Nvidia reported revenues of $5.0 billion for its fourth fiscal quarter ended January 31, up 61% from a year earlier. The revenues and non-GAAP earnings per share of $3.10 beat expectations as new gaming hardware and AI products generated strong demand. A year ago, Nvidia reported non-GAAP earnings per share of $1.89 on revenues of $3.1 billion. The Santa Clara, California-based company makes graphics processing units (GPUs) that can be used for games, AI, and datacenter computing. While many businesses have been hit hard by the pandemic, Nvidia has seen a boost in those areas.
NEW YORK (Reuters) - Thomson Reuters Corp will streamline technology, close offices and rely more on machines to prepare for a post-pandemic world, the news and information group said on Tuesday, as it reported higher sales and operating profit. The Toronto-headquartered company will spend $500 million to $600 million over two years to burnish its technology credentials, investing in AI and machine learning to get data faster to professional customers increasingly working from home during the coronavirus crisis. Thomson Reuters' New York- and Toronto-listed shares each gained more than 8%. It aims to cut annual operating expenses by $600 million through eliminating duplicate functions, modernizing and consolidating technology, as well as through attrition and shrinking its real estate footprint. Layoffs are not a focus of the cost cuts and there are no current plans to divest assets as part of this plan, the company said.
"I don't use Facebook anymore," she said. I was leading a usability session for the design of a new mobile app when she stunned me with that statement. It was a few years back, when I was a design research lead at IDEO and we were working on a service design project for a telecommunications company. The design concept we were showing her had a simultaneously innocuous and yet ubiquitous feature -- the ability to log in using Facebook. But the young woman, older than 20, less than 40, balked at that feature and went on to tell me why she didn't trust the social network any more. This session was, of course, in the aftermath of the 2016 Presidential election. An election in which a man who many regarded as a television spectacle at best and grandiose charlatan at worst had just been elected to our highest office. Though now in 2020, our democracy remains intact.
Facial recognition technology has been banned by multiple US cities, including Portland, Boston, and San Francisco. Besides the very real risk of the tech being biased against minorities, the technology also carries with it an uneasy sense that we're creeping towards a surveillance state. Despite these concerns, though, work to improve facial recognition tech is still forging ahead, with both private companies and governments looking to harness its potential for military, law enforcement, or profit-seeking applications. One such company is an Israeli startup called AnyVision Interactive Technologies. AnyVision is looking to kick facial recognition up a notch by employing drones for image capture.
Regional Cancer Care Associates, based in New Jersey, has more than 20 locations throughout New Jersey, Connecticut, Maryland, Pennsylvania and the Washington area. Staff realized they needed a risk-stratified list of patients for COVID-19 vulnerability that nurses could manage through phone calls and by coordinating services with other providers. Because of staffing challenges, the list had to identify only the high-risk patients who staff needed to manage first, not the entire population or those patients who could wait a bit longer for nurse outreach. "Even though we already had an indigenous and independent scoring logic/mechanism for patient risk, this was mainly based on a combination of comorbidities that differentiated it from the usual scoring techniques," explained Lani M. Alison, vice president of quality and value transformation at RCCA. "Thus," she said, "there was a need to further stratify the risk patients for COVID-19 vulnerability and to establish a patient-centered assessment and outreach." On another note, staff observed challenges in assigning these patients and a defined patient roster to care coordination executives or support staff, which was hindering a patient-centric outreach approach, Alison added.
For all their simplicity, viruses are sneaky little life forces. Take SARS-Cov-2, the virus behind Covid-19. Challenged with the human immune system, the virus has gradually reshuffled parts of its genetic material, making it easier to spread among a human population. The new strain has already terrorized South Africa and shut down the UK, and recently popped up in the United States. The silver lining is that our existing vaccines and antibody therapies are still likely to be effective against the new strain. "Viral escape" is a nightmare scenario, in which the virus mutates just enough so that existing antibodies no longer recognize it.
One in 5 Americans surveyed say they own an Amazon Echo smart speaker (from $39), supported by new data published by Trading Platforms, a leading education and comparison platform for online traders. This is consistent with Edison Research and NPR's Smart Audio Report findings. Google Nest is its next closest competitor with roughly 8 percent of the U.S. market share, according to Trading Platforms. Considering how many of us are confined to our homes because of COVID-19, we may be using these devices more, too. "Before the pandemic, most people used their smart speakers for getting the weather and listening to music. But over the past year, they've become our meditation guides and yoga teachers, our homework helpers and bedtime story readers, the way we discover new recipes and local takeout spots – and so much more," says Katherine Prescott, Founder and Editor of VoiceBrew, which distributes an email newsletter devoted to smart speakers, Monday through Thursday.
Japan's hot startup stocks have two things in common: They do business in areas that could be described as mundane, and they've pushed their founders into the league of the ultrawealthy. Take AI Inside Inc., which helps turn handwritten documents into electronic files. Or Rakus Co., whose goal is to help small and midsize enterprises with their bookkeeping and emailing services. Their shares have all more than doubled in the past year, enriching their founders and leading to talk of a burgeoning tech scene that's very different from Silicon Valley. While the companies are using technologies like artificial intelligence and cloud computing, they're applying them in less sexy ways.
As Southern California last month reeled from a COVID-19 surge that overwhelmed hospitals, bottlenecked ambulance systems and killed thousands, a physician hosted a conference in Culver City. Peter Diamandis, who is also an engineer, executive and scientist, believed he could create an "immunity bubble" and safely host a scaled-down version of his pricey annual tech conference. Instead, the conference became a superspreader event that infected 24 people, including Diamandis, with the novel coronavirus. "I thought creating a COVID'immunity bubble' for a small group in a TV studio setting was possible," Diamandis, 59, wrote in a blog post last week. In a statement to The Times, Diamandis said none of the cases, including his, were serious, and "virtually all have fully recovered."
New York – Dating apps offer a snapshot about a person's life, but in the space of a few weeks, a surprising health issue has emerged as a dealmaker or heartbreaker: Have you had the coronavirus vaccine? Some are bragging they have gotten the shot in order to better their chances, while others are using it to justify what one singleton described as "the most 2021 rejection ever." But can you trust every lonely heart who claims they've been inoculated against COVID-19? Samantha Yammine, a scientist who often talks on Twitter about health issues, says she's received messages about "dudes on dating apps claiming they're'totally safe for close contact' because they have received the vaccine." Of course, most young people using dating apps are not in vaccination priority groups at the front of the line, so some see having gotten the shot as a sort of golden ticket for hooking up.