When people are urgently calling and knocking on your door at 2 a.m., that’s rarely good news. But luckily for Stanford professor Paul Milgrom, Monday was the happiest early-morning disturbance of his life.
The Nobel Prize committee informs winners during work-day hours in Sweden, which means American recipients get calls in the wee small hours. So when the 2020 Nobel Prize in Economic Sciences went to
The reaction of a Stanford professor who was named a Nobel Prize-winner in economics was captured early Monday for the world thanks to a doorbell camera and a persistent colleague.
The Nobel Committee apparently had some trouble contacting Paul Milgrom to let him know the winning news, so his neighbor and fellow winner, Robert Wilson, took matters into his own hands. Wilson knocked on Milgrom’s door about 2:15 a.m. to get his colleague’s attention, according to Stanford University.
The prestigious California school posted a video from Milgrom’s Nest doorbell camera to its Twitter account Monday. Wilson knocked and rang the bell several times before Milgrom seemingly woke up. The exchange is heard through the doorbell’s intercom.
“Paul? It’s Bob Wilson,” he said. “You’ve won the Nobel.”
“Wow,” Milgrom responded.
Milgrom’s wife, who is currently in Stockholm, got the notification on her phone when Wilson rang their doorbell and was able
On Wednesday, during the vice-presidential debate, a fly landed on Vice President Mike Pence’s head. It stayed there atop his short white locks for about two minutes. The moment was humorous.
But for those who support the “follow the science” candidate, the fly was much more than a regrettable moment for Pence. It was an omen — something revealing a grave evil. Some in the news and politics business are reading into the debate fly the way ancient the Greeks read into animal entrails.
“I don’t think it’s ever a good sign when a fly lands on your head for two minutes,” failed GOP consultant and pro-Joe Biden activist Steve Schmidt said on MSNBC. “You know that’s a sign all
When most people in the crypto universe imagine what a crypto trader looks like, they imagine a high-flying, government-fearing, algorithm-loving fanatic trading on a cutting edge DeFi platform. The trader wants to swap three ETH for some BAT to maximize investment yield based on an algorithm he believes is impervious to market trends. Unbeknownst to the trader, the major source of liquidity to the pool comes from the proceeds of the Mt. Gox hack, the sale of blood diamonds or heroin. Otherwise stated, the trader has accidentally stepped into a money laundering cesspool by accident.
Flash forward one year. The same trader, conducting the same transaction, has maximized his yield and now seeks to deposit his gains into a traditional bank that has started accepting crypto, or even, G-d forbid, a centralized exchange. Ultimately, the goal was always and continues to be to cash out
Up until a few months ago, it was an all familiar path. Israeli founders team up to create a technology that solves an existing problem in a big market, and immediately look to expand to either New-York or Silicon Valley in the search for US funding, customers and talent so they can build a global business. This is a model that’s been proven time and time again, with much success. In fact, it’s been so successful that Israeli tech has changed its nickname from Startup Nation to Scale-Up Nation. Then, Covid-19 hit and everything changed.
Suddenly, these US tech hubs aren’t quite as attractive. NYC suffered a major economic hit as many fled
PERSON OF THE WEEK: Mortgage lenders have now fully realized that the transition to an all-digital mortgage process is critical to their success. While there will always be a need for an in-person, human touch, consumers are expected to increasingly gravitate toward an entirely automated, all-digital mortgage experience.
To an increasing degree, borrower satisfaction will be driven by the quality of the digital mortgage experience that lenders deliver. In other words, technology – and they way it is used – is now a key differentiator. The challenge now is how to build customer loyalty – a task that was difficult before the digital mortgage came to fruition.
To gain some insights into what mortgage lenders should be considering when planning their future technology roadmaps, MortgageOrb interviewed Matt Wood, business solutions manager at Tavant, which offers an all-digital front-end origination platform for mortgage lenders.
Earlier this year, medical device maker Masimo filed a complaint against Apple alleging that the tech giant had stolen information and trade secrets for sensor technologies that have become features of its Apple Watches. Now, Masimo is claiming that Apple’s attempts to stay the case are merely thinly veiled attempts to sell more smartwatches.
In its complaint filed back in January, Masimo alleged that it met with Apple confidentially in 2013 to discuss Masimo’s sensor technology, a meeting that was allegedly followed by Apple attempting to poach Masimo employees—including, notably, Masimo’s chief medical officer Michael O’Reilly (who now works for Apple’s health projects division). Masimo claims that while working for Apple, former Masimo employees filed patents for technologies used on various iterations of the Apple Watch that they had knowledge of being in development at Masimo and Masimo spin-off Cercacor.
Even by the standards of the current market frenzy it was an astounding run and BrainChip chief executive Louis DiNardo did not hide his bemusement.
“Yes I would say I was taken aback to watch the price go from single digits to teens, 15-16c, it peaked in intra day trade at 97c a couple of weeks ago,” he says.
The shares have since fallen back to 42c.
But the tech industry veteran is not baulking at the current market valuation of around $700 million based on what is ahead for BrainChip, particularly its promise as a pioneer in the field of neuromorphic computing which mimics the neuron spiking functions of the human brain.
“I do believe it’s based on deliverables that we committed
To celebrate the 20th anniversary of the Olympic Games Sydney 2000, the famous white exterior sails of the Sydney Opera House are becoming an enormous movie screen, showing Australian Catherine Freeman’s 400-metre gold medal win on 25 September 2000. She ran her final in 49.11 seconds, becoming the first Aboriginal athlete to win gold in an individual event at the Olympic Games.
The cinematic event celebrates not only Freeman’s historic achievement, but also its audiovisual preservation for future generations on an innovative, sustainable, long-term storage technology called “synthetic DNA”. This has been made possible thanks to a partnership between the Olympic Foundation for Culture and Heritage (OFCH) and the National Film and Sound Archive of Australia (NFSA).
The synthetic DNA project is a world first, and Freeman’s 400-metre gold medal win is the first Australian video to be encoded.
The master recording of the historic race has been