Tag archive: massachusetts institute of technology

A group of highly skilled, big-spending gamblers in Massachusetts are using a unique loophole in the state's Cash WinFall lottery to win millions of dollars every three months, without fail, reports the Boston Globe. And they are using their computer science and mathematical skills to help bring in massive paydays. What the gamblers are doing is not, in itself, illegal — or, at least, the law on the gambling practices live in a very grey… Read More

Consumer electronics company Bose Corporation was founded in 1964 by Amar Bose. The 81-year-old billionaire, who is a graduate of and former professor at the Massachusetts Institute of Technology, has gifted a majority share of his company to the school, The Boston Globe reports. Bose accepted a job at the school after his graduation and continued teaching there until 2001, all in addition to his duties as the head of a major company. The… Read More