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SoftBank shares tumble 10% after OneWeb files for bankruptcy

The Japan Times

SoftBank Group Corp. fell as much as 10 percent after a provider of satellite-based internet service that it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares. OneWeb made the filing late Friday U.S. time after raising about $3.3 billion in debt and equity financing from shareholders including SoftBank, Airbus SE and Qualcomm Inc. since its inception. At least $1 billion of that came from SoftBank, which said it first invested in December 2016 and declined to give a total amount. It is the latest blow to SoftBank founder Masayoshi Son, who last week unveiled a plan to raise $41 billion to buy back shares and slash debt. The announcement sent the shares soaring more than 50 percent in just a few days.

Artificial Intelligence in Computer Networks Market 2019 Players, Size, CAGR, Applications, Types, Analysis, Trends, Forecast to 2024 – Nyse News Times


Global Artificial Intelligence in Computer Networks Market Report 2019 – Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Artificial Intelligence in Computer Networks industry. The report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment. For competitor segment, the report includes global key players of Artificial Intelligence in Computer Networks as well as some small players.

Top Information Technology Trends in 2020 You Need to Know


The IT revolution drives an extraordinarily decline in cost and an accelerated increase in the overall processing power of digital technologies. Internet which has come a long way from ARPANET to the WORLD WIDE WEB, is the best example of revolutionized communication. This indicates that the Internet; the very digital institution on which the whole Global Information Technology Industry (that includes hardware, software, telecommunications, and another evolving tech) is built on, equals a whopping value of $ 5 Trillion. According to Moore's law, the processing power in computers doubles every 18 months, which means that many trends come, had made an impact and have gotten replaced. Artificial Intelligence is going to take the Forefront: People from 80s would know that Artificial Intelligence was an advertised hype especially in western movies, but 40 years later AI has now become the best technological reality.

3 Top Artificial Intelligence Stocks to Watch in January The Motley Fool


January should be a busy month, with many AI companies reporting or getting ready to report full-year 2019 results and providing an early glimpse into 2020. The beginning of a new year -- and more importantly a new decade, one in which global spending on AI is expected to surge by tens of billions of dollars a year -- is thus time to review the portfolio and make some new additions. Where many articles (rightly) focus a lot of attention on artificial intelligence software development, I instead want to take some time to highlight the hardware that makes it all possible. After all, many tech hardware companies were stuck in a rut in 2019 as data center constructors took a breather and the trade war between the U.S. and China took a toll. It appears that slump could be turning a corner in the new year, though.

How the Intelligent Enterprise Is Reshaping Direct Spend and Supply Chains


By some estimates, the world generates 2.5 quintillion bytes of data every day. Yet only a sliver of that volume, much of it residing on enterprise servers, is fully leveraged to drive a deep understanding of the enterprise and how to improve it. What value lies untapped within all that data? As business leaders grapple with these questions, they rely increasingly on emerging cognitive technologies like artificial intelligence, machine learning and blockchain. When these technologies are coupled with cloud-based multi-enterprise networks, thought-leading companies are able to unearth, analyze and act upon critical insights across business lines and foster the emergence of intelligent enterprises.

A Changing Internet: The Convergence Of Blockchain, Internet Of Things, And Artificial Intelligence


As the internet evolves, what will be the impact of the convergence of the current IoT infrastructure with blockchain and artificial intelligence? The internet is evolving beyond its technical infrastructure. As we move towards creating an integrated cyberspace, aquaspace, geospace and space (CAGS) internet of everything (IoE) ecosystem that benefits from the fast-tracking technology, application trend paradigm shifts, and convergence beyond blockchain and artificial intelligence, it raises more questions than answers. The reason behind that is the existing and emerging technologies that have created the internet of things (IoT) are not changing just the internet, but they are instead altering the very things connected to the internet: the devices, sensors, and gateways on the edge of the distributed network that can request a service or start an action without human intervention. As a result, the evolution of the internet is happening at many levels considering artificial intelligence (AI) can now take the petabytes of data they have from a distributed network and extract meaningful information from it.

The internet is yesterday's news in China -- Aimley


While all of this was happening, technically savvy and internationally educated entrepreneurs with compelling tech had easily attracted venture capital to set up a bunch of startups that brought niche artificial intelligence apps to a broader market. These startups are collectively referred to as China's "4 CV Dragons". CV, in this context, means "computer vision", and apart from the more common AI tech like facial recognition, for example, these CV companies have also used AI technologies to transform a variety of other industries. Tencent, the highest value company out among the dragons, has roots in gaming and online services and was strictly consumer-facing, but in 2018 it made dramatic changes in response to this new trend. For the first time in six years they announced a major restructuring to move from a consumer business towards one that caters to industries as well.

The Promise of AI and 5G Convergence in the Internet of Context


Written by Dr. Kirk Borne In the world of digital transformation, there is no lack of "hot topics" to discuss. Emerging technologies are truly emerging everywhere. What is most exciting -- and what demonstrates their greatest promise -- is that these new technologies are converging. Among the hottest technologies that have been (or soon will be) converging are Big Data, Machine Learning (ML), Artificial Intelligence (AI), Internet of Things (IoT), drones, Augmented Reality (AR), Virtual Reality (VR), immersive mixed reality environments, digital twins, Blockchain, and (soon) 5G (fifth-generation cellular wireless technology). We will focus here on only a few of those.

Vietnam's CMC strives for IoT with Samsung's commitment


A unit of South Korea's Samsung Electronics has bought a 30% stake for more than $40 million in Vietnam's second-largest IT company CMC Corp. which hopes to use most of those proceeds to focus on developing the "internet of things" and artificial intelligence technologies. CMC hopes this expanded partnership with Samsung, which has a global reach, will help to double its overseas sales to more than 30% of its total by 2023. CMC has been making computer systems and services related to internet of things for Samsung since 2016. Samsung has now completed the acquisition of a 25% stake in new CMC shares and the other 5% by buying on the Ho Chi Minh Stock Exchange. Chairman and CEO Nguyen Trung Chinh said this commitment from Samsung will propel CMC to becoming a global company in the next five years.

Blockchain and IoT: The Dynamic Duo


In a world where technologies are maturing extremely fast, two of the technologies – Blockchain and IoT are gaining popularity exponentially. To be frank, both of these technologies are really changing the way the world works right now. Take IoT for example; it's practically a part of our daily lives right now. On the other hand, blockchain technology happens to gain popularity among enterprises. In reality, both these technologies go hand in hand and create a solid technological duo. That's why we'll be covering everything related to blockchain and IoT in this guide. Well, let's start with the basics. If you search it on the web, you'll probably see a lot of technical answers, which really won't help you out much. "It's a system or interconnection of everyday computing devices and objects via the internet, which enables them to receive and send data." Let me explain it more simply. Furthermore, it's safe to say that these devices are connected to the internet. You see, in reality, the internet really is a game-changer. Just imagine all the benefits you are getting just on the internet. In the old days, you could only call and message using the phone. However, now you can play games, read a book, listen to music, watch a movie, etc. all on the internet! So, with the introduction of smart devices, almost everything is within your reach. However, with technological advancements, now, all the devices connected to the internet can connect with each other without needing a human medium. That means your mobile can talk to your desktop or your smart home devices. Furthermore, many companies can now get access to their respective industries data automatically without manually collecting them. Moreover, they can even control them from online. The concept of the internet of things is a bit broad, and a lot of things fall under it. Additionally, the possibilities are huge and making our lives easier than ever. Well, the issue is, why does the internet of things matter in the first place? If any device is connected to the internet, then it can send and receive information from the internet. Thus, this ability in the devices makes it smart. For example, now you can use your smartphones to play games. Moreover, if you want, you can use it to play any kind of mobile games on your device. But it doesn't mean that your smartphone came with all the games in the world. In reality, it's just connecting to the internet and letting you get access to it. All the games that you are playing are stored somewhere else.