If you banked at Chase and received this note in an email or text, you might think it’s legit. It sounds professional, with no peculiar phrasing, grammatical errors or odd salutations characteristic of the phishing attempts that bombard us all these days. That’s not surprising, since the language was generated by ChatGPT, the AI chatbot released by tech powerhouse OpenAI late last year. As a promp
Cops and kids are playing Pokémon Go together in the streets, local businesses are tailoring their marketing around Pokémon Go, and self-professed socially awkward gamers are making new friends by the dozen. Walk around any neighborhood in America, and it's clear that Pokémon Go is enormously popular and having a massive social impact. How massive, though? Data published today by SimilarWeb indica
If you watch science fiction films, your idea of virtual reality may be a little more advanced than current technology. However, there's no denying that virtual reality applications are up and coming. Virtual reality (VR), also called immersive multimedia, is a computer-generated environment that simulates physical presence in either real world or imaginary places. VR aims to recreate sensory expe
Just days before the FAA is scheduled to announce recommendations from a micro drone task force (coincidentally, I'm sure, timed for April Fool's day), Australia joins the US's closest neighbors to the north and south in issuing simplified, risk-based regulations for commercial operations of micro UAS. The weight-based categories adopted by the Australians, similar to those of Mexico and Canada,
From fledgling businesses with brilliant ideas, to hi-po startups already scaling fast, Europe’s fintech sector has never looked so buoyant, or so appealing to investors. The sector itself is already evolving, with the focus starting to shift away from payments solutions to investment management, credit scoring and business finance, driven by disruptive businesses eager to please frustrated custom
According to a new report prepared for the UK Treasury and authored by accountancy firm Ernst & Young, Britain is not only one of the world's leading financial technology (fintech) innovation hubs, but it also has a better developed ecosystem than rivals such as California and New York. At first glance this seems a bold claim. A time-traveling business journalist moving forward from the 1980s or 9
Britain’s FinTech industry is the world’s number one according to a major new report published by the consultancy group EY following interviews with more than 65 experts from around the globe. The UK, which now employs 61,000 people in FinTech businesses, ranks ahead of all its international competitors – including FinTech hubs in the US – on the basis of the key criteria considered by the report'
Virtual reality was the next platform, he told the audience. “It’s going to change the way we live and work and communicate.” For Samsung this was a bold message about its desire to push forward into newer markets, and away from its staple of churning out the ubiquitous slabs of metal we call smartphones. Though it didn't announce a new version of the Gear VR, its virtual reality headset, it did u
Can scientists seriously program genetic switches into microbes, to make them into “smart” drugs that adjust to real-time conditions in the body? A little spinout from MIT just got $40 million to see how far it can go with the concept. Cambridge, Mass.-based Synlogic is announcing today it has raised $40 million in a Series B venture financing. The deal was led by OrbiMed Healthcare Fund Managemen
Customers don't buy the Internet of Things. Customers buy a solution to a specific problem where Internet of Things (IoT) components are part of that solution. This could be a well known problem where the customer is actively seeking a solution or it could be longstanding problem that a customer didn’t realize could be fixed. An IoT solution typical requires an ecosystem of partners that spans fro
AbbVie has the top-selling drug in the world, a hit for inflammatory diseases. But as its patents age, it’s placing a bet on an edgy little MIT spinout that could, at least conceptually, do an even better job of treating inflammatory diseases of the gut. Cambridge, Mass.-based Synlogic, a synthetic biology company built on research from the labs of James Collins and Tim Lu at MIT, is announcing to
These “things” will have two separate parts. One part will be sensors that collect data about us and our environment. Already our smartphones know our location and, with their onboard accelerometers, track our movements. Things like our thermostats and light bulbs will know who is in the room. Internet-enabled street and highway sensors will know how many people are out and about—and eventually wh
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