Share to Twitter Share to Linkedin TL;DR The Fed elected to raise base interest rates by 0.25 percentage points, sticking to the script despite financial uncertainty from the collapse of Silicon Valley Bank and Signature Bank AI continues to make headlines as both big and small tech companies release new products and features almost daily Crypto has been quietly picking up big gains, and some believe the current financial wobbles could mean it has further to run Top weekly and monthly trades Subscribe to the Forbes AI newsletter to stay in the loop and get our AI-backed investing insights, latest news and more delivered directly to your inbox every weekend. And download Q.ai today for access to AI-powered investment strategies. Major events that could affect your portfolio A month ago, it was all but guaranteed that the Fed would be raising rates by 0.25 percentage points in their March meeting. Some analysts were even … [Read more...] about Tech Companies Big And Small Look To Include AI Technology And Crypto Picks Up Big Gains – Forbes AI Newsletter March 25th
Sterlite technologies
Need To Know: Five Essential Hotel Updates For Travel Lovers
Share to Twitter Share to Linkedin 1. Aman takes over Rosa Alpina The iconic Rosa Alpina hotel, in Italy’s UNESCO-protected Dolomites, has been providing hospitality since 1939 and is about to enter perhaps its most exciting chapter yet – as a fully-fledged Aman resort. Having presided over Rosa Alpina for three generations, the Pizzinini family will remain at the helm of the serene mountain retreat. The long-term partnership with Aman sees the family unite with the brand’s philosophy of intuitive service and a luxury home-away-from-home experience. Currently undergoing an extensive refurbishment, the illustrious property will reopen under its new guise for the 2024/25 winter season. The revamp of Rosa Alpina will be overseen by long-time Aman collaborator Jean-Michel Gathy of Denniston Architects, who most recently masterminded the monumental transformation of the Crown Building to become Aman New York . The redesign will include a … [Read more...] about Need To Know: Five Essential Hotel Updates For Travel Lovers
Lies, Cursed Lies, And Spreadsheets: A History Of Financial Calculations
Share to Twitter Share to Linkedin Bruce V. Roberts, CEO of Carofin , arranges direct private investments in growth companies by family offices and high net worth individuals. For over 100 years there has been debate among historians, and a few eccentric mathematicians, over the origin of the quote, “There are three types of lies: lies, damned lies and statistics.” If you’re English, you could go with the 1st Earl of Balfour in 1892 or Benjamin Disraeli, a leading politician at that time. If you’re American, you’re probably thinking Mark Twain came up with it (he didn’t). Either way, it’s time to update this clever phrase—given today’s technologies. Spreadsheets, created on personal computers, now generate most of the financial reports and other more challenging computations used worldwide, including the statistics our forebears were so suspicious of. Complex analysis doesn’t necessarily lead to better conclusions. Monster spreadsheets, … [Read more...] about Lies, Cursed Lies, And Spreadsheets: A History Of Financial Calculations
What Automation Means For Cybersecurity—And Your Business
Share to Twitter Share to Linkedin Co-Founder and CEO of Varonis , responsible for leading the management, strategic direction and execution of the company. In the movie Apollo 13 , three astronauts returning to Earth are unaware of their perilous reentry. Back in Houston at Mission Control, chief flight director Gene Kranz (played by Ed Harris) comments on the unfortunate events, saying: "Is there anything they can do about it?" No one dared to speak. "Then they don't need to know." If Kranz was in IT security, he'd probably have a thing or two to say about actionable information and how there's sometimes too little and many times far too much. In this article, I'll share how automation can help turn the right information into action, helping to defend against cyberattacks, mitigate risk, shore up compliance and improve productivity. You Can't Unbreach Data The biggest security risk businesses face is lasting damage, which … [Read more...] about What Automation Means For Cybersecurity—And Your Business
How Remote Work Impacts Managers
Share to Twitter Share to Linkedin Discussions around the "future of work" nearly always revolve around knowledge workers. Since the Covid pandemic, many of these discussions revolve around remote work, and whether it has been productive, the gender issues involved when we work from home, and what it might do to corporate real estate. Research from Reichman University's Baruch Ivcher School of Psychology takes a different tact and explores the issue of remote work from the manager's perspective. The researchers wanted to understand how the transition to remote work has affected managers, especially in light of the reinvention of the managerial role in the wake of the transition. Changing role As part of the study, the researchers conducted in-depth interviews with roughly 30 managers from various industries who underwent the shift from office-based work to remote work during the pandemic. The managers were requested to narrate their experiences … [Read more...] about How Remote Work Impacts Managers
IndyCar, NTT And NTT DATA Sign Multi-Year Agreement
Share to Twitter Share to Linkedin Global technology and business solutions provider NTT and its subsidiary NTT DATA have strengthened its partnership with IndyCar. NTT and IndyCar announced on March 27 its entitlement extension will begin in 2024 after completion of the current agreement. NTT and NTT DATA will continue as the official technology partner of the NTT IndyCar Series, the Indianapolis Motor Speedway, the Indianapolis 500, and the IndyCar/NASCAR Brickyard weekend. It will increase its involvement through its Smart Venue application at the Indianapolis Motor Speedway as well as enhancements to its mobile app and continued data integration and transformation of the sport. The multi-year agreement also includes official technology partner status. “NTT is an excellent partner across our enterprise with strongexpertise and a deep commitment to our sport,” said Roger Penske, Chairman, Penske Corporation. “From Smart Venue technology at the … [Read more...] about IndyCar, NTT And NTT DATA Sign Multi-Year Agreement
Leadership In The Age Of AI: How To Build Your AI Literacy
Share to Twitter Share to Linkedin Beena Ammanath - Global Deloitte AI Institute Leader, Founder of Humans For AI and Author "Trustworthy AI." Statistically speaking, your organization is likely already using artificial intelligence, and you probably have full-scale deployment of at least three AI applications. A recent survey revealed as much, as well as that nearly every business leader sees AI as critical to business success over the next five years. AI may be transforming business and impacting the bottom line, but do business leaders understand how AI works, its applications and the potential risks? They need to. Being a successful leader in this era requires AI literacy. Counter to common assumptions, AI is not the sole province of data scientists and machine learning engineers. The technology is intellectually accessible without a data science background. AI literacy refers to a solid grasp of the different types of AI, the data they … [Read more...] about Leadership In The Age Of AI: How To Build Your AI Literacy
What Investors Should Consider When Thinking About The Potential Of AI
Share to Twitter Share to Linkedin Ozi Amanat is an international investor, venture capitalist and founder at K2 Global . I asked ChatGPT its opinion about artificial intelligence (AI) systems in today’s society, and this is what it had to say: As an artificial intelligence language model, I do not have personal opinions or beliefs. However, I can provide an objective analysis of AI systems in today's society. AI has brought about numerous benefits to society, such as improved efficiency, accuracy, and decision-making processes. It has also contributed to advancements in medical research, transportation, and various other industries. However, the deployment of AI systems in today's society also presents potential risks, such as job displacement, privacy concerns, and the possibility of biased algorithms. Therefore, it is crucial to ensure that AI is developed ethically and responsibly to mitigate these risks and ensure that the technology benefits … [Read more...] about What Investors Should Consider When Thinking About The Potential Of AI
A Quantum Leap In Timing
Share to Twitter Share to Linkedin Paul is President of Quantum Computing at ColdQuanta , where he leads the team building the world’s most useful quantum computer. So much of modern life relies on GPS that it has been estimated that an outage would cost the U.S. economy over $1 billion per day. Such an outage isn’t too far-fetched. We have seen recent examples of GPS being blocked in conflict zones, spoofed for nefarious purposes and disrupted by solar storms. At its heart, GPS is a timing system. To understand how timing relates to navigation, and how quantum technology will enable us to overcome the limitations of GPS, we need to go back in history a few hundred years. Dava Sobel’s book Longitude recounts the tale of John Harrison’s mechanical clock that revolutionized maritime navigation and global trade. In the same way that Harrison’s clock accelerated economic growth through the 18th and 19th centuries, optical clocks are … [Read more...] about A Quantum Leap In Timing
Winners And Losers Reveal The Market’s Flavor This Year: Nvidia Is Up, Pfizer Is Down
Share to Twitter Share to Linkedin You can understand a lot about this year’s stock market by looking at the winners and losers among the nation’s biggest stocks. Among the 167 stocks with a market value of $100 billion or more, the best performers this year are: · Nvidia (NVDA), up 83%. · Meta Platforms (META), up 71%. · Tesla (TSLA), up 55%. The worst performers are: · Pfizer PFE , down 21% · Bank of America BAC , down 19%. · ConocoPhillips COP , down 16%. Underdogs As if often the case, I’m more partial to the losers. Let’s start with Bank of America. Spurred by the failure of Signature Bank and Silicon Value Bank, bank stocks have fallen hard. Bank of America stock now sells for less than nine times earnings. Its average multiple in the past decade has been 14. That sounds like a chance to buy a good company on bad news, which I love to do. But banks are suffering because short-term rates have risen above … [Read more...] about Winners And Losers Reveal The Market’s Flavor This Year: Nvidia Is Up, Pfizer Is Down