A new invention is a result of a joint effort by artists and scientists. Computerized art robots can memorize artist’s strokes and effects and reproduce them as needed. They can perform at the artist’s direction, cover large surfaces and make precision painting easier and quicker. Old masters often used their students to help paint a large canvas and ease the tediousness of repetitive strokes. As VOA’s Zlatica Hoke reports, that work too can now be taken over by robots.
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Category: eNews
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Tesla’s Musk Calls Wall Street Snub ‘Foolish’ but Defends His Behavior
Tesla Inc Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets.
In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on the electric vehicle maker’s capital requirements, saying “boring, bonehead questions are not cool,” before turning questions over to a little known investor who runs HyperChange, a YouTube investment channel.
The outspoken performance shocked many analysts, sparked a fall in Tesla’s share price and led some to question whether Musk’s behavior could risk the company’s ability to raise capital.
In early-morning tweets on Friday, Musk said the two analysts he cut off — RBC Capital Markets’ Joseph Spak and Bernstein’s Toni Sacconaghi — “were trying to justify their Tesla short thesis.”
‘Shorting’ means they were betting the stock would fall, but the two have ‘hold’ or ‘neutral’ ratings on the stock, according to Thomson Reuters data. “I should have answered their questions live. It was foolish of me to ignore them,” Musk tweeted.
The two analysts were not immediately available for a comment.
The spat comes at a crunch time for Tesla, when it is struggling to ramp up production of its Model 3 sedan, on which its profitability depends. It is trying to build 5,000 of the vehicles per week by the end of June and overcome manufacturing hurdles that have delayed its rollout.
Although Musk has insisted the company neither needs nor wants new funding, many believe the company will seek to raise more capital by the end of 2018.
Tesla’s stock recovered a little on Friday, up 2.4 percent at $291 in early afternoon trade. But short sellers, who shorted nearly 400,000 shares on Thursday, doubled that amount on Friday, according to financial analytics firm S3 Partners.
“Musk’s meltdown will change Tesla’s ability to raise capital when he needs it with a sector of investors,” said Eric Schiffer, chief executive of the Patriarch Organization, a Los Angeles-based private-equity firm.
“At this critical point, he needs to reinforce confidence, not raise a narrative of him as unstable and whose rational side is lost in space,” said Schiffer, who does not hold Tesla shares.
Jefferies analyst Philippe Houchois said the underlying business fundamentals were more important in any capital raise, although “management credibility” was also a factor.
“That has an impact but it’s not something that will prevent them from raising capital,” Houchois said.
Nord LB analyst Frank Schwope said that Musk’s refusal to answer questions or receive criticism was “not very clever” but added that his ability to find new money was still intact.
‘Dry’ questions
The questions Musk cut short on Wednesday related to Model 3 reservations and capital requirements.
“The ‘dry’ questions were not asked by investors, but rather by two sell-side analysts who were trying to justify their Tesla short thesis. They are actually on the *opposite* side of investors,” Musk tweeted on Friday.
“HyperChange represented actual investors, so I switched to them,” he wrote. On the call, he devoted 23 minutes to 25-year-old Tesla investor, Galileo Russell, who runs HyperChange TV.
At least three brokerages cut price targets on the stock following the call.
Sacconaghi, one of the rebuffed analysts, wrote: “We do worry that such theatrics will unnecessarily undermine investor confidence in Tesla’s outlook.”
Sacconaghi has a price target of $265 on Tesla’s stock and Spak lowered his target to $280 from $305 on Thursday. Tesla’s median Wall Street price target is $317.
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Google to Verify Identity of US Political Ad Buyers
Google said Friday in a blog post that it would do a better job of verifying the identity of political ad buyers in the U.S. by requiring a government-issued ID and other key information.
Google will also require ad buyers to disclose who is paying for the ad. Google executive Kent Walker repeated a pledge he made in November to create a library of such ads that will be searchable by anyone. The goal is to have this ready this summer.
Google’s blog post comes short of declaring support for the Honest Ads Act, a bill that would impose disclosure requirements on online ads, similar to what’s required for television and other media. Facebook and Twitter support that bill.
Google didn’t immediately provide details on how the ID verification would work for online ad buys.
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At Tribeca Film Festival, Digital, Physical Worlds Mix
Bombs. Destruction. Chaos. This is what it’s like to be in Syria.
It’s a part of the world many will never visit, but a virtual reality experience called “Hero,” puts viewers on the ground there.
“Hero” was part of the Immersive program at the recent Tribeca Film Festival in New York, where it won an award for its innovative approach to storytelling. More than 30 virtual reality and augmented reality projects were on display at the event.
Not a ‘lean back’ experience
Virtual reality fans say they love the technology for its ability to transport and immerse them in new worlds. More and more, these experiences are becoming physical and interactive, not just a “lean back” experience where the viewer watches passively.
For “Hero,” viewers don a high resolution headset by StarVR and an HP Z VR backpack, a wearable computer that allows for an untethered, free-roaming VR experience.
In real life, users are instructed to close their eyes as a guide leads them by the hand into a room constructed with surfaces and objects that correspond to what they’ll see as the film starts.
When a bomb drops out of the sky, it’s not only the noise that’s unsettling, but the grit and gravel that they suddenly feel against their skin. As the dust settles, a young child’s voice faintly calls out for help. Participants can find and rescue her.
“That moment when a person realizes they can actually step around, they can actually lean on a thing, they can reach out and touch a wall, they can grab a piece of rebar, it’s a powerful moment,” said Brooks Brown, global director of Starbreeze Studios, one of the key collaborators behind “Hero.”
For a few unnerving minutes during the search for the child, disbelief is suspended. The combination of realistic graphics and participants’ ability to physically navigate the terrain makes it feel as if real lives might be in danger.
Different impact
When it comes to war-torn Syria, “We’ve seen movies about it and documentaries, and yet none of them have this same kind of impact” as a VR experience, said Navid Khonsari, founder of iNK Stories, which created “Hero.”
“When you’re fully encompassed in it, when everything is stripped away and you’re actually in that experience, then only can you acknowledge what’s actually taking place for others,” Khonsari said.
For Mathias Chelebourg, a virtual reality director, live VR experiences represent “the birth of a new format.” Chelebourg is the director of the VR experience “Jack: Part One,” which was also part of the virtual reality lineup at Tribeca.
Viewers are in the movie
In the retelling of the children’s fairy tale Jack and the Beanstalk, viewers can pick up and move physical props and interact with live actors who are outfitted with motion capture markers. Cameras track the markers and movements are rendered simultaneously in virtual reality.
With a format that mixes reality and fantasy, it can take some getting used to, even for the actors.
“Some people don’t dare to move, to touch or just, respond,” said Maria McClurg, one of the actresses in Jack. “Some people give me a really hard time,” she added. “As a performer, it’s always interesting. And at the same time you’re like, ‘How am I going to get through this?’”
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At Film Festival, Virtual Reality Films Merge the Digital and Physical
Virtual reality experiences are becoming more physical and more interactive. No longer just a “lean back” experience, the immersive technology is taking viewers out of the living room and into entirely new worlds. At the Tribeca Film Festival in New York, VOA’s Tina Trinh met with creators who are pushing the boundaries of the digital and physical divide.
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Data Firm at Center of Facebook Privacy Scandal Will Close
The data firm at the center of Facebook’s privacy scandal is declaring bankruptcy and shutting down.
In a statement, Cambridge Analytica says it has been “vilified” for actions it says are both legal and widely accepted as part of online advertising. The firm says the media furor stripped it of its customers and suppliers, forcing it to close.
Cambridge Analytica has been linked to Donald Trump’s 2016 presidential campaign. The British firm suspended CEO Alexander Tayler in April amid investigations.
Cambridge Analytica sought information on Facebook to build psychological profiles on a large portion of the U.S. electorate. The company was able to amass the database quickly with the help of an app that appeared to be a personality test. The app collected data on tens of millions of people and their Facebook friends, even those who did not download the app themselves.
Facebook has since tightened its privacy restrictions. Cambridge has denied wrongdoing, and Trump’s campaign has said it didn’t use Cambridge’s data.
The firm has said it is committed to helping the U.K. investigation into Facebook and how it uses data. But U.K. Information Commissioner Elizabeth Denham said in March the firm failed to meet a deadline to produce the information requested.
Denham said the prime allegation against Cambridge Analytica is that it acquired personal data in an unauthorized way, adding that the data provisions act requires services like Facebook to have strong safeguards against misuse of data.
Facebook Taps Advisers for Audits on Bias and Civil Rights
Facebook has enlisted two outside advisers to examine how it treats underrepresented communities and whether it has a liberal bias.
Civil rights leader Laura Murphy will examine civil rights issues, along with law firm Relman, Dane & Colfax. Former Sen. Jon Kyl, an Arizona Republican, will examine concerns about a liberal bias on Facebook.
The moves come as Facebook deals with a privacy scandal related to access of tens of millions of users’ data by a consulting firm affiliated with President Donald Trump. CEO Mark Zuckerberg testified before Congress on the issue last month. Facebook also has faced criticisms over a deluge of fake news and Russian election interference.
The audits were reported earlier by Axios. Facebook says the feedback will help Facebook improve and serve users more effectively.
ESA’s Mars Rover Undergoes Testing
If everything goes according to the plan, the European Space Agency, ESA, will launch its first robotic exploration vehicle to Mars in 2020. A prototype of the advanced 6-wheeled rover is now undergoing various tests in order to prove that it will be able to withstand the extreme environmental conditions on Mars. VOA’s George Putic has more.
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Tomorrow’s Jobs Require Impressing a Bot with Quick Thinking
When Andrew Chamberlain started in his job four years ago in the research group at jobs website Glassdoor.com, he worked in a programming language called Stata.
Then it was R. Then Python. Then PySpark.
“My dad was a commercial printer and did the same thing for 30 years. I have to continually stay on stuff,” said Chamberlain, who is now the chief economist for the site. Chamberlain already has one of the jobs of the future — a perpetually changing, shifting universe of work that requires employees to be critical thinkers and fast on their feet. Even those training for a specific field, from plumbing to aerospace engineering, need to be nimble enough to constantly learn new technologies and apply their skills on the fly.
When companies recruit new workers, particularly for entry-level jobs, they are not necessarily looking for knowledge of certain software. They are looking for what most consider soft skills: problem solving, effective communication and leadership. They also want candidates who show a willingness to keep learning new skills.
“The human being’s role in the workplace is less to do repetitive things all the time and more to do the non-repetitive tasks that bring new kinds of value,” said Anthony Carnevale, director of the Georgetown Center on Education and the Workforce in the United States.
So, while specializing in a STEM (science, technology, engineering and mathematics) field can seem like an easy path to a lucrative first job, employers are telling colleges: You are producing engineers, but they do not have the skills we need.
It is “algorithmic thinking” rather than the algorithm itself that is relevant, said Carnevale.
Finding gems
Out in the field, Marie Artim is looking for potential. As vice president of talent acquisition for car rental firm Enterprise Holdings Inc, she sets out to hire about 8,500 young people every year for a management training program, an enormous undertaking that has her searching college campuses across the country.
Artim started in the training program herself, 26 years ago, as did the Enterprise chief executive, and that is how she gets the attention of young adults and their parents who scoff at a future of renting cars.
According to Artim, the biggest deficit in the millennial generation is autonomous decision-making. They are used to being structured and “syllabused,” she said.
To get students ready, some colleges, and even high schools, are working on building critical thinking skills.
For three weeks in January at the private Westminster Schools in Atlanta, Georgia, students either get jobs or go on trips, which gives them a better sense of what they might do in the future.
At Texas State University in San Marcos, meanwhile, students can take a marketable-skills master class series.
Case studies
One key area zeroes in on case studies that companies are using increasingly to weed out prospects. This means being able to answer hypothetical questions based on a common scenario the employer faces, and showing leadership skills in those scenarios.
The career office at the university also focuses on interview skills. Today, that means teaching kids more than just writing an effective resume and showing up in smart clothes.
They have to learn how to perform best on video and phone interviews, and how to navigate gamification and artificial intelligence bots that many companies are now using in the recruiting process.
Norma Guerra Gaier, director of career services at Texas State, said her son just recently got a job and not until the final step did he even have a phone interview.
“He had to solve a couple of problems on a tech system, and was graded on that. He didn’t even interface with a human being,” Guerra Gaier said.
When companies hire at great volume, they try to balance the technology and face-to-face interactions, said Heidi Soltis-Berner, evolving workforce talent leader at financial services firm Deloitte.
Increasingly, Soltis-Berner does not know exactly what those new hires will be doing when they arrive, aside from what business division they will be serving.
“We build flexibility into that because we know each year there are new skills,” she said.
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Facebook’s Zuckerberg Vows to ‘Keep Building’ in No-apology Address
With a smile that suggested the hard part of an “intense year” might be behind him, Facebook CEO Mark Zuckerberg addressed developers Tuesday and pledged the company would build its way out of its worst-ever privacy debacle.
It was a clear and deliberate turning point for a company that’s been hunkered down since mid-March. For first time in several weeks, Zuckerberg went before a public audience and didn’t apologize for the Cambridge Analytica scandal, in which a political data-mining firm accessed data from as many as 87 million Facebook accounts for the purpose of influencing elections. Or for a deluge of fake news and Russian election interference.
Instead, Zuckerberg sought to project a “we’re all in this together” mood that was markedly different from his demeanor during 10 hours of congressional testimony just a few weeks ago. His presentation also marked a major change for the company, which seems relieved to be largely done with the damage control that has preoccupied it for the past six weeks.
On Tuesday, speaking in San Jose at the F8 gathering of software developers, Zuckerberg said to cheers that the company was reopening app reviews, the process that gets new and updated apps on its services, which Facebook had shut down in late March as a result of the privacy scandal.
Investing in security
Zuckerberg then vowed to “keep building,” and reiterated that Facebook was investing a lot in security and in strengthening its systems so they can’t be exploited to meddle with elections, including the U.S. midterms later this year. The company had previously announced almost all of those measures.
“The hardest decision I made wasn’t to invest in safety and security,” Zuckerberg said. “The hard part was figuring out how to move forward on everything else we need to do, too.”
He also unveiled a new feature that gives users the ability to clear their browsing history from the platform, much the same way people can do in web browsers. Then Zuckerberg returned to techno-enthusiasm mode.
Facebook executives trotted out fun features, most notably a new dating service aimed at building “meaningful, long-term relationships,” in a swipe at sites like Tinder. After Facebook announced its entry into the online dating game, shares of Tinder owner Match Group Inc. plummeted 22 percent.
Poking fun at himself, Zuckerberg unveiled a “Watch Party” feature that gives users the ability to watch video together — such as, he suggested, “your friend testifying before Congress.” Up flashed video of Zuckerberg’s own turn on Capitol Hill.
“Let’s not do that again soon,” he said.
Zuckerberg got big cheers when he announced that the thousands of people in attendance would get Facebook’s latest virtual reality headset — the portable $199 Oculus Go — for free. “Thank you!” he yelled.
Salute to WhatsApp CEO
Zuckerberg also went out of his way to thank Jan Koum, the co-founder and CEO of messaging platform WhatsApp, who announced his departure Tuesday. Facebook paid $19.3 billion for WhatsApp in 2014.
Despite reports that Koum left over concerns about how the company handles private data, Zuckerberg described him warmly as “a tireless advocate for privacy and encryption.”
Some analysts said Zuckerberg’s performance bolstered his chances of navigating the company out of its privacy scandal and overcoming concerns that it can’t handle its fake-news and election problems.
By leading off with Facebook’s security and privacy responsibilities, then continuing to extend Facebook’s ambitions to connect people in new ways, Zuckerberg successfully “walked the tightrope,” said Geoff Blaber, vice president of research and market analysis firm CCS Insight.
“F8 felt like the first time Facebook has been on the front foot since the Cambridge Analytica scandal broke,” Blaber said.
Dan Goldstein, president of digital marketing agency Page 1 Solutions, said the company “is getting the message” about privacy.
“Time will tell, but this may help Facebook overcome the shadow of the Cambridge Analytica scandal,” he said.
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Facebook to Offer Dating Service
Facebook Inc plans to add a dating service, Chief Executive Mark Zuckerberg said on Tuesday, marking the first time the world’s largest social media network has actively tried to help people form romantic relationships.
Zuckerberg told software developers at Facebook’s annual F8 conference that a dating service would be a natural fit for a company that specializes in connecting people online.
“There are 200 million people on Facebook that list themselves as single, so clearly there’s something to do here,” Zuckerberg said.
Dating service optional
The feature would be for finding long-term relationships, “not just hook-ups,” he said. It will be optional and will launch soon, he added, without giving a specific day.
The dating service is being built with privacy in mind, so that friends will not be able to see a person’s dating profile, Zuckerberg said.
Concerns about Facebook’s handling of privacy have grown since the social network’s admission in March that the data of millions of users was wrongly harvested by political consultancy Cambridge Analytica.
‘Clear history’
Zuckerberg also said Facebook was building a new privacy control called “clear history” to allow users to delete browsing history.
“This feature will enable you to see the websites and apps that send us information when you use them, delete this information from your account, and turn off our ability to store it associated with your account going forward,” the company said in a separate blog post.
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Offshore Wind Power Firms See Taiwan as a Battleground to Expand in Asia
Taiwan is becoming the next battleground for the world’s top offshore wind developers as they seek a foothold in Asia for a technology that has been expanding fast in Europe.
Taiwan announced results Monday of its first major offshore wind farm auction that aims to add 3.8 gigawatts (GW) of capacity to its existing network of just 8 megawatts (MW).
The island’s offshore wind market is expected to expand to 5.5 GW by 2025, and the government aims to invest $23 billion on onshore and offshore wind projects by 2025, law firm Jones Day says.
Taiwan is making a big push to attract investments in renewable technology as it phases out nuclear power by 2025, after the 2011 Fukushima disaster in Japan highlighted the risks of using nuclear energy in a region prone to earthquakes.
For developers in Europe, where expanding offshore wind projects particularly in the North Sea has driven down costs, Taiwan is seen as a route into Asian markets, such as Japan and South Korea, where the technology is still barely used.
Denmark’s Orsted and Germany’s wpd were Monday’s biggest winners, securing contracts to install 900 MW and 1 GW of capacity, respectively.
“We see Taiwan as a stepping stone into Asia-Pacific,” said Matthias Bausenwein, the regional general manager for Orsted, the world’s largest owner of offshore wind power sites that was previously known as DONG Energy.
Taiwan’s auction drew bids from the world’s biggest international players, attracted by the island’s strong winds, a stable regulatory framework and the offer of 20-year power purchase agreements with a feed-in-tariff above European benchmarks.
“We have aggressive targets in Taiwan and, with things going on in China, South Korea and other markets, that amounts to it becoming the fastest-growing region globally,” said Bausenwein.
Falling costs
Offshore wind power is costlier than onshore projects or solar power, and still only accounts for about 3.5 percent of global wind energy capacity.
But Europe has been leading the way in using the technology, adding 3 GW last year and taking total offshore capacity to 19 GW, according to the Global Wind Energy Council.
Costs have plunged as a result. In last week’s auction in Germany, the world’s second-biggest offshore wind power market, some bids offered capacity with no subsidies. In Britain, the world’s biggest market, the cost of wind power fell below new nuclear generation for the first time last year.
This has been encouraged by an expanding regional grid, greater ability to manage variable wind power supplies and the growing scale of turbines, expected to have capacity of 10 to 15 MW each in two or three years, roughly twice as powerful as today.
Taiwan is not considering firms from China, the world’s third-biggest offshore market and which claims Taiwan as Chinese territory. Chung-Hsien Chen, director of the energy technology division at Taiwan’s Bureau of Energy, said Chinese bids were excluded “due to concerns of national security.”
Alongside Orsted and wpd, other bidders included Copenhagen Infrastructure Partners, Canada’s Northland Power, Yushan Energy, a subsidiary of Singapore based Enterprize Energy and Taiwanese firms China Steel Cooperation and Taipower.
After awarding 3.8 GW capacity Monday, a further 2 GW will be allocated through a competitive price tender this summer. Monday’s auction had included an assessment of factors such as the amount of local content included.
European firms want local suppliers to avoid the cost of shipping bulky equipment used in the turbines from Europe.
“The requirements for local content are increasing step by step,” said Andreas Nauen, offshore chief executive for Siemens Gamesa, adding some European equipment would initially be used.
Siemens Gamesa is working to develop the Port of Taichung as a regional hub and has signed non-binding agreements with some local partners that could provide gear locally.
MHI Vestas, a venture between Japan’s Mitsubishi Heavy Industries and Danish turbine maker Vestas, is also considering developing local manufacturing.
“We want to produce locally because we want to be competitive,” the joint venture’s chief executive, Philippe Kavafyan, told Reuters.
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