Facebook on Thursday plans to announce its fourth artificial intelligence research lab, this one in the Canadian city of Montreal. The move comes after Alphabet and Microsoft have invested in the local AI research scene. To lead the lab Facebook has tapped Joelle Pineau, an associate professor of Montreal’s McGill University whose academic papers on […]
Read moreIf JPMorgan CEO Jamie Dimon was trying to set off the bitcoin community with his criticism of cryptocurrency, he succeeded. On Tuesday, Dimon called bitcoin a “fraud,” described it as “not a real thing” and said, “someone is going to get killed.” Crypto enthusiasts took little time in firing back — on Twitter and on […]
Read moreAlphabet is in talks to invest roughly $1 billion in Lyft, according to Bloomberg. It’s unclear which part of Alphabet is leading the talks, as the company has multiple investment arms. Axios separately reported that “top-level company executives like Alphabet CEO Larry Page” are driving the negotiation. Axios reporter Dan Primack tweeted that the conversations […]
Read moreAs the Dow Jones average closed at a record high on Thursday, CNBC’s Jim Cramer saw a forgotten sector getting a bit of unexpected love. “Nothing gives you clues better than the stock market,” the “Mad Money” host said. “Remember that peak auto thesis that autos were now headed [down]? Well, that’s being disrupted by […]
Read moreCNBC’s Jim Cramer is convinced that analysts who weren’t thrilled about Apple’s new iPhone release are missing something, and it may have something to do with age. “I think one of the reasons why there was so little ‘Wow, got to have it’ about the new iPhone, at least among the analyst community, is that […]
Read moreWant to market Nazi memorabilia, or recruit marchers for a far-right rally? Facebook’s self-service ad-buying platform had the right audience for you. Until this week, when we asked Facebook about it, the world’s largest social network enabled advertisers to direct their pitches to the news feeds of almost 2,300 people who expressed interest in the […]
Read moreThe Wisconsin Assembly sent a $3 billion incentive package for Taiwan-based Foxconn to Gov. Scott Walker on Thursday, signing off on a deal to lure the electronics giant to the state with the biggest subsidy to a foreign company in U.S. history. The bill approved on a bipartisan 64-31 vote would make $2.85 billion available […]
Read moreThe outcome of the House investigation into the Equifax data breach “may” result in more regulations, the chair of the House Energy and Commerce Committee told CNBC on Thursday. Equifax CEO Richard Smith is expected to testify before the committee at an Oct. 3 hearing. The massive breach could impact up to 143 million Americans. […]
Read moreFor more than a decade the Cassini spacecraft has orbited the planet Saturn and visited its moons. And on Friday, Sept. 15, it will plunge into Saturn’s atmosphere and completely disintegrate. Its demise will be the end of a space mission that has yielded an unprecedented amount of knowledge about a mysterious planet. And it […]
Read moreOracle stock rose by nearly 2 percent in extended trading Thursday after the company reported stronger-than-expected earnings for the first quarter of its 2018 fiscal year, which ended on August 31. The company will hold a conference call to discuss the results with financial analysts at 5 p.m. Eastern time. EPS: Excluding certain items, 62 […]
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