You may soon get financial advice from a machine

first_img 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr It might not be long before you’re taking financial advice from, well, a robot.IBM is aiming to shake up the world of financial services with Watson, its artificial intelligence computing system, said Mike Rhodin, senior vice president of IBM’s Watson’s group, told CNBC.The system is being adopted by banks and other financial institutions to be used for customer service and scaling wealth management.A possible scenario: A customer would call (or text) their bank for more information about a mortgage rate and end up talking with Watson—really a Watson-based chat advisor application built for the bank. The app could even offer up a formal rate to the caller that could later be presented by a mortgage expert at a convenient time.Companies are already using these kinds of Watson-based applications for customer service purposes, and on Tuesday IBM announced a deal with Genesys that propels its move into the space. continue reading »last_img read more

Raptors beats Warriors for 1st NBA title

first_imgThe Toronto Raptors gather around their first NBA championship trophy after beating a hobbling Golden State Warriors in Game 6 of the NBA Finals at the Oracle Arena in Oakland, California. GETTY IMAGES CALIFORNIA – The Toronto Raptors secured their first NBA championship, topping a beaten and battered Golden State Warriors team in Game 6 of the NBA Finals.Behind a hot start from Kyle Lowry and a late closeout after Klay Thompson suffered a knee injury in the third quarter yesterday, the Raptors secured a 114-110 victory to ensure that the Larry O’Brien Trophy would return to Toronto in their possession.Lowry, Kawhi Leonard, Fred VanVleet and Pascal Siakam all had big games, with each surpassing 20 points as Toronto turned back a gutsy performance from a Warriors team riddled with injuries.The Warriors lost Thompson when he fell awkwardly after getting fouled on a dunk attempt in the third quarter, leaving Golden State to play the fourth quarter without two of their three best players after Kevin Durant’s Achilles injury in Game 5. Postgame reports on Thompson’s knee confirmed the worst, that he suffered a torn ACL in his left knee.RAPTORS HOLD OFF GUTSY WARRIORS Toronto took a 104-101 lead on a VanVleet 3-pointer with 3:46 left that it would not relinquish despite the best efforts of Golden State’s role players keep their three-peat hopes alive.For a moment in the game’s final seconds, the Warriors looked en route to a repeat of their Game 5 performance that saw them rally from a late deficit.Toronto held possession of the ball and a 111-110 lead with less than 19 seconds remaining in what looked like a run-out-the clock situation that would require them to hit free throws. But Golden State trapped Kawhi Leonard in the backcourt, forcing him to throw the ball to Danny Green who was pinned in the corner near halfcourt by Draymond Green.Green threw a sideline pass to a streaking Pascal Siakam that was beyond his reach and sailed out of bounds, giving the Warriors possession and new life.DO OR DIE GAME. Toronto Raptors’ Kawhi Leonard (center) plays like a true champion and won’t let go of the ball despite being sandwiched by burly Golden State Warriors players Andre Iguodala (left) and Draymond Green. Leonard eventually earned MVP honors yesterday, June 13, 2019, capping a brilliant playoff run with his second NBA championship and second Finals MVP trophy. The Raptors won their first NBA championship title. GETTY IMAGESLATE-GAME DRAMAThey set up a 3-pointer for Stephen Curry on the ensuing inbounds play. Green took the inbounds pass and found Curry on the wing, who got a good look at a go-ahead shot with 8.2 seconds remaining.But it didn’t drop. A scramble ensued for the long rebound near halfcourt. Draymond Green secured possession, but the Warriors called a timeout they didn’t have, leading to at technical foul with 0.9 seconds remaining.Video replays, a personal foul and free throws ensued. But at that point, the game was over. Raptors fans were finally granted license to celebrate Canada’s first NBA championship.KAWHI WINS MVPLeonard earned MVP honors, capping a brilliant playoff run with his second NBA championship and second Finals MVP trophy. He joins LeBron James and Kareem Abdul-Jabbar as the only players in league history to win NBA Finals MVP honors with two different teams.Leonard was also Finals MVP in 2014 when the San Antonio Spurs defeated the Miami Heat for the NBA championship.“I had a great support system,” Leonard said in the postgame ceremony, referencing his trade from the Spurs to Toronto. “I just kept working hard, working hard and having my mind set on this goal right here. I came to a team, a new coach — that mindset was the same as mine, trying to get that Larry OB [trophy] over there.“This is what I play basketball for. This is what I work out for all summer, during the season. I’m happy that my hard work paid off.”THOMPSON’S INJURY, HEROIC EFFORTThompson was in the midst of a vintage playoff performance when the unthinkable happened yet again to Golden State. With the Warriors leading 83-80 late in the third, Thompson attacked the basket on a fast break.A Danny Green foul sent Thompson to the floor where he grabbed his left knee and writhed in pain. Thompson eventually needed help off the court. But while he was walking toward the locker room, he apparently realized that if he didn’t return to the court to shoot his free throws, he wouldn’t be allowed to play again.He returned and hit both of his free throws before immediately exiting on the next stoppage of play.The diagnosis of his torn ACL wasn’t reported until well after the game, but he was seen using crutches before the game was over.GOLDEN STATE KEEPS FIGHTINGThe Warriors didn’t fold after Thompson’s injury. Draymond Green, Iguodala and DeMarcus Cousins all stepped up to ensure that Curry wasn’t Golden State’s only option.Iguodala finished with 22 points, Green tallied 11 points, 19 rebounds and 13 assists, while Cousins filled in off the bench with 12 points and five rebounds.Golden State held onto the lead after Thompson’s injury until VanVleet tied the game at 91-91 with a 3-pointer with 9:06 remaining. From there it was a back-and-forth game until another VanVleet 3-pointer with 3:46 remaining gave Toronto the lead for good.Curry finished with 21 points and seven assists while shooting 3 of 11 from distance. It wasn’t enough as he needed one more bucket to fall at the end to keep hope of a Game 7 alive.END OF AN ERAIt was an admirable showing from the Warriors, who looked like a team playing in their fifth straight NBA Finals. But in the end, it was the closing of a chapter.Thursday was the final game played in Oakland’s Oracle Arena with the team moving across the bay to San Francisco next season. Durant is expected to opt out of the final year of his contract and pursue a long-term deal on the free agent market that he’s still reportedly likely to get in spite of the Achilles injury.The ACL injury to Thompson and his pending free agency further cloud Golden State’s future.The Warriors may be contenders next season. But it’s unlikely they enter the season as the overwhelming title favorites that’s become the norm in Golden State.But that’s a story for the offseason. Thursday is about the Toronto. It’s about Kawhi Leonard. It’s about Kyle Lowry.It’s about Canada, drunk on the thrill of an unprecedented playoff run celebrating a championship the whole country can savor.And it’s about the Raptors securing an unlikely championship while possibly putting an end to one of basketball’s greatest dynasties. (Yahoo Sports)last_img read more