Is Decentralization a Threat to Amazon?

Amazon is a world dominator and has slowly transformed into a multi-industry overlord since its 1994 inception as a used book marketplace. CEO Jeff Bezos wields his influence in many areas, and entire US states compete for his company’s next warehouse location by offering tax credit deals. Even established industry giants fearfully anticipate his next acquisition. Recently, the company took control of Whole Foods, and the entire retail grocery market suffered prolonged stock value declines.   Amazon is truly a force of centralization,…

"Is Decentralization a Threat to Amazon?"

Hey Advertisers: The Data-Mining Emperor Has No Clothes

Authored by Charles Hugh Smith via OfTwoMinds blog, When a big advertiser pulls its online adverts and its sales remain unchanged, that tells everyone who's paying attention something important. It's an article of widespread faith that data-mining enables advertisers buying online adverts to target consumers with laser-like precision. Vast warehouses of servers grind through billions of records of consumer profiles and transactions and with a bit of algorithmic magic, distill all this data down to…

"Hey Advertisers: The Data-Mining Emperor Has No Clothes"

NYC Government Employee Busted Mining Bitcoin On Work Computer

Mining bitcoins is a notoriously electricity-intensive process better suited for areas where resources are subsidized by the government (like the mountainous Northern China, where a cluster of some of the world’s largest mining pools are located), or are at least exceedingly cheap. Cities like New York, are, of course, not ideally suited for the task of mining. But then again, if you’re not paying for the electricity, then it may as well be free, right?…

"NYC Government Employee Busted Mining Bitcoin On Work Computer"

Robot Security Guard "Commits Suicide" In Mall Fountain

“We were promised flying cars, instead we got suicidal robots.” That was the comment of Twitter user Bilal Farooqui who this afternoon surprised the social network with a bizarre image: a robot which “commited suicide” by drowning itself in a public fountain. The Knightscope K5 security robot was supposed to patrol the Georgetown Waterfront, a ritzy shopping-and-office complex along the Washington Harbour in D.C. Looking like a mutant hybrid of R2D2 and a Dalek, the…

"Robot Security Guard "Commits Suicide" In Mall Fountain"