New UPS CIO Envisions ‘Autonomous Everything’
Juan Perez , who helped develop UPS's algorithm-based Orion driving platform, said the company is researching ways that autonomous vehicles could aid in delivering packages.
CIO Journal
Cloud
American Airlines Chooses IBM For Cloud Migration
The airline, which spent much of 2016 evaluating a move to cloud computing and assessing rivals Amazon and Microsoft, expects to improve IT efficiency and flexibility.
Morning Download
The Morning Download: Cognizant Growth Slows in Shifting IT Services Market
The backdrop to the Cognizant story, and the decline in its revenue growth, reflects the shift of customers away from the management and outsourcing of corporate IT infrastructure to a newer approach in which companies automate IT and extract insight from their data, all in the cloud.
Cloud
Cloud Has IT Outsourcing Firms Retooling for Digital Era: Analysts
A call by key investor Elliott Management Corp. on Monday to boost profitability at Cognizant Technology Solutions Corp. highlights the shifting ground for IT outsourcing firms, as more companies move to the cloud.
Columnists
The Evolution of the Firm
Despite market advances in recent years and the ongoing digital technology revolution, the global firm has not only survived, but dominated--defying the predictions of many experts.
ARTIFICIAL INTELLIGENCE
SAP Plunging Into Machine Learning: CEO Bill McDermott
The business software maker is placing bets on machine learning and exploring emerging technologies such as blockchain, Chief Executive Bill McDermott said in a wide-ranging interview with German newspaper Handelsblatt.
Fintech
Morgan Stanley Plans to Drop Out of R3 Blockchain Group
The bank does not plan to renew its membership or invest in a $150 million equity funding round, a person familiar with the matter said.
Leadership
CIOs Can Help Optimize Technology and the Workforce
Enterprises across all sectors are making significant investments in cloud-based technologies, artificial intelligence and data analytics, but there’s a significant lack of funding for tools that could leverage employees’ untapped potential, Korn Ferry's Alan Guarino tells CIO Journal. “(Executives) are investing in technology so they can go out and win, but human resources can be just as strategic as technology in the strategy to win,” he said.
Columnists
Towards a Trusted Framework for Identity and Data Sharing
Institutions like MIT are investigating a new digital identity and data sharing architecture that supports individual ownership of one’s core identity and where data is shared at the owner’s discretion, Columnist Irving Wladawsky-Berger writes.
Role of the CIO
Security Remains Top Priority for State CIOs: Report
Data protection, governance and insider threats were among key strategies cited by senior state government IT managers, as many seek to drive IT consolidation and cloud services in the year ahead, the National Association of State CIOs reports.
E-commerce
Wal-Mart, Target Face Holidays (and Amazon) With Rearranged Tech Leadership
As rivals Wal-Mart and Target report quarterly earnings this week, the retailers face the holiday shopping period having rearranged technology leadership. The hope is to boost slowing e-commerce sales.
Latest Technology News
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Amazon’s Cloud Growth Unlikely to Dissipate WSJ
AWS makes biggest price cuts in more than two years from a position of strength.
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HP Enterprise Unveils Prototype of Next-Generation Computer WSJ
Hewlett Packard Enterprise Co. has reached a milestone in a high-profile plan to deliver a new kind of computer. But the company is betting its business may benefit as much from components it developed for the project as from the complete system.
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Activist Elliott Management Calls for Change at Cognizant WSJ
Activist investor Elliott Management called for change at Cognizant, a $34.6 billion IT-outsourcing firm whose growth prospects have been upended by the rise of cloud computing.
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As Gap Struggles, Its Analytical CEO Prizes Data Over Design WSJ
Art Peck has seen seven straight quarters of lower sales as the company battles to stay on top of trends; creative directors as ‘false messiahs.’
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Ransomware Took San Francisco’s Public Transit for a Ride MIT Technology Review
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Initial Report About SpaceX Explosion Imminent WSJ
Elon Musk’s SpaceX is expected to give federal authorities a preliminary investigative report pinpointing fueling procedures as the most likely cause of a September unmanned rocket explosion.
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Trade Groups Adopt Plan to Better Shield Depositors, Investors From Cyberattacks WSJ
The primary trade groups representing the financial services industry plan to fortify their cybersecurity defenses by standardizing their data storage for retail accounts.
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Goldman Sachs Drops Out of R3 Blockchain Group WSJ
Goldman Sachs Group has dropped out of the R3 CEV blockchain group. The investment bank was one of nine original members of R3, founded in 2014 to explore the use of the distributed database technology in Wall Street infrastructure.
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Oracle to Buy Web Service Provider Dyn WSJ
Oracle said Monday that it would buy web service provider Dyn, a company that came into the public eye after it was hit by a large-scale internet attack in October that left dozens of popular websites unreachable for parts of a day.
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Tech Giants Invest in London Quartz
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Microsoft Offers EU Hardware, Software LinkedIn Concessions Reuters
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Startup to Test Self-Driving Cars in Boston WSJ
NuTonomy, the startup that beat Uber to public streets with robot taxis, will begin trying out autonomous vehicles in Boston by year’s end to improve its self-driving cars with experience in varying environments.
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Facebook to Add 500 Employees in U.K. Next Year WSJ
Facebook said it would add 500 employees in the U.K. next year, making it at least the third Silicon Valley giant to announce British expansion plans after the country’s Brexit vote in June to leave the EU.
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Hackers Program ATMs to Spew Cash WSJ
Criminals in Taiwan and Thailand programmed ATMs to spew cash earlier this year. The FBI is warning U.S. banks of the potential for similar attacks.
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General Electric to Buy Two Tech Startups WSJ
General Electric said it would buy a pair of tech startups for its GE Digital business, as the conglomerate seeks to convince investors its future is as much about software as heavy machinery.
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Social Media Confronts Misinformation, Harassment WSJ
Twitter said it would let users block notifications of tweets that include specific words, the latest step by social-media companies struggling with how to address complaints about misinformation and hate speech on their sites.
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Wal-Mart Fights Employee Chat App WSJ
The retail giant is warning store workers not to download a smartphone app designed by OUR Walmart, an organization that advocates for higher pay and other benefits, as the battle between employers and labor groups increasingly shifts to social media.
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How U.S. Manufacturing Is About to Get Smarter WSJ
Columnist Christopher Mims says U.S. manufacturing industries have an opportunity to use technology innovations to revolutionize production.
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Zuckerberg Continues to Defend Facebook Against Election Criticism WSJ
Mark Zuckerberg on Saturday vigorously defended Facebook Inc. against criticism that fake news and misinformation on the social media site may have swayed the outcome of the presidential election.
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Siemens to Buy Mentor Graphics Amid Push to Digitize Factories WSJ
Siemens’s planned acquisition of automation and industrial software provider Mentor Graphics is the German giant’s latest play to stay competitive in the race to digitize heavy industry.
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Facebook Stops Allowing Ads Targeting Ethnic Groups WSJ
Facebook will no longer allow marketers buying housing, employment and credit-related ads to target ethnic groups.
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IBM Courts Coders with Watson WSJ
International Business Machines Corp. showed off its artificial intelligence software for use as a foundation for programmers, as it welcomed about 1,300 software developers to the first Watson Developer Conference in San Francisco.
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Google Responds to EU Antitrust Charges on Android WSJ
Google fired off its response to a third set of charges issued by the EU’s antitrust regulator—this time rebutting allegations the search giant abuses its dominance with its mobile operating service Android.
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Silicon Valley Braces for Uncertainty After Trump’s Victory WSJ
Donald Trump’s election victory is seen as a blow to Silicon Valley, putting the presidency in the hands of a vocal critic of several big technology companies and an advocate of policies executives have said could hurt the industry’s development.
