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Apple taps markets for record $17bn funding

Tue, 30 Apr 2013 00:00:00 -0700

BBC News - Apr. 30 (News Report) - Apple has raised $17bn (£10.9bn) via a bond sale, the biggest ever by a non-banking company, to help fund its plan for extra payouts to shareholders.

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Twitter Causes A Flash Crash, Highlighting Market's Structural Problems

Tue, 23 Apr 2013 00:00:00 -0700

Huffington Post - By Mark Gongloff - Apr. 23 (News) - You could say that this is a sign that high-frequency trading -- and the flash crashes that come with it -- aren't really such bad things. But these events are steadily chipping away at investor confidence in the markets. And the next crash might not be so easily shaken off. "It'll happen again," Saluzzi said. "It's a matter of when."

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Cloud's Real Ecological Timebomb: Wireless, Not Data Centers

Mon, 15 Apr 2013 00:00:00 -0700

cacm.acm.org - By Rohan Pearce - Apr. 15 (News Analysis) - Although environmentalists have criticized cloud service providers for a lack of transparency concerning their data centers' energy efficiency, a University of Melbourne report warns that the growing use of cellular and Wi-Fi networks to access cloud services is the real ecological threat.

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The Antisocial Network of Bitcoins

Mon, 15 Apr 2013 00:00:00 -0700

New York Times - By By PAUL KRUGMAN - Apr. 15 (Opinion) - Bitcoin’s wild ride may not have been the biggest business story of the past few weeks, but it was surely the most entertaining. Over the course of less than two weeks the price of the “digital currency” more than tripled. Then it fell more than 50 perce

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Booting up Arab access to Israeli high-tech jobs

Fri, 12 Apr 2013 00:00:00 -0700

Christian Science Monitor - By Ben Lynfield - Apr. 12 (News Report) - Arabs make up 20 percent of the Israeli population, but only 1.4 percent of Israel's high-tech industry. One NGO is closing the gap by helping Israeli Arabs through the job search process. ...

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DealBook: Never Mind Facebook; Winklevoss Twins Rule in Digital Money

Thu, 11 Apr 2013 00:00:00 -0700

New York Times - By By NATHANIEL POPPER, PETER LATTMAN - Apr. 11 (Investigative Report) - Cameron and Tyler Winklevoss, known as nemeses of the Facebook founder Mark Zuckerberg, have amassed what seems to be one of the largest portfolios of the bitcoin.

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Ex-White House Official Joins Group Fighting "Excessive" Online Privacy Laws

Fri, 29 Mar 2013 00:00:00 -0700

Mother Jones - By Dana Liebelson - Mar. 29 (News Report) - As the Obama administration and tech company lobbyists chip away at the European Union's attempts to protect online privacy, a new pro-industry coalition has popped up to join the fray. Not quite two weeks ago, the Coalition for Privacy and Free Trade announced its existence. The group's senior academic adviser is Daniel Weitzner , who, less than two years ago, was working as the White House's deputy chief technology officer for internet policy. Weitzner tells Mother Jones that he joined the coalition because he wants to strengthen privacy laws while ensuring the free flow of information. He worked for the administration from March 2011 to August 2012, leading the development of the much-lauded Consumer Privacy Bill of Rights, a blueprint that asserts Americans' right to control what happens to their online data. Marc Rotenberg, president of the Electronic Privacy Information Center, calls the document "a significant achievement" and says that "Danny deserves a fair amount of credit for it." But, ...

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Nick D’Aloisio, 17, Sells Summly App to Yahoo

Tue, 26 Mar 2013 00:00:00 -0700

New York Times - By Brian Stelter - Mar. 26 (Special Report) - Nick D’Aloisio, a programming whiz who wasn’t even born when Yahoo was founded in 1994, sold his news-reading app, Summly, to Yahoo.

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Google Concedes That Drive-by Prying Violated Privacy

Tue, 12 Mar 2013 00:00:00 -0700

New York Times - By David Streitfeld - Mar. 12 (News Report) - The $7 million fine was for the secret collection of personal information from wireless networks as Google photographed houses and offices for its maps service.

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Spy Chief Calls Cyberattacks Top Threat to the US

Tue, 12 Mar 2013 00:00:00 -0700

New York Times - By Mark Mazzetti, Scott Shane - Mar. 12 (Opinion) - It was the first time that James R. Clapper Jr., the nation’s top intelligence official, has listed cyberattacks first in his annual presentation to Congress.

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Op-Ed Columnist: The Professors’ Big Stage

Wed, 06 Mar 2013 02:52:00 -0800

New York Times - By By THOMAS L. FRIEDMAN - Mar. 06 (Opinion) - I just spent the last two days at a great conference convened by M.I.T. and Harvard on “Online Learning and the Future of Residential Education” — a k a “How can colleges charge $50,000 a year if my kid can learn it all free from massive open online courses.

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U.S. Weighs Risks and Motives of Hacking by China or Iran

Mon, 04 Mar 2013 00:00:00 -0800

New York Times - By By NICOLE PERLROTH, DAVID E. SANGER, MICHAEL S. SCHMIDT - Mar. 04 (News Analysis) - Motives for a cyberattack, which could range from industrial spying to disabling the power grid, remain obscure.

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First SOPA, Now Your Privacy: Facebook, Google Flex Lobbying Muscle in Europe

Fri, 01 Mar 2013 00:00:00 -0800

Mother Jones - By Dana Liebelson - Mar. 01 (Opinion) - When the US government tried to regulate the Internet in 2011, through the Stop Online Piracy Act (SOPA) and a corresponding Senate bill, Silicon Valley tech giants and civil liberties organizations went ballistic. The two groups, often at odds, banded together to fight the controversial bills, which would have given the government enormous power to regulate web content and censor sites that appeared to be violating copyright laws. The protesters organized Internet blackouts , and squashed the measures before you could type, "Free streaming Walking Dead." But now some of the companies that fought SOPA , including Google , Yahoo !, Facebook , Amazon, and eBay , are joining with initial SOPA supporters and the Obama Administration to thwart the European Union's attempt to protect the personal information of European citizens—and American privacy advocates are back to fighting the tech behemoths. In January 2012, the European Union proposed overhauling existing privacy laws in its member ...

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Video - What Is 3D Printing? And Will It Change the World? - The Atlantic

Fri, 01 Mar 2013 00:00:00 -0800

Atlantic Monthly - Mar. 01 (News) -

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Scientists show off stretchy battery

Tue, 26 Feb 2013 00:00:00 -0800

BBC News - By Jason Palmer - Feb. 26 (News Report) - Researchers have demonstrated a flat, "stretchy" battery that can be pulled to three times its size without a loss in performance.

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HTC Settles F.T.C. Charges Over Security Flaws in Devices

Sat, 23 Feb 2013 00:00:00 -0800

New York Times - By Edward Wyatt - Feb. 23 () - The Federal Trade Commission charged HTC with customizing software on its phones in ways that could steal personal information and surreptitiously send text messages.

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Google Looks to Make Its Computer Glasses Stylish

Thu, 21 Feb 2013 00:00:00 -0800

New York Times - By By CLAIRE CAIN MILLER - Feb. 21 (Comment) - Google Glass offers voice-controlled computing power before your eyes. It is difficult, however, to look sharp with a battery and a small processor on your face.

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Data mining is new K Street gold

Sun, 17 Feb 2013 00:00:00 -0800

The Politico - By Byron Tau - Feb. 17 (News Report) - Data mining is new K Street gold

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Paralyzed man uses thoughts alone to control robot arm, touch friend's hand, after seven years

Sun, 10 Feb 2013 00:00:00 -0800

ScienceDaily - Feb. 10 (News Report) - An electrode array sitting on top of the brain enabled a 30-year-old paralyzed man to control the movement of a character on a computer screen in three dimensions with just his thoughts. It also enabled him to move a robot arm to touch a friend's hand for the first time in the seven years since he was injured in a motorcycle accident.

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Trumpeting technological strength, Iran releases video it says is from downed US drone

Sat, 09 Feb 2013 00:00:00 -0800

Christian Science Monitor - Feb. 09 (News Report) - The release of the video comes as Iran showcases a slew of scientific and technological advances to herald the anniversary of the Islamic Revolution, which will be celebrated on Feb. 10.

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Chinese Hackers Infiltrate New York Times Computers

Thu, 31 Jan 2013 00:00:00 -0800

New York Times - By By NICOLE PERLROTH - Jan. 31 (News Report) - SAN FRANCISCO — For the last four months, Chinese hackers have persistently attacked The New York Times, infiltrating its computer systems and getting passwords for its reporters and other employees. The New York Times published an article in October abo

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App-rica

Tue, 29 Jan 2013 00:00:00 -0800

The Daily Beast - By Jake Bright - Jan. 29 (News Report) - During a 2011 mobile-finances presentation at a major American bank, I noticed one of the bankers, an African immigrant, chuckling. U.S. tech vendors described “cutting-edge” mobile applications “due out in a year or two” that would allow Americans to use phones for basic banking. “Cutting edge? Man, we’ve had that stuff in Africa for years now,” the African banker said to me.

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The great reset: Will smart machines create a world without work?

Fri, 25 Jan 2013 00:00:00 -0800

Gazette - By BERNARD CONDON,AP Business Writers PAUL WISEMAN,AP Business Writers WASHINGTON (AP) — - Jan. 25 (Investigative Report) - This yearlong series by The Associated Press looks at the major changes wrought by the Great Recession since it began in December 2007. This week’s installments document the recession’s profound impact on jobs. WASHINGTON (AP) — They seem right out of a

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Recession, new technology kill middle-class jobs, many for good

Wed, 23 Jan 2013 00:00:00 -0800

Dallas Morning News - By "The effect of [technology] on white-collar jobs is huge, but it's not obvious," says MIT's McAfee. Companies "don't put out a press release saying we're not hiring again because of machines." Peter Lindert, an economist at the University of California, - Jan. 23 (Investigative Report) - EDITOR'S NOTE: First in a three-part series on the loss of middle-class jobs in the wake of the Great Recession, and the role of technology. NEW YORK — Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-

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Electronic Records Systems Have Not Reduced Health Costs, Report Says

Fri, 11 Jan 2013 00:00:00 -0800

New York Times - By By REED ABELSON, JULIE CRESWELL - Jan. 11 (News Report) - The conversion to electronic health records has failed so far to produce the hoped-for savings in health care costs and has had mixed results, at best, in improving efficiency and patient care, according to a new analysis by the influential RAND Corporat

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