Tuesday, May 14th, 2019

Time	Event
12:50a	Lenovo Unveils World's First Foldable PC, Coming In 2020 At its Accelerate 2019 event in Orlando today, Lenovo previewed "the world's first foldable PC." While we don't know the name, price tag, or ship date, we do know that the foldable PC will be part of Lenovo's flagship ThinkPad X1 line and that it will arrive in 2020. VentureBeat reports: Lenovo backs up its "the world's first foldable PC" claim by saying it looked at laptops sold by major PC manufacturers this month. None shipped more than "1 million units worldwide annually" with foldable screens. Apparently Lenovo is hoping to ship at least 1 million units of its new foldable PC in the first year. We don't know much about the device yet, and that's on purpose. Tom Butler, Lenovo's ThinkPad marketing director, did say that the company has been working on the device for "several years" with partners Intel, Microsoft and LG. He confirmed that those three have been part of the project from the very beginning. Intel chips and Windows will be powering the foldable ThinkPad. LG is responsible for manufacturing the screen, the highlight of the device. It's a 13.3-inch single OLED 2K display with a 4:3 aspect ratio. It's also a touchscreen and will support pen input. When folded in half, the width of the device is reduced by 50%, as you might expect. Read more of this story at Slashdot. (Comment on this)
2:10a	California May Go Dark This Summer, and Most Aren't Ready schwit1 quotes a report from Bloomberg: A plan by California's biggest utility to cut power on high-wind days during the onrushing wildfire season could plunge millions of residents into darkness. And most people aren't ready. The plan by PG&E comes after the bankrupt utility said a transmission line that snapped in windy weather probably started last year's Camp Fire, the deadliest in state history. While the plan may end one problem, it creates another as Californians seek ways to deal with what some fear could be days and days of blackouts. Some residents are turning to other power sources, a boon for home battery systems marketed by Sunrun, Tesla and Vivint Solar. But the numbers of those systems in use are relatively small when compared with PG&E's 5.4 million customers. Meanwhile, Governor Gavin Newsom said he's budgeting $75 million to help communities deal with the threat. PG&E said the city of Calistoga could have its service cut as many as 15 times this fire season, depending on how extreme the weather is. The utility also plans to set up dozens of so-called "resiliency centers," where backup generators can be brought in to run essential services. "The utility aims to give at least two days warning about a shutoff and has embarked on a public awareness campaign including mailing letters to customers and is working to identify vulnerable residents," reports Bloomberg. "It also will be working to get power restored in a day after a shutoff, though its customers could be out for as many as five days." Read more of this story at Slashdot. (Comment on this)
2:52p	Who To Sue When a Robot Loses Your Fortune An anonymous reader shares a report: It all started over lunch at a Dubai restaurant on March 19, 2017. It was the first time 45-year-old Li, met Costa, the 49-year-old Italian who's often known by peers in the industry as "Captain Magic." During their meal, Costa described a robot hedge fund his company London-based Tyndaris Investments would soon offer to manage money entirely using AI, or artificial intelligence. Developed by Austria-based AI company 42.cx, the supercomputer named K1 would comb through online sources like real-time news and social media to gauge investor sentiment and make predictions on US stock futures. It would then send instructions to a broker to execute trades, adjusting its strategy over time based on what it had learned. The idea of a fully automated money manager inspired Li instantly. He met Costa for dinner three days later, saying in an email beforehand that the AI fund "is exactly my kind of thing." Over the following months, Costa shared simulations with Li showing K1 making double-digit returns, although the two now dispute the thoroughness of the back-testing. Li eventually let K1 manage $2.5bn -- $250m of his own cash and the rest leverage from Citigroup. The plan was to double that over time. But Li's affection for K1 waned almost as soon as the computer started trading in late 2017. By February 2018, it was regularly losing money, including over $20m in a single day -- Feb. 14 -- due to a stop-loss order Li's lawyers argue wouldn't have been triggered if K1 was as sophisticated as Costa led him to believe. Read more of this story at Slashdot. (Comment on this)

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