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AI

Facebook open-sources PyText framework for building natural-language systems

By Mike Wheatley Dec 14, 2018

Facebook Inc. wants to help make it easier for developers to build and deploy artificial intelligence-based natural language processing systems. To do so, today it’s open sourcing a new NLP modeling framework called PyText…

AI

IBM rolls out new platform to address bias in AI decision making

By Mike Wheatley Dec 14, 2018

IBM Corp. is trying to mitigate the problem of bias in artificial intelligence-based decision-making with a new platform released early today that can inform people how AI models come to their conclusions. The company…

Apps

Facebook slams report that fact-checkers were hired only for ‘crisis PR’

By James Farrell Dec 13, 2018

Facebook Inc. is criticizing a scathing report published by The Guardian Thursday in which former and current fact-checkers said they were hired for face value rather than to do a meaningful job. The report…

Security

Spam emails threaten to explode bomb unless bitcoin is paid

By Duncan Riley Dec 13, 2018

A spam campaign with a difference is causing widespread alarm across the western world with a threat to detonate a bomb if the recipient doesn’t make a bitcoin payment. The campaign involves a number…

Security

New version of infamous Shamoon malware targets oil and gas industry

By Duncan Riley Dec 13, 2018

A new version of Shamoon, a form of malware that infamously caused damage to Saudi Aramco, Saudi Arabia’s largest oil producer in 2012, has been used in new attacks in the Middle East. The…

Blockchain

After raising $133M from top-tier investors, hyped ‘stablecoin’ Basis closes

By Duncan Riley Dec 13, 2018

A hyped stablecoin that raised more than $100 million earlier this year from top Silicon Valley venture capital firms has closed, blaming regulatory issues for its demise. Called Basis, the stablecoin, formerly known as Basecoin,…

Emerging Tech

Some Arizona residents attacking Waymo self-driving vehicles

By Duncan Riley Dec 13, 2018

Some residents of Phoenix, Arizona, have taken to attacking Waymo LLC self-driving vehicles in an apparent backlash to the use of the technology on their streets. In the last two years, 21 incidents involving…

IoT

GE to spin off digital business as a standalone industrial IoT company

By Mike Wheatley Dec 13, 2018

General Electric Co. ended months of speculation about the fate of its digital business unit today, saying it plans to spin it off as a standalone industrial “internet of things” company. GE has also…

Emerging Tech

Imax shuts down VR business as interest continues to wane

By Duncan Riley Dec 13, 2018

Cinema technology company Imax Corp. is shutting down its virtual reality business as interest in the technology continues to wane. Imax raised $50 million for a “virtual reality fund” in partnership with Acer Inc., the…

Cloud

Adobe beats earnings estimates, but acquisition costs weigh on forecast

By Paul Gillin Dec 13, 2018

Updated: Adobe Systems Inc. today issued fiscal fourth-quarter results that initially baffled investors, who first bid shares up by 3 percent in after-hours trading but then sent them down more than 1.3 percent, wiping…

explore news

Facebook slams report that fact-checkers were hired only for ‘crisis PR’

Spam emails threaten to explode bomb unless bitcoin is paid

New version of infamous Shamoon malware targets oil and gas industry

After raising $133M from top-tier investors, hyped ‘stablecoin’ Basis closes

Some Arizona residents attacking Waymo self-driving vehicles

Imax shuts down VR business as interest continues to wane

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