RIYADH (Reuters) – Saudi Arabia said it would convene a virtual meeting of energy ministers from the Group of 20 major economies on Friday “to foster global dialogue and cooperation to ensure stable energy markets and enable a stronger global economy”. A statement from the Saudi G20 secretariat said the energy ministers, speaking by video […]
Archives for 2020
House Democrats urge Boeing to take federal aid as plants shut down over coronavirus pandemic
Workers assemble a Boeing 787 Dreamliner at the Boeing Everett Factory in Everett, Washington. Patrick T. Fallon | Bloomberg | Getty Images U.S. House Democrats representing Washington state have urged Boeing to accept government aid to help weather the coronavirus pandemic after the plane maker’s chief executive balked at the possibility of government equity stakes in exchange for […]
AICPA applauds additional clarity in Treasury FAQs on Paycheck Protection Program
Late Monday night, Treasury and the U.S. Small Business Administration (SBA) released FAQs on the Paycheck Protection Program (PPP), the $349 billion small business relief program that is a key part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136. Over the past week, the AICPA and our small business funding coalition […]
Ethical AI during a pandemic
Awesome, not awesome.#Awesome“Reading minds has just come a step closer to reality: scientists have developed artificial intelligence that can turn brain activity into text. While the system currently works on neural patterns detected while someone is speaking aloud, experts say it could eventually aid communication for patients who are unable to speak or type, such […]
ETtech Top 5: VCs want Sidbi to ease sops criteria, hiring activity falls & more
Illustration: Rahul Awasthi VCs want Sidbi to ease sops criteria The news A lobby representing private equity firms and venture capitalists has requested state-run Small Industries Development Bank of India (Sidbi) to ease the qualifying criteria for its recently announced Covid-19 Startup Assistance Scheme (CSAS). The purpose The was launched by Sidbi as an interim […]
Online pharmacies struggle to keep up with demand
Online pharmacies, including 1MG, Medlife and NetMeds, are operating at 50-70% of their capacity, as they continue to face issues related to intercity movement of goods and staff shortage, two weeks into the ongoing 21-day nationwide lockdown. Although warehouses are open and delivery staff moving freely, they are operating at sub-optimal capacity. Since there is […]
WeWork files lawsuit against SoftBank after tender offer falls through
The special committee on the board of The We Company, which operates office-sharing startup WeWork, filed a lawsuit against its largest shareholder SoftBank Group on Tuesday, challenging its decision to terminate a $3-billion tender offer. Earlier in April, SoftBank said it had terminated the tender offer for additional WeWork shares agreed last year with shareholders, […]
ShareChat bets big on vernacular audiences with micro-influencers
Twitter-backed regional social media platform ShareChat is betting big on its reach among vernacular audiences to drive targeted campaigns by large advertisers in local languages. Executed by micro-influencers and user-generated content on its platform, the company has already carried campaigns by multinationals such as Facebook, Coca Cola, Pepsi along with homegrown giants like Oyo, MTR, […]
Data Management Heads into Major Transition
Data management and the tools that power it are on the cusp of a major transition that is poised to make the jobs of data engineers easier. One of the in-demand, emerging, and well-paid jobs that has emerged in the IT enterprise over the last decade may soon be getting some long-awaited help. Data engineers […]
Introducing incremental enrichment in Azure Cognitive Search
Incremental enrichment is a new feature of Azure Cognitive Search that brings a declarative approach to indexing your data. When incremental enrichment is turned on, document enrichment is performed at the least cost, even as your skills continue to evolve. Indexers in Azure Cognitive Search add documents to your search index from a data source. […]