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Exit scammers run off with $660 million in ICO earnings | TechCrunch
A Vietnamese cryptocurrency company Modern Tech launched an ICO for its Pincoin token, raising $660 million from approximately 32,000 people. The company first ran the Pincoin ICO, promising constant returns to investors, and then launched another token, iFan (a social network token for celebrities). Picoin investors first received cash from their investment and then the team began paying out rewards to Pincoin investors in iFan tokens.

Then the team disappeared.
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april 2018 by leolaporte
Exclusive: Waymo applies for no-driver testing in California - San Francisco Chronicle
Waymo confirmed Friday that it had submitted an application to the California Department of Motor Vehicles to test cars without a backup driver behind the wheel. So far, only two companies have applied for such permits, and the other company’s identity has not been publicly revealed.
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april 2018 by leolaporte
In a Leaked Memo, Apple Warns Employees to Stop Leaking Information - Bloomberg
The Cupertino, California-based company said in a lengthy memo posted to its internal blog that it "caught 29 leakers," last year and noted that 12 of those were arrested. "These people not only lose their jobs, they can face extreme difficulty finding employment elsewhere," Apple added. The company declined to comment on Friday.
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april 2018 by leolaporte
Google works out a fascinating, slightly scary way for AI to isolate voices in a crowd | Ars Technica
Google researchers have developed a deep-learning system designed to help computers better identify and isolate individual voices within a noisy environment.

As noted in a post on the company's Google Research Blog this week, a team within the tech giant attempted to replicate the cocktail party effect, or the human brain's ability to focus on one source of audio while filtering out others—just as you would while talking to a friend at a party.

Google's method uses an audio-visual model, so it is primarily focused on isolating voices in videos
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april 2018 by leolaporte
Credit card signatures are going away, and a big step happens today - CNET
Beginning last year, all four major US payment providers -- Mastercard, Visa, American Express and Discover -- announced plans to remove the requirement that merchants collect signatures for card transactions. Mastercard, American Express and Discover kicked off that new policy Friday, while Visa will do the same Saturday.
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april 2018 by leolaporte
Google's new book search deals in ideas, not keywords - Axios
Tech pioneer Ray Kurzweil debuted the project at the TED conference in Vancouver, and explained that it differs from traditional search by relying on semantics rather than keywords.
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april 2018 by leolaporte
Unethical growth hacks: A look into the growing Youtube news bot epidemic
Someone has effectively created a fully automated process running 24/7 that is taking and stripping recent articles, converting them into video format, and posting it on Youtube as their own. And while doing so, they take credit for it and reap all the rewards — such as revenue and influence — that come with it.
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april 2018 by leolaporte
“Is curing patients a sustainable business model?” Goldman Sachs analysts ask | Ars Technica
The potential to deliver “one shot cures” is one of the most attractive aspects of gene therapy, genetically engineered cell therapy, and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies... While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.
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april 2018 by leolaporte
Apple’s Stumbling HomePod Isn’t the Hot Seller It Wanted - Bloomberg
During the HomePod’s first 10 weeks of sales, it eked out 10 percent of the smart speaker market, compared with 73 percent for Amazon’s Echo devices and 14 percent for the Google Home, according to Slice Intelligence. Three weeks after the launch, weekly HomePod sales slipped to about 4 percent of the smart speaker category on average, the market research firm says. Inventory is piling up, according to Apple store workers, who say some locations are selling fewer than 10 HomePods a day. Apple declined to comment. The shares gained 1.4 percent to $174.89 at 3:36 p.m. in New York.
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april 2018 by leolaporte
Yahoo and AOL just gave themselves the right to read your emails (again) - CNET
When we logged in to a Yahoo Mail account Friday, we were greeted with the privacy policy you see below (Jason Kint had pointed to the policy earlier on Twitter). In it, Oath notes that it has the right to read your emails, instant messages, posts, photos and even look at your message attachments. And it might share that data with parent company Verizon, too.
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april 2018 by leolaporte
China Is Nationalizing Its Tech Sector - Bloomberg
Communist Party committees have been installed at many tech firms, reviewing everything from operations to compliance with national goals. Regulators have been discussing taking a 1 percent stake in some giants, including Alibaba and Tencent, along with a board seat. Tech companies have been widely encouraged to invest in state-owned firms, in the hopes of making them more productive. The common denominator of all these efforts is that the government wants more control.
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april 2018 by leolaporte
Google loses 'right to be forgotten' case - BBC News
Explaining the decisions made on Friday, the judge said one of the men had continued to "mislead the public" while the other had "shown remorse".
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april 2018 by leolaporte
The Facebook Current – Stratechery by Ben Thompson
SB: Well here is my reservation Mr. Zuckerberg…we’ve seen the apology tours before. You have refused to acknowledge even an ethical obligation to have reported this violation of the FTC consent decree, and we have letters, we’ve had contacts with Facebook employees…that indicates not only a lack of resources but lack of attention to privacy. And so, my reservation about your testimony today is that I don’t see how you can change your business model unless there are specific rules of the road. Your business model is to monetize user information, to maximize profit over privacy, and unless there are specific rules and requirements — enforced by an outside agency — I have no assurance that these kinds of vague commitments are going to produce action.
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april 2018 by leolaporte
This Radio Hacker Could Hijack Emergency Sirens to Play Any Sound | WIRED
On Tuesday, security firm Bastille, where Seeber works as director of vulnerability research, went public with his discovery that the emergency siren equipment sold by Boston-based ATI Systems in all three cities Bastille tested lacked the basic encryption necessary to prevent any prankster or saboteur from commandeering the system. In San Francisco, Wichita, Kansas, and another city that Bastille declined to name, Seeber was able to read and fully reproduce the transmissions to those siren systems. By bouncing that signal through a repeater near the center of each city's network, Seeber believes he could have gained control over the citywide collection of sirens, each one capable of pumping out as much as 135 decibels, according to Bastille's estimates, more than the noise of four jackhammers combined.
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april 2018 by leolaporte
Over 80% of teenagers prefer iPhone to Android, according to survey - Business Insider
82% of teens of teens currently own an iPhone, according to Piper Jaffray's "Teens Survey," which questions thousands of kids across 40 states with an average age of 16.

That's up from 78% in last fall, and it's the highest percentage of teen iPhone ownership Piper's seen in its survey.

iPhone ownership among teens could go even higher — 84% of teens say their next phone will be an iPhone.
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april 2018 by leolaporte
Twitter endorses the Honest Ads Act, a bill promoting political ad transparency | TechCrunch
In a series of tweets from its public policy account, Twitter just announced its decision to back the Honest Ads Act, a piece of legislation introduced last year as a response to mounting evidence that Russia leveraged domestic social media platforms in an attempt to influence U.S. politics during the 2016 presidential election.
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april 2018 by leolaporte
Vevo’s YouTube account hack hits popular music videos, causes biggest video ever to disappear - The Verge
Vevo’s YouTube account appears to have fallen victim to hackers today, as a number of high-profile music videos have been defaced. The most-viewed YouTube video of all time, Luis Fonsi and Daddy Yankee’s “Despacito,” disappeared from YouTube briefly after being defaced by hackers. The video’s image was altered and replaced with a masked gang holding guns (from Netflix show Casa de Papel), and the description was changed by hackers calling themselves Prosox and Kuroi’sh.
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april 2018 by leolaporte
George Bush driving crowd - YouTube
One voice, many faces. Real fakes are here.
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april 2018 by leolaporte

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