving cars, artificial intelligence and 3-D printers. But when it comes to racial and gender diversity, its leading companies are no trailblazers.
Amazon.com, Inc. Earnings: Will Big Investments Weigh on Profitability?
On the heels of a nice 37% gain in the company’s stock price in the past twelve months, the pressure is on for Amazon.com to deliver strongly when the e-commerce and cloud-computing giant reports fourth-quarter results on Thursday, Feb. 2. Ahead of the quarterly update, here’s a brief overview of what to watch when Amazon posts its earnings release. For Amazon’s fourth quarter, management expects the company to post strong revenue growth.
May Industrial Strategy Seeks to Pick Winning Areas for U.K.
The U.K. government will pick winning areas in the economy to champion as part of an industrial strategy aimed at boosting Britain’s productivity as the country prepares to leave the European Union. Announcing the long-promised plan on Monday, Prime Minister Theresa May said she wanted to see “sector deals” to identify and address barriers to expansion in different industries.
IBM Finally Turns the Corner
The tech giant reported its fourth-quarter results on Jan. 19, beating analyst estimates on all fronts and surpassing its goal of producing at least $13.50 in adjusted per-share earnings for 2016. IBM expects to produce at least $13.80 in adjusted EPS in 2017, a small but important increase.
How Facebook Leverages Artificial Intelligence
That small interaction provides a glimpse into the world of an emerging and powerful aspect of artificial intelligence in action — image recognition. With its treasure trove of words and pictures from 1.79 billion monthly active users,it is using that data, combined with recent advancements in AI, to propel this and other technological advances.
IBM Margins Narrow While It Struggles to End Sales Slide
IBM fourth-quarter sales declined and margins narrowed, indicating that revenue in cloud computing and artificial intelligence hasn’t yet offset acquisition costs and other expenses to move the company into new businesses. Revenue was $21.8 billion, slipping for the 19th consecutive quarter.
IBM Margins Narrow While Sales Struggle to Return to Growth
IBM fourth-quarter sales declined and margins narrowed, indicating that its newer businesses still need to grow more to offset development costs. Revenue slipped for the 19th consecutive quarter to $21.8 billion and operating margins shrank year-over-year for the fifth quarter in a row to 51 percent, a concerning metric of the company’s overall health.
Facebook will test ‘fake news’ filtering in Germany
Facebook users will soon be able to flag news stories as fake and the social network may subsequently label the stories as “disputed” in a test of fake news filtering tools starting soon in Germany. The test will send user-flagged stories to Correctiv, a third-party fact checker.
What’s Hot and What’s Not From CES 2017
The huge annual tech show in Las Vegas known as CES is now history . . . and it’s time to start breaking down the winners and losers.
Facebook is working on a way to read brain waves that could…
Facebook is working on a way to read brain waves that could let your send your thoughts to people Mark Zuckerberg’s dream of gadgets that let humans read each other’s thoughts and communicate with brain waves may be moving closer to reality. A secretive new research division that Facebook created last year is developing “brain-computer interface” technology that sounds a lot like the telepathy of science fiction movies.
Jack Ma Bets $2.6 Billion He Can Revamp China Retail Sector
Alibaba Group Holding Ltd. pioneered shopping on the internet in China. Now it thinks it can teach old-school retailers a thing or two about real-world commerce.
Barracuda Networks Shares Rally After Earnings Beat
Barracuda Networks Inc. shares rallied in the extended session Monday after the cloud-computing company topped Wall Street estimates for the fiscal third quarter. Barracuda shares surged 7.2% to $25.47 after hours.
At LinkedIn, artificial intelligence is like a oxygena
Artificial intelligence might conjure up futuristic images from science fiction, but in social media, it’s already being used to recommend the right jobs, tag photos or display news you’re more likely to care about. “Data is our biggest asset.