The latest data from Inrix paints a dismal picture for folks traveling Wednesday (that’s today!) ahead of the Thanksgiving holiday. Drivers in Boston, New York City and San Francisco will see the largest delays with drive times nearly quadruple the norm, according to AAA and Inrix, which aggregates and analyzes traffic data collected from vehicles and highway…
One of the key topics to emerge out of this year’s Internet of Banking & Payments is the threat posed by Big Tech and whether incumbent retail banks will become irrelevant in the digital era. So much so that a panel discussion was dedicated to the subject, giving some of the industry’s most forward-looking experts…
Four days ago the crypto markets were crashing hard. Now they’re crashing harder. Bitcoin, which hasn’t fallen past $6,000 for months, has dumped to $4,413.99 as of this morning, and nearly everything else is falling in unison. Ethereum, flying high at $700 a few months ago, is at $140. Coinbase, that bastion of crypto stability,…
A ruling in late October against a little-known French adtech firm that popped up on the national data watchdog’s website earlier this month is causing ripples of excitement to run through privacy watchers in Europe who believe it signals the beginning of the end for creepy online ads. The excitement is palpable. Impressively so, given…
Apple always has an interesting ad for the holiday season. This time, it’s a cute little animated short film. It feels like a hybrid between a Pixar movie and a Wes Anderson creation. Named “Share Your Gifts,” the ad focuses on a dreamy teenager who spends a lot of time on her MacBook. She regularly…
Andrew Hobbs reports live from Internet of Banking & Payments 2018, as director of product development at Mastercard, Veronika Colucci, reveals how PSD2 and technological advancements are changing the payments landscape. The shift to tokenisation is central to the transformation currently taking place in payments. Tokenisation is the process by which the original card number is…
500 Startups has set its sights on Vietnam, a historically dormant market that’s recently emerged as one of the most rapidly-expanding tech ecosystems in Southeast Asia. The Silicon Valley startup accelerator and venture capital fund has raised $14 million for 500 Startups Vietnam, it’s Ho Chi Minh City-based micro-fund focused on Vietnam-headquartered startups or companies…
Bias in artificial intelligence (AI) systems can lead to inaccurate predictive models, inadequate search results, and discrimination, but a team of researchers at MIT claim to have found a way to overcome such biases. Their new method demonstrates that the main perpetrator is not the algorithms themselves, but how the data is collected. Vitally, the…
Shares of technology companies were battered in today’s trading as fears of an increasing trade war between the U.S. and China and rising interest rates convinced worried investors to sell. The Nasdaq Composite Index, which is where many of the country’s largest technology companies trade their shares, was down 219.4 points, or 3 percent, to…
The Joint Committee on the National Security Strategy has published a damning report on the UK’s critical national infrastructure, citing an absence of government leadership in the face of inevitable cyber attacks. The report, published today, states that: “The cyber threat to the UK’s critical national infrastructure (CNI) – 13 sectors including energy, health services,…
