FCC’s Ajit Pai is Surrounded By a ‘Set of People With a Very Traditional Mindset’, Says Sir Tim Berners-Lee

Next Monday the web celebrates its 29th birthday. Ahead of it, Sir Tim Berners-Lee spoke with BBC on a wide-range of topics. An excerpt: In Barcelona last week at the Mobile World Congress I heard FCC boss Ajit Pai mount a robust defence of the move, pointing out that the internet had grown and thrived perfectly well in the years before 2015, when the net neutrality provision came in. “He…

March 9, 2018
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Experts: US imports to decline later this year if trade war starts

The Port of Los Angeles. Photo credit: Shutterstock.com. Containerized imports this month will decline slightly from March 2017, but even bigger drops could occur later this year if the United States becomes embroiled in an international trade war following the imposition of stiff tariffs on steel and aluminum. This warning in the… Source: http://www.joc.com

March 9, 2018
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Palantir and Raytheon win a decade-long $876M army contract; Palantir won a lawsuit over the army’s bidding practices before the contract was awarded (Lizette Chapman/Bloomberg)

March 9, 2018

Lizette Chapman / Bloomberg: Palantir and Raytheon win a decade-long $876M army contract; Palantir won a lawsuit over the army’s bidding practices before the contract was awarded  —  Billionaire investor Peter Thiel got a fresh victory in Washington.  His data-mining startup, Palantir Technologies Inc. … Source: http://www.techmeme.com

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China’s Alibaba is Investing Huge Sums in AI Research and Resources — and It Is Building Tools To Challenge Google and Amazon

Alibaba is already using AI and machine learning to optimize its supply chain, personalize recommendations, and build products like Tmall Genie, a home device similar to the Amazon Echo. China’s two other tech supergiants, Tencent and Baidu, are likewise pouring money into AI research. The government plans to build an AI industry worth around $150 billion by 2030 and has called on the country’s researchers to dominate the field by…

March 9, 2018
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In a Remarkable Turn of Events, Hackers — Not Users — Lost Money in Attempted Cryptocurrency Exchange Heist

The hackers who attempted to hack Binance, one of the largest cryptocurrency exchanges on the Internet, have ended up losing money in a remarkable turn of events. It all began on Thursday, when thousands of user accounts started selling their Bitcoin and buying an altcoin named Viacoin (VIA). The incident, BleepingComputer reports, looked like a hack, and users reacted accordingly. But this wasn’t a hack, or at least not your…

March 9, 2018
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Bitcoin and ICOs are in 1999-like bubble; they’ll crash but will produce the next Google and Facebook and all the great and scary things the internet gave us (Paul Ford/Bloomberg)

March 9, 2018

Paul Ford / Bloomberg: Bitcoin and ICOs are in 1999-like bubble; they’ll crash but will produce the next Google and Facebook and all the great and scary things the internet gave us  —  The true believers won’t stop until they’ve remade the world.  Some of it will be thrilling.  Some of it will keep us up at night. Source: http://www.techmeme.com

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