Microsoft AI Can Answer Questions Like Humans

Microsoft has developed an artificial intelligence-based technology that’s capable of answering questions just like humans. The Redmond giant has also revealed that it is planning to expand the technology, so that it would be skilled enough to handle follow-up questions as well. In a recent blog post, Microsoft talked about a new technology it has created… Please follow and like us:

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Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

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New technology: destroyer or creator of jobs?

Workers across the world are increasingly aware of what many consider an existential threat to a wide array of jobs. Safe and efficient autonomous vehicles, for example, may make truck drivers obsolete in the not too distant future. At the same time, advocates of technology argue, people around the planet are finding new and often better… Please follow and like us:

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Germany to add China’s yuan to currency reserves

Germany’s central bank has said it will include China’s yuan in its reserves, giving another boost to Beijing’s drive to internationalise the currency and helping send the unit to two year highs. The Bundesbank said its board had decided in July to invest in the renminbi, as it is also known, to take account of its… Please follow and like us:

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JPMorgan Chase & Co. Q4 2017 Earnings Beat Estimates

The JPMorgan Chase & Co. Q4 2017 earnings results were released before opening bell this morning. The bank reported adjusted earnings of $1.76 per share on $25.45 billion in revenue, compared to the consensus estimates of $1.69 per share and $25.17 billion in revenue. In the previous year’s fourth quarter, the bank reported $1.71 per share… Please follow and like us:

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Tighten Monitoring Of Chinese Investments, Experts Tell HASC

WASHINGTON: As China forges ahead trying to grab the head of the technology table by throwing money, policy and people at quantum computing and Autonomous Intelligence, the US should carefully watch what companies China invests in or tries to buy. Those were the conclusions of three of the top China and technology experts in Washington who… Please follow and like us:

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FRANCE – CHINA – Open markets, Macron tells China, or risk protectionist backlash

French President Emmanuel Macron focused on trade imbalances on the second day of his state visit to China, offering to open up France to Chinese investment in exchange for greater access to Chinese markets for French companies. Speaking to members of the French and Chinese business community at a start-up incubator, called Soho3Q, in Beijing, Macron… Please follow and like us:

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Warren Buffett Won a Decade-Old $1M Bet

Warren Buffett Won a Decade-Old $1M Bet In 2007, Warren Buffett challenged finance professionals in the hedge fund industry to accept a bet that Buffett described in his 2016 letter to shareholders of Berkshire-Hathaway (see p. 21-21): In Berkshire’s 2005 annual report, I argued that active investment management by professionals – in aggregate – would over… Please follow and like us:

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Corporate Tax Rate Changes Might Result In Company Deleveraging

Since the financial crisis, the total value of debt owed and issued by US corporations has ballooned. Bingeing on low-interest rates, companies have borrowed heavily to finance acquisitions, buybacks, and dividends with few, if any repercussions. Get Our Icahn eBook! Get our entire 10-part series on Carl Icahn and other famous investors in PDF for free!… Please follow and like us:

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What can Qualcomm do to fend off Broadcom?

When Broadcom proposed ousting Qualcomm’s board of directors on Dec. 4, it set in motion a high-stakes chess match for control of San Diego’s most iconic technology company. The outcome could reverberate not only locally, but throughout the tech industry — possibly changing the landscape for firms such as Apple, Google, Microsoft and Intel. Qualcomm invented… Please follow and like us:

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Stock market up 25 percent in 2017. Gains to continue in 2018?

WASHINGTON, January 2, 2018: The value of the U.S. stock market as measured by the Dow Jones Industrial Average, has increased more than 25 percent in 2017. As 2018 begins, it looks very much like the bull market will continue, possibly posting a yearly gain possibly similar to that of the year just concluded. Although analysts… Please follow and like us:

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China imposes new restrictions on outbound investment

China has issued new rules increasing oversight of overseas acquisitions by its companies, as it seeks to reduce investment in assets ranging from golf courses and movie studios to football clubs. The rules are the latest attempt to stem the tidal wave of capital that has flown out of the country in recent years, a trend… Please follow and like us:

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China’s investment scrutiny to widen

‘All-around’ supervision of outbound capital to include comprehensive law China plans to adopt an “all-around” supervision program covering all phases of outbound investment, with more steps to fill a policy void and further facilitate legislation in the pipeline, according to the nation’s top economic regulator. With a slew of guidelines on outbound investment having effectively curbed… Please follow and like us:

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China Gears Up to Reduce Impact of US Tax Cut

Chinese companies with international ambitions are caught in a serious dilemma by the U.S. move to cut corporate tax rates. The move has made the U.S. an attractive destination for Chinese companies facing very high taxes and other restrictions at home. On the other hand, they face the risk of being punished by Chinese authorities who… Please follow and like us:

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Eric Schmidt steps down as Alphabet’s executive chairman

Former Google Chief Executive Eric Schmidt announced Thursday he has stepped down from his role as executive chairman of the search giant’s parent company Alphabet. Schmidt, who served as Google’s CEO from 2001 to 2011, will remain on Alphabet’s board of directors while also serving as a “technical adviser,” the company said in a statement. “Larry,… Please follow and like us:

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