US body on AI calls for creating India-US strategic tech alliance

According to the Commission, in recent years, India has redoubled its efforts to improve its AI infrastructure.

The US should build a formal tech alliance with India that will help develop an overarching Indo-Pacific strategy focused on emerging technology, an independent federal commission on artificial intelligence has said. The newly-created National Security Commission on Artificial Intelligence in its report on Tuesday said the Department of State and the Department of Defence should negotiate formal AI cooperation agreements with India, Australia, Japan, New Zealand, South Korea and Vietnam.

In the report submitted to the Congress and President Donald Trump, the Commission underlined that America must build on the strength of its allies and partners to win the global technology competition and preserve free and open societies. This recommendation builds on growing support for the Quadrilateral Security Dialogue, a strategic forum among the US, Australia, India, and Japan, and calls for formalising

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Ex-Facebook honcho Tim Kendall says Big Tech is a ‘threat to democracy,’ calls for social media reform

Media Angle is a column offering perspectives on the media landscape from the newsmakers themselves. 

Moment CEO Tim Kendall is among the stars of the wildly popular Netflix documentary “The Social Dilemma,” which tackles the negative impact social media and Big Tech can have on people — and the former Facebook executive feels Big Tech is a threat to democracy that could eventually lead to a civil war in America.  

“Extreme outcomes are the logical end conclusion if there is no action on social media reform during the increasing destabilization of civil society,” Kendall told Fox News. 

Moment CEO Tim Kendall is among the stars of the wildly popular Netflix documentary “The Social Dilemma."

Moment CEO Tim Kendall is among the stars of the wildly popular Netflix documentary “The Social Dilemma.”

EX-GOOGLE STAFFER WARNS SOCIAL MEDIA, APPS ARE ‘BIG TOBACCO FOR OUR BRAINS’ 

“The Social Dilemma” features several Silicon Valley insiders explaining the dark side of social media, with everyone from the co-inventor of Facebook’s “like” button

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‘What Tech Calls Thinking’ Might Really Be Something Else

Dropping out of college is also, in Daub’s view, “elitism that very visibly snubs the elite … while nevertheless basking in its glow.” In the case of Elizabeth Holmes, the disgraced founder of the fraudulent blood-testing company Theranos, “dropping out” of Stanford actually meant dropping in to real money. After all, Holmes decamped from Stanford and coaxed $1 million out of a superrich family friend. Rather than turning to the loose freethinking that she might have found in books and liberal arts seminars, she made a beeline for the rat race of consumerism and greed that Leary and his ilk believed sucked the soul out of you. So much for “dropping out.”

Daub brings the same sharp eye for sophistry to other forms of palaver that move capital in Silicon Valley. He revisits the actual thinkers appropriated by TED bloviators, from the philosopher Marshall McLuhan to the French historian René

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Snowflake draws bullish calls from Wall Street, though some analysts say stock is fully valued

  • At least 19 investment banks initiated coverage of Snowflake on Monday, with price targets ranging from $214 to $350.
  • The stock rose 2.5% to close at $243.97.
  • Analysts agree that Amazon, Microsoft and Google are Snowflake’s top competitors, but they have differing views on how much of a threat those companies pose.



Frank Slootman wearing a suit and tie: Frank Slootman, CEO of Snowflake Inc. on Sept. 16th, 2020.


© Provided by CNBC
Frank Slootman, CEO of Snowflake Inc. on Sept. 16th, 2020.

Less than a month after Snowflake debuted on the stock market with the biggest software IPO in history, Wall Street analysts are rushing to make predictions on the cloud database company, which is already valued at over $67 billion.

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At least 19 analysts initiated coverage of Snowflake on Monday following the post-IPO quiet period, according to reports collected by CNBC.

Among the nine buy ratings, the most bullish prediction came from Truist, which gave Snowflake a price target of $350, or 47%

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Head of Russian space program calls for more international cooperation in NASA’s Moon plans

The head of Russia’s space program said today that NASA’s plans to send people back to the Moon are “too US-centric” for Russia to participate. He has been critical of the program in the past and now says that Russia would only be open to participating if the Moon plans were more focused on international cooperation.

“The most important thing here would be to base this program on the principles of international cooperation that we’ve all used” to fly the ISS, Dmitry Rogozin, the director-general of Roscosmos, said through a translator during a virtual press conference at the International Astronautical Congress. He added: “If we could get back to considering making these principles as the foundation of the program, then Roscosmos could also consider its participation.”

Rogozin has made it clear that he is not a fan of NASA’s Moon program, an initiative called Artemis that aims to send the

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Prison video visitation system exposed calls between inmates and lawyers

Prison video visitation systems are sometimes the only way family and lawyers can talk to inmates, particularly during the COVID-19 pandemic, but the security of those systems recently suffered a major lapse. Researcher Bob Diachenko told TechCrunch that video visitation provider HomeWAV left a database dashboard publicly accessible without a password since April, exposing “thousands” of calls between inmates and their attorneys. Anyone could read call logs and transcripts.

HomeWAV shut down the dashboard shortly after TC reported the issue. Company chief John Best confirmed the incident and said that a third-party vendor inadvertently removed the password restriction that kept the server private. He also promised to notify inmates, their families and lawyers.

It’s a particularly serious violation. While many US prisons record calls, they’re not supposed to monitor calls with lawyers due to attorney-client privilege — this suggests the calls were recorded in spite of that rule. And when

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U.S. Rep. Ken Buck Calls for ‘More Enforcement and Less Regulation’ of Big Tech on Cheddar

With big tech under a microscope in Washington, Democrats and Republicans agree that laws need to be modernized in order to promote fair competition, particularly for small businesses that tend to get snuffed out by the giants, Rep. Ken Buck (R-Colo. 4th District), told Cheddar.

Members of both parties have released reports that look to establish pathways to breaking up tech giants, which they consider monopolies, and level the playing field in online marketplaces.

According to Buck, who wrote one of those reports, the issue becomes partisan when deciding how to regulate the big tech industry, an issue he said would be uncertain under a Joe Biden- Kamala Harris administration.

“The Trump administration has been fairly aggressive in this area and partly because conservatives believe that Google and Facebook and Twitter are biased against conservative views and have suppressed conservative views…,” Buck said.

Also, Senator Harris comes from the Bay
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Twitter bans calls for polling disruptions and early victory declarations to curb election abuse

Twitter’s moves, like those announced recently by Facebook, are aimed mainly at combating efforts to manipulate the political landscape at critical moments in the hotly contested national vote. The policy changes are the culmination of years of reforms intended to prevent a repeat of 2016′s electoral debacle on social media, when disinformation, false news reports and Russian interference rampaged virtually unchecked across all major platforms.

“Twitter has a critical role to play in protecting the integrity of the election conversation, and we encourage candidates, campaigns, news outlets and voters to use Twitter respectfully and to recognize our collective responsibility to the electorate to guarantee a safe, fair and legitimate democratic process this November,” company officials said in a blog post published at noon Friday. The authors were Vijaya Gadde, the Legal, Policy and Trust & Safety Lead at Twitter, and Kayvon Beykpour, its product lead.

The moves are likely to

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Jim Cramer Calls AMD His Best Stock Pick Ever

AMD is reportedly interested in acquiring Xilinx and has been in talks about a possible acquisition.

The Wall Street Journal first reported that the two were in talks.

The Journal said the pair were in advanced merger talks that could value Xilinx at more than $30 billion, a 16% premium to the group’s closing price on Wall Street last night. Xilinx’s data-center chips have become much more valuable since the coronavirus pandemic triggered a surge in work-from-home dynamics that have pressured companies around the world to improve their technology and storage capabilities.

AMD, meanwhile, has seen its share price rise nearly 90% so far this year, taking its market value past $100 billion, a move that gives the chipmaker substantial firepower — despite a small net cash position of just $1.1 billion — to absorb Xilinx in an all-stock deal.

Jim Cramer said that investors don’t need to worry about

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U.S. House Antitrust Chairman Calls Unwinding Facebook’s Instagram Buy ‘The Right Answer’ | Technology News

WASHINGTON (Reuters) – U.S. Representative David Cicilline, the chairman of the House Judiciary Committee’s antitrust subcommittee, said on Wednesday he would be “comfortable with unwinding” Facebook Inc’s acquisition of Instagram.

The antitrust subcommittee on Tuesday released a report on Big Tech’s abuses of market power but stopped short of naming specific companies or acquisitions that must be broken up.

Cicilline, a Democrat from Rhode Island, told Reuters in an interview that Facebook should not have been allowed to buy Instagram, a deal that the Federal Trade Commission approved in 2012.

“I would be comfortable with unwinding that. I think that’s the right answer,” he said.

Facebook did not immediately respond to a request for comment. It has said previously that Instagram was insignificant at the time it was purchased and that Facebook built it into the success it has become.

Any effort to unwind the deal would entail the government

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