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AI Weekly: Walmart’s machine learning advantage

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

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Here’s this week’s newsletter: Last week, VentureBeat invited Amazon, Facebook, Google, IBM, and other giants of AI into a big tent with brands like Coca-Cola, The New York Times, Tumi, and Walmart, as well as such promising startups as Bark.us, Mezi, Visabot, and Octane AI. The gathering was MB 2017, and the need for practical AI was on nearly everyone’s mind. Walmart, for instance, is using machine learning to better serve its 140 million weekly shoppers and to make new services possible. Laurent Desegur, vice president of customer experience engineering at WalmartLabs, explained the role of data science to make possible so-called ... Read More
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Burundian Teens Missing After US Robotics Competition

In Emerging Technology, Government, Security, Video by NewsBeat SocialLeave a Comment

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Published on Jul 21, 2017Washington D.C. police reported July 20 that six Burundian teens who competed in a robotics competition in the nation's capitol have gone missing, and that two of them were seen crossing into Canada. Category License Standard YouTube License ... Read More
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Governor Cuomo Announces Plan To Rebuild 78 Miles Of Power Transmission Infrastructure In The North Country

In Business, Emerging Technology, Energy, Finance, Government, Healthcare, Legal, Science & Nature by LongIsland.comLeave a Comment

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Rebuild of Major North-South Power Transmission Artery Will Modernize System; Help New York State Meet Governor's Clean Energy Standard of 50 Percent Renewable Electricity by 2030. Albany, NY - July 21, 2017 - Governor Andrew M. Cuomo today announced plans to rebuild 78 miles of power transmission infrastructure in the North Country, further strengthening the reliability of the New York State electric power grid and enabling more upstate renewable energy to connect to the power system throughout the state. The newly rebuilt transmission line, called the Moses-Adirondack Smart Path Reliability project, will help the state meet the Governor's Clean Energy S... Read More
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Busse: Can I speak with the customer prevention department?

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

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What company would have a customer prevention department? You would be surprised and horrified to find out, especially if that department existed in your company. Make it easy for customers to do business with you or they won’t. Have you ever tried to do business with a company that seemed like they had a customer prevention department? It might sound silly, but think about it. Here are some signs that a company does not want your business or care about you: You call them and leave a message but they don’t call you back……. ever You ask them to send you something and you never receive it They answer their phone and sound bothered that you are calling them and interrupting them ... Read More
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LIPA approves 570 acres of solar projects

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

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The Long Island Power Authority just approved solar projects proposed for more than 570 acres in Calverton. The 10 planned solar installations in Calverton that LIPA gave the green light for Thursday would generate a total of 38.5 megawatts and create at least 250 construction jobs. The $98 million in pending property sales for the parcels earmarked for the new solar installations were brokered by Marie Zere of Ronkonkoma-based Zere Real Estate Services. Zere represents the two companies, Salt Lake City-based sPower and Juno, Fla.-based NextEra Energy Resources, that have signed contingency contracts for the Calverton properties that range in size from 25 acres to 115 acres. Their proposed solar installations, which ... Read More
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Fault! New York town’s new $3.5M tennis courts too short

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

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A New York town has padlocked the tennis courts in a brand new $3.5 million park because they were built improperly. The two courts at the recently opened Sweet Hollow Park in Melville don’t have enough clearance between the baseline and the fence. The truncated courts caused at least one player to run into the fence. The U.S. Tennis Association recommends courts have 21 feet behind the baseline. The new courts in the hamlet in Huntington have less than 10 feet, while the sides are about 2 feet short of the recommended 12 feet. The blunder was brought to the attention of Huntington officials by a resident who played on the new courts earlier this month. The town says the courts will be closed while they’re... Read More
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LIBN readers feel ‘summer of hell’ effects on the road

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The start of MTA repairs to Penn Station is already driving Long Island drivers crazy. That’s according to a recent poll on libn.com. In response to the question “Do you think traffic has gotten worse since the MTA’s ‘summer of hell’ began?,” 64 percent of all respondents said it has. Of those who said they’ve experienced more traffic, 55 percent described the traffic as “unbearable,” while 45 percent said it’s “noticeably worse.” Only 25 percent of all respondents said they haven’t noticed any traffic changes since the Penn Station repairs began July 10. The project, which will... Read More
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The rise of movies about boys with good playlists

In Business, Education, Emerging Technology, Government, Mobile Technology, Security by The VergeLeave a Comment

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The rise of movies about boys with good playlists - 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.AddScri... Read More
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Spicer resigns as White House press secretary

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White House press secretary Sean Spicer, President Donald Trump’s embattled spokesman during the first six months of his presidency, is resigning his position, according to two people with knowledge of the decision. Spicer’s decision appears to be linked to the appointment of a new White House communications director, New York financier Anthony Scaramucci. The people with knowledge of the decision spoke on condition of anonymity because they were not authorized to discuss the personnel matter publicly. Spicer’s daily press briefings had become must-see television until recent weeks when he took on a more behind-the-scenes role. Deputy press secretary Sarah Huckabe... Read More
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HBO’s hit “Insecure” returns, and more to stream this weekend

In Business, Emerging Technology, Mobile Technology, Video by CBS NewsLeave a Comment

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TV Guide editor-in-chief Mickey O'Connor joins CBSN with his top picks for what to stream this weekend, including previews of HBO's "Insecure" and the new Netflix movie "Ozark," starring Jason Bateman.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: ... Read More
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Priciest home sales in East Rockaway

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Priciest home sales in East Rockaway (11518) June 2017 The three highest-priced home sales in East Rockaway last month ranged from $600,000 to $650,000. The priciest East Rockaway home sold in June was a 4-bedroom, 2.5-bath newly built colonial on .11 acres at 37 Alexine Ave. that sold for $650,000. It was listed by Ed McNulty of Ed McNulty Realty and sold by his Ed McNulty Realty colleagues Carla Raso and Barbara Green. A 5-bedroom, 2-bath expanded cape on .14 acres at 77 Denton Ave. fetched $600,000. It was listed by independent realtor Michael Gregoretti and sold by a non-member of the Long Island Board of Realtors. At 66 Newkirk Ave., a 5-bedroom, 3.5-bath split lev... Read More
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Scaramucci under consideration for top White House job

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New York financier Anthony Scaramucci is under consideration to join the Trump administration as communications director. That’s according to two people with knowledge of the situation who spoke on condition of anonymity to discuss internal deliberations. Scaramucci, a Manhasset resident who up until recently served as co-managing partner of SkyBridge Capital and co-host of Wall Street Week,  is a frequent defender of the president on television and was a fixture at Trump Tower during Trump’s transition. He’d be filling the role left by Mike Dubke, who announced his resignation in May. White House press secretary Sean Spicer has been doing double duty filling in in the weeks since. Scaramucci had once ... Read More
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Autonomous driving will bring forced obsolescence to cars

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

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Autonomous driving will bring forced obsolescence to cars - 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... Read More
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Will Smith plays a racist cop in ‘Bright’

In Business, Emerging Technology, Government, Security, Video by Associated PressLeave a Comment

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Speaking at Comic-Con in San Diego, Will Smith talks about new fantasy Netflix movie "Bright" in which he plays "a police officer that was racist against the first orc on the force." (July 20)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: ... Read More
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Number of Items Identified: 6
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Will we be wiped out by machine overlords? Maybe we need a game plan now

In Business, Education, Emerging Technology, Finance, Video by PBS NewsHourLeave a Comment

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Tech luminaries and scientists have been worried for years about the existential consequences of artificial intelligence for the human race. Philosopher Nick Bostrom of Oxford University's Future of Humanity Institute thinks money ought to be invested in how to manage machine superintelligence that could one day surpass us -- or even wipe us out. Economics correspondent Paul Solman reports.... Read More
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Destination Long Island: July 27-29

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

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LONG ISLAND SKIES AT VANDERBILT PLANETARIUM What seasonal constellations are visible in the Long Island sky? The Friday night show explains it, and also delves into stars and deep-sky objects. Weather permitting, visitors can join planetarium staff on the observatory, and view the sky through a 16-inch Cassegrain telescope. (Vanderbilt Planetarium. Centerport. 631-854-5579. Through September.) BRASIL GUITAR DUO AT HUNTINGTON ARTS FESTIVAL João Luiz and Douglas Lora bring a mix of classical and Brazilian music. The 2006 winners of the Concert Artists Guild International Competition, the duo performs Bach, Sor, Scarlatti, Debussy as well as such traditional Brazilian dance forms ... Read More
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LI adds record number of private sector jobs

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

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New York is breaking records once again. This time, the state added a record 23,900 private sector jobs in June, increasing to a record of 8,079,200. The New York State Department of Labor also announced Nassau and Suffolk Counties added 19,100 private sector jobs since last year, up 1.7 percent. Long Island’s two counties also added about 2,400 government jobs in the past year, meaning there was an addition of 21,500 nonfarm jobs. Up 1.6 percent in the 12-month span, Nassau and Suffolk rank fourth out of the 16 areas listed by the state’s Department of Labor. “It’s a large number for the Island,” Shital Patel, a labor market analyst for the New York State Department of Labor, said. “We’re continuing ... Read More
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Burger joint offers discount at ‘grand re-opening’

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Burger Bandit, opened in 2015 by Kim Kardashian’s BFF Jonathan Cheban, in Lynbrook, has a new owner. That owner is Ryan Straschnow, and he has big plans for the “fast food gourmet” eatery. “My idea is simply to sell restaurant-style burgers that would ordinarily go for $16, for $8,” said Straschnow, a graduate of the culinary arts program at Johnson & Wales University in Rhode Island, where in addition to training as a chef, he studied food service management and general hospitality. Strashnow, without revealing his investment, said he’s “put every dollar – everything I have to my name toward this one Hail Mary.” Straschnow said he’s expanded the menu to include 10 different types of pa... Read More
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OJ Simpson granted parole in Nevada robbery

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

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O.J. Simpson was granted parole Thursday after more than eight years in prison for a Las Vegas hotel heist, successfully making his case in a nationally televised hearing that reflected America’s enduring fascination with the former football star. Simpson, 70, could be a free man as early as Oct. 1. By then, he will have served the minimum of his nine-to-33-year armed-robbery sentence for a bungled attempt to snatch sports memorabilia and other mementos he claimed had been stolen from him. He got the four votes he needed from the parole commissioners who heard his case. In agreeing to release him, they cited his lack of a prior conviction, the low risk he might commit another crime, his community support and his release p... Read More
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Pacific Rim: Uprising’s teaser features John Boyega and a bunch of giant mechs

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

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Pacific Rim: Uprising’s teaser features John Boyega and a bunch of giant mechs - 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... Read More
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Joe Dowd: Chris Christie and I share a foul indignity

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

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Chris Christie and I have something in common: We’ve both been booed at a Mets game. I’ve never closed a state beach or a major Hudson River crossing, but I, like Christie, share a foul-ball scandal. By now you’ve seen the video from Citi Field: A pop-up slices up and out of play behind the Mets dugout. Christie, seated in the lower field boxes (where else? He’s the governor and we’re not), made a nice, one-handed catch, then high-fived a nearby fan, his trademark midsection a-wiggle. It was the same impish glee he displayed hugging Dallas Cowboys owner Jerry Jones during a nationally televised playoff game. Christie was a guest in Jerry’s private box, because the governor is Jerry’s friend and you’re not.... Read More
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Arlington County, Va.: Showcasing at SelectUSA

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

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This post is part of SelectUSA’s EDO Spotlight series, highlighting the work of EDOs around the country recruiting foreign direct investment, how that work supports jobs and economic growth across the United States, and how SelectUSA partners with EDOs to support economic development.  By Natalie Monkou, Business Development Manager, Arlington Economic Development. As a region, the Greater Washington area is a prime destination for international companies that want to expand and grow in the United States. Arlington’s... Read More
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Priciest home sales in Massapequa Park

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Priciest home sales in Massapequa Park (11762) June 2017 The three highest-priced home sales in Massapequa Park last month ranged from $555,500 to $831,000. The priciest Massapequa Park home sold in June was a 5-bedroom, 3-bath split level on .23 acres at 17 Clausen Court that sold for $831,000, which was $31,100 over asking. It was listed by Anne Concannon and Gerald Concannon of Douglas Elliman Real Estate and sold by Thomas Santoro and Gilberto Flores of Exit Realty Premier. A 5-bedroom, 3-bath lakefront split level on .19 acres at 76 Block Blvd. fetched $585,000. It was listed by Katherine Weeks of Coldwell Banker Harbor Light and sold by Martin Freiman of Redfin Real Esta... Read More
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LI attorney charged in fraud scheme

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

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A Long Island attorney has been charged in a scheme to fraudulently register shell companies with the U.S. Securities and Exchange Commission and secretly sell stocks, authorities said. David Lubin, of West Hempstead, was charged with one count of conspiracy to unlawfully sell unregistered securities with regard to his role at Entertainment Art Inc., according to the U.S Attorney’s Office in Southern District of Florida. The company, Entertainment Art later became Biozoom Inc. Authorities said Lubin participated in the fraudulent re-sale of Entertainment Act on behalf of the buyer, including triggering false filings with the SEC. He now faces up to five years in prison and a fine of up to $250,000 or double the proceed... Read More
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Hanover core earnings rise

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Mineola-based Hanover Bancorp reported second quarter net income slipped to $381,000 from $511,000 due to a one-time charge, although core income rose. The parent of Hanover Community Bank took a $297,000 charge due to severance payments during the quarter, which led to lower earnings. But Hanover’s core operating earnings, excluding that charge, were $678,000, up 32.7 percent. “Without the non-recurring charge, the net income was higher,” Hanover CEO Michael Puorro said. “The core operating income excluding the non-recurring was up 33 percent.” Hanover’s assets reached $479.2 million, up $66.5 million or 16.1 percent from the end of the first quarter and up $151.6 million or 46.3 percent from a ... Read More
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Elon Musk says he has a green light to build a NY–Philly–Baltimore–DC hyperloop

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

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Elon Musk says he has a green light to build a NY–Philly–Baltimore–DC hyperloop - 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||{};C... Read More
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East End retail center hosting Southampton Sweat

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The Southampton Sweat music and fitness festival holds its third annual event next month. Water Mill will be the site for this year’s event, marking the first time it will be held at RD Management’s retail center called The Mill. The Southampton Sweat is bringing music, juice, fashion and wellness together for the August 5 event. Juice Press, Bandier and Republic Records are sponsoring RD Management’s day of fitness, with several fitness studios partaking in free classes all day. “Surf culture like fitness culture both focus on strengthening the body and mind while extending outside the sport toward sharing experience and connecting with other like minded people, which is what Southampton Sweat is all about,”... Read More
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Echo Arena: Hands-on gameplay of zero-gravity multiplayer in VR

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

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Ready At Dawn Studios spent 20 months working on its science fiction single-player virtual reality game Lone Echo and its accompanying multiplayer companion mode Echo Arena. Both are debuting today exclusively on the Oculus Rift + Touch VR platform, and they’re going to take the quality of VR entertainment up a notch. I played Echo Arena again in a hands-on preview this week in San Francisco, and its one of the most entertaining experiences I’ve had yet in VR. (You can check out my session in the ... Read More
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This little USB stick is designed to make AI plug-and-play

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This little USB stick is designed to make AI plug-and-play - 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,Choru... Read More
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Priciest home sales in New Hyde Park

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Priciest home sales in New Hyde Park (11040) June 2017 The three highest-priced home sales in New Hyde Park last month ranged from $905,000 to $950,000. The priciest New Hyde Park home sold in June was a 4-bedroom, 2-bath colonial on .12 acres at 26 Irving Lane that sold for $950,000, which was $51,000 over asking. It was listed by Danielle Toledo and Carlos Toledo of Douglas Elliman Real Estate and sold by Seonghoon Kim of Charles Rutenberg Realty. A 4-bedroom, 2.5-bath colonial on .11 acres at 62 Second St. fetched $930,000, which was $1,112 over asking. It was listed by Jennifer Yiu of Keller Williams Realty and sold by Java Varghese of ReMax Central Properties. At 8... Read More
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Corporate career to entrepreneur: How to prep for the leap

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After two decades in the workforce, Ohio businesswoman Deborah Wasylko found herself faced with the prospect of having to move to keep her job while dealing with challenges in her family life. Wasylko concluded that she had a choice: continue her corporate career or become an entrepreneur. “I decided to start a corporate gift company, because that’s what I love to do,” says Wasylko, the founder and president of Baskets Galore, which creates gift baskets for corporate clients. She had long been enthusiastic about visual design and making people feel cared for, she says, and her new venture touched on both interests. “It was my opportunity to re-engineer my career and follow my passion.” The allure of ... Read More
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Alexa, turn up my Kenmore AC; Sears cuts a deal with Amazon

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Sears will begin selling its appliances on Amazon.com, including smart appliances that can be synced with Amazon’s voice assistant, Alexa. The announcement Thursday sent shares of Sears soaring more than 18 percent at the opening bell. The tie-up with the internet behemoth could give shares of the storied retailer one of its biggest one-day percentage gains ever. Sears, which also owns Kmart, said that its Kenmore Smart appliances will be fully integrated with Amazon’s Alexa, allowing users to control things like air conditioners through voice commands. “The launch of Kenmore products on Amazon.com will significantly expand the distribution and availability of the Kenmore brand in the U.S.,” Chairman and CEO ... Read More
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Instagram is pushing restaurants to be kitschy, colorful, and irresistible to photographers

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

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Instagram is pushing restaurants to be kitschy, colorful, and irresistible to photographers - The Verge... Read More
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Former stock exchange chief sells LI home

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The Old Brookville estate of former New York Stock Exchange chief Richard Grasso has sold for $2.7 million. Grasso bought the 7-bedroom, 8-bathroom colonial on 4.94 acres on Piping Rock Road in June 1995 for $2.2 million. It was listed for sale in 2016 for $3.5 million but had no takers. The gated property, which features five fireplaces, a heated in-ground pool and separate guest quarters, was re-listed for $2.995 million in April with Louise Brooks of Douglas Elliman Real Estate. Queens-born Grasso started his career as a NYSE floor clerk and rose through the ranks to become chairman and chief executive of the exchange in 1995 until his departure in 2003. Credited for guiding the e... Read More
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This transforming drone can fly like an airplane and spin like a seed

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This transforming drone can fly like an airplane and spin like a seed - 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.windowLoad... Read More
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The Real Star Wars

In Business, Emerging Technology, Legal, Science & Nature, Video by PBS Space TimeLeave a Comment

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Anti-Satellite weaponry, giant X-ray lasers and kinetic impact missiles nicknamed the “Rods from God.” Find out about the history of the real star wars that have been waged over the past 50 years. Get a one month trial of The Great Courses Plus at http://ow.ly/e5be30beNu3You can further support us on Patreon at ... Read More
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Number of Items Identified: 7
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The WhiteFox mechanical keyboard is a pricey but beautiful gadget

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The WhiteFox mechanical keyboard is a pricey but beautiful gadget - The Verge... Read More
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Are consumers ready to hit the gas on electric cars?

In Emerging Technology, Video by PBS NewsHourLeave a Comment

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Electric cars have a reputation for being a pricey, niche product that only a handful of people would want or could afford. But that reputation is starting to crumble as carmakers promise to put electric vehicles in reach for more consumers. Sonari Glinton of NPR joins William Brangham to discuss the realities of the market and how Tesla’s cheaper electric car could shape the industry’s future.... Read More
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5 features that make the Tesla Model 3 worth considering

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What you thought you knew about electric cars just changed. The $35,000 Tesla Model 3 recently made its first appearance off the production line. The new model will belong to Tesla’s CEO and cofounder, Elon Musk. Inside the steel and aluminum body of the battery-powered car are five features you won’t want to miss. 1. Self-driving capabilities Last year, Tesla introduced a new hardware collection, dubbed Autopilot, in the current models. This hardware includes eight cameras, a radar unit, a set of all-around-the-car ultrasonic sensors, and an Nvidia Drive PX2 computer. Each Model 3 will come standard with Autopilot hardware. As Tesla continues taking deposit... Read More
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This company wants to mine the Moon using robots — and they could be doing it within three years

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Moon Express wants to start mining the surface of the moon for valuable materials. They've set a goal of sending their first robotic lander to the lunar surface by the end of 2017.Read more: http://www.businessinsider.com/saiFACEBOOK: https://www.facebook.com/techinsiderTWITTER: https://twitter.com/techinsiderINSTAGRAM: ... Read More
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Gary Nix, social video, and the state of machine learning — VB Engage

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

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In this week’s episode, Travis and Stewart discover just how much the field of machine learning, AI, and cognitive computing has grown over the past few years. And naturally, there’s a new AI-powered marketing technology to reveal this week too, as well as a conversation about LinkedIn and its video strategy. We then talk to the amazing Gary Nix about all things social, branding, and being authentic — something every company needs to focus on if they’re going to succeed. ... Read More
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Cuomo touts third track as part of $6B transportation transformation

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

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About a year and a half after Gov. Andrew Cuomo at a Long Island Association meeting announced his support of a third track for the Long Island Rail Road, he returned to the group Wednesday to celebrate its approval by the state legislature. Cuomo at the LIA’s summer luncheon at the Crest Hollow Country Club in Woodbury told a crowd of at least 1,000 that this $1.9 billion project was part of a nearly $6 billion transportation infrastructure transformation. Design build contracts are slated to go out for the third track, as well as other projects that amount collectively to one of the nation’s biggest such construction projects. The 9.8 mile main line third track from Floral Park to Hicksville, recently approved... Read More
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The role of AI in the future of health care

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

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American physician and surgeon William J. Mayo, one of the founders of the famed Mayo Clinic, stated, “The aim of medicine is to prevent disease and prolong life, the ideal of medicine is to eliminate the need of a physician.” Emerging applications of artificial intelligence (AI), as well as medical research trends, suggests that we are moving toward fulfilling medicine’s aim and achieving its ideal. Health care organizations appear to be preparing themselves for the next technologi... Read More
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Why do dogs love us? Geneticists hunt for DNA clues

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

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Why do dogs love us? Geneticists hunt for DNA clues - The Verge... Read More
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This startup is using Uber and Lyft drivers to bring self-driving cars to market faster

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

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This startup is using Uber and Lyft drivers to bring self-driving cars to market faster - 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||{}... Read More
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Congress is about to hand over the keys to the big self-driving car companies — and that’s a problem

In Business, Education, Emerging Technology, Government, Healthcare, Legal, Mobile Technology by The VergeLeave a Comment

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Congress is about to hand over the keys to the big self-driving car companies — and that’s a problem - 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 ... Read More
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Adelphi students take second place at hackathon

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

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Soon enough, you may find the perfect gift with the help of artificial intelligence and insights gained from people’s Twitter accounts. This is all thanks to Adelphi University computer science students, who for their efforts, recently took second place in the MobileMonday NYC API-First Hackathon. The event, which ran from June 2-4 at Galvanize in New York City, aimed to take Watson and Bluemix Online – IBM’s latest artificial intelligence technology – to create something innovative and practical. IBM employees served as judges. “Jeopardy” fans may remember Watson, IBM’s cognitive computing system that defeated the show’s human champions in 2011.) The students – Sarthak Arora, Prasanth Venigalla, Ja... Read More
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Helicopter carrying WWE exec makes emergency ocean landing

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

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A helicopter carrying the son of World Wrestling Entertainment CEO Vince McMahon made an emergency landing Wednesday in the ocean off New York, and neither the pilot nor passenger were hurt. Shane McMahon, also a WWE executive, was the passenger in the Robinson R 44 helicopter that came down in the Atlantic Ocean off Long Island’s Gilgo Beach late Wednesday morning. The red aircraft could be seen bobbing on its bright yellow pontoons as small boats circled about a half-mile south of the beach. “It was very unnerving,” McMahon said to reporters later. But the pilot “was super calm which made me super calm and we landed perfectly.” He later expressed his thanks to the pilot and emergency responders and tweete... Read More
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Rizzo: A game of wait and see plays out in LI real estate

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

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The real estate sector is critical for economic growth. This is typically the largest consumer purchase, and consumption expenditures overall account for more than two-thirds of GDP. But for quite some time, this sector has performed unevenly — both at the national level and here on Long Island. One month shows promise only to be followed by a subsequent pullback. This market has yet to demonstrate any sustained traction. This pattern is puzzling, because many of the conditions for growth in real estate are already in place.  On Long Island, the labor market has been at or near full employment levels for more than a year.  And this is exerting upward pressure on wages. The stock market has surged as well, which should bolster ... Read More
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Melville office building loan devalued

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

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An appraisal reduction for a Melville office building has lowered the value of its commercial mortgage-backed securities loan by 68 percent. Appraised for $43.7 million a decade ago, the 126,770-square-foot office building at 275 Broadhollow Road was last appraised in April for just $12.2 million, according to Trepp, the Manhattan-based CMBS loan analyst. Currently in the foreclosure process, the property was purchased by Houlihan-Parnes and CLK Properties in Jan. 2007 for $40.475 million with the help of a $33.2 million CMBS loan. Though the 10-year loan reached maturity in Feb. 2017, the borrowers failed to refinance or work out a loan modification. Now with special servicer CW Capital Asset Management, the loan wo... Read More
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Number of Items Identified: 11
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Companies offer quirky perks like guitar lessons, tattoos

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

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Sabbaticals, massages, or a home maid service? Bike maintenance, tattoos or guitar lessons? Some small and medium-sized companies are offering quirky and enviable perks to try to attract and keep the best workers. The hundred staffers at marketing firm Velvet Media can periodically spend a month working at any of its offices — Denver, Tokyo, Bangkok or Venice, Italy — with the company paying their expenses, co-CEO Daniele Gatti says. Many businesses provide such out-of-the-norm perks because they want staffers to have a rewarding environment — something likely to resonate as people who deal with work email and respond to texts at all hours demand more satisfaction at work. “We extend work into employees’ li... Read More
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Now leading operations

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

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John Kalix is the new chief operating officer of North American Partners in Anesthesia. The Melville-based anesthesia and perioperative management company welcomed Kalix from GE Healthcare’s life sciences division for the United States and Canada, where he served as president. Kalix previously held leadership roles at Johnson & Johnson and Cardinal Health and is a past board member of the Global Healthcare Exchange LLC. At North American Partners in Anesthesia, Kalix will lead strategic initiatives targeted toward improving clinical and business outcomes across the organization. He will apply his extensive background in operations, marketing and strategic planning to his new role with the company, which has been ar... Read More
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The Best TV

In Business, Emerging Technology, Gaming, Government, Legal, Mobile Technology, Security by Wire CutterLeave a Comment

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Our Pick TCL 55P607 The TCL 55P607 offers great contrast ratios, integrated Roku, full array local dimming, wide color gamut, and high dynamic range support, including Dolby Vision. Our pick ... Read More
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Priciest home sales in Island Park

In Emerging Technology by Long Island Business NewsLeave a Comment

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Priciest home sales in Island Park (11558) June 2017 The three highest-priced home sales in Island Park last month ranged from $445,000 to $775,000. The priciest Island Park home sold in June was a 5-bedroom, 3-bath hi-ranch on .19 acres at 203 Trafalgar Blvd. that sold for $775,000. It was listed by Thomas Tripodi of Douglas Elliman Real Estate and sold by Douglas Elliman’s Joyce Coletti. A 3-bedroom, 2-bath split level on .12 acres at 154 Franklin Ave. fetched $477,000. It was listed by Michael Scully of Century 21 Scully Realty and sold by Gilbert Ventura of Sure Home Realty. At 228 Island Parkway, a 5-bedroom, 3-bath farm split level on .13 acres went for $445,000... Read More
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Amazon orders two seasons of Mr. Robot creator’s podcast adaptation

In Business, Emerging Technology, Government, Mobile Technology, Security, Start Up by The VergeLeave a Comment

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Amazon orders two seasons of Mr. Robot creator’s podcast adaptation - 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.windowLoad... Read More
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LI rents on the rise, while NYC’s dip

In Emerging Technology by Long Island Business NewsLeave a Comment

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The average rent for apartments on Long Island rose slightly in June, though the rate of rent growth slowed from May. Average rent in Nassau and Suffolk counties was $2,263 in June, just $10 higher than the $2,253 average rent recorded in May, according to the latest report from Axiometrics, a Dallas-based analyst of the apartment and student housing market. The annual effective rent growth rate for Long Island last month was 3.1 percent, down from 4.2 percent in May. The national rent growth rate last month was 2.5 percent. Demand for rental apartments continues to be strong on Long Island. June’s 97.3 percent occupancy rate for Nassau and Suffolk is the highest among major metro areas in the U.S. By comparison, t... Read More
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NY 2nd lowest percent of youth in workforce

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

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New York State ranks roughly in the middle of the pack among states in terms of at risk youth and toward the bottom in terms of poverty, according to a new study, but among the lowest in terms of young people in the work force. The ranking by personal finance website WalletHub ranked New York State 26 in the nation for at risk youth, just slightly below average. Most categories defined youth as between age 18 and 24 with a few exceptions that had a higher or lower age limit. Disconnected youth was defined as people ages 18 to 24 not attending school or working and with no degree beyond high school. New York ranked 41 in t... Read More
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No. 229: Cybersecurity, doggone history and several fairly interesting things going on with bugs

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

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Halfway home: A happy Wednesday, everybody, and how about a heartfelt Innovate welcome to new readers Holly, Mica, Jose, Gary, Amy, Briley and Anna. Great to have you aboard, kids. It’s July 19, on which musicians Alan Gorrie, Bernie Leadon, Brian May and Alan Collins were born. Can you name their bands? Answers after the news. Extra credit: George Frayne. Top o’ the Innovate LI site: Re-Nuble Inc., the Tinia Pina startup that turns food waste into fresh produce, has brought home an American Entrepreneurship Award, with associated cash. ICYMI: A Ston... Read More
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Microsoft Azure to power Baidu driverless innovation

In Business, Emerging Technology, Government by The StackLeave a Comment

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Microsoft Azure has announced that it will provide the cloud services behind Chinese internet giant Baidu’s self-driving car efforts. The collaboration will see Microsoft’s cloud computing platform used in driverless operations outside of China. Microsoft is one of 50 businesses which have joined a self-driving car alliance headed up by Baidu. The Apollo alliance was established in April this year and aims to provide an open platform for the automotive industry to advance the development of autonomous vehicles. ‘By using Azure, our partners outside of China will have access to a trustworthy and secure public cloud, enabling them to focus on innovating instead of building their own cloud-based infrastructure,... Read More
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Comic-Con 2017 preview: superheroes and TV shows take on San Diego

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

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Comic-Con 2017 preview: superheroes and TV shows take on San Diego - 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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Musk’s Warning Sparks Call For Regulating Artificial Intelligence

In Business, Emerging Technology, Energy, Government, Healthcare, Security by National Public RadioLeave a Comment

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Enlarge this image Artificial intelligence poses an existential risk to human civilization, Elon Musk (right) told the National Governors Association meeting Saturday in Providence, R.I. Stephan Savoia/AP hide caption ... Read More
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CPI Aero in $21M helicopter deal

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

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CPI Aerostructures has signed an agreement with Sikorsky, a Lockheed Martin company, valued at $21 million to manufacture fuel panel assemblies for the UH-60M Black Hawk helicopter. The agreement stretches from 2018 to 2022 per Sikorsky and the U.S. Army’s recent signing of their own multi-year contract. Edgewood-based CPI Aero has been producing fuel panel assemblies for the UH-60M since 2010, delivering more than 900 units to support the aircraft’s production line. CPI Aero will perform all manufacturing tasks for these assemblies including all parts and system components such as fuel valves, flexible hosing and t... Read More
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AI Could Revolutionize War as Much as Nukes

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

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In 1899, the world’s most powerful nations signed a treaty at The Hague that banned military use of aircraft, fearing the emerging technology’s destructive power. Five years later the moratorium was allowed to expire, and before long aircraft were helping to enable the slaughter of World War I. “Some technologies are so powerful as to be irresistible,” says Greg Allen, a fellow at the Center for New American Security, a non-partisan Washington DC think tank. “Militaries around the world have essentially come to the same conclusion with respect to artificial intelligence.” Allen is coauthor of a 132-page ... Read More
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Afghan girls’ robotics wins silver after US visa obstacle

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

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Teenagers from nearly 150 countries have celebrated the closing ceremony of what has been called the Olympic games of robot building.But while everyone was chasing medals for their metal, global attention was on the girls’ team from Afghanistan. The team had initially been refused entry to the US to compete in the competition.Al Jazeera's Mike Hannah reports from Washington.- Subscribe to our channel: http://aje.io/AJSubscribe- Follow us on Twitter: https://t... Read More
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Afghan Girls Score for ‘Courageous Achievement’

In Business, Emerging Technology, Government, Video by Associated PressLeave a Comment

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An international robotics competition in Washington attracted teams of teenagers from more than 150 nations. The team that drew the most attention at the FIRST Global Challenge was a squad of girls from Afghanistan. (July 18)Subscribe for more Breaking News: http://smarturl.it/AssociatedPressGet updates and more Breaking News here: ... Read More
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Wei Zhou discusses genetics testing

In Business, Emerging Technology, Healthcare, Video by CCTV AmericaLeave a Comment

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CGTN's Rachelle Akuffo spoke with President and CEO of Centrillion Technologies Wei Zhou about genetics testing.Washington, DC (and greater area)• MHz - Channel 3• COMCAST (Xfinity) - Channel 273• FIOS - Channel 277New York City• Time Warner - Channel 134• FiOS (Verizon) - Channel 277Los Angeles• Charter Cable - Channel 562• Time Warner - Channel 155Satellite Nationwide• DISH TV - Channel 279... Read More
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Digital Domain CEO on the future of artificial intelligence

In Business, Emerging Technology, Video by CCTV AmericaLeave a Comment

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For more on where Digital Domain is heading with artificial intelligence, and the world of the digital avatar, Mark Niu sat down with the company's CEO Daniel Seah. Washington, DC (and greater area)• MHz - Channel 3• COMCAST (Xfinity) - Channel 273• FIOS - Channel 277New York City• Time Warner - Channel 134• FiOS (Verizon) - Channel 277Los Angeles• Charter Cable - Channel 562• Time Warner - Channel 155Satellite Nationwide• DISH TV - Channel 279... Read More
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Tech experts weigh pros, cons of artificial intelligence

In Business, Emerging Technology, Video by CCTV AmericaLeave a Comment

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Published on Jul 18, 2017Artificial Intelligence continues to make worrisome headlines with Tesla CEO Elon Musk calling for the need to regulate Artificial Intelligence before it becomes a danger to humanity. Category License Standard YouTube License ... Read More
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China takes advantage of America’s inability to sell military drones

In Emerging Technology, Video by Fox Business NewsLeave a Comment

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Former Secretary of the Air Force official Rebecca Grant, Action Institute program and education director Paul Bonicelli and Bre Payton, staff writer for The Federalist, on the Chinese selling military drones to foreign powers.... Read More
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At first denied U.S. entry, Afghan girls’ robotics team shows the world what they can do

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

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An all-girls team from Afghanistan finally reached the U.S. to participate in a robotics competition. Their visas were denied twice by American officials until public pushback prompted President Trump to intervene. Special correspondent Kavitha Cardoza talks with some of the girls and Jeffrey Brown discusses how their story plays into wider immigration questions with Alan Gomez of USA Today.... Read More
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US Air Force Wants Permission to Shoot Down Intruding Drones

In Emerging Technology, Video by NewsBeat SocialLeave a Comment

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Published on Jul 18, 2017The head of the Air Force's Air Combat Command told congressional leaders on July 11 that the military needs the authority to shoot down civilian drones that threaten to interfere with military operations. Category License Standard YouTube License ... Read More
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Wall Street Thinks Netflix Is The Next Big Thing

In Business, Emerging Technology by National Public RadioLeave a Comment

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Enlarge this image Actors join other creators of Netflix's Master of None in a panel discussion in June. The series is nominated for a best-comedy Emmy. Alberto E. Rodriguez/Getty Images For Netflix hide caption toggle caption ... Read More
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Islip approves zoning for first phase of Heartland project

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

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More than 15 years after it was first pitched, the transformative Heartland Town Square mixed-use redevelopment project has cleared another hurdle. The Islip Town Board voted 5-0 Tuesday to approve the zoning for the first phase of the ambitious plan to remake 452 acres of the former Pilgrim State Psychiatric Hospital property in Brentwood into a walkable new-urbanist community. Only about a third of the much-debated and long awaited $4 billion mega-project that proposed to bring 9,100 apartments amidst more than 3 million square feet of accompanying retail and office space will be accommodated by the new zoning. The town zoning for the project’s firs... Read More
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Is the stock market reacting to the health care bill failure?

In Business, Emerging Technology, Healthcare, Mobile Technology, Video by CBS NewsLeave a Comment

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The Dow ended the day lower, but Netflix set a record high. Zachary Karabell, the president of River Twice Research and head of global strategies at Envestnet, joined CBSN to discuss the state of the market and whether the failure of the latest health care bill is having an impact.Subscribe to the "CBSN" Channel HERE: http://bit.ly/1Re2MgSWatch "CBSN" live HERE: http://cbsn.ws/1PlLpZ7Follow "CBSN" on Instagram HERE: ... Read More
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4 giant steps to build a robot that actually works

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

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Robots have a rich history. The ancient Hebrews wrote about an artificial being, the golem, that would assist with tedious labor; Leonardo da Vinci published a design for a mechanical knight in 1495; and Westinghouse’s Televox robot, created in 1927, listened to human voice commands. These developments all paved the way for today’s ... Read More
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NeuLion announces partnership with PokerGo

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

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NeuLion, Inc., a Plainview-based digital broadcasting company, today announced its partnership with PokerGo, a digital video subscription service launched in May by Las Vegas-based Poker Central.  The service gives users access to live poker tournaments, original shows, and a number of poker events and programming. “We’re very excited to be working with yet another industry-leading global content provider with tremendous reach and scale and a huge captive audience in excess of 100 million loyal fans globally,” Roy Reichbach, president and CEO of NeuLion, said in a written statement. NeuLion’s digital platform streams live and HD on-demand sports and entertainment content to any connected device, such as mobile and ... Read More
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Driverless vans, drones, and the next phase of automated deliveries

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

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Do you remember the futuristic movies that showed us what daily life might look like 50 to 100 years from now: the autonomous cars in Minority Report or the drone deliveries and parachuting packages in The Hunger Games? Well, you might be surprised to learn these formerly futuristic movie effects are slowly but surely becoming our reality. Drones, driverless vans, delivery bots, and other futuristic technologies have the potential to make a great impact on us day-to-day, making life easier, more immediate, and perhaps even healthier. From less congestion on the roads to real-time deliveries, this would be the new normal for our society. This stunning transformation has been propelled by overwhelming consum... Read More
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Nader: Costs aside, college education provides big benefits

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

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Claude Solnik’s recent LIBN column, “Connecting the Debts,” is important and timely.  However, the column neglects to mention the enormous benefits that higher education yields. It’s vital, however, to look carefully at these benefits as well as the costs. Long Island is a college and university rich environment. It offers a diverse range of excellent institutions of higher learning with widely varying costs, substantial scholarship opportunities, and outstanding program options. The returns to a thoughtful investment in many of these colleges can be extraordinary. There has rarely been a time when the returns to a college degree were bet... Read More
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Surge Components reports loss

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

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Surge Components, a maker of capacitors and semi-conductors, reported a $103,000 second quarter loss roughly flat with its  $108,000 loss a year ago. The Deer Park-based firm reported that net sales increased 5 percent to $7.4 million, primarily attributable to increases in orders. Gross profit increased by 9.6 percent to $1.8 million and gross profit margin increased to 24.1 percent from 23.1 percent. CEO Ira Levy pointed to “the successful introduction of new product lines to the market, and continued growth in our distribution sales channels.” He said gross profit increased “due to our focus on our efficient management of the business and higher margin customers.” Selling and shipping expens... Read More