"According to TechCrunch, citing anonymous sources, Microsoft is reportedly interested in acquiring the social news reader, Prismatic. The Redmond giant is apparently the frontrunner towards purchasing the startup for around $30 million. Other companies like Google, Yahoo, Facebook, and Apple are also supposedly interested."
- Sean McBride
Love the Android version of Prismatic.
- Sean McBride
"Paavo Siljamäki, director of record label, Anjunabeats, dropped in to the Facebook office for for enquiring about how to use Facebook optimally for his record label promotion. He however encountered a pretty bewildering scene when the person behind the desk at the Facebook office tapped into his Facebook account without even entering password, though he was politely asked for permission to access it.
The important thing about the Facebook employee accessing Siljamäki’s profile was that, the user did not get even a token email that his profile page was being accessed. Further the exact number of Facebook employees having such a ‘master key’ to all Facebook users pages was also not known."
- Sean McBride
it might be interesting within Finnish data protection law...
- piikummitus
"Despite warnings from the likes of Elon Musk and Stephen Hawking (and of course, Sarah Connor), Ray Dalio's $165 billion AUM hedge fund Bridgewater will start a new, artificial-intelligence unit next month. Despite the "new normal"'s total reversal of any and every historical rational trading pattern, the unit will attempt to create trading algorithms that make predictions based on historical data and statistical probabilities, as "machine learning is the new wave of investing for the next 20 years and the smart players are focusing on it.""
- Sean McBride
"Ray Dalio’s $165 billion Bridgewater Associates will start a new, artificial-intelligence unit next month with about half a dozen people, according to a person with knowledge of the matter. The team will report to David Ferrucci, who joined Bridgewater at the end of 2012 after leading the International Business Machines Corp. engineers that developed Watson, the computer that beat human players on the television quiz show “Jeopardy!”"
- Sean McBride
"The unit will create trading algorithms that make predictions based on historical data and statistical probabilities, said the person, who asked not to be identified because the information is private. The programs will learn as markets change and adapt to new information, as opposed to those that follow static instructions. A spokeswoman for Westport, Connecticut-based Bridgewater declined to comment on the team."
- Sean McBride