“I’m sure the regulators globally are looking at this. There is...
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CrowdStrike Crisis: Negotiating ‘Blue Screen of Death’ (BSOD) loop
Clear understanding and documentation of cyber insurance policies...
All airport operators to conduct third party audit of structural stability of buildings
"All the airport operators have also been directed to carry out a...
China’s CATL is developing new EV battery with no nickel, cobalt, executive says
The new battery type will be different from existing NCA, NCM and LFP batteries and will have no expensive metals like nickel or cobalt, Meng Xiangfeng, a senior executive at CATL, told an industry conference held by the China Association of Automobile Manufacturers in Shanghai.
Trump says he is considering pardon for leaker Edward Snowden
Some civil libertarians have praised Snowden for revealing the extraordinary scope of America’s digital espionage operations including domestic spying programs that senior U.S. officials had publicly insisted did not exist.
But such a move would horrify many in the U.S. intelligence community, some of whose most important secrets were exposed. Trump has harshly criticized past leaders of the U.S. intelligence community and FBI, and on Thursday took aim at the bureau’s current director Christopher Wray, his own appointee.
Milagrow expects 15-20-fold growth in robot sales in FY21 due to Covid-19
The company has its own assembly plant in Gurgaon. Milagrow has provided robots to hospitals like AIIMS, Medanta etc during the lockdown period.
The robotic floor cleaners identify dirt on their own, clean them and move back to their charging point on their own if their battery level goes down.
Prudential Thailand deploys Munich Re’s digital solution, customers can avail real-time underwriting decisions
Pasalaree Theerasas, Chief Customer Officer, Prudential Thailand, said,“The automated solution shortens the turnaround time for underwriting decisions compared with the traditional process, and reduces the time spent by applicants in answering unnecessary or repetitive health questions and providing medical documents. ”
Digital and new business capabilities driving modernisation of life insurers: Novarica CIO Study
“For 60% of insurers surveyed, improving digital and new business capabilities stand out as the key drivers for modernization, followed by improvements in productivity to allow faster and more fluid underwriting processes and workflows,” said Tom Benton, Vice President of Research and Consulting at Novarica
UK trials new COVID-19 smartphone app, includes Indian language versions
The new app is part of the UK’s National Health Service (NHS) Test and Trace service Test and Trace programme and is being overseen by Indian-origin techie Randeep Sidhu as Head of Product.
Facebook removes 7 mn posts for sharing false information on Covid-19
The world’s biggest social media company removed about 22.5 million posts containing hate speech on its flagship app in the second quarter, up from 9.6 million in the first quarter. It also deleted 8.7 million posts connected to extremist organizations, compared with 6.3 million in the prior period.
Facebook said it relied more heavily on automation technology for reviewing content during the months of April, May and June as it had fewer reviewers at its offices due to the Covid-19 pandemic.
Electric carmakers seek out blank-check firms for funding as virus spooks private markets
Electric commercial truck maker Nikola Corp NKLA.O of Phoenix, Arizona, tried unsuccessfully to raise $1 billion (766 million pounds) in the private markets and only turned to a merger with a so-called blank-check company to go public as a way to raise the needed...
Sprout.ai aids Covid-19 insurance claim settlements with AI solution
Tony Emms, former CCO at Zurich UK and Sprout.ai advisory board member, says: “This solution is potentially transformational for the health insurance industry. Claim handling based on illness and medication coding frameworks create a huge amount of complexity. Medical claims are often the most difficult to handle because of these issues and their high volume, low value nature. By circumventing the coding system, with an entirely justified reasoning behind the triage, Sprout.ai has simplified the process for claims handlers. This solution will succeed because it impacts both leakage detection and efficiency gains simultaneously.”
Google turns Android phones into earthquake sensors; California to get alerts
eismology experts consulted by Google said turning smartphones into mini-seismographs marked a major advancement, despite the inevitably of erroneous alerts from a work in progress, and the reliance on a private company’s algorithms for public safety. More than 2.5 billion devices, including some tablets, run Google’s Android operating system.
“We are on a path to delivering earthquake alerts wherever there are smartphones,” said Richard Allen, director of University of California Berkeley’s seismological lab and visiting faculty at Google over the last year.