Former Huawei executive in court over China spying accusations June 1, 2021 A former Huawei executive and an ex-Polish secret services agent have appeared in court over allegations they carried out state-sponsored spying for China. Weijing Wang and Piotr Durbajlo, who were arrested in 2019 and have both pleaded not guilty, were in court for the start of the trial in Warsaw this morning. Polish prosecutors allege [...]
Artificial Intelligence, Social Media, and the Future of Investing June 1, 2021 | City Talk Witnessing the recent GameStop event, it was clear that for better or worse, the little guy, or many, many little guys, had briefly beaten Wall Street at its own game. While GameStop was fuelled primarily by the collective action of many, the voice of only one person, echoed by others, can have similar influence. For [...]
5 humanoid robots who are worth getting to know May 28, 2021 | City Talk Many predictions were made decades ago about an era when robots and humans would co-exist. Today thanks to major advancements in Robotics and AI, robots come in many different shapes and sizes. But the most intriguing ones are those which resemble humans. These humanoid robots have been growing in popularity in recent years. Humanoid robots [...]
Breakthrough saliva test detects Covid in 5 minutes May 28, 2021 Researchers in Australia have developed a new Covid-19 test which can give results in just five minutes. The prototype, which uses a portable instrument to detect the virus in saliva samples, has been developed by Monash University in Melbourne and the Peter Doherty Institute for Infection and Immunity. After patients dribble into a sterile container, [...]
7 weird and wonderful applications of artificial intelligence May 26, 2021 | City Talk The Rewired investment fund focuses on enabling the technologies of the AI revolution by investing across five verticals including machine learning, robotics, bionics, sensors, mapping and localisation. Backed by technology investors including Tej Kohli, we believe that AI has the potential to positively impact every segment of economic activity and to improve every aspect of human life. Here [...]
EU set to open antitrust probe into Facebook’s classified ads business May 26, 2021 The EU is said to be on the brink of opening a formal antitrust investigation into Facebook following complaints from rivals about the platform’s classified ads business. Regulators have already sent questions to Facebook and its competitors asking whether the social media site distorted the classified ads market by promoting its Marketplace services for free [...]
Instagram for kids: Boss defends plans for new under-13s app May 26, 2021 The boss of Instagram has defended his company’s plans to develop a new version of the app for under-13s, saying it could help protect children from online harms. Earlier this year it emerged Facebook was working on a spin-off version of the popular photo-sharing app targeting a younger demographic. Currently the platform does not allow [...]
Europe’s place in the global AI race May 26, 2021 | City Talk History is a good predictor of the future. In the Eighteenth Century the industrial revolution led to technological, socio-economic and cultural changes that eventually transformed not just our quality of life, but also our expectations from life. The early adopters of technological change have compounded their progress ever since, and the earliest industrialized nations continue [...]
Airbnb boss banks on long-term shift to remote working May 26, 2021 Airbnb is “not just a travel company anymore”, boss Brian Chesky has said, as he threw his weight behind a long-term shift to home working. The rental booking chief has unveiled a string of changes to the platform aimed at capitalising on new travel habits in the post-pandemic age. Chesky said Covid-19 had sparked the [...]
Paysend raises $125m Series B round as it eyes further global expansion May 26, 2021 Global payments platform Paysend has secured a $125m Series B round to help further fund its global expansion plans. Paysend, which launched four years ago, allows customers and businesses to send money online from anywhere in the world in any currency. It boasts more than 3.7m customers in over 60 countries since its launch. “Our [...]