‘Sooner, Faster, Now’ — the Companies Surfing the E-Commerce Wave

Amazon’s assault on the retail industry has brought misery to traditional retailers without a strong web presence. Less well noticed is the patchwork of European companies that are turning the e-commerce revolution to their advantage, supplying online giants with everything from forklift trucks and storage space to cardboard boxes and automated warehouses. Mainly bricks-and-mortar retailers such as Debenhams, H&M, and Marks & Spencer have faced a torrid few years as stretched…

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US Companies Urged to Issue ‘Clearer’ Cyber Risk Disclosures

The U.S. Securities and Exchange Commission on Wednesday updated guidance to public companies on how and when they should disclose cybersecurity risks and breaches, including potential weaknesses that have not yet been targeted by hackers. The guidance also said company executives must not trade in a firm’s securities while possessing nonpublic information on cybersecurity attacks. The SEC encouraged companies to consider adopting specific policies restricting executive trading in shares while…

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To Get a Ride, Uber Says Take a Walk

The latest variation of an Uber ride will require a short walk. In eight U.S. cities, the ride-hailing company is rolling out a service called “Express Pool,” which links riders in the same area who want to travel to similar destinations. Once linked, riders would need to walk a couple of blocks to be picked up at a common location. They also would be dropped off at a site that…

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Artificial Intelligence Poses Risks of Misuse by Hackers, Researchers Say

Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns. The study, published on Wednesday by 25 technical and public policy researchers from Cambridge, Oxford and Yale universities along with privacy and military experts, sounded the alarm for the potential misuse of AI by…

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Macron’s State Reform Tsar Looks to Technology to Cut Red-Tape

France is ready to invest in artificial intelligence, blockchain and data mining to “transform” its sprawling bureaucracy instead of simply trimming budgets and jobs, its administration reform tsar said. The 39-year old former telecoms executive whom President Emmanuel Macron has charged with reforming the public sector said he believed technology would win support from government employees and in the end produce less costly public services. Macron himself is coming under…

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Officials: Aid Sector Must Innovate to Deliver Value for Money

The humanitarian sector lacks creativity and must innovate to deliver more value for the money, officials said Monday, amid fears of a funding shortfall following the Oxfam sex scandal. Aid groups must make better use of technology — from cash transfer programs to drones — to improve the delivery of services, said a panel of government officials in London. “For far too long, when faced with a challenge, we’ve looked…

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