Search results for "ai technology"

UnitedHealth to pay nearly $8B for technology company Change

UnitedHealth Group will spend nearly $8 billion in cash to add a health care technology company to its growing Optum business. UnitedHealth said Wednesday that it will add Change Healthcare to its OptumInsight segment and boost its ability to provide data analytics and revenue cycle management support, among other offerings. Minnetonka, Minnesota-based UnitedHealth brings in […]

China criticizes US order against dealing with Chinese apps

China’s government on Wednesday accused Washington of misusing national security as an excuse to hurt commercial competitors after President Donald Trump signed an order banning transactions with payment services Alipay and WeChat Pay and six other apps. Tuesday’s order escalated a conflict with Beijing over technology, security and spying accusations that has plunged U.S.-Chinese relations […]

Human-reliant AI: A shield against the pandemic

As the pandemic stretched out and engulfed the globe, countries harnessed technology to the best of their abilities to aid in the fight against the virus and to keep us safe. Artificial intelligence (AI) is among the most useful of these emerging technologies, but without the human ingenuity and adaptive intelligence, these tools cannot be […]

Is Blockchain-powered FinTech the future of finance?

Imagine yourself as a bank executive, competing against a global, multi-service, low-cost, digital bank; customers checking their accounts via smartphones, paying bills or transferring money with a swipe of finger. An AI-powered engine allows them to play around with their ETF portfolios with absolutely no fees, or cross-border payments. Take a moment to consider facing […]

Nokia wins 5G deal with Thailand’s dtac

Thailand’s dtac has selected Finnish telecoms company Nokia as its 5G RAN partner, ensuring that the company’s network performance is 5G-ready, with deployment expected to start later in the year with completion forecasted by 2022. Nokia has been in Thailand for over 30 years with the deployment of 2G, 3G and 4G networks and will […]

New Coronavirus strain impacts financial markets

Just when we thought we were in the clear, coronavirus pulls us back in. A new modified strain of the virus has been identified in the UK, forcing the nation into a T4 lockdown. Following news of the new coronavirus strain outbreak, Asian stocks fluctuated and in parallel, a long-awaited second stimulus bill was announced […]

Retailers brace for flood of returns from online shopping

A huge surge in online shopping during the pandemic has been a savior for retailers, but it comes at a price. Shoppers are expected to return twice as many items as they did during last year’s holiday period, costing companies roughly $1.1 billion, according to Narvar Inc., a software and technology company that manages online […]

EXPLAINER: How bad is the hack that targeted US agencies?

Governments and major corporations worldwide are scrambling to see if they, too, were victims of a global cyberespionage campaign that penetrated multiple U.S. government agencies and involved a common software product used by thousands of organizations. Russia, the prime suspect, denies involvement. Cybersecurity investigators said the hack’s impact extends far beyond the affected U.S. agencies, […]

AI in education: bringing schools into the digital age

For the last decade, the education industry has dabbled with emerging technologies in the hopes of slowly integrating them within their educational models. However, the worldwide COVID-19 pandemic took the sector from carefully dipping their toes into the technological stream and threw it headfirst into an unplanned experiment of online education to hold the fort. […]

Remote medical training against COVID-19 now possible with “virtual patient”

Virti, a virtual and augmented reality platform that enables remote medical training through immersive environments, released their latest AI-powered invention, “Virtual patient”. The learning modules were recognized as one of the best inventions of 2020 by TIME magazine.  The platform allows medical students and professionals to receive remote medical training. Trainees can learn to wear […]