Netflix Cancels Netflix Prize Sequel Due To Privacy Lawsuit
Netflix Cancels Netflix Prize Sequel Due To Privacy Lawsuit By David Chen/March 12, 2010 6:04 pm EST In October 2006, Netflix launched a contest that challenged entrants to improve its recommendation algorithm by 10%. The winner(s) would receive $1 million, dubbed the Netflix Prize. It was a win-win: Netflix received relatively cheap R&D, while everyday statistics enthusiasts had a shot at making a big payday. The results of the competition came down to a buzzer-beating finish, with a group called BellKor Pragmatic Chaos submitting the winning entry just four minutes before the contest was over....