U.S. Treasury Secretary Janet Yellen said that she believes the Federal Reserve can bring down inflation without causing a recession because of a strong U.S. job market and household balance sheets, low debt costs and a strong banking sector. Yellen told a U.S. House of Representatives Financial Services Committee hearing Read more…
Facial recognition is making a comeback in the United States as bans to thwart the technology and curb racial bias in policing come under threat amid a surge in crime and increased lobbying from developers. Virginia in July will eliminate its prohibition on local police use of facial recognition a Read more…
Twitter is shaking up its top leadership. The first move came as consumer product leader Kayvon Beykpour announced on Twitter that current CEO Parag Agrawal “asked me to leave after letting me know that he wants to take the team in a different direction.” From a report: Bruce Falck, the Read more…
At its I/O developer conference, Google today launched Google Wallet, a new Android and Wear OS app that will allow users to store things like credit cards, loyalty cards, digital IDs, transit passes, concert tickets, vaccination cards and more. That’s pretty straightforward, but from here on out, it gets a Read more…
It’s not every day that someone comes across a new state of matter in quantum physics, the scientific field devoted to describing the behavior of atomic and subatomic particles in order to elucidate their properties. Yet this is exactly what an international team of researchers that includes Andrea Bianchi, University Read more…
Global market regulators are likely to launch a joint body within the next year to better co-ordinate cryptocurrency rules, a senior watchdog official has said. Ashley Alder, chair of the International Organization of Securities Commissions (IOSCO) said the boom in digital currencies such as bitcoin was one of the three Read more…
Alphabet’s Google, which failed to find a consumer audience for its internet-connected glasses about a decade ago, on Wednesday presented a prototype of augmented reality glasses aimed at the general public. In a brief demonstration at its annual I/O developer conference, the company showed glasses using an AR version of Read more…