Swiss B2B blockchain company Equidato Technologies has announced the launch of its SophiaTX blockchain ‘mainnet’. Public blockchain SophiaTX is designed to be decentralised enterprise computing system that extends traditional enterprise applications, such as enterprise resource planning (ERP), supply chain management (SCM), and customer relationship management (CRM), into the blockchain environment. The aim is to use…
Researchers at MIT’s Media Lab have developed a machine learning system that ‘reads’ facial expressions to determine human emotions. The rush to develop machines capable of interpreting the intricacies of human communication and expression comes at a time when some believe that affective computing could provide the missing link between conventional robotics, software, and solutions that…
Auto parts manufacturer Industrial Automotive Components (IAC) is to roll out a range of industrial IoT (IIoT) projects at its Halewood, UK, plant, which could serve as a model for the $4.4 billion company’s other factories worldwide. Jessica Twentyman reports. On the aptly named Renaissance Way in the Merseyside town of Halewood, UK, a major…
Retail behemoth and connected technology company Amazon has reported Q2 results that reveal record profits of $2.5 billion and 39 percent year-on-year revenue growth. Amazon only topped $1 billion quarterly net income at the end of 2017, so its latest results represent a major financial achievement. Earnings per share of $5.07 overwhelmed consensus analyst predictions…
Following Discovery Communications $14.6 billion acquisition of Scripps Networks Interactive in March, the company is now toying with the idea of launching its own direct-to-consumer service. According to remarks made by Discovery CEO David Zaslav at an industry event, AdWeek reports [paywalled], the company is considering a service with all of Discovery’s networks at a price…
Internet of Business says A report by Comparitech has ranked the USA’s 50 states by the online privacy protections provided by local law, highlighting huge disparities across the country. The study evaluates each state based on 20 key criteria, covering customer data, social media, protection for journalists, employee communications, law enforcement agencies’ access to data,…
More bad news for subscription movie ticket service MoviePass, which acknowledged yesterday that there was an unidentified issue preventing people from using their MoviePass credit cards to get tickets. A regulatory filing from parent company Helios & Matheson offers more insight about what happened. The filing (first spotted by Business Insider) announces a “demand note”…
Cisco’s cybersecurity arm Cisco Talos has published several vulnerabilities discovered in the firmware of Samsung’s SmartThings Hub. The device is designed to be controlled using a smartphone app, giving the owner oversight of all connected devices in the home, meaning that any security flaw could have serious consequences. Cisco Talos’ Claudio Bozzato found that the SmartThings Hub was severely compromised.…
Microsoft has partnered with Black Girls Code, led by Kimberly Bryant, to enable the organization to launch a chapter in Seattle, Microsoft announced on LinkedIn today. Since launching in 2011, Black Girls Code has introduced technology and computer science to young black girls in 13 cities throughout the country. Seattle marks Black Girls Code’s 14th…
Research from global satellite communications services provider Inmarsat reveals the rapid ascendency of the industrial IoT (IIoT), along with its capacity to boost revenues and the obstacles that exist to greater adoption. Overall, businesses expect the IIoT to boost revenues by a total of $154 million. The survey, conducted by market researchers Vanson Bourne, focused…
