News 

Fujitsu’s new AI tech aims to help respond to cyberattacks

“Fujitsu Laboratories Ltd. have created an AI technology that automatically determines whether action needs to be taken in response to a cyberattack” reports financefeeds.com. This technology identifies and extracts attack logs, which show the behavior of a cyberattack, from huge amounts of operations logs.Fujitsu Laboratories combined the newly developed technologies with its own Deep Tensor AI technology, and ran evaluative testing on the determination model that had been trained on the new training data. The new entity aims to grow Fujitsu’s global AI business by bringing together the innovative AI…

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A fractured internet means we should prioritize safety over global standards, software exec says

“Former Google Chief Executive Eric Schmidt, for example, recently warned the internet would split in two, with one internet led by the U.S. and the other led by China” writes Ryan Browne for cnbc.com. With increasing talk of the U.S. and China’s trade war becoming a war over technology, the boss of one software firm thinks it’s now time to start thinking about putting the safety of consumers over global internet standards.The term refers to a literal splitting of the internet into disparate parts as other countries become increasingly suspicious…

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Markets News 

Hailo, an Israel-based developer of a microprocessor for deep learning on edge devices, expands its Series A by an additional $8.5M to $21M

“Hailo, a Tel Aviv, Israel-based developer of a proprietary processing architecture for deep learning on edge devices, expanded its Series A funding round by additional $8.5m to $21m” reports finsmes.com. Led by Orr Danon, CEO and co-founder, Hailo is developing a microprocessor based on proprietary technology for deep learning applications, that will deliver data center performance to edge devices.The company, which had announced the first close of its Series A round, at $12.5m, in June 2018, intends to use the funds to expand its target markets into China and Hong…

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Crypto News 

Poll: 63 Percent of Senior Execs Lack Understanding of Blockchain Tech

“In a survey of institutional investors by the Global Blockchain Business Council (GBBC), 63 percent of respondents believe that senior business executives have a poor understanding of blockchain technology” writes Ana Berman for cointelegraph.com. The participants of the survey also named digital identity and healthcare as fields which will be significantly impacted by blockchain technology.As Cointelegraph previously reported, some high-profile crypto bulls expect institutional demand for cryptocurrencies to drive the industry forward in 2019. Insiders told Bloomberg that Goldman Sachs, Morgan Stanley, and Citigroup gave up their crypto plans until…

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Crypto News Platforms 

JP Morgan-Backed Firm Partners with Blockchain Startup Owned By Former Deloitte Exec

“JP Morgan-backed digital services firm Smartrac has partnered with SUKU Ecosystem, a blockchain startup owned by former Deloitte exec Eric Piscini, according to a tweet on Tuesday, Jan. 22” writes Helen Partz for cointelegraph.com. SUKU, which is parented by another Piscini-owned blockchain firm Citizen Reserve, will provide its platform to integrate with Smartrac’s supply chain.Per Piscini the new blockchain integration will improve tracking, security, and transparency across the supply chain.Piscini, CEO at both SUKU and Citizen, said that the new partnership aims to resolve major problems related to supply chain…

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Huawei offers to open up its development labs to quell spying fears

“Huawei has said it will welcome Western requests to see its product development process as it hits back at allegations its products could be used for spying” writes Matthew Field for telegraph.co.uk. The Chinese technology giant’s chairman Liang Hua told reporters at Davos Huawei complies “fully … with local laws and regulation” and said it would let observers in to see its product labs.Mr Liang has been serving as Huawei’s acting chief financial officers after the arrest of its former CFO Meng Wanzhou, who was detained in Canada amid allegations of breaches…

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Company to move HQ to Singapore

“Sir James Dyson, the British billionaire inventor and outspoken Brexiter, is moving the headquarters of his vacuum cleaner and hair dryer technology company to Singapore” writes Rupert Neate for theguardian.com. The company said Sir James, 71, would “continue to divide his time between Singapore and the UK as the business requires it”.Sir James, who owns 100% of the company and has built up a £9.5bn personal fortune, did not comment on the move.The Dyson chief executive, Jim Rowan, said the move from Wiltshire to Singapore had “nothing to do with…

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At Alibaba’s futuristic hotel, robots deliver towels and mix cocktails

“HANGZHOU, China (Reuters) – Gliding silently through Alibaba Group Holding Ltd’s futuristic “FlyZoo” hotel, black disc-shaped robots about a metre in height deliver food and drop off fresh towels” writes Midwest Communications Inc for 95kqds.com. Elevators scan guests’ faces again to verify which floor they can access and hotel room doors are opened with another face scan.”It’s all about the efficiency of the service and the consistency of service, because the robots are not disturbed by human moods.In the rooms, Alibaba’s voice command technology is used to change the temperature,…

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Andy Young Leaves Global Sales Role at Colt Technology

“Finance Magnates learned on Tuesday that Andy Young, the Global Head of Solution Sales for the capital markets department at Colt Technology, has left the firm” writes David Kimberley for financemagnates.com. The now former Colt Technology executive was at the company for almost twenty years.He spent another four years in that role before, in July of 2012, becoming a Client Director in Colt Technology’s financial services division.Over the next few years, Young continued to work in a variety of senior sales roles within the technology company’s financial services department, focusing…

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