Technology – Page 11 – The Stillman Exchange

February 12, 2021 Staff Writer

Automakers Struggle With Global Chip Shortage

Just as the auto industry demonstrated signs of recovery from the shutdowns last spring due to the coronavirus pandemic, an untimely issue regarding a dearth of semiconductor chips has arisen. Because of the global shortage of these silicon chips, nearly every major automaker, including Ford Motor Co, Toyota, and Nissan, have halted some form of car production and furloughed workers. Specifically, Ford and the General Motors Company predict lost earnings due to this unforeseen problem, potentially losing $2.5 billion and $2 billion, respectively.

November 23, 2020 Staff Writer

Instagram Update: Will It Drive Users Away or Create a Convenient Future for Fashion Brands?

Instagram updates: everyone hates it, but no one leaves it. No matter the amount of drastic changes Instagram has made, the origin platform for influencer culture and social media marketing derives from this Facebook-owned app. The app has set standards and opportunities for small businesses and influencers to utilize their platform as an advertisement and marketing tool over the last few updates. Last week, Instagram came out with another update with an inclusion of a shoppable module for users to buy anything they might desire approved pages.

Technology Trending

November 18, 2020 Karina Agarwal

Could Facial Recognition Be Perpetuating Society’s Biases?

Research has found that certain facial-recognition software perpetuates society’s existing inequities based on race, class, and gender. Joy Buolamwini, an M.I.T. Media Lab researcher, discovered that the facial-recognition algorithm she was working on could not detect her face – until she put on a white mask. She soon realized that many artificial-intelligence programs are trained to identify patterns using data sets that skew light-skinned and male results. Buolamwini stated, “When you think of A.I, it’s forward-looking, but A.I. is based on data, and data is a reflection of our history.”

Technology Trending

November 14, 2020 Staff Writer

ByteDance Competitor, Kuaishou Technology, Launches Forward in the Chinese Tech Industry

Kuaishou Technology, the owner of the Chinese social media and video sharing app of the same name, plans to file for an initial public offering on the Hong Kong Stock Exchange within the coming weeks, according to South China Morning Post (SCMP).

Technology Trending

October 30, 2020 Staff Writer

PayPal Sparks a New Cryptocurrency Trend for the Digital Wallet

The digital payment giant PayPal (PYPL) announced on October 21st that it is expanding its market by allowing its 346 million worldwide users to use their digital wallet to buy, hold, and sell Bitcoin and other cryptocurrencies. Starting in 2021, PayPal users will also use their cryptocurrency as a payment method to PayPal’s 26 million merchants.

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