News

Apple’s Phil Schiller: Facial Recognition Techniques in Competing Smartphones ‘All Stink’

Apple marketing chief Phil Schiller recently sat down with Dutch website Bright.nl, where he covered topics like Face ID and augmented reality, which he’s discussed several times in interviews over the past few months. According to Schiller, one of Apple’s goals with Face ID is to make security easy enough …

News

Hedge funds embrace machine learning—up to a point

ARTIFICIAL intelligence (AI) has already changed some activities, including parts of finance like fraud prevention, but not yet fund management and stock-picking. That seems odd: machine learning, a subset of AI that excels at finding patterns and making predictions using reams of data, looks like an ideal tool for the …

News

African countries are building a giant free-trade area

“AFRICA must unite,” wrote Kwame Nkrumah, Ghana’s first president, in 1963, lamenting that African countries sold raw materials to their former colonisers rather than trading among themselves. His pan-African dream never became reality. Even today, African countries still trade twice as much with Europe as they do with each other …

News

The markets believe in Goldilocks

ANOTHER week, another record. The repeated surge of share prices on Wall Street is getting monotonous. The Dow Jones Industrial Average has passed another milestone—24,000—and the more statistically robust S&P 500 index is up by 17% so far this year. Emerging markets have performed even better, as have European shares …

News

Europe is seeing more collective lawsuits from shareholders

LIKE the ghosts that haunted Ebenezer Scrooge, the scandals of years past—summoned up by angry shareholders—will not let companies rest. In Britain this year, the Royal Bank of Scotland (RBS) paid £900m ($1.2bn) to settle a long-running investor lawsuit related to the bank’s behaviour at the time of the financial …

News

A full-scale Venezuelan default could push up oil prices

Who believes in Nicolás? ON NOVEMBER 30th, as oil tsars from the Organisation of the Petroleum Exporting Countries (OPEC) and Russia met in Vienna, Venezuela’s former oil minister, Eulogio del Pino, once one of their number, was seized by armed guards at dawn in Caracas, and taken to jail. His …

News

Bryan Singer Accused in Lawsuit of Sexually Assaulting a Minor 

A lawsuit filed in Washington State court on Thursday against Bryan Singer alleges that the X-Men director and producer sexually assaulted a 17-year-old boy on a yacht in 2003. Read more… Powered by WPeMatico

News

J.K. Rowling Says She and Fantastic Beasts Filmmakers Are ‘Genuinely Happy’ About Casting Johnny Depp

In November, Warner Bros. re-confirmed its controversial decision to cast Johnny Depp as Grindelwald in the forthcoming film Fantastic Beasts: The Crimes of Grindelwald, despite his ex-wife Amber Heard accusing the actor of domestic violence in 2016. On Thursday, Harry Potter author and Fantastic Beasts screenwriter … Read more… Powered …

News

YouTube to Launch Music Subscription Service in March 2018

Apple’s streaming music service will soon face another major competitor, as YouTube prepares to launch a paid music service in March of 2018, reports Bloomberg. YouTube has already inked a deal with Warner Music Group and is in talks with Sony Music Entertainment, Universal Music Group, and Merlin, a group …

News

Hilton Debuting ‘Connected Rooms’ Controlled via Smartphone Next Year

Hilton today announced the upcoming debut of the “Connected Room,” a high-tech guest room that will enable hotel guests to control the temperature, lighting, TV, window coverings, and more from their smartphones using the Hilton Honors app. Guests will also be able to personalize their rooms using technology that loads …