World content from The Stack

Bitcoin firms to pay $10 million for Ponzi scheme

The U.S. District Court has issued a final judgement against two Connecticut-based bitcoin mining companies, ruling that each was run as a Ponzi scheme. GAW Miners and ZenMiner must each pay $10.3 million in disgorgement and prejudgment interest, in addition to a civil penalty of $1 million. Both GAW Miners and ZenMiner were founded by… Read More

Waymo testing self-driving semi trucks

Alphabet Inc.’s Waymo is currently testing self-driving trucks, putting the company’s autonomous hardware and software to the test in a Class-8 semi on a private track in California. Road tests are expected to follow later this year in Arizona, although a spokesperson declined to comment on the specific location or timing of the trials. The… Read More

Blockchain payments platform introduced in Dubai

Joint backing from the Smart Dubai Office and Avanza Solutions has resulted in a new payments platform to be rolled out in the city A new payments platform based on blockchain technology is being introduced in the city of Dubai. The announcement was made by FinTech consulting and development firm, Avanza Solutions, and is partnered… Read More

Australian consumers seek legal remedy from Apple

An Australian consumer watchdog has started legal proceedings against Apple over claims that the company refused to service devices that had been repaired by a third party. Proceedings were brought against Apple Australia and U.S. parent company Apple Inc. on behalf of 275 different customers, who claim that Apple routinely refused to examine and/or service… Read More

Drone navigation possible in GPS-free environment using Google Maps

A team of researchers from the National University in Singapore created a framework to navigate drones in a GPS-denied environment using Google Maps. The team was able to use Google Maps to create geo-referenced navigation for unmanned aerial vehicles (UAVs) in a flight where GPS is unavailable to the drone pilot. The issue with tracking… Read More

Xiaomi lines up $500 million for Indian investment

Chinese smartphone company Xiaomi has announced plans to channel $500 million into its Indian operations over the course of 2017, in an effort to reclaim lost ground in market share in the country.co-founder Lei Jun explained that after an initially positive reception the brand wants to bolster its presence in the country. Co-founder Lei Jun… Read More

Hyundai union requests job security against robots

The South Korean union for automaker Hyundai has formally requested that jobs be protected against the introduction of robotics and artificial intelligence at manufacturing facilities. In a newsletter to members, the union addressed concerns that automotive manufacturing jobs are at risk due to technological advances, which include automating specific functions with robots, possibly controlled by… Read More

Trolling and fake news here to stay for next 10 years, experts say

Fake news, trolling and online harassment are set to continue at pace with drastic implications for the future state of the internet, according to a new study from Pew Research Center and Elon University. The large-scale study, conducted by the university’s Imagining the Internet Center, surveyed technology experts, scholars, corporate practitioners and government leaders over… Read More

iTunes now rejects apps with price data in title

The iTunes Connect service will no longer allow developers to include pricing information in the metadata for an app that is submitted to the App Store for sale. Applications that are submitted by developers for sale on the App Store and Mac App Store will now be rejected should they include reference to pricing, including the… Read More

Viewers of entertainment TV more likely to vote for populist candidates

A study of Italian TV watchers has found a direct correlation between exposure to televised light entertainment and likelihood to vote for populist candidates. The study, which used data from several different elections, found that support for the Italian populist party Forza Italia was greater in municipalities that had early access to Mediaset, which at the… Read More

An AI algorithm to fight the new ‘hate codes’ of the alt-right

Researchers have used machine learning to develop the capability to identify online hate speech hiding behind ‘hate codes’ – which substitute some of the most common words on the internet for some of the most offensive. In the paper Detecting the Hate Code on Social Media, three researchers from the University of Rochester, led by… Read More

Adobe develops AI-driven approach that could end the age of the ‘green screen’ in movies and VR

Researchers at Adobe have collaborated with the Beckman Institute for Advanced Science and Technology to develop a new system, based on deep convolutional neural networks, which can extract foreground content from its background intelligently and accurately – and with no need for the blue/green-screen techniques which have dominated cinema for nearly a century. The paper… Read More

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