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It is believed that Google secretly gathered millions of patient records in the framework of the initiative that is known under the name “Project Nightingale”.

It seems Google has secretly gathered impressive volumes of patient records across 21 states on behalf of a health care provider. It is supposed to have been done via a project that is dubbed “Project Nightingale.”

According to Wall Street Journal, nobody – both patients and doctors – were aware of this effort.

As per WSJ the data that was collected in this program includes “lab results, doctor diagnoses and hospitalization records, among other categories, and amounts to complete health history, complete with patient names and dates of birth.” Also, more than 150 Google employees seem to have an opportunity to all of the data.

On the other hand, New York Times confirmed the whole situation saying “dozens of Google employees” could have had access to all of the sensitive patient data, and that there are serious worries about some Google employees who may have downloaded some of that data.

Still, Google said that this is actually normal and standard practice inside the health sector that even the most sensitive health records are shared.

A spokesperson tackled the idea that Google has been secretly collecting the health records of millions of U.S. citizens. He claimed the only purpose of the whole deal was to supply services back to the health care provider, and the reason why it didn’t announce it was doing because work was in the very early stages.

Google confirmed that it has been working with a Catholic health care system dubbed Ascension. As per the WSJ reports, Google was operating data from the system to design a kind of software that adapts sole patient care by using “advanced artificial intelligence and machine learning.”

Google has lately been competing with Amazon and Apple, which were also trying to move into the profitable health care space. Only last year, Google employed a health care executive in order to control its health initiatives. They also revealed their plans to absorb AI lab DeepMind’s health care division, with the focus on creating an “AI assistant for nurses and doctors.”

Google had also partnered with the University of Chicago Medical Center in 2017 to develop machine learning tools. The company also added that one of its machine learning ambitions is to “anticipate the needs of the patients before they arise.”

Ascension announced their partnership with Google and said that the focus of the collaboration was to “optimize the health and wellness of individuals and communities, and deliver a comprehensive portfolio of digital capabilities.”

Google also added in their blog post that “Nightingale” is the name of its health project.

“To be clear: under this arrangement, Ascension’s data cannot be used for any other purpose than for providing these services we’re offering under the agreement, and patient data cannot and will not be combined with any Google consumer data,” explained Google Cloud president Tariq Shaukat.

Teuta Franjkovic , 2019-11-12 19:00:35 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock

Nick Chong , 2019-11-10 12:00:38

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