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These are the worst-performing stocks in October as Big Tech slumps

these are the worst-performing stocks in october as big tech slumps

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October marked a cooling-off period for many large-cap technology stocks, which had led the market higher after the pandemic began in March. Solid earnings reports and record sales for Apple Inc.
US:AAPL,
Amazon.com Inc.
US:AMZN,
Facebook Inc.
US:FB
 and Google holding company Alphabet Inc.
US:GOOG
 weren’t enough to settle investors’ worries over record new COVID-19 cases in the U.S. and political uncertainty heading into the Nov. 3 elections.

Even Tesla Inc.
US:TSLA
 took a 9.5% tumble during October. Then again, the electric-vehicle pioneer’s stock is still up 364% for 2020. • The Dow Jones Industrial Average
US:DJIA
 pulled back 156 points, or 0.6%, on Friday to close out October with a 4.6% drop — the worst month for the Dow since March, when it plunged nearly 14%. The index has now fallen 7.1% for 2020. (All price changes in this article exclude dividends.) • The S&P 500 Index
US:SPX
 was down 1.2% on Friday, ending October with a 2.8% decline. That followed a 3.9% decrease in September. The benchmark index is now up 1.2% for 2020. • The Nasdaq Composite Index
US:COMP
tumbled 2.4% on Friday, settling the month down 2.3%. The technology-heavy Nasdaq is up 21.6% this year. The information technology sector was the worst performer among the 11 sectors …

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Data Diversity Challenges Impact Facial Recognition AI Algorithm Biases

data diversity challenges impact facial recognition ai algorithm biases

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While facial recognition technologies offer huge opportunities to Federal agencies, overcoming algorithmic biases with the help of diverse data sets is essential for full deployment, industry experts said Oct. 29 at General Dynamics Information Technology’s Women + Technology event produced in association with MeriTalk.

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GSA, DoD try again to get multi-billion dollar cloud contract up and running | Federal News Network

gsa, dod try again to get multi-billion dollar cloud contract up and running | federal news network

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More than a year after the initial award, the General Services Administration and the Defense Department chose the same contractor for the Defense Enterprise Office Solutions (DEOS) contract.
GSA announced today it again picked the team led by CSRA LLC, now known as General Dynamics-IT, for the 10-year, $4.4 billion blanket purchase agreement. The initial award back in August 2019 was estimated to be worth between $7.6 billion and $12.6 billion. It is unclear why the estimate of the BPA changed. An email to GSA and DoD seeking an explanation was not immediately returned.
GD-IT, which also runs the MilCloud 2.0 platform, is teaming with Dell Marketing L.P. and Minburn Technology Group LLC.
“DEOS is a key part of the department’s Digital Modernization Strategy and its fit-for-purpose cloud offering will streamline our use of cloud email and collaborative tools while enhancing cybersecurity and information sharing based on standardized needs and market offerings,” said Dana Deasy, the DoD chief information officer, in a statement. “The last six months have put enormous pressure on the department to move faster with cloud adoption. All across the department there are demand signals for enterprisewide collaboration and ubiquitous access to information.”

Under DEOS, the Pentagon will implement Microsoft …

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HHS releases federal HIT road map through 2025

hhs releases federal hit road map through 2025

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HHS on Friday published a road map to coordinate federal health information technology goals over the next five years, with a focus on pushing forward the department’s vision of allowing patients to be able to download their own electronic health data using smartphone apps.The federal health IT strategic plan, which spans 2020 to 2025 and includes four overarching objectives, is designed to align goals and help prioritize resources related to health IT and health data exchange across federal agencies. It updates a previous federal health IT plan, which ran 2015-2020 and was released in September 2015.The draft plan outlines four goals: promoting health and wellness; enhancing care delivery; building a data-driven ecosystem to accelerate research and innovation; and better connecting healthcare services with health data. It suggests such broad strategies as encouraging new health IT developers to compete in the market by reducing financial and regulatory barriers; promoting trustworthiness of health IT products by enforcing privacy and security regulations; and promoting competition among health IT developers by making it easier to transmit health data from one product to another.Much of the road map focuses on allowing patients, providers and researchers to share data through application programming interfaces, the technology that …

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DARPA’s Information Innovation Office Seeks New Research Ideas

darpa’s information innovation office seeks new research ideas

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DARPAThe Defense Advanced Research Projects Agency’s Information Innovation Office has issued a broad agency announcement seeking information technology research topics that are not covered under current I2O projects.
The office organizations its programs into four thrust areas, namely proficient artificial intelligence; advantage in cyber operations; confidence in the information domain; and resilient, adaptable and secure systems.
According to the BAA notice, I2O may also consider ideas outside those categories if interested parties propose novel software‐based platforms that have the potential to help U.S. and allied forces gain a “decisive information advantage.”
DARPA will accept proposals through Oct. 28, 2021.

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GSA, Pentagon Re-award DEOS Cloud Contract

gsa, pentagon re-award deos cloud contract

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The General Services Administration and Defense Department on Friday announced the re-award of the Defense Office Enterprise Solutions contract to CSRA LLC—a managed affiliate of General Dynamics Information Technology—and its contracting teaming partners, Dell Marketing L.P. and Minburn Technology Group LLC.The award will be worth an estimated $4.4 billion over the next 10 years and includes a five-year base period, with two two-year options and a one-year option. DEOS will provide an enterprisewide set of business cloud capabilities including productivity tools, email, collaboration, file sharing and storage through a Microsoft Office 365 cloud environment. Capabilities will be available at both the unclassified and classified levels in the United States and overseas.  “DEOS is a key part of the department’s Digital Modernization Strategy and its fit-for-purpose cloud offering will streamline our use of cloud email and collaborative tools while enhancing cybersecurity and information sharing based on standardized needs and market offerings,” DOD Chief Information Officer Dana Deasy said in a statement. “The last six months have put enormous pressure on the department to move faster with cloud adoption. All across the department there are demand signals for enterprisewide collaboration and ubiquitous access to information.”The Defense Department first partnered …

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HHS finalizes 2020-25 health IT strategic plan: 4 main goals  . HHS published on Oct. 30 the final 2020-2025 Federal Health IT Strategic Plan, which outlines objectives to improve individual access to  electronic health information to better manage  health and shop for care.

hhs finalizes 2020-25 health it strategic plan: 4 main goals  . hhs published on oct. 30 the final 2020-2025 federal health it strategic plan, which outlines objectives to improve individual access to  electronic health information to better manage  health and shop for care.

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Jackie Drees – Friday, October 30th, 2020
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HHS published on Oct. 30 the final 2020-2025 Federal Health IT Strategic Plan, which outlines objectives to improve individual access to  electronic health information to better manage  health and shop for care. 

The HHS Office of the National Coordinator for Health Information Technology created the 50-page plan in collaboration with more than 25 federal organizations and in support of the 21st Century Cures Act. ONC released the draft of the plan in January and included nearly 100 public comments in the development of the final version. 
The guidelines require healthcare providers, payers and researchers to increase use and availability of health IT tools and systems that give  patients smartphone access to their health information, offer tracking and managing of healthcare treatments and allow for communications with their providers. 
While the plan only applies to the actions of federal agencies, it offers signals to the private sector on the federal government’s direction and can help guide coordination and health IT investment decisions. ONC said it intends for the plan to be used to help agencies drive alignment and prioritize potential health IT initiatives and collaboration opportunities with public and private partners. 
The plan includes four main …

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University of Minnesota to lead NSF-funded ‘Global Quantum Leap’

university of minnesota to lead nsf-funded ‘global quantum leap’

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The University of Minnesota announced today that it will lead a five-year, $2 million grant from the National Science Foundation (NSF) to create an international “network-of-networks” that seeks to accelerate the discovery and development of quantum information systems. Quantum sciences are key to creating the next generation of computing and communications systems.

The project, which is called Global Quantum Leap (GQL), will create a close link between nanofabrication and quantum technology, a connection that so far has been lagging and that will require a worldwide effort. The GQL will bring together key nodes within the NSF-supported National Nanotechnology Coordinated Infrastructure (NNCI) and complementary networks of researchers in the United States and worldwide working on quantum information sciences through workshops, research exchanges, and educational bootcamps.

The network will be led by University of Minnesota Professor Steven Koester, the Louis John Schnell Professor in Electrical and Computer Engineering in the University’s College of Science and Engineering.

“Quantum information technology is going to have a profound effect on society in the coming decades,” Koester said. “The GQL will play a key role in ensuring the infrastructure and workforce are ready for this transition. We are looking forward to working with our international partners …

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The complicated history of voting technology – Marketplace

the complicated history of voting technology – marketplace

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The relationship between technology and voting goes way back to the late 1800s, when automated, hand-lever voting booths were introduced to help make vote counts go quicker and make voting more secure.

“I think a good argument can be made [that they] actually helped to achieve a certain degree of increased honesty in elections,” said Charles Stewart III, political science professor at MIT, in an interview with “Marketplace Morning Report” host David Brancaccio.

“The things were big beasts, they weighed 800 pounds, so you know, you’re not going to easily steal them,” said Stewart, who also founded MIT’s Election Data and Science Lab. “The machines were actually, and I think rightfully so, seen as bringing a bit of kind of business practice and a bit of kind of greater control and honesty in the vote-counting process.”

In recent history, however, fears of ballot box stealing have been replaced with fears of potential cyberattacks and other issues linked to technology. In what ways could the interaction between voting and technology change in relation to these kinds of worries?

Below is an edited transcript of Brancaccio’s interview with Stewart about the history of voting technology and where it’s likely …

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Pan-dems slammed Junius Ho lack experience to chair Information Technology panel

pan-dems slammed junius ho lack experience to chair information technology panel

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Lawmaker Junius Ho Kwan-yiu was elected as chairman of the Panel on Information Technology and Broadcasting at the LegCo today.

Pro-democracy lawmakers today questioned if pro-establishment lawmaker Junius Ho Kwan-yiu, lack of an IT background, is appropriate to lead the Panel on Information Technology and Broadcasting at the LegCo.Ho was elected as chairman of the Panel on Information Technology and Broadcasting today.Democratic Party lawmaker Ted Hui Chi-fung said during the meeting that neither Ho has a background in the IT industry, nor did he have experience in the broadcasting industry, doubting if Ho has the ability to chair the Panel.Ho in response said he will take this chance to pick up with IT-related matters, saying he had concrete results from his past four years at the LegCo.

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