Bharath Manjesh / Reuters:
LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic — (Reuters) - Online lender LendingClub Corp (LC.N) said on Tuesday it would lay off 460 employees, including President Steven Allocca …
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Wednesday, April 22, 2020
LendingClub says it is laying off 460 employees, ~30% of its workforce, including President Steven Allocca, to slash costs amid the COVID-19 pandemic (Bharath Manjesh/Reuters)
Google Says State-Backed Hackers Increasing Coronavirus Phishing Attacks
Apple to Fix iPhone, iPad Flaw That Allows Hackers to Steal Data
Beyond Blue on Apple Arcade Is for the Marine Biologist in You
BCECEB Recruitment 2020 – Apply Online for 1767 AMIN Posts
The inside story of Facebook-Jio's $5.7 billion deal
Jeff Bezos, who sources say only worked on projects that posed a major risk to the company, has taken an active leadership role at Amazon amid COVID-19 (Karen Weise/New York Times)
Karen Weise / New York Times:
Jeff Bezos, who sources say only worked on projects that posed a major risk to the company, has taken an active leadership role at Amazon amid COVID-19 — The chief executive, who had distanced himself from day-to-day management, is closely involved in the company's response to the pandemic.
France is hypocritical to ask Google and Apple to ease their privacy protections for a French contact-tracing app, while being such a vocal critic of big tech (Mike Masnick/Techdirt)
Mike Masnick / Techdirt:
France is hypocritical to ask Google and Apple to ease their privacy protections for a French contact-tracing app, while being such a vocal critic of big tech — from the who-said-what-now? dept — We keep trying to explain to people that privacy is always about trade-offs …
Covid-19 hit star hotels check into online delivery platforms
SC mulls inhouse app for videoconferencing
Amid lockdown, fashion firms strive to keep customers engaged
The global AI agenda: Asia-Pacific
This report is part of “The global AI agenda,” a thought leadership program by MIT Technology Review Insights examining how organizations are using AI today and planning to do so in the future. Featuring a global survey of 1,004 AI experts conducted in January and February 2020, it explores AI adoption, leading use cases, benefits, and challenges, and seeks to understand how organizations might share data with each other to develop new business models, products, and services in the years ahead.
Within Asia-Pacific, how do executives see AI playing out in their business? What are the main use cases thus far, and what challenges do they face in AI deployment? The main findings of the report are as follows:
- Some 56% of Asian respondents to our survey had deployed AI in their operations by 2017, compared with less than a third of North American respondents and 35% on average across other regions. By 2019, nearly 96% of Asian respondents reported AI deployments, above the 85% average of respondents from the other regions.
- While AI is certainly a widely used technology, it is still at the fringes of many business processes. In line with the global trend, nearly half of survey respondents expect AI to be used in between 21% and 30% of business processes in three years’ time. A further 24% expect AI to touch up to 40% of business processes.
- Our survey finds that enterprises in Asia are using AI most extensively today in IT management (selected by 62% of respondents as a top-three area for AI), followed by customer service and research and development. The area where AI is set to grow the fastest by 2022 is across sales and marketing departments.
- Asia-Pacific is ahead of other regions in using AI for purposes such as the personalization of products and services and determining pricing. These trends are likely connected to the region’s leadership in e-commerce. Research company eMarketer estimates e-commerce across Asia-Pacific grew 25% in 2019 (faster than all other regions) to reach $2.271 trillion, representing 64.3% of global e-commerce spending.
- The greatest benefits achieved thus far have been in improved risk management, accelerated time to market, and better management decision-making capabilities. Within these areas, Asia is seeing greater success than other regions.
Download the full report.
https://ift.tt/3atYr5Q https://ift.tt/34ZkIXZAmerican teens, stuck at home during the pandemic, are looking to recreate the fun of prom online, with many turning to TikTok (Kaitlyn Tiffany/The Atlantic)
Kaitlyn Tiffany / The Atlantic:
American teens, stuck at home during the pandemic, are looking to recreate the fun of prom online, with many turning to TikTok — The pandemic has canceled proms nationwide, but teens are still re-creating the joy of them on TikTok. — “I'm sitting here, crying in my prom dress,” …
A case study of the amount and kinds of ads in 12 shows on the ad-supported tiers of Netflix, Peacock, Disney+, Max, Paramount+, and Hulu (Jon Keegan/Sherwood News)
Jon Keegan / Sherwood News : A case study of the amount and kinds of ads in 12 shows on the ad-supported tiers of Netflix, Peacock, Disne...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...