Y Combinator’s Bold Basic Income Plan Is off to a Rocky Start
Ideas strictly in the realm of FinTech development aren’t the only ones making waves amongst finance industry insiders and economists. Universal basic income, a program in which citizens of a society receive a predetermined amount of money with no strings attached, has gained its fair share of media attention in recent years. And Y Combinator wants […]
Is Edge Computing Really That Important to the Internet of Things?
Just as cloud computing is an imperative part of the workflow and analysis of most businesses today, the Internet of Things (IoT) is developing into a cornerstone of most enterprise setups as well. But unless we ramp up computing power, network connectivity, computation speed, and device reliability could all take a hit. Is edge computing the solution we need? […]
Google Wanted to Change China, but is China Changing Google?
In the early days of Google, founders Larry Page and Sergey Brin probably didn’t ever imagine that their main motto, “Don’t be evil,” would be the center of controversy 20 years later. In 2004, the founders told investors at Google’s initial public offering (IPO), “Google is not a conventional company,” and added that they planned to […]
Is Google Still Tracking You After You Opted Out?
Have you opted out of Google’s location tracking? An investigation by the Associated Press (AP) has revealed that the tech titan may take this option as more of a preference than a stern command — many of the services it offers don’t stop recording your location, even after you’ve told them to. The Benefit of […]
Startup That Uses Humans to Train AI Just Nabbed $18M in Investments
Do you think artificial intelligence (AI) is becoming too autonomous and independent of humans? Well, think again! Scale is a startup that utilizes a team of contractors to train AI systems by categorizing visual data. It’s making big waves in AI development — in fact, it just raised an additional $18 million in investments. Not […]
The FCC Admits Last Year’s Infamous Hack Never Actually Happened
Last year, the Federal Communications Commission (FCC) reported that the comments section of its website was hacked. Recently, the agency confirmed what many had already suspected — the hack never actually happened. Smoke and Mirrors Back in May 2017, the idea of the FCC repealing net neutrality was starting to become more of a real […]
DARPA Is Funding Research to Find out Exactly What AI Is Thinking
When you were in high school, did you have to show your work in math class to get credit? The Defense Advanced Research Projects Agency (DARPA) wants artificial intelligence (AI) to do the same. Recently, it announced the Artificial Intelligence Exploration (AIE) program, an initiative focused on fostering AI development that can understand and explain how it […]
Is FinTech the Future of Ride-hailing?
As FinTech develops, online- and cloud-based firms are some of the first companies that integrate the newest technology into payment processors and payroll. Uber’s recent merger with Southeast Asian ride-hailing company Grab brought about some updates to Grab’s interface and operations. This type of innovation is rarely seen in companies who have been recently taken over. […]
Google Fined $5 Billion by the EU over Android Antitrust Violations
The European Commission (EC) recently fined Google a record amount: $5 billion. That record beat the last record high also previously set by Google at a price of $2.8 billion. The EU slammed down the fine because it says the San Francisco-based developer abused Android’s market share in three ways: (1) The company bundles the […]
Nvidia Uses Machine Learning to Magically Fix Flaws in Photos
New technology from Nvidia can help professional photo retouchers save some time and studio equipment. But it may also upset photographers who painstakingly put watermarks on their photos to stop the theft of their work. AI-Powered Picture Cleaning The company developed machine learning algorithms using over 50,000 before-and-after photos to remove graininess, text, watermarks, and […]