Goldman Sachs should pull Apple Card algorithm if it can’t explain it: Democratic presidential candidate Elizabeth Warren

Following a series of tweets by David Heinemeier Hansson wherein he criticized Apple Card’s algorithm, saying it gave him 20 times the credit limit compared to the one his wife received, U.S. Senator Elizabeth Warren questioned Goldman Sachs’s response to the allegations of bias in how the bank evaluates applicants for Apple Inc’s credit card.…

Does “Amazon’s Choice” badge deceive consumers: U.S. Senators

Amazon is being pressured into being more transparent with its system of awarding the “Amazon’s Choice” badge onto certain products. In a development pregnant with multiple outcomes the sum of which may not favor Amazon.com Inc, two U.S. senators have questioned Amazon.com Inc’s Chief Executive Jeff Bezos on how it awards the “Amazon’s Choice” badge…

Samsung forays into autonomous self-driving vehicles; gets permit to test its car in California

Samsung is part of a huge conglomerate that manufactures a wide range of products starting from car audio, connected-car technologies, washing machines, smartphones, to heavy machinery. On Thursday, in a significant development, Samsung Electronics Co Ltd disclosed that it has received a permit to test self-driving vehicles in California. The news marks the entry of…

Major U.S. tech companies press Congress for increased transparency in internet surveillance programs

A bipartisan group is in the process of drafting legislation which is expected to address some, if not all, of the concerns raised in the said letter. More than two dozen U.S. tech companies in the U.S., including Amazon and Facebook has urged the U.S. Congress to make broad changes to laws that govern internet…

Google offers machine-learning coders a chance to grab $30,000 in cash money and more

Google is looking for coders who can design machine learning algorithms for tagging 700,000 audio video files in its YouTibe-8M dataset. Machine learning coding teams are welcome to join the competition. Although most of us may not have heard of YouTube-8M, for those of you who are into machine learning, YouTube-8M is a big deal,…

Researchers develop adaptive algorithm for hybrid plug-in cars

Researchers from University of California, Riverside have developed natural-life algorithms for hybrid cars that have boosted fuel economy by 30%. Hybrid vehicles have got a new shot in the arm: researchers have concluded that plug-in hybrid cars could be made a lot more efficient in their fuel usage. It turns out that while starting in…