Although AI has been around since 1965, public interest has only recently started taking off with pivotal breakthroughs in deep learning and neural networks In comparison to the US, China, or UK, Taiwan is not usually the first place that comes to mind when it comes to global AI hotspots. However, recent bold moves by […]
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Recent developments emanating from Beijing have many Westerners concerned; a spate of China-based tech IPOs have even ignited widespread paranoia that companies like Huawei and other Chinese tech firms are spying on American citizens and leveraging their sales to steal intellectual information. I’ve seen intense paranoia wrack the market before, but it seems like today’s fears are more widespread than ever. Is there any truth to the paranoia that Chinese tech firms are embarking on unprecedented surveillance missions? As we’ll come to see, our paranoia over the rise of another big tech market in Asia is largely misplaced, and could… This story continues at The Next Web
Wells Fargo & Co said a district court in California approved a US$142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts.