Amazon’s facial recognition tech has been under controversy for quite some time now. There are a mixture of opinions about the patent with some people having no problem whatsoever with it but with some raising concerns over it when Amazon revealed they would sell the facial recognition tech to government agencies. There are others whose… Read More Shareholders say NO to an Amazon facial recognition ban
One of Leonardo Di Vinci’s most famous pieces of artwork, the Mona Lisa, has been brought to life with the help of deepfake AI. For those of you who don’t know deepfake is a technology that has been in development for some time now and is getting to some scarily good levels. Deepfake AI examines… Read More Deepfake AI brings iconic figures to life
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On Tuesday at an event in Leeds Walmart CEO, Judith McKenna, told Asda staff of a serious consideration of an IPO listing for Asda after their merger deal with rival supermarket chain Sainbury’s was blocked by UK authorities. “While we are not rushing into anything, I want you to know that we are seriously considering… Read More Walmart seriously discusses Asda IPO
Suzuki Motor Corp said on Friday that they forecast a 1.7% rise in profit this year. The limited growth, they say, is due to an expected sales tax rise in Japan this year along with uncertain business conditions in their biggest market, India. According to Reuters 22 analyst estimates compiled by Refinitiv predicted an average… Read More Suzuki Motors forecast a limited profit this year
GM Cruise, the self-driving vehicle company, has managed to raise $1.15 billion in new equity from a group of investors the likes of which include T.Rowe Price Associates, SoftBank, Vision Fund, Honda and it’s parent company GM. The company is pushing to launch a fully functional ride-hailing service this year. The investment increases GM Cruise’s… Read More GM Cruise raises $1.15 billion from SoftBank and Honda
President Donald Trump said he will be sharply increasing tariffs on Chinese goods this week, another bold and unexpected move that sent investors into turmoil. Get it? Turm-oil. You’ll get it later. This announcement by the president caused oil prices to drop on Monday as his decision could jeopardise trade talks between two huge economies.… Read More Trump tariff threats against China make oil prices fall