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Russian Head of $4B Bitcoin Exchange Charged in Massive Money Laundering Scheme
July 28, 2017
A grand jury in the Northern District of California indicted a Russian man for running a massive money laundering operation through the BTC-e bitcoin exchange, a group of federal officials announced Wednesday. The exchange allegedly received up to $4 billion in proceeds from various criminal activities, including the 2014 hack of the Mt. Gox bitcoin exchange.
How Amazon Is Transforming Retail
July 27, 2017
Amazon's plan to buy Whole Foods Market has raised many new questions. If the company is successful in making the acquisition, and then successful in operating the business, it could transform the entire grocery industry. If we pull the camera back, we can see how success on the grocery side could foreshadow Amazon's success in many other parts of the retail environment.
Sage Buys Intacct
July 26, 2017
Sage's Tuesday announcement of its agreement to buy Intacct prompts a multilayered look at the evolution of the cloud ERP space. Both companies are partners with Salesforce and have products based on the Salesforce platform. Each is a member of the AppExchange, and both are situated in the broad cloud ERP space, which has been receiving a lot of attention lately as the market seems to be moving en masse, albeit glacially, to the cloud.
FTC to Take a Gander at Amazon's Discount Pricing Practices
July 25, 2017
The FTC reportedly is looking into Amazon's discount pricing practices in response to a complaint filed by Consumer Watchdog over the company's pending $14 billion purchase of the Whole Foods grocery chain. "Asking informal questions about issues potentially related to a corporate acquisition is a natural part of the FTC review process," observed Charles King, principal analyst at Pund-IT.
New Cybersecurity Policy Will Impact Federal IT Market
July 24, 2017
Federal agencies already under the gun to modernize their information technology capabilities have a new set of standards to meet as a result of an executive order President Donald Trump issued this spring. The directive not only will affect agency managers in their IT operations and acquisition activities, but also will have a significant effect on IT vendors.
Major Tech Firms Pressure FCC to Stay the Net Neutrality Course
July 18, 2017
The Internet Association, which represents 40 leading technology companies -- including Facebook, Google, Amazon and others -- on Monday filed comments with the FCC, urging it to maintain Net neutrality regulations enacted during the Obama administration. The rules have created a level playing field that has helped fuel innovation in the broadband Internet space, according to IA.
Free AI Chatbot Goes to Bat for Beleaguered Consumers
July 17, 2017
DoNotPay, an AI-based chatbot app created to help fight parking tickets in the UK, now addresses roughly 1,000 consumer concerns and is available throughout the U.S. as well as across the pond. The app's creator, Stanford student Joshua Browder, announced the expansion last week. Powered by IBM Watson, DoNotPay has about 1,000 bots capable of tackling a variety of legal and service issues.
Vendor Exposes Millions of Verizon Customers on Amazon Cloud
July 17, 2017
Verizon, the largest wireless carrier in the U.S., has confirmed that data belonging to about six million of its wireless customers was exposed after the information mistakenly was allowed to remain unprotected on an Amazon cloud server. The disclosure follows reports that an engineer at Nice Systems allowed the data of 14 million Verizon customers to reside on an Amazon Web Services S3 bucket.
HP Is Back: Should It Rename Itself Compaq?
July 17, 2017
HP just took over the PC market lead worldwide. You probably don't get how incredible this is, so here's an analogy: It's as if a crooked referee put a bunch of lead on a racer who already was overweight and shuffled him to the back of the pack, but in the end, the guy finished first. You'd seriously want to look under his T-Shirt to see if you'd find Superman's costume.
Microsoft Aims to Boost Internet Connectivity in US Heartland
July 11, 2017
Microsoft has unveiled an ambitious plan that would use technology found in the television white space spectrum to develop affordable broadband Internet access for at least 2 million consumers. The aim is to bridge the technology gap between urban and rural American communities. The spectrum is a currently unused portion in the 600 Mhz frequency range.
Trustify President Jennifer Mellon: Diversity Is Good Business
July 8, 2017
"My team has always, from day one, been 70 percent female," said Trustify President Jennifer Mellon. "You know, we're not a flower delivery service -- we're doing private investigation. It's not a space women often lead in, so I'm really proud of that. ... Over 45 percent of my team identified with a protected minority population -- including LGBT, race, ethnic and religious minorities."
The Stupidly Dangerous Politics of Blame
July 3, 2017
I hope that, like me, you are off this long holiday weekend and have a chance to think about the drama that now surrounds the U.S. administration. What I find fascinating isn't that the government is a bit of a mess but that the accidental transparency of this administration is focusing us more on the visibility of the problems rather than on the problems themselves.
Google Gives Up Scanning Personal Gmail
June 30, 2017
Google recently announced the end of its policy of scanning user emails for targeted advertising purposes -- a controversial practice that riled privacy advocates and spurred legal challenges. Gmail is the world's most widely used email provider, with more than 1.2 billion users. Google attributed its decision to gains it has made in the enterprise.
Will Record Fine Cramp Google's Style in Europe?
June 29, 2017
The European Commission has walloped Google unit with a record $2.7 billion for giving its own shopping comparison site preference above smaller competitors, and thus abusing its dominant position as a search engine. Google must end the conduct within 90 days or face penalties of 5 percent of its average daily global revenue, the EC said. Google expressed disagreement with the EC's findings.
Rivals Rev Up as Uber Hits the Skids
June 23, 2017
As Uber reels from the fallout of a sexual harassment scandal that led to this week's ouster of Travis Kalanick and several of his top executives, the company faces twin dilemmas: how to clean up its corporate work environment and restock its executive ranks; and how to maintain credibility with its customer base and core team of street level drivers.
Digital River, Adobe Strengthen Cloud Commerce Alliance
June 22, 2017
Digital River has expanded its ties with Adobe Experience Manager to offer an end-to-end cloud commerce solution targeting the high-tech industry. The new solution, which is based on a 2015 agreement to integrate Digital River's cloud-based Global Commerce Platform with Adobe Experience Manager, offers brands a fresh approach for bolstering their direct channel strategy and competitive position.
Netflix Climbs the Growth Wave as Cable TV Slides
June 22, 2017
A few short years ago, Netflix was nothing more than a mail order Blockbuster-type video rental business. Since then, it has been growing rapidly and changing. Believe it or not, Netflix today has more U.S. subscribers than cable TV. That's an amazing accomplishment for Netflix -- and a major hit to traditional cable television. Netflix and cable TV are on opposite sides of the growth wave.
OTA Report: Consumer Services Sites More Trustworthy Than .Gov Sites
June 22, 2017
The Online Trust Alliance on Tuesday released its 2017 Online Trust Audit & Honor Roll. Among its findings: Consumer services sites have the best combined security and privacy practices. FDIC 100 banks and U.S. government sites are the least trustworthy, according to the audit. The number of websites that qualified for the honor roll is at a nine-year high.
Verizon Makes New Oath
June 19, 2017
Verizon last week completed its US$4.5 billion acquisition of Yahoo's operating business assets, merging it with its existing AOL business to create Oath. The new subsidiary encompasses more than 50 media and technology brands -- including HuffPost; Yahoo Sports, Finance and Mail; AOL.com; Makers; Tumblr; TechCrunch; Flickr; and Build Studios.
Amazon Spends $14B on Whole Foods
June 17, 2017
Amazon has inked a deal to acquire Whole Foods Market for close to $14 billion in cash. The agreement includes assumption of Whole Foods' net debt. Whole Foods will run as a wholly independent subsidiary of Amazon. It will continue to operate stores under its own brand and source products from vendors and partners. Cofounder John Mackey will continue in his role as Whole Foods' CEO.
Visa Seeks to Build Online B2B Ecosystem
June 16, 2017
Visa this week announced the Visa Ready Program for Business Solutions, a strategic framework to help ensure that tech companies integrating with Visa's B2B payment services and data solutions meet the company's standards and are market ready. The program lets Visa's tech partners quickly integrate and approve various Visa B2B payments solutions, including enhanced data, virtual card integration, payables automation, and payment controls.
Chastened Uber CEO Takes Leave of Absence to Work on Self-Improvement
June 14, 2017
Uber Technologies CEO Travis Kalanick said he will take a leave of absence, as a company review led by Eric Holder was made public. The review sketches out a plan to make radical changes to diversify Uber in the wake of allegations of sexual harassment and discrimination. Kalanick accepted responsibility for widespread company problems that led to the investigation.
Uber Ousts Top Deputy as Fate of CEO Kalanick Hangs in Balance
June 13, 2017
Uber Technologies on Monday lost its second-most-important executive in a shakeup stemming from an internal investigation into sexual harassment charges. The changes at the top reportedly could include the temporary loss of Uber's founder and chief executive, Travis Kalanick. Emil Michael -- who served as the company's senior vice president of business and a key lieutenant to Kalanick -- is out.
New Stem Cell Treatment Offers Dramatic Burn-Healing Potential
June 13, 2017
A med-tech startup has developed a novel way to treat burn wounds. RenovaCare harvests a variety of cells, including stem cells, from a healthy area of skin on a patient. Those cells are then suspended in a water-based solution and sprayed onto the wound using the company's SkinGun. "The sprayer allows us to have a generous distribution of cells," explained RenovaCare's Roger Esteban-Vives.
SoftBank to Take Fearsome Robots Off Alphabet's Hands
June 10, 2017
SoftBank on Thursday announced that it will acquire robotics company Boston Dynamics from Alphabet, parent company of Google. SoftBank Robotics is the company's subsidiary that focuses on the development, sales and maintenance of humanoid and service robots. "Smart robotics are going to be a key driver of the next stage of the information revolution," said SoftBank CEO Masayoshi Son."
Microsoft Buys Hexadite to Toughen Windows Security
June 9, 2017
Microsoft on Thursday said it has agreed to buy a Hexadite, which incorporates artificial intelligence in its automated responses to cyberthreats. The acquisition will help bolster the company's efforts to help commercial Windows 10 customers deal with advanced attacks on their networks, Microsoft said. The acquisition will include Hexadite's endpoint security automated remediation.
Pegasystems Nestles in AWS, Azure Clouds
June 8, 2017
Pegasystems has deepened its 7-year-old relationship with Amazon AWS, and also has teamed up with Microsoft Azure, company officials told Pegaworld attendees on Tuesday. The deals are part of a series of planned partnerships aimed at giving Pega's clients choice in their cloud environment and avoiding lock-in. Pega last month inked an agreement to deliver Pega software on Pivotal Cloud Foundry.
The Best Wireless Service and Smartphone
June 8, 2017
During a recent grocery checkout conversation, the cashier asked me which was the best wireless service and best smartphone. This is a question I get frequently, and though it seems straightforward, it's difficult to answer. As I told the cashier, it depends. "On what?" she asked. That's when I realized that the industry's marketing doesn't answer the big question: "Which carrier is best for me?"
Seeding the Next Generation of Consultancies
June 6, 2017
There's been a lot written recently about how artificial intelligence, machine learning and automation are going to displace millions of workers. However, these powerful new technologies already have spawned a surge in demand for a new wave of highly skilled consultants to help organizations capitalize on the added business opportunities resulting from the latest innovations.
Alphabet Jumps on the $1K-a-Share Train
June 5, 2017
Alphabet shares reached a new record high on Monday, surpassing the $1,000 benchmark just a week after Amazon accomplished the feat. Investors placed bets that Google's core search and emerging AI technology will help maintain the company's dominance over rivals. The stock price surged after securities analyst Andy Hargreaves advised investors to get out of Apple and invest in Alphabet.
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What do you think of Apple's new iPhones?
I plan to buy an iPhone X.
I plan to buy an iPhone 8 or 8 Plus.
With the X, the iPhone 8 models already seem inferior.
Any of the new iPhones is better than any other phone.
No phone is worth $1K to me.
I'd never buy an iPhone, regardless of price.
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