Explore Newsletters from ECT News Network » View Samples | Subscribe
Welcome Guest | Sign In
TechNewsWorld.com
Get the ICMI Agent Experience Toolkit
Google's 'Right to Be Forgotten' Approach Wins Nod From EU Court
September 25, 2019
Google need not comply with the right to be forgotten outside of the European Union, according to a European Court of Justice ruling. A global de-referencing would meet the EU's data protection objectives, the court said, but it found that numerous third states do not recognize the right to de-referencing or have a different approach to that right.
OpenWorld Takeaway
September 24, 2019
I was speaking to an Oracle executive about some of the company's announcements at OpenWorld, and my impression that the company has changed so much that it is difficult to recognize it from the entity it was just a few years ago. On the macro side it's easy to see that Oracle has transitioned from a products company to a subscription company. It uses its own apps in a proof-of-concept mode.
Art Project Uncovers Bias in AI Training Models
September 24, 2019
A website created to gather faces for an art project has created a controversy over the use of AI to classify human beings. The faces collected at the ImageNet Roulette site are being incorporated into a work of art in Milan. ImageNet Roulette "acts as a window into some of the racist, misogynistic, cruel, and simply absurd categorizations embedded within ImageNet," the creators wrote.
Oracle's OpenWorld Happening
September 18, 2019
Q1 in any business is the toughest for generating revenue and Oracle is no exception. In its Q1 earnings call it admitted missing by about $70 million on a $9.2 billion nut: small but consequential. No need to run for the smelling salts though, Oracle has been here before and it's got this. It should be noted that in Q4 any self-respecting salesperson works tirelessly to drain the pipeline.
Harnessing Data Lakes for E-Commerce Business Growth
September 16, 2019
There were 5,524 store closures in the U.S. alone last year. There is no doubt that the retail industry increasingly is moving to e-commerce. For mid-sized retail companies, this trend can be a major opportunity to gain market share in their local areas and continue to grow in an industry dominated by Amazon and other giants. However, this growth requires a strong digital transformation strategy.
Platform Power
August 21, 2019
For decades a database application was what we called an "app" that collected and regurgitated data in preset formats on paper reports and screens. That's becoming passť, but it once was a major advance because it gave a worker the necessary information to take decisive action. Today that's rarely enough. Downward cost pressures have been replacing some of the rote human effort with algorithms.
Cerebras Debuts Big Chip to Speed Up AI Processes
August 20, 2019
Startup chip developer Cerebras has announced a breakthrough in high-speed processor design that will hasten the development of artificial intelligence technologies. Cerebras unveiled the largest computer processing chip ever built. The new chip, dubbed "Wafer-Scale Engine" -- pronounced "wise" -- is the heartbeat of the company's deep learning machine built to power AI systems.
28M Records Exposed in Biometric Security Data Breach
August 15, 2019
Researchers associated with vpnMentor, which provides virtual private network reviews, discovered a data breach involving nearly 28 million records in a BioStar 2 biometric security database belonging to Suprema. "BioStar 2's database was left open, unprotected and unencrypted," vpnMentor said. "After we reached out to them, they were able to close the leak."
UCSF Researchers Synthesize Speech From Brain Waves
August 1, 2019
Researchers led by speech neuroscientist Edward Chang at the University of California San Francisco have achieved success at decoding speech attempts in real time by reading the activity in the speech centers of test subjects' brains. Three persons capable of normal speech, who were being treated for epilepsy at the UCSF Medical Center, participated in the study.
Capital One Discloses Massive Data Breach, Hacker Arrested
July 31, 2019
Capital One Financial Corporation has announced a data breach affecting some 100 million people in the U.S. and another 6 million in Canada. The FBI arrested the alleged perpetrator of the breach in Seattle. Capital One on July 19 discovered someone had accessed its data stored online and obtained personal information of credit card customers and people who had applied for credit card products.
Equifax Data Breach Settlement No Wrist Slap
July 23, 2019
The United States Federal Trade Commission announced that Equifax has agreed to pay a minimum of $575 million as part of a global settlement of claims against it arising from a 2017 data breach that affected 147 million Americans. The settlement with the FTC, the Consumer Financial Protection Bureau, and 50 states and territories potentially could reach $700 million.
AI in Healthcare: Independent Living for Consumers
July 22, 2019
AI applied to healthcare includes a collection of technologies that enable machines to sense, interpret, act and learn. AI implementations for digital health can be relatively simple when they are focused largely on personal patient engagement, or vastly complex when working with big data sets, highly specialized diagnostics, and the workflows of multiple highly complicated organizations.
Oracle Advances Its Two-Pronged Cloud Strategy
June 26, 2019
Oracle has announced plans to combine its more than 18 related analytics products under a single banner, Oracle Analytics, making it easier for customers to figure out what they need. It's not unusual for a company to innovate a string of offerings before consolidating them into a single product line, and it's reasonable to assume that vendors that have not done so already will follow suit.
Proposed Law Would Force Big Tech to Reveal Value of Consumer Data
June 25, 2019
A Democrat and a Republican have filed a U.S. Senate bill to require companies to report to financial regulators and to the public what consumer data they collect and how they leverage it for profit. "When a big tech company says its product is free, consumers are the ones being sold," said Sen. Josh Hawley, R-Mo. "These 'free' products track everything we do."
Retailers' Most Common Cloud Mistakes and How to Avoid Them
June 15, 2019
It's easy to understand why so many retail organizations have moved their infrastructure to the cloud. Cloud-based architecture allows provisioning nearly infinite compute instances on-demand in minutes. There is no need for upfront licensing or infrastructure costs, meaning a faster ROI can usually be realized. Best of all are the unmatched agility and scalability of the cloud.
Can Brands Protect Privacy While Personalizing?
June 14, 2019
I sometimes think personalization is the best thing that happened to humankind in terms of marketing. As a consumer, I love getting suggestions on what to buy, especially when it's exactly what I need. Sometimes I feel as though I'm under constant surveillance, however, so I turn on my ad blockers, I surf in private mode, and I report ads that are not relevant to me.
Big Data: The Key Focus of a Data Scientist
June 6, 2019
Big data -- a term used with increasing frequency -- refers to the rafts of data that businesses collect on a day-to-day basis, both advertently and inadvertently. The number of avenues that data can be gathered from is always growing and becoming easier to access. By 2025, more than 150 trillion gigabytes of data will need analysis. Enter data scientists.
Leveraging Live Video Streaming, the Great Democratizer
June 1, 2019
When live streaming first started to roll out across multiple social media platforms, it remained pretty unclear how this new technology would interface with Internet users. More often a source for friends to include one another on events they're missing out on, frequent uses of live video streaming felt experimental in nature. What was it all about?
Omnichannel Retail: Big Data Is Nice, Fast Data Is Necessary
May 18, 2019
Any retailer that wants to be competitive knows it must offer a seamless omnichannel experience to its customers. However, many retailers aren't aware that the key to powering that customer experience is IT system performance. Why? Omnichannel retailers must process, analyze and use huge amounts of data for a multitude of equally important functions.
Digging for Bitcoin Is a Labor of Love
May 16, 2019
It would have been reasonable for those attending Josh Bressers' session at CypherCon -- myself included -- to expect a presentation by a cryptocurrency expert. It was billed as a talk about plumbing the depths of the bitcoin blockchain. When Bressers admitted that his material grew out of a hobby, I was surprised. Still, the talk was far from disappointing.
Zombieload, Fallout, and 2 Other CPU Flaws Have Intel on the Hop
May 16, 2019
The high-tech industry once again is in a tizzy over flaws discovered in Intel CPUs -- four new MDS vulnerabilities have come to light. MDS is a sub-class of previously disclosed vulnerabilities that sample data leaked from small structures within the CPU using a locally executed speculative execution side channel. The practical exploitation of MDS flaws is a very complex undertaking, however.
Google Showcases AI, Preaches Privacy at I/O Keynote
May 8, 2019
Google showed off its chops in AI and ML, renewed its commitment to giving users greater control over their data, and introduced a new economically priced smartphone during a keynote presentation at its annual I/O conference. "They were there to hammer home the point that when it comes to AI, they are ahead of their peers," said Paul Erickson, a senior analyst at IHS Markit.
Spring Cleaning Your Network Security
May 7, 2019
Spring may be my favorite time of year. The snow is melting, the sun is shining, and the air smells just a little bit fresher. It's as though the world is setting an example for the rest of us, letting us know that it's time to start fresh. It's time for spring cleaning -- and in the security world, spring cleaning means more than just wiping down countertops and lighting a few scented candles.
Small Biz Reaps Major Benefits With Oracle Autonomous Database
May 4, 2019
Drop Tank is a small company in footprint -- it started with only 22 people -- but it has an outsized mission: to provide loyalty and discount programs to thousands of gasoline retailers. It has been decades since gas stations offered incentives to purchase their products. Last time, in the 1960s, retailers routinely would offer silverware, glassware and china with fill-ups.
The Critical Role of Artificial Intelligence in Payments Tech
May 2, 2019
Long an obsession of science fiction writers, "artificial intelligence" in the modern era of fast-paced technological innovation is a term that is as ubiquitous as it is nebulous. For the payments technology industry, however, the term describes advanced analytical technology that has an outsized potential to improve the payments ecosystem for banks, payments processors, merchants and consumers.
EU Gives Nod to 'Big Brother' Biometrics Database
April 24, 2019
The European Parliament overwhelmingly approved two measures that would integrate the region's fragmented law enforcement and home affairs databases into a centralized one that would include biometric information on some 350 million EU and non-EU citizens. It approved creation of the new system on two votes -- one to merge border control systems, and one to merge law enforcement systems.
Zuckerberg Tries, Tries Again
April 6, 2019
Mark Zuckerberg's most recent effort to change the conversation about Facebook seems like just another attempt at self-justification. In a recent op-ed, he places the onus squarely on the shoulders of government to regulate how social media works. "I believe we need new regulation in four areas: harmful content, election integrity, privacy and data portability," Zuckerberg wrote.
With More Than 8 Billion Things, Where Are the IoT Privacy Laws?
April 4, 2019
No one knows for sure how many "things" are connected to the Internet, but the Federal Trade Commission reported last year that it was more than 8 billion, and that it would exceed 20 billion by the end of 2020! Astonishing as it seems, it turns out that U.S. privacy laws do not apply to all of those devices and the data they collect. So, for the third time in three years, the Senate has proposed a new law.
FTC Eyeballs ISPs' Data Privacy Practices
March 28, 2019
The United States Federal Trade Commission has announced an investigation into the privacy policies, procedures and practices of seven Internet broadband providers and related entities: AT&T Inc., AT&T Mobility LLC, Comcast Cable Communications doing business as Xfinity, Google Fiber Inc., T-Mobile US Inc., Verizon Communications Inc., and Cello Partnership dba Verizon Wireless.
Breaches: Fix the Issue, Not the Blame
March 5, 2019
Following a natural disaster that causes property damage to businesses and homes -- say a hurricane, fire or flood -- how often do you hear suggestions that the victims were at fault for their misfortune, or that they could have done something to prevent the event from occurring in the first place? Not often, right? We all know that events like that are possible. We plan around those possibilities, and we don't blame the victims.
See More Articles in Data Management Section >>
How do you feel about your use of the Internet?
I spend a lot of time online and it's mostly high value.
I spend a lot of time online and much of it is wasted.
I'd like to experience more immersive online activities, like VR.
I'd like to spend more time in the real world.
I'd like to be always connected, perhaps with eyewear.
It's important to disconnect from the Web at regular intervals.
I go online as little as possible and I intend to keep it that way.
Amazon Advertising: Strategies to Drive Success
Get the ICMI Agent Experience Toolkit