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Researchers say ocean winds could power all of human civilization

“The scientists who conducted the research say that wind energy gathered from floating wind farms over very deep ocean waters could be the next big step for wind energy technology” reports slashgear.com. Researchers say ocean winds could power all of human civilization If you have ever been to a beach anywhere, you know that the wind blows constantly onto the land from the water.Another big catch for wind power over large swaths of the ocean is that we would need to learn how to maintain and install the turbines in…

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SoftBank leads a $164M investment in location platform Mapbox

“Son is having many of the same conversations with entrepreneurs these days as he looks to spread investments from the Vision Fund” writes Katie Benner for nytimes.com. Gundersen helps explain why SoftBank and its Vision Fund has invested hundreds billions of dollars in a seemingly random sample of more than two dozen companies since the fund was announced.Son, who is already talking about a second Vision Fund, does not insert himself into the day-to-day operations of most of the companies he has invested in.Like many other entrepreneurs, Mr.Son has consistently…

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Menlo Ventures banks on tech-driven life sciences, adds Greg Yap as new partner

“The Menlo Park, California-based venture capital firm announced today that it is adding Greg Yap as a partner to lead investments in health, medical, and life sciences technologies” writes B R Nice for venturebeat.com. After a twenty-something-year hiatus, Menlo Ventures has decided to dive back into the health care sector. Source: venturebeat.com Share This:

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News Regulators Reviews 

Policy Daily Review October 10, 2017

Policy Daily Review for October 10, 2017 ECB Says Eurozone Banks Well Equipped To Cope With Rate Shocks Eurozone banks are well equipped to cope with sudden or sharp changes in the interest rate environment, the European Central Bank said Monday, citing results from a test that used six different hypothetical interest rate shocks.   Asia AM Digest: Yen and Aussie Dollar Eyeing BOJ, RBA Commentary The Japanese Yen and the Australian Dollar are looking to comments from BOJ Governor Haruhiko Kuroda and RBA Deputy Governor Guy Debelle for direction…

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Markets News 

Nokia focuses on patent, brand and technology licensing and targets faster growth in digital health …

“Nokia Technologies will also focus on growing brand and technology licensing while leaving its successful patent licensing business untouched” reports nokia.com. In digital media, the slower-than-expected development of the VR market means that Nokia Technologies plans to reduce investments and focus more on technology licensing opportunities.Through a more focused, more agile digital health business, Nokia aims to have larger impact with consumers and the medical community.Espoo, Finland – Nokia today announced plans to sharpen the focus of Nokia Technologies on digital health, and accelerate growth in that market, while optimizing…

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News Platforms 

Google: Russian Operatives Exploited Our Platforms And Bought Ads To Interfere With The 2016 Election

“Google has found evidence that Russian operatives leveraged the company’s platforms to interfere with the 2016 election, says reports citing anonymous sources familiar to Google’s investigation” writes Tech Times for techtimes.com. The House and Senate intelligence committees have invited Google to testify publicly on Nov. 1 about attempts by Russian operatives to influence the outcome of the 2016 election.Microsoft, for one, said on Monday, Oct. 9, that it was investigating if Bing or any of its other platforms were used by Russian operatives.Google’s admission adds more fuel to the scrutiny…

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News Platforms 

Flipboard debuts self-service program to expand publisher opportunity

“Flipboard has announced a new publisher-centric, self-service platform with the intention of leveraging mobile standards and a program that rewards reader-friendly content on the platform” writes All Doug for thedrum.com. Once a feed is on the platform, articles are algorithmically indexed and surfaced in related topics and smart magazines across Flipboard.And, with the advancements in design and mobile standards, we are now able to open our platform to millions of sources.The new platform makes it easier for publishers to incorporate their RSS feeds for review and, when approved, inclusion on…

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Markets News 

Nokia Pulls Out of ‘Slow-Developing’ Virtual Reality Business

“The virtual reality market may have a lot of buzz around it at the moment, but not enough for Nokia, maker of the groundbreaking Ozo VR video camera” reports fortune.com. Nokia said Tuesday that its Technologies division would from now focus on the digital health business that stemmed from its purchase of Withings last year. The question now is whether the VR market is slow to develop on the consumer level, as well as in the world of professional movie production. Source: fortune.com Share This:

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Nokia is killing off its Ozo virtual reality camera and cutting 310 jobs

“Correction: The article has been updated to clarify that 1,090 people work in Nokia Technologies, not the whole company” writes Oct Edt for theverge.com. Nokia will now focus on its digital health portfolio, which includes Withings, the company it purchased in 2016.The company currently employs around 1,090 people in its technology arm, so the job cuts mean it will lose close to a third of its workforce in Nokia Technologies. Source: theverge.com Share This:

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Nvidia’s new Pegasus AI computer is designed to drive autonomous taxis

“Nvidia revealed a new artificial intelligence computer based on its Drive PX platform designed specifically to bring Level 5 (completely self-driving) autonomous vehicles to market” writes Minutes Ago Matthew for techcrunch.com. Pegasus is set to be available to Nvidia partners during the second half of 2018, while companies can get started now with Drive PX 2 if they want to chart a path to upgrade later on. Source: techcrunch.com Share This:

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