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German Consumer Finance Darling Kreditech Raises $110 Million in a Series C Funding Round
Kreditech, an online consumer finance startup that loans money to unbanked borrowers with little or no credit rating, is mining $110 million in a Series C round of funding. About $44 million of it is financed by Peter Thiel, famed entrepreneur and venture capitalist who discovered Facebook, Palantir and many others. Similar such buoyed fintech startups like WorldRemit, Funding Circle, and TransferWise are raising large rounds of fundings, and increasing mergers and acquisitions pointing toward an imminent disruption of the traditio...
Algorithmia Created an Algorithm that Detects Graphic Nudity Online
It’s a tough life being an internet police, online moderator that is. Spending cold, dewy mornings to insomniac nights in rotas of hourly shifts staring at the computer that soothingly chimes as more and more comments appear in the thread. Being genned up on private conversations, tiffs, suicide-related posts, spamming, harassment, hate speech, commercial solicitations, threats, and even the dark, inane side of online networking. What happens on the dark side is something you’ll never see, but occasionally catch a rare glimpse of it w...
102 US Cities Pledge to Deliver Reliable, Gigabit Speed Internet in the U.S.
Let’s face it: America is facing a rather complicated hiccup: its sluggish internet service. Its broadband infrastructure is quite antediluvian, a little overpriced compared to that of other countries, and a lot of this, perhaps, is because it’s commitment to staying in favor of telecommunication companies that rip us off our money in return for a bog-standard internet speed. Downloading a HD movie takes about seven seconds in Tokyo, Hong Kong, Seoul, Zurich, Paris and Bucharest, and people pay as little as $30 a month for that con...
WhatsApp rolls out new user-friendly features for its Web Version
Facebook owned instant messaging app, WhatsApp has updated its web interface that was launched earlier this year in January, to include a handful of new features that enable increased control over your chats and group conversations that take place on your browser. WhatsApp on Web, the browser version, that allowed users to carry out WhatsApp chats via a desktop or laptop had major setbacks and was pretty-much simplistic. The newly added features will help users use more options, such as editing their profile photo and status mes...
IBM Unveils World’s Most Powerful Chip Ever Created
IBM Research announced the most powerful chip ever created - the world’s first fully-functional 7 nanometer chip, with roughly four times the capacity of today’s most powerful chips. Relatively, competitors like Intel have been struggling for years to shrink their consumer chips down below 14-nanometers. The world’s largest semiconductor chip maker is making Herculean efforts to commercialize 10-nanometer chips. The research advance was made using silicon-germanium instead of pure silicon in major regions of the molecular-si...
Comic Con 2015: ‘Warcraft’ movie premiers in Virtual Reality
The frenzied, pop-culture jamboree ‘San Diego Comic Con’ in downtown San Diego has literally evolved over the years into a stupendous spectacle of comic books, film, television, video games, products and now virtual reality - but only this time taking you into the action-packed, epic-fantasy world of Azeroth. At the preview night for Comic Con 2015, and Legendary Pictures virtual reality made a debut by announcing a virtual reality tryst with Google. People sweating in lines to see a couple of film clips and stars got a rare glimps...
Hacking Team Exposed, Another Nail in the Coffin of Privacy?
On July 5, 2015 an anti-surveillance crusader blazoned a ginormous, 400 gigabyte chunk on Bit Torrent of internal documents from the mysterious Italian surveillance firm Hacking Team on the company’s official Twitter feed. Five days after suffering the massive attack, the security firm is still scrimmaging to cap the damage and figure out how exactly the perpetrators racked up the data breach. The anonymous hacker hijacked HT’s official Twitter account and continued to post screenshots of email communications, client lists – includ...
3Dponics introduces 3D Printable Hydroponics System for Growing Marijuana
Marijuana legalization is inevitable. Twenty-three states and the District of Columbia have liberalized marijuana laws already. While Colorado and Washington state are taking a more traditional approach by establishing ‘regulated markets’, Washington, D.C. is condemning it with a new system “grow and give”. It means that ‘potrepreneurs’ hoping to cash in on the reefer rush, have to rely on ‘gift economy’ where they’re allowed to grow Mary Jane, smoke it, and give it away – but, not cash in on it. Heck, growing pot is tricky, if you...
Warming up for Love of Poetry & Machine Intelligence
Breathe in Data, Breathe out Poetry? This is the future of poetry. Data as the birthing ground for grand, extravagant, allegorical verses written by robots. Yes, it is. Dartmouth’s Neukom Institute for Computational Science will be holding three Turing Tests in Creativity that will benchmark the "humanness" of machine-generated verse, writing and, DJ sets. The competition will be held all through the next academic year and will be open to contestants around the globe. The competition hinges on British computer pioneer and cod...
A new Chrome Bug makes Web Spoofing of Twitter, Facebook as easy as pie
The nasty cat-and-mouse game between cybercriminals and their guileless targets is getting abominably nasty. Cybercriminals are getting better and better at ducking firewalls and antivirus programs. A legion of hackers are turning to ransomware, planting virus-loaded ads on legitimate sites, while others potentially harness their efforts in exploiting lame bugs in the webiverse. Lame, you say? It’s still worrisome. Security researchers have found a bug in Google’s Chrome browser which allows a website to masks its address, pretendi...