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Saturday, September 29, 2007

ZiiTrend: The Latest Social Prediction Website

ZiiTrend: The Latest Social Prediction Website

Excerpt:
"ZiiTrend comes up with a group prediction based on every player’s vote. Unlike a true prediction market like Trendio, though, where players actually trade virtual stocks around events and predictions are derived from the resulting price, ZiiTrend makes things simpler. You simply make a prediction, and ZiiTrend’s neural-network algorithm blends your answer with everyone else’s to come up with a statistically valid answer that captures the crowd’s intelligence. Rather than revolving around trading, which is hard for many people to grasp, the site’s main appeal is designed to be more around social news exchange. Similar to PlaytheDay, which creates group predictions out of a quiz, ZiiTrend wants to make the whole process accessible to more people."

Spanish Social Network, Wamba, Scores 3M Euros in Funding from Early Skype Investor

Spanish Social Network, Wamba, Scores 3M Euros in Funding from Early Skype Investor

Excerpt:
"¡Que rico! Early Skype investor Morten Lund has gained 40% ownership of Wamba after making an investment of 3M euros in the Spanish social network."

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