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Tech pioneer Jaron Lanier says companies should pay for data: ‘Let’s get out of the manipulation business’

“The reason companies need your data is they want to be AI companies,” Lanier said” writes Chloe Aiello for cnbc.com. Lanier also argued that data will become even more important as artificial intelligence technology advances, because “AI needs your data.”. Taking data and using it to manipulate people is not a real market.Rather than resisting data collection, society should double down on it — so long as people are appropriately compensated, technology pioneer Jaron Lanier argued. Source: cnbc.com Share This:

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IT’s Growing Importance Carries CIO Role to New Heights

“When Delta Air Lines Inc. this year promoted its chief information officer, Rahul Samant, to executive vice president, reporting directly to chief executive Ed Bastian, it cited the growing importance of IT and digital technologies in keeping the airline competitive” writes Cio Anuj Dhanda for wsj.com. CIOs say they also are getting more face time with their CEOs and boards to discuss broader strategic issues. Source: wsj.com Share This:

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Elon Musk gets into it with former Tesla employee he sued for alleged data hacking

“The Washington Post obtained an email exchange between Musk and Martin Tripp, the former Nevada Gigafactory process technician worker, Tesla sued Wednesday” writes Sasha Lekach for mashable.com. In the suit, Tesla alleges Tripp hacked Tesla’s data system, took photos and videos of the manufacturing process, shared data with the media, and put hacking software on three other employee computers in an attempt to receive data after he left Tesla. Although Tesla didn’t have any comment on the email exchange, Tesla said Tripp is falsely positioning himself as a whistleblower when…

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AT&T to receive $1.1 billion in deal with Brookfield Infrastructure

“As part of the deal, AT&T will receive $1.1 billion, which it will use to reduce debt” writes Ciara Linnane for marketwatch.com. “AT&T will continue to offer customers access to colocation services at more than 350 data centers — including transferred IDCs — around the world as part of AT&T’s colocation ecosystem program.”. T, -1.25% said Thursday it has entered an alliance with Broofield Infrastructure to offer colocation and other services to customers in 18 Internet Data Centers in the U.S. and 13 overseas.Once the deal closes, expected in six…

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Xineoh offers AI that predicts customer behavior with scary accuracy

“But many of the tools available for that latter category, namely, predictive analytics, have a less-than-stellar accuracy rate” writes Stewart Rogers for venturebeat.com. South Africa-based Xineoh has developed a platform for predicting customer behavior with AI. The company claims its technolgoy is more accurate than any other solution available.By anticipating what products consumers will buy with a high level of accuracy, Xineoh allows the business to minimize unnecessary inventory and maximize working capital. Source: venturebeat.com Share This:

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Poloniex–Numerous Trading Pairs, Mixed Reputation

“The exchange stands out due to the vast numbers of trading pairs that they offer” reports financemagnates.com. The exchange also provides rather advanced trading tools which are extremely useful for traders.The most popular trading pairs by volume on this exchange are ETH/BTC which have a 24 hours trading volume of $10,256,500 and make up 18.9% of the trades on the exchange. Source: financemagnates.com Share This:

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Nomura: Japanese Investors Bullish on the Dollar and Domestic Equities

“The bullish sentiment of the survey participants with regard to the US dollar could be viewed as somewhat surprising” reports financemagnates.com. Despite their bullish view of the dollar, investors were still extremely keen on Japanese equities as a source of investment.The results show that approximately 41 percent of survey participants chose the dollar as the most appealing currency to invest in. Source: financemagnates.com Share This:

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Crypto News 

Bloomberg Adds Huobi-Launched Crypto Index to Its Terminal

“Last month, Huobi launched HB10, a benchmark index which projects the performance of top 10 coins traded on Huobi” reports financemagnates.com. Bloomberg has added the newly launched cryptocurrency market index of Huobi to its terminal, according to a report by Coindesk.Huobi was the leading exchange in China before the country’s overnight ban of every crypto exchange.Moreover, around a month ago, Bloomberg added another index to its terminal through a partnership with Galaxy Digital, a digital assets merchant bank headed by billionaire Michael Novogratz.According to data provided by CoinMarketCap.com, Huobi is…

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Crypto News 

Press Start to Go: How Crypto is Revolutionizing the $108 Billion Gaming Industry

“One such industry that has been largely neglected by the mainstream conversation around blockchain is the $108 billion-dollar gaming industry” reports financemagnates.com. In any case, the gaming industry is ripe for disruption, and blockchain might just be the golden ticket.Why do these aspects of blockchain make it such a perfect match for the gaming industry?. To understand why blockchain has the potential to play such an integral role in the future of the gaming industry, we have to understand what blockchain actually does. Source: financemagnates.com Share This:

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