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Comment Re:It's pretty simple (Score 3, Insightful) 272

The reason this story makes me yawn is that it's written as though the whole program is on the "chopping block", but in reality it's facing some proposed budget cuts.

And we all know, there is no waste or bloat in government at all, and therefore no possible place where any sort of waste could be cut.

Submission + - Elizabeth Holmes reportedly owes Theranos $25 million (wsj.com)

tripleevenfall writes: Theranos Inc. founder Elizabeth Holmes, whose once-$5 billion stake in her blood-testing firm has shriveled amid regulatory and legal challenges, also owes her company about $25 million, people familiar with the matter said.

The company struck an arrangement with Holmes to pay later when she chose to exercise options to buy more stock, the Journal reported. She has never sold any shares, and didn't get company cash from the agreement, the Journal said.

Once a highly valued company, Theranos has come under intense watch in recent years. The company is entangled in a complex web of lawsuits — and Holmes has proposed giving away her personal shares to investors who agree not to sue, according to an earlier Journal report.

Submission + - Facial recognition app lets users find strangers on Facebook by taking their pic (telegraph.co.uk)

tripleevenfall writes: A facial recognition app that can identify strangers from a photograph has been created by a British entrepreneur. Facezam can identify people by matching a photo of them with their Facebook profile. All users have to do is take a picture of someone on the street and run it through the app, which will tell them who it thinks the person in the photo is.

"Facezam could be the end of our anonymous societies," said Jack Kenyon, founder of Facezam. "Users will be able to identify anyone within a matter of seconds, which means privacy will no longer exist in public society."

Facezam claims to be able to link most photos with a profile on the social network within 10 seconds. The app, which will launch on iOS on March 21, has been tested on more than 10,000 images to date with a 70 per cent accuracy.

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