Author: Vidya Saras
By Luisa Maria Jacinta C. Jocson, Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) plans to reduce the reserve requirement ratio (RRR) “substantially” this year, its top official said. “We’re considering it. We’ve discussed the timing of it. I would say it’s going to happen this year,” BSP Governor Eli M. Remolona, Jr. said in a press chat on Wednesday. “We will reduce reserve requirements substantially this year and then there may be further reductions by next year,” he added. The RRR is the portion of reserves that banks must hold onto rather than lending out. The BSP reduced the ratio…
There have been more than 230 school shootings in the United States over the past decade and active shooter drills have become routine in students’ lives. Now, technologies developed to protect soldiers in war are being incorporated into everyday objects of childhood school days. At a recent educational trade show, a booth displaying backpacks with removable ballistic shields — riddled with bullet marks from testing — was set between booths for the textbook company McGraw Hill and the learning toy Speak & Spell. Some of these products come from major brands like 3M; others are designed by entrepreneurial parents. One…
The other day, I came across Stewart & Partners, a beautifully crafted site by the super talented folks over at Malvah Studio, and this grid animation really caught my eye: As the content is pinned, you see the grid items stick to the top in this really slick animation. It got me thinking… what else could we do with this? What if it’s a grid? What if we animate them differently? So, here we are, with a fresh demo exploring that concept. Let’s call it “layout assembly” or “layout formation” 😀 This is basically playing with on scroll animations and…
Transform and roll out!Exploring the nature of a fractured friendship between a young Optimus Prime and Megatron, once known as Orion Pax and D-16 billions of years ago on the living machine planet of Cybertron, Paramount’s new “Transformers One” (Sept. 20) is a supremely entertaining animated film showcasing a visual banquet of next-generation CGI from Industrial Light & Magic.What began as a Hasbro toy line and animated series in the ’80s has exploded over the decades as one of the premier sci-fi intellectual properties in the world, a multi-billion-dollar global juggernaut made up of action figures, comics, video games, clothing,…
In order to train more powerful large language models, researchers use vast dataset collections that blend diverse data from thousands of web sources.But as these datasets are combined and recombined into multiple collections, important information about their origins and restrictions on how they can be used are often lost or confounded in the shuffle.Not only does this raise legal and ethical concerns, it can also damage a model’s performance. For instance, if a dataset is miscategorized, someone training a machine-learning model for a certain task may end up unwittingly using data that are not designed for that task.In addition, data…
Scammers are flooding Facebook with groups that purport to offer video streaming of funeral services for the recently deceased. Friends and family who follow the links for the streaming services are then asked to cough up their credit card information. Recently, these scammers have branched out into offering fake streaming services for nearly any kind of event advertised on Facebook. Here’s a closer look at the size of this scheme, and some findings about who may be responsible. One of the many scam funeral group pages on Facebook. Clicking to view the “live stream” of the funeral takes one to…
Jon Wiener: From The Nation magazine, this is Start Making Sense. I’m Jon Wiener. Later in the hour: Trump supporters in Appalachia: Arlie Hochschild has spent years talking with them about how they understand their lives. Her new book is “Stolen Pride: Loss, Shame, and the Rise of the Right.” But first: Why It Will Be Harder for Trump to Challenge This Year’s Election. Rick Hassen will explain – in a minute.[BREAK]Trump has made it clear he won’t accept the results of the 2024 election if he loses, and Republicans are doing everything they can to reduce the number of…
Eli Collins, a vice president of product management at Google DeepMind, first demoed generative AI video tools for the company’s board of directors back in 2022. Despite the model’s slow speed, pricey cost to operate, and sometimes off-kilter outputs, he says it was an eye-opening moment for them to see fresh video clips generated from a random prompt.Now, just a few years later, Google has announced plans for a tool inside of the YouTube app that will allow anyone to generate AI video clips, using the company’s Veo model, and directly post them as part of YouTube Shorts. “Looking forward…
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners.The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bitcoin Festival. Featuring both a semi-pro and amateur division, the winner of each division will receive their payouts in bitcoin. Entrants will also have the opportunity to win Bitcoin hardware wallet devices provided by CoinKite.“This will be an incredible event, bringing together two talented and high growth communities,…
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