• Regina Dugan: Companies using AI should consider worst-case scenarios

    27 days ago - By Venture Beat

    Last week at the Samsung CEO Summit held at The Masonic in San Francisco, former DARPA director and leader of secretive skunkworks divisions at Facebook and Google Regina Dugan said companies need to think about how using AI technology can go wrong in order to understand the ethical, societal, and legal implications of their work.
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  • Sears is reportedly betting on a lifeline from its controversial former CEO to keep it from liquidating in the next few weeks

    Sears is reportedly betting on a lifeline from its controversial former CEO to keep it from liquidating in the next few weeks

    27 days ago - By Business Insider

    Sears is about to find itself in a dire cash situation, according to court filings reported by Bloomberg .
    The company is relying on a $300 million bailout from former CEO Eddie Lampert. Without this, it could be forced to liquidate in as soon as two weeks from now.
    The department store has been closing stores and losing money for years. It has stayed afloat thanks to Lampert bailing it out with billions of dollars in loans through his hedge fund, ESL Investments.
    Sears' turnaround effort is looking even more difficult than expected.
    According to court filings reported by Bloomberg , the...
    Read more ...

     

  • Sears is reportedly betting on a lifeline from its controversial former CEO to keep it from liquidating in the next few weeks

    Sears is reportedly betting on a lifeline from its controversial former CEO to keep it from liquidating in the next few weeks

    27 days ago - By Business Insider

    Sears is about to find itself in a dire cash situation, according to court filings reported by Bloomberg .
    The company is relying on a $300 million bailout from former CEO Eddie Lampert. Without this, it could be forced to liquidate in as soon as two weeks from now.
    The department store has been closing stores and losing money for years. It has stayed afloat thanks to Lampert bailing it out with billions of dollars in loans through his hedge fund, ESL Investments.
    Sears' turnaround effort is looking even more difficult than expected.
    According to court filings reported by Bloomberg , the...
    Read more ...