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Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Backing Big Brother: Investors are pouring into Chinese facial recognition firms

Finance
Buoyed by China's plans to build a ubiquitous CCTV surveillance network, Chinese and some foreign investors are pouring money into start-up technology firms that specialize in facial recognition software.At stake for firms such as SenseTime Group, Face++ and DeepGlint, is a multi-billion dollar global public and private market for facial recognition technology that can quickly identify individuals by measuring major elements of their faces, such as the distance between the eyes and the curve of the cheekbones.With the use of artificial intelligence (AI) the technology can recognise and track those wanted by the authorities by seeking a match from a database of photographs. In the commercial world it can be used for security at homes, workplaces and ATM machines, and as a part of payments s...
Facial expressions give clues on bank policies

Facial expressions give clues on bank policies

Technology
Software can be used to analyse the facial expressions of central bank governors and predict policy changes, researchers have claimed.Two artificial intelligence researchers in Japan have been using technology to measure the momentary expressions on the face of Haruhiko Kuroda, the governor of the Bank of Japan, during press conferences.The research uses computer vision technology to detect minuscule changes which humans might not pick up on, and which could otherwise be subjectively interpreted.The technology was developed by Microsoft as part of its cognitive services products, and uses an algorithm to analyse an image and return a confidence rating for eight emotions: anger, contempt, disgust, fear, happiness, neutral, sadness and surprise.Mr Kuroda's expression was seen as neutral most...
Apple iPhone X adopts facial recognition and OLED screen

Apple iPhone X adopts facial recognition and OLED screen

Business
Media playback is unsupported on your deviceApple has revealed a high-end smartphone with an "edge-to-edge" screen that has no physical home button.The iPhone X - which is referred to as "ten" - uses a facial recognition system to recognise its owner rather than a fingerprint-based one.Apple said FaceID can work in the dark by using 30,000 infra-red dots to check an identity, and was harder to fool than its old TouchID system.It is Apple's most expensive phone yet.A 64 gigabyte capacity model will cost $ 999 (£999 in the UK) when it goes on sale on 3 November. A 256GB version will be priced at $ 1,149 (£1,149 in the UK).Media playback is unsupported on your deviceBy contrast, Samsung is charging $ 930 (£869 in the UK) for its new Note 8 phone, which has 64GB of storage."The iPhone X is a l
Police hold 20m facial recognition images

Police hold 20m facial recognition images

Technology
By Alexander J Martin, Technology Reporter and Tom Cheshire, Technology Correspondent - ExclusiveSky News has learned more than 20 million facial recognition images are being held by police in the UK.Public confidence in law enforcement is being undermined by the lack of laws controlling the police's use of facial recognition technology, the independent Biometrics Commissioner has warned.In his first public comments since taking office, Professor Paul Wiles told Sky News the Government's delays in developing rules to address the police's growing databases of innocent citizens' facial images risked damaging the UK's model of policing by consent.The police currently hold "beyond 20 million images" of Britons' faces, said Professor Wiles, a former scientific adviser to government who has held...
Govt funds controversial facial recognition tech

Govt funds controversial facial recognition tech

Technology
The Home Office plans to invest more in facial recognition technology for the police despite warnings that it could be illegal and concerns over surveillance.A number of police forces already use the technology to automatically identify people from social media images and CCTV recordings.Its use has been controversial in live-settings where people who are not suspected of any crimes could be checked against a police database and potentially arrested if the system delivers a false positive.Police have argued that the technology is accurate 95% of the time but critics have noted that this means for every 1,000 faces it scans there will be 50 incorrect matches.The technology, which works by creating a geometric profile of individuals' faces and comparing that profile against a database of oth...