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DataProphet secures foreign investment

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Daniel Schwartzkopff, commercial director and DataProphet co-founder, says the start-up is looking towards the European and North American markets for further expansion. Yellowwoods Capital Holdings, a member of the European-based global investment and private equity focused Yellowwoods Group, has acquired a significant interest in DataProphet, where the local start-up will act as the advanced analytics partner for the group. The group's local investments include Hollard Insurance, Clientele and Nandos, among others. While the actual value of the investment into the start-up remains under wraps, DataProphet commercial director and co-founder, Daniel Schwartzkopff, says the business has hit multimillion-dollar status. "As a private fund, our investor partners would prefer us not to discuss the amount. It can be disclosed, however, that DataProphet was priced at a multimillion-dollar valuation," he explains.


Women In Gaming: How Virtual Reality Could Spur Social Change In The Video Game Industry

International Business Times

With virtual reality, the video game industry is undergoing its biggest change since consoles made their way into living rooms. It may also stir social change, bringing new opportunities to female developers, whose scarce representation in the industry nowhere near reflects the true number of female gamers. "What we're seeing in the VR space, the spark of excitement around this particular type of technology that has suddenly become cost-effective and also added creative potential," Tracy Fullerton, director of USC Games, told International Business Times at the Games for Change festival in New York last week. "I think there's a tremendous energy and interest. That's always good because there will be opportunities there, and a broad range of them." As of 2014, female developers made up just 22 percent of the industry, with 2 percent identifying as transgender or androgynous, according to an International Game Developers Association workplace study.


The founder of one of London's best-known VC funds is moving to Africa and closing his coworking space

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Federico Pirzio-Biroli, the founder of London VC fund Playfair Capital, is planning to move to Africa to become an angel investor there, and the fund is closing its coworking space at Warner Yard in Clerkenwell. Playfair Capital specialises in artificial intelligence and machine learning, and has invested in well-known startups such as restaurant app Dojo, DueDil, Vinaya, Stripe, Streethub, Hassle, and Stratajet. Pirzio-Biroli told Business Insider that he worked at NGOs in Africa before becoming a technology investor, so this is a logical move for him. He says that angel investing in Africa can make a big difference to economies there, whereas London is now flooded with early stage funding for technology startups. The Playfair Capital fund isn't going to close its doors completely - instead Pirzio-Biroli is handing over control to his remaining staff and preparing to become a limited, rather than general, partner. My decision to move to East Africa was made in November.


Here's A Tragic Thing You Didn't Know About Helen Mirren

Huffington Post - Tech news and opinion

The Luftwaffe would use the doodlebugs to attack London, where actress Helen Mirren's parents lived during the war. "They were by far the worst because [as Mirren's mother told her] you would hear them coming over and if you heard the drone -- the buzz up there in the sky -- if you heard that noise stop, that's when it was dropping its load," said Mirren during a phone interview with The Huffington Post. "So you would just pray it went over your head." Mirren recalled this memory from her family's history as she was promoting her movie "Eye in the Sky," in which she plays a British colonel tasked with deciding whether to use a drone strike in Nairobi, Kenya. Her character has tracked the location of an extremist meeting, but must choose whether to take out the terrorists at the cost of killing a young girl who is selling bread right outside their headquarters.


The two biggest threats to mankind, according to Stephen Hawking

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Professor Stephen Hawking says he believes pollution and human "stupidity" remain the biggest threats to mankind, while also expressing his concerns over the use of artificial intelligence in warfare. The world's leading theoretical physicist argued "we have certainly not become less greedy or less stupid" in our treatment of the environment over the past decade, during an interview on Larry King Now, which is hosted on Ora TV. Professor Hawking said: "Six years ago, I was warning about pollution and overcrowding, they have gotten worse since then. The population has grown by half a billion since our last interview, with no end in sight. "At this rate, it will be eleven billion by 2100.


4 Totally Creepy Disruptive Health Care Technologies That Will Change Everything

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Fahad Aziz is the Co-founder of Caremerge, an "award-winning technology company revolutionizing communication and coordination of care for seniors." As an industry leader in the tech space, Aziz has his finger on the pulse of disruptive healthcare tech. He says a few technologies are poised to seriously upend'business as usual' in healthcare in the near future, and they are not necessarily what you'd expect. In 2012, Vinod Khosla predicted that in time, "technology will replace 80% of what doctors do." He is spot on, according to Aziz.


XTRABIGG NEWS: A.I.: Digital Utopia or Robot Apocalypse?

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It took millennia for Humanity to advance from the Stone Age to the Industrial Revolution. The pace of Human development continues to rapidly accelerate. The next Revolution is already overtaking society before many are ready for- or even aware of it. Both diametrically opposed predictions curiously are based on the premise that Humans will blithely give up control to either benevolent or diabolical machine'overlords'. There are arguments for both extremes, and both sides raise enough valid questions provoke meaningful dialogue on AI ethics and control. While History reminds us that extreme people and ideas often provide valid counterweight to over-enthusiasm and even zealotry from opposing people and views, they usually tend to be mere lane markers for History's true road.


Robots won't replace teachers because they can't inspire us

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Artificial intelligence is going to change everything in every industry. Not so fast, says Coursera president and co-founder Daphne Koller. Her education company markets itself as being ahead of technological disruption, but even it isn't so sure AI can do everything that a human college professor can do. "Instructors are valuable, first of all, in creating the content. That's really important," Koller said in an interview with Recode's Kara Swisher on the latest episode of Recode Decode.


Report: Obama Administration To Announce Civilian Casualties From Drone Strikes

Popular Science

Who do we become when we die? Our identities are such fragile, personally curated things: we go through life as children, then students and peers, and sometimes switch to a vocational preference. A person becomes farmer, shepherd, mechanic, soldier, baker, homemaker, brigand, or bandit, or backyard bomb-maker -- whichever strikes us by calling or necessity. People assume narrower identities, a lover for an afternoon, a wedding guest for a weekend. Perhaps it's the wrong wedding, the wrong place, the wrong people, and whatever mish-mash of identities, they end with a hellfire strike and a grim, clinical finality. The bodies become "military-age males," the rich matrixes of interwoven identities collapsed into two categories, a fatal guilt decided abroad in the moment of impact.


4 Ways You Trust Machine Learning

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Additionally, the fraud detection and prevention programs that keep your bank account safe are also utilizing predictive analytics. The most sophisticated of these programs analyze your spending habits and compare each purchase against them. The purchases themselves also have fraudulence probability scores (a 1,000 online purchase paid to a company based in Timbuktu is more likely to be fraudulent than a 200 purchase at your local grocery store). If anything seems fishy, the bank sends you an alert to ensure your funds aren't compromised if fraud is, in fact, taking place.