Tuesday, November 19, 2019

Platforms

A new disruptive technology is on the horizon and it promises to take computing power to unprecedented and unimaginable heights. And to predict the speed of progress of this new “quantum computing” technology, the director of Google’s Quantum AI...
The Federal Trade Commission issued its largest-ever fine, of US$5 billion, to Facebook for violating a 2011 privacy settlement in late July. But the amount is only about a month’s worth of the company’s revenue, suggesting that the fine, while seeming large, is,...
Viral photo app FaceApp has taken the world by storm. Launched in 2017, the app has recently enjoyed mass popularity due largely to Hollywood celebrities posting their humorous edited pictures online. FaceApp uses “neural network” artificial intelligence technology to alter people’s faces with various filters. Users...
TikTok is one of the fastest growing social media platforms on the planet, with more than 500 million active users. Only YouTube, Facebook and Instagram boast more. TikTok allows users to create short videos with music, filters and other features. But...
Amid the hype around Facebook’s plan to launch its own cryptocurrency, Libra, there’s one big question. How is the company going to profit from it? The project relies on developing blockchain technology. But blockchain’s whole raison d'être is to challenge...
Just 12 hours after Uber’s service became available in the Argentine capital, Buenos Aires, taxi industry representatives took the company – and the city’s administration – to court. The case was similar to those faced by the company in...
A quarter of a century ago, on July 5, 1994, a company, which shared a name with the world’s largest river, was incorporated. It sold books to customers who got to its website through a dial-up modem. It wasn’t the first...
Cryptocurrencies have become a global phenomenon in the past few years. Now Facebook is launching it’s own cryptocurrency, in association with Visa, MasterCard, Uber and others. The stated aim of Libra is to “enable a simple global currency and financial infrastructure...
The UN recognises 180 currencies worldwide as legal tender, all of them issued by nation states. It does not recognise cryptocurrencies like bitcoin in this way, even if communities of enthusiasts have been treating them as a means of exchange for...
It’s a simple building. A shed, really. You can’t go inside, and even if you could, there’s nothing in there. For decades it was derelict, an eyesore to which locals paid little attention. But this humble boat shed, on the...

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