economy – pressnews

What is Psyche Mission? Know all about NASA’s journey to a $10 quintillion 279-km wide asteroid

16Oct

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Technology

What is Psyche Mission? Know all about NASA’s journey to a $10 quintillion 279-km wide asteroid

[ad_1] After months of delays, NASA finally launched its Psyche mission on October 13 via a SpaceX Falcon rocket Heavy rocket from the Kennedy Space Center in Florida. The mission was initially due to launch not before September 20, 2022, but was postponed due to late delivery of the spacecraft's software and testing equipment. NASA then planned the launch for October 12, but the launch was again scrapped due to unfavourable weather conditions. The mission was then rescheduled for October 13, and this time the launch did happen. Know all about it.What is NASA's Psyche mission?The Psyche mission is part of NASA's Discovery missions. NASA will study an asteroid called 16 Psyche which is currently orbiting the Sun between Mars and Jupiter. It was discovered in 1852 by Italian astronomer An...

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

11Oct

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Technology

The Amazon antitrust lawsuit is likely to be a long and arduous journey for the FTC

[ad_1] Amazon is heading into one of its biggest sales events of the year — Prime Day — with a lawsuit hanging over its head that accuses it of preventing sellers from hawking their merchandise at lower prices on other sites.The Federal Trade Commission's long-awaited antitrust case is the agency's most aggressive move yet to tame the market power of Amazon, a company that's become synonymous with online shopping and fast deliveries. Under chair Lina Khan, the agency hasn't been shy about taking big swings against some of America's biggest companies and testing the limits of competition law to reverse what many of her supporters see as decades of weak antitrust enforcement. But that approach has also led to some high-profile setbacks, most notably in the FTC's bid to block Microsoft's t...

Elon Musk’s Humanoid robot captured doing yoga!

27Sep

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Technology

Elon Musk’s Humanoid robot captured doing yoga!

[ad_1] In a piece of impressive news, billionaire Elon Musk's Humanoid robot Optimus, which was announced by Tesla in August 2021, has been learning skills that will shock and awe you. Optimus was captured in a video doing multiple variations and postures of yoga, which is making the internet go wild. Elon Musk's creations have often stunned the public and now, the humanoid robot has become the latest gadget to stun the Internet. Know what the Humanoid robot, Optimus can do.About Humanoid robot OptimusTesla Optimus's official X account shared a video post of the humanoid robot, revealing its progress and capabilities. The video showcased a variety of tasks the robot can do such as picking colourful blocks and doing yoga with great balance. The video left the X users stunned by its progr...

BAE Explores Using Fighter-Jet Technologies for New Space Gear

1Sep

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Technology

BAE Explores Using Fighter-Jet Technologies for New Space Gear

[ad_1] BAE Systems Plc is exploring ways to use defense technologies such as jet-pilot helmets for applications in space, as the UK defense contractor sharpens its focus on commercial opportunities in the burgeoning market.A potential astronaut helmet would build on the core technology used in jet-fighter headgear the company currently makes, said Nigel Kidd, product director for head-mounted displays at the London-based company. Space is becoming more of a priority for defense companies as security threats around the world swell. BAE this month agreed to buy Ball Aerospace for $5.6 billion to expand its missile, space and munition products. Chief Executive Officer Charles Woodburn signaled at the time that he may make more acquisitions in the sector. Striker II Helmet Mounted Displays,...

AI is reshaping the workplace – but what does it mean for the health and well-being of workers?

31Aug

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Technology

AI is reshaping the workplace – but what does it mean for the health and well-being of workers?

[ad_1] The business landscape has undergone a significant shift over the past few years because of artificial intelligence (AI). This technological advancement has innovated business practices and is changing the way we work.Businesses are increasingly turning to AI to solve problems and perform tasks that have traditionally required human intelligence. Across different industries and occupations, AI is being used to detect patterns, make predictions and even create content. However, the rapid rate of AI adoption is putting workplaces at risk of overlooking its potentially adverse impacts, particularly those that could impact the health and well-being of workers. AI in the workplaceThe type of AI currently being used in workplaces has a narrowly defined role. It primarily augments the w...

AI can make everyone more productive, says IBM CEO Arvind Krishna

25Aug

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Technology

AI can make everyone more productive, says IBM CEO Arvind Krishna

[ad_1] IBM is one of the oldest tech companies around and it had made its name well before the likes of Apple and Google rose to fame. Leading IBM is CEO Arvind Krishna, who is of Indian origin. Now, with artificial intelligence grabbing the attention of policy-makers, entrepreneurs to the common man, Krishna made some telling points.Speaking on Friday, Krishna said that he is very "excited" about AI's power to drive productivity, which can help companies and even economies grow faster - yesterday, an Australian official had said that AI has the power to grow that country's economy manifold. Australia's Productivity Commissioner Michael Brennan said on Thursday that AI could have a major impact on improving the economic output in the next few decades as the Western world deals with a pr...

Google and Microsoft Are Supercharging AI Deepfake Porn

24Aug

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Technology

Google and Microsoft Are Supercharging AI Deepfake Porn

[ad_1] When fans of Kaitlyn Siragusa, a popular 29-year-old internet personality known as Amouranth, want to watch her play video games, they will subscribe for $5 a month to her channel on Amazon.com Inc.'s Twitch. When they want to watch her perform adult content, they'll subscribe for $15 a month for access to her explicit OnlyFans page.And when they want to watch her do things she is not doing and has never done, for free, they'll search on Google for so-called “deepfakes” — videos made with artificial intelligence that fabricate a lifelike simulation of a sexual act featuring the face of a real woman. Siragusa, a frequent target of deepfake creators, said each time her staff finds something new on the search engine, they file a complaint with Google and fill out a form requesting t...

G20 Digital Economy Ministers’ meet reaches consensus on treating cyber security as global problem: Vaishnaw

20Aug

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Technology

G20 Digital Economy Ministers’ meet reaches consensus on treating cyber security as global problem: Vaishnaw

[ad_1] Union Minister Ashwini Vaishnaw on Saturday said there was a consensus during the G20 Digital Economy Ministers' Meeting that cyber security is an international problem that requires collaboration and steps for building trust and respect for other economies.The minister, who holds the Electronics, IT, Communications and Railways portfolios, said there was absolute consensus in the G20 meeting on the concept and application of Digital Public Infrastructure (DPI), cyber security and skilling in handling digital technology. Elaborating on the discussions on cyber security, he said some "very good principles" were achieved in terms of cyber security. "It was clearly agreed and understood by everybody that cyber security or information security or digital security, whatever we call it...

Coursera’s CEO Wants its Chatbot to Become Your Personal Tutor

3Aug

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Technology

Coursera’s CEO Wants its Chatbot to Become Your Personal Tutor

[ad_1] Coursera Inc.'s chief executive officer Jeff Maggioncalda wants to give you an AI-generated personal tutor.The online learning platform has recently launched Coach, a chatbot tool that plugs into ChatGPT. It answers questions by sifting through and summarizing Coursera's entire curriculum. Maggioncalda offers up a quick demo to start off our interview. “Can you explain in terms that a 10-year old would understand what a convolutional neural network is,” he asks. And the AI coach almost instantly responds via text. “Imagine you have a picture of a car and you want to find out where the car is in the picture. One way to do this is to look at small parts of the picture one at a time and see if any of those parts look like a car. This is called a sliding window. A convolutional, neur...

Spotify users top expectations thanks to Gen Z listeners

25Jul

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Technology

Spotify users top expectations thanks to Gen Z listeners

[ad_1] Spotify Technology SA, the Swedish audio streaming platform, beat analyst expectations in its second-quarter results with its total active users rising 27% to 551 million. The company cited strong growth in all regions and among younger Gen Z listeners. Premium subscribers rose 17% to 220 million, the company said Tuesday in a statement. That was ahead of the 217.1 million average of analysts estimates compiled by Bloomberg. Revenue, at €3.18 billion, was slightly below expectations. The company's adjusted operating loss was €112 million, beating analysts' estimates for a loss of €127.4 million. The company forecast 572 million active users for its third quarter, 224 million of them premium subscribers. It forecast sales of €3.3 billion for the period. Key Insights On Monda...