It’s a bird! It’s a plane! It’s Microsoft using artificial intelligence to teach a machine to stay aloft – GeekWire

Microsofts autonomous glider soars through the air above Hawthorne, Nev. Once airborne, the glider uses artificial intelligence to find and rely on thermals, or columns of air that rise due to heat, to stay aloft. (Microsoft Photo / John Brecher)

Paying attention to the rise of the machines increasingly means scanning the skies for things other than conventional aircraft or birds. But what if the line between the two begins to blur and autonomous planes can somehow be taught to mimic nature?

Thats the hope of researchers from Microsoft who are using artificial intelligence to keep a sailplane aloft without the help of a motor. A new report on the Redmond, Wash.-based tech giants website details the efforts of scientists launching test flights in a Nevada desert.

The researchers have found that through a complex set of AI algorithms, they can get their 16 1/2-foot, 12 1/2-pound aircraft to soar much like a hawk would, byidentifying things like air temperature and wind direction to locatethermals invisible columns of air that rise due to heat.

Birds do this seamlessly, and all theyre doing is harnessing nature. And they do it with a peanut-sized brain, Ashish Kapoor, a principal researcher at Microsoft, said in the report.

Kapoor said its probably one of the few AI systems operating in the real world thats not only making predictions but also taking action based on those predictions. He said the planes could eventually be used for such things as monitoring crops in rural areas or providing mobile Internet service in hard-to-reach places.

Beyond those practical tasks,Andrey Kolobov, the Microsoft researcher in charge of the projects research and engineering efforts, said the sailplane is charting a course for how intelligent learning itself will evolve over the coming years, calling the project a testbed for intelligent technologies. Its becoming increasingly important for systems of all kinds to make complex decisions based on a number of variables without making costly or dangerous mistakes.

Read more about what Microsoft is learning this summer in the desert via the story from the companys News Center.

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It's a bird! It's a plane! It's Microsoft using artificial intelligence to teach a machine to stay aloft - GeekWire

How Artificial Intelligence is reshaping art and music – The Hindu

In the mid-1990s, Douglas Eck worked as a database programmer in Albuquerque, New Mexico, while moonlighting as a musician. After a day spent writing computer code inside a lab run by the Department of Energy, he would take the stage at a local juke joint, playing what he calls punk-influenced bluegrass Johnny Rotten crossed with Johnny Cash. But what he really wanted to do was combine his days and nights, and build machines that could make their own songs. My only goal in life was to mix AI and music, Mr. Eck said.

It was a naive ambition. Enrolling as a graduate student at Indiana University, in Bloomington, not far from where he grew up, he pitched the idea to Douglas Hofstadter, the cognitive scientist who wrote the Pulitzer Prize-winning book on minds and machines, Gdel, Escher, Bach: An Eternal Golden Braid . Mr. Hofstadter turned him down, adamant that even the latest artificial intelligence techniques were much too primitive.

But during the next two decades, working on the fringe of academia, Mr. Eck kept chasing the idea, and eventually, the AI caught up with his ambition.

Last spring, a few years after taking a research job at Google, Mr. Eck pitched the same idea he pitched to Mr. Hofstadter all those years ago. The result is Project Magenta, a team of Google researchers who are teaching machines to create not only their own music but also to make so many other forms of art, including sketches, videos and jokes.

With its empire of smartphones, apps and internet services, Google is in the business of communication, and Mr. Eck sees Magenta as a natural extension of this work. Its about creating new ways for people to communicate, he said during a recent interview inside the small two-story building here that serves as headquarters for Google AI research.

Growing effort

The project is part of a growing effort to generate art through a set of AI techniques that have only recently come of age. Called deep neural networks, these complex mathematical systems allow machines to learn specific behaviour by analysing vast amounts of data.

By looking for common patterns in millions of bicycle photos, for instance, a neural network can learn to recognise a bike. This is how Facebook identifies faces in online photos, how Android phones recognise commands spoken into phones, and how Microsoft Skype translates one language into another. But these complex systems can also create art. By analysing a set of songs, for instance, they can learn to build similar sounds.

As Mr. Eck says, these systems are at least approaching the point still many, many years away when a machine can instantly build a new Beatles song or perhaps trillions of new Beatles songs, each sounding a lot like the music the Beatles themselves recorded, but also a little different.

Tools for artists

But that end game is not what he is after. There are so many other paths to explore beyond mere mimicry. The ultimate idea is not to replace artists but to give them tools that allow them to create in entirely new ways.

In the 1990s, at that juke joint in New Mexico, Mr. Eck combined Johnny Rotten and Johnny Cash. Now, he is building a software that does much the same thing. Using neural networks, he and his team are cross-breeding sounds from very different instruments say, a bassoon and a clavichord creating instruments capable of producing sounds no one has ever heard.

Much as a neural network can learn to identify a cat by analysing hundreds of cat photos, it can learn the musical characteristics of a bassoon by analysing hundreds of notes. It creates a mathematical representation, or vector, that identifies a bassoon. So, Mr. Eck and his team have fed notes from hundreds of instruments into a neural network, building a vector for each one.

Now, simply by moving a button across a screen, they can combine these vectors to create new instruments. One may be 47% bassoon and 53% clavichord. Another might switch the percentages. And so on.

For centuries, orchestral conductors have layered sounds from instruments atop one other. But this is different. Rather than layering sounds, Mr. Eck and his team combine them to form something that did not exist before, creating new ways that artists can work.NYT

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How Artificial Intelligence is reshaping art and music - The Hindu

The artificial Intelligence wave is upon us. We better be prepared – Hindustan Times

The AI (artificial intelligence) revolution is well and truly upon us, and we are at a significant watershed moment in our lives where AI could become the new electricity pervasive and touching every aspect of our life. While many industries including healthcare, education, retail and banks have already started adopting AI in key business aspects, there are also new business models which are predicated on AI.

With the global market of AI expected to grow at 36% annually, reaching a valuation of $3 trillion by 2025 from $126 bn in 2015, new age disruption is not only redefining the way traditional businesses are run, but is also unfolding as a new factor of production.

However, the fear of what might happen once AI evolves into artificial general intelligence which can perform any intellectual task that a human can do has now taken centre stage with the ongoing debate between two tech titans Elon Musk and Mark Zuckerberg. Similarly, Microsoft co-founder Bill Gates had also voiced his views that in a few years, AI would have evolved enough to warrant wide attention, while Facebook has ended up shutting down one of its AI projects as chatbots had developed their own language (unintelligible to humans) to communicate.

Beyond this, the common citizen wants to know if she should be worried about AI taking away her job? This calls for broader thinking, including the evolution of industry protocols, while making sure that the public is ready for these futuristic advancements.

Will AI move my cheese?

The emergence of AI has seen criticism because of the probability that it could replace human jobs by automation. However, as we see the shift of AI from R&D stage to various real-life business prototypes, it seems evident that goal of most AI applications is to augment human abilities through hybrid business models.

According to McKinsey, AI would raise global labour productivity by 0.8% to 1.4% a year between now and 2065. I believe that both policy makers and corporates must recognise AIs potential to empower the workforce and invest in creating training programmes/workshops to help the labour force adapt to these newer models.

For instance, Ocado, the UK online supermarket has embedded robotics at the core of warehouse management. Robots steer thousands of product-filled bins to human packers just in time to fill shopping bags which are then sent to delivery vans whose drivers use AI applications to pick the best route based on traffic conditions and weather.

Technology will create more new jobs than it eliminates

We must learn from the history of the industrial and technological revolutions over the last 500 years that jobs eliminated in one sector have been replaced by newer jobs requiring refreshed skill-sets. As a corollary, countries such as Japan, Korea or Germany, which have the highest levels of automation, should have seen large scale unemployment over the past 4-5 decades. This is not necessarily the case.

Having said that, in the near future, every routine operational task is certainly likely to become digitised and AI could be running the back-office of most businesses. Over the next few decades, many middle skill jobs are also likely to be eliminated. However, AI is unlikely to replace jobs which require human to human interaction. Consequently, fundamental human thinking skills such as entrepreneurship, strategic thinking, social leadership, connected salesmanship, philosophy, and empathy, among others, would be in even greater demand.

Further, till a point of singularity is reached, AI will not be able to service or program on its own leading to new, high-skilled jobs for technicians and computing experts.

Lets be prepared

Globally, policymakers and corporations will need to significantly revamp the education system to address technology gaps.

In India, this represents an enormous opportunity for policymakers to make better informed decisions, tackle some of the toughest socio-economic challenges, and address the woeful shortage of qualified doctors, teachers etc.

We need to immediately plan for state and nation-wide university hubs, and MOOCs (massive open online courses) built on the framework of DICE (design, innovation, creativity led entrepreneurship). Curricula should be focussed on developing basic skills in STEM (science, technology , engineering and mathematics) fields, coupled with a new emphasis on creativity, critical and strategic thinking. Adaptive and individualised learning systems need to be established to help students at different levels work collaboratively amongst themselves as well as with AI in the classroom.

The National Skills Development Corporation will need to evolve into National Future Skills Development, as we as a civil society prepare to bring the future into the present!

Rana Kapoor is MD and CEO, YES Bank; and Chairman, YES Global Institute

The views expressed are personal

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The artificial Intelligence wave is upon us. We better be prepared - Hindustan Times

Artificial intelligence market: Weighing the IT channel’s role – TechTarget

Like mobile technology, cloud computing, big data and IoT before it, artificial intelligence may just be the next big thing that channel partners should have on their radars. But as with any new technology that comes along, partners need to ensure they have the right business skill sets for system implementations.

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The hype about AI is rising, although the jury is still out on whether the artificial intelligence market will be a great opportunity for the channel, said Seth Robinson, senior director of technology analysis at CompTIA.

"AI is not going to be on its own something that is all that tangible that you can grasp and pursue," he said.

A sure sign of the growing interest is recent vendor product releases, noted Steve White, program vice president of channels and alliances at IDC. "When we spoke to channel and alliance folks 18 months ago, it was IoT, and now it's AI. It's the new golden child," he said.

Once vendors like Microsoft, Google, Salesforce and Cisco have announced offerings it creates greater access and interest for the technology, "and they're not investing unless they see opportunity," White said. "That's definitely why the channel should be interested."

Another appeal of the artificial intelligence market is that the technology is applicable for use in most industries, observers said.

That said, AI is still "very early in overall adoption cycle" and people are mainly curious about the technology and are in the exploratory phase right now, Robinson said.

He believes AI platforms will be complicated and there needs to be a deeper conversation with customers about the business needs for deploying the technology. That conversation should be about what AI is and how it fits into their business, Robinson said. "We haven't seen much readiness to move into that strategic conversation yet."

Without a clear understanding of the business objectives, companies may not utilize the technology's features, such as machine learning and cognitive computing, and then they obviously won't reap the benefits, he said. For example, if a company spends extra on help desk software with AI baked in but uses it in a standard way without utilizing AI, "you haven't moved the needle," he cautioned. "So, channel firms have to be careful about overselling without helping companies transition to new processes and workflows and the best usage of these things that are available today."

Probably the best and earliest example of AI in the enterprise is IBM's Watson technology, Robinson said. Within the channel, he said, there has been a lot of buzz about CrushBank, a spinoff of a managed service provider (MSP) that built an IT help desk application on top of Watson. "They're building a help desk application that utilizes Watson, so if you want to get CrushBank's product or are working with them, you'll get this new app with AI baked into it," he said. This is not an example of reselling or installing AI, but rather, incorporating the technology into apps, "which a lot of MSPs and VARs [value-added reseller] aren't thinking about,'' Robinson said.

In CrushBank's case, they are helping customers change workflow processes to utilize help desk features in a more efficient way, he said. "And that gets out of the wheelhouse of channel firms," since the channel historically has been built on management of technology, Robinson added.

"AI is a very natural way to supplement the tasks and work we do every day to support our clients," CrushBank co-founder and CTO David Tan said."I think the need has been there, but the growth in technology and platforms has made it more pronounced, and the technology to power the solutions is finally becoming mature."

CrushBank sells its platform to other MSPs, Tan said. The next step the channel needs to focus on is to really integrate technology into a business, which is at the core of what digital transformation is all about, he said. AI, according to Tan, can be particularly effective at making that happen.

Another example of a company using AI to change business processes is Actionable Science. The company has created AI-powered bots to help medium- and large-sized businesses improve productivity, enhance customer experiences, increase employee satisfaction and reduce costs, said Manish Sharma, co-founder and head of business development.

The bots address a range of tasks for sales, servicing, IT help desk, HR help desk and other functions. Actionable Science's advanced bots have natural language conversations, evolve using machine learning and execute tasks by leveraging robotic process automation, Sharma said.

The company has about a dozen partners so far, he said, adding that the artificial intelligence market "has got to be one of the top priorities for channel partners that want to stay relevant and grow their business in the future." They can do that by developing "an expertise in one or several specific applications," Sharma said.

The skills he believes a partner needs for AI work include a combination of process analytics, user experience and "requirements management that is very specific to AI."

This [technology] is going to be a lot more consulting-heavy, so you have to have those professional consulting folks with a depth of knowledge around [AI]. Steve Whiteprogram vice president of channels and alliances, IDC

White concurred that if a partner is already doing work in business intelligence or analytics, AI "would seem like a fairly obvious add-on that they should be looking at" because it takes the products they're offering to their customers to the next level.

"At the end of the day, AI is even smarter to leverage that platform you've already built,'' and expand upon it as an opportunity for growth, White said.

Partners also need to be able to build a consulting practice around AI, White believes. "This [technology] is going to be a lot more consulting-heavy, so you have to have those professional consulting folks with a depth of knowledge around [AI]. Like most tech trends, we see the partners who act quicker, funnily enough, are the ones who are more successful."

Learn about robotic process automation

How to get started in IoT managed services

Opinion: Why BI and AI are a natural fit

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Artificial intelligence market: Weighing the IT channel's role - TechTarget

Elon Musk Is Wrong Again. AI Isn’t More Dangerous Than North Korea. – Fortune

Elon Musk's recent remark on Twitter that artificial intelligence (AI) is more dangerous than North Korea is based on his bedrock belief in the power of thought. But this philosophy has a dark side.

If you believe that a good idea can take over the world and if you conjecture that computers can or will have ideas, then you have to consider the possibility that computers may one day take over the world. This logic has taken root in Musk's mind and, as someone who turns ideas into action for a living, he wants to make sure you get on board too. But hes wrong, and you shouldnt believe his apocalyptic warnings.

Here's the story Musk wants you to know but hasn't been able to boil down to a single tweet. By dint of clever ideas, hard work, and significant investment, computers are getting faster and more capable. In the last few years, some famously hard computational problems have been mastered, including identifying objects in images, recognizing the words that people say, and outsmarting human champions in games like Go. If machine learning researchers can create programs that can replace captioners, transcriptionists, and board game masters, maybe it won't be long before they can replace themselves. And, once computer programs are in the business of redesigning themselves, each time they make themselves better, they make themselves better at making themselves better.

The resulting intelligence explosion would leave computers in a position of power, where they, not humans, control our future. Their objectives, even if benign when the machines were young, could be threatening to our very existence in the hands of an intellect dwarfing our own. That's why Musk thinks this issue is so much bigger than war with North Korea. The loss of a handful of major cities wouldn't be permanent, whereas human extinction by a system seeking to improve its own capabilities by turning us into computational components in its mega-brainthat would be forever.

Musks comparison, however, grossly overestimates the likelihood of an intelligence explosion. His primary mistake is in extrapolating from recent successes of machine learning the eventual development of general intelligence. But machine learning is not as dangerous as it might look on the surface.

For example, you may see a machine perform a task that appears to be superhuman and immediately be impressed. When people learn to understand speech or play games, they do so in the context of the full range of human experiences. Thus when you see something that can respond to questions or beat you soundly in a board game, it is not unreasonable to infer that it also possesses a range of other human capacities. But that's not how these systems work.

In a nutshell, here's the methodology that has been successful for building advanced systems of late: First, people decide what problem they want to solve and they express it in the form of a piece of code called an objective functiona way for the system to score itself on the task. They then assemble perhaps millions of examples of precisely the kind of behavior they want their system to exhibit. After that they design the structure of their AI system and tune it to maximize the objective function through a combination of human insight and powerful optimization algorithms.

At the end of this process, they get a system that, often, can exhibit superhuman performance. But the performance is on the particular task that was selected at the beginning. If you want the system to do something else, you probably will need to start the whole process over from scratch. Moreover, the game of life does not have a clear objective functioncurrent methodologies are not suited to creating a broadly intelligent machine.

Someday we may inhabit a world with intelligent machines. But we will develop together and will have a billion decisions to make that shape how that world develops. We shouldn't let our fears prevent us from moving forward technologically.

Michael L. Littman is a professor of computer science at Brown University and co-director of Brown's Humanity Centered Robotics Initiative.

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Elon Musk Is Wrong Again. AI Isn't More Dangerous Than North Korea. - Fortune

Messenger Launches New Artificial Intelligence Features – Huffington Post Australia

Messenging app 'Messenger' launched a range of new artificial intelligence (AI) features in Australia on Wednesday.

The AI, called 'M', works almost like a prompting service, where it recognises words and phrases used in a conversation and then suggests relevant content and actions based on the chat between the two users.

For example, if you're speaking to someone on their birthday, 'M' will recognise either through a phrase used or their Messenger profile when their birthday is and then prompt you to send a birthday message.

Similarly, if you are chatting about making plans or struggling to come to a group decision about something, the AI will suggest you make a plan or start a group poll respectively. If you are chatting in a one-on-one conversation, and one person rises the idea of making a call, 'M' will prompt you to start a video or voice chat.

Other features include stickers for commonly used phrases including 'thankyou' or 'bye-bye' and a prompt to share your location with someone if phrases like 'where are you?' and 'see you soon' are used. Messenger also launched a content saving option that encourages you to save videos, Facebook posts and pages from your conversations to look at later.

If you tire of the notifications and suggestions from Messenger, it's easy to opt-out of the AI technology by adjusting your Messenger settings. It's also possible to dismiss a suggestion made by 'M' if you feel it is irrelevant.

The 'M' artificial intelligence technology was first launched in the U.S. in April and is also currently available in Mexico and Spain. Canada, South Africa and the U.K. will gain assess to the technology at the same time as all of us here in Australia.

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Messenger Launches New Artificial Intelligence Features - Huffington Post Australia

MIT’s new artificial intelligence could kill buffering – Alphr

For some, the sight of the buffer circle is enough to bring on spasms of existential angst. When that spinning circle of death appears, the digital world cracks, its illusory sense of control slips from your sweaty palm, and you are reminded, however briefly, that you are not the master of this realm, and you have no real idea how the machine you are using works. Its also very annoying if youre trying to show a video to someone.

Researchers at MIT may have come up with a way to stave of techno-existential panic for good, thanks to a new artificial intelligence system that can keep video steaming buttery smooth.

Buffering happens because video streaming occurs in chunks, with your device downloading sequential portions of a file that are then stitched together. This means you can start watching the video before downloading the entire thing, but if connection wavers you might finish one chunk before the next has been fully downloaded.

Sites like YouTube use Adaptive Bitrate (ABR) algorithms to work out what resolution a video should display at. In a nutshell, these allow the system to maintain the flow of images be measuring a networks speed and lowering the resolution appropriately, or by working to maintain a sufficient buffer at the tip of the video. The issue is that neither of these techniques on their own can prevent annoying pauses in a clips if the network has a sudden drop in traffic flow say, if youre in a particularly crowded area, or if youre moving in and out of tunnels.

MIT's Computer Science and Artificial Intelligence Lab (CSAIL) AI, dubbed Pensive, takes these algorithms, but uses a neural network to intelligently work out when a system should flip between one and the other. The AI was trained on a months worth of video content, and was given reward and penalty conditions, to push it to calculate the most effective times to switch between ABR algorithms.

This system is adjustable, meaning it can be tweaked depending on what a content provider might want to prioritise such as consistent image quality or smoother playback. "Our system is flexible for whatever you want to optimise it for," commented MIT professor Mohammad Alizadeh in a statement. "You could even imagine a user personalising their own streaming experience based on whether they want to prioritise rebuffering versus resolution."

While the death of the buffer symbol might be cause for celebration, the researchers also point to the benefits the AI system could have for virtual reality potentially making it much easier for people to stream high-resolution VR games and films. This is really just the first step in seeing what we can do, noted Alizadeh.

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MIT's new artificial intelligence could kill buffering - Alphr

Bucks event to connect students with Wisconsin’s aerospace industry – BizTimes.com (Milwaukee)

The Milwaukee Bucks will host an event this fall aimed at connecting students with Wisconsins aerospace industry.

More than 150 high school and college students from 28 schools will convene at the BMO Harris Bradley Center for the first-ever Aerospace Jam, where they will be able to engage with companies in Wisconsins aerospace industry.

The Bucks are partnering with the Wisconsin Economic Development Corporation, Wisconsin Aerospace Partners, Greater Oshkosh Economic Development Corporation and the NASA Wisconsin Space Grant Consortium on the half-day event. It will be held before a Bucks game in October or November. The date and time are expected to be announced soon.

Wisconsin companies that serve the aerospace industry and representatives of state colleges and universities will be on hand to talk to students about career opportunities in the industry.

Wisconsins aviation and aerospace industry employs more than 24,000 people and generates nearly $7 billion in annual economic activity, according to a news release. The state is home to more than 300 companies with ties to the aerospace sector, including more than 140 suppliers to Boeing.

The event will give high school students the opportunity to research colleges that offer degrees in STEM-related disciplines and college students the opportunity to interact with representatives from companies in the aerospace industry.

Wisconsin is positioned to support the success of aerospace-based companies and the next generation of young people who want to pursue careers in STEM-related fields, said Lt. Gov. Rebecca Kleefisch, who is vice chair of the Aerospace States Association, an organization of lieutenant governors and delegates dedicated to advancing the economic interests in the aerospace industry. Wisconsin has over 300 companies active in this industry, and a new partnership that connects them to one another and our universities. Now we need a talent pipeline that keeps pace with this growth, and these students will be the dreamers and doers who make the machines that carry us to the skies.

The Wisconsin Aerospace Partners, an Oshkosh-based organization, is aimed at growing the economic vitality of the states aerospace industry.

The Aerospace Jam is an excellent opportunity for Wisconsin aerospace manufacturers and suppliers to proactively connect with the best and brightest students in the state, said Meredith Jaeger, co-founder of AeroInnovate, an aerospace networking and consulting organization that conceived the Wisconsin Aerospace Partners program. This event is a proactive approach to addressing one of the greatest need gaps our aerospace companies in Wisconsin are facing today: finding qualified talent.

The NASA Wisconsin Space Grant Consortium, based at Carthage College in Kenosha, is a part of the national network of Space Grant Consortia funded by NASAs National Space Grant College and Fellowship Program.Kevin Crosby, director of the Wisconsin Space Grant Consortium, said the event will help grow an awareness of the in-state opportunities available to graduates with STEM degrees.

This exciting event will demonstrate to our top students that they can pursue a career in aerospace without having to leave the state after finishing school, Crosby said.

The Milwaukee Bucks will host an event this fall aimed at connecting students with Wisconsins aerospace industry.

More than 150 high school and college students from 28 schools will convene at the BMO Harris Bradley Center for the first-ever Aerospace Jam, where they will be able to engage with companies in Wisconsins aerospace industry.

The Bucks are partnering with the Wisconsin Economic Development Corporation, Wisconsin Aerospace Partners, Greater Oshkosh Economic Development Corporation and the NASA Wisconsin Space Grant Consortium on the half-day event. It will be held before a Bucks game in October or November. The date and time are expected to be announced soon.

Wisconsin companies that serve the aerospace industry and representatives of state colleges and universities will be on hand to talk to students about career opportunities in the industry.

Wisconsins aviation and aerospace industry employs more than 24,000 people and generates nearly $7 billion in annual economic activity, according to a news release. The state is home to more than 300 companies with ties to the aerospace sector, including more than 140 suppliers to Boeing.

The event will give high school students the opportunity to research colleges that offer degrees in STEM-related disciplines and college students the opportunity to interact with representatives from companies in the aerospace industry.

Wisconsin is positioned to support the success of aerospace-based companies and the next generation of young people who want to pursue careers in STEM-related fields, said Lt. Gov. Rebecca Kleefisch, who is vice chair of the Aerospace States Association, an organization of lieutenant governors and delegates dedicated to advancing the economic interests in the aerospace industry. Wisconsin has over 300 companies active in this industry, and a new partnership that connects them to one another and our universities. Now we need a talent pipeline that keeps pace with this growth, and these students will be the dreamers and doers who make the machines that carry us to the skies.

The Wisconsin Aerospace Partners, an Oshkosh-based organization, is aimed at growing the economic vitality of the states aerospace industry.

The Aerospace Jam is an excellent opportunity for Wisconsin aerospace manufacturers and suppliers to proactively connect with the best and brightest students in the state, said Meredith Jaeger, co-founder of AeroInnovate, an aerospace networking and consulting organization that conceived the Wisconsin Aerospace Partners program. This event is a proactive approach to addressing one of the greatest need gaps our aerospace companies in Wisconsin are facing today: finding qualified talent.

The NASA Wisconsin Space Grant Consortium, based at Carthage College in Kenosha, is a part of the national network of Space Grant Consortia funded by NASAs National Space Grant College and Fellowship Program.Kevin Crosby, director of the Wisconsin Space Grant Consortium, said the event will help grow an awareness of the in-state opportunities available to graduates with STEM degrees.

This exciting event will demonstrate to our top students that they can pursue a career in aerospace without having to leave the state after finishing school, Crosby said.

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Bucks event to connect students with Wisconsin's aerospace industry - BizTimes.com (Milwaukee)

See where Florida ranks on PwC’s aerospace list – Tampa Bay Business Journal


Tampa Bay Business Journal
See where Florida ranks on PwC's aerospace list
Tampa Bay Business Journal
The United States was ranked first in the world in PricewaterhouseCoopers' 2017 Aerospace Manufacturing Attractiveness Rankings, and Florida was No. 6 among the best states for the aerospace and defense industry manufacturing. While Florida fell four ...
Georgia Best State For Aerospace ManufacturingAviation Week
How New York stacks up when it comes to aerospace manufacturingAlbany Business Review
Texas among 10 best states for aerospace manufacturing attractivenessChron.com

all 5 news articles »

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See where Florida ranks on PwC's aerospace list - Tampa Bay Business Journal

US Aerospace and Defense ETF (ITA) Hits New 52-Week High – Investorplace.com

Investors seeking momentum may have iShares U.S. Aerospace & Defense ETF(BATS:ITA)on radar now. The fund recently hit a new 52-week high. Shares of ITA are up approximately 34.9% from the 52-week low of $142.7/share.

But could there be more gains ahead for this ETF? Lets take a look at the fund and the near-term outlook to get a better idea of where it might be headed.

ITA focuses on providing exposure to the Aerospace and Defense companies in the U.S. equity market. It charges 44 basis points in fees per year and has top holdings in Boeing Co(NYSE:BA), United Technologies Corp(NYSE:UTX)and Lockheed Martin Corporation(NYSE:LMT)with 10.98%, 7.83% and 7.81% allocation, respectively (as of August 14, 2017).

Why the Move?

Lately, the defense sector has been in the spotlight. Following threats from the North Korean premier Kim Jong-Un, President Donald Trump pledged that the threats will be met with fire and fury. Increasing tensions between the two regions have brought these sector ETFs into play again. Moreover, the earnings season has also been quite impressive for companies in this sector.

More Gains Ahead?

Currently, ITA has a Zacks ETF Rank #1 (Strong Buy) with a Medium Risk outlook. Moreover, the ETF has a weighted alpha of 29.10. So, there is a promising outlook ahead for those who want to ride this surging ETF a shade further.

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Zacks free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>

Article printed from InvestorPlace Media, http://investorplace.com/2017/08/us-aerospace-defense-etf-ita-hits-new-52-week-high-ggsyn/.

2017 InvestorPlace Media, LLC

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US Aerospace and Defense ETF (ITA) Hits New 52-Week High - Investorplace.com

Bitcoin Prices Have Entered the Blow-Off Stage

Bitcoin: The Blow-Off Stage Is Now Upon Us
Cryptocurrencies are the latest rage, and nothing quite grabs headlines like Bitcoin and Bitcoin prices. This past weekend, the Bitcoin price crossed the $4,000 threshold, and for someone like myself who expresses his opinions on investment products, this feat marked quite a significant accomplishment.

In a January 5, 2017 article titled "The Bitcoin Price Bubble Is Far from Over," I expressed my opinions on Bitcoin and Bitcoin prices. My opinion is a tad bit conflicted because on one hand, I believed that Bitcoin in its current form is.

The post Bitcoin Prices Have Entered the Blow-Off Stage appeared first on Profit Confidential.

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Bitcoin Prices Have Entered the Blow-Off Stage

Kershaw talks healthy lifestyle at PLAY event – MLB.com

"It's important that you're able to implement these tips for a healthy lifestyle at a young age so you have them at your disposal for the rest of your life," Kershaw said while addressing the group before diving into a question-and-answer session. "There are a lot of harmful substances out there, and it's crucial to be able to distance yourself from that stuff."

Kershaw's presence brought ear-to-ear smiles to kids after they had already been taken through a circuit that included agility drills on the field and batting practice in the Dodgers' underground cages.

Dodgers head athletic trainer Neil Rampe also led a discussion promoting an active lifestyle in the team's bullpen in left field.

"It's important to get in good habits," Rampe said. "We want the kids to have a say in how they live a healthy lifestyle, whether that's helping their parents out at the grocery store or just making more time for physical activities."

Several of the PLAY campaign's partners, including the Taylor Hooton Foundation and the Henry Schein Cares Foundation, were also present to help run circuits.

The PLAY campaign became the first professional sports program to include children with disabilities in 2014, and a group of children represented by the National Down Syndrome Society were in attendance Saturday.

"It makes me feel really excited when you get to see these kids interact with their favorite players and get to come onto the field," said Ruben Nieto, whose 12-year-old son, Adam, was one of the children who attended with the NDSS.

Adam and a few other kids had the chance to take a picture with Kershaw before he departed. The three-time National League Cy Young Award winner then wrapped Adam in a hug, leading the lifelong Dodgers fan to break out into celebration.

"I've learned so much from [my son]," Nieto said. "He's changed my life forever. It's amazing to be able to see how he views the world through his eyes."

The PLAY campaign was created in 2004 by the Professional Baseball Athletic Trainers Society. It has hosted over 300 events, spanning all 30 Major League ballparks.

Dodgers assistant athletic trainers Nate Lucero and Thomas Albert and strength and conditioning coach Brandon McDaniel helped lead agility drills and throw batting practice. Justin Matlage, representing the Henry Schein Cares Foundation, led a discussion in the Dodgers' dugout on a daily guide to living healthy.

The day began with a message on the dangers of performance-enhancing drugs from Taylor Hooton Foundation president Donald Hooton Jr.

"It's important for them to hear our message because anyone can be tempted to use these drugs," Hooton Jr. said. "To be able to combine that message with coming out here and being on the field, it's perfect."

Ryan Posner is a contributor to MLB.com based in Los Angeles. This story was not subject to the approval of Major League Baseball or its clubs.

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Kershaw talks healthy lifestyle at PLAY event - MLB.com

North Korea set to launch ‘FINAL ATTACK’ – WW3 fears grow as Pyongyang ESCALATES rhetoric – Express.co.uk

State media also declared that the North Korean army is not afraid to back down from nuclear war should tensions bubble over, stating that Pyongyang is capable of fighting any war the US wants.

The editorial added the US now finds itself in an ever worsening dilemma, being thrown into the grip of extreme security unrest by the DPRK. This is tragicomedy of its own making.

It continues: If the Trump administration does not want the American empire to meet its tragic doom in its tenure, they had better talk and act properly."

It comes after Trumps most recent comments, with the President claiming the US is locked and loaded and ready to deal with the threat posed by the hermit kingdom.

GETTY/REUTERS

GETTY

He said military solutions were in place to take out the rogue state, as the North Korean crisis continues to escalate.

He urged Kim not to act "unwisely" and to choose "another path".

Meanwhile North Koreas propaganda mouthpiece has declared it already has more than 3.5 million people had signed up to fight.

Eric lafforgue/Exclusivepix medi

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The Pyongyang subway The best place to escape american fire and fury

The propaganda rag claimed these millions were volunteers and included students and former soldiers - although the truth is likely to be far more grim.

The piece said: "All the people are rising up across the country to retaliate against the US thousands of times. In North Hwanghae Province, 89,000 young men pleaded to enlist or reenlist on August 9 alone.

GETTY

In Daedong County of South Pyongan Province, more than 20,000 students, party members and labourers filed enlistment or reenlistment requests.

And Japan has moved missiles and defence systems to its major cities in preparation for a missile attack.

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North Korea set to launch 'FINAL ATTACK' - WW3 fears grow as Pyongyang ESCALATES rhetoric - Express.co.uk

Posted in Ww3

North Korea sends ‘coded message to Donald Trump’ as WW3 threat looms – Daily Star

NORTH Korea has sent a coded message to Donald Trump as the world braces itself for nuclear war, an expert has claimed.

The regime led by Kim Jong-un seemingly backed down from its threat to nuke the US overseas territory of Guam overnight.

In a statement, Pyongyang said it planned on watching the foolish and stupid conduct of the Yankees before committing to a strike.

North Korean officials announced: The US Imperialists caught the noose around their necks due to their reckless military confrontation racket... (but) he would watch a little more the foolish and stupid conduct of the Yankees spending a hard time of every minute of their miserable lot.

GETTY

Since 2008, photographer Eric Lafforgue ventured to North Korea six times. Thanks to digital memory cards, he was able to save photos that was forbidden to take inside the segregated state

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Taking pictures in the DMZ is easy, but if you come too close to the soldiers, they stop you

The unknown factor in this is not Kim, its Trump

But an expert has claimed there may be a hidden message in the statement.

Dr Genevieve Hhnen, of Edith Cowen University, said this should be taken to mean Kim Jong-un is actually offering an olive branch to Trump.

This isnt the kind of statement that would be interpreted as aggressive -- despite all the aggressive rhetoric, Edith Cowan Universitys Dr Genevieve Hohnen said. The fact Kim Jong-un says he will respond only if the US does not de-escalate the situation is significant, she told news.com.au.

The Western Sea Barrage in the coastal town of Nampo is a stopping-off point for tourists. The beach is a destination for work groups from the neighbouring area

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Beach-goers dancing at the West Sea Barrage beach outside the coastal city of Nampo, southwest of Pyongyang

She continued: The problem is that Kim Jon-un is largely the same personality type as Trump both are paranoid, narcissistic and have huge egos.

Weve never really had leaders like that on both sides before.

The unknown factor in this is not Kim, its Trump. Kim Jong-un is acting as we expect him to behave.

Weve actually been expecting something like this. Todays quite an important day in North Korea. The North Koreans usually do something in terms of military development to coincide with such events, she added.

It comes after Donald Trump warned he would meet North Korea with fire and fury following the hermit states repeated threats towards the US.

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North Korea sends 'coded message to Donald Trump' as WW3 threat looms - Daily Star

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Crazy Enough to be Correct – HuffPost

Scientific journals almost always limit themselves to reporting the results of highly technicexperiments. Magazines for a general audience often treat scientific findings clumsily as metaphors. I have wondered whether wed be served by a third type of publication, which would solicit conjectures that the author is not equipped to test, or otherwise fails to test, but that might inspire some one else.

For example, what if this publication contained conjectures like Fermats famous marginalia (his last theorem), scribbled in a book in 1637 but only proven in 1994? Of course, most conjectures have not been as fruitful as Fermats, not to say correct. We tend to forget that the process of discovery, taken as a whole, is often messy. Unlike Fermats, most conjectures are wrong, so the challenge is not only proving the few, but generating the many and then considering them.

I am told that at Google, its a firing offense to shoot down any idea before its had an opportunity to be explored, even played with, and perhaps to inspire still other ideas.

When at Columbia University the physicist Wolfgang Pauli presented his non-linear field theory of elementary particles, worked out with Werner Heisenberg, Niels Bohr was in the audience. Asked for his groups opinion, Bohr replied, as reported by Freeman Dyson, We are all agreed that your theory is crazy. The question that divides us is whether it is crazy enough to have a chance of being correct.

Of course far from all ideas that seem crazy turn out to be correct, but ideas that challenge a prevailing paradigm often seem crazy. What if there were a publication that contained not reports of careful experiments, after peer review, as scientific journals do, but unproven conjectures? As at Google, now one of the most valuable corporations in the world, perhaps even an idea that turns out to be wrong would be useful in suggesting a further idea.

Thanks to the recorder on my cell phone, I can offer on example. Sitting alone in a diner booth, I overheard the following conversation

A: What if our brains are always generating the imagery associated with classic psychedelics? What if ordinary reality is produced by relegating this wild imagery to the unconscious?

B: That feels ridiculous, even (unintelligible). Everyone knows that psychedelics work by amplifying what we call ordinarilyconsciousness, or distorting or playing with it, by activating new circuits in the brain.

A. Well, just play along for a while. Its widely recognized that an optimal psychedelic session does not involve the operation of heavy machinery, or exposure to other dangers.

B: or irrevocable life decisions. I know, but how does that prove your point?

A: Well, imagine that in evolutionary history, this wild imagery developed, as we know that the ability to dream developed, and the ability to speculate (to imagine things that arent but might be). In the case of wild imagery, this ability might impose an evolutionary disadvantage, and would be either selected against or somehow suppressed.

B: But you speculate that we all still have this psychedelic flow?.

A: Yes, and that we developed the ability automatically to keep it out of consciousness, just as we learn that dreams arent real and we learn to keep secret fantasies that are socially and maybe personally unacceptable.

B: So, in the case of this constant stream of psychedelic imagery, we somehow block it from consciousness?

A: Yes, in order to deal with immediate demands of life.

B: And psychedelics do what?

A: In this conjecture, they deactivate the part of the brain that ordinarily keeps this imagery out of consciousness.

B: They temporarily block the mental blocker favored by evolution?

A: Yes. We know the brain is highly selective with regard to socially unacceptable fantasies, and to what Jung called the shadow, or impulses that are contrary to our identity and that we may project onto others.

B: Well, the vision of a constant flow of psychedelic imagery would cast the war on drugs in a new light.

A: As the ideas of Freud and Jung and other psychologists in the last century taught us the brain is up to more tricks than people normally acknowledged.

B: Okay, lets explore some implications.

A: I appreciate your taking this seriously, at least for a while, or at least pretending to do so.

B: Okay, what you are saying is that psilocybin or another classic psychedelic doesn't create the wild imagery; it reveals the imagery?

A: Yes, and this includes a conjecture about evolutionary history. Somehow the wildness began to get started in the connections of all those neurons, but it was disadvantageous for ordinary life. An emergent part of the brain that kept the flow out of consciousness was selected for. Here we are.

B: But I gather that magnetic resonance imaging has shown a brain activation after the ingestion of psychedelics.

A: That is not inconsistent with the conjecture. When the restraint is deactivated by the drug, then new connections could occur.

B: So this conjecture posits a brain structure that ordinarily keeps an ongoing psychedelic flow out of consciousness?

A: Yes, and as you suggest, an inherent psychedelic flow in every human, a flow that he or she is ordinarily unaware of.

B: That is a mischievous idea, almost a scandalous idea.

A: So if this conjecture were correct, psychedelics feel dangerous not because they induce fantasies, but because they uncover something that is naturally occurring.

At this point the waitress came by with my change, and noticing the time, I had to leave. But if I ever hear of a website devoted to conjectures, I will try to find these guys. They looked normal, at least for graduate students. Chances are, they are mistaken, but who knows?

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Crazy Enough to be Correct - HuffPost

Cyberpunk horror hacker >observer_ arrives on Xbox One – TheXboxHub (blog)

Its 2084 and its time to start hacking the minds of millions. Yep >observer_ is here!

Available right now on Xbox One, >observer_ will set you back just 23.99 as the team behind the horrific Layers of Fear threaten to deliver another horror filled masterpiece.

>observer_ from Blooper Games places you in the shoes of an elite neural detective, Daniel Lazarksi, before leaving you to hack into the minds of both criminals and their victims in order to find clues behind numerous atrocities. Expect to find the deepest, darkest, most disturbing truth as >observer_ delivers a cyberpunk horror experience that is most definitely intended for the more mature gamer out there.

If you have interest and fancy being shocked, then the Xbox Games Store holds access to the game. Just pay it a visit, splash the cash and prepare to be taken deep into the minds of the criminal fraternity.

If you need convincing that 23.99 is a price worth paying for >observer_, then our full review will be with you in the coming days.

Game Description:

What would you do if your fears were hacked? The year is 2084. You are Daniel Lazarski, an elite neural detective known as an Observer, and part of a corporate-funded police unit whose purpose is to hack and invade suspects minds. When you receive a mysterious message from your estranged son, a high-level engineer for the almighty Chiron Corporation, you journey to the seedy Class C slums of Krakow to investigate. As you hack into the minds of criminals and their victims to find clues, you are forced to relive their darkest fears. How far will you go to discover the truth? Developed by Bloober Team, the creators of Layers of Fear, >observer_ is a cyberpunk horror game meant for mature audiences. What you see will disturb you.

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Cyberpunk horror hacker >observer_ arrives on Xbox One - TheXboxHub (blog)

What’s Behind Edap Tms SA (EDAP)’s Movement – Stock Daily Review

Needle moving action has been spotted in Edap Tms SA (EDAP) as shares are moving today onvolatility-1.81% or -0.05 from the open.TheNASDAQ listed companysaw a recent bid of 2.71 and44618shares have traded hands in the session.

Following all the swirling information about publically traded companies can be quite a task. Every day there may be new pieces of news that emerge about a specific company. The prudent investor is typically able to keep abreast of the information, but most importantly figure out what news is worth paying attention to, and what news should be filtered out. Keeping a sharp eye on earnings reports and fundamental company data can play a big part in picking the right stocks for the portfolio. Once the numbers have been crunched, investors should be able to see things a little bit clearer and know what the general feel for the stock is. Of course there will be stocks that look good after thorough examination but still fail to perform as expected. Investors who are able to wipe the slate clean and take a fresh look at a certain stock may be able to make more informed decisions that will hopefully lead to increased profits in the long-term. Figuring out when to sell an underperforming stock may end up being just as important as figuring out which stocks to buy.

Deep diving into thetechnical levels forEdap Tms SA (EDAP), we note that the equitycurrently has a 14-day Commodity Channel Index (CCI) of -97.36. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

Edap Tms SAs Williams Percent Range or 14 day Williams %R currently sits at -92.75. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would point to an overbought situation. A reading from -80 to -100 would signal an oversold situation. The Williams %R was developed by Larry Williams. This is a momentum indicator that is the inverse of the Fast Stochastic Oscillator.

Currently, the 14-day ADX for Edap Tms SA (EDAP) is sitting at 22.62. Generally speaking, an ADX value from 0-25 would indicate an absent or weak trend. A value of 25-50 would support a strong trend. A value of 50-75 would identify a very strong trend, and a value of 75-100 would lead to an extremely strong trend. ADX is used to gauge trend strength but not trend direction. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend.

The RSI, or Relative Strength Index, is a widely used technical momentum indicator that compares price movement over time. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The RSI may be useful for spotting abnormal price activity and volatility. The RSI oscillates on a scale from 0 to 100. The normal reading of a stock will fall in the range of 30 to 70. A reading over 70 would indicate that the stock is overbought, and possibly overvalued. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. After a recent check, the 14-day RSIforEdap Tms SA (EDAP) is currently at 33.63, the 7-day stands at 26.81, and the 3-day is sitting at 28.98.

Active investors are typically interested in the factors that drive stock price movements. Buying an individual stock means that you own a piece of the company. The hope is that the company does very well and becomes highly profitable. A profitable company may decide to do various things with the profits. They may reinvest profits back into the business, or they may choose to pay shareholders dividends from those earnings. Sometimes stocks may eventually become undervalued or overvalued. Spotting these trends may lead to further examination or the underlying fundamentals of the company. A company that continues to disappoint on the earnings front may have some issues that need to be addressed. It is highly important to make sure all the research is done on a stock, especially if the investor is heavily weighted on the name. Sometimes earnings reports may be good, but the stock price does not reflect that. Having a good understanding of the entire picture may help investors better travel the winding stock market road.

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What's Behind Edap Tms SA (EDAP)'s Movement - Stock Daily Review

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TMW Introduces Portfolio of Transportation-Focused Apps – Heavy Duty Trucking

August 15, 2017

TMW Systems has introduced a portfolio of 11 mobile apps for professionals at every level of a transportation business from operations to drivers and vehicle maintenance personnel to complete a wide range of business-critical activities from their Android- or iOS-based devices.

The companys extensive new set of mobility tools supports users of the TMW.Suite, TruckMate and Innovative IES transportation management solutions, as well as TMT Fleet Maintenance software. Each app is available via the Apple App Store and Google Play marketplace.

The transportation and logistics industry is undergoing a digital transformation that is being driven by mobile technology, said Ray West, senior vice president and general manager, TMS solutions, TMW. Each of our new mobile apps is designed to enhance business efficiency and competitiveness by providing the information and functionality users need to make the right decisions at the right time.

Among the new tools are the following mobile apps for operations personnel, freight brokers, logistics managers and other professionals who want to access core TMS application data and complete a wide range of activities:

TMW also offers these new mobile apps providing drivers with access to key information and related capabilities:

Also available is the new TMW Vehicle Inspection app, which enables drivers to perform pre- and post-trip inspections, review prior inspection reports and confirm that appropriate repairs have been completed. The app also connects with TMT Fleet Maintenance software to streamline the creation of accurate repair orders and help reduce vehicle downtime.

TMW earlier this year introduced the TMW Parts Room app, which enables fleet maintenance and service center personnel to perform a variety of parts inventory management processes. The company also offers the TMT Mobile Mechanic Workstation, an app that can be used by service technicians and mechanics, whether or not they are connected to the internet, to track labor and parts usage, open and close repair orders, and recall repair service history when working on equipment.

The TruckMate TMS platform can be used to automate cross-dock operations and eliminate misdirected freight with the TMW TruckMate ConnectedDock mobile app. ConnectedDock streamlines unloading and receiving processes; data collection and documentation based on dimensions, weight, pieces and pallet; and loading for through trips and partial unloads.

TMW says its commitment to mobile applications extends beyond its product offerings. TMW also offers a library of user training videos via mobile devices. The free new Learn.TMW app helps industry professionals quickly search for and access any of the more than 300 videos and other training resources available through the Learn.TMW web portal.

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TMW Introduces Portfolio of Transportation-Focused Apps - Heavy Duty Trucking

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Risky Play or Bargain? Update on EDAP TMS SA (NASDAQ:EDAP) – FLBC News

Fine tuning their focus in onEDAP TMS S.A. (NASDAQ:EDAP) stock, investors are taking a closer look at the equity in recent weeks. Most recently the shares moved0.00% landing at a price of$2.76. Despite the fact that the price is less than a cup of coffee, is there any value here?

Here well take a quick glance athow the stock price is currently trading in relation to some of its simple moving averages. At current levels, EDAP TMS S.A. (NASDAQ:EDAP) shares have been seen trading -9.26% away from the 20-day moving average. The stock has been recently separated from the 50-day moving average by -13.77%. Using a broader approach, shares have been trading -7.44% off of the 200-day moving average. After the latest check-in, company stock is -28.31% off of the 50 day high and 5.13% away from the 50 day low price.

Overall, 2017 has been a good year for small-cap stocks thus far. Investors may be examining their portfolios and trying to decide if they have the proper exposure to small-caps. Deciding on small-cap portfolio weighting may depend prominently on the risk appetite for each individual person. Investors also may need to evaluate their short-term and long-term goals when deciding how best to tackle the equity market.

Small-cap stocks have historically outperformed early in economic expansion cycles, and underperformed later in the cycles. With the current economic cycle in year eight, it begs the question as to why small-cap stocks have still been chugging along and outperforming certain averages.

In terms of performance, shares of EDAP TMS S.A. (NASDAQ:EDAP) are -15.85% since the start of 2016. Over the past week, shares are -5.80%. Moving out to look at the previous month performance, the stock is at -16.36%. For the quarter, performance is at 6.56%. During the past six months, EDAP TMS S.A. (NASDAQ:EDAP)s stock has been -11.54% and -9.21% for the last 12 months.

Investors are constantly attempting to find the next great stock to own. Picking the next winner to bolster the portfolio may involve some hard work and a little bit of stock market magic. Sifting through the wealth of information about public companies can be a daunting task. Many sharp investors will attack the equity markets from many different angles.

This may include keeping close tabs on fundamental and technical data. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples.

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Risky Play or Bargain? Update on EDAP TMS SA (NASDAQ:EDAP) - FLBC News

Posted in Tms

Nigerian held for duping 100 by cloning cards – Times of India

NEW DELHI: A Nigerian man has been arrested for cloning debit cards of over 100 people and withdrawing money fraudulently from their accounts. The victims had swiped their cards at ATMs in upscale south Delhi colonies.

The man identified as Kingsley had a unique modus operandi. Police said he would identify an ATM kiosk that didn't have a security guard around. He would go inside, rip open the card swiping slot of the machine and place a scanner behind it. Black tape would hold the device in place. Next, Kingsley would place a camera somewhere on the machine so that its focus would be on the keypad.

Whenever an ATM user swiped his card, the scanner would capture the details while the camera would record the PIN as the customer keyed it in. Once the customer stepped out, Kingsley would go inside, fetch the card reader and camera, and clone the card with the details. Then he would swipe the cloned card at other ATMs and withdraw money. In this way, customer after customer fell victim to Kingsley's fraud.

Until one day, a woman who operated an ATM near Hari Nagar found a large transaction done from her card long after she had withdrawn money. She immediately reported the matter to the police, who then obtained footage of CCTV cameras installed nearby.

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Nigerian held for duping 100 by cloning cards - Times of India