SoFi Plans to Start Rolling Out Deposit Accounts Next Month

Posted by & filed under disruptive technology, Innovator's Dilemma.

Social Finance Inc. said it will start offering deposit accounts and debit cards to some customers next month, the first major new product under Chief Executive Officer Anthony Noto.  The San Francisco-based company is looking to branch into various financial services Source: Bloomberg Technology News Date: April 6th, 2018 Link: https://www.bloomberg.com/news/articles/2018-04-05/sofi-plans-to-start-rolling-out-checking-accounts-next-month Discussion 1) Look up SoFi and see what it… Read more »

Meet the gargantuan air freighter that looks like a whale

Posted by & filed under Emerging Technologies.

Passenger aircraft are built in sections around the world then assembled in various locations, so how do you transport huge parts like wings and fuselages? Meet the super-transporters – giant planes for giant jobs. Source: BBC Technology of Business Date: April 6th, 2018 Link: http://www.bbc.com/news/business-43641665 Discussion 1) “why not simply build everything in one place to do away… Read more »

The risks of becoming a Google city

Posted by & filed under IT and Politics.

Waterfront Toronto’s eagerness to sign a deal with a Google sister company has alarmed experts who warn cities are easy prey for Big Tech and its unquenchable thirst for data. “Google isn’t going to be creating these urban innovations for the public good or the common welfare,” says Jathan Sadowski, a postdoctoral research fellow in… Read more »

DeepMind explores inner workings of AI

Posted by & filed under Artificial intelligence.

As with the human brain, the neural networks that power artificial intelligence systems are not easy to understand.  DeepMind, the Alphabet-owned AI firm famous for teaching an AI system to play Go, is attempting to work out how such systems make decisions.  By knowing how AI works, it hopes to build smarter systems. But researchers acknowledged that… Read more »

Why Spotify Can’t Scale Like Netflix

Posted by & filed under freemium.

Spotify Technology SA wants to be the next Netflix Inc. Both are pioneers in getting people to pay for a digital entertainment buffet—Spotify’s chief financial officer even had the same job at Netflix.   But the economics of music streaming are very different from video. Source: Bloomberg Date: March 27th, 2018 Link: https://www.bloomberg.com/news/articles/2018-03-23/why-spotify-can-t-scale-like-netflix Discussion 1) “Spotify’s product—35 million songs—costs the company more… Read more »

The life of an Uber test driver

Posted by & filed under Artificial intelligence, self driving cars.

A test driver was behind the wheel of a self-driving Uber vehicle when it struck and killed a woman in Tempe, Arizona on Sunday night.  Autonomous car companies have test drivers on board so they can take over in case of emergencies.  But that safeguard wasn’t enough to prevent the death 49-year-old Elaine Herzberg. Tempe police say… Read more »

BlackBerry adds Jaguar to roster as it expands car software unit

Posted by & filed under Blackberry.

BlackBerry Ltd. will help Jaguar Land Rover develop new automotive technology, adding another major brand to its web of partnerships on car software. Jaguar, owned by Indian conglomerate Tata Motors Ltd., will license BlackBerry’s technology and host some of the former smartphone maker’s engineers to work on a new infotainment system. The deal is the… Read more »