<s>
Prediction	O
markets	O
company	O
NewsFutures	B-General_Concept
(	O
2000-2010	O
)	O
has	O
evolved	O
into	O
Lumenogic	O
,	O
"	O
a	O
consulting	O
firm	O
that	O
specializes	O
in	O
developing	O
and	O
customizing	O
online	O
systems	O
for	O
large	O
organizations	O
to	O
use	O
to	O
gather	O
so-called	O
Collective	O
Intelligence	O
from	O
their	O
employees.	O
"	O
</s>
<s>
Founded	O
in	O
May	O
2000	O
by	O
Émile	O
Servan-Schreiber	O
and	O
Maurice	O
Balick	O
,	O
NewsFutures	B-General_Concept
,	O
Inc	O
.	O
was	O
one	O
of	O
the	O
earliest	O
providers	O
of	O
prediction	O
markets	O
to	O
both	O
the	O
general	O
public	O
and	O
private	O
companies	O
.	O
</s>
<s>
NewsFutures	B-General_Concept
is	O
one	O
of	O
the	O
few	O
prediction	O
market	O
companies	O
cited	O
in	O
the	O
book	O
.	O
</s>
<s>
From	O
September	O
2000	O
to	O
October	O
2009	O
,	O
NewsFutures	B-General_Concept
operated	O
one	O
of	O
the	O
best	O
known	O
prediction	O
market	O
games	O
on	O
the	O
Web	O
,	O
listing	O
contracts	O
on	O
over	O
120,000	O
events	O
on	O
a	O
wide	O
variety	O
of	O
topics	O
in	O
current	O
events	O
,	O
politics	O
,	O
finance	O
and	O
sports	O
.	O
</s>
<s>
The	O
accuracy	O
of	O
its	O
predictions	O
was	O
recognized	O
by	O
James	O
"	O
wisdom	O
of	O
crowds	O
"	O
Surowiecki	O
himself	O
,	O
when	O
he	O
wrote	O
in	O
the	O
New	O
Yorker	O
in	O
2003	O
:	O
«	O
In	O
a	O
sense	O
,	O
the	O
NewsFutures	B-General_Concept
traders	O
are	O
only	O
trying	O
to	O
do	O
what	O
op-ed	O
writers	O
,	O
TV	O
pundits	O
,	O
and	O
Presidential	O
advisers	O
attempt	O
to	O
do	O
every	O
day	O
:	O
predict	O
the	O
future	O
.	O
</s>
<s>
NewsFutures	B-General_Concept
founder	O
Émile	O
Servan-Schreiber	O
,	O
a	O
son	O
of	O
famed	O
journalist	O
and	O
politician	O
Jean-Jacques	O
Servan-Schreiber	O
,	O
has	O
been	O
a	O
leading	O
proponent	O
the	O
idea	O
that	O
prediction	O
markets	O
should	O
be	O
viewed	O
as	O
"	O
quasi	O
journalistic	O
"	O
ventures	O
,	O
i.e.	O
,	O
that	O
their	O
predictions	O
are	O
newsworthy	O
content	O
.	O
</s>
<s>
The	O
NewsFutures	B-General_Concept
market	O
had	O
a	O
distinctive	O
international	O
flavor	O
because	O
it	O
also	O
operated	O
markets	O
in	O
French	O
and	O
in	O
Hungarian	O
,	O
enabling	O
U.S.-based	O
players	O
to	O
trade	O
with	O
European	O
counterparts	O
,	O
each	O
in	O
their	O
own	O
language	O
.	O
</s>
<s>
From	O
November	O
2001	O
to	O
January	O
2004	O
,	O
USA	O
Today	O
co-branded	O
the	O
NewsFutures	B-General_Concept
Sports	O
and	O
Money	O
prediction	O
markets	O
.	O
</s>
<s>
During	O
the	O
2003-2004	O
National	O
Football	O
League	O
season	O
,	O
the	O
play-money	O
predictions	O
of	O
NewsFutures	B-General_Concept
were	O
systematically	O
compared	O
to	O
the	O
real-money	O
predictions	O
of	O
TradeSports	O
(	O
now	O
Intrade	O
)	O
and	O
found	O
to	O
be	O
just	O
as	O
accurate	O
.	O
</s>
<s>
NewsFutures	B-General_Concept
also	O
launched	O
in	O
2007	O
the	O
first	O
charity-driven	O
prediction	O
market	O
,	O
Bet2Give	O
,	O
where	O
real	O
money	O
was	O
being	O
wagered	O
but	O
all	O
profits	O
had	O
to	O
be	O
given	O
to	O
charities	O
of	O
the	O
winner	O
's	O
choice	O
.	O
</s>
