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Archive for the ‘business’ category: Page 312

Jan 28, 2014

What Is DeepMind? The Artificial Intelligence Firm Bought By Google

Posted by in categories: business, computing, robotics/AI

By — International Business Times
DeepMind Google Acquisition Goog AI Artificial Intelligence Robots

Google (NASDAQ:GOOG) confirmed that it purchased DeepMind on Monday. The Mountain View, Calif.-based company reportedly paid upwards of $500 million for the artificial intelligence (AI) firm.

So what is Google getting for its half a billion? A company that’s very good at making computers that think and act as humans do. DeepMind has not yet developed any commercial products. Its main asset appears to be its personnel, including dozens of experts in machine learning, a branch of AI that attempts to teach computers to think like humans. It’s best-known project was a computer system it taught to master Atari video games.

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Jan 20, 2014

eBay UK to allow Bitcoin sales in ‘virtual currency’ category

Posted by in categories: bitcoin, business
It seemed like it was only a matter of time before e-commerce giant eBay and its payment platform PayPal addressed the sale and use of Bitcoin on its sites. And, despite concern from government regulators, it appears the company believes in virtual currencies — so much so, that it will soon start allowing their sale on its UK site.

Last week, PayPal President David Marcus tweeted “To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don’t support any currency txn whether fiat or BTC… for a host of regulatory issues. But we treat BTC and any FX txn the same way. We’re believers in BTC though.”

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Jan 16, 2014

NBA’s Sacramento Kings cash in on Bitcoin

Posted by in categories: bitcoin, business, entertainment

— CNN Money

sacramento kings action

Bitcoin just got another cheerleader.

The Sacramento Kings NBA team just became the first major professional sports franchise to accept Bitcoin, according to an announcement from payment processor BitPay.

Continue reading “NBA's Sacramento Kings cash in on Bitcoin” »

Jan 11, 2014

Burritobox Joins Growing Number of Fast-Food Making Robots

Posted by in categories: business, food, robotics/AI

Written By: — Singularity Hub

burritobox-burrito-robot

Box Brands has launched the first-ever burrito-making robots at two locations on Santa Monica Boulevard — inside Mobile and 76 gas stations.

The orange Burritobox offers 6 types of burrito, including a breakfast burrito, and several sauces. The customer selects the burrito desired and which sauces from a touch-screen menu, then swipes a credit card. One minute later, the machine dispenses a hot “hand”-rolled burrito.

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Jan 9, 2014

Intel Aims For Post-Smartphone Era With SD Card-Sized Computer

Posted by in categories: business, computing, human trajectories, innovation

Written By: — Singularity Hub

krzanich_quark-banner

Up to now, wearable computing has been a niche market dominated, but for Google Glass, by startups. Yet, with the tiny size and low cost of sensors and chips, wearable computing could be a huge market in which smart sensors in everything from baby diapers to workout gear connect to users’ smartphones, giving them constant insight into how things formerly hidden are operating.

It may sound like yet another techno-topian promise, and before the 2014 Consumer Electronics Show it might have been. But at the annual Las Vegas tech blowout earlier this month, Intel, one of the weightiest firms in the tech industry, endorsed wearable computing with the launch of a new chip designed for it.

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Jan 9, 2014

The Bitcoin-Mining Arms Race Heats Up

Posted by in categories: bitcoin, business, computing, economics, hardware


Behind this week’s coverJoel Flickinger’s two-bedroom home in the hills above Oakland, Calif., hums with custom-built computing gear. Just inside the front door, in a room anyone else might use as a den, he’s placed a desk next to a fireplace that supports a massive monitor, with cables snaking right and left toward two computers, each about the size of a case of beer. Flickinger has spent more than $20,000 on these rigs and on a slower model that runs from the basement. They operate continuously, cranking out enough heat to warm the house and racking up $400 a month in electric bills. There isn’t much by way of décor, other than handwritten inspirational Post-it notes:

“I make money easily,” one reads. “Money flows to me.” “I am a money magnet.”

Flickinger, 37, a software engineer and IT consultant by trade, doesn’t leave the house much these days. He’s a full-time Bitcoin miner.

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Jan 9, 2014

We Do Not Need Flying Delivery Drones, Just Smarter Ground Robots

Posted by in categories: business, complex systems

By John O’Donnell — IEEE Spectrum

While the idea of an Amazon Prime Air drone dropping onto my doorstep and delivering my latest purchase might seem fun and cool, the reality is it simply may not be needed.

The only reason delivery trucks—such as the large brown trucks we see everywhere—only deliver to me around 4 p.m. each day is simply the time taken for one driver to take each parcel to an address. I call this one at a time parcel delivery. It’s the same story for the USPS service. Each day our excellent delivery guy comes to our neighborhood and then spends a long time going door to door.

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Jan 4, 2014

Zynga Links Up With BitPay For A Bitcoin Payment Test In FarmVille 2, CityVille And Other Web Games

Posted by in categories: bitcoin, business

by — Tech Crunch

Gaming giant Zynga has started to accept the cryptocurrency as a payment option for those buying tokens for virtual goods on the web versions of FarmVille 2, CastleVille, ChefVille, CoasterVille, Hidden Chronicles, Hidden Shadows and CityVille. It makes Zynga the first major gaming company to accept Bitcoin.

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Jan 3, 2014

Hey, Elon and Sergey, did you see these SpaceGlasses?

Posted by in categories: 3D printing, augmented reality, business, engineering, futurism, human trajectories

By 3D Printing Industry

http://youtu.be/LuMv29nKo2k

Two-thousand-and-fourteen is already looking like a great year for 3D creativity. Assembled 3D printers are coming out priced at under 500 euros, new low-cost high-quality 3D scanners are launching and, if that weren’t enough, the first SpaceGlasses are going to be delivered in July.

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Jan 2, 2014

World’s biggest pasta maker wants restaurants to 3D print your food — with their cartridges

Posted by in categories: 3D printing, business

By — Geek

pasta head

3D printing is attractive to a lot of different people for a lot of different reasons, but in general its supporters talk about the economic and efficiency benefits; it can build things faster and easier than competing methods, bring down manufacturing costs and remove the need for large amounts of international shipping. That’s usually what you hear in defense of 3D printing — but now, Italian food corporation Barilla is looking to 3D print their art.

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