Banks are quickly approaching their "automation tipping point," and they could soon reduce headcount by as much as 30%. That's according to a new Citi Global Perspectives & Solutions (GPS) report on how financial technology is disrupting banks."Banks' Uber moment will mean a disintermediation of bank branches rather than the banks themselves," the report said."Specifically, it will mean the...

A $199 metal canister with Wi-Fi seeks to end the "ritual of the cork." Kuvée: The Smart Bottle That Keeps Wine Fresh for 30 DaysFor wine, the hangover can start as soon as the bottle is opened. Oxygen is toxic to the lovely, inebriating juice, which as every moment passes becomes something other than intended (letting it ''breathe'' notwithstanding). On any given night, having to choose betwe...

When Tesla revealed the latest addition to its electric vehicle lineup, the Model 3, last week in Hawthorne, California, it did so with a swagger that many found reminiscent of Apple in its heyday. Priced at $35,000 for the base model, the Model 3 delivers at least 215 miles of range and will go from 0-60 mph in less than six seconds. It comes equipped with Tesla’s autopilot hardware, a 15-inc...

As Silicon Valley fights for talent, universities struggle to hold on to their stars.THAT a computer program can repeatedly beat the world champion at Go, a complex board game, is a coup for the fast-moving field of artificial intelligence (AI). Another high-stakes game, however, is taking place behind the scenes, as firms compete to hire the smartest AI experts. Technology giants, including Go...

Salesforce has acquired MetaMind, a deep learning startup backed by Salesforce cofounder and chief executive Marc Benioff. The startup’s services will stop working on May 4. Terms of the deal weren’t disclosed.“Salesforce plans to integrate MetaMind’s technology into Salesforce services,” MetaMind cofounder and chief executive Richard Socher wrote in a blog post. “For unpaid web users, Me...

System from MIT’s Computer Science and Artificial Intelligence Lab enables single WiFi access point that can locate users within tens of centimeters.We’ve all been there, impatiently twiddling our thumbs while trying to locate a WiFi signal. But what if, instead, the WiFi could locate us? According to researchers at MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), it co...

The Quinque works on a unique concept of having two chambers. A wash chamber, and a storage chamber (divided into 5 separate compartments). The person using the machine just has to place their clothes inside the washing tub, and Quinque performs the necessary wash cycle on it. Once the clothes are washed, they enter a compartment in the storage chamber, where they are kept until they are collec...

EF MediSpa have carefully listened to the beauty concerns of their clients. In this infographic, learn of some of the most wanted male and female treatments for 2015 and what products their clients wanted to use.One of our main objectives at EF MEDISPA is to listen to your beauty concerns and provide you with the most suitable solutions. So what were our client’s main concerns in 2015? What pr...

2015 was a big year for music streaming in the United States. The launch of new services such as Apple Music and Tidal further accelerated the seemingly unstoppable rise of music streaming. According to the Recording Industry Association of America’s year-end report, the number of paid streaming subscriptions grew from 7.7 million to 10.8 million in the past year and, for the first time ever,...