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  • IBM Buys Promontory Financial Group
    An anonymous reader quotes a report from ZDNet: IBM said Thursday it plans to acquire compliance consulting firm Promontory Financial Group to bring more financial regulatory expertise to Watson's cognitive computing platform. Promontory is a global consulting operation with an aim of helping banks manage the ever-increasing regulation and risk management requirements in the financial sector. With that in mind, IBM wants to use the industry expertise of Promontory's workforce -- which is made up of ex-regulators and banking executives -- to teach Watson all about regulation, risk and compliance. IBM is also using the deal to create a new subsidiary called Watson Financial Services, which will build cognitive tools for things things like tracking regulatory obligations, financial risk modeling, surveillance, anti-money laundering detection systems. "This is a workload ideally suited for Watson's cognitive capabilities intended to allow financial institutions to absorb the regulatory changes, understand their obligations, and close gaps in systems and practices to address compliance requirements more quickly and efficiently," IBM said in a press release.

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  • Google Rebrands 'Apps for Work' To 'G Suite,' Adds New Features
    Google has renamed "Apps for Work" to "G Suite" to "help people everywhere work and innovate together, so businesses can move faster and go bigger." They have also added a bunch of new features, such as a "Quick Access" section for Google Drive for Android that uses machine learning to predict what files you're going to need when you open up the app, based off your previous behavior. Calendar will automatically pick times to set up meetings through the use of machine intelligence. Sheets is also using AI "to turn your layman English requests into formulas through its 'Explore' feature," reports The Next Web. "In Slides, Explore uses machine learning to dynamically suggest and apply design ideas, while in Docs, it will suggest backup research and images you can use in your musings, as well as help you insert files from your Drive account. Throughout Docs, Sheets, and Slides, you can now recover deleted files on Android from a new 'Trash' option in the side/hamburger menu." Google's cloud services will now fall under a new "Google Cloud" brand, which includes G Suite, Google Cloud Platform, new machine learning tools and APIs, and Google's various devices that access the cloud. Slashdot reader wjcofkc adds: I just received the following email from Google. When I saw the title, my first thought was that there was malware lying at the end -- further inspection proved it to be real. Is this the dumbest name change in the history of name changes? Google of all companies does not have to try so hard. "Hello Google Apps Customer, We created Google Apps to help people everywhere work and innovate together, so that your organization can move faster and achieve more. Today, we're introducing a new name that better reflects this mission: G Suite. Over the coming weeks, you'll see our new name and logo appear in familiar places, including the Admin console, Help Center, and on your invoice. G Suite is still the same all-in-one solution that you use every day, with the same powerful tools -- Gmail, Docs, Drive, and Calendar. Thanks for being part of the journey that led us to G Suite. We're always improving our technology so it learns and grows with your team. Visit our official blog post to learn more."

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  • The Yahoo Hackers Weren't State-Sponsored, Security Firm Says
    itwbennett writes from a report via CSO Online: After Yahoo raised eyebrows in the security community with its claim that state-sponsored hackers were responsible for the history-making breach, security firm InfoArmor now says it has evidence to the contrary. InfoArmor claims to have acquired some of the stolen information as part of its investigation into "Group E," a team of five professional hackers-for-hire believed to be from Eastern Europe. The database that InfoArmor has contains only "millions" of accounts, but it includes the users' login IDs, hashed passwords, mobile phone numbers and zip codes, said Andrew Komarov, InfoArmor's chief intelligence officer. Earlier this week, Chase Cunningham, director of cyber operations at security provider A10 Networks, called Yahoo's claim of state-sponsored actors a convenient, if trumped up, excuse: "If I want to cover my rear end and make it seem like I have plausible deniability, I would say 'nation-state actor' in a heartbeat." "Yahoo was compromised in 2014 by a group of professional blackhats who were hired to compromise customer databases from a variety of different targeted organizations," Scottsdale, Arizona-based InfoArmor said Wednesday in a report. "The Yahoo data leak as well as the other notable exposures, opens the door to significant opportunities for cyber-espionage and targeted attacks to occur."

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  • Slashdot Asks: The Washington Post Says It Publishes Something Every Minute -- How Much Is Too Much?
    Media outlets are increasingly vying for your attention. But they are also feeding Google's algorithm. Some of them churn hundreds of news articles every day, hoping to offer a diverse range of articles to their readers, and also increase their "search space." The Washington Post is currently running a promotional offer -- letting people get a six-month digital subscription for $10 (pretty good if you ask me). But the Washington Post also mentions that is now publishes a new piece of content every minute. That's like 1,440 articles, videos and other forms of content in one single day. This raises a question: how much content is too much content? How many stories can a person possibly find time to read in a day? Do you feel that perhaps outlets should cut down on the number of things they publish? Or are you happy with the way things are?

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  • Microsoft Forms New AI Research Group Led By Harry Shum
    An anonymous reader quotes a report from TechCrunch: A day after announcing a new artificial intelligence partnership with IBM, Google, Facebook and Amazon, Microsoft is upping the ante within its own walls. The tech giant announced that it is creating a new AI business unit, the Microsoft AI and Research Group, which will be led by Microsoft Research EVP Harry Shum. Shum will oversee 5,000 computer scientists, engineers and others who will all be "focused on the company's AI product efforts," the company said in an announcement. The unit will be working on all aspects of AI and how it will be applied at the company, covering agents, apps, services and infrastructure. Shum has been involved in some of Microsoft's biggest product efforts at the ground level of research, including the development of its Bing search engine, as well as in its efforts in computer vision and graphics: that is a mark of where Microsoft is placing its own priority for AI in the years to come. Important to note that Microsoft Research unit will no longer be its on discrete unit -- it will be combined with this new AI effort. Research had 1,000 people in it also working on areas like quantum computing, and that will now be rolled into the bigger research and development efforts being announced today. Products that will fall under the new unit will include Information Platform, Cortana and Bing, and Ambient Computing and Robotics teams led by David Ku, Derrick Connell and Vijay Mital, respectively. The Microsoft AI and Research Group will encompass AI product engineering, basic and applied research labs, and New Experiences and Technologies (NExT), Microsoft said.

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  • FCC Votes To Upgrade Emergency Smartphone Alerts
    After recent bombings, the Federal Communications Commission has voted to update the four-year-old emergency smartphone alerts system, which is used by officials to ping smartphones to alert people of severe weather, missing children, terror attacks or other danger. Some of the new changes allow the system to send texts with links to pictures, maps and phone numbers. CNNMoney reports: The agency also voted to allow longer messages -- 360 characters, up from 90 -- and to require wireless providers to support Spanish-language alerts. Wireless carriers will be allowed to support embedded links later this year. They'll be required to next year. The system's limits were on display last week when millions of New Yorkers received a text alert seeking information on Ahmad Khan Rahami, suspected in bombings in New York and New Jersey. "See media for pic," the alert said. Emergency alerts still won't include embedded photos, but commissioners said they're open to the idea. "Vague directives in text about where to find information about a suspect, just as we saw in New York, are not good enough," said Jessica Rosenworcel, an FCC commissioner. "As we move into the 5G future, we need to ensure that multimedia is available in all of our alert messages." Not everyone was so sure. Michael O'Rielly, another commissioner, said adding links and multimedia could jam cell networks during emergencies.

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  • Four States Sue To Stop Internet Transition
    An anonymous reader quotes a report from The Hill: Republican attorneys general in four states are filing a lawsuit to block the transfer of internet domain systems oversight from the U.S. to an international governing body. Texas Attorney General Ken Paxton, Arizona Attorney General Mark Brnovich, Oklahoma Attorney General Scott Pruitt and Nevada Attorney General Paul Laxalt filed a lawsuit on Wednesday night to stop the White House's proposed transition of Internet Assigned Numbers Authority (IANA) functions. The state officials cite constitutional concerns in their suit against the National Telecommunications and Information Administration, U.S. government and the Department of Commerce. "The Obama Administration's decision violates the Property Clause of the U.S. Constitution by giving away government property without congressional authorization, the First Amendment to the U.S. Constitution by chilling speech, and the Administrative Procedure Act by acting beyond statutory authority," a statement released by Paxton's office reads. The attorneys generals claim that the U.S. government is ceding government property, pointing to a Government Accountability Office (GAO) review that "concluded that the transition does not involve a transfer of U.S. government property requiring Congressional approval." Paxton also echoed Texas Sen. Ted Cruz's warnings that the transition could harm free speech on the internet by giving Russia, China and Iran a voice on the international governing body that would oversee internet domain systems. "Trusting authoritarian regimes to ensure the continued freedom of the internet is lunacy," Paxton said. "The president does not have the authority to simply give away America's pioneering role in ensuring that the internet remains a place where free expression can flourish."

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