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Technology

NEW YORK, May 17 (Reuters Breakingviews) – Portraying a CEO as a father figure is one way to tell there’s a lack of judicious oversight. Backing the company’s board despite obvious shortcomings is another. Tesla shareholders did both on Tuesday, with one of them playing the part of boss Elon Musk’s “son,” a robot the …

Technology

May 12 (Reuters) – Luminar Technologies (LAZR.O) CEO Austin Russell will buy a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, Russell and Integrated Whale Media Investments (IWM) said in a statement on Friday. The automotive tech billionaire has agreed to acquire 82% …

Technology

Jan 30 (Reuters) – Twitter Inc has made its first interest payment under Elon Musk after the billionaire took the social media company private last year using about $12.5 billion of debt, Bloomberg News reported on Monday, citing people with knowledge of the matter. Twitter paid a group of seven banks, led by Morgan Stanley, …

Technology

AI-based technology for intensive care units has been unveiled at an online forum in Japan, as the number of seriously ill COVID-19 patients continues to rise. A committee of the Japanese Society of Intensive Care Medicine organized the event on Sunday. About 150 people took part. Many of them were healthcare workers involved in treating …

Technology

The 1918 influenza pandemic was one of the deadliest natural disasters in history. Whereas economists note that it brought the global economy to a complete halt, leaders of various nations during the current COVID-19 pandemic have turned to advanced technology to sustain the global economy. It is important to note that to overcome COVID-19, the …

Technology

The 1918 influenza pandemic was one of the deadliest natural disasters in history. Whereas economists note that it brought the global economy to a complete halt, leaders of various nations during the current COVID-19 pandemic have turned to advanced technology to sustain the global economy. It is important to note that to overcome COVID-19, the …

Technology

Stocks in a bunch of semiconductor companies dipped by four to five per cent on Monday – after China banned travel in and out of the manufacturing hub of Wuhan to isolate the new coronavirus that has already killed more than eighty people. Named 2019-nCoV, this novel coronavirus has an incubation period of two to …

Technology

The Japanese government plans to promote quantum technology as part of its national strategy. Quantum technology uses photons and other subatomic particles to create innovative information and communication technology. Quantum computers are far faster than supercomputers, and quantum cryptography is said to be undecipherable. The government has drafted a new national strategy based on the …

Technology

A Japanese company has developed artificial intelligence technology that can be easily linked to security cameras to identify suspicious human behavior. Fujitsu’s technology can analyze video footage and very accurately recognize about 100 types of behavior, such as walking, running, and carrying an object. It can judge actions to be suspicious based on certain sequences …

Technology

Japanese businesses and research institutes have set up an organization to promote the development of quantum technology. Quantum ICT Forum was founded by 19 businesses and 16 research institutes. They include major electronics companies, universities, and state-owned research organizations. Quanta include photons and other subatomic particles. Researchers hope to create new information and telecommunication technologies …