An NYU researcher received grant funding to rewrite all 438 sentences Herman Melville’s Moby Dick using Japanese emoticons. Fred Berenson, the researcher, plans to use Amazon’s Mechanical Turk to obtain three different interpretations from each sentence. From there, each sentence will be voted on and one will be chosen.

When asked why he chose Moby Dick as the book to be translated, Mr. Berenson stated that he needed a public domain book and one that was fairly long in order to demonstrate the the capability of Amazon’s Mechanical Turk.

Bloomberg LP has confirmed it’s acquisition of Businessweek. Bloomberg will be paying $2 million to $5 million in cash.

“We are not buying BusinessWeek to gut it. We are buying it to build it” Bloomberg stated.

Businessweek.com has 20 million unique users and 100 million pageviews. It generates $60 million in revenue. It has not been decided what Bloomberg will do with the web operations.

A private business called Internet Eyes encourages citizens to roam through live video clips taken from an extensive CCTV network in the UK and report crime. The website makes the process of video voyeurism into a game–awarding it’s top users cash prizes of £1,000 for catching criminals.

Source: Ironpaper: Current “Internet Game That Uses Surveillance To Stop Real UK Crime”