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Artificial Intelligence: Marty the Robot Hunts for Spills in Supermarket Aisles

Marty the supermarket robot is rather smart. Armed with three high-resolution cameras, computer vision, navigation systems, numerous sensors, and smart AI software, Marty is able to sidestep shoppers and pinpoint spills. Marty is a social robot and the first of its kind to be deployed in a live customer environment in supermarkets.

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Fintech: SoFi Buys Galileo for $1.2 Billion
April 8, 2020

. Online personal finance start-up SoFi has agreed to buy payments software company Galileo for $1.2 billion. The deal is a combination of cash and stock, according to the press…

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Alternative Investments: Latest Activist Investor Filings
April 8, 2020

Activist investor Julian Singer has used the investing partnership, JDS1, LLC, to accumulate 6.43% of HC2 Holdings, Inc (HCHC). The target provides construction, marine services, energy, telecommunications, insurance, life sciences, broadcasting,…

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Private Equity: Marc Rowan Warns About State of Economy
April 8, 2020

Apollo Global Management Co-Founder Marc Rowan sent a letter to the firm’s investors this weekend that suggests that if the Fed does not take drastic measures, the economy will be…

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Artificial Intelligence: Google Apologises for Racist Bias in Result From Algo
April 8, 2020

Google Vision Cloud, a “computer vision” service that utilizes AI to label images, was found to produce different results depending on the subject’s skin color. Google (NASDAQ: GOOGL) apologized after…

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Real Estate: Tom Barrack Hires Lobbyists for Commercial Mortgage Aid
April 8, 2020

Tom Barrack, the head of Colony Capital (NYSE: CLNY), has hired several lobbyists to help assist the commercial mortgage industry. Barrack has been warning for weeks about the challenges the industry…

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REITS: Activist Bow Street Still Takes Aim at Board of Mack – Cali
April 7, 2020

Last year activist investor Bow Street won 4 seats on the Board of Mack- Cali (NYSE: CLI). This REIT invests in office and multifamily projects in the Northeastern United States….

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Liquid Alternatives: Buying Stock ETFs – The Bank of Japan’s Been There, Done That
April 7, 2020

The Fed could take a leaf out of the Bank of Japan’s (BOJ) ETF playbook to address the current economic crisis created by the coronavirus pandemic. The Fed has already…

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Venture Capital: venBio’s Third Life Sciences Fund Oversubscribed; Raises $394M
April 7, 2020

venBio Partners LLC is a life sciences firm that partners with industry leaders to build highly innovative medicines and technologies. It focuses on novel therapeutics for unmet medical needs. venBio…

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FinTech: Despite the Virus, Open Banking FinTech Yapily Raises $13M
April 7, 2020

Yapily, a fintech startup that offers an open banking API, raised $13 million in a Series A round despite swirling panic around the coronavirus. The round was led by Lakestar,…

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Digital Assets: Hex Trust Integrates Custody Services With R3’s Corda Blockchain
April 7, 2020

Hong Kong-based Hex Trust is pushing the envelope with technological innovation. Hex Trust provides secure, enterprise-grade and compliant custody solutions for digital assets to institutions. It announced April 1 the…

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