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Archive for the ‘finance’ category: Page 2

Dec 9, 2024

University of Texas, MIT and others announce free tuition for some undergraduates

Posted by in categories: education, finance

Nearly half a dozen institutions of higher education separately announced plans this week to make tuition free for undergraduates who meet certain income requirements, reflecting a growing nationwide effort to make college more affordable.

The schools span states from Massachusetts to New Mexico, and include some of the country’s leading universities. They all announced their initiatives within days of each other. And while the specific financial requirements for current students applicants vary between schools, all are slated to take effect in fall 2025.

The Massachusetts Institute of Technology in Cambridge, for example, says undergraduates with family income below $200,000 can attend tuition free starting next year, up from its current threshold of $140,000. It said in its announcement that 80% of American households meet the updated threshold.

Dec 7, 2024

Hackers Infect 8,000,000 Smartphones As ‘SpyLoan’ Drains Bank Accounts, Steals Sensitive Data for Extortion: McAfee Alert

Posted by in categories: cybercrime/malcode, finance, mobile phones

Cybersecurity firm McAfee says it’s identified a “significant global increase” in a smartphone hack that triggers extortion, harassment and drains bank accounts.

McAfee says hackers are increasingly deploying a group of malicious financial apps containing “SpyLoan” malware, posing a serious threat with more than eight million active installations around the world.

The apps are on Google Play and use the names, logos, brand colors and interfaces of well-known financial institutions.

Dec 3, 2024

SERHANT. secures $45M to further develop its AI platform

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

Ryan Serhant’s eponymous brokerage has been in rapid growth mode this year following the success of the Netflix show “Owning Manhattan,” and now investors want in on the action.

SERHANT. announced Monday that it secured $45 million in a seed funding round led by real estate venture capital firm Camber Creek and participation from Left Lane Capital.

The investment — which is going to SERHANT. Technologies, the umbrella company that includes the brokerage — will be used to develop the company’s AI platform known as S.MPLE. The company believes S.MPLE will optimize workflows and help scale other parts of its business, including the brokerage.

Dec 2, 2024

How Tech Is Breaking the Rules of Biology | Posthuman with Emily Chang

Posted by in categories: biological, climatology, finance, sustainability

From birth to death, tech is stretching the boundaries of biology. In this episode of Posthuman, we explore the discoveries that could transform reproduction, healthcare and how we die.

Technology that once seemed like science fiction is rapidly becoming reality, transforming the very essence of our existence. In this four-part series, Emily Chang unravels the future of being human in an age of unprecedented innovation.

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Dec 2, 2024

INTERPOL Arrests 5,500 in Global Cybercrime Crackdown, Seizes Over $400 Million

Posted by in categories: business, cybercrime/malcode, finance

“The effects of cyber-enabled crime can be devastating – people losing their life savings, businesses crippled, and trust in digital and financial systems undermined,” INTERPOL Secretary General Valdecy Urquiza said in a statement.

“The borderless nature of cybercrime means international police cooperation is essential, and the success of this operation supported by INTERPOL shows what results can be achieved when countries work together. It’s only through united efforts that we can make the real and digital worlds safer.”

As part of HAECHI-V, INTERPOL said Korean and Beijing authorities jointly dismantled a widespread voice phishing syndicate responsible for financial losses totaling $1.1 billion and affecting over 1,900 victims.

Nov 30, 2024

Researchers use laser beams to pioneer new quantum computing breakthrough

Posted by in categories: finance, quantum physics, robotics/AI

Physicists from the University of the Witwatersrand (Wits) have developed an innovative computing system using laser beams and everyday display technology, marking a significant leap forward in the quest for more powerful quantum computing solutions.

The breakthrough, achieved by researchers at the university’s Structured Light Lab, offers a simpler and more cost-effective approach to advanced quantum computing by harnessing the unique properties of light. This development could potentially speed up complex calculations in fields such as logistics, finance and artificial intelligence. The research was published in the journal APL Photonics as the editor’s pick.

“Traditional computers work like switchboards, processing information as simple yes or no decisions. Our approach uses to process multiple possibilities simultaneously, dramatically increasing computing power,” says Dr. Isaac Nape, the Optica Emerging Leader Chair in Optics at Wits.

Nov 26, 2024

Would You Plant a Chip in Your Brain

Posted by in categories: biotech/medical, business, computing, finance, neuroscience

“Life is incredible.” Here’s how a brain implant changed the life of Jon Nelson, who long suffered from severe depression. Now a patient advocate for startup Motif, he spoke to Emily Chang about the hope of using neurotech to treat mental illnesses.

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Nov 25, 2024

The Thrill and Threat of Mind Hacking | Posthuman with Emily Chang

Posted by in categories: biotech/medical, business, cybercrime/malcode, finance, neuroscience, wearables

From brain implants that allow paralyzed patients to communicate to the wearable devices enhancing our capabilities, brain-computer interfaces could change the way we use our minds forever.

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Nov 25, 2024

Tiny Implant Aims to Treat Depression in Your Brain

Posted by in categories: business, computing, finance, neuroscience

Neurotech startup Motif says it has built a pea-sized brain chip that can treat mental illnesses, including depression, without the side effects of conventional drugs. Watch Posthuman with Emily Chang to learn more about the power of brain-computer interfaces.

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Nov 25, 2024

Ben Goertzel — A Path to Beneficial Superintelligence

Posted by in categories: biotech/medical, finance, robotics/AI, singularity

Watch Dr. Ben Goertzel, CEO of SingularityNET and ASI Alliance, discuss the path to beneficial Superintelligence.

Recorded at the Superintelligence Summit held by Ocean Protocol in Bangkok on November 11, 2024.

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