| Monday, January 27, 2014 Advertisement
Good morning! Here's the most buzzed-about tech news right now: - Google is buying an artificial intelligence startup, DeepMind. Larry Page was involved in closing the deal, according to Re/Code.
- The acquisition price wasn't disclosed, but reports suggest Google paid ~ $500 million for DeepMind and beat out Facebook.
- Tom Perkins, who helped create VC firm Kleiner Perkins Caufield & Byers, likened those who criticize the rich to Nazis. "In the Nazi area it was racial demonization, now it is class demonization,” he told Bloomberg.
- Vox Media is launching a new website to accompany its other brands, SB Nation and The Verge. The working title is "Project X," and it will be led by former Washington Post journalist Ezra Klein.
- Out of 2,600 DAVOS attendees, only 15% were women. Women explain what it's like to attend the "old boys economic forum."
- Watch long-lost footage of Steve Jobs demoing the Mac in 1984.
- There are now more than 30 startups worth $1 billion.
- Snapchat CEO Evan Spiegel gave a keynote at the AXS Partner Summit. In it, he discussed his vision for Snapchat. "We no longer have to capture the 'real world' and recreate it online," he said. "We simply live and communicate at the same time…Snapchat focuses on the experience of conversation — not the transfer of information."
- Why some struggling startups get bought for millions of dollars while others are left to die.
- Watch Bill Gates get smoked by the world's best chess player in 80 seconds.
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