Lifeboat Foundation

This is why tech must never leave their eye off their companies, innovation, and future; unlike China many in big tech have become bogged down in US Politics, etc. instead of their own competitive landscape something that many industry leaders learned many decades ago. Granted, you must always be concern over regulations, etc.; however, some in tech went further than that by acting in some cases like they’re running for office meanwhile their competitors flourish and don’t bother themselves with background noise.

As the old saying goes “never mix politics and religion in the work place” and this is why. Now, both China and Russia are challenging US tech like never before because of tech’s own distractions outside their companies. And, yes some may say it is tied to the S. China Sea; however, that is just one of many excuses which is not the real reason behind the drop of Apple, Uber, etc. Frankly China is showing the world they are serious in their own commitment to dominate tech taking the title from the US. I suggest companies wake up and focus on what they do best which is tech not government politics. Want to be a politician then please resign and run for government office; and let others who are passionate about tech run tech.

The Chinese government has launched a $30bn venture capital fund aimed at upgrading technology in the country’s ailing industrial sector, a move reminiscent of Singapore’s state investment playbook. Led by big banks and government holding companies.

Continue reading “China launches $30bn venture fund to boost industrial technology” »

https://youtube.com/watch?v=PUlYV–lLAA

In this video, D-Wave Systems Founder Eric Ladizinsky presents: The Coming Quantum Computing Revolution.

“Despite the incredible power of today’s supercomputers, there are many complex computing problems that can’t be addressed by conventional systems. Our need to better understand everything, from the universe to our own DNA, leads us to seek new approaches to answer the most difficult questions. While we are only at the beginning of this journey, quantum computing has the potential to help solve some of the most complex technical, commercial, scientific, and national defense problems that organizations face. We expect that quantum computing will lead to breakthroughs in science, engineering, modeling and simulation, financial analysis, optimization, logistics, and national defense applications.”

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Innovation is all the buzz in Asia. Australia, China, Korea, Vietnam, and now lets look at India.

Personally, I believe there is great potential in India for some amazing innovations. Just look at their own historical sites and artifacts, art, etc.; no one can claim creativity, imagination, etc. does not exist. And, not to mention the engineering feats that have been proven by India many times.

India has moved 16 rungs up the global ranking for innovation in 2016, as compared to 2015, but still remains a lowly 66th, well below Malaysia and Vietnam, leave alone China in the middle-income category and far below countries like South Korea and Japan, and other high-income innovation hubs like Switzerland, the US, the UK and Singapore. What can be done to make India a hub of innovation? Improve the quality of education across all levels. A technology policy that incentivises genuine R&D is required. Ease of entry and exit of firms, competition, a vibrant financial sector that allocates capital to new profit potential, a culture of entrepreneurship and an end to failure-shaming would help. The least obvious requirement is political empowerment of the common man.

Continue reading “How to make India an innovation hub” »

https://youtube.com/watch?v=q90JYGxk5xw

The company is now marketing software to help banks and online stores distinguish good users from criminals.

For Sale: A Scylex malware Kit please contact your nearest Dark Web for details.

Experts from Heimdal security firm discovered a new crimeware kit, the Scylex malware kit, that aims to provide Zeus-grade Capabilities.

Security experts from the Heimdal security firm have discovered a new DIY financial crime kit offered for sale on a notorious malicious hacker forum on the dark web called Lampeduza.

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Like this article; there is 2 more pieces missing from the roadmap for 2010 & beyond and that is Biocomputing & Singularity. Biocomputing will provide the financial industry (banks, trading firms, accounting & audit firms, bond insurers, etc.) the ability to expand information/ data storage and transmission capacities like we have never see before just look at what Microsoft, Google, Amazon, etc. have done with DNA storage. And, the much loved Singularity enables boosting of knowledge and insights as well as more mobility and access to information as they need it. BTW — Biometrics is NOT the same as Biocomputing; biocomputing goes well beyond security/ identity management.

The influential non-profit rates these technologies alongside the PC, the internet, and smartphones in terms of their potential to transform financial…

“Waves of virtual reality and augmented reality startups have their funding. Venture capitalists invested $1.7 billion in the AR/VR sector in the 12 months ended March 2016, and $1.2 billion of that was invested in the first quarter of this year alone, according to Digi-Capital.”

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“These days every company is a tech company, but some have better niches, faster growth, more attractive offerings or more favorable share prices than others.”

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Scientists at IBM Research in Zurich have developed artificial neurons that emulate how neurons spike (fire). The goal is to create energy-efficient, high-speed, ultra-dense integrated neuromorphic (brain-like) technologies for applications in cognitive computing, such as unsupervised learning for detecting and analyzing patterns.

Continue reading “IBM scientists emulate neurons with phase-change technology” »