Asia
Sony to buy an extra 60% stake in EMI Music Publishing
The logo of Sony Corp. is seen at the company's headquarters in Tokyo, Japan, May 22, 2018. TOKYO โ Electronics and entertainment company Sony Corp. said Tuesday it plans to spend $2.3 billion acquiring an additional 60 percent stake in EMI Music Publishing, home to the Motown catalog and contemporary artists like Kanye West, Alicia Keys and Pharrell Williams. Sony already owns 30 percent of EMI so once the purchase from Mubadala Investment Co. is finalized, it will own 90 percent of the company, CEO Kenichiro Yoshida said in a news conference at Sony's headquarters. Mubadala is a government-backed investment fund controlled by the emirate of Abu Dhabi, the oil-rich capital of the United Arab Emirates, a seven-state federation that also includes the Mideast commercial hub of Dubai. Its holdings include semiconductor maker Globalfoundries, and stakes in General Electric Co., Washington-based private equity firm The Carlyle Group and numerous utility and energy companies.
The robot killer than can take out weeds with a single jet blast of chemical
In a field of sugar beet in Switzerland, a solar-powered robot that looks like a table on wheels scans the rows of crops with its camera, identifies weeds and zaps them with jets of blue liquid from its mechanical tentacles. Undergoing final tests before the liquid is replaced with weedkiller, the Swiss robot is one of new breed of AI weeders that investors say could disrupt the $100billion pesticides and seeds industry by reducing the need for universal herbicides and the genetically modified (GM) crops that tolerate them. Dominated by companies such as Bayer, DowDuPont, BASF and Syngenta, the industry is bracing for the impact of digital agricultural technology and some firms are already adapting their business models. Herbicide sales are worth $26billion a year and account for 46 percent of pesticides revenue overall while 90 percent of GM seeds have some herbicide tolerance built in, according to market researcher Phillips McDougall. 'Some of the profit pools that are now in the hands of the big agrochemical companies will shift, partly to the farmer and partly to the equipment manufacturers,' said Cedric Lecamp, who runs the $1billion Pictet-Nutrition fund that invests in companies along the food supply chain.
Samsung opens huge AI centre in the UK
Korean technology giant Samsung has announced the opening of a huge new AI research in Cambridge, UK to capitalise on local talent. Cambridge has gained international recognition as a hub of AI talent. Google's acquisition of DeepMind, whose headquarters is based in the city, only helped to further boost this reputation. "Today's announcement by Samsung will create high-paying, high-skilled jobs and our modern Industrial Strategy will encourage further investment like this all around the country," says Prime Minister Theresa May. "It is a vote of confidence in the UK as a world leader in artificial intelligence, and the new AI research centre will benefit from the world-renowned talent and academic prowess of Cambridge."
Global X Funds Launches AIQ: An ETF Targeting Artificial Intelligence and Big Data Companies
Artificial intelligence refers to the process of machines or computers performing tasks that would otherwise require human intelligence. In order to attain the capabilities to perform those tasks, AI relies on utilizing and processing large amounts of data, or "big data", to learn. As the accumulation of data continues to grow, so does the potential of AI systems. Some estimates hold that the emergence of AI could contribute up to $15.7 trillion to global GDP in 2030 โ more than the current output of China and India combined.1 "Given AI's potential to impact a variety of sectors, we believe it is poised to become one of the most significant technological innovations of the modern era," said Alex Ashby, director of product development at Global X. "Our aim with all of our technology-thematic funds is to provide efficient access to the companies leading the charge in the world's most disruptive trends. AIQ seeks to provide investors with exposure to the long-term growth potential of the big data and artificial intelligence theme."
Orlando Police Testing Amazon's Real-Time Facial Recognition
Tech companies are trying to sell police real-time facial recognition systems, which can track and identify people as they walk down the street. As NPR reported two weeks ago, American police have generally held off, but there's new evidence that one police department -- Orlando, Fla. -- has decided to try it out. What's more, Orlando ordered its facial recognition system from Amazon. This information was uncovered by the ACLU, which noticed that law enforcement customers were mentioned in the marketing of Amazon's "Rekognition" service. Until now, American police have used facial recognition primarily to compare still photos from crime scenes with mug shots.
Your vintage video game systems, old iPods and disco-era TVs could be worth big bucks
Older video game systems are hot on the resale market as collectors seek items no longer in production. Are you sitting on a forgotten-gadget goldmine? Dusty video game systems, old TVs and record players, and abandoned iPods often seem like trash. "Vintage electronics are hot sellers," says Jordan Barnes, senior director for resale app Mercari. For instance, over the past 90 days, interest in the original Nintendo's GameBoy, Gameboy Advance and Gameboy Micro game players have surged to more than 200,000 searches, with sale prices topping $90, he says.
Hiring For Data Scientist in Mumbai for Exp: 3-5 yrs
Roles & Responsibilities: - Implement data mining techniques, doing statistical analysis, and building high quality prediction systems integrated with our products - Select features, building and optimizing classifiers using machine learning techniques - Data mining using state-of-the-art methods - Extending company's data with third party sources of information when needed - Enhancing data collection procedures to include information that is relevant for building analytic systems - Processing, cleansing, and verifying the integrity of data used for analysis - Doing ad-hoc analysis and presenting results in a clear manner - Creating automated detection systems and constant tracking of its performance Desired Candidate Profile: Candidate Requirement: - Understanding of machine learning techniques and algorithms - Experience with common data science toolkits, such as R, Weka, NumPy, MatLab, etc. - Experience with data visualization tools, such as D3.js, GGplot, etc. - Proficiency in using query languages such as SQL, Hive, Pig - Experience with NoSQL databases, such as MongoDB, Cassandra, HBase
Certificate in Machine Learning
Harish is a data officer and an expert in artificial intelligence (AI)-powered data analytics with 15 years of experience working in aerospace, telecommunication, automotive, security, geospatial and biomedical industries. He is the President and Chief Scientific Consultant of Zero One Infinity Consulting (ZOIC) Services Ltd., an Ontario-based Research and Development (R&D) company. Previously, he was a chief engineer at Samsung Electronics, India and an assistant professor/lead at the Visual Signal Analysis and Processing (VSAP) research center at Khalifa University, UAE. Harish has also worked as a researcher, managing the R&D of Ministry of Defense (MoD) UK and European Union (EU)-funded projects at Lancaster and Manchester universities, UK. Harish is a strong engineering professional with a Ph.D. in Computer Science and an M.Sc. in Autonomous Systems from Loughborough and Exeter universities, UK, respectively.