Government
Steve Jobs' widow is giving two L.A. teachers 10 million to start a school for homeless and foster youth
Instead of going to school, school will come to you. That's the prize-winning idea behind RISE High, a proposed Los Angeles charter high school designed to serve homeless and foster children whose educations are frequently disrupted. Los Angeles educators Kari Croft, 29, and Erin Whalen, 26, who came up with the idea, won 10 million in XQ: The Super School Project, a high school redesign competition funded by Laurene Powell Jobs, the widow of Steve Jobs. RISE is one of 10 10-million winning school projects nationwide. Winners receive the prize money over five years.
Trial opens for alleged 'all-star team' of Chicago gangsters
The Hobos gang came calling for Keith Daniels on an April evening three years ago. Daniels, a key witness in a drug trafficking case against the gang's feared leader, had been relocated by authorities to the southern Chicago suburb of Dolton for his safety. But when the 27-year-old father pulled into his driveway with his wife and her two young kids, a gunman walked up and opened fire through the windshield, according to court records. Daniels bailed out of the car and tried to run but was quickly cut down by more than two dozen bullets as the children, ages 6 and 4, screamed in the backseat. After the assailant jumped into a waiting SUV and sped off, Daniels' wife called 911 to report her husband had just been shot.
Mayor Eric Garcetti promises free community-college tuition as Jill Biden helps launch L.A. initiative
Speaking in a theater packed with cheering students, Mayor Eric Garcetti reiterated his promise Wednesday to make one year of community college free for eligible high school graduates, beginning next year. Inside the doors of Los Angeles City College's El Camino Theater, a band played while staff distributed promotional T-shirts to high school and community college students in the audience. Onstage, elected officials congratulated each other on the launch of "L.A. College Promise," and on drawing the attention of their high-profile guest: Jill Biden, wife of Vice President Joe Biden and a longtime educator. The program held enormous potential, everyone agreed. But five months after the mayor dropped a mention of the free-tuition proposal into his annual State of the City speech, Garcetti had few details to offer.
Justice Department is investigating Wells Fargo sales tactics
The Justice Department is investigating Wells Fargo & Co.'s improper sales tactics, according to a person familiar with the probe. Federal prosecutors in San Francisco and New York are in the early stages of an investigation that could lead to criminal or civil charges, the person said Wednesday. Last week, the San Francisco bank agreed to pay 185 million to settle investigations by Los Angeles City Atty. The sales tactics, first uncovered by the Los Angeles Times in 2013, involved thousands of bank employees opening as many as 2 million accounts that customers did not authorize in order to meet aggressive sales goals. The local and federal investigations described some of the steps employees took to open the accounts as fraudulent and illegal.
After Pittsburgh, self-driving cars are heading to New England
The city of Boston said Wednesday that it plans to start testing a small fleet of autonomous vehicles within a year in a pilot project that could turn the streets of Beantown into a playground for engineers and policymakers. Along with the testing of robotic cars, the program will focus on designing policies to support the "transformative" technology, said Mayor Marty Walsh. It's part of a study on the future of transportation backed by the city's transportation department, its Office of New Urban Mechanics and the World Economic Forum. City officials don't appear to have decided which company's self-driving cars they want to use yet. A statement from the mayor's office said Boston would be working with "mobility industry leaders," and Kris Carter, a co-chair of the New Urban Mechanics office, told the Boston Globe that the project would be open to "talking with anybody."
18 Corporations Working On Quantum Computing
Useful quantum computers are closer to becoming a reality as some of the world's biggest corporations try to bring the technology from the lab into the practical world. A quantum computer utilizes subatomic particles called qubits to speed up the solving of complex computations. Near-term expectations for quantum computers range from solving optimization problems to quantum-encrypted communications, and more. With the help of CB Insights' investment, acquisition, and partnership data, we identified 18 corporate groups involved in the development of commercialized quantum computing hardware and software. They are a diverse group of players, ranging from tech industry behemoths to defense contractors to national telecommunications companies.
Artificial Intelligence, Virtual Reality and Startups take Center Stage at Innovate! and Celebrate
ARLINGTON, Va.--(BUSINESS WIRE)--The Consumer Technology Association (CTA) today announced additional programming for Innovate! Jointly produced by CTA and Tech.Co, the event's combined programming will feature event offerings from both organizers for an audience of industry influencers and innovative tech startups. "We are thrilled to bring Innovate! "Hosting our conference in Silicon Valley's backyard enables us to provide even more opportunities for startup founders from across the world to meet nationally recognized accelerators and investors, gain valuable knowledge and connect with resources that will help amplify their efforts to build a high-growth company," said Frank Gruber, CEO and Co-Founder Tech.Co. Registration is open for Innovate!
SERAPEUM EXPERT SYSTEM
An Expert system solves problems that are normally solved by human experts. We believe that SERAPEUM is even better in the sense that the speed of responses is unmatched by a human being. An expert system consists of a knowledge base of the domain, in our case tax law that draws both from public databases or private, reasoning mechanisms to apply knowledge to problems that are proposed mechanisms to explain the users the reasoning used when providing a response and mechanisms of learning and acquiring new knowledge. SERAPEUM also provides references to information that is based (whether Judgments, Legislation and Consultations resolved by the Director General). To create a knowledge base is necessary to have at least one human expert's domain. In our case has been formed through questionnaires and experience accumulated over time of various professionals in tax law.
The Morning Download: Price of Artificial Intelligence May Be Set for Big Decline
The sale of artificial intelligence-based platforms to business started off as a multi-million dollar pitch targeted toward the CEO, according to Nova Spivack, the founder and CEO of Bottlenose. The Los Angeles-based startup is looking to automate the application of AI to business intelligence, as well as much of the work of data scientists, currently in scarce supply. That should lower the price, a lot. In recent years, AI-driven applications have been targeted toward the CIO. In the future, Mr. Spivack says, they well may be sold directly to business leaders, and the price will drop to thousands or even hundreds of dollars per user, he told CIO Journal.
Volkswagen is founding a new cybersecurity firm to prevent car hacking
As cars become more computerized, they're also facing a greater risk of being hacked. That's why Volkswagen is founding a new cyber security company devoted to protecting next-generation vehicles. On Wednesday, the automaker said it would partner with a former Israeli intelligence agency director to jointly establish a new company, called Cymotive Technologies. It's unclear how much Volkswagen is investing in the new firm, but security experts have been warning that internet-connected cars and self-driving vehicles could one day be a major target for hackers. Even older cars from Volkswagen are vulnerable.