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Some details are starting emerge surrounding the launch of the art discovery start-up Art.sy. WIRED got a sneak peek at the gated beta version and according to the article,  the company is using computer vision software and a panel of experts to provide recommendations based on a similar color palette across mediums. The site uses 550 “art genes” ranked from 1-100 to code the recommendations.

Sound promising?  A few big wigs seem to think so. The Art Newspaper, reported back in June early investors included Google chairman Eric Schmidt, Twitter co-founder Jack Dorsey, venture capitalist Jim Breyer and Wendi Deng Mur­doch as well as well-known gallerist Larry Gagosian.

About Art.sy Art.syis powered by The Art Genome Project, an ongoing study of the characteristics that distinguish and connect works of art. Art.sy evaluates artworks along 500+ characteristics—such as art-historical movements, subject matter, and formal qualities—to create a powerful search experience that reflects the multifaceted aspects of works of art.

As reported by WSJ.com, the Facebook phone is real and HTC will be its OEM.  The device, currently operating under the code name “Buffy” is said to run on enhanced version of Android customized by Facebook in order to best integrate its services as well as support HTML5.  The device is still a long way from hitting shelves with estimates ranging from 12 – 18 months.

Read the full article with more information on the handset on AllthingsD

Today, Google is scheduled to officially announce their mobile wallet concept dubbed,  “Google Wallet.”  As reported by Cnet in a leaked internal memo from The Container Store.  STAY TUNED FOR MORE COVERAGE.

“…this summer Google will launch a test of “contactless” payment through a mobile device–so customers will be able to just tap a special device and pay with their phone in stores at POS! And this Thursday, Google will announce all of the innovative retailers who will be participating in their test–and guess who is on that list? You got it right! We are! And how cool that Google thought of us, The Container Store!”

Google reportedly plans to introduce the service initially in New York, San Francisco, Los Angeles, Chicago and Washington, D.C., as well as partnering with MasterCard and Citigroup to allow the financial giants’ customers to use their debit and credit cards to pay for purchase from their Android smartphones.

Via Cnet

Read more: http://news.cnet.com/8301-1023_3-20066282-93.html#ixzz1NTAyECBG

A new application, i3D is bringing a technology called Head Coupled Perspective (HCP) to bring.  Basically how the application works is the front facing camera on the device tracks the users head movements and adjusts the image accordingly creating the illusion of looking into a box.  On a side note, Google introduced a similar technology for Ice Cream Sandwich at this months I/O event.

via Engadget