STLR Link Roundup – March 3, 2017

JP Morgan’s New Contract Processing Software Since June, JPMorgan Chase & Co. has been using a computing program called COIN, for Contract Intelligence, to interpret their commercial loan agreements. This program will replace 360,000 hours of work by lawyers and loan officers each year. This comes as part of the company’s push to enhance their technological capacity, driven by COO Matt Zames and CIO Dana Deasy. JPMorgan is investing $9.6 billion in its tech budget, Continue Reading →

STLR Link Roundup – February 24, 2017

Snapchat Goes Public Earlier this month, Snap Inc. filed the necessary disclosures with the Securities and Exchange Commission to take the social media giant, Snapchat, public.  The tech company is estimated to raise $3 billion in its initial public offering—an important indication for the value and viability of other technology and social media startups.  The IPO is expected to happen later next week.  The market valuation of the company is expected to be somewhere between Continue Reading →

STLR Link Roundup – February 17, 2017

Oracle and Google, to be continued… The legal saga between Oracle and Google is stretching into the seventh year. The show started when Oracle stated that Google infringed its copyright by “borrowing” programming codes in building of its Android software platform. Last summer, a jury ruled in Google’s favor and stated that the use of Java API by Google falls under fair use policy. But Oracle promised that this wasn’t the end of the story. And Continue Reading →

STLR Link Roundup – February 3, 2017

Uber Comes to a Standstill in Taiwan Following protests from local taxi drivers in Taiwan and orders by the government to pay millions in back taxes and fines, Uber Technologies Inc. said on February 2, 2017 its services have reached a standstill in Taiwan due to the escalating dispute with the government over the legality of its operations. On the same day, Taiwan’s Investment Commission stated the government requested the suspension of Uber’s business because, though Uber registered Continue Reading →

Link Roundup 2/11/17

NYSE: SNAP Snap Inc., best known for Snapchat, its overshare-facilitating mobile app, is going public. If current investor optimism holds, it could prove to be the most expensive tech IPO ever: its current valuation is $25,000,000,000. Skeptics are quick to note that Snap Inc. has never made a profit—it actually lost half a billion last year. Snap is also facing allegations of corporate sexism, being easily distracted by “toys,” and having a confusing interface. Nevertheless, Continue Reading →

Link Round-Up: 25th November, 2016

Happy Thanksgiving to all readers! Concerns Over Cybersecurity Hacking and cybersecurity have been high profile issues of late but especially this week, with a report that Hilary Clinton’s electoral defeat may have been the work of hackers. Deeper analyses of these claims suggest otherwise, however. Unfortunately, not all cybersecurity concerns are groundless: the U.S. Navy has confirmed that hackers gained access to sensitive personal information, including Social Security numbers, of over 130 thousand current and Continue Reading →

STLR Link Roundup – November 18, 2016

Following Election, Facebook Faces Fake News Problem Following the conclusion of last week’s election, Facebook has faced significant media backlash regarding its role in facilitating the propagation of false information leading up to the election. What initially started as an internal conversation amongst senior executives of the firm quickly spread to various news outlets. The media outcry prompted an immediate response from Mark Zuckerberg, in which he claimed: “of all the content on Facebook, more Continue Reading →

STLR Link Roundup – November 11, 2016

Top Climate Change Skeptic to Lead EPA Transition President-Elect Donald Trump has reportedly selected Myron Ebell to oversee the transition efforts at the Environmental Protection Agency. Ebell is the director of the Center for Energy and Environment at the Competitive Enterprise Institute, a Washington, D.C.-based libertarian/conservative think tank. An outspoken denier of manmade climate change and critic of environmental regulatory measures, Ebell has, for example, called the EPA’s Clean Power Plan an “obviously illegal” executive abuse over states and supported Continue Reading →

STLR Link Roundup – October 21, 2016

Widespread Website Outages Caused by a DDoS Attack Internet users, particularly on the East Coast, experienced problems accessing many of their favorite websites on the morning of October 21. A distributed denial of service (“DDos”) attack of unknown origin crippled the services of DNS provider Dyn. Commentators expressed concerns that the attacks were a troubling sign of things to come. At the time of this writing, the source of the attacks is unknown. Some experts Continue Reading →

STLR Link Roundup – October 7, 2016

Online Gambling Lawsuit Dismissed in Ninth Circuit A federal judge dismissed a putative class action against defendant Valve for allegedly facilitating unlawful gambling through its multi-billion dollar online gaming platform. Valve powers gambling sites through which users bet on game outcomes using “trade bots” to trade “skins,” cosmetic items in the game-world that translate into real-world value. The court decided plaintiffs failed to meet the RICO standing requirement because gambling losses are insufficient injury. Critics believe plaintiffs will appeal. The Continue Reading →