Innovation & Tools
IMF proves Big Data can be used in macroeconomics - 02/03/2020
The IMF presented a study demonstrating feasibility of using publicly available big data arrays for macroeconomic planning. Researcher Serhan analyzed prospects of using Google trends to predict the number of tourists from the United States visiting the Bahamas. The study relied on search query data and statistics on tourist flows to the Bahamas in 2004–2018. In particular, the data was used for...
Japan sets to launch 6G mobile communications - 01/28/2020
This year, the world expects a massive transition to the 5G standard - the fifth generation of cellular communications. It’s been tried on for several years: at the end of 2018, one of the companies launched a 5G network in the USA, and a new generation of communications was launched in South Korea and some cities in Switzerland at the beginning of 2019. Then, several cities of China launched the...
Facebook abandons plans to integrate ads into Whatsapp - 01/20/2020
WhatsApp is unlikely to introduce ads in the near future. According to US media, Facebook abandoned plans to integrate advertising into this messenger. Instead, the social network will focus on paid features for entrepreneurs who communicate with customers on WhatsApp. Facebook abandoned previously discussed plans to integrate advertising into the WhatsApp messenger, writes The Wall Street...
Liquid crypto exchange will return money to buyers of Gram tokens - 01/16/2020
Liquid cryptocurrency exchange announced that it has canceled sale of Gram tokens. Those users who participated in the purchase of tokens will be able to return their funds. The exchange stated that it is obliged to return all the money, since TON Mainnet was not launched by November 30, 2019. Earlier, the court ordered Telegram to share data on banking operations during the ICO. “Each Liquid...
WEF: Profit from data exchange in industry may reach $ 100B - 01/14/2020
Although new technologies, such as artificial intelligence and in-depth analytics, are transforming the global industry and creating new opportunities, companies alone are unable to take advantage of these advantages due to a lack of relevant data, according to an analytical report from the World Economic Forum (WEF) and the Boston Consulting Group (BCG). At the same time, according to their...
South Korean companies boost R&D spending in 2019 - 12/25/2019
The largest South Korean players increased funding for R&D, despite a decrease in revenue. The total research and development expenses of the 500 largest South Korean companies in terms of sales in the first three quarters of the year amounted to 39.3 trillion won ($ 33.8 billion). This is 11.3% more than a year earlier, according to Yonhap, citing a study by CEO Score. The study suggests that...
2020 tech trends: Electric bicycles and 5G networks - 12/12/2019
Consulting and auditing company Deloitte presented a report by TMT Predictions 2020, dedicated to the main tech and media trends for 2020. The company’s analysts believe that in 2020, we will see the rapid development of satellite Internet, the massive introduction of AI chips into gadgets and the introduction of private 5G networks. Speaking about the development of AI, the company believes that...
World's largest palladium producer to launch platform for digital metal tokens exchange - 12/10/2019
Russian Norilsk Nickel (Nornickel) is testing a platform for trading digital metal tokens. According to co-owner of the company Vladimir Potanin, the official launch of the project can take place in the Western countries or in the Middle East, because the law on digital financial assets has not yet been adopted in Russia, the company’s homeland. Norilsk Nickel, the world's largest producer of...
US Cargo Dragon successfully docked with the ISS - 12/09/2019
Cargo Dragon by SpaceX, the U.S., launched into orbit on Sunday, successfully docked with the International Space Station (ISS), the United States National Aeronautics and Space Administration (NASA) said. Cargo Dragon docked to the American segment of the station, the Harmony module. Before that, a ship approaching the ISS was captured with the help of the 17-meter Canadarm-2 manipulator arm,...
China will help create international face recognition rules - 12/06/2019
Face recognition technology has been used for years by airports, police and intelligence agencies in dozens of countries. However, this area remains unregulated in any way in many of them. The need to create universally accepted international rules in this area is obvious. China, the EU and the USA are making efforts in this direction, and so far the PRC is confidently leading the race. Last...