Archive for the ‘finance’ category: Page 132
Oct 9, 2016
Germany calls for a ban on combustion engine cars by 2030
Posted by Shailesh Prasad in categories: energy, finance, policy, transportation
Germany isn’t content with relying on financial incentives to usher in an era of pollution-free cars. The country’s Bundesrat (federal council) has passed a resolution calling for a ban on new internal combustion engine cars by 2030. From then on, you’d have to buy a zero-emissions vehicle, whether it’s electric or running on a hydrogen fuel cell. This isn’t legally binding, but the Bundesrat is asking the European Commission to implement the ban across the European Union… and when German regulations tend to shape EU policy, there’s a chance that might happen.
The council also wants the European Commission to review its taxation policies and their effect on the “stimulation of emission-free mobility.” Just what that means isn’t clear. It could involve stronger tax incentives for buying zero-emissions cars, but it could also involve eliminating tax breaks for diesel cars in EU states. Automakers are already worried that tougher emission standards could kill diesels — remove the low cost of ownership and it’d only hasten their demise.
Not that the public would necessarily be worried. Forbes notes that registrations of diesels, still mainstays of the European car market, dropped sharply in numerous EU countries in August. There’s a real possibility that Volkswagen’s emission cheating scandal is having a delayed effect on diesel sales. Combine that with larger zero-emissions incentives and the proposed combustion engine ban, and it might not take much for Europeans to go with electric or hydrogen the next time they go car shopping.
Continue reading “Germany calls for a ban on combustion engine cars by 2030” »
Oct 5, 2016
With New Program, DARPA To Encourage Safety “Brakes” For Gene Editing
Posted by Karen Hurst in categories: bioengineering, biotech/medical, finance, genetics, health, military
Xconomy National —
Drugs that use molecular scissors to snip out or replace defective genes. Altered mosquitoes meant to sabotage entire disease-carrying populations. Both are potential uses of genome editing, which thanks to the CRISPR-Cas9 system has spread throughout the world’s biology labs and is now on the doorstep of the outside world. But with its first applications could also come unintended consequences for human health and the environment. The U.S. Defense Advanced Research Projects Agency—a famed military R&D group—wants to finance safety measures for the new gene-editing age.
The idea for the funding program, called Safe Genes, is to get out ahead of problems that could bring the field to a screeching halt. “We should couple innovation with biosecurity,” DARPA program manager Renee Wegrzyn, said Tuesday at the SynBioBeta conference in South San Francisco. “We need new safety measures that don’t slow us down. You have brakes in your car so that you can go fast but can stop when you need to.”
Continue reading “With New Program, DARPA To Encourage Safety ‘Brakes’ For Gene Editing” »
Oct 5, 2016
Samsung Electronics to acquire artificial intelligence firm Viv, run
Posted by Shane Hinshaw in categories: finance, mobile phones, robotics/AI, wearables
SEOUL Tech giant Samsung Electronics Co Ltd said on Thursday it is acquiring U.S. artificial intelligence (AI) platform developer Viv Labs Inc, a firm run by a co-creator of Apple Inc’s Siri voice assistant program.
Samsung said in a statement it plans to integrate the San Jose-based company’s AI platform, called Viv, into the Galaxy smartphones and expand voice-assistant services to home appliances and wearable technology devices.
Financial terms were not disclosed.
Oct 4, 2016
Canada’s Carbon Tax Needs To Spread South of the Border — By Jamie Condliffe | MIT Technology Review
Posted by Odette Bohr Dienel in categories: economics, energy, environmental, finance, governance, government
“Nobody likes taxes. So it’s a brave move by Justin Trudeau, Canada’s prime minister, to announce that the entire country must pay if it continues to burn fossil fuels.”
Sep 29, 2016
Will quantum teleportation defeat quantum decryption?
Posted by Karen Hurst in categories: computing, encryption, finance, quantum physics, security
Nice article; however, not sure if the author is aware Los Alamos already has a quantum net as well as some Europe banks have the capabilities and 4 months ago it was announced that a joint effort by various countries from Europe, Asia, etc. have come together to re-engineer the Net infrastructure with QC technology…
Maybe the quantum will giveth what the quantum taketh away… at least when it comes to secure transmissions.
There’s been much speculation that emerging quantum computers will become capable of breaking advanced public key cryptography systems, such as 2048-bit RSA. This might leave encrypted data transmissions exposed to anyone who happens to own such a quantum computer.
Continue reading “Will quantum teleportation defeat quantum decryption?” »
Sep 28, 2016
Facebook, Amazon, Google, IBM and Microsoft come together to create historic Partnership on AI
Posted by Elmar Arunov in categories: finance, governance, robotics/AI
The world’s largest technology companies hold the keys to some of the largest databases on our planet. Much like goods and coins before it, data is becoming an important currency for the modern world. The data’s value is rooted in its applications to artificial intelligence. Whichever company owns the data, effectively owns AI. Right now that means companies like Facebook, Amazon, Alphabet, IBM and Microsoft have a ton of power.
In an act of self-governance, these five companies came together today to announce the launch the new Partnership on AI. The group is tasked with conducting research and promoting best practices. Practically, this means that the group of tech companies will come together frequently to discuss advancements in artificial intelligence. The group also opens up a formal structure for communication across company lines. It’s important to remember that on a day-to-day basis, these teams are in constant competition with each other to develop the best products and services powered by machine intelligence.
Financial support will be coming from the initial tech companies that are members of the group, but in the future, membership and involvement is expected to increase. User activists, nonprofits, ethicists and other stakeholders will be joining the discussion in the coming weeks.
Sep 26, 2016
China probes North Korea bank suspected of nuclear link — South Korea paper
Posted by Karen Hurst in categories: finance, law enforcement
SEOUL: China is investigating executives of a North Korean bank believed to finance the illicit procurement of arms and materials related to the isolated country’s banned nuclear programme, South Korea’s JoongAng Daily reported on Monday.
China and the United States have agreed to step up cooperation in the U.N. Security Council and in law enforcement channels after North Korea’s fifth nuclear test on Sept. 9, the White House said last week.
While China is North Korea’s sole major ally, it disapproves of its nuclear and missile programmes.
Continue reading “China probes North Korea bank suspected of nuclear link — South Korea paper” »
Sep 20, 2016
Quantum chip keeps you guessing
Posted by Karen Hurst in categories: computing, economics, finance, nanotechnology, quantum physics
Random numbers have become important in daily life, given how they are at the heart of e-commerce and secure communications and also form the basis of statistical methods of solving problems in engineering and economics. And yet, truly random numbers are difficult to generate. A series of seemingly random numbers can still show patterns, and this can lead to frauds in e-commerce or errors in computations. Carlos Abellani, Waldimar Amaya, David Domenech, Pascual Munoz, Jose Capmany, Stefano Longhi, Morgan W Michell and Valerio Pruneri from the Institutes of Science and Technology and the Institute of Research and Advanced Studies at Barcelona, Polytechnic University and the firm, VLC Photonica, at Valencia and the Institute of Photonics and Nanotechnology at Milan, describe in the Optical Society’s journal, Optica, a method of using quantum effects to generate truly random numbers with the help of a miniature device that can be embedded in a mobile phone. The operative quality of random numbers is that those in a series cannot be predicted from the preceding ones, nor even any of the digits that appear in them.
Once a random number has been exchanged by a pair of correspondents, they can base a code on this number and keep their exchanges confidential. Devices like computers, which handle e-commerce transactions, thus routinely generate hundreds of large random numbers. The numbers generated by a complex formula are based on a “seed” number to get started, and do pass many statistical tests of randomness. The numbers, however, are not truly random and if a third party should guess the “seed” that was used, he/she could work out the numbers and impersonate others in transactions. Real random numbers are created not by a formula but by physical processes, like the last digits of the number of grains in a handful of sand, the throw of honest dice or even the last digit of the daily stock market index.
Sep 7, 2016
Quantum computing threatens the most sophisticated cybersecurity, says report
Posted by Karen Hurst in categories: cybercrime/malcode, finance, government, quantum physics
I am glad that more folks are beginning to start to understand the magnitude and depth of the risk & exposure that QC presents even within the next 4 to 5 years. However, what about everyone else? Folks need to understand that the transformation to QC in the infrastructure alone is a substantial investment and timeline. So, as I have highlighted many times; I hope folks have baked in QC into their future state architectures & investments because a transformation (depending on company size and complexity) could span many, many years.
The study purports there is a 50 per cent risk that many of the cybersecurity tools used by financial institutions, online retailers and government agencies will be obsolete by 2031.
September 6, 2016 by Canadian Manufacturing.com Staff.