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Analysis: Computers that can reason

Venture capital is drifting in, even though no one seems too sure exactly how to define the field and there are still sharp disagreements among the experts about the effectiveness of some of the technologies. “When we started, it was largely a science project," says Mr Spivack, who has raised $20m (£10m, €15m), a sign of the sudden interest of the financiers. Referring to recent developments in online social networking, he adds: “These are not little Facebook applications – these are significant technology investments."

The basic building block for this new technology movement is something known as the “semantic web". This has become one of the most controversial, and misused, terms in the internet industry, conjuring up as it does a vague promise that meaning will somehow become part of the medium.


Shift4 Offers Merchants Options to Achieve PCI Compliance

LAS VEGAS, Aug. 7 /PRNewswire/ -- Merchants facing deadlines to comply with Payment Card Industry Data Security Standards (PCI DSS) and protect against credit card data theft have a secure and cost-effective alternative to investing in new point-of-sale and data storage systems. Shift4 Corporation (http://www.shift4.com/) offers a payment processing system that integrates with existing systems and is certified to be in compliance with all Card Association regulations and recognized by Visa USA as compliant with PCI DSS.

$$$ ON THE NET(R) (Dollars on the Net) provides authorizations and settlements for credit, debit, check, private-label and gift card transactions. This system is based on Tokenization technology -- developed and publicly released by Shift4 in 2005 -- that provides a greater level of security by removing all usable personal card data from the entire transaction process, including point-of-sale devices.


Jeff Thelen's Blog

Do you have any ideas to save money? We ran a couple of stories this week talking about the tough economic times that could lie ahead. And we heard some great advice from experts and the people putting them into action.

They say you need to write down a budget and stick with it. Save money and take advantage of your 401k plan as much as possible. Other advice is find hobbies that don't cost as much money (play basketball instead of buying video games) cut down on your number of stops per week at your favorite high end coffee shop and read stuff off the internet instead of subscribing to a magazine.

So, do you have any ideas? Feel free to share them. You know what to do.

J

Respond to Jeff's blog here:

Jeff,

I saw the clip on "Hunters Coalition Against Earn-A-Buck" and am looking for contact info.


Paper clip attack skewers Chip and PIN

Updated UK researchers have uncovered a serious flaw in the Chip and PIN machines that authenticate debit and credit card transactions.

Two of the most popular PIN entry devices (PED) in the UK — the Ingenico i3300 and Dione Xtreme — are vulnerable to a "tapping attack", using nothing more sophisticated than a paper clip, a needle and a small recording device.

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Alicia Keys Reigns At NAACP Image Awards; Plus Britney Spears ...

Alicia Keys took home four trophies from the NAACP Image Awards, held at Los Angeles' Shrine Auditorium Thursday night. She won the Outstanding Album and Outstanding Female Artist prizes, as well as the top video and song awards. Other honorees included Chris Brown, Jordin Sparks, Denzel Washington and Janet Jackson. Washington and his "Great Debaters" co-star Jurnee Smollett won the Best Actor and Actress prizes for film, while Jackson received the Best Supporting Actress honor for her work in "Tyler Perry's Why Did I Get Married?" ...

As Britney Spears' father extended control over her affairs in Los Angeles on Thursday, a New York attorney attempted to undo them by taking the conservatorship to federal court. Claiming he represents the singer — despite a judge already deciding she's unable to retain counsel of her own just yet — attorney Jon Eardley filed a claim that the singer's conservatorship deprives her of her civil liberties, since she's been denied the right to meet freely with whom she chooses (as her father has the power to restrict visitors); make and receive phone calls (since a restraining order prevents manager Sam Lutfi from contacting her); drive a car (since her father hired security to do that for her); and gain access to money or credit cards (since her finances are being handled by her trust).


Striker Edison Mendez quits Ecuador squad due to personal problems and ...

Mendez, who has played for PSV since 2006, has been a key member of Ecuador's squad, which will play Argentina in June in a 2010 World Cup qualifying match.

Ecuador first played at the World Cup in 2002 in South Korea and Japan. It advanced to the second round in 2006 in Germany.

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The Disappearing Man (unedtited version of GQ article)

The first person Frank Ahearn ever disappeared was Ken. He spotted him at a Borders in north Jersey about three years ago - a pale, geeky-looking guy in a golf shirt and khakis, thumbing through a pile of books about Central America and offshore banking. It took Frank about a half second to figure him out: Ken was skipping town.

"I betcha you’re going to buy a condo in Costa Rica," Frank said to the man, his voice low, so no one else could hear. "And bank in Belize."

Ken’s slackened mouth curled into a big dumb O that almost made Frank laugh. He looked at Frank - a tall, longhaired guy dressed in black with a cartoonish goatee, thick tattooed arms and a twisted and discolored front tooth - and fumbled for a response. But now Frank was talking again, running his mouth in his thick New York accent.


 
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