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Gay dating app Grindr to go public via blank-cheque company

Al Jazeera

Popular gay dating app Grindr has agreed to go public through a blank-cheque firm whose founder was part of a consortium that bought the company in 2020, according to a filing with the US Securities and Exchange Commission on Monday. The deal with Tiga Acquisition Corporation will raise $384m including $284m of the special-purpose acquisition company's (SPAC) cash in trust plus up to $100m in a forward purchase agreement, valuing the company at $2.1bn including debt, according to the filing. The dating app was valued at $620m when it was sold in 2020 by its Chinese owner. Tiga Acquisition Corp went public in November 2020 to raise $240m, a few months after the Grindr sale. The SPAC would have to liquidate later this month if it failed to reach a deal with a potential merger target, after several extensions of the liquidation deadline.


Super-successful AI Investment Technologies Will Likely Never Be Publicly Available

#artificialintelligence

It's tempting to see AI as a solution to building a super-success investment engine. After all, if AI can solve text-to-speech or self-driving cars or landing rockets vertically, couldn't an artificially intelligent investing engine with access to all stock market, economy, weather, and trends data vastly outpace human investors and guarantee massive returns? And won't we be able to simply ask Alexa to buy a stock that's going to triple in value in six months? Well, never say never, but it's unlikely. One is that investment AI engines are returning benefits right now, but not Everest-sized performance that will blow your financial socks off and make you fire your investment advisor.


Woman swindled out of $390,000 in crypto scam by man she met on dating app Hinge

USATODAY - Tech Top Stories

A woman said she lost $390,000 after falling for an online crypto dating scam and wants to warn others. Nicole Hutchinson, of Tennessee, told CBS News not only did she lose her own money, but her father's, too while attempting to make friends before moving to California. Hutchinson inherited her mother's house after she died and decided to sell the property. She split the profit with her father and inherited $280,000 that was supposed to be used to help her family build a life in California. The 24-year-old decided to try the online dating site Hinge and matched with a man named "Hao" while visiting a friend in the state, the New York Times reported.


Refinitiv launches financial AI assistant for Microsoft Teams

#artificialintelligence

Financial services technology firm Refinitiv has launched a new artificial intelligence (AI) assistant for Microsoft Teams to provide financial professionals with stock market news and actionable insights. Refinitiv AI Alerts - which is powered by technology from AI specialist ModuleQ - uses permissions and Microsoft 365 interactions to automatically learn the user's individual priorities and recommends content based on email conversations and upcoming meetings. "Microsoft Teams has become an indispensable platform for professionals across financial services, with institutions accelerating their adoption, and increasingly integrating critical data and tools into the platform to simplify the workflow and user experience of professionals," said Andrea Remyn Stone, group head of data and analytics at London Stock Exchange Group, which owns Refinitiv. "Refinitiv AI Alerts brings critical content and insights to Refinitiv's customer base within this platform, allowing users to discover and act on timely information across Teams, Refinitiv solutions and Microsoft 365 seamlessly." The new solution is the latest result of Refinitiv's partnership with Microsoft, which has previously helped financial services organisations connect, collaborate and leverage data to make more informed decisions.


Challenges of Artificial Intelligence -- From Machine Learning and Computer Vision to Emotional Intelligence

arXiv.org Artificial Intelligence

Artificial intelligence (AI) has become a part of everyday conversation and our lives. It is considered as the new electricity that is revolutionizing the world. AI is heavily invested in both industry and academy. However, there is also a lot of hype in the current AI debate. AI based on so-called deep learning has achieved impressive results in many problems, but its limits are already visible. AI has been under research since the 1940s, and the industry has seen many ups and downs due to over-expectations and related disappointments that have followed. The purpose of this book is to give a realistic picture of AI, its history, its potential and limitations. We believe that AI is a helper, not a ruler of humans. We begin by describing what AI is and how it has evolved over the decades. After fundamentals, we explain the importance of massive data for the current mainstream of artificial intelligence. The most common representations for AI, methods, and machine learning are covered. In addition, the main application areas are introduced. Computer vision has been central to the development of AI. The book provides a general introduction to computer vision, and includes an exposure to the results and applications of our own research. Emotions are central to human intelligence, but little use has been made in AI. We present the basics of emotional intelligence and our own research on the topic. We discuss super-intelligence that transcends human understanding, explaining why such achievement seems impossible on the basis of present knowledge,and how AI could be improved. Finally, a summary is made of the current state of AI and what to do in the future. In the appendix, we look at the development of AI education, especially from the perspective of contents at our own university.


Cerence's Artificial Intelligence Assistants Could Boost Stock Price (NASDAQ:CRNC)

#artificialintelligence

Cerence is offering innovative artificial technology for the automotive industry. Read what this means for CRNC stock.


Machine Learning Engineer - Recommender Systems

#artificialintelligence

Coinbase has built the world's leading compliant cryptocurrency platform serving over 73 million accounts in more than 100 countries. With multiple successful products, and our vocal advocacy for blockchain technology, we have played a major part in mainstream awareness and adoption of cryptocurrency. We are proud to offer an entire suite of products that are helping build the cryptoeconomy and increase economic freedom around the world. There are a few things we look for across all hires we make at Coinbase, regardless of role or team. First, we look for signals that a candidate will thrive in a culture like ours, where we default to trust, embrace feedback, disrupt ourselves, and expect sustained high performance because we play as a championship team.


AI: The Growth Enabler

#artificialintelligence

The ability to integrate multiple sources of information for business is revolutionized using Artificial Intelligence. Business strategy becomes a complex part due to the rise in competition. Using AI, we can perform certain tasks which fall beyond human efforts. A basic example of that is high-frequency stock trading. Let's look at particular areas of AI which help in revenue growth management.


Artificial Intelligence For Real-Time Crypto Fun Curtain Raiser To iBG App's Robo Advisory

#artificialintelligence

Get ready to discover a world beyond Bitcoin with iBG. For the common man, it was just Bitcoin. This was and probably still is the original cryptocurrency. It is also the most valuable cryptocurrency. But things are going to change, or should we say that they have already? The whole asset class of virtual currencies is in for a flip.


International cryptocurrency scam ring targets European dating app users

ZDNet

An international scam ring is targeting dating app users in a romance scam to not only deprive victims of their cryptocurrency but also the control of their handsets. On Wednesday, Sophos cybersecurity researchers named the gang "CryptoRom" and said they have recently expanded their operations from Asia, spreading to both the United States and Europe. Romance scams are an insidious and constant problem, and thanks to the rising popularity of dating apps, are now not only limited to phishing emails. Instead, fraudsters will'match' with their victims, pretend interest until they build a foundation of trust, and then they will ask for money -- only to vanish soon after. In recent years, romance scams have become more sophisticated, with some cybercriminals offering their victims'exclusivity' in trading deals or in cryptocurrency investments, using the lure of easy profit as well as potential love matches. Interpol warned of an uptick in investment-based romance fraud taking place across dating apps in January this year.