Goto

Collaborating Authors

Perihelion Capital Ltd. Announces Qualifying Transaction With Think Technologies Corp.

#artificialintelligence

The Proposed Transaction is expected to proceed by way of a three-cornered amalgamation or such other structure as may be agreed to by the parties. As part of the Proposed Transaction, the shareholders of Think will receive approximately 48,470,000 common shares in the capital of the Company in exchange for their shares of Think at a deemed price of $0.10 per common share of the Company. The Proposed Transaction may be structured in any manner agreed to between the Company and Think and the final structure is subject to the receipt of tax, corporate and securities law advice by both the Company and Think. The parties currently anticipate entering into a definitive agreement in respect of the Proposed Transaction on or around September 30, 2020 and completing the Proposed Transaction on or around November 30, 2020, or as otherwise agreed to by the parties. In connection with the Proposed Transaction, the Company shall complete a private placement (the "Private Placement") financing of not less than $2,780,000 at a price per security of $0.20, or such other terms as may be agreed between the Company and Think, on a best efforts basis to be arranged by such brokers as may be agreed to between the Company and Think. In addition, and prior to the closing of the Proposed Transaction, Think may, in its sole discretion, complete a private placement financing for gross proceeds of up to $500,000 at a price per security of not less than $0.10, on a best efforts basis, or on such other terms as agreed to between the Company and Think. The Proposed Transaction is subject to a number of conditions, including but not limited to, the parties successfully entering into a definitive agreement in respect of the Proposed Transaction, the completion of the Private Placement, receipt of all necessary approvals, including the approval of the Exchange, and certain other closing conditions, including the completion of satisfactory due diligence by the Company. Additional information regarding the Proposed Transaction will be set out in a comprehensive filing statement (the "Filing Statement") which will be filed with the Exchange and posted on the Company's profile on SEDAR (www.sedar.com).


Trump revealed highly classified material to Russian officials, Washington Post reports

PBS NewsHour

JUDY WOODRUFF: The White House is facing a new storm tonight: The Washington Post and others report President Trump divulged highly sensitive information on the Islamic State group to the Russian foreign minister and ambassador last week. The accounts say it may have jeopardized the source of the intelligence. And Secretary of State Rex Tillerson said Mr. Trump never discussed sources, methods or military operations. Meanwhile, Democratic Sen. Mark Warner said it's "a slap in the face to the intelligence community" -- if it's true. A spokesman for House Speaker Paul Ryan said protecting secrets is paramount, and the speaker quote, "hopes for a full explanation."


2 takes on the law used to judge Clinton's email use

PBS NewsHour

JUDY WOODRUFF: And we move from the politics back to the legal questions raised by the FBI's and now the attorney general's decision not to recommend criminal charges be filed. And we do that with Shannen Coffin. He is an attorney in private practice. He previously served as a deputy assistant attorney general for the Civil Division at the Department of Justice and as counsel to Vice President Cheney. And Stephen Vladeck, he's a professor at the University of Texas School of Law, where he focuses on federal jurisdiction, constitutional law, and national security law.


Hybrid Intelligence: Coupling AI and the Human Brain

#artificialintelligence

Edward Boyden: Humans and machines have been merging for thousands of years. Right now I'm wearing shoes, I have a microphone on my jacket, we all probably used our phones at least once today… And we communicate with the augmentation of all sorts of amplification and even translation technologies: You can speak into a machine, and it'll translate the words you're saying in nearly real time. So I think what might be different in the years to come is a matter of degree, not a matter of kind. One concept that I think is emerging is what I like to call the brain coprocessor, a device that intimately interacts with the brain. Imagine that you could have a technology that could replace lost memories or augment decision making or boost attention or cognition.


How could Trump's Russian disclosure affect intelligence sharing?

PBS NewsHour

JOHN YANG: Now for some insights on this apparent disclosure, and the wider effects on intelligence-gathering and sharing, I'm joined by two men with deep knowledge of the U.S. intelligence community and the partnerships it relies upon. James Woolsey served as director of the CIA from early 1993 until January 1995. He was an adviser to President Trump's campaign last year. And Andrew Exum, he was former deputy assistant secretary of defense for Middle East policy in the Obama administration. Mr. Woolsey, let me start with you.