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☆ Hot machine learning firms like Hugging Face, Snowflake, and Databricks are still hiring as the AI market heats up. Here are the skills and certifications needed to land a job in the field.
▼ + stars: | 2022-11-17 | by ( Matthew Lynley | ) www.businessinsider.com time to read: +3 min

Data scientists and other roles can make upward of $160,000. That includes several different roles, like data scientists that analyze massive datasets for trends to inform company decisions. Data scientists for production models earn $143,960, according to the H-1B data. Advanced data scientists generally build machine-learning models that work within products, like personalization algorithms. These employees often have extensive experience, education, or both, and they earn $161,944, according to H-1B data.

☆ Australia's top health insurer reels after data breach
▼ + stars: | 2022-11-07 | by ( ) www.reuters.com time to read: +2 min

Nov 7 (Reuters) - Medibank Private Ltd (MPL.AX), Australia's biggest health insurer, reported a massive data breach in October that compromised personal and medical information of its current and former customers, and slashed its stock value by almost a fifth. read moreOct. 17: Normal business operations resume. read moreOct. 19: Medibank says an unnamed hacker group contacted it to negotiate about customer data it claimed to have retrieved from the company's IT systems. read moreOct. 21: Medibank suspends trading amid the likelihood that the hack may impact more customers. read moreNov. 7: Medibank says no ransom will be paid to the criminal responsible for the data theft and that data of around 9.7 million current and former customers was compromised.

☆ Our guide to semiconductor companies and how their chips run our everyday lives
▼ + stars: | 2022-11-01 | by ( Zev Fima | ) www.cnbc.com time to read: +17 min

Semiconductor companies are also in the news a lot lately, whether it's the U.S. government cracking down on chip exports to China or innovations in connected cars and artificial intelligence. Since these companies don't need to invest in expensive fabrication facilities, they can run a more agile asset-light business model. Memory : The two main categories of memory chips are NAND and DRAM. Examples include those used for 5G, WiFi, Bluetooth, radiofrequency chips, near field communication chips (NFC), application-specific integrated circuit chips (ASICs), and so on. These chips are made by companies like Qualcomm, Marvell Technology, Broadcom (AVGO), ON Semiconductor, NXP Semiconductor (NXPI), and others.

☆ Mark Zuckerberg is trying to do what Google did with Android — but he learned all the wrong lessons
▼ + stars: | 2022-10-29 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +4 min

Meta's effort to build the metaverse is a way to wrangle back control of consumer data from Apple, experts say. Google's effort paid off, but it's likely that Mark Zuckerberg learned the wrong lessons from recent history. It's similar to why Google developed Android, but Mark Zuckerberg's project seems to miss one key ingredient that made Android a success. Android vs. MetaverseGoogle reportedly created Android more than a decade ago for the same reason: to compete with Apple. Google saw where Apple was going and continued to develop its Android platform to match Apple's iOS.

☆ Australia's No. 1 health insurer warns more patient data stolen in hack
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

Oct 25 (Reuters) - Australia's biggest health insurer Medibank Private Ltd (MPL.AX) said it expected the number of customers affected by a massive data breach to grow, after it discovered policy records of a further 1,000 customers had been stolen. Medibank, which provides coverage to one-sixth of Australians, said last week an unidentified person had shown the company stolen personal information of a 100 customers, including medical diagnoses and procedures. read moreOn Tuesday, the company said it had received more files from the criminal, showing information including personal and health claims data of more patients as well as files with some Medibank and international student customer data. 2 telco Optus (STEL.SI), which compromised the data of up to 10 million customers. Register now for FREE unlimited access to Reuters.com RegisterReporting by Shashwat Awasthi; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

☆ Mexico president backs defense ministry's refusal to account for massive data leak
▼ + stars: | 2022-10-18 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Oct 18 (Reuters) - Mexican President Andres Manuel Lopez Obrador has shaken off criticism against the country's defense ministry for refusing to appear before legislators to explain a major cyber hack, resulting in a massive data breach. Lopez Obrador asked the opposition to calm down and have some tea, during a regular news conference on Tuesday, describing the criticism as politically motivated. Lawmakers summoned Sandoval to explain what measures the armed forces were taking after a massive hack leaked classified information in September. Since taking office in 2018, Lopez Obrador has strengthened the armed forces' role in public security functions, such as infrastructure projects and customs activities. Mexico's Congress last week approved extending the role of the armed forces in public security tasks until 2028.

Buying other companies is one option to help maintain its historical 20%-plus annual revenue growth, a person familiar with Amazon's deal process said. While Amazon doesn't necessarily prey on companies in trouble, the company is extremely price disciplined, the person familiar with Amazon's deal process told Insider. Bertucci has been a part of some of Amazon's largest transactions, including leading the MGM and One Medical deals. According to the person familiar with Amazon's deal process, Amazon only brings in investment banks when acquisitions reach roughly the $1 billion mark. Indeed, the One Medical deal alone could have netted Goldman and Morgan Stanley, which repped One Medical, in the tens of millions in fees.

☆ Singtel's second unit faces cyber attack weeks after Optus data breach
▼ + stars: | 2022-10-10 | by ( ) www.reuters.com time to read: +1 min

Oct 10 (Reuters) - Singapore Telecommunications Ltd (STEL.SI) said on Monday its unit Dialog faced a cyber attack that potentially affected 1,000 current and former employees and fewer than 20 clients, weeks after a massive data breach at another Australian unit - Optus. Singtel said on Monday the attack on Dialog, an Australia-based information technology services consulting firm, was first detected on Sept. 10. Register now for FREE unlimited access to Reuters.com RegisterShares of Singtel were down 1.6%, as at 0315 GMT. The Singapore-based telecom firm assured that Dialog's systems were completely independent of Optus and information technology unit NCS, and that there was no evidence of any link between the incidents of data breaches at Dialog and Optus. ($1 = 1.5733 Australian dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Sameer Manekar in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

☆ Treasury Lays Groundwork for Ownership Registry, but Questions Remain
▼ + stars: | 2022-10-07 | by ( Dylan Tokar | ) www.wsj.com time to read: +5 min

Providing ExemptionsAnother key issue addressed by FinCEN’s rule relates to which companies will have to submit beneficial ownership information. Lawmakers reasoned that ownership information for such companies already would be readily available, but the large carve-outs have sparked questions from some quarters. They will be given 30 days to report beneficial ownership information. The road aheadFinCEN’s work establishing the beneficial ownership database is far from done. The beneficial ownership law requires companies to certify their reports are accurate and imposes penalties for people who willfully provide false information.

☆ Amazon dominates the $113 billion smart home market — here's how it uses the data it collects
▼ + stars: | 2022-09-28 | by ( Katie Schoolov | ) www.cnbc.com time to read: +12 min

Then in 2019, it paid $97 million for a mesh Wi-Fi system called Eero to help connect multiple smart devices in the home. Amazon's Eero mesh WiFi systems are shown inside the Amazon smart lab in Seattle, Washington, on September 9, 2022. Amazon's Ring Video Doorbell 4 is shown at the Amazon smart home lab in Seattle, Washington, on September 9, 2022. Or you may have actually told Alexa, 'Alexa, I'm leaving,' and to switch on your alarm system, for example," Koopmans said. Amazon's Smart Thermostat is shown inside the Amazon smart lab in Seattle, Washington, on September 9, 2022.

☆ Veterans group presses state and local prosecutors to go after far-right Patriot Front
▼ + stars: | 2022-09-20 | by ( Ryan J. Reilly | Ryan J. Reilly Is A Justice Reporter For Nbc News. | ) www.nbcnews.com time to read: +6 min

"We as veterans are tired of watching fascists run around, hurt people, and not be brought to justice. In July, group members marched in Boston, where no arrests were made. That same month, in Philadelphia, police detained but did not arrest members of the group after members of the public disrupted their march. Members of the Patriot Front attend the 49th annual March for Life rally Jan. 21, 2022, in Washington. He said he's hopeful his military and advocacy background will help prompt some prosecutorial movement against Patriot Front members.

☆ JPMorgan is trying to harness the power of quantum-computing to solve problems at lightning speed, from options pricing to fraud detection
▼ + stars: | 2022-09-08 | by ( Bianca Chan | Carter Johnson | ) www.businessinsider.com time to read: +5 min

As an emerging alternative to the traditional computer, JPMorgan execs believe quantum computing could upend how finance firms perform computations. Unlike classical computers, which can store only a one or a zero, quantum computers use quantum bits, or qubits. Qubits can store multiple values at the same time, which theoretically gives the quantum computers big speed advantages. Meanwhile, Fidelity has been exploring the potential of quantum computing in wealth management. Wells Fargo, too, has invested in quantum computing to process complex data structures used for fraud detection.

☆ Target's ace CEO will stay on for three more years
▼ + stars: | 2022-09-07 | by ( Nathaniel Meyersohn | Cnn Business | ) edition.cnn.com time to read: +1 min

New York (CNN Business) Target chief Brian Cornell — who led a major comeback at the retail chain — will stay on the job for three more years, the company announced Wednesday. Target's TGT Cornell, 63, was approachingmandatory retiring age of 65 for its top executive. Cornell is also the chair of Target's board of directors. The announcement ensures stability at the helm of Target amid one of its worst stretches in years. Walmart WMT Pepsi PEP Cornell, a formerandexecutive, took over as Target CEO in the summer of 2014 when the company was reeling from a massive data breach during the prior holiday shopping season.

☆ AI made these stunning images. Here’s why experts are worried
▼ + stars: | 2022-06-30 | by ( Rachel Metz | ) edition.cnn.com time to read: +11 min

OpenAI and Google have pointed to a few ways the technology might be commercialized, such as for editing images or creating stock images. An image created by an AI system called Imagen, built by Google Research. GoogleThe bias in these AI systems presents a serious issue, experts told CNN Business. It’s not what we see in the movies.”An image created by an AI system called DALL-E 2, built by OpenAI. Some researchers are thinking about how it might be possible to reduce bias in these types of AI systems, but still use them to create impressive images.

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