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Human Bankers Are Losing To Robots as Nordea Sets a New Standard

Something interesting happened in Swedish finance last quarter. The only big bank that managed to cut costs also happens to be behind one of the industry’s boldest plans to replace humans with automation. From a report: Nordea Bank AB, whose Chief Executive Officer Casper von Koskull says his industry might only have half its current human workforce a decade from ... Read More »

T-Mobile, Nokia Reach $3.5 Billion Agreement To Build Nationwide 5G Network

T-Mobile has entered into a $3.5 billion multi-year agreement with Nokia to build out its 5G network. Nokia will supply T-Mobile with its end-to-end 5G technology, software, and services, including commercial AirScale radio platforms and cloud-native core, AirFrame hardware, CloudBand software, SON, and 5G Acceleration Services,” reports PhoneDog. From the report: Nokia will help T-Mobile build a nationwide 5G network ... Read More »

Uber’s Self-Driving Trucks Division Is Dead

Uber is shuttering its self-driving unit, reports TechCrunch. The company will reportedly stop development of self-driving trucks and instead focus its efforts on self-driving cars. “We recently took the important step of returning to public roads in Pittsburgh, and as we look to continue that momentum, we believe having our entire team’s energy and expertise focused on this effort is ... Read More »

20 States Take Aim At 3D Gun Company, Sue To Get Files Off the Internet

An anonymous reader quotes a report from Ars Technica: Twenty states announced Monday that they plan to ask a federal judge in Seattle to immediately issue a temporary restraining order against Defense Distributed, a Texas-based group that has already begun making 3D-printer gun files available on its DEFCAD website after a recent legal settlement with the US State Department. “After ... Read More »