Since the dawn of the iPhone, many of the smarts in smartphones have come from elsewhere: the corporate computers known as the cloud. Mobile apps sent user data cloudward for useful tasks like transcribing speech or suggesting message replies. Now Apple and Google say smartphones are smart enough to do some crucial and sensitive machine learning tasks like those on their own. At Apple’s WWDC event this month, the company said its virtual assistant Siri will transcribe speech without… Source link

The Education Department (ED) is discharging $500 million in student loan debt held by 18,000 borrowers who had been defrauded by now-defunct for-profit chain ITT Tech, a sign that the Biden administration is working to address the borrower defense backlog.  “Our action today will give thousands of borrowers a fresh start and the relief they deserve after ITT repeatedly lied to them,” Education Secretary Miguel Cardona said in a statement. “Today’s action is part of the Biden-Harris… Source link

As bitcoin (BTC-USD) holds above $40,000, investors are laser-focused on the price gyrations, attempting to divine the next big move. One former trader at the New York Stock Exchange is demonstrating how technical analysis is ideally suited to analyzing and predicting cryptocurrency price movements. At a recent Yahoo Finance Plus webinar, Capital2Markets president Keith Bliss, explained to attendees that bitcoin and other cryptocurrencies don’t lend themselves to traditional fundamental… Source link

The bitcoin price was once again yo-yoing on Wednesday morning. Photo: Edward Smith/Getty Images The bitcoin (BTC-USD) price shot back above $40,000 (£28,346) following sessions of losses, but is treading water as fund managers say the cryptocurrency is in a bubble despite the price crash.  According to a Bank of America survey, 81% of fund managers say bitcoin is still a bubble. The flagship crypto fell around 37% last month and its price is down 38% from its $64,829 mid-April peak. The… Source link

Alphabet Inc.’s Google made a rare surrender to French and U.K. regulators last week when it offered global changes to its ad sales and tracking practices, marking a turning point in Europe’s long effort to rein in the search-engine giant. The move could prompt other enforcers around the world to follow that example after years of inquiries and megafines by the European Commission haven’t changed Google’s behavior. “Obtaining a settlement is likely to be a… Source link

More than 11,000 students and 3,000 proud parents turned up unmasked at a stadium in Wuhan, China, for a graduation ceremony. Stringer/Reuters China Thousands of students and their parents attended a graduation ceremony at a stadium in Wuhan, China. The grads in the coronavirus pandemic’s first epicenter weren’t wearing masks or social distancing. This is because China has reported fewer than 20 cases a day across its 23 provinces. Visit Insider’s homepage for more stories. For several thousand… Source link

SpaceX has had repeated run-ins with local authorities and residents stemming from its spaceport in Boca Chica, Texas. Loren Elliott/Getty Images Texas officials warned SpaceX it might have committed crimes by closing public roads, KGRW reported. In a letter, Cameron County DA Luis Saenz accused SpaceX of knowingly ignoring previous warnings. Saenz called the conduct “unacceptable” and threatened arrests for future violations. Sign up for the 10 Things in Tech daily newsletter. Local authorities… Source link

Financing led by Casdin Capital, Sofinnova Partners – initial seed investor, and an undisclosed investor Mnemo delivers epigenetic antigens, stronger T cells and best-in-class manufacturing established with groundbreaking research from Institut Curie and Memorial Sloan Kettering PARIS, June 16, 2021 /PRNewswire/ — Mnemo Therapeutics, a biotechnology company developing powerful cell therapies using a novel target identification engine, stronger T cells and best-in-class manufacturing, today… Source link

(Bloomberg) — Alibaba Group Holding Ltd. was the victim of a months-long web-scraping operation by a marketing consultant that siphoned up sensitive data including usernames and phone numbers, according to a court case that wrapped in June. A central Chinese court ruled that an employee of a consultant that helps merchants on Alibaba’s Taobao online mall was guilty of dredging up more than a billion data items on Taobao users since 2019, using that to serve clients. The court imposed jail… Source link

Momentum’s a funny thing, isn’t it? Two games into their Eastern Conference semifinals series, the Brooklyn Nets were up 2-0 and weren’t even in their final form. Despite missing James Harden, the Nets had steamrolled the Milwaukee Bucks twice, and looked like the NBA’s presumptive champion. Two and a half games later, they were well into a downward spiral, down 16 at the half despite the return of Harden and on the verge of a 3-2 series deficit. And now, thanks to Kevin Durant‘s best… Source link