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Myanmar Coup: People fear they are being tracked using Chinese technology | English News | WION

In Myanmar, spiralling violence and street surveillance spark fears of a ‘digital dictatorship’. Protesters in Myanmar fear they are being tracked with Chinese facial recognition technology, the cameras can scan faces and license plates in public places.

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Life-Saving Car Technology No One Wants

Technology exists today that could dramatically improve the safety of drivers, cyclists, and pedestrians. We’re just not using it, here’s why.

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Do not need to move away from technology: BlackRock’s Rieder

Rick Rieder, BlackRock global fixed income CIO and head of global allocation team, join ‘Fast Money Halftime Report’ to discuss the uncertainty in the market, inflation fears and how it affects the investment strategy. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

BlackRock’s Rick Rieder told CNBC on Thursday he was not overly concerned about stocks simply because of the recent move higher in bond yields.

Rieder, chief investment officer of global fixed income at the world’s largest money manager, made his remarks on “Halftime Report” as the major U.S. equity indexes fell sharply. The tech-heavy Nasdaq Composite declined furthest, down more than 2.5%.

The 10-year Treasury yield rose to a one-year high above 1.6% at one point Thursday. However, Rieder said it’s important to take the uptick in yields — which move inversely to prices — in historical context, particularly when forecasting a strong economic recovery from the Covid pandemic.

He pointed to the inflation-adjusted yields, known as real rates, to illustrate his perspective.

“We started from negative 1%. The history of real rates, on average the last 25 years, the average has been about 1.5% positive and usually, when you get this sort of economic growth, you’re talking about real rates that go to 3%, 4%, 5% positive,” Rieder said. “We may get to zero percent real rates, so you still have an extremely accommodative environment. There’s a little bit of uncertainty, the [volatility] picks up in the markets and then you recalibrate, but I’m not that worried about equities.”

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Tesla knows this is a technology race: Lucid Motors CEO

Lucid Motors CEO Peter Rawlinson joined “Squawk on the Street” on Friday to discuss his company’s mission as the competition in the electric vehicle space heats up with Apple potentially entering the field. To see the full interview with Rawlinson sign up for a free trial to CNBC Pro: https://cnb.cx/3ttxHgl

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Jim Cramer on Wunong Net Technology: ‘This is not euphoria. Something’s broken’

Chinese e-commerce company Wunong Net Technology made its public debut Wednesday, closing up 440%. CNBC’s Jim Cramer and David Faber discuss whether the SEC should be stepping in.

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New Technology Can Detect Traces Of The Coronavirus On Surfaces | NBC News NOW

NBC News’ Vicky Nguyen looks at a new COVID-19 test that can detect traces of the virus on common surfaces and deliver results within 48 hours.
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New Technology Can Detect Traces Of The Coronavirus On Surfaces | NBC News NOW

Jim Cramer: Investors are buying Tesla because of its battery technology

CNBC’s Jim Cramer and the “Squawk on the Street” crew discuss Tesla’s volatile Monday session as well as Ford’s decision to brig back the iconic brand the Bronco. Subscribe to CNBC PRO for access to investor and analyst insights: https://cnb.cx/2Vtntx6

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The Fight Over Police Use Of Facial Recognition Technology

In light of recent protests, facial recognition has come under scrutiny for the way in which it’s deployed by police departments. In response, IBM, Amazon and Microsoft have all stated that they’ll either stop developing this tech, or stop selling it to law enforcement until regulations are in place.

At least half of Americans are reportedly in a facial recognition database, potentially accessible by the local police department as well as federal government agencies like ICE or the FBI. It’s not something you likely opted into, but as of now, there’s no way to be sure exactly who has access to your likeness.

These promises may not make a big difference though, as a number of powerful but lesser-known companies like Clearview AI and Rank One are leaning into the market. They say this tech helps catch dangerous criminals and makes communities safer.

Activists and researchers across the political spectrum nonetheless have serious concerns about privacy, algorithmic bias, and a lack of regulation.

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The Fight Over Police Use Of Facial Recognition Technology