China’s largest search engine Baidu operator, and the national champion in autonomous driving, has launched its latest demonstration of self-driving buses in China, in Longlingshan Park in Wuhan, the capital city of Hubei province. This has moved the company one step closer to the commercialization of a mode of transport its sees as the future of mobility....
The Huawei Mate 20 series, is expected to be its most high-end smart phone to date. It will be equipped with the company’s in-house Kirin 980 chip specifically designed for AI computing tasks, as stated by the Shenzhen-based company on its official sales website. Pre-orders have started at 10.08 PM on October 17th following the...
China’s target to become the global leader in AI can be seen in many of its endeavors, among which is leading promising start-ups in facial recognition technology to deploy their applications in overseas markets. “We look forward to collaborating with SenseTime to grow our AI capabilities and drive the adoption of AI technology across Asia,” ...
Mark Zuckerberg said he will keep his role as chairman of Facebook’s board in an interview with CNN that aired Tuesday night. The New York Times reported last week how Facebook made attempts to deflect the controversies plaguing the company, ranging from the Cambridge Analytica scandal to how Russians attempted to use Facebook to influence...
In a week, shareholders will vote on whether Campbell Soup‘s board will face its most significant disruption in 64 years as a public company. Activist firm Third Point has been waging a proxy battle against Campbell, demanding that it put five of its nominees on its board. In this contest for Campbell, it is no...
HONG KONG – Billionaire Chinese actress Zhao Wei and her husband have been barred from taking on key positions at listed companies for five years for violating securities regulations, the Shanghai Stock Exchange said on Tuesday (Nov 20). The exchange’s announcement comes more than a month after another Chinese actress Fan Bingbing came under fire...
Investors are concerned about three key risks but they may be worrying for nothing, strategist Scott Wren told CNBC on Tuesday. The questions of whether there will be a policy mistake by the Federal Reserve, whether global growth is going to slow and whether there will be a margin squeeze have been weighing on investors,...
Five Below Inc.: “We almost pulled the trigger and told the ActionAlertsPlus.com club that it was the right level to buy. I mean, this thing’s all the way down to $103. It is incredibly oversold. I like it here, just like I like some of the techs. I like that one.” Splunk Inc.: “This is...
Siri may not be living out its full potential under Apple’s wing, but voice-enabled assistants are nevertheless the future of digital technology, Siri’s co-founder and former CEO Dag Kittlaus told CNBC on Tuesday. Since Apple acquired Siri in 2010, “on the positive side, it’s a lot faster, the speech recognition’s gotten a lot better, but...
Federal Reserve Chair Jerome Powell is now equipped to pause the central bank’s interest rate hike agenda after December thanks to this debilitating sell-off, CNBC’s Jim Cramer said Tuesday. “Today’s sell-off gives Fed Chief Jay Powell the cover he needs to raise interest rates one more time next month and then put the next few...