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Real Estate
Artificial Intelligence

Mastermind of lottery fraud faces 25-year prison sentence

DES MOINES, Iowa (AP) — For a decade, computer programmer Eddie Tipton reliably showed up for work at the central Iowa office of the Multi-State Lottery Association and earned the confidence of his co-workers, a team of technicians entrusted to build computers used to randomly pick numbers for some …

Corruption

Tech’s Damaging Myth of the Loner Genius Nerd

The Google engineer who was fired last week over his memo wrote that most women were biologically unsuited to working in tech because they were more focused on “feelings and aesthetics than ideas” and had “a stronger interest in people rather than things.”<p>Many scientists have said he got the …

Silicon Valley

Facebook worker living in garage to Zuckerberg: challenges are right outside your door

As the Facebook CEO travels across the US to ‘learn about people’s hopes and challenges’, the cafeteria workers at his company struggle to make ends meet<p>Mark Zuckerberg’s travels throughout the United States to fulfill his 2017 “personal challenge” to “learn about people’s hopes and challenges” …

Silicon Valley

Bixby reportedly delayed in the US due to lack of data

Hey Bixby, cancel my anticipation<p>Samsung has already missed its deadline to launch a full version of Bixby’s voice features in the US by spring. But according to a new report by <i>The Korea Herald</i>, the delay wasn’t caused by just linguistic issues of Bixby struggling to understand English. Samsung …

Bixby

Google Fined Record $2.7 Billion in E.U. Antitrust Ruling

Google suffered a major blow on Tuesday after European antitrust officials fined the search giant a record $2.7 billion for unfairly favoring some of its own services over those of rivals.<p>The penalty, of 2.4 billion euros, highlights the aggressive stance that European officials have taken in …

European Union

Russian Cyber Hacks on U.S. Electoral System Far Wider Than Previously Known

Russia’s cyberattack on the U.S. electoral system before Donald Trump’s election was far more widespread than has been publicly revealed, including …

Homeland Security

The 50 Largest Stashes of Cash Companies Keep Overseas

Circles sized by total cash & marketable securities ($B)<p>Percent held overseas<p>Percent held in the U.S.<p>98.6%<p>$41.9B<p>Johnson & Johnson<p>97.0%<p>$126.0B<p>Microsoft<p>…

Investing

How to Call B.S. on Big Data: A Practical Guide

“Nothing that you will learn in the course of your studies will be of the slightest possible use to you,” the Oxford philosophy professor John Alexander Smith told his students, in 1914, “save only this: if you work hard and intelligently, you should be able to detect when a man is talking rot.” …

University of Washington

16 High-Paying Jobs That Saw Some of the Biggest Pay Raises Over the Past 12 Months

Check out these roles, if you're looking for a raise.<p>Everyone wants a raise, not to mention good pay to start with.<p>The fact of the matter is, you’re …

Employment

Pittsburgh Welcomed Uber’s Driverless Car Experiment. Not Anymore.

PITTSBURGH — When Uber picked this former Rust Belt town as the inaugural city for its driverless car experiment, Pittsburgh played the consummate host.<p>“You can either put up red tape or roll out the red carpet,” Bill Peduto, the mayor of Pittsburgh, said in September. “If you want to be a …

Autonomous Cars

Hackers have just dumped a treasure trove of NSA data. Here’s what it means.

A group of hackers called the Shadow Brokers has just released a new dump of data from the National Security Agency. This is plausibly the most extensive and important release of NSA hacking tools to date. It’s likely to prove awkward for the U.S. government, not only revealing top-secret …

Surveillance
Silicon Valley

How Uber Used Secret Greyball Tool to Deceive Authorities Worldwide

SAN FRANCISCO — Uber has for years engaged in a worldwide program to deceive the authorities in markets where its low-cost ride-hailing service was resisted by law enforcement or, in some instances, had been banned.<p>The program, involving a tool called Greyball, uses data collected from the Uber app …

Uber

Supreme Court Presses Apple And Samsung On The Value Of Design

The legal battle between the world's two largest phone manufacturers may have broad implications for the future of patent law and innovation.<p>Several Supreme Court justices challenged Samsung's argument on Tuesday that the company should owe Apple less than $399 million for infringing on the design …

Hackers created a $30 DIY version of the EpiPen

The EpiPen is a potentially life-saving device for those with severe allergies or asthma. The problem is that it costs $600 in the US.<p>For those with or without respiration woes, the EpiPen represents what’s wrong with drug manufacturing nationally, namely high prices and manufacturer monopolies. …

Medicine

Diving Into the Andreessen Horowitz Disclosure Debate

I spent a decent portion of yesterday on Twitter, discussing venture capital fund performance, in the wake of a <i>Wall Street Journal</i> article that …

Venture Capital

Report: Apple Inc. May Tap Intel Corporation for Future A-Series Chip Manufacturing

Image source: Getty.<p>Just a few days ago, I penned a column speculating on whether smartphone giant <b>Apple</b> (NASDAQ: AAPL) would tap microprocessor specialist <b>Intel</b> (NASDAQ: INTC) for the manufacture of iPhone-bound applications processors at some point in the future.<p>According to a report from Nikkei, …

T-Mobile Is Giving Customers a Year of Free Data to Play Pokemon Go

There are few executives in telecommunications—or most other industries for that matter—who are better masters of free publicity than T-Mobile CEO …

T-Mobile

Startups have stopped asking for 'Herculean' amounts of money

But that has started to change, says GV (formerly Google Ventures) managing partner David Krane.<p>"First half of last year into the summer, it was very common for a series B entrepreneur to walk in and put their hand out and ask for $50 million or something Herculean like that," Krane told Business …

Startups

Toronto is poised to become the next great producer of tech startups

Josh Guttman Contributor<p>Josh Guttman is a partner at SBNY, formerly Softbank Capital.<p>More posts by this contributor:<p>The Impending Opportunity In Real Estate Technology<p>I’ve spent more and more time in Toronto over the past few years and learned there’s more to this city than Drake calling it home …

Startups
Silicon Valley

10-year-old kid finds flaw in Instagram, Facebook hands him $10k

A 10-year-old Finnish boy found a way to get Facebook CEO Mark Zuckerberg's attention.<p>According to Finland news site Iltalehti, the child named Jani (whose last name has been withheld) somehow managed to sneak into Instagram's servers (the company is owned by Facebook) and delete text posted by …

Social Media

Claude Shannon, the Father of the Information Age, Turns 1100100

Twelve years ago, Robert McEliece, a mathematician and engineer at Caltech, won the Claude E. Shannon Award, the highest honor in the field of information theory. During his acceptance lecture, at an international symposium in Chicago, he discussed the prize’s namesake, who died in 2001. Someday, …

GoDaddy's Head Tech And Cloud Guru Resigns To Join Google

GoDaddy’s head technology guru is leaving the building and going to Google.<p>The website hosting company revealed in a regulatory filing on Friday that …

GoDaddy

New data shows tech salary expectations are dropping

According to Woo, a company that helps pair developers and other tech workers with companies that may be able to offer them what they <i>really</i> want, things are changing in the industry. Most notably, salary expectations are down.<p>Comparing Q1 2016 to Q4 2015, Woo found the average expected salary has …

Apple's Sad Transformation Into 'The American Samsung'

Apple’s launch event on March 21st, and the subsequent roll-out of the hardware, continues a trend that has seen Cupertino move away from a single hero device to a bewildering range of devices trying to satisfy every part of the smartphone ecosystem.<p>The three major products were nowhere close to …

iPhone

Microsoft is investing millions in a $1 billion startup that rejected its acquisition offer

Today, Mesosphere is announcing a new $73.5 million "strategic" investment, led by Hewlett Packard Enterprise, and with Microsoft listed as a "significant participant."<p>That brings Mesosphere's total investment up to about $122 million, with a reported valuation of well over $1 billion, and Silicon …

Amazon Web Services