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Social media used to be free. Not anymore.

Vox

Friso Gentsch/picture alliance via Getty Images You used to pay for social media with your eyeballs. If you’re not paying for the product, you are the product” has long been a common refrain about the business of social media. But now, this free model of social media — subsidized by advertising — is under pressure.

Media 100
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Microsoft reports investments in banks, funds and other programs supporting Black-owned companies

GeekWire

Microsoft reports that it has reached its goal of committing $100 million to mission-driven banks, which provide capital to diverse communities. Other tech giants including Apple have rolled out racial equity programs or pledged funding to various groups.

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How Serious Is The Lack Of Machine Learning Talent?

The Accidental Successful CIO

However, at banks, insurers and other financial companies their use of artificial intelligence is being especially hampered by a scarcity of data and talent. The banking and financial services sector have been showing a steady increase in demand across the board for AI-enhanced robotic process automation tools.

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Apple is on the verge of a major blow from China

Dataconomy

A major shift is rippling through China’s tech scene, with Apple caught in the crosshairs. Banks, for instance, were nudged towards locally developed software. Apple’s strong encryption, which hinders government data access, is a potential factor. The impact on Apple could be significant.

Apple 41
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Technology News and Hot Topics

CTOvision

Last week technology news site Re:Code announced that it would stop hosting comments on its own sites as the conversation around stories was already happening on social media. How Apple Forces New Technology to Improve the Future. Rush-hour traffic forces banks to embrace technology.

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Photograph Leak Demonstrates Importance of Good Hygiene

CTOvision

Several news sources have reported that the photos were stolen from iCloud, Apple’s cloud service for storing media and documents. Although iCloud has been blamed for that attack on Twitter, Apple has since released a public statement denying responsibility for the breach. The scandal reflects several technology trends.

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CIOs Struggle To Find The Machine Learning Employees That They Need

The Accidental Successful CIO

People with the CIO job at banks, insurers and other financial companies say efforts to expand their use of artificial intelligence are being hampered by a scarcity of both data and employees with the skills that are needed. Banks and financial institutions understand that they need more AI workers. In the U.S.,