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Google drops cash into Lending Club for minority interest

Google has dropped a significant investment into loan-pairing company Lending Club, the companies announced today.

Lending Club announced today that Google has invested in its operation to take a minority stake in the company. Lending Club didn't say exactly how much Google invested, but did say that it was part of a $125 million round of financing. Google and another investor, Foundation Capital, acquired shares from existing investors.

Since its founding in 2007, Lending Club has been growing significantly. The company facilitates loan transactions between those who need cash and those who are willing to dole it out. Lending … Read more

Making sense of the PS4 game lineup

NEW YORK--So the world didn't exactly get what it wanted out of Sony's PlayStation 4 debut tonight. There was no sight of the actual console itself and details about its specific release date and price were also nowhere to be seen.

Sony's team-up with Gaikai is sure to net some interesting ideas and implementations with cloud streaming, the sharing of game screens, remote play, and other concoctions, but the games themselves were what made the biggest impact.

Those pondering the PS4's gaming prowess were served an interesting dish. Ten or so major developers were represented in … Read more

Chinese golf resort tees off with world's largest human QR code

A gigantic QR code took form in China a couple of days ago. Mission Hills China trumpets the accomplishment with the headline, "World's Largest Golf Club & Spa Resort Creates the World's Biggest QR Code." Sounds like someone is obsessed with being the world's largest.

That headline is a little misleading, though. A Canadian corn maze turned out a 309,570-square-foot QR code last year. What Mission Hills China created is most likely the world's biggest human QR code. It certainly beat out the 1,300 people Taiwan drafted for a promotion event.

The club rounded up 2,000 employees for the massive publicity stunt. They stood in designated spots and opened red and white umbrellas above their heads. Seen from 270 feet above the ground, the formation created a scannable QR code. The code links back to an eco-tourism campaign that lets entrants sign up for a chance to win a holiday at the resort.… Read more

Why are audiophiles afraid to admit they're audiophiles?

Most audiophiles don't self identify as audiophiles. I suppose that's because audio is something of a guilty pleasure, best enjoyed solo, and that's part of the problem. Wine aficionados or guys that collect Corvettes aren't shy about their pursuits, but audiophiles have a hard time admitting they love gear.

Audiophiles are the other "one percent." We might be the only people listening -- really listening -- to music at home; the other 99 percent don't. They have music "on," in the background. To me, owning expensive gear doesn't make you … Read more

Mixing audio streams with the reference Traktor Pro for Mac

Traktor Pro for Mac is a popular and highly regarded DJ mixing app for Mac OS X. It is available from many sources, and after the 30-day trial you have to pay $229 USD to buy a license. Traktor Pro for Mac installs easily.

While the price may seem high for a DJ mixing app, Traktor Pro has long been a standard for serious professionals and amateurs alike. Traktor Pro for Mac offers a two-deck interface that lets you cue up audio from two different sources and manipulate a virtual mixer to keep a constant stream of music playing. You … Read more

Sam's Club in unintentionally hilarious Twitter exchange

If your job is to man a large company's Twitter account, it can be troubling task. It feels like you've been married to your customers for a very long time. They complain. They whine. They occasionally call you names.

Still, it's best to read what they send to you before you emit a standard reply that has been agreed by marketing, HR and a team of several cold-faced lawyers.

I mention this because of a slightly amusing exchange that crossed my Twitter feed this week. In the left corner was Sam's Club. In the right, … Read more

Violent video games and aggression: A cumulative effect?

Video games are the subject of so many studies, not to mention findings. Some suggest cognitive benefits, others behavioral issues that may or may not persist over time.

Many of these studies are small enough to require further investigation, and the journalists reporting on them often confuse correlation (when results happen in tandem) with causation (when one action is shown to result from another).

A new study out of Ohio State University suffers from a small sample size (70 participants), but its findings -- that people who play violent video games for three consecutive days show increases in aggression and hostilityRead more

Lending Club plans IPO -- maybe within 18 months

PARIS -- Lending Club, a startup that connects people who want to borrow money with those who want to lend it, is profitable and plans to go public.

Chief Executive Renaud Laplanche discussed the initial public offering at the LeWeb conference here. "We're planning on going public in the next few years," he said in an on-stage interview, then confirmed he'd earlier said 18 months.

An IPO of course brings new funds, though Lending Club currently has $50 million in cash, but Laplanche said he wants to go public for the higher profile it brings. "… Read more

Google Type uses image search to generate fonts

Despite the name, Google Type isn't a real Google product. The site generates fonts based on Google image search, hence the name. You type in words, the site digs through image search and regenerates your text using image versions of each letter.

This is all based on an interesting quirk of Google's image search. If you type in a single letter and search images, Google gives you a lovely collection of image representations for that letter. For example, plug in "Y," and you may see the "Y" from "Yahoo," an illustration of a guy with his arms up in a "Y" shape, and a hand making the hang-loose sign. Any of these could pop up in Google Type.… Read more

Lowrider symphony: Hot hopping-car orchestra performs

Take a lowrider car club. Add a couple of artists. Throw in some wireless audio technology. Do some choreography. Practice for four months. Roll it all out in a parking lot in Albuquerque, N.M. Congratulations, you've just created a lowrider symphony.

Officially called "Symphony 505," a reference to one of New Mexico's two area codes, the performance piece took place during ISEA2012 Albuquerque: Machine Wilderness, a collection of art, science, and technology events with an international conference.

I caught the event on a warm New Mexico Sunday evening. It was equal parts baffling and fascinating. The cars moved about the parking lot, sometimes following each other, sometimes making their own purposeful paths. … Read more