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VIVOTEK Aims to Become the Veritable 'Eye' in the IoT

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For every country security and surveillance has become a key to survival. With rise in terrorism coupled with challenging security conditions, investment in security and surveillance by India has become a necessity. Coupled with the IoT capabilities, the security and surveillance sector is sure to be the next level thing in the industry. We believe that the best parameter to judge the performance of any business is the success that it has received in the market. Considering this, VIVOTEK has etched its name in gold not only in India, but on an international level as well.


Is insurance a rich enough game to disrupt?

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For the last decade, the largest technology companies have increasingly looked outside of tech to grow their operations. From automotive to retail to groceries, these companies use massive competitive advantages in the form of data, consumer relationships and software engineers to fundamentally change markets. Now, companies like Apple and Google and Amazon are eyeing innovation across the insurance landscape. For example, Amazon is teaming with JPMorgan and Berkshire Hathaway to create a new way to approach health insurance, focusing first on the group's own employees. On the retail side, Amazon is selling product insurance and extended warranties at the point of sale and investing in insurtech startups.


10 things in tech you need to know today

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This is the tech news you need to know this Thursday. News of this deal comes just four months after President Trump blocked Broadcom from acquiring chipmaker Qualcomm in a $103 billion hostile takeover on national security grounds. The new terms give Facebook explicit permission to audit developers' use of data, in what looks an effort to prevent a second Cambridge Analytica-style scandal. Musk was responding to a Twitter user who said he had been told Musk wouldn't be able to help bring clean water to Flint. According to an excerpt of the account in Vanity Fair, employees feared Brin's behaviour would lead to a sexual harassment lawsuit.


Rang sechs weltweit bei Forschung zu Künstlicher Intelligenz

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TUM is the only German university among the ten most influential institutions in the field of artificial intelligence (AI). The top spots in the rankings are held by the Massachusetts Institute of Technology (MIT) and Carnegie Mellon University, both in the USA, and Nanyang Technological University in Singapore, with which TUM maintains a close partnership. Half of the top ten positions are held by Asian universities. The only European representative apart from TUM is the University of Granada in Spain, which ranks fourth. The report also includes country rankings.


Elon Musk goaded into promising to fix Flint water problems

The Independent - Tech

Elon Musk has been goaded into using his vast amount of wealth to fix Flint's water problems. The SpaceX and Tesla boss has been criticised in recent days for the nature of his attempts to help with the rescue of the Thai boys from a cave, during which he built a submarine that was rejected by the leaders of the rescue operation. Many people that argued that the billionaire could use his huge wealth more effectively, by paying for civil or charitable projects. And one of those people has now successfully called out Mr Musk and made him commit to helping out with problems at home. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph.


Israel's Elbit Speeds up Race to Fly Military Drones in Civil Airspace

U.S. News

Changing security concerns following the dismantling of Islamic State and rising geopolitical tensions have caused European countries to shift defense efforts from far-away conflicts to homeland security, resulting in demand for drones that can be safely integrated into civilian airspace to, for example, monitor border crossings, Elbit officials said.


Asian factory workers face slavery risks with rise of automation in manufacturing: analysts

The Japan Times

LONDON – The rise of robots in manufacturing in Southeast Asia is likely to fuel modern-day slavery as workers who end up unemployed due to automation face abuses competing for a shrinking pool of low-paid jobs in a "race to the bottom," analysts said Thursday. Drastic job losses due to the growth of automation in the region -- a hub for many manufacturing sectors from garments to vehicles -- could produce a spike in labor abuses and slavery in global supply chains, said risk consultancy Verisk Maplecroft. More than half of the workers in Cambodia, Indonesia, Thailand, Vietnam and the Philippines -- at least 137 million people -- risk losing their jobs to automation in the next two decades, the United Nations' International Labour Organization says. The risk of slavery tainting supply chains will spiral because workers who lose their jobs due to increased robot manufacturing will be more vulnerable to workplace abuses as they jostle for fewer jobs at lower wages, said Alexandra Channer of Maplecroft. "Displaced workers without the skills to adapt or the cushion of social security will have to compete for a diminishing supply of low-paid, low-skilled work in what will likely be an increasingly exploitative environment," she said.


HMRC property raids reduce by 30% through use of AI and big data - Accountancy Age

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HMRC's use of AI and big data to gather evidence in tax investigations has led to a 30% drop in property raids, according to law firm Pinsent Masons. The firm explained that HMRC has leveraged sophisticated algorithms and big data sources to gather evidence with greater ease and efficiency than costly and time-consuming property raids. Steven Porter, Partner at Pinsent Masons, said: "HMRC's big brother-style data collection on taxpayers is giving it the material it needs to ramp up its tax investigations and at the same time, is reducing the need for it to actually raid properties." The figure has dropped from 669 property raids in 2016/17 to 471 last year. In particular, tax inspectors have been using the state-of-the-art Connect database, an analytical system worth £80m and designed by BAE Systems, to carry out preliminary investigative work within seconds.


The next telemarketer you hang up on might be Google's Duplex AI

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In May, Google debuted Duplex, an artificially intelligent assistant that can make mundane phone calls on behalf of a human. Now, Google is looking to partner with companies that want to use its human-sounding Duplex AI for tasks such as fielding customer service calls or telemarketing, according to a report by The Information. According to The Information's sources, at least one large insurance company has already expressed interest in using Duplex to handle customer service calls. Testing, they note, is still in the early stages, and the system is several months from going live. Google has refuted the report.


4 Ways Artificial Intelligence is Already Changing the World

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Artificial intelligence, or AI, is a hot topic in tech right now. Companies from Silicon Valley to Dubai are eager to show how they're incorporating AI into their products and services and how it's giving them an edge over their competition. Most people, however, still think of artificial intelligence as some sort of far-future phenomenon that won't really become mainstream in their lifetimes. These people (and maybe you as well) would be shocked to read about these four ways that artificial intelligence is already changing the world we live in. It's the least fun email chain you can imagine -- two people (or more, if you're really unlucky) going back and forth endlessly trying to find a time to get together.