The Web Is Dead. Long Live the Internet
Two decades after its inception, the World Wide Web has been eclipsed by Skype, Netflix, peer-to-peer, and a quarter-million other apps. Sources: Cisco estimates based on CAIDA publicationsIllustration: Andrew Odlyzko Two decades after its birth, the World Wide Web is in decline, as simpler, sleeker services—think apps—are less about the searching and more about the getting. Chris Anderson explain
What's Blockchain Actually Good for, Anyway? For Now, Not Much
Not long ago, blockchain technology was touted as a way to track tuna, bypass banks, and preserve property records. Reality has proved a much tougher challenge. In early 2018, Amos Meiri got the kind of windfall many startup founders only dream of. Meiri’s company, Colu, develops digital currencies for cities—coupons, essentially, that encourage people to spend their money locally. The company was
‘Crash Override’: The Malware That Took Down a Power Grid
In Ukraine, researchers have found the first real-world malware that attacks physical infrastructure since Stuxnet. At midnight, a week before last Christmas, hackers struck an electric transmission station north of the city of Kiev, blacking out a portion of the Ukrainian capital equivalent to a fifth of its total power capacity. The outage lasted about an hour---hardly a catastrophe. But now cyb
Russians Engineer a Brilliant Slot Machine Cheat---And Casinos Have No Fix
Digging through slot machine source code helped a St. Petersburg-based syndicate make off with millions. In early June 2014, accountants at the Lumiere Place Casino in St. Louis noticed that several of their slot machines had---just for a couple of days---gone haywire. The government-approved software that powers such machines gives the house a fixed mathematical edge, so that casinos can be certa
All About Lady Gaga's Super Bowl Halftime Show Drones
This year's Super Bowl halftime show featured hundreds of swirling, swarming drones. The best Super Bowl halftime shows leave indelible memories, be it a notorious wardrobe malfunction, that goofy Left Shark, or every last second of Beyoncé's two appearances. It's too soon to say whether anything Lady Gaga did tonight will resonate, but at least she offered something new: An army of dancing drones
Algorithms Take Control of Wall Street
Artificial intelligence is here. In fact, it's all around us. But it's nothing like we expected. Today Wall Street is ruled by thousands of little algorithms, and they've created a new market—volatile, unpredictable, and impossible for humans to comprehend.Mauricia Alejo Last spring, Dow Jones launched a new service called Lexicon, which sends real-time financial news to professional investors. Th
Disney's $1 Billion Bet on a Magical Wristband
If you want to imagine how the world will look in just a few years, once our cell phones become the keepers of both our money and identity, skip Silicon Valley and book a ticket to Orlando. Go to Disney World. Then, reserve a meal at a restaurant called Be Our Guest, using the Disney […] The Magicband wields access to the park, replacing virtually every transaction you'd make inside. Bob Croslin I
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