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Monday, March 2, 2020
Huawei set to ink deal with IndusOS to offer curated app store
A look at some of the Redditors and subreddits fighting disinformation on a site notorious for incubating conspiracy theories and spreading falsehoods (Steven Melendez/Fast Company)
Steven Melendez / Fast Company:
A look at some of the Redditors and subreddits fighting disinformation on a site notorious for incubating conspiracy theories and spreading falsehoods — Robert Mercer invested in Cambridge Analytica, the company that became infamous for siphoning off Facebook users' information to target political ads.
Robinhood suffers prolonged outage on the day the Dow enjoyed its single biggest point gain
Robinhood, the startup with a stock trading app valued upwards of at least $7.6 billion, suffered one of its worst outages on one of the busiest trading days of the year.
As the Dow Jones Industrial Average enjoyed the single biggest point-gain in the history of the index, Robinhood’s application fell prey to an error that locked users out of the service for the duration of Monday’s trading.
“We started experiencing downtime issues across our platform this morning at market open,” a spokesperson wrote in an email. “We don’t have an estimate when the issue will be resolved but all of us at Robinhood are working as hard as we can to resume service.”
One potential cause of the outages could just be the high trading volumes that have accompanied highly volatile markets over the past month. While there were some early reports that the bug was caused by a Leap Day bug, the company has denied that a February 29th error was at fault.
The company’s mistake could cost its users lots of money as they sought to trade on stocks that were hit in last week’s string of losses due to investor worries over the impact the novel coronavirus, COVID-19, would have on the global economy.
This isn’t the first time that Robinhood’s code has got the company into trouble. Last year, faulty coding allowed users to borrow more money than the company intended, giving a potential windfall to would-be traders.
Back in 2013 when the founders of the company discussed their idea around TechCrunch reporter Josh Constine’s kitchen table, they envisioned the app as a way to share hot tips. That quickly morphed into a trading platform that the company says has more than 10 million users on its platform.
The secret to the company’s initial success was free stock trading — a pricing model which many of its competitors have since gone on to copy.
According to Apptopia, Robinhood is far and away the most popular of the free stock trading services, having far more volume and users than its legacy contenders. However, as today’s outage showed, that user base may be negatively impacted by not working with companies who have had their services stress tested over decades. Even so, the big trading houses have also experienced technical issues over the past week, as CNBC reported earlier today.
Asia Healthcare in talks to buy Cloudnine stake
Sonantic scores €2.3M funding to bring ‘human-quality’ artificial voices to games
Sonantic, a U.K. startup that has developed “human-quality” artificial voice technology for the games and entertainment industry, has raised €2.3 million in funding.
Leading the round is EQT Ventures, with participation from existing backers, including Entrepreneur First (EF), AME Cloud Ventures and Bart Swanson of Horizons Ventures. I also understand one of the company’s earlier investors is Twitch co-founder Kevin Lin.
Founded in 2018 by CEO Zeena Qureshi and CTO John Flynn as they went through EF’s company builder programme in London, Sonantic (previously Speak Ai) says it wants to disrupt the global gaming and entertainment voice industry. The startup has developed artificial voice tech that it claims is able to offer “expressive, realistic voice acting” on-demand for use by game studios. It already has R&D partnerships underway with more than 10 AAA game studios.
“Getting dialogue into game development is a slow, expensive and labour-intensive task,” says Qureshi, when asked to define the problem Sonantic wants to solve. “Dialogue pipelines consist of casting, booking studios, contracts, scheduling, editing, directing and a whole lot of coordination. Voiced narrative video games can take up to 10 years to make with game design changing frequently, defaulting game devs to carry out several iteration cycles — often leading to going over budgets and game releases being delayed.”
To help remedy this, Sonantic offers what Qureshi dubs “dynamic voice acting on-demand,” with the ability to craft the exact type of character in terms of gender, personality, accent, tone and emotional state. The startup’s human quality text-to-speech system is offered via an API and a graphical user interface tool that lets its synthetic voice actors be edited, sculpted and directed “just like a human actor,” she tells me.
This sees Sonantic work directly with actors to synthesise their voices whilst also harnessing their unique skills in performance. “We then augment how actors work by offering them a digital version of themselves that can create passive income for them,” explains the Sonantic CEO.
For the games studios, Sonantic offers faster iteration cycles at a cheaper price because it cuts down logistical costs and has voice models ready to perform. Its SaaS model and API also makes it easier to create audio performances to test out potential narratives or to finesse a story, helping with editing and directing.
Meanwhile, Sonantic says it is gearing up to publicly reveal how its technology can capture “deep emotions across the full spectrum,” from subtle all the way through to exaggerated, which it says is usually something only very skilled actors can achieve.
ACLU sues ICE for its algorithm used to recommend if people arrested for immigration violations should be let go, argues it's rigged to detain nearly everyone (Sam Biddle/The Intercept)
Sam Biddle / The Intercept:
ACLU sues ICE for its algorithm used to recommend if people arrested for immigration violations should be let go, argues it's rigged to detain nearly everyone — In 2013, U.S. Immigration and Customs Enforcement quietly began using a software tool to recommend whether people arrested …
Indian EV industry looks for a way around Covid-19
Sunday, March 1, 2020
Xiaomi Mi A3 Android 10 Update Delayed Due to Coronavirus Outbreak
OnePlus Teases a Special Unveiling for March 3
Apple Increases iPhone Price in India By As Much As Rs. 1,300
Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in international payments to counter Western sanctions (Gleb Bryanski/Reuters)
Gleb Bryanski / Reuters : Russia's finance minister says Russian companies have begun using bitcoin and other digital currencies in i...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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