U.S. government debt prices were lower Tuesday morning, following a rally for fixed income assets amid intensifying concerns over the Chinese coronavirus. At 2 a.m. ET, the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 1.6149%, while the yield on the 30-year Treasury bond was also higher at around 2.0621%. Chinese […]
Archives for 2020
India Inc cuts back on business with Oyo
L&T Infotech, Vodafone Idea, Tata Consultancy Services and several other companies have cut back on their business with SoftBank-backed Oyo Hotels & Homes for employee accommodation, people familiar with the matter at the hospitality firm, some of its former employees and hotel partners said. These sources cited multiple issues ranging from safety and security of […]
Zo Rooms challenges Oyo rejig in Delhi HC
The battle between Zo Rooms and Oyo has intensified with a fresh plea in the Delhi high court against the restructuring move by the SoftBank-backed accommodation major. Zo Rooms on January 21 filed a petition in the Delhi HC against Oyo’s decision to restructure its businesses and house them in new entities without informing the […]
Oyo gives B-schools a miss amid company rejig
Amid layoffs and restructuring, Oyo Hotels and Rooms has suspended further campus hiring for now, but the hospitality chain said the exercise will not impact job offers already rolled out at institutes. The SoftBank-backed hospitality chain, which is under pressure to rein in costs and streamline operations, has/will be giving most Bschools, including IIM Bangalore, […]
Intuit Recommends Shareholders Reject Mini-Tender Offer by TRC Capital Investment Corporation
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, has been notified of an unsolicited mini-tender offer by TRC Capital Investment Corporation (“TRC”) to purchase up to 400,000 shares of Intuit common stock at a price of $270.00 per share in cash. TRC’s offer price is approximately 4.54 percent lower […]
London adopts surveillance measures similar to those used in China
Awesome, not awesome.#Awesome“ A team at Facebook AI has created a reinforcement learning algorithm that lets a robot find its way in an unfamiliar environment without using a map. Using just a depth-sensing camera, GPS, and compass data, the algorithm gets a robot to its goal 99.9% of the time along a route that is […]
Where Common Machine Learning Myths Come From
There are a lot of misconceptions about ML that can have a negative impact on one’s career and reputation. Forrester and ABI Research weigh in. Image: Elnur – stock.adobe.com Forrester Research recently released a report entitled, Shatter the Seven Myths of Machine Learning. In it, the authors warn, “Unfortunately, there is a pandemic of ML […]
Can Jeff Bezos buy India? Apparently not
By Brad Stone The last two weeks have been remarkably eventful for Jeff Bezos. First, the Amazon co-founder’s visit to India was met with street-side protests, a new antitrust investigation into “predatory pricing and unfair trade practices” and hostile comments from the government led by India Prime Minster Narendra Modi. Then last week, Bezos’s yearlong […]
A fix for online child porn problem in India
A committee formed to look into the issue of child sexual abuse material on social media platforms has recommended that companies follow a uniform benchmark practice in regulating and taking-down such content. The Rajya Sabha panel headed by Congress leader Jairam Ramesh said social media platforms must target encrypted content to identify child sexual abuse […]
Six things to consider when using Video Indexer at scale
Your large archive of videos to index is ever-expanding, thus you have been evaluating Microsoft Video Indexer and decided that you want to take your relationship with it to the next level by scaling up. In general, scaling shouldn’t be difficult, but when you first face such process you might not be sure what is […]