This turns out to have been an awkward thing for Wells Fargo Chief Executive Officer John Stumpf to have said about Carrie Tolstedt, Wells Fargo's head of Community Banking, when she announced her retirement in July: "A trusted colleague and dear friend, Carrie Tolstedt has been one of our most valuable Wells Fargo leaders, a standard-bearer of our culture, a champion for our customers, and a role model for responsible, principled and inclusive leadership," said John Stumpf, Wells Fargo's chairman and chief executive officer. It turns out that Wells Fargo's community banking culture involved creating millions of fake accounts for customers to satisfy the bank's frenzy for cross-selling products and services. And Tolstedt now gets to bear the standard for that culture, as the Senate investigates, Fortune reports that "she will be walking away with 124.6 million in stock, options, and restricted Wells Fargo shares," and shareholders have called for her to be held responsible for the fake accounts by clawing back her pay: Another investor said: "If this person presided over this, why no accountability? We have share-based pay so that it can be clawed back when people have been earning bonuses under false pretences, and if fraudulently opening client accounts isn't false pretences, then I don't know what is." Wells Fargo's cross-selling scandal is so odd because it is both at the absolute core of the bank's business, and also curiously irrelevant.

BRANFORD, Conn., Sept. 13, 2016 -- BioXcel, a privately held biopharmaceutical company based in Connecticut, today announced that the U. S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to BXCL101 for the treatment of Neurofibromatosis Type 2 (NF2), an orphan disease with significant unmet medical need. BXCL101 is the first and only systemic therapy being developed to eliminate existing lesions and prevent the formation of new lesions by targeting the molecular mechanism of NF2 pathophysiology. BXCL101 is a proprietary version of an approved drug, bortezomib, adapted for chronic use in NF2 patients with both a novel dosing regimen and delivery approach. NF2 is a rare disease associated with neurologic and ophthalmologic abnormalities caused by benign tumors of the brain, spinal cord and peripheral nerves. BXCL101 is the first drug candidate discovered using BioXcel's R&D Platform, to be granted orphan drug status by the FDA.

So what is machine learning? Put simply, it is the science of enabling computers to learn and take action without being explicitly programmed. This is achieved through complex algorithmic models applied to data. From this are derived data-driven predictions or decisions. What has this to do with information security?

Call me optimistic, I'm a fan of the strong robot economy, where large-scale robot automation and artificial intelligence teams up to deliver us from evil and bring about a comparative paradise. But there will be pain, and not everyone is convinced the pain will be temporary. While science fiction has focused on the existential threat of AI to humans, researchers at Google's parent company, Alphabet, and those from Amazon.com, Facebook, IBM and Microsoft have been meeting to discuss more tangible issues, such as the impact of AI on jobs, transportation and even warfare. In recent years, however, the AI field has made rapid advances in areas, from self-driving cars and machines that understand speech, like Amazon's Echo device, to a new generation of weapons systems that threaten to automate combat.

We won't have robot doctors for a long time, but the human doctors we have now are beginning to lean on specialized artificial intelligence to help save time. Google DeepMind just announced a partnership with University College London Hospital which will explore using artificial intelligence to treat patients with head and neck cancers. The goal is to develop tools to automatically identify cancerous cells for radiology machines. Currently, radiologists employ a manual process, called image segmentation, to take CT and MRI scans and use them to create a map of the patient's anatomy with clear guidelines of where to direct the radiation. Avoiding healthy areas of the head and neck requires that map to be extraordinarily detailed; typically it takes four hours to create.

We live in an age of disruption -- when new technology and behavioral shifts that would have seemed unimaginable even a few years ago are transforming the way we live. Artificial intelligence and robotics are fundamentally reinventing the workforce. Drones and driverless cars are transforming supply chains and logistics, even as they challenge policymakers to rethink existing approaches to infrastructure and regulation. Millennials are changing consumption patterns and demand for everything from cars to real estate. Responding to disruption has become one of the biggest strategic imperatives facing today's business leaders and policymakers.

Anyone who books an Uber in Pittsburgh in the coming weeks may discover that the person behind the wheel is also a passenger. Uber will offer customers rides in robotic taxis within a matter of weeks or days. The company has been developing the technology for the past year and has been testing it on the streets of Pittsburgh. It will launch with about a dozen taxis, with the expectation of having 100 on the road by the end of the year. The taxis will have drivers who can take control in an emergency.

From launching a yearlong anti-ISIS airstrike campaign in Syria to conducting naval exercises in the South China Sea this week, Russia's military might is showing no signs of slowing after its global expo promoting the country's brand new weapons of war concluded Sunday. The International Military-Technical Forum, an event held this past week near Moscow called "Army-2016," featured more than 11,000 pieces of modern military hardware to show "the maximum range of the export potential of Russian high-tech military products, represented in the form of natural samples on static display and in action on land, water and in the sky," the official website says. Some of the items on display included bombs, air defense systems and unmanned vehicles for both the air and ground that Sputnik News called robots. Below are photos and video of 10 key state-of-the-art weapons of war Russia had on display. The horwitzer armored truck that is also known as the "Phlox" comes with a powerful cannon mounted on top that has the ability to shoot with precision targets that are more than 6 miles away.

With students from a range of science, technology, engineering, and math (STEM) competitions from across the country looking on, U.S. President Barack Obama delivers remarks after viewing science projects at the White House Science Fair, at the White House, March 23, 2015 in Washington, DC. (Photo: Drew Angerer/Getty Images) It is already a given fact that gender inequality still continue to persist in the field of education. Despite the government's efforts to ensure that all students should have access to high quality education, gender gap remain notable, particularly in STEM (Science, Technology, Engineering And Mathematics)-related and CTE (Career and Technical Education) curricula. Fortunately, artificial intelligence (AI) has been considered as a powerful tool in bridging the gender gap in STEM education. That's why, Stanford has launched a tuition-free AI camp called SAILORS to encourage young girls, as well as "underrepresented minorities" to explore STEM-related fields. Initially launched on the summer of 2015, Stanford Artificial Intelligence Outreach Summer aka SAILORS was created by computer science professor Fei-Fei Li and Postdoc (postdoctoral scholar) Olga Russakovsky.

Robots and artificial intelligence were once just the stuff of Hollywood fantasy, from the Star Wars and Terminator movies to Iron Man's JARVIS butler. However, intelligent machines that can simulate reasoning and develop knowledge to mimic human thought processes are now part of the real world -- and with that comes the risk of bias and cyber attack. Investment in artificial intelligence (AI) in the U.S. more than doubled to 587 million last year, and machine learning is expected to drive an increase in the use of robotics and software automation in coming years. AI algorithms are already used in investment, healthcare, programming, law, music, book and film recommendation services, games, and language learning -- to name but a few sectors. These uses often produce outcomes that would be unattainable by humans or do so at a far lower cost.