By Arinze Okigbo Artificial Intelligence, also known as AI, is human-like intelligence in a machine that is programmed and created to mimic human thinking and actions. It has advanced over the years and has become better as people are learning more about it and improving on it. Artificial intelligence dates back to
Tag: Microsoft
US Tech Stocks are Now Worth More than the Entire European Stock Market
By Jesse Pound KEY POINTS U.S. tech stocks were now more valuable by market cap than the entire European market, according to Bank of America.The European market was four times larger than U.S. tech in 2007, according to the note. The dominance of major U.S. tech stocks in recent years has pushed the sector
50 Journalists Lose Job to Robots at Microsoft
About 50 journalists working with Microsoft are set to lose their jobs, as the American multinational tech giant reportedly moves to replace them with robots. According to local media reports, those affected are contract employees working as curators for the company’s news website, MSN. They perform functions such as selection of stories,
Microsoft to spend $100 mln on Nigeria, Kenya tech development hub
Duncan Miriri Microsoft Corp will invest $100 million to open an Africa technology development centre with sites in Nigeria and Kenya over the next five years, the company said on Tuesday. Global tech giants, including Alphabet Inc and Facebook, have been increasing investment on the continent in recent years to take advantage
CyberNews: Design flaw compromises CIA agents in China
Editor's note: The insight from Sean Kanuck, IISS Director of Cyber, Space and Future Conflict states... The US President Donald Trump has reportedly rescinded Presidential Policy Directive 20 (PPD-20), an Obama-era policy governing how offensive cyber operations are approved by the federal government. The move is arguably designed to make it easier for
Facebook, Microsoft exceed revenue expectations
By Barry Eitel The Facebook and Microsoft both released quarterly earnings reports Wednesday, with both companies beating analyst expectations for revenue. Facebook revenue for its fourth fiscal quarter of 2017, which ended Dec. 31, hit $12.97 billion, up 48 percent from $8.8 billion for the same period in 2016. Revenues bested Wall
Microsoft set to cut thousands of jobs worldwide
Microsoft looks set to lay off a significant number of employees across the world, in a bid to reorganise its sales force. An anonymous source told TechCrunch that Microsoft is poised to cut "thousands" of staff across the globe. These changes are expected to be announced later this week. These restructuring