Archived threads in /news/ - Current News - 134. page

>Redundant Software

>That was the message Zames had for Deasy when he joined the firm from BP Plc in late 2013. The New York-based bank’s internal systems, an amalgam from decades of mergers, had too many redundant software programs that didn’t work together seamlessly.

>“Matt said, ‘Remember one thing above all else: We absolutely need to be the leaders in technology across financial services,’” Deasy said last week in an interview. “Everything we’ve done from that day forward stems from that meeting.”

>After visiting companies including Apple Inc. and Facebook Inc. three years ago to understand how their developers worked, the bank set out to create its own computing cloud called Gaia that went online last year. Machine learning and big-data efforts now reside on the private platform, which effectively has limitless capacity to support their thirst for processing power. The system already is helping the bank automate some coding activities and making its 20,000 developers more productive, saving money, Zames said. When needed, the firm can also tap into outside cloud services from Amazon.com Inc., Microsoft Corp. and International Business Machines Corp.
Tech Spending

>JPMorgan will make some of its cloud-backed technology available to institutional clients later this year, allowing firms like BlackRock Inc. to access balances, research and trading tools. The move, which lets clients bypass salespeople and support staff for routine information, is similar to one Goldman Sachs Group Inc. announced in 2015.

>JPMorgan’s total technology budget for this year amounts to 9 percent of its projected revenue -- double the industry average, according to Morgan Stanley analyst Betsy Graseck. The dollar figure has inched higher as JPMorgan bolsters cyber defenses after a 2014 data breach, which exposed the information of 83 million customers.
...

>“We have invested heavily in technology and marketing -- and we are seeing strong returns,” JPMorgan said in a presentation Tuesday ahead of its investor day, noting that technology spending in its consumer bank totaled about $1 billion over the past two years.

>One-third of the budget is for new initiatives, a figure Zames wants to take to 40 percent in a few years. He expects savings from automation and retiring old technology will let him plow even more money into new innovations.

>Not all of those bets, which include several projects based on a distributed ledger, like blockchain, will pay off, which JPMorgan says is OK. One example executives are fond of mentioning: The firm built an electronic platform to help trade credit-default swaps that sits unused.

>‘Can’t Wait’

>“We’re willing to invest to stay ahead of the curve, even if in the final analysis some of that money will go to product or a service that wasn’t needed,” Marianne Lake, the lender’s finance chief, told a conference audience in June. That’s “because we can’t wait to know what the outcome, the endgame, really looks like, because the environment is moving so fast.”

>As for COIN, the program has helped JPMorgan cut down on loan-servicing mistakes, most of which stemmed from human error in interpreting 12,000 new wholesale contracts per year, according to its designers.

>JPMorgan is scouring for more ways to deploy the technology, which learns by ingesting data to identify patterns and relationships. The bank plans to use it for other types of complex legal filings like credit-default swaps and custody agreements. Someday, the firm may use it to help interpret regulations and analyze corporate communications.

>Another program called X-Connect, which went into use in January, examines e-mails to help employees find colleagues who have the closest relationships with potential prospects and can arrange introductions.
...

>Creating Bots

>For simpler tasks, the bank has created bots to perform functions like granting access to software systems and responding to IT requests, such as resetting an employee’s password, Zames said. Bots are expected to handle 1.7 million access requests this year, doing the work of 140 people.

>While growing numbers of people in the industry worry such advancements might someday take their jobs, many Wall Street personnel are more focused on benefits. A survey of more than 3,200 financial professionals by recruiting firm Options Group last year found a majority expect new technology will improve their careers, for example by improving workplace performance.

>“Anything where you have back-office operations and humans kind of moving information from point A to point B that’s not automated is ripe for that,” Deasy said. “People always talk about this stuff as displacement. I talk about it as freeing people to work on higher-value things, which is why it’s such a terrific opportunity for the firm.”

>To help spur internal disruption, the company keeps tabs on 2,000 technology ventures, using about 100 in pilot programs that will eventually join the firm’s growing ecosystem of partners. For instance, the bank’s machine-learning software was built with Cloudera Inc., a software firm that JPMorgan first encountered in 2009.

>“We’re starting to see the real fruits of our labor,” Zames said. “This is not pie-in-the-sky stuff.”

So many bad dudes smuggling things into the country.

>>116023
Mexico should have some sort of barrier to keep cultural thieves out.....

>>116023
It looks like there are at least a couple of Folsom points in the one on the top right. Those would be immensely valuable both monetarily and scientifically (if the original location it was found could be excavated). They could rewrite the history books. It'd be a real shame from a history standpoint if nobody will confess where they came from.

>“My best guess is that it was his honorarium, I don’t think the officer who decided to detain him really understood the visa requirement and the technicalities on getting an honorarium which are permitted under his visa,” Marouf said. A Customs and Border Protection spokesperson did not immediately respond to a request for comment.

>Raised in France after his family were exiled from Egypt, the country of his birth, the 62-year-old Rousso is an expert on antisemitism and the Vichy government in France during the second world war and writes and lectures on the importance of remembering and learning from that period in modern history. He works at the French National Centre for Scientific Research. He has also had links with several distinguished American institutions, including Columbia University, Harvard University, Yale University and the US Holocaust Memorial Museum.

>After landing in Houston he was taken to an interview room where an officer suspected him of travelling on another, expired, visa, he wrote in the Huffington Post’s French edition.

>He credited the intervention of the university officials with securing his release and said he did not know why he was singled out for special scrutiny, but doubted it was by chance. “I’m always wary of making any hasty conclusions. This incident has caused me a certain discomfort, it’s impossible to deny. I cannot, however stop myself from thinking of all those who have to suffer these humiliations and this legal attack without the protections which I was able to benefit from,” he wrote.

>“It is now necessary to face up to the total arbitrariness and incompetence on the other side of the Atlantic,” he wrote. “I don’t know which is worse. What I do know, loving this country as I always have, is that the United States is no longer quite the United States.”
...

>Last week it was reported that border agents in Florida detained the US citizen son of the boxer Muhammad Ali and asked if he was a Muslim, while the celebrated Australian children’s author Mem Fox said she “collapsed and sobbed like a baby” after being held at Los Angeles international airport for two hours, insulted and questioned about her visa status.

>Rousso did not immediately return a comment request on Sunday. He is scheduled to fly back to France on Sunday – accompanied to the airport by a French consulate official to ensure his check-in process goes smoothly, Golsan told the Guardian.

>Two more French academics are set to visit Texas A&M for a conference this week, he said. Golsan added that there was concern in the academic community that Rousso’s predicament was a sign that the anti-immigrant “spirit of Trump” has emboldened enforcement officials to behave overzealously. The professor said that even though an immigration agent called him to confirm details in Rousso’s story at about 4.30pm on Wednesday, he was not released for another eight hours or so and grew anxious that he might be shackled and handcuffed if forced to fly back to France.

>>115857
>Rousso is an expert on antisemitism

what a waste of space this nigger is

>An Unprecedented Discovery

>The Jericho Skull is one of seven plastered and ornamented Neolithic skulls excavated by archaeologist Kathleen Kenyon in 1953 at the site of Tell es-Sultan, near the modern West Bank city of Jericho. The discovery—an archaeological sensation that brought Kenyon international fame—was first reported in National Geographic in December of that year.

>"We realized with a thrill of discovery that we were looking at the portrait of a man who lived and died more than 7,000 years ago," Kenyon wrote, describing to Geographic readers the moment that the first skull was revealed. "No archeologist [sic] had even guessed at the existence of such a work of art."

>While the seven skulls varied in detail, all had been originally stuffed with soil to support delicate facial bones before wet plaster was applied to create individualized facial features, such as ears, cheeks, and noses. Small marine shells represented eyes, and some skulls bore traces of paint.

>Since Kenyon's discovery, more than 50 such ornamented skulls have been discovered in Neolithic sites from the Middle East to central Turkey. While researchers generally agree that the objects represent an early form of ancestor worship, very little is known about who was chosen to be immortalized in plaster thousands of years ago, and why.

>Other Neolithic plaster skulls have been digitally examined, but the skeletal remains inside the British Museum's Jericho Skull are the first to be 3-D printed and forensically reconstructed.
...

>Separating Plaster from Bone—Virtually

>Kenyon's remarkable Neolithic portrait heads were dispersed to museums across the world for further study, and the British Museum's Jericho Skull arrived in London in 1954. But early attempts to coax more information out of the unusual artifact proved fruitless.

>The passage of thousands of years had erased many physical details from the plaster covering the skull, and a traditional x-ray scan was unable to differentiate between the similar densities of bone and plaster. The result was "a white blob on an x-ray plate," says Alexandra Fletcher, Raymond and Beverly Sackler Curator for the Ancient Near East, who headed up the reconstruction project for the British Museum.

>It wasn't until the Jericho Skull underwent a micro-CT scan in 2009 that researchers could finally visualize the human remains beneath the plaster. The scan revealed an adult cranium (the lower jaw had been removed), more likely male than female. The septum was broken, and rear molars were missing. A hole had been carved in the back of the cranium so it could be packed with soil, and the scans even illuminated 9,500-year-old thumbprints from where someone eventually sealed the hole with fine clay.
...

>A New Face for the Museum's Oldest Portrait

>In 2016, the British Museum created a digital 3-D model of the cranium from the CT scanning data and learned even more about the Neolithic man inside the Jericho Skull. While the scans suggested a broken nose, for instance, the 3-D model demonstrated the severity of the damage.

>Fletcher's team decided to take things further and created a physical model of the skull using a 3-D printer. Then they enlisted the skills of the RN-DS Partnership, an expert forensic facial reconstruction firm.

>Using the printed cranium and the model of a human male lower jaw from another Neolithic site near Jericho, the forensic experts were able to reconstruct the facial musculature onto the digitally created remains from inside the Jericho Skull, just as people had fashioned cheeks, ears, and lips from plaster onto the original human bone more than 9,000 years ago.

>"It's as if we did the Neolithic process in reverse," says Fletcher, proud that the British Museum's oldest portrait finally has a new face.

>Until February 19, 2017, the facial reconstruction and the original Jericho Skull will be displayed side-by-side in a British Museum exhibit entitled "Creating an ancestor: the Jericho Skull."

>At least two Democratic senators addressed in the letter were less than convinced. Sen. Al Franken, D-Minn., said on his Facebook page that "their letter does little to address my concerns and essentially asks American consumers to trust that the combined company won’t engage in anticompetitive behavior, raise prices, violate the principles of net neutrality, or decrease access to diverse voices."

>Similarly, Sen. Edward Markey, D-Mass, said in a statement, "It’s not surprising that AT&T would claim the proposed deal benefits consumers, but we need an objective review ... to truly evaluate how merging two massive companies into one behemoth will benefit my constituents and consumers from coast to coast.”

Dirty paijit

>>116193
Paijit has wares if you have coin.

>Payment squabble

>A New York County Supreme Court judgment entered in 2016 shows that the jewelry company and one of its principals were ordered to pay $3,059,590 to KGK Jewelry in the contract lawsuit. The case focused on the firm's non-payment of most of the $3 million due for jewelry KGK delivered to Trump's company for sale.

>Rejecting an appeal, a mid-level state appeals court affirmed the judgment. Trump's company has asked that court for permission to appeal that ruling to the state's highest court. In the meantime, KGK is seeking a warrant against Trump's jewelry firm for non-payment.

>Design dispute

>The fashion sandal lawsuit was initially filed in June against Ivanka Trump, her IT Collection LLC company and several firms that did business with her. At least one of the business partners has since been dropped from the case.

>Filed by Aquazzura, an Italian footwear design firm, the civil action accuses Trump and other defendants of improperly copying the Florence-based company's design for the "Wild Thing," a high-heel fashion sandal with distinctive suede tassels.

>In 2010, Trump and her business partners "resorted to knocking off" Aquazzura's popular sandal with a similar version dubbed the "Hettie," the Italian company charged in an amended court complaint.

>A representative for one of Trump's partners characterized the case in June as "a baseless lawsuit aimed at generating publicity."

>Federal court files show the case remains pending.
...

>Ivanka Trump's legal disputes are dwarfed by cases involving her father, President Trump. A 2016 USA TODAY analysis of court filings across the U.S. found that then-GOP presidential candidate and his businesses had been involved in at least 3,500 federal and state legal proceedings over three decades.

>The nation's commander-in-chief came to his daughter's defense early this month, weighing in via Twitter to claim she had been "treated so unfairly" by Nordstrom's decision to stop carrying her fashion line.

>Although Burlington Coat Factory and other retailers joined Nordstrom in either dropping or downplaying Trump's creations, a USA TODAY review last week found that Amazon, Bloomingdale's, Macy's and other companies continue to offer her dresses, blouses, handbags, shoes and other products.

>Ivanka Trump products are still sold at these stores

>>114158
this is news? and the trumps give a fuck about $5k?

he was a typical white trash loser like most NEETs on 4 chan... good riddance lol

wonder if his dad raped him

>>113538
>>113605

you fat neet motherfuckers need to stop making every board complete tard.

>>116161

>cnn-finances

>actual CNN site for stocks is money.cnn

Don't fall for shitty clickbait.

>>116161
How stupid do you have to be to think that's real?

>Dierksheide explains that Hemings' story was excluded from the history of Monticello until the 1990s because it was viewed as something that could taint Jefferson's reputation. Dierksheide also says there is much we still don't know about their nearly 40-year relationship.

>"One of the things that visitors are surprised to learn is that she and Jefferson's wife, Martha, shared the same father, the slave trader John Wayles," Dierksheide says. "So that actually made Jefferson's wife and Sally Hemings half-sisters."

>Dierksheide says along with shedding more light on Hemings' story, the goal of the $35 million project is to restore the landscape of slavery at Monticello.

>"What we realized is that even though we were telling the story of slavery on the mountaintop — the area of the house — nobody could actually see anything visible," Dierksheide says. "There were no remnants of slavery that visitors could encounter. ... And we're recreating or restoring spaces where enslaved families would've worked, would've lived, and made it the dynamic place that it was."

>>115106
Another whore in the white house.
Nothing new.

Looks like the American presidents' habit of cheating on their wives is a long standing one

Fox News anchor Bret Baier discouraged conservative news outlets who celebrated the gaggle, citing organisations who defended his network when former President Obama tried to freeze out Fox News in 2009.

“Some at CNN and New York Times stood with Fox News when the Obama admin attacked us and tried to exclude us,” he wrote on Twitter, “a White House gaggle should be open to all credentialed orgs.”

President Trump renewed his attacks on the media by again calling news outlets “the enemy of the people” at the Conservative Political Action Conference in Washington DC. "I'm against the people that make up stories and make up sources," he told his audience. "They shouldn't be allowed to use sources unless they use somebody's name. Let their name be put out there."

His comments come on the heel of reports that President Trump’s Chief of Staff Reince Priebus privately asked the FBI to prevent news stories of the Trump campaign’s communication with Russian intelligence.

Jeff Mason, the president of the White House Correspondents’ Association, said his organisation will protest strongly against the ban.

"The WHCA board is protesting strongly against how today's gaggle is being handled by the White House," he said in a statement. "We encourage the organizations that were allowed in to share the material with others in the press corps who were not. The board will be discussing this further with White House staff."

Joel Simon, executive director of the Committee to Protect Journalists, also called the decision alarming.

“President Trump’s calls for an end to anonymous sources was alarming. It is not the job of political leaders to determine how journalists should conduct their work, and sets a terrible example for the rest of the world, where sources often must remain anonymous to preserve their own lives,” he said in a statement. “We are concerned by the decision to bar reporters from a press secretary briefing. The US should be promoting press freedom and access to information.”

Good move by Trump. Wither them down.
CNN already bitching like children.

I knew he was fake news when he changed his tune so quickly on sending Hillary to prison.

>>114801
Probably because it would have been a true authoritarian dictator thing that isn't possible in a democracy.

He also got cucked on the one china thing.

>>114803

No one really cares about Taiwan. Maybe a handful of voters but only a tiny minority.

People really wanted to see Hillary face justice.
He doesn't have to bypass the law.

He said he would "instruct my attorney general to get a special prosecutor to look into your situation." to Clinton.

That doesn't sound impossible in a democracy.

>The private prison industry has been a major contributor to Republican political campaigns, particularly in recent years.

>As a candidate, President Donald Trump said he supported the use of private prisons, and the shares of the major companies — including Geo Group and CoreCivic Co., formerly Corrections Corporation of America — jumped after the election amid anticipation that the incoming administration would again turn to them.

>"I do think we can do a lot of privatizations and private prisons. It seems to work a lot better," Trump told MSNBC in March.

>The federal government started to rely on private prisons in the late 1990s because of overcrowding. Many of the federal prison inmates in private facilities are foreign nationals who are being held on immigration offenses. The Yates policy did not extend to prisons used by Immigration and Customs Enforcement, which hold tens of thousands of immigrants awaiting deportation.

>Immigration and human rights advocates have long complained about conditions in privately run prisons. An inspector general audit from last August said problems at private prisons in recent years included property damage, injuries and the death of a corrections officer.

>>114780
I should have held on to those stocks. Back in June, they tanked thanks to Obama's meeting with the justice dept and Shillary giving a speech on being against private prisons. My stock took a nosedive of 45% before I sold.

They bounced back when trump was elected and yesterday jumped another 33%. I'm an idiot for not holding.

>>115043
Nobody predicted the Spanish Inquisition either.

This isn't /pol/.

>>115023
>Prevent chicago from having it's weekly 500 shooting over the weekend is now bad.

So you basically saying that drug lords and gang members shouldn't be targets of law enforcement on the account they're black?
If that isn't the definition of being a fucking retard I don't know what is.

>>115023
Misleading headline. This board is about the news, not your editorials. Take your hot opinions back to >>>/pol/

>>115555
>Judge Randy Stoker needs to be fired. Wish something would be done...
Eye for an eye, rape for rape...people always get what they deserve. Not a one of us is innocent; only some people are more so than others who refuse accountability.

Wow nice loaded headline there, bucko

>>115957
>Implying liberals are capable of not bending news to their whims.
They're the reason the term "Fake News" exists.

Thank you Mr. Skeletal

>>115427
>>>/fit/

>>115427
https://www.youtube.com/watch?v=SDIWLRvc7gQ
who summons me?