Of the new £50 note. Now on bbc news, live to singapore for Asia Business report. Weighing up libre. The us treasury secretary doubles down on Donald Trumps attacks on facebooks planned crypto currency libra. Money in the moon. 50 years on from the apollo 11 landing, we speak to one company plan to exploit its resources. One company plan to exploit its resources. one company plan to exploit its resources. Planning. Good morning asia and hello, world. Its tuesday, glad you could join us for another exciting addition of Asia Business report. Im rico hizon and we start with facebook and its ambitious plan to create its own crypto currency and the growing scrutiny its been under since it was unveiled last month. In the last few hours, us treasury secretary Steve Mnuchin took the unusual step that he had grave concerns libra could be used for illegal purposes, echoing similar comments from donald trump. The social media giant plans to launch its own virtual digital currency, libra and if a
Data out this morning was up slightly joining us for the entire hour is from ariel investments, pushing back against the earnings theme youre feeling good . Id say im better than the market is feeling. I think the market is looking for soft earnings, maybe 3 decline in earnings. Were hoping that we might get a positive number, but not as bad as the markets think lets drill down on all of the big stories. Lets start with you, bob. All three major indices at new highs. And let me show you, a nice group of Retail Stocks hitting new highs. Walmart, home depot, dow tjx, autozone. A small group of Consumer Staples breaking out to new highs. Proctor and gamble, colgate, starbucks a 52 week high for them the Payment Systems, mastercard, visa, visa the biggest gainer of the year up 36 . They have been on fire recently. Finally one last point, the vix down to 12 and change. This is sitting right near the lows for the year. Obviously august is a slower part of the year, but even so, a pretty low
European equities, up by 8 slaegts 10 off a percent we had pretty Good Movement over it had it last 24 hours because off powells testimony 1. 60 we were over 190 10year note, 2. 056 if youre planning your day its time for the crosswalk flan aer for try to pace yourself and this is right at the it very beginning of your day because youd do vp oorks and later in your day, im watching washington do the same stang and hell not see you. How were going to get numbers from Delta Airlines. After the close. You also have to be aware of ho, thats right im eves dropping youre down to five, are you not . As sooner as the numbers are out, ill give you a free cnbc envelope did you see that engine yesterday with video kw the thingroiding around in the it did. I just saw people complaining they didnt feel like they andaus compensated enough for it sglrts then you would do if you saw that it fer and if you saw nangen come across on a flight i would mang. Ohow would you notify somebody theres not enough
Guest . Well, thanks for having me. About, like i explained, the two basic things that go to making an Artificial Intelligence system is large amounts of data and then a Software Program that can look at patterns in that data and or makeher extrapolate on that data,d similar to what human beings might do. Host your piece looks at several different areas, data, algorithms, Machine Learning, and deep learning. What do the terms Machine Learning and deep learning mean . Where Machine Learning is computer scientists and Engineers Training computer to understand what is in the data. Thatne of the examples in is there are two kinds of learning. What is where these computer scientists are actively showing image, forr and hi example, and helping you learn whether what they are showing could be a cat or a dog and make that decision. Learning, the computer tries to find it had on its own. I offer an example of that, where if you feed the computer with millions of images, bits and pieces, for exa
We also welcome your comments on twitter. Tweet us cspanwj. Down thursday, one of a number of final rulings for the court as they wrap up their current term. This is from the wall street journal on that case, the headline, justices let cross stay on public land. Int is the piece cross maryland, dedicated to 49 servicemen who died during world war i. The wall street journal writes that the Supreme Court voted 72 ,o allow a cross to remain claiming that it holds a secular meaning that comports with the constitutional separation of church and state. Justices in the majority issued six separate opinions, offering different views on the intersection of government and religion following an impassioned dissent from the courts two most liberal members been it drove home the divide between conservatives and liberals and within the courts ideological wings. The point of our question this morning, whether you support or oppose the decision, here is what the usa today writes. They are saying the q