Financial News
Nintendo's New Zelda Delayed Until the NX Console Comes Out In 2017
Nintendo's new Zelda game will indeed appear on the company's new NX game machine--but neither will arrive this year. Announcing its year-end financial results on Wednesday, Nintendo finally gave some long-awaited updates on the status of its promised, open-world The Legend of Zelda game as well as NX, the new game machine it announced over a year ago. They just weren't the sort of updates fans were hoping to hear. Zelda, planned for release on the current Wii U console, has been developed "in tandem" with a version for NX, Nintendo said. Both versions are currently planned to launch alongside NX in March 2017.
Technology is becoming the lifeblood of business: Jayajyoti Sengupta
Singapore: Cognizant Technology Solutions Corp., a US-based information technology (IT) firm with most of its employees working out of India, expects its business growth in the Asia-Pacific region to outpace the company average this year, maintaining the trend seen in recent years, Jayajyoti Sengupta, vice-president and Asia-Pacific head, said in an interview. Automation, which includes robots, machine learning and artificial intelligence, will be among the new frontiers for Cognizant, as rote and repetitive processes become "digital, instrumented, analyzed and intelligent", he said. Cognizant has said it expects its revenue growth to slow to between 10% and 14.3% for the calendar year 2016. How do you see the situation in the Asia-Pacific? It would be pertinent to note that Cognizant's growth of 21% in calendar 2015 included revenues from the acquisition of TriZetto.
Deep Learning Outwits Cyber Attackers and Poachers, Google Releases Q1 Numbers, and More โ This Week in Artificial Intelligence 04-22-16
Researchers from MIT's Computer Science and Artificial Laboratory (CSAIL) alongside machine learning-startup PatternEx have created a new cybersecurity defense system that makes use of both unsupervised and supervised learning methods. Human analysts are then presented with the data and given an opportunity to identify actual attacks, which are then fed back into the machine. The system learns and refines its accuracy over time. CSAIL research scientist Kalyan Veeramachaneni, one of AI,2's co-creators, described it this way: "The more attacks the system detects, the more analyst feedback it receives, which, in turn, improves the accuracy of future predictions. That human-machine interaction creates a beautiful, cascading effect."
Beyond smartphones: Google CEO says AI is the next big thing
Artificial intelligence is nothing new at Google, but today we learned just how big a role top boss Sundar Pichai sees AI playing in our future. Answering an analyst query on Google-parent company Alphabet's Q1 2016 earnings call about how the company is leading innovation, rather than simply adapting to changes in technology, Pichai talked about his role in projecting where Alphabet is going in the next 10 years. He gave a shout out to VR as the hot new platform, and then wrapped up his comments by saying: "In the long run, I think we will evolve in computing from a mobile-first world to an AI-first world." Earlier in the call he cited Google's DeepMind AlphaGo super computer defeating a human champion as an extraordinary achievement. He also said the company is investing in AI and machine learning, areas that are taking off and beginning to bear real-world benefits.
Google believes artificial intelligence will be bigger than virtual reality
I too believe AI could be bigger in the future once the under pinning technology and infrastructure moves to Quantum Technology so that hacking is under control and performance is where it needs to be. When Mark Zuckerberg thinks about the future, he sees a world that's dominated by mobile devices and virtual reality, but when Google CEO Sundar Pichai thinks about the future, all he sees is artificial intelligence. He suggested as much during Alphabet's quarterly earnings call on Thursday, saying that mobile devices and virtual reality will dominate the immediate future, but that they'll eventually be surpassed in importance by artificial intelligence. However, he didn't go into detail about what this future will look like. Artificial intelligence is nothing new at Google, but today we learned just how big a role top boss Sundar Pichai sees AI playing in our future.
Google's CEO sees A.I. as the next wave in computing
Every decade or so, a new era of computing comes along that shapes everything we do. Much of the 90s was about client-server and Windows PCs. By the aughts, the Web had taken over and every advertisement carried a URL. Then came the iPhone, and we're in the midst of a decade defined by people tapping myopically into tiny screens. So what comes next, when mobile gives way to something else?
Good news for investors: Google still thumbs nose at Wall St.
The new Google logo is displayed at the Google headquarters on September 2, 2015 in Mountain View, California. Technology investors who bought shares of Alphabet last year on optimism that new CFO Ruth Porat would increase fiscal discipline were disappointed Friday. They pushed the Google parent's GOOGL shares down 5% to 737.77 on heavy trading volume, a day after learning that the company's investments in what it calls Other bets remain a drag on short-term profits. The category posted a first-quarter operating loss of 802 million, while generating sales of just 166 million, just a tiny fraction of overall revenue of 20 billion. Alphabet's money-losing moonshots take shine off Google's ad business Other bets include expensive, speculative projects such as building a self-driving car or bringing fiber-optic Internet cables into neighborhoods.
Advanced Micro Devices Inc. (AMD) Stock Jumps On Sony NEO, Nintendo NX Rumors
Advanced Micro Devices Inc. stock jumped upwards of 30 percent to 3.41 at the start of trading Friday, bolstered by the news that AMD is working on processors for three new gaming consoles. Amid declining PC sales, AMD has turned to the video game industry to reverse slumping revenue. At the market's close Thursday, AMD's stock sat at 2.62, but after-hours trading saw a jump of 24 percent based on what analysts called a strong first quarter. Leading the charge was the potential 1.8 billion revenue from three semicustom processor "wins" for new consoles. The revenue would be spread out over the next three to four years, AMD CEO Lisa Su said on an earnings call Thursday.
Advanced Micro Devices Inc. (AMD) Stock Jumps Over Sony NEO, Nintendo NX Rumors
Advanced Micro Devices Inc. stock jumped upwards of 30 percent to 3.41 at the start of trading Friday, bolstered by the news that AMD is working on processors for three new gaming consoles. Amid declining PC sales, AMD has turned to the video game industry to reverse slumping revenue. At the market's close Thursday, AMD's stock sat at 2.62, but after-hours trading saw a jump of 24 percent based on what analysts called a strong first quarter. Leading the charge was the potential 1.8 billion revenue from three semi-custom processor "wins" for new consoles. The revenue would be spread out over the next three to four years, AMD CEO Lisa Su said on an earnings call Thursday.
Microsoft shares plunge as results show growth is elusive in post-PC market
SAN FRANCISCO -- The cloud may be the future, but the specter of the PC lingers. Microsoft is the latest tech giant whose earnings say that loud and clear. Microsoft on Thursday posted substantial drops in revenue and earnings as it continues to navigate from its legacy PC business into emerging technologies -- a day after chipmaker Intel announced a 11% workforce reduction. The Redmond, Wash.-based company reported a 6% decline in fiscal third-quarter revenue to 20.5 billion. Earnings of 3.8 billion, or 47 cents per share, fell 25%in the same quarter a year ago.