Link to Full Text By Scott Denne With Netflix Inc. paying out a $1 million prize on Monday to a team of outside researchers that improved its movie recommendation algorithm, two venture-backed start-ups are overjoyed that the “open innovation” model is spreading. BellKor’s Pragmatic Chaos takes the price for Netflix’s recommendation-improvement contest. Open innovation “like any big [...]

One of our StyleHop advisors is very involved with a company that leverages crowdsourcing to create better/faster/more accurate algorithms.  It’s really fun to think about how StyleHop could leverage crowdsourcing to accelerate the iteration of our wisdom of crowd fashion forecasting model.  ~DR Link to Original Article September 21, 2009, 10:15 am Netflix Awards $1 [...]

From Ad Age: How a Notoriously Closed Culture is Adjusting to Social Media Posted by Katie Hillier on 09.10.09 @ 10:03 AM Buzz over New York’s 2009 Mercedes-Benz Fashion Week is growing and the world’s top designers are taking center stage, introducing their long anticipated collections. This is how the fashion industry has operated for [...]

NEW YORK, Sept. 10 /PRNewswire/ — First Growth Venture Network, a mentoring program for high potential seed and early stage start-up tech companies, today announced the selection of 15 seed and early stage start-up tech companies for its first class, or “Inaugural Vintage.” Rest of Story

Our friends at Crowdcast outline the limits of prediction markets:  blog.crowdcast.com