On Tuesday, Shares of Facebook, Inc. (NASDAQ:FB), gained 3.71% to $87.88, hitting its highest level.
Facebook’s artificial intelligence lab is developing software which can recognize individuals with 83 percent accuracy, regardless if the face was obscured, according to New Scientist.
The Facebook team curated 40,000 public photos from Flickr, some of people in the photos were clearly visible, while featured individuals while they were turned away. The team ran them through a sophisticated neural network and could identify individuals with surprising accuracy. The experimental algorithm can use unique characteristics to tag people, counting hair, clothing, body shape and posture. The team presented their findings at the Computer Vision and Pattern Recognition conference in Boston, Massachusetts. American City Business Journals Reports.
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA), inclined 0.45% to $33.42, during its last trading session.
Twenty-First Century Fox, declared that David Hill is stepping down following a storied decades-long career with the Company in which he led and assisted launch and establish many of its television businesses, counting co-founding Sky Television, the Fox Network, FOX Sports and the Regional Sports Networks. He most recently served as Senior Executive Vice President for 21st Century Fox.
Mr. Hill will launch a new production venture called HILLY, which will be backed by 21st Century Fox. HILLY will focus on live production, creating reality shows, providing production expertise to organizations, and digital investment.
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television segments.
Finally, Schlumberger Limited (NYSE:SLB), ended its last trade with 1.18% gain, and closed at $88, after both U.S. and WTI crude settled in the green.
Oil prices climbed on Tuesday lifted by expectations of a further decline in US inventories and positive data in the eurozone that could signal stronger demand.
US benchmark West Texas Intermediate for August delivery rose 63 cents to close at $61.01 a barrel on its first day of trade on the New York Mercantile Exchange.
Schlumberger Limited supplies technology, integrated project administration, and information solutions to the oil and gas exploration and production industries worldwide. The company operates through Reservoir Characterization Group, Drilling Group, and Production Group segments.
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