13 May 2015

Blockchain technology spells the end of middlemen

“It’s called the blockchain, the technology that underlies the crypto­currency bitcoin. A blockchain is essentially a transaction ledger, much like the record-keeping systems employed by conventional financial firms, such as banks. Traditional ledgers are owned and maintained by one institution, and access to them is restricted to prevent tampering. A

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09 May 2015

China Preparing for Drone Warfare

“China’s military plans to produce nearly 42,000 land-based and sea-based unmanned weapons and sensor platforms as part of its continuing, large-scale military buildup, the Pentagon’s annual report on the People’s Liberation Army (PLA) disclosed Friday. China currently operates several armed and unarmed drone aircraft and is developing long-range range unmanned

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13 Apr 2015

DARPA creating software that won’t need upgrades for a century

“Software upgrades and outdated applications that don’t work on new platforms are just a fact of life for people who use computers and other devices. DARPA, however, wants to change that by making software systems that can run for over a century without getting updates from their developers and despite

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10 Apr 2015

Artificial Intelligence Isn’t a Threat—Yet

“A more immediate concern is that a machine doesn’t have to be superintelligent to do a lot of damage, if it is sufficiently empowered. Stock market flash crashes are one example: Hundreds of millions of dollars have been lost in minutes as a result of minor, difficult-to-completely-eliminate bugs. The clear

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09 Apr 2015

AWS Wants To Put Machine Learning In Reach Of Any Developer

“The Amazon Machine Learning service is designed to give developers without machine learning background the tools to build smart, data-driven applications that can not only analyze what’s happening in real time or what happened in the past, but also predict what’s going to happen in the future (and that’s what’s most

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06 Apr 2015

BlackBerry Messenger Plays a Starring Role in a Brazil Corruption Scandal

“Brazilian prosecutors have relied heavily on confessions from company insiders to expose an alleged graft ring at Petróleo Brasileiro. But there was another crucial ingredient: thousands of instant messages that alleged wrongdoers sent each other via BlackBerry Messenger, or BBM. Those communications helped local authorities make connections between suspected money

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06 Apr 2015

Cellphones for Women in Developing Nations Aid Ascent From Poverty

“Here is what life is like for a woman with no bank account in a developing country. She keeps her savings hidden — in pots, under mattresses, in fields. She constantly worries about thieves. She may even worry about her husband taking cash she has budgeted for their children’s needs.

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06 Apr 2015

Turkey blocks Twitter, YouTube over hostage photos

“A Turkish court has ordered blocks on Twitter and YouTube for sharing photos of a hostage taken during an armed siege last week. The blocks have been imposed because images of a deadly siege were being shared via the social networks. In the siege two gunmen reportedly from a far-left

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03 Apr 2015

How Microsoft’s using big data to predict traffic jams up to an hour in advance

“The Traffic Prediction Project is setting out to crunch all traffic data, including historical numbers where available, from transport departments, road cameras, Microsoft’s Bing traffic maps, and even drivers’ social networks, to see if established patterns can help foresee traffic jams from 15-60 minutes before they happen.” Source: How Microsoft’s

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13 Feb 2015

Terrorism Finance Trackers Worry ISIS Already Using Bitcoin

“At a recent forum that brought together government officials and bitcoin entrepreneurs to discuss the future of the cryptocurrency, paeans to the protocol’s efficiency mingled with law enforcement’s concerns about it.  Jennifer Shasky Calvery, head of the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN), which is charged with fighting money laundering

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