Apple Inc. (NASDAQ:AAPL) was long thought to be planning release of the iPhone 6 in September of 2014, but new production news today suggests that the smartphone may witness an earlier than usual launch onto the retail market. One key indicator is that Pegatron, an important Apple … [Read more...]
BlackBerry lays off 120 employees at Waterloo headquarters
BlackBerry, the once dominant smartphone maker known as Research in Motion (RIM), confirmed Monday that it would be laying off an additional 120 employees in its product development and wireless technology divisions at its headquarters in Waterloo, Ontario. The staff reduction was … [Read more...]
Facebook wants to expand their operations to Israel
On Monday, Facebook Inc. (NASDAQ:FB) confirmed the appointment of Adi Soffer Teeni as the GM and director of the company’s operations there. Soffer Teeni will assist clients with marketing in Israel in addition to leading Facebook's commercial operations. Soffer Teeni is also … [Read more...]
Facebook moving forward with facial recognition technology
20 or more years ago, many Sci-Fi movies and television shows featured some version of facial recognition. For instance, you might see a spaceship captain or CEO verify their identities through a facial scanning device. All of that seemed glorious and exciting, making viewers wonder … [Read more...]
Federal Reserve balance sheet growing out of control reaching $4 trillion in 2013
The Federal Reserve announced Friday that its balance sheet soared to $4 trillion by the end of last year. In efforts to revive the United States economy, the nation’s central bank made immense asset acquisitions of $1.1 trillion as part of its monthly $85 billion quantitative easing … [Read more...]
Under Secretary for terrorism and financial intelligence wants federal banking laws applied to bitcoin
David Cohen, Treasury undersecretary for terrorism and financial intelligence, delivered a speech to Bloomberg News in New York on Tuesday, in which he called for federal banking laws to apply to bitcoin because of the major threat that the digital currency possesses: anonymity. By … [Read more...]
Bank of Thailand urges citizens to look at Mt. Gox to see bitcoin risks
The present status of bitcoin in Thailand remains to be confusing to say the least. After shutting down the nation’s largest bitcoin exchange platform, bitcoin.co.th, and then ultimately banning the digital currency, authorities allowed the website to resume operations and thus … [Read more...]
It’s looking less likely that Apple will develop an iTelevision
Apple Inc. (NASDAQ:AAPL) often cloaks its operations in mystery, which provides analysts both amateur and professional with ample room to make sweeping predictions that seldom come true in reality. In the case of Apple's involvement with television manufacture, however, rumors cut … [Read more...]
Apple contemplates launch of new, cheaper 8GB iPhone 5C
Apple Inc. (NASDAQ:AAPL) appears to be poised to launch a new, cheaper version of the iPhone 5C, this one with 8 gigabytes of memory rather than the current 16GB and 32GB. Less power would mean less expensive components within the smartphone's colorful plastic shell, enabling Apple to … [Read more...]
Could Goldman Sachs $200 billion savings claim spell doom for bitcoin
In a Goldman Sachs report entitled "All About Bitcoin," one of the world’s largest financial institutions said that it doesn't necessarily see bitcoin as a viable, legitimate currency. Instead, it noted that bitcoin will likely become an innovative payments technology. One … [Read more...]
Google improves game content for players and developers
This week, the Game Developers Conference kicks off at San Francisco's Moscone Center. While that is taking place, Google Inc. (NASDAQ:GOOG) has announced a bevy of positive changes it is making on games for players and developers. This is a move to address issues with varying items … [Read more...]
Obama Band-Aid: Raising minimum wage is not a viable solution
United States President Barack Obama has been arguing as of late for a minimum wage of $10.10 per hour, an increase from the current federal $7.25. He garnered support from a large number of economists in January, but on Friday he received opposition from more than 500 economists … [Read more...]
BTC-e, Bitstamp handling 75% of trades amid Mt. Gox collapse
After the collapse of one of the largest bitcoin exchange platforms in the world, Mt. Gox, numerous bitcoiners have looked elsewhere to handle their digital currency holdings. Bitcoin exchanges BTC-e and Bitstamp are taking advantage of Mt. Gox’s losses and presently handling a … [Read more...]
Google’s legal chief is appointed to board of Kohlberg Kravis Roberts
Kohlberg Kravis Roberts is an American global investment firm that focuses on leveraged buyouts and private equity. They are headquartered in New York. Well, recently it was announced that David C. Drummond, the chief legal officer of Google Inc. (NASDAQ:GOOG) and senior vice … [Read more...]
Tim Cook is drifting out of touch with what makes his customers tick
The case of Apple Inc.'s (NASDAQ:AAPL) iPhone 5C, which has generated miserable sales compared to its glamorous sibling, the iPhone 5S, raises the question of whether Tim Cook is losing the keen grasp of what his customers want that helped Steve Jobs secure ongoing sales in an earlier … [Read more...]
Twitter implements messaging authentication protocol to combat malware
Twitter Inc. (NYSE:TWTR) has finally found a way of lowering the amount of fake Twitter emails being sent to unsuspecting users. At one time, there was a height of 110 million attack emails using the Twitter name. Unfortunately, the emails were created by cyber-criminals with the … [Read more...]
Smart businesses are interested in bitcoin’s marketing, low-cost transactions
Businesses don’t want to bring down the Federal Reserve. Merchants aren't interested in ending the conventional financial system. Retailers aren’t looking to eliminate Visa, MasterCard or PayPal. No, they’re a neutral body and just want to succeed in today’s difficult economy. Over … [Read more...]
It looks like Google’s flame for the social media platform Wildfire has burnt out
In 2012, Google Inc. (NASDAQ:GOOG) purchased social media platform, Wildfire for $350 million. Google wanted a tasty slice of the Facebook advertising pie. Acquiring Wildfire gave them that piece because the company helps clients manage their Facebook pages. Wildfire helped give … [Read more...]
Can Apple Inc.’s (AAPL) iOS 8 really fix infamously troubled Apple Maps
Apple Inc. (NASDAQ:AAPL) has taken considerable flak over the years for its Apple Maps application, which has shown a number of flaws both small and large. Mislabeled addresses, roads with no names, displacement of actual features from where they should truly be indicated, and similar … [Read more...]
New startup lets you trade in your old electronics for bitcoin
Consumers have acquired a lot of technology, particularly in the past five years with the rise of smartphones, tablets and inexpensive DSLR cameras. However, as we upgrade, what do we do with our older electronics? Well, how about trading them in for bitcoin? A new startup called … [Read more...]
