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SpinVox: it’s up for sale. Official
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Andrew Orlowski
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A minor SpinVox investor says the beleaguered voice-to-text services company is up for sale. Invesco Perpetual says it’s cashing out, and it’s written down its investment by 90 per cent. In a financial statement this week, Invesco disclosed: More disappointingly amongst the unquoted investments, since the year end, the Company’s holding in SpinVox, the voicemail…
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“And you shall know us by the trail of our debt…”
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Andrew Orlowski
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SpinVox has four months to repay a £30m loan to hedge fund Tisbury. SpinVox put up the company as collateral; the fund’s director John Botts is now SpinVox chairman; Tisbury has already acquired some SpinVox intellectual property. The disclosure that America’s highest flying businesswoman (2005-2008) Patricia Russo came and left was another Reg scoop this…
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SpinVox: Patricia Russo joins, quits almost immediately
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Andrew Orlowski
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Exclusive A form filed on Friday with Companies House show that Russo was appointed as a director of SpinVox Limited on June 2, 2009. No announcement was made to the press at the time. However, yesterday Spinvox disclosed that Russo was no longer a director of the firm. Russo left on August 10. Russo became…
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Kick me again, RIAA!
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Andrew Orlowski
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“ The anti-copyright gaggle has an insatiable need to feel victimized. Injustice burns deep, and is triggered by the merest hint that “The Man” might be tampering with one’s “bits”. Another example of technology utopians trying to bypass politics and claim victimhood – the Net Neutrality” campaign – shows very similar characteristics.” A while ago…
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SpinVox: veni, vedi, descripi
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Andrew Orlowski
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Yesterday’s technology demonstration by SpinVox at its Marlow HQ reminded everyone just how hard it is to do voice to text machine translation, and how far away anyone is from automating the bulk of the voicemail translation in the real world. All of the messages supplied by our small group of visitors tripped through to…
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SpinVox: Enter the Dragon!
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Andrew Orlowski
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To Marlow, where SpinVox today hosted a demonstration for journalists of its technology to convert voice messages to text: two groups of four journalists, to be precise. For a full report on the demo, see this report. Not long after the presentation had got underway, the door opened and in came the chief executive and…