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Archive for the ‘business’ category: Page 284

Feb 18, 2016

Why is IBM surging?

Posted by in categories: business, computing, health, robotics/AI

Big Blue is cool again according to investors.


NEW YORK: Here’s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue’s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM’s artificial-intelligence platform more data to chew on is useful, but investors’ glee over an opaque addition to an enigmatic business effort is confusing.

Big Blue’s top line has been shrinking steadily for nearly four years. In the fourth quarter of 2015, all major divisions had declining sales, with overall revenue falling 8.5 percent compared with the same period a year earlier. Clients need less of IBM’s hardware, and its software and consulting businesses are faltering in competition with rivals’ cloud-based versions.

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Feb 18, 2016

We need leaders with emotional intelligence

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

This is so true and even more importantly in the space of technology as we introduce more products and services in the AI space. Reason is because we are seeing the consumer’s buying patterns changing especially as consumers have more options around devices, services, and AI available to them.

As a result of more choices and AI sophistication; consumers are now & more so in the future will chose to buy things that “fit” more with their own style and personality today. And, this places pressures on companies to change/ expand their thinking on product innovation to include emotional thinking as well. Gone are the days of technology just being a machine/ devices designed to only process information and provide information insights only. Tech consumers today and in the future want technology that marries with their own sense of style and personalities. Therefore, corporate culture as a whole will need to change their thinking at all levels.


I once wrote an article about how people with outstanding academic achievement or technical brilliance can easily get hired, but brilliance will get them nowhere if they lack emotional intelligence and the ability to build strong working relationships. This is especially true in today’s highly competitive world where organisations rely heavily on interdependence to stay ahead of the game.

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Feb 18, 2016

The Most Important Apple Executive You’ve Never Heard Of — By Brad Stone, Adam Satariano, and Gwen Ackerman | Bloomberg Businessweek

Posted by in categories: business, hardware, software

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“A little over a year ago, Apple had a problem: The iPad Pro was behind schedule. Elements of the hardware, software, and accompanying stylus weren’t going to be ready for a release in the spring. Chief Executive Officer Tim Cook and his top lieutenants had to delay the unveiling until the fall. That gave most of Apple’s engineers more time. It gave a little-known executive named Johny Srouji much less.”

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Feb 18, 2016

Welcome to Major Mouse Testing Project

Posted by in categories: biotech/medical, business, life extension

The MMTP needs your support!

Have you ever considered your destiny may depend upon, you personally? And beyond that, have you considered the destiny of many others may depend upon your actions? People who have changed the world, didn’t have any doubts that the future depended on their actions. Scientists, businessmen and famous public figures didn’t wait until someone did something important for the world. They took responsibility for what was happening around and acted, despite all the difficulties. Are you ready to become such a person? Maybe you too have always wanted to make a significant difference, but didn’t know where to begin? So spend a moment to read the information below.

Today there is a unique project being prepared by a group of scientists, activists and other like minded people from many countries. A project which will give us the opportunity to rescue millions of people from future suffering. The project brings the fight against aging to a global level. Each day people suffer and die from the many diseases associated with aging. Researchers worldwide are engaged in a valiant effort to save countless lives in the near future.

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Feb 17, 2016

Virtual extortion a big business for cyber criminals

Posted by in categories: business, cybercrime/malcode, robotics/AI, transportation

And, this is only going to get worse with the newer AI technology until we can get a handle on hacking and tracking of AI such as bots and cars.


Virtual extortion is causing havoc as cyber criminals target companies of all sizes for ransom, according to the FBI. Here’s what needs to be done.

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Feb 17, 2016

Cyber extortionists zap computers at Hollywood hospital

Posted by in categories: biotech/medical, bitcoin, business, computing, law

Criminal’s favorite new tool for extortion.


Hollywood Presbyterian Medical Center was the target of a ransomware extortion plot in which hackers seized control of the hospital’s computer systems and then demanded that directors pay in bitcoin to regain access, according to law enforcement sources.

Ransomware attacks on business data systems are becoming an increasingly common form of cyber crime. The assault on Hollywood Presbyterian computers occurred Feb. 5, when hackers prevented hospital staff from accessing patient information, according to law enforcement sources, who were not authorized to discuss the details of the investigation. The hackers then demanded an unspecified sum of computer currency.

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Feb 17, 2016

Apple CEO Tim Cook’s Dangerous Game

Posted by in categories: business, computing, mobile phones, robotics/AI, security, transportation

Government and tech + telecom & ISPs need to come to an agreement in how to ensure innocent people’s privacy are respected. When a person murders, stalk, threaten, kidnap, and/ or assault a person then we have a responsibility first to protect the innocent public. And, with the resistance being displayed by Apple, are we running the risk of further alienating the consumers and business customers more when it comes to releasing AI like robots, self driving cars, etc. onto the public where criminals can buy AI technology and use it to hurt others?

We really need to be addressing these issues soon.


Tim Cook is playing a dangerous game of brinkmanship with the U.S. government. In the process, he may set in motion political and judicial processes that will endanger the security of all our mobile devices.

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Feb 17, 2016

Researchers are Using Fairy Tales to Prevent a ‘Psychotic’ Robot Uprising

Posted by in categories: business, cybercrime/malcode, ethics, robotics/AI, security

The bottom line is robots are machines; and like any other machine, a robot system can be (with the right expertise) reprogram. And, a connected robot to the net, etc. poses a risk as long as hackers poses a risk in the current Cyber environment. Again, I encourage government, tech companies, and businesses work collectively together in addressing the immediate challenge around Cyber Security.

And, there will need to be some way to also track robots & deactivate them remotely especially when the public are allowed to buy them (including criminals).


“We believe story comprehension in robots can eliminate psychotic-appearing behavior and reinforce choices that won’t harm humans and still achieve the intended goal”.

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Feb 17, 2016

The Good News From Google: A Conversation With Ruth Porat | Foreign Affairs

Posted by in categories: business, innovation, internet

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“Ruth Porat has taken an unusual path to the tech world. Before becoming the chief financial officer at Google in May 2015 (and then at Alphabet, Google’s new parent company, a few months later), she held the same post at Morgan Stanley, where among other roles she worked closely with the U.S. government to sort out the troubles at the insurance corporation AIG and the mortgage-financing agencies Fannie Mae and Freddie Mac during the 2008 financial crisis.”

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Feb 16, 2016

EU managers need to up cyber security collaboration, study finds

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

The lack of collaboration on cyber security between the senior levels of business is leaving UK firms exposed to fines and reputational damage, a study has revealed.

One in 10 C-level respondents to a survey by Palo Alto Networks said they “kind of” understand what defines an online security risk, but admitted they “still have to use Google to help explain it”.

This finding suggests that the lack of consensus on where the responsibility for cyber security lies could stem from some lack of cyber security understanding at the leadership level.

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