As a young democracy grows out of adolescence, its rolling out reels and reels of tales. If the first post office or a telephone connection paints one colour, the Stamp of a stock market scam or the ‘Jewel Thieves’ scandal paint yet another colour. If failure of a sounding rocket was a stepping stone, sending 104 satellites in one go was a podium. If farmer suicides are a bad climax, growing number of Unicorns are a grand entry. Chethan Kumar, Senior Assistant Editor, The Times of India, who alternates between the mundane goings-on of the hoi polloi and the wonder-filled worlds of scientists and scamsters, politicians and Jawans, feels: There’s always a story, one just has to find it. Read MoreThe President must seize the moment
Geoffrey Hinton says he doesn’t regret the work he did that laid the foundations of artificial intelligence, but wishes he thought of safety sooner. The British-Canadian computer scientist often called the godfather of AI said over the weekend that he doesn’t have any guilty regret, which he said is when someone has done something when they know they shouldn’t have at the time. “In the same circumstances, I would do the same again,” he said of his research, which dates back to the 1980s and has formed the underpinnings of AI. “However, I think it might have been unfortunate in that we're going to get superintelligence faster than I thought, and I wish I'd thought about safety earlier.” Superintelligence surpasses the abilities of even the smartest humans. Hinton thinks it could arrive in the next five to 20 years and humanity may have to “worry seriously about how we stay in control.” Hinton made his prediction during a press conference in Stockholm, where he is due to a receive the Nobel Prize in physics on Tuesday. Hinton, a University of Toronto professor emeritus, and co-laureate John Hopfield, a Princeton University professor, are being given the prize because they developed some of the foundations of machine learning, a computer science that helps AI mimic how humans learn. Hinton kicked off his Nobel week on Saturday with the press conference, where he appeared with laureates in chemistry and economics and was asked about AI safety and regulation. Hinton left a job at Google last year to speak more freely about the technology's dangers, which he has said could include job losses, bias and discrimination, echo chambers, fake news, battle robots and even the end of humanity. On Saturday, he said he considers lethal autonomous weapons to be a short-term danger. "There isn't going to be any regulation there," he said, pointing out that European regulations have a specific clause exempting military use of AI from restrictions. "Governments are unwilling to regulate themselves, when it comes to lethal autonomous weapon, and there is an arms race going on between all the major arms suppliers like the United States, China, Russia, Britain, Israel and possibly even Sweden, though I don't know." A day later, Hinton put his concerns about AI aside to deliver a lecture with Hopfield explaining the research that earned them their Nobel. "Today I am going to do something very foolish." Hinton said in introducing his portion of the pair's hour-long speech. "I am going to try and describe a complicated technical idea for a general audience without using any equations." The audience chuckled. The talk began with Hopfield describing a network he invented that could store and reconstruct images in data. It led Hinton to later create the Boltzmann machine, which learns from examples, rather than instructions, and when trained, can recognize familiar characteristics in information, even if it has not seen that data before. Hinton said students in his lab and others run by fellow AI pioneers Yoshua Bengio and Yann LeCun were using Boltzmann machines to pre-train neural networks — machine learning models that make decisions in a manner similar to the human brain — between 2006 and 2011. By 2009, two of Hinton's students had showed the technique "worked a little bit better than the best existing techniques for recognizing fragments of phonemes in speech and that then changed the speech recognition community," Hinton said. Phonemes are small units of sound that can change the meaning of a word. Google later began working on technology based on Hinton's discoveries and "suddenly the speech recognition on the Android got a lot better." Even though the kind of Boltzmann machines Hinton was working with back then are no longer used in the same ways as he used them, he said "they allowed us to make the transition from thinking that deep neural networks would never work to seeing that deep neural networks actually could be made to work." Nobel Week will continue Monday with a discussion about the future of health before an awards ceremony and banquet is held Tuesday. Hinton has said he will donate a portion of the prize money — equivalent to about C$1.45 million — he and Hopfield will be given to Water First, which is working to boost Indigenous access to water, and a charity supporting neurodiverse young adults. He is also reportedly due to donate an early Boltzmann chip to the Nobel Prize Museum. The Nobel is not the only prize Hinton scooped up this month. On Friday, he, Bengio, LeCun, Chinese-American computer scientist Fei-Fei Li and Nvidia founder Jensen Huang, were awarded the Vin Future Prize, a US$3 million prize for science breakthroughs in a ceremony in Vietnam. Hinton, Bengio and LeCun previously won the A.M. Turing Award, known as the Nobel Prize of computing, together in 2018. This report by The Canadian Press was first published on Dec. 8, 2024. Tara Deschamps, The Canadian PressSix healthy habits to add to your working day
The development, based in Faverdale Industrial Estate is set to include a wide range of amenities such as football and cricket training areas, golf simulators, a gym, a canteen, and even a dedicated padel tennis court, is designed to alleviate this pressure. The new complex aims to address the growing demand for accessible training spaces and amenities in Darlington. (Image: Ward and Sons Holdings Ltd) Francis Ward, director of Ward and Sons and the driving force behind the project highlighted the importance of this development for the town. As someone deeply involved in grassroots sports, Ward emphasised the challenges of finding suitable venues for local teams and coaches. He said: "As a coach for Hurworth Albion football club, I found it to be a real task to find somewhere to train in the winter indoors or outdoors. Same as all the other coaches in grassroots football. "As females are coming into football as fast as males, most clubs are struggling to accommodate for this growth. I also think any facilities can than keep kids off the streets in my opinion is a plus." Ward added: "I have spent years being involved in grassroots sports including boxing and football and I have always found it difficult to find a venue. Even now, we are still travelling to Middlesbrough and other areas to take part in a 6-a-side game as there is no availability in Darlington. "Darlington is a thriving town, with hundreds of new housing developments under construction and new infrastructure to go... Cian MortimerIngram Micro Holding Corp. ( NYSE:INGM – Get Free Report ) has been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are currently covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $27.92. INGM has been the subject of a number of analyst reports. Jefferies Financial Group started coverage on Ingram Micro in a report on Monday, November 18th. They issued a “buy” rating and a $28.00 price target for the company. Redburn Atlantic initiated coverage on shares of Ingram Micro in a research note on Monday, November 18th. They issued a “buy” rating and a $30.00 target price for the company. Northcoast Research initiated coverage on shares of Ingram Micro in a research note on Friday, November 8th. They set a “neutral” rating on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Ingram Micro in a research report on Monday, November 18th. They issued a “buy” rating and a $26.00 price objective for the company. Finally, Morgan Stanley began coverage on Ingram Micro in a research note on Monday, November 18th. They set an “equal weight” rating and a $24.00 target price for the company. Get Our Latest Stock Analysis on INGM Ingram Micro Price Performance Ingram Micro ( NYSE:INGM – Get Free Report ) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.72 earnings per share (EPS) for the quarter. The company had revenue of $11.76 billion during the quarter. As a group, analysts anticipate that Ingram Micro will post 2.79 earnings per share for the current year. About Ingram Micro ( Get Free Report Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve. Further Reading Receive News & Ratings for Ingram Micro Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ingram Micro and related companies with MarketBeat.com's FREE daily email newsletter .Tweet Facebook Mail News Corp has sold its pay TV giant Foxtel to British sport network DAZN in a deal worth $3.4 billion. DAZN, a billionaire-backed sports streaming platform owned by wealthy businessman Len Blavatnik, will acquire Foxtel and the transaction is expected to be finalised in the second half of 2025, News Corp announced today. The Australian media company said the proposed deal will allow it to focus on its "key growth segments" including real estate and book publishing. READ MORE: Man accused of sickening attack on NYC train has image released Foxtel has been bought by DAZN in a deal worth $3.4 billion. (Bloomberg via Getty Images) Foxtel chief executive Patrick Delaney said DAZN's acquisition will see Foxtel expand its offerings into global sports. "News Corp's unwavering support and guidance has seen Foxtel successfully reinvent itself into a dynamic, streaming-led business delivering strong financial performance," Delany said. READ MORE: German market attack suspect warning revealed after court appearance News Corp said it will focus on key growth areas following the sale. (AAP) "We are excited to embark on the next chapter with DAZN, a premier global sports streaming provider, as our new shareholder. "DAZN's backing will enhance our strategy needed, provide access to their global reach, and strengthen the infrastructure and technology to accelerate our transformation. "Most importantly, we will continue to be a proudly Australian-based business, led by local management, committed to delivering locally-produced sports and entertainment content for our audiences." DAZN is owned by Access Industries' Leonard Blavatnik. (Getty) DAZN is owned by Access Industries, which was founded by Soviet-British businessman Blavatnik. Blavatnik is one of the world's richest men with an estimated net worth of $32.1 billion Access also has major stakes in Warner Music Group, French music platform Deezer and film house A24. Nine, the publisher of this website, also owns rival streaming service Stan. DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .
Resorts World Las Vegas Establishes Board of Directors with Jim Murren as Chairman, Appoints Alex Dixon as Chief Executive Officer
Boeing's ( BA 0.17% ) announcement of a significant 737 MAX order from Pegasus Airlines is big news. It's a vote of confidence in the airplane and Boeing's ability to deliver it, and it helps highlight the bullish cash for the stock in 2025. Boeing has no easy or quick fixes, but most of its issues and solutions lie in its own hands, and the recent news supports the idea that a recovery is around the corner. Boeing's orders in 2024 Pegasus made a firm order for 100 Boeing 737 MAX airplanes and can order a further 100. To put the importance of the order into context, consider that until the end of November, Boeing had only received 314 gross orders on the 737 year to date. The following chart doesn't include the Pegasus order, so you can graphically extrapolate the importance of an order for 100 Boeing 737 MAX airplanes in the battle over narrowbody orders with Airbus . Why Boeing fell behind Airbus in the narrowbody market The order is a shot in the arm for Boeing, not least because its recent issues have caused it to fall behind its rival, Airbus, in the key narrowbody market. The high-profile crashes in 2018 and 2019 were partly related to its flight stabilization system (MCAS) and caused the 737 MAX to be grounded from March 2019 to December 2020. If that wasn't bad enough, the pandemic came along in 2020, and the 737 MAX suffered a high-profile blowout in early January 2024, leading management to address manufacturing quality fundamentally. Throw in a costly labor contract negotiation, which led to strike action – potentially causing airlines to delay orders– and it's clear that the 737 MAX has lost out to the Airbus A320neo in the current generation of narrowbody airplanes. I'll return to that point in a moment. The order gives confidence While one order, irrespective of its size, isn't going to be a game-changer in itself, it highlights the potential at Boeing. That starts with executing its unfilled orders, which stood at 6,268 (including 4,818 Boeing 737s) at the end of November. Aside from the quality control issues at Boeing, there was also the concern that airlines would fail to place orders due to a lack of confidence in Boeing's ability to deliver. Those concerns are understandable when looking at just how Boeing's 737 production and delivery rates have slowed due to the need to reassess quality management and strike action. As a reminder, Boeing's original intention was to get to a stable rate of 38 a month on the 737 MAX in the year's second half. That's something that will have to wait until 2025. Still, the Pegasus deal helps allay those fears. Where will Boeing be in 2025? Despite all the difficulties in recent years and the disappointing deliveries in 2024, Boeing's orders haven't dried up, and the company still has a backlog that management can deliver on. As noted earlier, Boeing has fallen behind Airbus in the current generation of narrowbodies, but that's arguably already reflected in the share price. Nobody expects Boeing to suddenly trump Airbus in the narrowbody market, but it doesn't necessarily need to do so for the stock to outperform. Buying a stock is about buying value rather than, in this case, a vote on who has won the narrowbody airplane war. The primary long-term target is to ramp up 737 MAX and 787 widebody production and deliveries while delivering the new 777X. At the same time, Boeing needs to return its defense business to profitability. These are the keys to unlocking shareholder value . All of these things will improve Boeing's financial position, enabling it to develop a new airplane for the next generation of airplanes. As CEO Kelly Ortberg outlined on an earnings call, "Boeing is an airplane company, and at the right time in the future, we need to develop a new airplane. But we have a lot of work to do before then." Next year, Ortberg will aim to set Boeing on that path, but there won't be a pathway unless Boeing continues to win orders and carry the confidence of the airline industry, and that's what the Pegasus order helps to affirm.