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Businesses

Submission + - EA Is The Worst Company In America (consumerist.com)

Mr_Blank writes: After more than 250,000 votes, Consumerist readers ultimately decided that the type of greed exhibited by EA is worse than Bank of America's avarice. Game-players have voted to send a message to Electronic Arts and the gaming business as a whole: Stop treating your loyal customers like crap... There have even been numerous accusations that EA and its ilk deliberately hold back game content with the sole intent of charging a fee for it at a later date. It's one thing to support a game with new content that is worth the price. It's another to put out an inferior — and occasionally broken — product...
Government

Submission + - CCTV to Stop Refueling for Uninsured Cars (mirror.co.uk) 1

Mr_Blank writes: "Cameras at UK petrol stations will automatically stop uninsured or untaxed vehicles from being filled with fuel, under new government plans. Downing Street officials hope the hi-tech system will crack down on the 1.4million motorists who drive without insurance. Automatic number plate recognition (ANPR) cameras are already fitted in thousands of petrol station forecourts. Drivers can only fill their cars with fuel once the camera has captured and logged the vehicle’s number plate. Currently the system is designed to deter motorists from driving off without paying for petrol. But under the new plans, the cameras will automatically cross-refererence with the DVLA’s huge database."
The Almighty Buck

Submission + - Quant AI Better than Human (crossingwallstreet.com)

Mr_Blank writes: From Technology Review: The ability to predict the stock market is, as any Wall Street quantitative trader (or quant) will tell you, a license to print money. So it should be of no small interest to anyone who likes money that a new system that works in a radically different way than previous automated trading schemes appears to be able to beat Wall Street's best quantitative mutual funds at their own game. It's called the Arizona Financial Text system, or AZFinText, and it works by ingesting large quantities of financial news stories (in initial tests, from Yahoo Finance) along with minute-by-minute stock price data, and then using the former to figure out how to predict the latter. Then it buys, or shorts, every stock it believes will move more than 1% of its current price in the next 20 minutes — and it never holds a stock for longer.

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