Menu

Blog

Archive for the ‘finance’ category: Page 136

Oct 5, 2016

With New Program, DARPA To Encourage Safety “Brakes” For Gene Editing

Posted by in categories: bioengineering, biotech/medical, finance, genetics, health, military

Xconomy National —

Drugs that use molecular scissors to snip out or replace defective genes. Altered mosquitoes meant to sabotage entire disease-carrying populations. Both are potential uses of genome editing, which thanks to the CRISPR-Cas9 system has spread throughout the world’s biology labs and is now on the doorstep of the outside world. But with its first applications could also come unintended consequences for human health and the environment. The U.S. Defense Advanced Research Projects Agency—a famed military R&D group—wants to finance safety measures for the new gene-editing age.

The idea for the funding program, called Safe Genes, is to get out ahead of problems that could bring the field to a screeching halt. “We should couple innovation with biosecurity,” DARPA program manager Renee Wegrzyn, said Tuesday at the SynBioBeta conference in South San Francisco. “We need new safety measures that don’t slow us down. You have brakes in your car so that you can go fast but can stop when you need to.”

Continue reading “With New Program, DARPA To Encourage Safety ‘Brakes’ For Gene Editing” »

Oct 5, 2016

Samsung Electronics to acquire artificial intelligence firm Viv, run

Posted by in categories: finance, mobile phones, robotics/AI, wearables

SEOUL Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc’s Siri voice assistant program.

Samsung said in a statement it plans to integrate the San Jose-based company’s AI platform, called Viv, into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.

Financial terms were not disclosed.

Read more

Oct 4, 2016

Canada’s Carbon Tax Needs To Spread South of the Border — By Jamie Condliffe | MIT Technology Review

Posted by in categories: economics, energy, environmental, finance, governance, government

trudeau

“Nobody likes taxes. So it’s a brave move by Justin Trudeau, Canada’s prime minister, to announce that the entire country must pay if it continues to burn fossil fuels.”

Read more

Sep 29, 2016

Will quantum teleportation defeat quantum decryption?

Posted by in categories: computing, encryption, finance, quantum physics, security

Nice article; however, not sure if the author is aware Los Alamos already has a quantum net as well as some Europe banks have the capabilities and 4 months ago it was announced that a joint effort by various countries from Europe, Asia, etc. have come together to re-engineer the Net infrastructure with QC technology…


Maybe the quantum will giveth what the quantum taketh away… at least when it comes to secure transmissions.

There’s been much speculation that emerging quantum computers will become capable of breaking advanced public key cryptography systems, such as 2048-bit RSA. This might leave encrypted data transmissions exposed to anyone who happens to own such a quantum computer.

Continue reading “Will quantum teleportation defeat quantum decryption?” »

Sep 28, 2016

Facebook, Amazon, Google, IBM and Microsoft come together to create historic Partnership on AI

Posted by in categories: finance, governance, robotics/AI

The world’s largest technology companies hold the keys to some of the largest databases on our planet. Much like goods and coins before it, data is becoming an important currency for the modern world. The data’s value is rooted in its applications to artificial intelligence. Whichever company owns the data, effectively owns AI. Right now that means companies like Facebook, Amazon, Alphabet, IBM and Microsoft have a ton of power.

In an act of self-governance, these five companies came together today to announce the launch the new Partnership on AI. The group is tasked with conducting research and promoting best practices. Practically, this means that the group of tech companies will come together frequently to discuss advancements in artificial intelligence. The group also opens up a formal structure for communication across company lines. It’s important to remember that on a day-to-day basis, these teams are in constant competition with each other to develop the best products and services powered by machine intelligence.

Financial support will be coming from the initial tech companies that are members of the group, but in the future, membership and involvement is expected to increase. User activists, nonprofits, ethicists and other stakeholders will be joining the discussion in the coming weeks.

Continue reading “Facebook, Amazon, Google, IBM and Microsoft come together to create historic Partnership on AI” »

Sep 26, 2016

China probes North Korea bank suspected of nuclear link — South Korea paper

Posted by in categories: finance, law enforcement

SEOUL: China is investigating executives of a North Korean bank believed to finance the illicit procurement of arms and materials related to the isolated country’s banned nuclear programme, South Korea’s JoongAng Daily reported on Monday.

China and the United States have agreed to step up cooperation in the U.N. Security Council and in law enforcement channels after North Korea’s fifth nuclear test on Sept. 9, the White House said last week.

While China is North Korea’s sole major ally, it disapproves of its nuclear and missile programmes.

Continue reading “China probes North Korea bank suspected of nuclear link — South Korea paper” »

Sep 20, 2016

Quantum chip keeps you guessing

Posted by in categories: computing, economics, finance, nanotechnology, quantum physics

Random numbers have become important in daily life, given how they are at the heart of e-commerce and secure communications and also form the basis of statistical methods of solving problems in engineering and economics. And yet, truly random numbers are difficult to generate. A series of seemingly random numbers can still show patterns, and this can lead to frauds in e-commerce or errors in computations. Carlos Abellani, Waldimar Amaya, David Domenech, Pascual Munoz, Jose Capmany, Stefano Longhi, Morgan W Michell and Valerio Pruneri from the Institutes of Science and Technology and the Institute of Research and Advanced Studies at Barcelona, Polytechnic University and the firm, VLC Photonica, at Valencia and the Institute of Photonics and Nanotechnology at Milan, describe in the Optical Society’s journal, Optica, a method of using quantum effects to generate truly random numbers with the help of a miniature device that can be embedded in a mobile phone. The operative quality of random numbers is that those in a series cannot be predicted from the preceding ones, nor even any of the digits that appear in them.

Once a random number has been exchanged by a pair of correspondents, they can base a code on this number and keep their exchanges confidential. Devices like computers, which handle e-commerce transactions, thus routinely generate hundreds of large random numbers. The numbers generated by a complex formula are based on a “seed” number to get started, and do pass many statistical tests of randomness. The numbers, however, are not truly random and if a third party should guess the “seed” that was used, he/she could work out the numbers and impersonate others in transactions. Real random numbers are created not by a formula but by physical processes, like the last digits of the number of grains in a handful of sand, the throw of honest dice or even the last digit of the daily stock market index.

Read more

Sep 7, 2016

Quantum computing threatens the most sophisticated cybersecurity, says report

Posted by in categories: cybercrime/malcode, finance, government, quantum physics

I am glad that more folks are beginning to start to understand the magnitude and depth of the risk & exposure that QC presents even within the next 4 to 5 years. However, what about everyone else? Folks need to understand that the transformation to QC in the infrastructure alone is a substantial investment and timeline. So, as I have highlighted many times; I hope folks have baked in QC into their future state architectures & investments because a transformation (depending on company size and complexity) could span many, many years.


The study purports there is a 50 per cent risk that many of the cybersecurity tools used by financial institutions, online retailers and government agencies will be obsolete by 2031.

September 6, 2016 by Canadian Manufacturing.com Staff.

Read more

Sep 6, 2016

Quantum Computers Are Coming, and the World Might Not Be Ready

Posted by in categories: chemistry, computing, finance, quantum physics

Computadores qu nticos estão chegando. O mundo pode não estar pronto.
A mec nica qu ntica, Carl Sagan observou certa vez, é tão estranho que o “senso comum é quase inútil em se aproximar dela.” Os cientistas ainda não entendem exatamente por que a matéria se comporta como faz no nível qu ntico. No entanto, eles estão ficando melhor a exploração dos seus din mica peculiar — de maneiras que podem em breve revolucionando o negócio tecnoloco.

Não é surpresa, então, o investimento no campo está crescendo. IBM, Microsoft e Google são todos construção de laboratórios de pesquisa qu ntica. Startups estão se preparando. Os bancos estão muito interessados na verdade. Governos ver aplicações para a exploração espacial, a investigação médica e de coleta de inteligência. Agência de Segurança Nacional dos Estados Unidos, na verdade, foi discretamente tentando construir um computador qu ntico, durante anos, na esperança de que ele iria fazer um código-breaker imparável.

Via Bloomberg.

Continue reading “Quantum Computers Are Coming, and the World Might Not Be Ready” »

Sep 1, 2016

Russia, China Collaborate On New eCommerce Site

Posted by in categories: cybercrime/malcode, finance, food, media & arts, mobile phones

This one makes me to want to dig more into the reason especially since just last week Russia announced its distrust of Chinese tech being used to hack into Russia’s governmental systems, etc. And, one thing about Russia and China is their protection and involvement in commerce and financials.


New trade routes are expanding between Russia and China. That’s according to Russia’s Far East Development Fund, which said an agreement has been made with Chinese technology company LeEco to develop an eCommerce platform focused on increasing food exportation to China.

LeLive, the name of the new platform, will broaden and increase sales of Russian agricultural items and products in the Chinese market. Facilitated by LeEco’s online platform — called “Le Ecosystem,” which has a monthly connection with more than 800 million users — the goal of the platform is to meet Chinese customers’ needs. Russian goods that will be available through the platform range from basics, like flour, butter and honey, to assorted beverages, sweets, canned meats and nuts.

Continue reading “Russia, China Collaborate On New eCommerce Site” »