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.
Category: Computers
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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.
India Tech Titans to Plead Visas Case Before Trump Officials
India’s largest technology companies plan a trip to Washington this month to argue against President Donald Trump’s envisioned tightening of visa programs that Silicon Valley and their own industry rely on to attract talent. The chief executives of the country’s biggest IT services companies will meet with administration officials and lawmakers from Feb. 20 to try and dissuade Trump’s team from raising requirements under the H-1B visa program, said R Chandrashekhar, the president of industry group Nasscom.
Rev’s Forum: Increased Volatility Indicates a Market Turn Is Near
“Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline.”
Rev’s Forum: Increased Volatility Indicates a Market Turn Is Near
“Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline.”
Trump ponders new rules for H1-B visa that brings in tech workers
Employees of Tata Consultancy Services work inside the company headquarters in Mumbai. Outsourcing companies like Tata get the bulk of the H1-B visas in the U.S., a work visa program that may soon be changed by the Trump administration.
Western Digital, Seagate and eBay: Jim Cramer’s Views
Cramer shares his views on Western Digital and Seagate being just plain old buys, and how some companies are having some very good quarters. Jim Cramer shares his views every day on RealMoney .
Teslaa s Elon Musk confesses reaction to his Trump role is getting him a downa
Tesla CEO Elon Musk listens to President Donald Trump speak during a meeting with business leaders in the Roosevelt Room at the White House in Washington, DC, on January 23, 2017. / AFP / NICHOLAS KAMM and SpaceX need government incentives and contracts; Trump can hold up Musk’s businesses as examples of U.S. job creation.
‘The explosion in data is so great that it’s almost like, if you have storage space, we’ll take it!’
If you didn’t know any better, we were back in 1999 when Intel and Microsoft and Western Digital and Seagate were hot as freshly shot cannonballs, because we figured out how to get some “high speed” lines to connect personal computers to the world wide web. Of course, those companies are, with the exception of Intel, really very different beasts now.
Toshiba to sell slice of smartphone memory chip unit
Toshiba has said it will split off its operation that makes memory chips for smartphones and computers, and will sell a stake in the new business. The Japanese company needs to raise funds after revealing a heavy one-off loss at its US nuclear power business.
Alphabet Earnings Miss Analyst Estimates on New Hardware Costs
Alphabet Inc. profit missed analysts’ estimates, dented by heavy spending to support the internet giant’s growing cloud business and a one-time tax payment. Fourth-quarter revenue, after payments for online traffic from distribution partners, was $21.22 billion, the company said in a statement Thursday.
Speculation Builds on a Verizon-Charter Tie-up, No Offer Made
U.S. cable company Charter Communication Inc shares rose as much as 10 percent on Thursday after the Wall Street Journal reported a preliminary approach by Verizon Communications Inc about a tie-up, but Reuters sources said no proposal was made. Speculation over a combination of the two companies has been building steadily since last month, when Verizon Chief Executive Officer Lowell McAdam told Wall Street analysts that such a deal would make “industrial sense.”
Trade These 3 Volatility Breakout Stocks
These three stocks have been undergoing a squeeze, or a period of price compression that is usually resolved by a volatile move. The technical indicators suggest they will rise.
Democratic senators want AT&T to detail Time Warner deal benefits
WASHINGTON: Thirteen Democratic senators on Wednesday asked AT T Inc to explain how its planned US$85.4 billion takeover of Time Warner Inc is in the public interest, as the company hopes to avoid a review of the deal by the primary U.S. telecommunications agency.Earlier this month, AT T said in a securities filing it expected to bypass the U.S. Federal Communications Commission in its acquisition of the owner of HBO, CNN, Turner Broadcasting and Warner Brothers and only face U.S. Justice Department review.AT T does not plan to acquire a Time Warner TV station in Atlanta that has an FCC license, which would automatically trigger a review.Democratic senators Al Franken, Elizabeth Warren, Bernie Sanders, Ed Markey and nine others urged AT T and Time Warner in a letter to submit a public interest statement to them by Feb. 17 that would required as part of an FCC review “detailing how you … (more)
Seagate Rallies On Robust Second-quarter Earnings
Shares of Seagate Technology PLC rallied in Tuesday’s extended session after the hard-drive maker posted better-than-expected earnings. Seagate reported its fiscal second-quarter earnings nearly doubled to $297 million, or $1 a share, from $165 million, or 55 cents a share, a year earlier.
Trump to CEOs: Wea ll Cut Regulations by 75 Percent
President Trump kicked off his first formal day in the White House on Monday by meeting with some of the country’s top business leaders and promising them fewer regulations and lower taxes. “We think we can cut regulations by 75%.
Toshiba Climbs After Reports Its Chip Business Drawing Interest
Toshiba Corp. shares climbed the most in three weeks after reports the company’s plan to sell a stake in its chip unit is drawing attention from possible investors. The stock climbed as much as 7.3 percent to 264.8 yen in Tokyo, the biggest intraday gain since Dec. 30. Toshiba may sell a 20 percent stake in its memory chip operations to raise as much as 200 billion yen and has received interest from Canon Inc. and Tokyo Electron Ltd. as well as overseas private equity funds, the Asahi reported, without citing anyone.
As nuclear loss grows, Toshiba needs chip investors, soon
Workers prepare the new year’s eve numerals above a Toshiba sign in Times Square in Manhattan, New York City, U.S., December 26, 2016. With mounting writedowns from its nuclear business, Japan’s Toshiba Corp is looking to sell part of its core semiconductors business, a world No.2 in the flash memory chips used in smartphones.
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.
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Baby monitors have come a long way from the walkie-talkie-type devices that let you listen in on the coos and cries of your infant. Today they’re part of the Internet of Things in a connected home that let you wirelessly watch your child on your computer, laptop, or smartphone whether you’re at home, outside, or away.
Virtual reality takes students on field trips to DC, volcanos and China
Students picked up white plastic visors and slid them onto their faces. Suddenly, they were 2,600 miles away, standing in Washington, D.C., next to the Martin Luther King Jr. Memorial, with the Lincoln and Jefferson memorials visible as they turned their heads.
Unsold U.S. Gas Toshiba’s Next Threat as Nuclear Loss Looms
Toshiba Corp., already reeling from a crisis at its nuclear business that sent its market value down by almost half, is seeking help from one of the world’s biggest buyers of LNG to avoid billions of dollars in potential losses if it can’t sell American gas. Toshiba is working with Japan’s Jera Co.
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.
Western Digital’s Rally to Slow
WDC has doubled since the low made in May, but this rapid pace is probably going to slow as momentum has weakened and overhead resistance looms. This analysis is not different from our observations back on Dec. 3 when we said, “I would trade WDC from the long side, risking below $60 even though gains may be slow going in the weeks ahead.”
Toshiba Drops 16 Percent on Reported Writedown Losses
Toshiba Corp. shares dropped to their lowest since May after a report that the loss in its nuclear business may exceed the 500 billion yen maximum the company had flagged to lenders. The company asked Development Bank of Japan Inc. for financial support and is seeking help from other lenders, the Nikkei newspaper cited people familiar with the matter as saying.
Toshiba Shares Plunge on Reports of U.S. Nuclear Writedown, Asset Sales
Toshiba shares plunged in Tokyo on reports it will need to take a larger write down on its U.S. nuclear business and seek cash from its American partner Western Digital Toshiba shares plunged again in Tokyo Thursday following media reports the electronics giant will need to take a larger writedown on its U.S. nuclear business and potentially seek cash from its American partner Western Digital Corp. Japanese media said cost overruns at its CB&I Stone & Webster unit will push writedowns in the newly acquired business to between Y500 billion and Y700 billion , much higher than the company’s original estimate of $87 million.
Toshiba Falls on Reports of Wider Loss at Nuclear Business
Toshiba Corp. fell as much as 17 percent after a report that the loss in its nuclear business may exceed the 500 billion yen maximum the company had flagged to lenders. The company asked Development Bank of Japan Inc. for financial support and is seeking help from other lenders, the Nikkei cited people familiar with the matter as saying.
3 Questions for Intel Corporation on January 26
Although the company is planning to host its financial analyst day shortly thereafter, on February 9, during which the company will go into deeper dives into each of its business units, there are still several questions I’d like to hear answered during the company’s upcoming earnings call. Here are three.
Automated Traders Take Over Bitcoin as Easy Money Beckons
Zhou Shuoji is not a bitcoin believer. He says the cryptocurrency will never replace its traditional forebears, and he calls most of its proponents fanatics.
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.
Cuba sees explosion in internet access as ties with US grow
In this Jan. 6, 2017 photo Roberto Carlos Villamar uses his laptop on the new experimental internet in the living room of his home in Havana, Cuba. For many Cubans, the start of home internet in December breaks a longstanding barrier against private internet access in a country whose communist government remains deeply wary about information technology undermining its near-total control of media, political life and most of the economy.
Intel Corporation’s Optane Cache for PCs Sounds Cool If It Works
With the launch came new chips from Intel as well as new motherboards using the company’s new Z200-series motherboard chipsets . The main new feature that came with the Z270 chipset is support for the company’s new Optane memory technology.
The Personal Computer Market Plunged 5.7% in 2016
Market research company IDC announced on Jan. 11 that the category of products that it refers to as “traditional [personal computers]” dropped 1.5% year over year during the fourth quarter of 2016 and by 5.7% over the course of the entirety of 2016. IDC said that the first quarter of 2016 was “still constrained by high inventory, free Windows 10 upgrades, and difficult comparisons to commercial replacements in 2014 that were fueled by the end of support for Windows XP.”
Trump meets with AT&T execs about Time Warner merger
Donald Trump Trump vs. the Democrats: Is this the end of the 100-year war over the Estate Tax? French far-right leader Le Pen spotted at Trump Tower Pompeo would ‘absolutely not’ obey torture order from Trump MORE on Thursday morning met with AT&T CEO Randall Stephenson as the company pushes for support for its planned merger with Time Warner. Stephenson and Robert Quinn, AT&T’s senior vice president for legislative affairs, arrived at Trump Tower shortly after 9 a.m., according to pool reports.
Data Storage Provider Seagate’s Adaptability Leading to Increased Profits
The world of finance and investing is moving at a faster clip than ever, and nowhere more so than in the high-tech sector. Big money is being made from technologies that no one even imagined a few years back.
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.
Intel Joule shipments blocked in key countries, pending certification
If you can’t find Intel’s Joule developer boards in your country, it’s because shipments have been held up. Intel’s Joule 570x and 550x are powerful computer boards that can be built as a PC, or be used to build robots, drones, or smart devices.
Intel Corporation PC Chief Talks Manufacturing Strategy
These chips, as would be expected, deliver improved performance and power efficiency relative to the company’s sixth-generation Core processor family. What is interesting about these chips is that they represent a third wave of products manufactured in the company’s 14-nanometer manufacturing technology, which was first used to build the company’s fifth-generation Core processors.
IBM Is Betting Its Future on AI
Since Ginni Rometty started as CEO in January of 2012, IBM has had 18 consecutive quarters of year-over-year declining revenue– essentially every quarter of her tenure. The stock has lost nearly 10% compared with a gain of 78% for the S&P 500 over the last five years.