Lifeboat Foundation

Meta Platforms Inc.’s Sheryl Sandberg, who became one of the most recognized figures in global business after helping Facebook transform from a startup into a multibillion-dollar advertising powerhouse, is stepping down as chief operating officer.

Sandberg, 52, will remain on the board of Meta, the parent company of Facebook, Instagram and WhatsApp, according to a post on the social network Wednesday. Javier Olivan, who has led the company’s growth efforts for years, will take Sandberg’s place as COO when she formally leaves in the fall.

When reading about the emerging cryptoworld and the new opportunities presented by blockchain technology, you may be enchanted by rags-to-riches stories with billions made overnight, or perhaps be horrified by scams, where the founders of fraudulent projects skip off to Tahiti with their investor’s money. However, it’s doubtful that the first thing that pops into your mind will be grizzly tales of extortion, kidnapping, and even murder. But for blockchain pioneers, falling victim to these horrific crimes is a very real risk that they must be wary about every day.

The explosive profit potential of cryptocurrencies has attracted a myriad of extortionists, scammers, and outright criminals over the years since Bitcoin was first launched in January of 2009. Some developers have had their companies’ reputations damaged by such conmen, and some have ended up beaten, kidnapped, and even killed.

One business that found itself the target of such nefarious opportunists was a Singapore-based company called Skycoin, which is still dealing with the fallout from these attacks to this day. After taking the rather innocuous decision to hire a marketing company to do PR and improve their website, the project and its co-founder found themselves caught in a web of blackmail, deceit, and crime that most people would only encounter in a crime thriller directed by Quentin Tarantino.

The world’s richest man has had it with this whole working-from-home business.

Musk’s focus on asking and answering the right questions has played a major role in the Tesla CEO’s success, as recently reported by Inc.com. With the billionaire’s net worth floating around $200 billion, even critics have to admit that a few different factors put Musk in that position, and his business savvy is definitely one of them.

Beyond being a founder of both Tesla and SpaceX, Musk’s brands have increased mainstream awareness of both EVs, a necessary step forward for the climate, and for space exploration, a huge and growing industry, for lack of a better description.

But asking the right questions is central to Musk’s ethos as a CEO, and he’s revealed this time and time again. Musk’s leadership style has discouraged the chain of command mentality in favor of the free flow of information, and he has used this to encourage anyone to search for the right questions at the right times — a strategy crucial to Musk’s approach.

Blockchain technology is spreading like fire across industries and businesses. It is currently used in digital voting, medical recordkeeping, decentralized finance, gaming, capital markets, supply chain management, etc. More and more businesses and individual users want to take advantage of blockchain to increase transparency, security, and communication. To leverage blockchain development in innovative use cases, organizations need to comprehend the programming languages best suited for their upcoming projects. Here are the top 5 hottest blockchain programming languages that are being utilized by start-ups and enterprises today.

A high-level programming language is getting more popularity as a blockchain developer language, particularly for dApps development. If you are looking for a language for developing smart contracts on Ethereum Blockchain, Solidity is the one. It is a contract-based language, allowing to store all the logic in the code of the Blockchain.

With amazing code portability, it is the most popular programming language among application developers. It has been used to create smart contracts such as Truffle, ARK, and some of the popular blockchains that are developed using Java include Ethereum, IOTA, NEM, and NEO.

Lack of a robotic hand that can match a human hand will continue to delay full automation.

SINGAPORE, May 30 (Reuters) — After struggling to find staff during the pandemic, businesses in Singapore have increasingly turned to deploying robots to help carry out a range of tasks, from surveying construction sites to scanning library bookshelves.

The city-state relies on foreign workers, but their number fell by 235,700 between December 2019 and September 2021, according to the manpower ministry, which notes how COVID-19 curbs have sped up “the pace of technology adoption and automation” by companies.

Continue reading “From baristas to inspectors: Singapore’s robot workforce plugs labour gaps” »

“We’ve spent a lot of time in education to help people understand that just like an automobile extends your capabilities in the physical domain, artificial intelligence extends your abilities within the data domain and the information domain,” the general said Wednesday.

AI and its traces can be found across the Pentagon and its many enclaves and alcoves. The department has for years recognized its value as well, describing the tech in a 2018 strategy as rapidly changing businesses, industries and military threats. More can be done, Groen said.

Continue reading “AI less about ‘killer robots,’ more about Pentagon transformation, Groen says” »

WASHINGTON — The Space Systems Command on May 26 rolled out a new process to assess the cybersecurity of commercial satellite operators that do business with the Defense Department.

Under the Infrastructure Asset Pre-Approval program, or IA-Pre, commercial suppliers of satellite-based services are evaluated based on their cybersecurity practices and systems. Those suppliers that pass the government’s checklist are then placed on a pre-approved list and will not be required to complete lengthy cybersecurity questionnaires for each individual contract proposal.

“Our office will begin accepting IA-Pre applications for a limited number of assets to perform assessments,” said Jared Reece, program analyst at the Space Systems Command’s commercial services systems office.

By 2025, the World Economic Forum estimates that 97 million new jobs may emerge as artificial intelligence (AI) changes the nature of work and influences the new division of labor between humans, machines and algorithms. Specifically in banking, a recent McKinsey survey found that AI technologies could deliver up to $1 trillion of additional value each year. AI is continuing its steady rise and starting to have a sweeping impact on the financial services industry, but its potential is still far from fully realized.

The transformative power of AI is already impacting a range of functions in financial services including risk management, personalization, fraud detection and ESG analytics. The problem is that advances in AI are slowed down by a global shortage of workers with the skills and experience in areas such as deep learning, natural language processing and robotic process automation. So with AI technology opening new opportunities, financial services workers are eager to gain the skills they need in order to leverage AI tools and advance their careers.

Today, 87% of employees consider retraining and upskilling options at workplaces very important, and at the same time, more companies ranked upskilling their workforce as a top-5 business priority now than pre-pandemic. Companies that don’t focus on powering AI training will fall behind in a tight hiring market. Below are some key takeaways for business leaders looking to prioritize reskilling efforts at their organization.