Tag: Prizes
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Overstock's $1M Challenge
As reported in Fast Company, RichRelevance and Overstock.com teamed up to offer up to a $1,000,000 prize for improving “its recommendation engine by 10 percent or more.” If You Liked Netflix, You Might Also Like Overstock When I first read a summary of this contest, it appeared they were following in Netflix’s footsteps right down…
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DARPA Pays MIT to Pay Someone Who Recruited Someone Who Recruited Someone Who Recruited Someone Who Found a Red Balloon
DARPA, the Defense Department’s research arm, recently sponsored a “Network Challenge” in which groups competed to find ten big red weather balloons that were positioned in public places around the U.S. The first team to discover where all the balloons were would win $40,000. A team from MIT won, using a clever method of sharing…