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General Motors Co
GM to cut spending on self-driving unit Cruise after accident
...transportation labour organisations to the US Department of Transportation and National Highway Traffic Safety Administration outlined their “grave safety concerns about the expanded testing and operation of automated...
November 28, 2023
Hedge funds
Hedge funds Millennium and Schonfeld in advanced partnership talks
...A tie-up with Schonfeld, which concentrates on fully automated trading strategies, would boost its firepower in quantitative investing....
October 3, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
YouTube Inc
Advertising industry seeks refunds over YouTube skippable ads
...Last week, the Association of National Advertisers, a US trade association, reported that 15 per cent of the $88bn spent on automated digital ads is wasted on “Made for Advertising” websites designed to...
June 29, 2023
Millennium Management LLC
Jane Street accuses Millennium and two ex-employees of strategy theft
...The strategy that was at issue is not based on “sophisticated automated computer programmed trades”, it said in the complaint....
April 12, 2024
Insurance
Hiscox to use AI for underwriting process in tie-up with Google
...It would be the first time such activity had been automated, Hiscox added....
December 12, 2023
The Big Read
How AI is transforming the business of advertising
...Agency executives are betting that even if many jobs will be automated or replaced by AI, opportunities like this will command a premium....
February 11, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Google LLC
Brussels ramps up Google antitrust case with break-up threat
...Ad servers are used to help publishers such as websites and apps manage automated advertising, while ad-buying tools — another part of the market Google dominates — help advertisers target consumers....
June 14, 2023
Driverless vehicles
Ford-VW driverless car venture folds in face of tech challenges
...Argo was founded in 2016 and led by Bryan Salesky, who like many got his start on the technology at the Defense Advanced Research Projects Agency Urban Challenge, an early, high-profile test of automated...
October 26, 2022
FT Tech for Growth Forum
The rise of the platform economy
...It enables automated ordering of stock while ensuring more accurate requisitioning and less claims leakage. There is also full bill itemisation....
March 13, 2023
Special ReportAsia-Pacific Innovative Lawyers
Practice of law: best practice in legal work
...The lawyers led the creation of the bond and automated the administrative processes on Goldman Sachs’s digital asset tokenisation platform....
May 5, 2023
John Thornhill
Smarter machines risk creating dumber humans
...The bank aims to use the technology to add automated agents at its call centres, personalise services to its 17mn retail customers and streamline its internal processes by analysing documents....
September 15, 2022
LexElaine Moore
The Lex Newsletter: a robotaxi is a confident but cautious chauffeur Premium content
...Instead of roads full of autonomous robotaxis, personal cars will have more automated features. Vehicles will assist drivers, not replace them....
September 14, 2022
Sam Bankman-Fried
SBF charged with “orchestrating a massive, years-long fraud”
...He told investors and prospective investors that FTX had top-notch, sophisticated automated risk measures in place to protect customer assets, that those assets were safe and secure, and that Alameda was...
December 13, 2022
Waymo LLC
Rolling out driverless cars is ‘extraordinary grind’, says Waymo boss
...But Mr Krafcik points out that Waymo had already tried to build a customised vehicle with the Firefly, a fully automated two-seater designed in 2013 and abandoned four years later....
January 4, 2021
#techFT
Palantir seeks blockbuster NHS deal Premium content
...Apple Pay Later will be serviced through a wholly owned subsidiary, Apple Financing LLC. Lex assesses the risks. 2....
June 9, 2022
FT Live
Transforming the Finance Function with AI
Strategies for delivering advanced analytics, automation and decision-making
Thursday, 25 AprilDigital Conference
ETF HubLatest news on ETFs
The inside story of how ETFs weathered the March 2020 storm
...But even if Kaba-Ferreiro is right about the Fed’s importance, as Havlicek pointed out, even that decision was not automated. “At the end of the day, it was a human decision,” he said....
December 29, 2021
FT Asset Management
Cathie Wood’s Ark: a tech-driven bull market on steroids
...Where GSO relied on the experience, nous and ruthlessness of its founders Bennett Goodman, Doug Ostrover and Tripp Smith, DCI is powered by algorithms, complicated models and automated trading....
December 13, 2021
Brooke Masters
This is just the start of Apple and Google’s app store wars
...But their costs are far lower than a store’s because the sales process is automated and they sell phones rather than renting or buying real estate....
September 8, 2021
The FT ViewThe editorial board
Building trust in AI systems is essential
...The US Congress has been considering an Algorithmic Accountability Act, which would compel companies to assess the probable real-world impact of automated decision-making systems....
March 2, 2021
Google LLC
EU quizzes Google’s rivals about its advertising business
...Google’s technology stack has unrivalled scale in serving automated ads on websites in the open internet, putting buyers and sellers together, providing data and overseeing auctions for ad inventory....
January 20, 2021
Alphabet Inc
Google embroiled in row over AI bias research
...Systems like OpenAI’s GPT-3 and Google’s own system, Bert, attempt to predict the next word in any phrase or sentence — a method that has been used to produce surprisingly effective automated writing, and...
December 3, 2020
Blockchain
Digital Asset Holdings’ pivot raises doubt over blockchain future
...Instead, DAH is ramping up its focus on smart contracts, which use similar code to that used in automated transactions such as direct debits and standing orders. ...
June 7, 2019
Google LLC
Google accused of colluding with Facebook in online ad market
...The Republican-led complaint against Google, filed in federal court in the Eastern District of Texas, takes aim in particular at its advertising exchange, which handles the automated bidding and placement...
December 17, 2020
News in-depthDigital Media
Local news is drowning in ‘pink slime’ ahead of US election
...The email account listed on the SMG website for Mr Chen does not exist, according to an automated response....
October 15, 2020
US financial regulation
US regulator fines Citadel Securities over trading breach
...Over a two-year period until September 2014, the market-maker removed hundreds of thousands of large OTC orders from its automated trading processes, according to Finra....
July 20, 2020

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