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Fed chief Powell: We’re still assessing ‘efficiency’ of banking reforms

“Banking regulation has gotten stricter and more transparent in the days since the financial crisis, though more adjustments are likely ahead, Federal Reserve Chairman Jerome Powell said Friday” writes unknown author for cnbc.com. Instead, Powell reviewed the progress made since the financial crisis exploded in 2008. We will need to keep up with the pace of innovation, which will doubtless require changes to our approach to financial stability,” he said. Source: cnbc.com Share This:

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As sale rumors swirl, Essential claims it’s focusing on ‘game-changing’ products

“Oh, and it has ceased development of an upcoming phone, presumably the Essential Phone (PH-2)” reports digitaltrends.com. It sounds as though development of the Essential Phone 2 has been canceled.After its first product launch saw dismal sales and immediate price cuts, Essential, the company created by Android co-founder Andy Rubin, is considering selling itself, according to sources speaking to Bloomberg. Source: digitaltrends.com Share This:

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Unai Emery: Arsenal’s new Head Coach

“Unai Emery paid tribute to the legacy left by Arsene Wenger as he set out his vision for the “big challenge” after taking over as head coach at Arsenal” writes Sam Wallace for telegraph.co.uk. I want to say thank you Arsene Wenger for your legacy.”We will create a new present and a new future for Arsenal. Source: telegraph.co.uk Share This:

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Greece’s economic future is nearing a crucial moment

“Discussions are heating up over future debt repayments for Greece, with the country hoping to break free from years of financial assistance since the euro zone sovereign debt crisis that ravaged its economy” writes unknown author for cnbc.com. The International Monetary Fund (IMF), European creditors and the Greek government are hashing out the final details of a deal that will make it easier for Athens to repay its debts.The issue is getting more pressing by the day as Greece prepares to end its third financial rescue of 86 billion euros…

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The Future of AI Depends on High-School Girls

“Tena walked into a room of girls who hailed from Silicon Valley, other areas of the country, and as far as Pakistan” writes Lauren Smiley for theatlantic.com. Tena also signed up for a new program AI4All debuted in the spring, called the Alumni Research Fellowship Program, which paired students with industry mentors to pursue real-world AI projects. Source: theatlantic.com Share This:

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UK calls for special EU deal after Brexit

“UK negotiators in Brussels have warned of significant economic and security dangers for Europe should the EU not grant a special deal on data-sharing laws after Brexit” writes Daniel Boffey for theguardian.com. EU businesses in sectors ranging from finance to telecommunications that are reliant on current data-sharing arrangements earned €36bn (£32bn) from the UK in 2016, British officials said.The UK wants a seat in the body that applies data laws on companies, and has insisted it should be given preferential treatment over other non-EU countries after Brexit.The UK, however, has…

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General Motors is a ‘raging bull’ opportunity in autonomous car space: Citigroup

“General Motors is a leader in the future autonomous vehicle network space, according to Citigroup, spelling a “raging bull” case for the automaker” writes Shannon Stapleton for cnbc.com. Though analyst Itay Michaeli believes the automaker’s shares could nearly double to $70 over the next 12 months, he argued that the stock could soar to $134 over the long term as autonomous vehicle technology networks become commonplace.”We believe General Motors remains an underappreciated leader in the future autonomous vehicle network space,” Michaeli wrote Sunday. “Establishing large autonomous vehicle subscriptions, even as…

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3 key AI benefits for the future of work

“From where I sit, the impact of AI and machine learning goes far beyond the mundane” writes Infinia Ml for venturebeat.com. Today, everyone from solopreneurs to SMBs to major corporations are leveraging AI and machine learning to be better.We are in a period of breakneck and breakthrough digital transformation, driven by a massive marketplace shift — namely, artificial intelligence (AI) and machine learning.And, not surprisingly, they are fueling the explosive growth of AI and machine learning.Successful AI and machine learning are always anchored in a data-driven strategy — there’s no…

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