Diamonds in the web

An online service set for launch early 2007 will perpetually mine the Internet for gems useful to sophisticated financial investors.

“Monitor110” promises to continually sift and sort information from nearly 40 million online sources to uncover business trends or developments before word reaches mainstream media.

It can monitor alternative news websites, government websites, regulatory sites, blogs, union websites, local newspapers. It looks at the type of people linking to the blog and the people that link to the people that link to the blog. [story]

Eric Schmidt Warns Politicians That Elections Will Forever Change
Eric Schmidt, CEO of Google, warned politicians at a Tory party conference in Bournemouth that the outcome of general elections will be changed “within five years” by what Eric Schmidt calls “truth predictor” software.