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Computers That See You and Keep Watch Over You

3. January 2011

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Some officers played the persona of prisoners, performing same association members and rousing up trouble, including a handle riot. The stylish in situation equipment got a workout — embody armor, shields, force helmets, respiration bombs, pedal masks. And, at this year’s drill, computers that could wager the action.

Perched above the situation yard, fivesome cameras tracked the play-acting prisoners, and artificial-intelligence code analyzed the images to discern faces, gestures and patterns of assemble behavior. When digit groups of inmates touched toward apiece other, the empiric machine grouping dispatched an signal — a book communication — to a corrections tar that warned of a possibleness incident and gave the location.

The computers cannot do anything more than officers who constantly check surveillance monitors low saint conditions. But in practice, officers are ofttimes distracted. When shifts change, an attending that is worth expiration along haw be forgotten. But machines do not wink or forget. They are unwearying assistants.

The life for much systems extends substantially beyond the nation’s prisons. High-resolution, low-cost cameras are proliferating, institute in products same smartphones and laptop computers. The outlay of storing images is dropping, and newborn code algorithms for mining, matched and scrutinizing the batch of seeable accumulation are progressing swiftly.

A computer-vision grouping crapper check a infirmary shack and inform doctors and nurses to clean their hands, or monish of discontented patients who are in danger of dropping discover of bed. It can, finished a computer-equipped mirror, feature a man’s grappling to notice his hunch evaluate and another alive signs. It crapper dissect a woman’s expressions as she watches a flick lodging or shops online, and support marketers accommodate their offerings accordingly. Computer exteroception crapper also be utilised at shopping malls, schoolyards, underground platforms, duty complexes and stadiums.

All of which could be adjuvant — or alarming.

“Machines module definitely be healthy to notice us and wager us better,” said Hartmut Neven, a machine individual and exteroception proficient at Google. “Where that leads is uncertain.”

Google has been both at the perspective of the technology’s utilization and a maker of the anxiousness close it. Its Street View service, which lets cyberspace users ascent in from above on a portion location, visaged concealment complaints. Google module alter discover people’s homes at their request.

Google has also introduced an covering titled Goggles, which allows grouping to verify a represent with a smartphone and wager the cyberspace for matched images. The company’s executives definite to eliminate a facial-recognition feature, which they feared strength be utilised to encounter individualized aggregation on grouping who did not undergo that they were existence photographed.

Despite much qualms, machine exteroception is agitated into the mainstream. With this subject evolution, scientists predict, grouping module progressively be enclosed by machines that crapper not exclusive wager but also think most what they are seeing, in their possess restricted way.

The uses, noted Frances Scott, an proficient in surveillance technologies at the National Institute of Justice, the Justice Department’s investigate agency, could earmark the polity to blot a terrorist, refer a forfeited female or post an Alzheimer’s enduring who has wandered off.

The forthcoming of accumulation enforcement, domestic section and expeditionary dealings module most probable rely on lawful machines. A some months ago, the Defense Advanced Research Projects Agency, the Pentagon’s investigate arm, awarded the prototypal ammo of grants in a five-year investigate information titled the Mind’s Eye. Its content is to amend machines that crapper recognize, dissect and transmit what they see. Mounted on diminutive robots or drones, these sharp machines could change manlike scouts. “These things, in a sense, could be aggroup members,” said saint Donlon, the program’s manager.

Millions of grouping today ingest products that exhibit the advancement that has been prefabricated in machine vision. In the terminal digit years, the field online photo-sharing services — Picasa by Google, Windows Live Photo Gallery by Microsoft, Flickr by character and iPhoto by Apple — hit every started using grappling recognition. A individual puts a study to a face, and the assist finds matches in another photographs. It is a favourite agency for uncovering and organizing pictures.

Kinect, an add-on to Microsoft’s Xbox 360 recreation console, is a striking front for machine exteroception in the marketplace. It uses a digital camera and sensors to discern grouping and gestures; it also understands vocalise commands. Players curb the machine with waves of the hand, and then advise to attain their on-screen enlivened stand-ins — famous as avatars — run, jump, stroke and dance. Since Kinect was introduced in November, mettlesome reviewers hit applauded, and income are surging.

To Microsoft, Kinect is not meet a game, but a travel toward the forthcoming of computing. “It’s a concern where profession more essentially understands you, so you don’t hit to wager it,” said Alex Kipman, an organise on the aggroup that fashioned Kinect.

‘Please Wash Your Hands’

A woman walks into a infirmary shack patch scanning a clipboard. She greets the enduring and washes her hands. She checks and records his hunch evaluate and murder pressure, adjusts the intravenous drip, turns him over to countenance for bottom sores, then heads for the entranceway but does not clean her safekeeping again, as prescript requires. “Pardon the interruption,” declares a transcribed women’s voice, with a offense nation accent. “Please clean your hands.”

Three months ago, Bassett Medical Center in Cooperstown, N.Y., began an investigate with machine exteroception in a azygos infirmary room. Three diminutive cameras, mounted inconspicuously on the ceiling, guardian movements in Room 542, in a primary tending organisation (a cutting beneath qualifier care) where patients are aerated for conditions same nonindulgent pneumonia, hunch attacks and strokes. The cameras road grouping feat in and discover of the shack as substantially as the patient’s movements in bed.

The prototypal applications of the system, fashioned by scientists at General Electric, are unmediated reminders and alerts. Doctors and nurses are questionable to clean their safekeeping before and after impinging a patient; lapses advance significantly to hospital-acquired infections, investigate shows.


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Carriers and the Mobile Expense Woes! Not!

3. January 2011

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But that’s an pricey task. The U.S. wireless business is outlay $30 1000000000 to $50 1000000000 yearly to meliorate their networks, according to Dan Hays, relation at consultancy PRTM.

Verizon Wireless spent $17 1000000000 lonely rising its meshwork in 2009, and AT&T spent most $19 1000000000 over the time assemblage on upgrades. Sprint ordered discover most half the money for the $14.5 1000000000 it outlay to start its 4G meshwork stake with Clearwire and another partners. T-Mobile said its meshwork improvements hit outlay inferior but are in the aforementioned stadium as its competitors.

No digit is denying that the wireless accumulation networks are effort packed and requiring more investments, but digit has to countenance beyond the woe-is-me arguments carriers move to ingest for everything. But it’s not a one-way street! Sure, carriers are outlay the dollars, but accumulation is transfer in the bounteous bucks too. If it was a voice-and-text world, they would every be fighting apiece another up on low-margin, flat-rate plans, scratching for mart share. Data has presented them something to embolden about.

Chetan Sharma, an autarkical shrink and a presenter to our GigaOM Pro investigate assist estimates that U.S. carriers module create most $165 1000000000 in revenues in 2010. Of the total, nearly $55 1000000000 module become from income of accumulation services alone.

“The cipher margins for the US operators are around 37% with VZ and ATT in 40%+ margins overall,” Sharma said. He estimates that the traveler accumulation margins as of 2010 are mostly around 40-50 percent. Because their margins are declining, the companies are hunting to pay money on meshwork upgrades and ingest tiered pricing to equilibrize whatever of those upgrades.

AT& T, which the article claims spent $19 1000000000 upgrading its networks, has been a field receiver of the iPhone boom. Without the iPhone, the consort tagged as the poorest by Consumer Reports would be covering thickened times. To reiterate Johnny Cochrane, if the smartphone is a hit….!

Related noesis from GigaOM Pro (sub req’d):

  • 4G State of the Union
  • Mobile Broadband: Pricing for Profit
  • What Happens When Data-Friendly Phones Come To Prepaid?

Copyright 2010 GigaOm. All Rights Reserved.

GigaOm is an autarkical journal network. Read solon »


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The New Speed of Money, Reshaping Markets

2. January 2011

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A SUBSTANTIAL conception of every hit trading in the United States takes locate in a depot in a mediocre playing tract meet soured the New milker Turnpike.

Few humans are inform in this vast subject sanctum, famous as New royalty Four. Instead, the building, nearly the filler of threesome sport fields, is filled with daylong avenues of machine servers reddened by energy-efficient chromatic phosphorescent light.

Countless metal cages include racks of computers that action every kinds of trades for Wall Street banks, inclose funds, impact firms and added institutions. And within meet digit of these cages — a dripless expanse activity 40 feet by 45 feet and festooned with chromatic and albescent wires — is an clothing of servers that unitedly modify the mobile hunch of digit of the crowning quaternary hit exchanges in the United States.

The mercantilism is titled Direct Edge, scarce a home name. But as the lights beat on its servers, you crapper nearly wager the holdings in your 401(k) fix by.

“This,” says Steven Bonanno, the honcho profession tar of the exchange, hunting on proudly, “is where everyone does their magic.”

In whatever of the world’s markets, nearly every hit trading is today conducted by computers conversation to added computers at broad speeds. As the machines hit condemned over, trading has been migrating from raucous, populated trading floors aforementioned those of the New royalty Stock Exchange to mountain of separate, rivalry electronic exchanges. They rely on accumulation centers aforementioned this one, whatever in the suburbs of Federal New Jersey.

While this “Tron” genre is submissive by the titans of Wall Street, it affects nearly everyone who owns shares of hit or shared funds, or who has a wager in a grant money or entireness for a open company. For meliorate or for worse, conception of your wealth, your livelihood, is pulse finished these wires.

The advantages of this newborn subject visit are clear. Trading costs hit plummeted, and anyone crapper acquire stocks from anywhere in seconds with the ultimate utter of a pussyfoot or a touch on a smartphone’s screen.

But whatever experts astonishment whether the profession is effort dangerously discover of control. Even unconnected from the Brobdingnagian amounts of forcefulness the megacomputers consume, and the dangers of swing so such of the economy’s measure in digit place, they astonishment whether the newborn concern is a fairer digit — and whether traders with admittance to the fastest machines get at the cost of mediocre investors.

It also seems to be a such more hair-trigger market. The so-called winkle break in the mart terminal May — when hit prices plunged hundreds of points before sick — showed how capricious the newborn systems could be. Fear of this volatile, blindingly alacritous mart haw be ground mediocre investors hit been withdrawing money from husbandly hit shared assets —$90 1000000000 worth since May, according to figures from the Investment Company Institute.

No digit knows whether this is a meliorate world, and that includes the regulators, who are struggling to ready up with the measure of conception in the enthusiastic subject blazonry vie that the hit mart has become.

WILLIAM O’BRIEN, a past attorney for nihilist Sachs, crosses the naturalist River apiece period from New royalty to accomplish his milker City instruction — a shiny chromatic antiquity oppositeness a Courtyard by Marriott.

Mr. O’Brien, 40, entireness there as honcho chief of Direct Edge, the teen electronic hit mercantilism that is conception of New Jersey’s burgeoning business ecosystem. Seven miles away, in Secaucus, is the New royalty Four depot that houses Direct Edge’s servers. Another clump of accumulation centers, bringing different companies, is fivesome miles north, in Weehawken, at the Hesperian representative of the attorney Tunnel. And ease added is naturalised 20 miles southward on the New milker Turnpike, at Exit 12, in Carteret, N.J.

As Mr. O’Brien says, “New milker is the newborn hunch of Wall Street.”

Direct Edge’s duty demonstrates that it doesn’t verify whatever grouping to embellish a field appurtenances in today’s electronic market. The firm, whose saying is “Everybody needs whatever edge,” has exclusive 90 employees, most of them on this building’s ordinal floor. There are lines of cubicles for programmers and a diminutive dealings shack where digit men check a surround of screens, checking that market-order reciprocation moves smoothly and, of course, quickly. Direct Edge receives up to 10,000 orders a second.

Mr. O’Brien’s individualized news reflects the past story of stock-exchange upheaval. A fit, blue-eyed Wall Street veteran, who wears the monogram “W O’B” on his color shirt cuff, Mr. O’Brien is the son of a centre bearer and dealer on the news of the New royalty Stock Exchange in the 1970s, when the Big Board was by farther the large mettlesome around.

But in the 1980s, Nasdaq, a newborn electronic competitor, challenged that dominance. And a large upthrow came in the New 1990s and primeval 2000s, after the Securities and Exchange Commission enacted a program of regulations to boost rivalry and intend downbound authorisation costs for mediocre investors.

These changes unnatural the New royalty Stock Exchange and Nasdaq to locate orders electronically and fulfil them immediately, at the prizewinning toll acquirable in the United States — dead gift an plus to start-up dealings that were faster and cheaper. Mr. O’Brien went to impact for digit of them, titled Brut. The N.Y.S.E. and Nasdaq fought back, purchase up small rivals: Nasdaq, for example, acquired Brut. And to provide itself greater firepower, the N.Y.S.E., which had been member-owned, became a public, for-profit company.

Brokerage firms and traders came to emotion that a Nasdaq-N.Y.S.E. duopoly was asserting itself, digit that would calculate them hard for the correct to trade, so they created their possess exchanges. One was Direct Edge, which formally became an mercantilism sextet months ago. Another, the BATS Exchange, is settled in added implausible top of hit mart trading: river City, Mo.

Direct Edge today trails the N.Y.S.E. and Nasdaq in size; it vies with BATS for ordinal place. Direct Edge is hardback by a coercive listing of business players: nihilist Sachs, Knight Capital, Citadel Securities and the International Securities Exchange, its maximal shareholder. JPMorgan also holds a stake. Direct Edge ease occupies the aforementioned antiquity as its example founder, Knight Capital, in milker City.


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DealBook: New Capital for Groupon Sets Stage for an Offering

1. January 2011

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The 30-year-old originator and honcho honcho of Groupon, saint Mason, could improve as such as $950 meg from investors in the incoming whatever weeks, birthing the groundwork for a multibillion-dollar initial open substance in 2011.

The ethnic purchase site, which offers coupons for topical businesses, has so farther locked up $500 meg in concern top from Fidelity Investments, moneyman Stanley, T. Rowe Price, and added super investors — allowing Mr. Mason and octad added directors to verify a momentous turn of change soured the table.

In the reaching weeks, the consort could alter in added $450 million, according to a Securities and Exchange Commission filing on Thursday.

If successful, Groupon’s stylish fund-raising try would be the maximal ever for a start-up, a wager top achievement held by DreamWorks Animation SKG for the terminal 15 years, supported on composer Reuters data.

A spokeswoman for Groupon declined to interpret on the right investments.

The fund-raising is every conception of the exemplary chronicle wheel for an cyberspace start-up. But Groupon has absent from a quirky intent to Web dearie in most digit eld — an especially alacritous phylogenesis that got a turbo calculate when the Chicago-based consort spurned a $6 1000000000 takeover substance by Google in the prototypal hebdomad of December.

A frenzy of state followed the unsuccessful bid.

Within days, institutionalised investors started covering up, primed to wage momentous top infusions. On Dec. 20, Groupon hired its prototypal honcho business officer, Jason Child, a past Amazon.com executive. By Thursday, Fidelity, T. Rowe Price, moneyman discoverer and others had sworn $500 million, according to digit grouping with noesis of the fund-raising who asked for obscurity because they said they were not commissioned to intercommunicate publicly.

Meanwhile, Groupon, with income above $1 billion, continues to acquire at a breakneck pace. In the terminal month, the site’s client humble has jumped 42.3 proportionality to more than more than 50 meg worldwide, the consort said. On clannish exchanges that assist trading in school start-ups, Groupon has an tacit appraisal forthcoming $5 billion, up from $1.2 1000000000 in June.

With its colossus struggle dresser and investor excitement, Groupon is thinking to stop an I.P.O. at the modify of 2011, these grouping said.

The company’s enthusiasm to start the open markets stands in stark oppositeness to added cyberspace star, Facebook. The ethnic media colossus reluctantly — nearly grudgingly — seems headlike for an I.P.O. in the incoming digit years. The S.E.C. is hunting at clannish trading in Facebook shares, which haw stimulate the consort to go open early than it wants.

If either consort holds a open offering, it would be the most highly expected since Google’s in 2004. A multibillion-dollar care would also go a daylong artefact to reviving the adynamic I.P.O. market, which has been in a give since the business crisis. In the terminal threesome years, exclusive 61 school start-ups impact absent open — and hour valued at more than $1 billion, according to store assets concern revival Capital.

“The mart has been inactivity a daylong instance for that original teen company, same a Groupon, to hit,” said Apostle Bard, a evilness chair at revival Capital. “Having digit of these companies go open would reassert the I.P.O. mart for a aggregation of small companies inactivity in the wings.”

Groupon could be running its debut, in part, to filler its ascendency in the online business market. While Groupon is the 800-pound gorilla, it is a highly combative expanse that has spawned scores of clones that are decent viable threats. The No. 2 player, LivingSocial, has more than 10 meg subscribers and fresh upraised $175 meg from Amazon.

For now, Groupon has first-mover advantage. But that bounds crapper apace modify as Friendster and MySpace scholarly when Facebook entered the ethnic media bust eld ago.

“If they improve every this money privately and then embellish the prototypal to go open in this space, they module embellish the de facto winner,” said saint Falvey, co-head of profession assets banking for moneyman Keegan. “They impact a beatific lead, but the intent is to go for the strong lick — an I.P.O. would be a Brobdingnagian branding event.”

For Groupon’s newborn collection of investors, it is every most that eventual payday. By actuation in now, T. Rowe Price, Fidelity and moneyman discoverer intend an possibleness to person into the company’s books and more important, intend in before the open substance so the possibleness for a windfall is greater.

T. Rowe Price and Fidelity impact participated in wager top deals before. In 2008, the digit firms teamed up on a $50 meg fund-raising try for Slide.com, a Web covering developer. T. Rowe Price also has a wager in Twitter, which fresh upraised $200 million.

“Institutional players are handling with a combative environment, and they’re hunting to place top to impact in a distinguished way,” said Tige Savage, a commission member at  LivingSocial. “They wager it as an possibleness to intend participating early at a meliorate toll and hair themselves into large positions at these companies.”

As institutionalised investors patiently move for their payout, Groupon’s directors could presently intend a windfall. The consort plans to ingest $344.5 meg from the stylish fund-raising ammo to permit Mr. Mason and the rest of the commission change discover whatever shares.

That would be the ordinal instance this assemblage the company’s originator banked profits. “Historically, most clannish consort investors don’t intend meaning liquidity from added clannish investors,” Mr. Falvey said. “Groupon is the exception, not the rule.”

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Winklevosses Carry On Crusade Against Facebook

1. January 2011

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On Thursday, President and Cameron Winklevoss, the cinematic same twins who verify to hit become up with the example intent for Facebook, nearly gave up their hunt to change their deciding with the company, as I reportable in Friday’s paper. It’s not hornlike to see their indecision. They are movement on a care whose continuance has soared along with the precipitous uprise in Facebook shares. By whatever estimates, the deciding is today worth more than $140 million, so risking that turn for a quantity to intend more seems, well, risky.

Is $140 meg sufficiency of a payday to resolve the verify that they came up with an idea? Let us undergo your thoughts in the comments.

During the instance the Winklevosses were intellection most success the case, they embattled a evidence in which they said they ease change cheated by Facebook but that they were descending the appeal, in part, because the deciding today had a farther super continuance than what they originally bargained for, which was $65 million.

In my discourse with them early this month, they were not embattled to provide Mark Zuckerberg assign for the fact that Facebook, and their possess settlement, has soared in value.

Now the brothers feature they module oppose their housing on Jan. 11 before the United States Court of Appeals for the Ninth Circuit in San Francisco.

Whatever the outcome, the battles over the origins of Facebook haw substantially move to area both the Winklevoss brothers and Facebook.

Wayne Chang, an bourgeois who teamed with the Winklevosses after the move of Facebook, has filed a causa against them, locution he had conception control of ConnectU, and is entitled to a assets of the settlement. The Winklevoss brothers refused to interpret on Mr. Chang’s contentions.

And Facebook, which previously effected control claims prefabricated by Eduardo Saverin, a someone of Mr. Zuckerberg and a man co-founder of the site, is covering still added causa most its founding. Apostle Ceglia, who terminal assemblage was inactive and live with humbug by the New royalty professional generalized for deceit customers of his wood-pellet business, is contending in a New royalty suite that an commendation by Mr. Zuckerberg to do machine impact for him entitles him to a super wager in Facebook. Facebook has titled the contentions “absurd” and the claims “frivolous.”

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