GoPro predicts revenue slump and slashes workforce; stock plunges

Camera maker GoPro Inc. is getting out of the drone business, laying off more than 20 percent of its workforce and losing two executives after predicting a sharp decline in its fourth-quarter revenue and disclosing weak holiday-season demand for its cameras. The disappointing outlook sent shares plummeting nearly 30 percent to an all-time low of $5.32… Please follow and like us:

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Amazon To Prevent Inflation And Other Grey Swan Predictions For 2018

The end of the year is almost here, so we’re getting the usual flood of end-of-the-year and preview 2018 reports. Nomura analysts have entered the fray with their grey swan predictions for 2018, which include an interesting mix of tidbits such as lessons from the movies about 2018, continuing impacts of Amazon and e-commerce on inflation,… Please follow and like us:

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Army Spent $100 Million On Intelligence System It Never Used, NSA Leak Says

An unsecured, public database maintained in part by the United States National Security Agency contained information about a $100 million Army intelligence project that was never deployed. The publicly accessible database, which was discovered by security researcher Chris Vickery of security firm Upguard, contained more than 100 gigabytes of data from the now-defunct “Red Disk” program.… Please follow and like us:

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Does regulating artificial intelligence save humanity or just stifle innovation?

By Jeremy Straub, Assistant Professor of Computer Science, North Dakota State University. Should robots and artificial intelligence face additional restrictions? maxuser/Shutterstock.com Some people are afraid that heavily armed artificially intelligent robots might take over the world, enslaving humanity – or perhaps exterminating us. These people, including tech-industry billionaire Elon Musk and eminent physicist Stephen Hawking, say… Please follow and like us:

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Drones will fly into the path of the eclipse to study weather

As the sky does dark, robots will conduct atmospheric science. A hex drone and a DJI Phantom fly in the sunset On Monday, hex drones will fly into the sky during the eclipse to measure the change in weather from the sudden darkness and the sudden cold. Jamey Jacob When the sun disappears behind the moon… Please follow and like us:

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Robots ‘Will Replace Humans on the Battlefield’

The role of humans on the battlefield will be replaced by high-tech robotic killing machines, a U.S. military chief has said. Speaking at the third annual “Mad Scientist” conference recently at Georgetown University, Lieutant General Sean B. MacFarland said the nature of warfare would be transformed by killer robots and artificial intelligence. “We’re standing on the… Please follow and like us:

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Last week in tech: Amazon’s massive drone delivery hub may be coming to your city (in the distant future)

Plus: Free vintage Sega games and the latest from the wild world of cryptocurrency. Look how happy that tiny stick figure is to be hanging around the terrifying drone hive. Amazon Summer officially started last week, so many of you were probably too excited to head out and do sunshine-related activities than to keep up on… Please follow and like us:

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Why Apple And Amazon Are Planning Self-Driving Cars

This article originally appeared on the Motley Fool. IHS estimates that there will by 76 million autonomous vehicles on the road by 2035, and Boston Consulting Group expects the driverless car market to be worth $77 billion by that year. Autonomous vehicles have the potential to upend the transportation and technology industries, something that isn’t lost… Please follow and like us:

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Army Races To Rebuild Short-Range Air Defense: New Lasers, Vehicles, Units

The Avenger mounts Stinger missiles on a Humvee — an increasingly insufficient combination for modern war. ARLINGTON: As Russia and other adversaries stock up on drones, rockets, and missiles, the US Army is building up defenses to shoot them down. But that Short-Range Air Defense force has been devastated by a decade of cuts. The service’s… Please follow and like us:

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