October 2018

MIT announces $1 billion artificial intelligence and computing initiative

Massachusetts Institute of Technology has announced a $1 billion commitment to computing and artificial intelligence that will see the size of its faculty in these fields near double, based on a $350m gift from Stephen Schwarzman, chief executive and co-founder of the global private equity group Blackstone. MIT said the initiative would be the largest investment in computing and AI ever made by an American university, and its biggest structural change since the 1950s when academics at MIT started pioneering research into AI.

Why former CIA director John Brennan is nervous about Facebook and Google

Days after revelations of sweeping security vulnerabilities at Facebook and Google, former CIA director John Brennan offered no confidence that we’ve discovered all of yesterday’s bad news about social-network security and can move on to preventing tomorrow’s. “I don’t think we’ve turned a corner yet, from the standpoint of remediation or prevention,” he said.

'The race to 5G has begun': Hearing led by Sen Thune (R-SD) touts possibilities of technology in Sioux Falls

Senate Commerce Committee Chairman John Thune (R-SD) brought his fight for fifth-generation (5G) internet speeds to Sioux Falls (SD) on Oct 12 during a field hearing of the committee.  "I've heard from stakeholders throughout the country ... it will transform our everyday lives," Chairman Thune said, referring to its potential in the use of driverless cars, precision agriculture and e-medicine.

Deposition: AT&T CEO raised idea of selling CNN to head off antitrust challenge

AT&T chief executive officer Randall Stephenson floated the idea of selling CNN when he met with Justice Department antitrust chief Marakan Delrahim in Nov 2017 in an attempt to head off a government lawsuit challenging the company's proposed takeover of Time Warner, according to a deposition.