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Nupur AnandNEW YORK (Reuters) – Wells Fargo has hired former BNY executive Bridget Engle as its new head of technology, according to a press release seen by Reuters.Engle also sits on the bank’s steering committee, reporting to CEO Charlie Scharf and tasked with reviewing technology across the bank.Scharf said the move is important as the bank continues to invest in modernizing and scaling its platform and works to increase innovation across the company.The bank also announced the appointment of Tracey Kerins as lead of its new Generative AI team to drive AI adoption across the bank.”Generative AI will help transform…

The article “Meta to pay $1.4 billion to Texas for using facial recognition technology without users’ permission” was first published by The Texas Tribune, a nonprofit, nonpartisan media organization that informs and engages Texans on public policy, politics, government and statewide issues.Sign up for The Texas Tribune’s daily newsletter, “The Brief,” to keep readers up to date on the most important Texas news.Facebook’s parent company Meta will pay $1.4 billion to the state of Texas to settle a lawsuit that alleged the company used users’ biometric data without their permission.The 2022 lawsuit filed in state court by Texas Attorney General…

Since the 1950s, researchers have used a well-known method invented by Wallace Coulter called “flow cytometry” to characterize different types of immune cells in research studies and human blood samples. This has led to a better understanding of immune cell development and has also led to new ways to assess human health and diagnose various blood cancers. Flow cytometry has since been applied to other cell types. In traditional flow cytometry, cell surface and intracellular proteins are detected with antibody molecules linked to fluorescent probes. However, although this method offers single-cell sensitivity, it is limited in its ability to detect…

Sandy Case has joined NEP Group’s Creative Technology Group division as SVP of Sports. Based in London, Case will lead and grow the company’s global sports business, connecting Creative Technology Group’s live events experts and solutions with clients around the world. Case will report to Graham Andrews, Global President, NEP Live Events and CEO, Creative Technology Group. Mr Case is a dynamic, commercially minded leader with extensive experience across a variety of sectors including finance, retail, consulting and sports. He began his career at Morgan Stanley where he led one of the European trading desks, honing his strategy and leadership…

Credit: Tima Miroshnichenko (via Pexels) A new study from the University of California, Irvine School of Medicine looking at the digital skill levels of 10- and 11-year-olds found that children who have a safe and positive understanding of technology and smart devices are more satisfied overall than their less digitally savvy peers. The findings, published in the new report, Children’s Digital Skills: Safe and Positive Use of Digital Technologies in Ireland and Italy, detail how children can be taught digital literacy to enable them to make the most of the many opportunities the online world has to offer and manage…

To mitigate this issue, most healthcare organizations are integrating telehealth into their care delivery models, but Kurliand says traditional telehealth methods have limitations. Learn what those limitations are and how MedWand, a new cutting-edge technology with the unique ability to enable healthcare providers to conduct comprehensive virtual exams that weren’t previously possible, is revolutionizing telehealth visits. What is missing from traditional telehealth? With remote visits, doctors still need to rely on a patient’s medical history and self-reported symptoms, but they want more. They want to hear the heart and lungs, take the patient’s temperature. Until now, doctors have been asking…

Digital Wave Technology today announced its continued collaboration with Dovetail Furniture, one of the largest importers and wholesalers of premium handcrafted furniture on the West Coast. Dovetail Furniture has signed a multi-year agreement to leverage Digital Wave Technology’s Product Experience Management (PXM) solutions as a key part of its technology footprint. Known for its curated collections and on-trend designs, Dovetail Furniture has partnered with Digital Wave Technology to deliver complex product details through the solution provider’s PXM system, ensuring efficiency and accuracy. Digital Wave’s PXM, which includes product information management (PIM), master data management (MDM) and digital asset management (DAM),…

IEEE, the world’s largest technical professional organization committed to technological advancement for humanity, has released its Technology Megatrends report for 2024. The report provides an in-depth analysis of the top three megatrends – Artificial General Intelligence (AGI), Digital Transformation and Sustainability – and assesses their impact on humanity through technology advancements, maturity, time to adoption and actual market deployment. “The Megatrends report provides an in-depth look at long-term trends that will impact various aspects of humanity, providing our team with opportunities to create inspiring ideas and previously unexplored applications. We look forward to incorporating the insights we gain from this…

Kforce Inc. (NYSE:) has reported a second quarter performance that aligns with expectations, featuring sequential growth in the Technology business and a stable operating environment compared to the previous year. Despite some ongoing economic uncertainties and geopolitical concerns, the demand for technology resources and new project initiations has been consistent, particularly for critical projects. The company’s leadership expressed confidence in its backlog of technology investments and its ability to deliver above-market results in the long term. Kforce’s second quarter revenues declined 8.4% year-over-year to $356.3 million, with earnings per share of $0.75 near the high end of expectations. The company…

In the financial services sector, tracking employee compliance with licenses, registrations, continuing education, and more is a complex task. According to MCO, while traditional methods such as spreadsheets may seem cost-effective and easy, managing the various license and education renewals across a company’s workforce is difficult.The early stages of employee onboarding reveal flaws in manual systems, as new hires cannot start work without the right licenses, leading to a major waste of time and resources.This manual approach often leads to costly delays and sometimes regulatory penalties. As one example, one financial institution was fined $1.25 million by FINRA for delays…