S New Self-Learning Chip Promises to Accelerate Artificial Intelligence. By Dr.
Michael Mayberry Imagine a future where complex decisions could be made faster and adapt over time. This VR cycle is dead. Millions of Americans donned a wacky-looking headset to get a glimpse of a different reality this week.
No, not a virtual reality headset — these people were looking up at the sky through protective goggles to witness a total eclipse of the sun which cut a shadowy swathe across middle America. And while some 160 million Americans were intending (said CNN) to watch the rarely-glimpsed solar spectacle in some shape or fashion, be it in person donning protective glasses (hopefully), or casting shadows through pinholes pierced in cardboard, or eyeing TV commentary, or via one of the many eclipse livestreams available online, the VR industry could only stand on the sidelines and marvel at such impressive viewing figures.
Because virtual reality is having a moment — a bad one, not basking in any much sun. The bald fact that neither HTC nor Facebook/Oculus has released sales figures for their respective VR headsets speaks volumes. But by June that figure had merely drifted past 1M. This VR cycle is dead. Why Everyone Missed the Most Mind-Blowing Feature of Cryptocurrency. Researchers shut down AI that invented its own language. Hey Facebook visitor!
We're seeing a lot of traffic on this article right now. Clearly AI is of interest. When you're done reading this, check out 👉 this article. The observations made at Facebook are the latest in a long line of similar cases. In each instance, an AI being monitored by humans has diverged from its training in English to develop its own language. Soundcloud Isn't Dead Yet, But Its Greatest Legacy Could Soon Be. How SoundCloud Ended Up on the Brink of Disaster. Eleven years ago, when Alexander Ljung and Eric Wahlforss met as students at Sweden's KTH Royal Institute of Technology, they had three things in common: They were obsessive music geeks; they used Macintosh computers; and they felt MySpace was bloated and overly complicated, especially for musicians.
In 2008, the duo launched SoundCloud, a nimble, easy-to-use platform for artists to share new tracks instantly -- and within months, Beck, Sonic Youth and Moby were on it, helping spread the service to 160,000 users. Now reaching 175 million users globally, SoundCloud continues to drive music culture, helping break hits like Desiigner's "Panda" and spawning a grassroots, youth-oriented wing of hip-hop known as "SoundCloud rap. " But due to a series of missteps, the German-based outfit is on life support, announcing 173 layoffs, drastic cost-cutting and consolidation of its offices into Berlin and New York on July 6. Soon, artists began to complain. A hacker stole $31M of Ether — how it happened, and what it means for Ethereum.
Yesterday, a hacker pulled off the second biggest heist in the history of digital currencies.
Around 12:00 PST, an unknown attacker exploited a critical flaw in the Parity multi-signature wallet on the Ethereum network, draining three massive wallets of over $31,000,000 worth of Ether in a matter of minutes. Given a couple more hours, the hacker could’ve made off with over $105,000,000 from vulnerable wallets. But someone stopped them. We are interested in hottest areas of tech: Nokia CEO.
From making LTE-based drones that can save people from drowning to developing T-shirts that can predict tumours in humans, Finnish company Nokia has come a long way from being just amobile phone giant.
In an interview with TOI, Rajeev Suri, president & CEO of Nokia -who led the company through a series of major transformations including the 15.6 billion euro acquisition of Alcatel Lucent, the divestment of HERE, the acquisition of digital health company Withings -talks about the 150-year-old company's goals in areas of networks, the Internet of Things (IoT), virtual reality (VR), digital healthcare and mobile phones. Excerpts: In most markets, Nokia is synonymous with phones.With new direction the company has taken, how would you best define Nokia in one sentence? We create the technology to connect the world. We are a large network company and not restricted to just the telecom space. The end of the internet startup. Silicon Valley is supposed to be a place where a couple of guys in a garage or a dorm room can start companies that change the world.
It happened with Apple and Microsoft in the 1970s, AOL in the 1980s, Amazon, Yahoo, and Google in the 1990s, and Facebook in the 2000s. But the 2010s seem to be suffering from a startup drought. People are still starting startups, of course. But the last really big tech startup success, Facebook, is 13 years old. Until last year, Uber seemed destined to be Silicon Valley’s newest technology giant. Facebook: 10-Year Master Plan. SoundCloud only has enough money to last 50 days according to reports. The streaming platform denies the report in TechCrunch, after laying off 40% of its staff last week.
SoundCloud only has enough money to keep running for another 50 days, according to a report from TechCrunch. The report comes in the wake of massive layoffs at the music streaming company last week, when it terminated the contracts of 173 staff members across the world – 40% of its workforce. According to SoundCloud sources close to TechCrunch, company founders Alex Ljung and Eric Wahlforss admitted that the layoffs have only saved the business enough money to last “until Q4”, which begins in 50 days. When SoundCloud was reached for comment by TechCrunch, the response was a reiteration of Ljung’s official statement from last week. When presented with the leaked information, a representative insisted it was “fully funded into Q4”, but that it was also in talks with potential investors.
There’s No Money in Internet Culture. Earlier this month, Verizon completed its acquisition of Yahoo, incorporating the internet-portal pioneer’s slate of brands under a new umbrella corporation named, ominously, Oath.
Among those Yahoo brands is the website Tumblr, a blog-based social network that you either know well to the point of obsession, or find completely incomprehensible. As Verizon completed its acquisition, a number of Tumblr employees, as well as those at other Verizon-owned properties, like the Huffington Post, were laid off. China Becomes First Country in the World to Test a National Cryptocurrency.
In Brief China's central bank has developed its own cryptocurrency, which is now being tested.
Cryptocurrencies have the potential to not only benefit China, but the rest of the world, due to their basis in blockchain. Benefits of Digital Currency China’s central bank — the People’s Bank of China — has developed a prototype of a cryptocurrency that it could end up in circulation in the near future. Vlogit.fi – Lista vloggaajista ja videoblogeista, yli 500 vlogia! Singa, a startup out of Helsinki, scores €1.75M seed round to build the ‘Spotify of karaoke’ I have an aversion to karaoke after the band I used to play in was entirely upstaged at a gig by a karaoke machine, but, as pastimes go, it remains a huge market. And where markets are big, startups like to go. Enter Finland’s Singa, which is building a digital karaoke service that, in its own words, wants to do for karaoke what Spotify has done for music. The Helsinki-based company has recently scored €1.75 million in seed funding led by Initial Capital, with participation from Tamares Holdings, Superhero Capital, Reaktor Ventures and Tekes.
“Over my 10 years in the karaoke industry running Karaoke World Championships, I worked with big and small karaoke companies all over the world, from Asia to the U.S., and gained insight into the industry and saw that while most other entertainment media were moving towards streaming, karaoke was still stuck in the 90s,” Singa co-founder and CEO Atte Hujanen tells me. VR startups go into cockroach mode to survive barren consumer market.
The VR industry continues to ride out the trough of disillusionment, prodded by the big tech players like HTC that hope to jumpstart a market that is ultimately driven by genuine and organic consumer demand, but there’s no sign of this actually happening. There might be some traction that pundits base their optimistic forecasts on, but hardly any of that is organic. Rather, it’s a reflection of massive marketing dollars at play. Meanwhile VR startups with products or services that depend on consumer demand appearing sooner rather than later are left in an awkward position. “The VR market is still very young and consumers seem to be taking a cautious approach,” Jitesh Ubrani, senior research analyst at IDC told MarketWatch this week. Best way for musicians & bands to get sustainable income and connect with fans.
Insights - App Annie. World Internet Users Statistics and 2016 World Population Stats. Internet Top 20 Countries - Internet Users 2016. Global Digital Media - Advertising and Digital Marketing Trends and Statistics The advertising scene has undergone radical change and is still changing. With profits down between 5% and 10% on an annual basis, the performance of the traditional advertising market is under constant pressure. Data analytics is exposing the weakness of these traditional advertising business models and, like all of the other sectors affected by the digital economy, this means that these business models need to change.Internet Governance and Net Neutrality Insights The report analyses the developments regarding governance of the Internet and draws on developments from the World Conference on International Telecommunications (WCIT) and provides a case study on developments in the US in regards to net neutrality. 156 Startup Failure Post-Mortems.
No survivorship bias here. A compilation of startup failure post-mortems by founders and investors. On his many failed experiments, Thomas Edison once said, Facebook’s Mark Zuckerberg: Augmented Reality on mobile is the future. Facebook Q2 results: Mark Zuckerberg says they will be investing in Augmented Reality. Facebook’s second quarter results are now out with the company’s revenue clocking in at $6.44 billion, and the social network’s user base standing at 1.71 billion monthly active users. In the earnings call, Facebook CEO Mark Zuckerberg also revealed some interesting insights on what the company is doing with Augmented and Virtual Reality.
Facebook owns Oculus VR which has created the Oculus Rift headset that went on sale earlier this year. Zuckerberg revealed in the earnings call that more than 1 million people (per month) use Oculus on mobile phones thanks to Samsung-Oculus Gear VR headset. Samsung’s Gear VR headset is powered by Oculus software, and users need an Oculus account to get the VR experience via their smartphones. Europe's Startups Are On The Map: The Most Well-Funded Tech Startups In Every European Country. Articles by KPCB Partners. The Most Active AR/VR VCs And Their Investments In One Infographic. 156 Startup Failure Post-Mortems.