Venezuela has been working for several years on integrating artificial intelligence into citizens’ daily lives to optimize efficiency in public services, industry, and customer service.

AI is present in government administrative processes for managing high volumes of data, optimizing decision-making and operational efficiency.

“In education, AI is used to personalize learning and assess student progress. Educational platforms integrate algorithms that adapt content to individual needs, facilitating distance learning.”

Among the challenges facing the implementation of AI in Venezuela are limitations in technological infrastructure and a lack of trained personnel, which requires greater investment in education and technology.

M.Pino

Source: notitarde

(Reference image source: Bona Lee on Unsplash)

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La entrada Venezuela incorporates artificial intelligence to optimize public services apareció primero en Bitfinance.

The reduction of jobs in technology companies continues. In this case, it is Amazon, which announced on Monday a cut of 9,000 jobs on its payroll.

According to the CEO of the company, Andy Jassy, ​​the new wave of layoffs will take effect in the coming weeks in the Amazon Web Services, People Experience and Technology (PXT), advertising and Twitch departments.

The crisis that affects technological demand has led companies to make drastic adjustments to budgets, projects, suspend launches, eliminate divisions or departments, and lay off staff.

From Amazon they argue that in view of the prevailing uncertainty in the global market, cutting jobs is the most viable and sensible with respect to the rest of the employees and costs.

M.Pino

Source: cnnespanol

(Reference image source: Bryan Angelo, Unsplash)

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La entrada Amazon announces 9,000 job cuts apareció primero en Bitfinance.

The new head of government of Hong Kong, John Lee, who took office last July, has announced the creation of a fund endowed with 30,000 million Hog ​​Kong dollars (3,880 million euros) to attract international companies, in addition to a series of measures to seduce talent from all over the world.

In this way, the authorities have decided to allocate 30,000 million Hong Kong dollars to establish a joint venture fund with the aim of attracting companies to Hong Kong to establish their operations and invest in the Chinese special administrative region.

“It will be established within this year with the task of attracting high-potential and representative strategic companies from around the world, in particular those in industries of strategic importance, such as life and health technology, artificial intelligence and data science, financial technology, and advanced manufacturing and new energy technologies,” Lee announced.

Specifically, under the supervision of the Hong Kong financial officer, it will seek to attract strategic companies, both Chinese and foreign, by offering them special facilitation measures and one-stop services.

The proposed fund will study joint ventures in individual projects of the target companies, taking into account their potential to boost the development of the industry in Hong Kong.

In addition, a Talent Service Unit will be created to formulate strategies for recruiting talents in China and abroad, as well as the establishment of dedicated teams to recruit companies and talents in mainland offices and economic and trade offices (ETO). Overseas Government to proactively reach out to targeted companies and talents and persuade them to seek development in Hong Kong.

In this regard, Hong Kong will launch a visa program for a period of up to two years for talents whose annual salary is at least 2.5 million Hong Kong dollars (323,360 euros) in the last year, as well as for graduates. in one of the 100 best universities in the world and with at least three years of work experience in the last five years, while for those who do not meet the work experience requirement there will also be facilities.

“We have to present the true image of Hong Kong to the world and promote our strengths,” Lee said, recalling that in the past two years, the local workforce has shrunk by around 140,000 people, so in addition to boosting local talent, “the Government will proactively seek talent from around the world.”

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Source: dpa

La entrada Hong Kong launches a millionaire plan to attract companies and recruit international talent apareció primero en Bitfinance.

The company behind the two consoles, Nintendo, announced its decision to close its online stores from March 2023. As of that date, users will no longer purchase games in the Nintendo eShop.

This type of activity is common in technology companies when their products have been out of the market for some time, although some analysts believe that in this case, Nintendo is taking the measure prematurely.

The company notified that as of March of next year users will not be able to buy new digital games for their consoles. However, it guaranteed that all those titles that are acquired until that date, both on Wii U and on 3DS, will continue to be available for installation, as well as “software updates and online play on Wii U and the Nintendo family of systems 3DS.”

Nintendo legends

In November 2012, the Wii U console was launched on the market but it only managed to sell about 13 million units. The Japanese firm was forced to evolve and in 2017 it placed its new Switch on the shelves, which has obtained extraordinary results, exceeding 100 million consoles sold and with a system that continues currently in force.

On the other hand, the 3DS laptop began its journey in 2011 and since then almost 76 million units have been sold. But with the arrival of the Switch, the console took a backseat.

Both, 3DS and Wii U have an extensive catalog that includes the names of some of the best video games that Nintendo has put on the market over the past decade. Those users who own them should be clear that both machines will continue to read “all the titles you buy in physical format, so you can always take advantage of the second-hand market to complete your collection.”

M. Rodríguez

Source: primicia.com.ve

La entrada Nintendo will close its online stores in 2023 apareció primero en Bitfinance.

Donald Trump, former president of the United States, announced his project to launch his own social network called Truth Social, which is available for him to reserve in the Apple application store.

The social network is scheduled to begin its beta launch for guests next November 2021, according to information provided through a press release.

In the trade they also point out that the Truth Social company will be a counterpart to other social networks that are in the market and will make it “face the tyranny of large technology companies.”

According to what was expressed in the statement by former President Trump: “We live in a world in which the Taliban have a large presence on Twitter, but their favorite American president has been silenced. This is unacceptable.”

Trump Media & Technology Group (TMTG) will be the owners of the platform and they also plan to develop a personalized video service, which will have “no-woke entertainment programs,” said company representatives in the statement.

For the first quarter of 2022, the owners of Truth Social plan to develop a network deployment throughout the United States. But at the moment they are inviting all those interested in joining the network to visit the platform’s website and sign up to be included in the guest list.

M. Rodríguez

Source: El Sumario

La entrada Donald Trump to officially launch his social network Truth Social apareció primero en Bitfinance.

SoftBank Group Corp launched its second investment fund for $ 3 billion dedicated exclusively to technology companies in the Latin American market, called SoftBank Latin America Fund II.

With this new initiative, the Japanese firm intends to make investments in emerging technologies and AI that allow to specify and reshape new industries that are focused on the areas related to digital financial services, health, education, insurance, electronic commerce, blockchain, among others.

According to the statement issued by the company, the objective is to invest in startups in all the countries of the Latin American region in their different stages, that is, from the beginning until they are operational.

According to the president of SoftBank Group Corp, Masayoshi Son: “There is so much innovation and disruption in Latin America, and I believe that business opportunities have never been so strong there. Latin America is a fundamental part of our strategy, that is why we are expanding our presence and redoubling our commitment.”

For his part, the CEO of the SoftBank Group, Marcelo Claure, highlighted that in the last two years the company far exceeded expectations. “The incredible work and vision of Latin American entrepreneurs gives us the confidence that their digital transformation will continue to accelerate; in fact, we expect 2022 to be the largest IPO year in the history of the region.“

The company launched its first investment fund in Latin America in 2019 for $ 5 billion, at a time when no major investor “was betting on startups in the region.” This fund has invested 3.5 billion dollars in 48 companies in sectors ranging from education, finance and logistics, which are currently “valued at a total of 6.9 billion dollars.”

M. Rodríguez

Source: actuality.rt.com

La entrada SoftBank launches $ 3 billion fund in Latin America apareció primero en Bitfinance.

The G7 considered as a “top priority” to reach an international agreement to stop discussions between countries on the taxation of digital giants, following the commitment set by the OECD and the G20 to reach a solution by mid-year, as reported in a statement.

The meeting held last Friday by the Ministers of Economy and Finance and the central bankers of the countries that make up the Group of Seven marks the beginning of the United Kingdom’s presidency for 2021. In addition, it was also the first meeting that has assisted Janet Yellen in her new position as Secretary of the United States Treasury.

The United Kingdom, as Chairman of the Group for this year, highlighted its commitment to the need to reach an international solution on taxation of the digital economy. The country urged the rest of nations to “work together” towards a “durable and multilateral” solution by mid-2021, the deadline agreed by the G20 and the OECD.

UK Finance Minister Rishi Sunak stressed that the British presidency’s priorities for 2021 include protecting jobs and supporting global economic recovery. During the meeting, ministers and central bankers discussed how best to respond to the different phases of the recovery, including how to support workers and businesses in the short term while ensuring long-term sustainability.

Sunak also highlighted during the meeting the “economic, sanitary and moral” imperative of achieving a “rapid and effective” distribution of vaccines throughout the world. For this reason, he has urged the G7 to take the initiative in supporting vulnerable countries during 2021.

K. Tovar

Source: Notiamerica 

La entrada G7 seeks a digital tax agreement apareció primero en Bitfinance.