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US charges two men over ATM ‘jackpotting’

February 6, 2018 Alex 0

The United States Department of Justice (DOJ) has charged two men with bank fraud after they allegedly hacked ATM machines causing them to eject all their cash reserves like a Vegas slot machine. The attack, known as “jackpotting,” is usually carried out by perpetrators dressed as repair technicians to deploy malicious software and/or hardware, while others then exploit the hack to withdraw the cash on demand.

The two men, 31-year-old Spanish national Alex Alberto Fajin-Diaz and 21-year-old Argenys Rodriguez from Massachusetts were arrested on January 27th. Investigators contacted police who found Fajin-Diaz and Rodriguez near a compromised ATM that was dispensing $20 bills. When police searched the men’s vehicle, they found “tools and…

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Watch SpaceX launch its Falcon Heavy rocket for the first time here

February 6, 2018 Alex 0

SpaceX is test launching its Falcon Heavy rocket, the first ever launch of the new heavy-lift orbital rocket. The Heavy’s thrust is generated by its 27 Merlin engines, which is three times the number of engines you’d find in the current Falcon 9 rocket. That amounts to over 5 million pounds of thrust, and a total cargo capacity of around 119,000 pounds. That gives it more than… Read More

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The unbeatable advantage of Apple and Amazon

February 6, 2018 Alex 0

There are a handful of companies that have an unbeatable advantage — the fiduciary moat. In finance world, when you hire an advisor who is a fiduciary — he’s legally bound to put your financial interests ahead of his. There are many paths to business success and financial models that go with it. You can make money directly from the end user or you can find an… Read More

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Apple continues to dominate the tablet market as sales decline once again

February 6, 2018 Alex 0

Bitcoin and crypto aren’t the only things on the decline, sales of tablet devices once again dropped in 2017, according to new data. Figures from analyst firm IDC show that overall tablet shipments fell by 6.5 percent to 163.5 million units last year. That’s down from 174.9 million in 2016, when the annual decrease was in double digits. Despite demanding falling overall, Apple… Read More

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Fashion startup stops using AI tailor after it fails to size up customers correctly

February 6, 2018 Alex 0

Artificial intelligence is going to be big in the world of fashion — at least that’s what startups, retailers, and investors are promising. They say the potential for AI to process data about your clothing and come up with new suggestions of what you might like to wear offers big opportunities. But, when it comes to actually turning this digital data into physical garments, it seems fashion and AI aren’t quite a perfect fit.

Take San Francisco startup Original Stitch. The company sells custom dress shirts, letting customers tweak colors and patterns online. As part of a beta service, it also let people send in a picture of their favorite shirt, which the company said it would measure up using machine vision; extracting the sizing…

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