Sharing this needull as anything Amazon does is going to have some impact in our lives. And this is the biggest acquisition by Amazon.

Of course, buying Whole Foods doesn’t help Amazon reach the rural areas where Walmart rules. “Amazon is stronger in bigger cities, and the map of Whole Foods locations shows it is closer to these cities,” says Goldberg. Still, you can see the Whole Foods deal being the first step in a larger plan. “If this strategy proves out for Amazon, you could well imagine it could be opening a bunch more stores or doing more acquisitions just to cover the US,” says Goldberg. “And you could imagine it might have similar plays that it’s evaluating in other markets.”

The complete story

Davey Alba — Wired

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How Quora became the hottest website of the year


The best feeling a writer gets is when he is read. For us bloggers, a big satisfaction is when we feel people want to read what we publish. Recently, we had a discussion about how to bring more people to our platform. I found a 2011 article on Quora. A good read to understand what works for collaborative content platforms.

On January 20 this year, Google announced that Larry Page would be replacing Eric Schmidt as CEO. It was the week’s big tech story, possibly one of the biggest of the year, and it needed explanation. Within the hour, a user had put the question to the information-sharing website Quora: “What are some possible reasons that Google replaced Eric Schmidt with Larry Page as CEO?”

Minutes later, a former Google employee posted a detailed answer that included: “This has been a long time coming and not really that big a leap to make if you’ve been on the inside… This is a matter of pride and legacy for him [Page], so he’s going to keep Google’s long-term interests in mind in a way that few outside CEOs would be able to do; he’s emotionally invested in a way that only he and Sergey [Brin] can be.”

The complete article

Neal Pollack — Wired

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The Untold Story of Magic Leap, the World’s Most Secretive Startup


Have you heard of Magic Leap, one of the most secretive startup. Currently, they are looking at a valuation of $8bn. This is from Wiki – Magic Leap is a US startup company that is working on a head-mounted virtual retinal display which superimposes 3D computer-generated imagery over real world objects, by projecting a digital light field into the user’s eye,[1][2] involving technologies potentially suited to applications in augmented reality and computer vision. It is attempting to construct a light-field chip using silicon photonics.[3]

Magic Leap may fail. It may fail spectacularly, in the kind of blowup that makes for a great business tale. Or it may fail only in its ambition to be the Apple of augmented reality — and instead become yet another technology company powering devices and services that help Alibaba to better compete with Microsoft and Facebook. It’s also possible that it may succeed spectacularly.

The complete article – Backchannel

Detailed story in Wired

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The Crisis of Attention Theft—Ads That Steal Your Time for Nothing in Return


Attention is a resource and we have limited quota of it. This is being stolen by Ads, whether we like it or not. Ads are everywhere, ads we don’t want and don’t need.

What makes it “theft?” Advances in neuroscience over the last several decades make it clear that our brain’s resources are involuntarily triggered by sound and motion; hence the screens literally seize scarce mental resources. As neuroscientist Adam Gazzaley and psychologist Larry Rosen put it in their book, The Distracted Mind, humans have an “extreme sensitivity to goal interference from distractions by irrelevant information.” Meanwhile, in the law, theft or larceny is typically defined as the taking control of a resource “under such circumstances as to acquire the major portion of its economic value or benefit.” Given the established market value of time and attention, when taken without consent or compensation, it really is not much different from someone taking money out of your pocket. Hence, when the firms selling public-screen advertising to captive audiences brag of double-digit growth and billions in revenue, those are actually earnings derived by stealing from us.

The complete article

Tim Wu — Wired

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A Retiree Discovers an Elusive Math Proof—And Nobody Notices


Many discoveries and inventions come from amateurs and freelancers. This is one such inspiring story.

Upon seeing the proof, “I really kicked myself,” Richards said. Over the decades, he and other experts had been attacking the GCI with increasingly sophisticated mathematical methods, certain that bold new ideas in convex geometry, probability theory or analysis would be needed to prove it. Some mathematicians, after years of toiling in vain, had come to suspect the inequality was actually false. In the end, though, Royen’s proof was short and simple, filling just a few pages and using only classic techniques. Richards was shocked that he and everyone else had missed it. “But on the other hand I have to also tell you that when I saw it, it was with relief,” he said. “I remember thinking to myself that I was glad to have seen it before I died.” He laughed. “Really, I was so glad I saw it.”

The complete article

Natalie Wolchover — Wired

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A very detailed investigative report. A must read! Recommended by Suman.

IN 2015, THE State Department put a $3 million bounty on Bogachev’s head, the highest reward the US has ever posted for a cyber­criminal. But he remains at large. According to US intelligence sources, the government does not, in fact, suspect that Bogachev took part in the Russian campaign to influence the US election. Rather, the Obama administration included him in the sanctions to put pressure on the Russian government. The hope is that the Russians might be willing to hand over Bogachev as a sign of good faith, since the botnet that made him so useful to them is defunct. Or maybe, with the added attention, someone will decide they want the $3 million reward and tip off the FBI.

The complete article

Garrett M. Graff — Wired

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Is It Uncool to Flirt on LinkedIn?


We use Linkedin for ‘professional’ purposes. Is it fine if we flirt on Linkedin?

So, yes. You are right. And you’ve taught me a lot—you and Jeff Weiner both. I can see clearly now how we’ve all tied ourselves into a knot of careerism and affection and equity and sex, and maybe that’s just the way it has to be. I’m remembering now what happened when Jerry Maguire—the real Jerry Maguire—showed up in that living room, shivering, trying to win back his wife, who also happened to be his business partner at their new sports-agenting startup, how he told her, “You … you complete me.” But, more important, there was the line he slipped her right before that famous line. Suddenly, in the middle of his monologue, he was compelled to say, like a man giving a keynote at a conference, “We live in a cynical world, a cynical world, and we work in a business of tough competitors.”

Why? Why include that? What could Jerry Maguire possibly have meant? I think he meant: The internet is full of sinister strangers. It’s a hostile place in which to offer up your soul. But here I am. Look at me. View my profile. I’d like to connect with you on LinkedIn.

The complete article

Jon Mooallem — Wired

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