NewsPublication Date: 2018-04-17
SAN FRANCISCO — The embattled political data firm Cambridge Analytica quietly sought to develop its own virtual currency in recent months through a so-called initial coin offering, a novel fund-raising method that has come under growing scrutiny by financial regulators around the world. The offering was part of a broader, but still very private push that the firm was making into the nascent world of cryptocurrencies over the last year. Much like its acquisition of Facebook data to build psy...
Illustration: Angelica Alzona/Gizmodo Sitting with a friend in a bar in mid-March, a former Cambridge Analytica employee said he was having a beer when someone texted him Facebook’s announcement that it was kicking the data firm off its platform “pending further information.” “I just remember thinking, ‘Oh my God,’” he told Gizmodo. “This is going to be insane.” “I was like, ‘Man, what am I going to do?’” the former employee continued. “I won’t say the writing was on the wall, I didn’t nece...
NewsPublication Date: 2014-02-12
Weird human resources Start with some of the strangest findings about how we work. The big data start-up Evolv sifts thought millions of pieces of human resources data from clients looking for insights about who applies for jobs and who succeeds at work. The idea is to help companies decide who to hire, and how to manage their teams. Evolv CEO Max Simkoff said his firm has found a series of surprising insights about corporate hiring, based on companies' own data. "We've got data on over 3 m...