Topline Former Google CEO Eric Schmidt on Sunday urged lawmakers to ramp up funding for research and development in the artificial intelligence space in order to prevent China from becoming the biggest player in the global AI market–a development Schmidt warned would spark national security and privacy concerns that could ultimately constitute a national emergency. Eric Schmidt speaks during a National Security Commission on Artificial Intelligence (NSCAI) … [+]… Source link
Read More »Star stockpicker Cathie Wood remains bullish on bitcoin, warns on banks
By David Randall NEW YORK, March 3 (Reuters) – ARK Invest founder and chief investment officer Cathie Wood reiterated her bullish position on Tesla and bitcoin on Wednesday while warning that the growth of digital wallets will “gut” traditional banks. Wood, whose $24.4 billion ARK Innovation exchange-traded fund is the largest actively managed ETF tracked by Lipper, said in a webinar her fund remains “opportunistic” despite the recent slide in the S&P 500 as investors have raised concerns over… Source link
Read More »Coronavirus update: AstraZeneca expects Phase 3 results soon; WHO warns against vaccine nationalism – Yahoo Finance
Bloomberg A Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »Google warns pandemic effects could hinder corporate culture in 2021
Alphabet CEO Sundar Pichai gestures during a session at the World Economic Forum (WEF) annual meeting in Davos, on January 22, 2020. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images) As Google prepares to return workers to offices in 2021, it is warning it may take a productivity and financial hit in the process, according to the company’s annual 10-K report. The company, known for its competitive, perks-fueled culture, employs 135,301 full-time workers and an… Source link
Read More »Congresswoman warns of surprise tax bills for unemployed workers if Congress doesn't act – Yahoo Finance
TipRanks 2 “Strong Buy” Penny Stocks With Over 200% Upside on the Horizon Let’s talk about risk and the big picture. It’s an appropriate time, as the big risk – presented by the COVID-19 pandemic – is finally receding thanks to the ongoing vaccination program. COVID is leaving behind an economy that was forced into shutdown one year ago while in the midst of a great expansion, boosted by the deregulation policies. While the new Biden Administration is busy reversing many Trump… Source link
Read More »Fauci warns against Super Bowl parties: 'Just lay low and cool it' – Yahoo Sports
With Super Sunday just four days away, Dr. Anthony Fauci has a warning for football fans who might be planning a big Super Bowl party amid the ongoing coronavirus pandemic: Don’t. “Just lay low and cool it,” Fauci, director of the National Institute of Allergy and Infectious Diseases, said on ABC’s “Good Morning America” on Wednesday. “As much fun as it is to get together in a big Super Bowl party, now is not the time to do that,” Fauci said on NBC’s “Today” show…. Source link
Read More »Putin warns world risks ‘fight of all against all’ and ‘grim dystopia’
Russian president Vladimir Putin speaks to participants of the the World Economic Forum via a video link, Wednesday 27 January 2021. Photo: Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP Society risks a return of world wars without a concerted international effort to avoid it, Russian president Vladimir Putin has warned. During a special address at the World Economic Forum’s virtual Davos Agenda conference on Wednesday, Putin said there were parallels between the current era and the… Source link
Read More »Google Warns Against Using Web Stories Teasers
Google published a blog post (and a video) with a guideline statement meant to discourage using the Web Stories format for the purpose of traffic acquisition. The article and the video note that there are growing amount of articles recommending the use of Web Stories as a teaser, a way to encourage visitors to click through and visit the website. The video notes: “One set of advice that might seem pragmatic at first but will almost certainly backfire. By just building teaser web stories as a… Source link
Read More »Goldman Sachs warns of a dangerous bubble in these 39 hot stocks
TipRanks 3 Top Dividend Stocks With Growth Opportunity; Goldman Sachs Says ‘Buy’ Investing is all about finding profits, and investors have long seen two main paths toward that goal. Growth stocks, equities that will give a return based mainly on share price appreciation, are one route. The second route lies through dividend stocks. These are stocks that pay out a percentage of profits back to shareholders – a dividend, usually sent out quarterly. The payments vary widely, from less than… Source link
Read More »Australian competition watchdog warns Google, Facebook laws are just the start
SYDNEY (Reuters) – Australia’s competition regulator has warned that planned laws to make the country the first in the world to force Google and Facebook to pay for news content were likely just the start of more regulation for digital platforms. The Australian government announced legislation last month after an investigation it said showed the tech giants held too much market power in the media industry, a situation it said posed a potential threat to a well-functioning democracy. Under… Source link
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