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Google acquires AI company called “DeepMind”
Reuters reports Google acquired a UK company called “DeepMind” that works in artificial intelligence. According to the DeepMind website, the company wants to combine the “best techniques from machine learning and systems neuroscience to build powerful general-purpose learning algorithms.” DeepMind was founded a neuroscientist and child prodigy in chess Demis Hassabis along with Shane Legg and Mustafa Suleyman.
Apple Reports Flat Earnings during Holiday Season Apple announced it’s Q1 earnings for the period ending Dec. 31 with $57.59 billion in revenue and earnings per share of $14.50. Analysts expected $58.1 billion and $14.36.
Federal prosecutors file criminal complaint against underground bitcoin exchange:
Ars Technica reports US Federal Prosecutors filed a criminal complaint in US Federal Court in Manhattan against two people charged with one count of conspiracy to commit money laundering and one count of operating an unlicensed money transmitting business. The two operated a company which sold bit coins for use on the now defunct Silk Road website. According to the complaint, Robert M. Faiella, 52, of Cape Coral, Florida, operated an underground Bitcoin exchange on Silk Road from 2011 to 2013 along with Charlie Shrem, 24, of New York City. Shrem is Vice President and acting CEO of BitInstant and Vice Chairman of the BitCoin Foundation.
News From You:
clemro posted a GigaOm story about Google and Samsung reaching patent peace. The two companies signed a 10-year cross-licensing deal for patents related to a broad range of technologies. Samsung also settled a court case by reaching a cross-licensing deal with Ericsson that will cost Samsung $650 million.
AllanAV posted a BitcoinBoard story about TigerDirect processing $500,000 worth of BitCoins in the first three days it began accepting the currency. More than 2500 orders were reportedly placed using BitCoin
And spsheridan passed along a BGR report highlighting a Russian blogger, Eldar Murtazin who claimed Google plans to discontinue the Nexus line of mobile devices in 2015 in favor of Google Play branded devices. Google has launched Play editions of the HTC One and Samsung Galaxy S 4 among others, but those devices, while running stock Android are still updated by the carrier. Nexus devices get updates directly from Google, and therefore are the first devices to get updates.
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