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Nvidia releases a recipe to make GPU computing ubiquitous in data centers

In Business, Emerging Technology, Science & Nature by Venture BeatLeave a Comment

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Nvidia wants its graphics processing units (GPUs) to handle the artificial intelligence computing and other heavy-duty parallel processing tasks in giant data centers. To that end, the company is launching a program that makes it easy for its big manufacturing partners to package its GPUs in AI supercomputers. Nvidia HGX is a kind of starter recipe for original design manufacturers (ODMs) — Foxconn, Inventec, Quanta, and Wistron — to package GPUs in data center computers, said Ian Buck, general manager of accelerated computing at Nvidia, in an interview with VentureBeat. Nvidia CEO Jen-Hsun Huang is announcing HGX at the Computex tech trade show in Taiwan today. HGX ha... Read More
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These Doctor Octopus-style robot arms are controlled with your feet

In Business, Emerging Technology, Mobile Technology by The VergeLeave a Comment

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These Doctor Octopus-style robot arms are controlled with your feet - The Verge... Read More
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How physicists solved the problem of infinity

In Business, Education, Emerging Technology, Science & Nature, Video by Tech InsiderLeave a Comment

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During the mid 20th century, physicists were grappling with a perplexing puzzle. It seemed that every time they applied equations to explain fundamental properties we see and experience around us — like the mass of a particle or what happens when two particles interact with each other — they always got the same answer: infinity.But this wasn't a result at all. It was mathematics' way of telling them that they were doing something wrong. Here, professor of physics and mathematics at Columbia University and co-founder of the World Science Festival, Brian Greene, reveals the story of how physicists ultimately tackled the puzzle of infinity.You can learn more fascinating science at this year's ... Read More
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Japan reportedly to allow drone deliveries in 2020, self-driving trucks in 2022

In Education, Emerging Technology, Government by Venture BeatLeave a Comment

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(Reuters) – Japan aims to finalize on June 9 plans to allow package delivery by drone sometime from 2020 and the commercialization of self-driving trucks by 2022, as it scrambles to breathe new life into its corporate sector, sources told Reuters. The government also plans to encourage more usage of Big Data and artificial intelligence to help diagnose medical conditions, said several government sources, who declined to be identified because the plans have not yet been finalised. “The priorities are improving life expectancy, revolutionizing transport, modernizing supply chains, improving infrastructure and using financial technology,” said one of the sources. The government plans to temporarily ease r... Read More
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Uganda’s cricket team dream of reaching the World Cup

In Business, Emerging Technology, Video by Al Jazeera EnglishLeave a Comment

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Uganda are aiming to reach the biggest tournament in world cricket.Right now they're hosting an international tournament for third tier teams that one day hope to qualify for the World Cup. Al Jazeera's Malcolm Webb reports from Uganda’s capital Kampala.- Subscribe to our channel: http://aje.io/AJSubscribe- Follow us on Twitter: https://twitter.com/AJEnglish- Find us on Facebook: ... Read More
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Cybersecurity startups will be funded at slower pace and lower valuations than last year

In Business, Emerging Technology, Events, Finance, Security, Start Up by Venture BeatLeave a Comment

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The current cycle of investment in cybersecurity began in 2012, catalyzed by three major IPOs: Proofpoint, Splunk, and Palo Alto Networks. As is typical, big exits in a space significantly increase investor confidence and drive up supply of capital as additional investors rush in hoping to find the “next big thing.” 2013 saw another major exit with the “eye-popping” IPO of FireEye. It also became the year that cybersecurity rocketed to the forefront of public attention — first after the ... Read More
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Instead of Banning Cheaters, Pokémon Go Trolls Them Hard

In Business, Emerging Technology, Finance, Gaming, Government, Security by Wired NewsLeave a Comment

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Now that the generalized Pokémon Go craze has subsided, the more captivating effort to catch ‘em all may be game developer Niantic’s ongoing battle against cheaters. Its latest evolution: Not banning bad actors, but banishing them to poké-purgatory.As detailed by Pokémon Go enthusiast subreddit The Silph Road, a recent Pokémon Go update targets players who use bots to trawl the globe for valuable Pokémon. In case you forgot how Pokémon Go ... Read More
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Why iteration is the key to great WebVR games

In Business, Emerging Technology, Government by Venture BeatLeave a Comment

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I like to encourage an iterative approach to designing immersive games, which happens if developers and studios simply afford themselves the space and opportunity to experiment in order to discover how their concept can be designed with effective hooks that get players to play repeatedly. Earlier this month I published an article that positioned WebVR gaming as the sweet spot the VR industry should be prioritizing. I then followed up to criticize the knee-jerk approach many developers and studios automatically take when building games and content with ... Read More
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GO champ Ke Jie talks about his match with Google’s AI

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The future belongs to artificial intelligence (AI), said the Chinese Go prodigy Ke Jie after he was defeated by the Google-owned AlphaGo computer program. The world's number one Go player gave an exclusive interview to CGTN on Sunday, a day after his defeat in the town of Wuzhen, east China's Zhejiang Province.... Read More
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Don’t get too excited about Facebook and Musk’s brain-interface ideas

In Business, Emerging Technology, Government, Science & Nature by Venture BeatLeave a Comment

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There has been a lot of excitement recently about developments in brain-computer interfacing. According to the team at Facebook, pretty soon we will be able to type using our minds and hear through our skin. And according to Elon Musk, one day soon we may be able to upload and download thoughts. Ideas such as the ability to type 100 words per minute with your mind, or learning kung fu a la The Matrix have been... Read More
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Scientists have discovered a mutation behind pugs’ weird little flat faces

In Business, Emerging Technology, Healthcare, Mobile Technology, Science & Nature by The VergeLeave a Comment

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Scientists have discovered a mutation behind pugs’ weird little flat faces - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.win... Read More
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How human creativity plays a role in AI

In Business, Emerging Technology, Science & Nature, Security by Venture BeatLeave a Comment

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Is there a more ambivalent word in English than “artificial”? Some artificial things are clearly beneficial, such as artificial organs, artificial insemination as a fertility treatment, and artificial sweeteners as an alternative to sugar for weight and diabetes control. But in other contexts, “artificial” can have a negative connotation. Artificial people. Artificial ingredients. Artificial turf on a baseball field. ... Read More
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Snap recently acquired Ctrl Me Robotics, an LA-based drone company

In Business, Emerging Technology, Mobile Technology by The VergeLeave a Comment

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Snap recently acquired Ctrl Me Robotics, an LA-based drone company - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=... Read More
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Meet the Nerds Coding Their Way Through the Afghanistan War

In Business, Education, Emerging Technology, Government, Healthcare, Legal, Science & Nature, Security, Start Up by Wired NewsLeave a Comment

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A disembodied voice sounded over a loudspeaker. “Incoming. Take cover,” it warned to anyone within earshot. Then, the sirens began to wail.Erin Delaney assumed it was a drill. She peeked down the hallway to see how other people were responding. Then she hit the deck. It was not a drill. The NATO base in Kabul where Delaney had been working for weeks was being attacked. Delaney, 24, had never had any military training. She grew up in San Diego, traveled up the coast for college at UC Berkeley, and spent the next two years nestled in the safe, Tesla-filled San Francisco bubble, working in the compliance department at Dropbox. Now, with her nose to the ground, she was getting a taste—however brief—of life in a war zone... Read More
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Amtrak: 3 tracks to be closed at Penn Station during repairs

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Three tracks at a time will be closed at Penn Station as part of extensive repair work there that is expected to inconvenience thousands of rail commuters this summer, an Amtrak official said Thursday. Michael DeCataldo, the national passenger railroad’s vice president of operations, offered details on the repair work, which Amtrak announced last month after two derailments and other major service disruptions highlighted the station’s aging infrastructure. It isn’t known yet how train schedules will be affected since final details haven’t been released. Amtrak has been negotiating with the Long Island Rail Road and New Jersey Transit, which combine to carry hundreds of thousands of people into and out of the station... Read More
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Sag Harbor waterfront home fetches $5.35M

In Emerging Technology by Long Island Business NewsLeave a Comment

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A contemporary waterfront home in Sag Harbor owned by a former media executive has sold for $5.35 million. The 3,100-square-foot, four-bedroom, 3.5 bathroom home on .40 acres at 54 Bay View Drive East was owned by Lou Cona, past president of Condé Nast Media Group, and his wife Donna. The identity of the buyer was not disclosed. The home, which was designed by noted architect Stuart Narofsky, features an infinity pool, chef’s kitchen and geothermal heating and cooling, so it burns no fossil fuels. The pro... Read More
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Rechler: LI’s continued economic growth requires industrial space

In Business, Emerging Technology, Events, Finance, Government, Healthcare, Science & Nature by Long Island Business NewsLeave a Comment

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Long Island’s economy is thriving and the lack of available industrial properties tells this story. Businesses are moving east at an exponential pace in search of the next available and affordable source of industrial space. Much like our grandfather did 60 years ago, my cousin Gregg and I see the potential for economic prosperity in parts of Long Island where others might not. The East End is primed to be the next frontier for industrial businesses, and we are working vigorously to stay ahead of the curve. The Hampton Business District, where we recently brok... Read More
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Veeco acquires Ultratech

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In a nearly $1 billion deal, Plainview-based Veeco Instruments has acquired San Jose, Calf.-based Ultratech. Veeco valued the transaction at $862.3 million in stock and cash, including 7.4 million shares of Veeco stock and a$628.4 million in cash. Ultratech shareholders will receive $21.75 in cash and 0.2675 shares of Veeco stock for each Ultratech share. Ultratech is a maker of lithography, laser-processing and inspection systems used to manufacture semiconductor devices and LEDs. Veeco CEO John Peeler said this makes his firm “a leading equipment supplier to the growing advanced packaging industry” and brings economies of scale. “We believe this is the ideal platform to accelerate growth, enhanc... Read More
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US growth in Jan.-March upgraded to still-slow 1.2 pct. rate

In Business, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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The U.S. economy began 2017 with a whimper — though not quite as weak a whimper as the government had first estimated. The gross domestic product — the broadest gauge of the economy — expanded in the January-March quarter at a 1.2 percent annual rate, the government said Friday. That was better than its initial estimate of a 0.7 percent rate but far below President Donald Trump’s growth targets, which most economists consider unrealistic. The government’s upgraded estimate of first-quarter growth reflected new-found strength in consumer spending, business investment and state and local government spending. Many analysts have estimated that growth in the current April-June quarter is rebounding to an annual ... Read More
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What’s Next: Law 2017

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Long Island Business News offers subscribers a digital edition of its special sections that gives readers the look and feel of print in a simple online format.         Click here to see other special publications.     ... Read More
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The sky’s the limit

In Business, Education, Emerging Technology, Government, Science & Nature, Start Up by Long Island Business NewsLeave a Comment

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You can call Sean Tucker a trick pilot, a barnstormer, and an honorary member of the Blue Angels, Thunderbirds, Canadian Snowbirds, Golden Knights and Brazilian Smoke Squadron. Just don’t call him crazy. “You can only be crazy once, and I’m not gonna do that,” Tucker stated with an air of finality. The world-renown pilot prefers to call the barrel rolls, nose dives, and front flips he performs for millions of spectators each year “illusions.” “Every tumble and twirl, twist and spin, front flip or flying backwards tail first – it’s all choreographed. It’s all planned,” Tucker said. The real trick, he thinks, is to make the maneuvers he insists are very calculated and rote “appear potenti... Read More
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US stock indexes waver Friday, keeping market near record highs

In Business, Emerging Technology, Energy, Finance, Government by Long Island Business NewsLeave a Comment

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U.S. stocks are little changed Friday, keeping indexes near record highs following a six-day winning streak. Technology companies, which have led the market’s recent rally, are flat overall. Video game companies are falling as Wall Street was disappointed by forecasts from GameStop. Consumer-focused companies rose. KEEPING SCORE: The Standard & Poor’s 500 index held steady at 2,414 as of 10:40 a.m. Eastern time. The Dow Jones industrial average was little changed at 21,082. The Nasdaq composite stayed at 6,204. The Russell 2000 index of small-company stocks sank 6 points, or 0.4 percent, to 1,377. GAME OVER: GameStop’s first-quarter results were stronger than analysts expected, but sales of wireless devices were w... Read More
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The DeanBeat: Prey is a game where the developers decided to torture gamers

In Business, Emerging Technology, Gaming, Government, Science & Nature by Venture BeatLeave a Comment

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Bethesda’s Prey turned out to be a surprisingly engaging game for me. It reminded me of BioShock and its progression system where I became more and more powerful in dealing with frightening enemies. But I also felt manipulated and frustrated. More than once, I slapped my head about why the developers at Arkane Studios, who clearly agonized over this game in the multiple years it took them to make it, made the choices they did. I felt they tortured me. The game itself had a tortured history. The original came out in 2006 from Human Head Studios. The sequel got lost in development hell, and Bethesda acqu... Read More
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Why Soul Machines made an AI baby

In Business, Education, Emerging Technology, Government, Legal, Science & Nature, Start Up by Venture BeatLeave a Comment

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At Soul Machines, a company that uses artificial intelligence to create lifelike avatars that respond to human emotion, a fair amount of their work could be considered unsettling to the average person who fears the coming takeover by our AI-robot overlords. It’s a company that pretty much lives in the uncanny valley, that space between fake and real that can creep people out, but that’s not usually what happens when people meet BabyX, said Soul Machines founder Mark Sagar. Instead, he says, wh... Read More
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Poll: Most older Americans want Medicare for long-term care

In Business, Emerging Technology, Government, Healthcare, Legal by Long Island Business NewsLeave a Comment

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A growing number of Americans age 40 and older think Medicare should cover the costs of long-term care for older adults, according to a poll conducted by the Associated Press-NORC Center for Public Affairs Research. That option is unlikely to gain much traction as President Donald Trump’s administration and Republicans in Congress look to cut the federal budget and repeal President Barack Obama’s 2010 health care law. Most older Americans mistakenly believe they can rely on Medicare already for such care, the poll shows, while few have done much planning for their own long-term care. Things to know from the AP-NORC poll of older adults: MOST WANT MEDICARE TO PAY More than half of older Americans —56 pe... Read More
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Trump fan fight ends with higher energy standards

In Business, Emerging Technology, Energy, Government, Healthcare, Legal, Science & Nature by Long Island Business NewsLeave a Comment

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Following two delays and litigation by New York State and ten other states and municipalities, the Trump Administration has set a date for new energy efficiency standards to take effect for ceiling fans. The Department of Energy on Jan 19 published new energy efficiency standards for ceiling fans set to take effect March 20. It then put them on hold. The Trump Administration delayed the rule’s effective date twice, prompting litigation by New York State as well as various other states and municipalities. New York State and 10 other states and municipalities on April 3 argued the Administration’s delays broke the law. The suit, filed in the Second Circuit Court of Appeals, argued that delaying the rule vio... Read More
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Shredding and snacks in Smithtown

In Business, Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Get ready for an event on Long Island that is just going to be tearing things up. Quest Capital & Risk Management is inviting people to drop by their offices for a day of shredding. Documents, that is. The shred fest, or whatever you choose to call it, is scheduled for 4:00 p.m. to 6:30 p.m. on June 17  at their headquarters, 23 Bellemeade Ave. in Smithtown. The company is asking individuals to bring paper for some personal shredding, but is not asking businesses to bring their boxes of documents. A shred truck will be on hand to usher the documents into oblivion. The event will include snacks and some drinks as well as a chance... Read More
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No. 219: Mark Cuban, Casper the friendly mattress and guess what’s selling better than Viagra

In Business, Education, Emerging Technology, Gaming, Government, Healthcare, Science & Nature, Security, Start Up by Innovate LILeave a Comment

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TGIF: Welcome to the Friday edition and hope it’s capping an awesome week. The Innovate staff is celebrating the long Memorial Day weekend, so no Tuesday newsletter. Please do take a moment to thank the 1.8 million Americans who have died in uniformed service to our country. Today’s birthday troika: Peggy Lee, Stevie Nicks, Lenny Kravitz. 30 Rock rocks: The Feinstein Institute celebrated the remarkable achievements of its ... Read More
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AI Weekly: AlphaGo’s triumph shows the future of machine learning isn’t so black and white

In Business, Education, Emerging Technology, Gaming, Government, Mobile Technology by Venture BeatLeave a Comment

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This week, Google’s AlphaGo defeated a top-ranked Chinese Go player, Ke Jie, in the first match of a three-game series underway in China. The victory by AlphaGo — created by DeepMind, which Google bought 3 years ago — follows its headline-grabbing triumph over South Korean Go star ... Read More
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Google’s AlphaGo beats Chinese world champion Ke Jie in ancient game

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Published on May 25, 2017The race to develop the perfect artificial intelligence program has passed another milestone. CGTN's Owen Fairclough reports. Category License Standard YouTube License ... Read More
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Netflix drops ‘Castlevania’ teaser

In Business, Emerging Technology, Video by NewsyLeave a Comment

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The new teaser for Netflix's "Castlevania" series plays up its video game origins.Learn more about this story at www.newsy.com/69447/Find more videos like this at www.newsy.comFollow Newsy on Facebook: www.facebook.com/newsyvideosFollow Newsy on Twitter: www.twitter.com/newsyvideos... Read More
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A physicist answers why we are here

In Business, Emerging Technology, Science & Nature, Video by Tech InsiderLeave a Comment

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Physicist Robbert Dijkgraaf, a contributor to the "The Usefulness of Useless Knowledge," explains how the small differences in theories about space and time might explain why life just happened to happen. Below is a transcript of the video:Perhaps the most fundamental philosophical question that you can ask in science is: “Why are we here?”I’m Robbert Dijkgraaf. I am Robbert Dijkgraaf and the Director and Leon Levy Professor of the Institute for Advanced Study in Princeton, N.J. and a theoretical physicist.To understand the universe, we have to bring together the two key ideas that are governing modern physics. On the one hand, we have Einstein’s theory of relativity. That describes th... Read More
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Will artificial intelligence help us solve every problem?

In Emerging Technology, Government, Video by PBS NewsHourLeave a Comment

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Artificial intelligence is going to change how we live to such a degree, that when we look back at driving a car, it will seem to us the way the Middle Ages looks from today's perspective. That's according to Sebastian Thrun, who gives his Brief but Spectacular take on imagining the future and the way we'll all be transformed by the coming revolution.... Read More
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Destination Long Island: June 1-8

In Business, Emerging Technology, Events by Long Island Business NewsLeave a Comment

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THE ILLUSIONISTS: LIVE FROM BROADWAY AT TILLES CENTER Seven masters of illusion promise to keep audiences on the edge of their seats in an entertaining evening of magic. (Tilles Center for the Performing Arts. Brookville. 516-299-3100. June 1.) SGT. PEPPER’S 50TH ANNIVERSARY AT GOLD COAST ARTS CENTER Fifty years after the Fab Four’s landmark album, a new film, “Deconstructing The Beatles,” looks at the band’s contributions and innovations. After, BeyondFab performs as the evening continues with drinks and desserts. (Gold Coast Film Festival. Great Neck. 516-829-2570. June 1) TAG SALE AT HAMPTON RACKET Antiques, wine, art, china, glassware and other collectibles are just some of the highl... Read More
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Leaders speak of a ‘retrofitted’ suburbia

In Business, Emerging Technology, Events, Government, Legal, Science & Nature by Long Island Business NewsLeave a Comment

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Two transportation initiatives announced Wednesday will boost Long Island’s economy, Suffolk County Executive Steve Bellone told local leaders at the Hauppauge Industrial Association Business Trade Show & Conference executive lunch today in Brentwood. Those projects – the MTA-approved funding for the proposed LIRR third track and the addition of Denver-based Frontier Airlines, which will start service at Long Island MacArthur Airport to Orlando – will help to retrofit suburbia, he said. The efforts will help to make the region competitive, attracting a young knowledge workforce. “It will create an environment in which they can thrive and make the region accessible to them,” he said. These initiatives ... Read More
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Stony Brook honors historian focusing on health

In Education, Emerging Technology, Government, Healthcare, Legal, Science & Nature by Long Island Business NewsLeave a Comment

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Stony Brook University has named Paul Kelton, a historian who specializes in the impact diseases brought by Europeans had on Native Americans and history, as the first Robert David Lion Gardiner Chair in American History. The Stony Brook University College of Arts and Sciences’ Department of History last February created the chair thanks to an unspecified donation from the Robert David Lion Gardiner Foundation. Kelton served as Professor of History at the University of Kansas, Lawrence, and is the author of numerous books including Epidemics and Enslavement: Biological Catastrophe in the Native Southeast, 1492-1715. He got his Ph.D., from the University of Oklahoma in 1998 and has since specialized in studying the ... Read More
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Google’s AlphaGo defeats Human Go Champion

In Business, Emerging Technology, Video by NewsBeat SocialLeave a Comment

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Published on May 25, 2017Google's DeepMind AlphaGo artificial intelligence machine defeats Ke Jie in Go match during the Future of Go Summit in Wuzhen, China Category License Standard YouTube License ... Read More
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Google’s AlphaGo defeats Human Go Champion

In Business, Emerging Technology, Video by NewsBeat SocialLeave a Comment

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Published on May 25, 2017Google's DeepMind AlphaGo artificial intelligence machine defeats Ke Jie in Go match during the Future of Go Summit in Wuzhen, China Category License Standard YouTube License ... Read More
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For deposed Ford CEO, the future didn’t come quickly enough

In Business, Emerging Technology, Events, Finance, Government, Mobile Technology, Start Up by Venture BeatLeave a Comment

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Ford announced that CEO Mark Fields retired on Monday and will be replaced by Jim Hackett. After months of shareholder grumblings about Ford’s stock market performance, it’s obvious that his hand was forced, but he was allowed a graceful exit. Ford’s stock has tumbled 35 percent since Fields took the helm, so it’s no huge surprise to see him go. Fields’ connected car dreams Nobody ever said Fields was not ambitious. During his tenure, we saw a dramatic change in direction within Ford — sharply toward connected car tech, autonomous vehicles, and mobility solutions.... Read More
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For deposed Ford CEO, the future didn’t come quickly enough

In Business, Emerging Technology, Events, Finance, Government, Mobile Technology, Start Up by Venture BeatLeave a Comment

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Ford announced that CEO Mark Fields retired on Monday and will be replaced by Jim Hackett. After months of shareholder grumblings about Ford’s stock market performance, it’s obvious that his hand was forced, but he was allowed a graceful exit. Ford’s stock has tumbled 35 percent since Fields took the helm, so it’s no huge surprise to see him go. Fields’ connected car dreams Nobody ever said Fields was not ambitious. During his tenure, we saw a dramatic change in direction within Ford — sharply toward connected car tech, autonomous vehicles, and mobility solutions.... Read More
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Census: Nassau towns grow; many in Suffolk shrink

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Nassau County towns overall are growing while many in Suffolk County are declining in population, according to the latest estimates by the United States Census Bureau. The U.S. Census today reported the data regarding population changes in Long Island towns from July 1 of 2015 to July 1 of 2016. It’s based on annual population estimates starting with the 2010 Census and up to July 1, 2016, designed to track population changes. The estimates were released soon after the Census Bureau estimated that the U.S. population had topped 325,000,000, well above the 323,127,513 estimate for 2016. In Nassau County, the U.S Census Bureau estimates that as of July 1, 20... Read More
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LI smart-growth projects to be honored next month

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A host of real estate developments and business leaders will be recognized at the 16th Annual Long Island Smart Growth Awards scheduled for next month. Organized by community planning organization and smart-growth advocate Vision Long Island, the luncheon event at the Crest Hollow Country Club in Woodbury on June 9 will showcase the people and projects that advance the revitalization of area downtowns and investment in infrastructure for the future. Among those honored at this year’s event will be John Cameron, from Cameron Engineering and the Long Island Regional Planning Council, who will receive a regional leadership award. A community leadership award will be pr... Read More
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ITA & Global Futures Group Partner to Focus on Smart Cities

In Business, Emerging Technology, Events, Government, Healthcare, Security, Start Up by International Trade AdministrationLeave a Comment

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Earlier this month, ITA Strategic Partner Global Futures Group (GFG) hosted the 2017 Smart Cities: Powered by People Conference (SCNYC17) in Brooklyn. This was the first show of its kind to focus on the importance of citizen participation in making cities “smart.” The four-day event brought together global mayors, CTOs, CIOs, civil society organizations, non-profits, the private sector, and thought leaders from around the world for discussions and debates on the key issues confronting modern urban leaders in their efforts to improve the quality of life in their cities. ITA’s U.S. Commercial Service Office... Read More
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Joe Dowd: When 8-year-olds are soft targets

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I’d never heard of Ariana Grande until Monday night when a feckless coward shattered countless lives, including those of children, at the end of the pop star’s concert. The suicide bombing took place in Manchester, England, but it could have been Madison Square Garden or the Nassau Coliseum. Those innocents lying in pools of blood could be our own. We’ve taken our kids to concerts just like this one. Maybe yours saw Britney Spears or Miley Cyrus live, performers who, like Grande, began their careers on children’s TV shows. When the kids got older, it might have been Warped Tour at Jones Beach. We dropped them off, their hair dyed purple or pink, their attire black from head to toe. Remember the relief you fel... Read More
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Retailers help send indexes to records on 6th day of gains

In Business, Emerging Technology, Finance, Government, Mobile Technology by Long Island Business NewsLeave a Comment

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U.S. stocks are climbing for the sixth day in a row Thursday as strong quarterly results from retailers including Best Buy and PVH give consumer-focused companies a lift. The Standard & Poor’s 500 index and Nasdaq composite are trading at all-time highs. Stocks are stretching for their longest winning streak in three months. KEEPING SCORE: The Standard & Poor’s 500 index rose 12 points, or 0.5 percent, to 2,416 as of 12:45 p.m. Eastern time. It set an all-time high Wednesday. The Dow Jones industrial average gained 76 points, or 0.4 percent, to 21,087. The Nasdaq composite jumped 45 points, or 0.7 percent, to 6,208, above the record it notched last week. The Russell 2000 index gained 1 points, or 0.1 percent, to 1,383.... Read More
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Sears revenue continues decline amid tough landscape

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Sears’ extended decline in sales persisted during the first quarter and the storied retailer vowed additional spending cuts to offset its slowing business. The company’s losses widened to $222 million, or $2.15 per share on weak sales. The company has been closing stores and selling brands long affiliated with Sears, including Craftsman. A year ago the company reported a loss of $181 million. Revenue fell 20 percent, to $4.3 billion, and sales at established stores sales fell 11.9 percent. In March, Sears Holdings Corp. said there is “substantial doubt” it could continue as a viable concern, with intense pressure coming from companies like Wal-Mart, Target and Amazon.com. It has insisted that its actions to t... Read More
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A $2.5M ‘bot in the arm for Southside Hospital

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A state-of-the-art surgical robot is bringing new options to Southside Hospital patients requiring a laundry list of minimally invasive procedures. Named for the innovative15th-to-16th century Italian artist, scientist and engineer, the $2.5 million da Vinci Xi Surgical System offers unparalleled precision for cardiac, thoracic, gynecologic and urologic procedures, as well as surgical oncology and other general surgeries. ... Read More
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The top perk of telecommuting? No commute

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The best part about working from home? Cutting out the daily commute, say respondents to a recent LIBN.com poll. In response to the question “What is the best perk for employees who are permitted to work from home?,” 52 percent of respondents said it’s not having to spend time and money getting to the office. Ease of work/life balance, at 35 percent, came in second. A small amount of respondents – 6 percent – said the best perk of telecommuting is the ability to be mobile – to “work on the go.” Another 6 percent responded that employees should not be allowed to work from home. LIBN conducts weekly informal polls of readers on LIBN.com. The “Working from Home” poll was open from May 17 throu... Read More
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Priciest home sales in Albertson

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Priciest home sales in Albertson (11507) April 2017 The three highest-priced home sales in Albertson last month ranged from $570,000 to $841,000. The priciest Albertson home sold in April was a 4-bedroom, 3.5-bath colonial on .09 acres at 131 Devon Road that sold for $841,000. It was listed by Seung Shin of Promise Northern Realty and sold by Julian Armas of Laffey Real Estate. A 4-bedroom, 2.5-bath colonial on .14 acres at 59 Netz Place fetched $648,000 in cash, $13,000 over asking price. The property was listed by Christine Lavelle of Coach Realtors and sold by Sandy Chang of Douglas Elliman Real Estate 21 days after it was listed. At 135 Evans Ave., a 3-bedroom, 1-ba... Read More
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US home equity is back, so why aren’t more people borrowing?

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Alicia Johnson and her husband wanted to renovate their home last fall but ran into a roadblock: When they tried to refinance their mortgage and borrow against their equity, five banks said no. Problem was, the Johnsons’ mortgage covered their home in Christiansburg, Virginia, and some adjacent land — a deal-breaker. “They all pointed to the same thing: The rules have changed,” she said. The banks refused to lend against both the home and the land. Their frustration reflects a major factor slowing a still-sluggish U.S. economy: The inability of many to tap their home equity. Americans have long borrowed against the ownership stakes in their homes to buy cars, build decks and renovate houses. That borro... Read More
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Best Buy: Shoppers take advantage of tax refund checks

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Best Buy had better-than-expected sales of mobile devices and strong sales of gaming products during the first quarter, after the delayed arrival of federal tax refund checks put Americans in the mood to buy stuff. Shares surged nearly 17 percent Thursday to levels not seen since before the recession and the emerging dominance of Amazon.com. For the three months that ended April 29, Best Buy Co.’s revenue climbed to $8.53 billion from $8.44 billion. That’s better than the $8.26 billion analysts expected, according to a poll by Zacks Investment Research. Online sales jumped 22.5 percent domestically. “Compared to our expectations going into the quarter, our revenue was higher due to strong performance in gaming,... Read More
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Insurers continue to hike prices, abandon ACA markets

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People shopping for insurance through the Affordable Care Act in yet more regions will be facing higher prices and fewer choices next year as insurance companies lay out their early plans for 2018. Blue Cross and Blue Shield of North Carolina is asking regulators for a 23 percent price hike next year because it doesn’t expect crucial payments from the federal government to continue. That announcement comes a day after Blue Cross and Blue Shield of Kansas City said it will leave the individual market next year, a decision that affects about 67,000 people in a 32-county area in Kansas and Missouri. Other insurers, such as Aetna and Humana, have also said they will abandon this kind of coverage, though some, including Centen... Read More
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CBO says House health bill would leave millions uninsured, and other MoneyWatch headlines

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Published on May 25, 2017Health reform bill would leave 23m more uninsured; Fed primed to hike interest rates; and Tesla workers raise safety concerns. These headlines and more from CBS MoneyWatch. Category License Standard YouTube License ... Read More
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Retailers lead US stocks higher Thursday

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A strong batch of earnings from retailers including Best Buy is sending stock prices higher in early trading on Wall Street. Best Buy soared 12 percent early Thursday after reporting earnings and sales that came in well ahead of what analysts were expecting. Williams-Sonoma gained 3.9 percent and PVH, which owns Calvin Klein and Tommy Hilfiger, rose 5.4 percent. The market has risen for five straight days. If it closes higher again on Thursday it will mark the longest winning streak in three months. The Standard & Poor’s 500 index increased 4 points, or 0.2 percent, to 2,409. The Dow Jones industrial average rose 52 points, or 0.3 percent, to 21,064. The Nasdaq composite climbed 16 points, or 0.3 ... Read More
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Democrats Pellegrino, Benjamin win NY legislative seats

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A Democratic candidate for New York’s state Assembly dispatched her Republican opponent Tuesday night in a Long Island district that supported Republican President Donald Trump last fall. Christine Pellegrino won 58 percent of the vote to defeat conservative Tom Gargiulo. Trump earned 60 percent of the vote in the district last November, making Pellegrino’s victory especially sweet for Democrats. “It’s a district that’s strongly Republican and the fact that the Democrats picked up that seat says something,” said Siena College pollster Steve Greenberg. Pellegrino, a teacher active in the anti-Common Core movement, was backed by the teachers’ union and had strong support from the Democratic and Working Fa... Read More
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Mossberg: The Disappearing Computer

In Business, Emerging Technology, Government, Healthcare, Legal, Mobile Technology, Science & Nature, Security, Start Up by The VergeLeave a Comment

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This is my last weekly column for The Verge and Recode — the last weekly column I plan to write anywhere. I’ve been doing these almost every week since 1991, starting at The Wall Street Journal, and during that time, I’ve been fortunate enough to get to know the makers of the tech revolution, and to ruminate — and sometimes to fulminate — about their creations. Now, as I prepare to retire at the end of that very long and world-changing stretch, it seems appropriate to ponder the sweep of consumer technology in that period, and what we can expect next. Let me start by revising the oft-quoted first line of my first Personal Technology ... Read More
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Big drop in NY-area construction starts

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New York-area construction starts plunged in April, as compared with a year ago. Overall there were more than $1.89 billion in construction starts in the New York area in April, down 38 percent from the $3.05 billion in construction starts recorded in April 2016, according to the latest report from Dodge Data & Analytics. Both residential construction starts and nonresidential starts declined. There was $979 million in nonresidential construction starts in April, 34 percent less than the $1.47 billion in starts a year ago. There was $915 million in residential building starts in April 2017, down 42 percent from the $1.58 billion in starts recorded a year ago. F... Read More
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To defeat Google’s AI, the humans must GO!

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At the Future of Go Summit in Wuzhen, China, a match is taking place between two formidable opponents: 19-year old prodigy and world champion Ke Jie - and Google's artificial intelligence system called AlphaGo.... Read More
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Keiser Report: ‘Criminal Organisation Deutsche Bank’ (E1075)

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Check Keiser Report website for more:http://www.maxkeiser.com/In this episode of the Keiser Report, Max and Stacy discuss Deutsche Bank: International criminal organisation. So says the judges presiding over the case of the collapse of the world's oldest bank at the hands of some deadly derivatives. In the second half, Max interviews J.P. Sottile of Newsvandal.com about the robot economy and the future of employment. WATCH all Keiser Report shows here:http://www.youtube.com/playlist?list=... Read More
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Tesla’s injury rate one-third higher than industry average, says worker advocacy group

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(Reuters) — A California-based workers advocacy group released a report on Wednesday saying that Tesla data showed its workers have been injured at a rate a third higher than the auto industry average. Worksafe made the analysis after being approached by the United Auto Workers, the Detroit-based union that has been talking to Tesla employees about organizing. Tesla is the only U.S.-based automaker without union representation. Tesla responded to the report by saying its accident rate in the first quarter of 2017 was 32 percent better than the industry average. “We may have had some challenges in the past as we were learning how to become a car c... Read More
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AR/VR Weekly: Can Transformers spark China’s AR/VR interest?

In Business, Emerging Technology, Gaming, Government, Healthcare, Science & Nature, Security by Venture BeatLeave a Comment

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Transform and roll out … and into your neighborhood virtual reality arcade. That’s what Transformers fan will soon be doing in China. This week, Hasbro and DMG Entertainment announced they were launching ... Read More
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The British Stay Calm After the Manchester Attack, for Now

In Emerging Technology, Gaming, Government, Legal, Security by New YorkerLeave a Comment

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Why we’re so bad at teaching bots to talk naturally

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In the era of conversational commerce, user experience experts are becoming completely absorbed by one thing: They love talking about how to talk. We are learning the art of conversation at a whole new level — not only how to talk to clients, but also how to make the conversation meaningful. We want the conversation experience to be empowering and within the correct social and global context. We don’t want to speak in tongues; we want the conversation to roll off the tongue, to be authentic. In the UX field, we are researching, creating customer journeys, prototyping, and ... Read More
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Charles Lavine exits county executive race

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Charles Lavine (D-Glen Cove) is no longer running for Nassau County Executive in the upcoming Democratic primary. The state assemblyman said he is endorsing Laura Curran (D-Baldwin), the Nassau County legislator. “Democrats and those who believe in good government need to be unified for the election in November,” he told LIBN in an interview. “We are living in a time like no other and it is of utmost importance that those who believe in good government be unified, or we will not win in November.” Levine is endorsing Curran, he said, because he said she is “smart, tough and dedicated and believes in community.” Jay Jacobs, chairman of the Nassau County Democratic Committee, said Lavine, a lon... Read More
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SteamWorld Dig 2 wants you to help write the game’s text

In Emerging Technology, Science & Nature by Venture BeatLeave a Comment

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Image & Form Games is hoping the community will steampower its latest Ambassador Challenge contest with enthusiasm for the SteamWorld universe. The studio’s latest challenge is to devise a robot mining proverb for the characters in SteamWorld Dig 2, which is slated to launch later this year as a Nintendo Switch exclusive. It’s the second contest held for the upcoming game, and the first one last month attracted nearly ... Read More
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Overwatch had one of the best first years ever

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One of the most important games to come out in years is celebrating its first anniversary. Overwatch came out on May 24, 2016 for PlayStation 4, Xbox One, and PC. In one year, Blizzard’s team-based shooter has attracted more than 30 million players. And it’s a paid game, not free-to-play. All of these players spent at least $40 (that’s the cost of the base version on PC, while the console version goes for $60) up front. And Overwatch keeps making money from players thanks to loot boxes, which you can earn or buy for a chance to unlock cosmetic items. Overwatch has already brought in ... Read More
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The Splash Drone 3 is the Aquaman of drones

In Business, Emerging Technology, Mobile Technology by The VergeLeave a Comment

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The Splash Drone 3 is the Aquaman of drones - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!1,Chorus.AddScript=fun... Read More
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You Spider-Can be Spider-Man with your very own Spider-Drone

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You Spider-Can be Spider-Man with your very own Spider-Drone - The Vergeclockmenumore-arrow (function(d) { try { if (localStorage.getItem('chorus-fonts-0b50f0674bed2b66b24a77410eb3f99c') === 'yes') { d.documentElement.className += ' fonts-loaded'; } } catch (e) {} var fontUrls = ["https://fonts.voxmedia.com/unison/stylesheets/verge.1d37918fdeeb1febc4d68217382a1e72.css"]; var ss = d.styleSheets; for (var i=0; i -1) { ss[i].ownerNode.media = 'all'; fontUrls.splice(idx, 1); } } if (fontUrls.length > 0) { setTimeout(onload, 0); } } onload(); })(document); var chorusInitQueue=[],volume_embed_host="https://volume.vox-cdn.com";var Chorus=Chorus||{};Chorus.windowLoaded=!1,Cho... Read More
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Why AI gets the language of games but sucks at translating languages

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As seen at Google DeepMind’s conference this week, machine learning with AI has seeped into a number of industries in recent years. Whereas in the past it was more a topic of discussion on theoretical applications, we now see machine learning being applied in smart cars, video games, digital marketing, virtual personal assistants, chatbots, and other areas of daily life. As AI moves to disrupt and improve more sectors, there are still barriers to overcome before we need to fear for our jobs. In a recent translation competition, human beings beat AI, but it’s only a matter of time before machines become digital babel f... Read More
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US stocks extend gains into a 5th day

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U.S. stocks are posting their fifth straight gain, setting another record high for the Standard & Poor’s 500 index. The slow but steady gains over the past several days were enough to erase most of the losses the market took in a sharp downturn last Wednesday. Technology companies, the best-performing sector this year, continued to put up big gains. Facebook added 1.3 percent and Google parent Alphabet rose 0.7 percent. TurboTax maker Intuit jumped 6.7 percent after beating analysts’ forecasts for earnings, while Tiffany slumped 8.7 percent after its results fell short. The S&P 500 index increased 5 points, or 0.3 percent, to 2,404. The Dow Jones industrial average rose 74 points, or 0.4 per... Read More
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Governor names King, Law, to special transit panel

In Emerging Technology, Government, Legal by Long Island Business NewsLeave a Comment

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Two prominent Long Islanders have been named to Gov. Andrew Cuomo’s task force to address the summer’s looming transportation crisis at Penn Station. U.S. Rep. Peter King, R-Seaford, and Kevin Law, President of the Long Island Association, were appointed to the panel that includes transportation experts and public officials. They are charged with developing both a short-term transit solution as well as long-term systemic changes. Cuomo’s plan focuses on three elements: They are: Develop an immediate plan for the Penn Station summer crisis. Recommend viable long-term management solution for Penn Station and turning it into a 21stCentury transit hub with Farley Train Hall and the Gateway... Read More
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Tesla’s bumpy relationship with Consumer Reports exposes a bigger challenge

In Business, Emerging Technology, Events, Mobile Technology by The VergeLeave a Comment

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Tesla's bumpy relationship with Consumer Reports exposes a bigger challenge - The Verge... Read More
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Levy: It’s time to end step increases for Long Island political appointees

In Emerging Technology, Government by Long Island Business NewsLeave a Comment

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Last week, the Suffolk Legislature voted against millions of dollars of fee increases introduced by County Executive Steve Bellone (over $40 million in fees increases were proposed). It’s great they prevented the executive from hitting us with even more fees after having been hammered with millions in fees last year. But to be consistent, the legislators should have blocked the increases when they were proposed in the executive’s budget last fall. Instead, they passed the executive’s budget with the fees included to help balance it. Now that this money has been ... Read More
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Conservationists Could Be Saving More Biodiversity in Less Space

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CPA pleads guilty in $750K embezzlement scheme

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An accountant living in Oceanside pleaded guilty in Central Islip Federal Court Monday in a $750,000 embezzlement scheme, authorities said. Dennis Stamm, a certified public accountant and partner at Stamm & Bader, a New York-based accounting firm, embezzled payroll taxes from two clients, both of them non-profit schools for children with special needs, according to the U.S. Attorney’s Office. The money was diverted to pay tax obligations for Stamm’s non-profit, Long Island Infant Development Program. Officials say that between 2009 and 2013, the schools provided Stamm with $758,280 to pay quarterly payroll taxes to the IRS. Stamm then embezzled that money for personal use and to pay tax liabilities for the LIIDP.... Read More
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Women CEOs earn big pay, but few of them have the top job

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Women CEOs earned big bucks last year, but there’s still very few of them running the world’s largest companies. The median pay for a female CEO was $13.1 million last year, up 9 percent from 2015, according to an analysis by executive data firm Equilar and The Associated Press. By comparison, male CEOs earned $11.4 million, also up 9 percent. But the number of women in CEO roles has barely budged. Just 6 percent of the top paid CEOs in the U.S. last year were women, according to the Equilar and AP analysis, a slight increase from about 5 percent in 2015 and 2014. The highest paid woman was Virginia Rometty of International Business ... Read More
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HIA business expo to be held in Brentwood

In Business, Education, Emerging Technology, Events, Gaming, Government by Long Island Business NewsLeave a Comment

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The Hauppauge Industrial Association’s 29th annual Business Trade Show & Conference will be held Thursday at the Suffolk Community College Sports and Exhibition Center in Brentwood. The business expo will open at 9 a.m. and run until 3 p.m. The event features an executive breakfast at 8 a.m. with keynote speaker Brandon Steiner, CEO of Steiner Sports, who will discuss his book “You Gotta Have Balls: How a Kid from Brooklyn Started From Scratch, Bought Yankee Stadium, and Created a Sports Empire.” An executive lunch, titled “Long Island Economic Revitalization Projects: Building the Local Economy” will be held from 11:30 a.m. to 1:30 p.m. It will feature a discussion about developme... Read More
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New president to bank on

In Business, Education, Emerging Technology, Finance, Government by Long Island Business NewsLeave a Comment

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Sterling National Bank tapped Ed Blaskey is serve as its market president for Long Island. Blaskey is charged with overseeing operations and expanding Montebello, N.Y.-based Sterling’s footprint across the Long Island market. Sterling currently has locations in Great Neck and Woodbury in addition to Melville, where Blaskey is based. Blaskey, who is also an executive vice president for the bank, brought with him an extensive background in commercial lending and business banking as well as deep Long Island roots. The executive was most recently market president for the suburban New York and Long Island markets at TD Bank, where he oversaw the regional commercial loan portfolio and supported a retail network of 100 l... Read More
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Meet the first 8 startups backed by AI studio All Turtles

In Business, Education, Emerging Technology, Government, Legal, Security, Start Up by Venture BeatLeave a Comment

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Last week former Evernote CEO Phil Libin announced plans to leave his job as managing director of investment firm General Catalyst to launch All Turtles, an AI startup studio. Libin and cofounders Jessica Collier and Jon Cifuentes call All Turtles an AI startup studio because they say they plan to take a Hollywood studio production approach to creating products that infuse AI. “We’re inspired by the modern generation of integrated content studios: HBO, Netflix, Amazon,” said Libin in a LinkedIn ... Read More
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US stocks extend gains into a 5th day Wednesday

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U.S. stocks are up for the fifth straight day as materials and real estate companies move higher. Technology companies are making some of the largest gains Wednesday while retailers of home improvement products, jewelry and car parts are all falling. Stocks continue to recover the steep losses they suffered a week ago. Intuit jumped 6 percent after beating analysts’ forecasts for earnings, while Tiffany slumped 8 percent after its results fell short. The Standard & Poor’s 500 index increased 2 points, or 0.1 percent, to 2,400. The Dow Jones industrial average rose 30 points, or 0.2 percent, to 20,968. The Nasdaq composite gained 11 points, or 0.2 percent, to 6,150. Bond prices fell. The y... Read More
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DJI’s Spark is a $500 mini drone designed for easy flying

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Following weeks of speculation, DJI unveiled Spark, a drone that is smaller and lighter than than its previous drones and can be controlled with hand gestures. Announced in an event staged in Grand Central Station, the Spark is available for preorder starting today and is priced at $499. Earlier models such as the Mavic Pro were priced at $999 and above. The drone weighs about 11 ounces, giving it the approximate size and weight of a can of soda. The Spark is designed to be a portable, affordable drone that could appeal to more consumer... Read More