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Headset catches early signs of dementia by scanning brain waves 

“It monitors electrical brain activity to spot patterns that could be early indicators of brain conditions” writes James Titcomb for telegraph.co.uk. BrainWaveBank is working with First Derivatives, an Aim-listed big data company whose technology is typically used by banks and regulators to spot trading patterns.The company is backed by Innovate UK, the Government’s tech investment arm, and is currently testing its headset with around 90 people.But the rise of cheaper sensors and machine-learning technology could mean establishing patterns that are reliable indicators of illness. Source: telegraph.co.uk Share This:

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The best small cities to raise a family

“In order to find the best small cities to raise a family, we looked at data on nine factors” writes Derek Miller for aol.com. In order to find the best small cities to raise a family, we looked at data for 210 cities which had a population between 65,000 and 100,000.Small cities come without much of the hustle and bustle of larger cities or the sky-high costs of living. Source: aol.com Share This:

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Data centers, new iPhones expected to drive chip companies to strong earnings

“High-profile smartphone releases and the growth of data centers are expected to drive another strong earnings quarter for chip makers and related companies, which would put a cap on a strong year for semiconductor stocks” writes Wallace Witkowski for marketwatch.com. Continued growth from purchasing managers globally points to another strong quarter in the semiconductor industry, RBC Capital Markets reported in a recent note.September PMI figures are still above 50—indicating growth—in the U.S., Japan, the eurozone, China, and South Korea as a bright spot for chip makers heading into earnings season,…

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Whole Foods data breach affected about 100 taprooms, restaurants

“Whole Foods Market said Friday that a data breach involving credit-card charges made at the grocer’s taprooms and full-service restaurants affected about 100 venues in its stores over a six-month period” reports foxbusiness.com. It didn’t impact transactions at its grocery stores, only in-store bars and restaurants, the company said.The company said the hack lasted from March 10 until Sept. 28 and included bars and restaurants in 30 states, including California, Florida, Pennsylvania and Virginia. Source: foxbusiness.com Share This:

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There’s now a clear reason why September’s jobs report was terrible

“The September jobs report showed a stunning drop in net nonfarm payrolls by 33,000, the first time the US economy shed jobs since 2010” writes Akin Oyedele for businessinsider.com. “There was also noticeable, but less dramatic, weakening in the data for some other areas affected by recent storms, including Texas,” Silver said. However, the number of working-age people who aren’t looking for jobs has not fully recovered to its pre-recession level.The trend in jobs growth slowed down even in areas that were not affected by hurricanes.That gap in forecasts —…

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Wall Street’s Robots Still Have a Lot to Learn About Being a Human Trader

“See the graphic: Robots of Wall Street are coming for these trading jobs One not-so-well kept secret of Wall Street is that many companies rely on aging computers” writes unknown author for bloomberg.com. The average age of software in finance is about 38 years, according to technology tracker CB Insights. Source: bloomberg.com Share This:

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First Data to acquire BluePay for $760 million in cash

“FDC, +1.15% said Friday it has reached a deal to acquire BluePay Holdings Inc. from its owners, including TA Associates and BluePay managers, for $760 million in cash” writes Ciara Linnane for marketwatch.com. First Data is expecting the deal to close in the fourth quarter and to boost earnings in its first full year after closing. First Data shares were not yet active in premarket trade, but have gained 30% in 2017, while the S&P 500 SPX, +0.03% has gained 14%. Source: marketwatch.com Share This:

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Japan standards inspectors search Kobe Steel over faked data

“Meanwhile, the Environment Ministry said it was investigating environmental impact data from Kobe Steel for a coal-fired power plant in the city of Kobe in western Japan” writes The Associated Press for seattletimes.com. TOKYO (AP) — Japan’s industrial standards inspection agency was searching offices of metals maker Kobe Steel on Friday as investigations into falsified data on its products widened.Many Kobe Steel customers have said they are checking into the problem. Source: seattletimes.com Share This:

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Salesforce Einstein CRM arrives at Ulster Bank, as AI keeps transforming financial services

“Salesforce Einstein, a comprehensive CRM Artificial Intelligence platform, arrives at Ulster Bank, a subsidiary of NatWest and part of RBS Group” reports financefeeds.com. AI solutions continue to advance in the financial services sector and to take over back-office roles from human staff.Artificial intelligence (AI) continues to advance in the financial services sector, with Atos – an expert in big data Data, cybersecurity, high performance computing and digital workplace, announcing on Thursday the full-scale Salesforce Einstein CRM implementation in the financial services industry.Another Japanese financial services major – Mitsubishi UFJ Financial Group…

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