This bodes well for our position in $BIDU, given the location of the stock. Let’s see if this Microsoft partnership can trigger that big weekly breakout. Here are the details hitting the wires:
REDMOND, Wash., July 18, 2017 /PRNewswire/ — Microsoft Corp. and Baidu Inc. (NASDAQ: BIDU) today announced plans to partner in order to take the technical development and adoption of autonomous driving worldwide. As a member of the Apollo alliance, Microsoft will provide global scale for Apollo outside of China with the Microsoft Azure cloud.
“We’re excited to partner with Baidu to take a giant step in helping automotive manufacturers and suppliers fully realize the promise of autonomous driving,” said Kevin Dallas, corporate vice president, Microsoft. “Today’s vehicles already have an impressive level of sophistication when it comes to their ability to capture data. By applying our global cloud AI, machine learning, and deep neural network capabilities to that data, we can accelerate the work already being done to make autonomous vehicles safer.”
According to McKinsey, up to 15 percent of new cars sold in 2030 will be fully autonomous, which fuels the need for an ecosystem of partners to collaborate in support of a common goal. READ MORE
Microsoft has been designated to become the worldwide vehicle for the Internet of (moving) Things and for the global Digital Financial Identity.
This ID will be given to every global citizen at the point of vaccination according to UN documents. They call it: Entry Point. Tracking and tracing of these individuals will be next.
Biometric ID on the Blockchain with Microsoft
http://globalcitizennews.blogspot.nl/2017/07/biometric-id2020-on-blockchain-with.html
Entry Point
http://globalcitizennews.blogspot.nl/2017/03/entry-point.html