Saturday, October 26, 2013

FBI seizes 144,000 Bitcoins from Silk Road founder worth $28.5 million



When the Federal Bureau of Investigation nabbed alleged Silk Road founder Ross Ulbricht, they left behind one giant piece of the puzzle – the mastermind’s hidden stashes of Bitcoins that may collectively be worth as much as $80 million.

Blackberry not a strategic fit for us: SAP CFO in magazine



(Reuters) - German business software group SAP is not interested in bidding for troubled smart phone maker Blackberry, its chief financial officer told a German magazine.

Exclusive: Aiming to avoid Facebook chaos, NYSE runs Twitter IPO test



(Reuters) - The New York Stock Exchange on Saturday did a test run of Twitter's highly anticipated market debut, as it seeks to avoid the types of problems that plagued Facebook's initial public offering on rival Nasdaq.

Friday, October 25, 2013

PlayStation 4 will require a Day One update to enable many basic features



Sony’s PlayStation 4 will require a Day One software update to enable full console functionality. The patch will weigh in around 300MB and enable basic features like Blu-ray and DVD support, party chat and the ability to listen to music in the background while playing a game.

Germany proposes locked-down national internet after recent NSA scandal



This morning information on the NSA phone tapping of 35 different world leaders dropped courtesy of whistleblower Edward Snowden, and now Deutsche Telekom is proposing to create a national internet to shield German users from prying eyes.

Nexus 5 expected to debut October 31 in the US


The anticipation and excitement surrounding the upcoming Nexus 5 smartphone and Android 4.4 Kitkat software update have reached a feverish pace, especially when you consider the phone briefly appeared on the Google Play store last week. And if the latest rumors prove to be true, consumers won’t have to wait much longer for the device as the latest suggests it will launch on October 31 in the US.

Telecom Italia shares extend losses amid capital hike talk



(Reuters) - Shares in Telecom Italia accelerated losses on Friday afternoon after a report said the debt-laden company might propose a rights issue for up to 2 billion euros ($2.8 billion).

Nasdaq says FINRA caps Facebook IPO claims at $41.6 million



(Reuters) - The total value of the claims that market makers can recover after suffering losses due to Nasdaq OMX Group Inc's botched handling of Facebook Inc's initial public offering is $41.6 million, the exchange operator said Friday.

Analysis: Apple, Facebook options reflect hopes for stock gains



(Reuters) - The options market is reflecting a higher probability of large upside moves in Apple Inc and Facebook Inc stock when both companies report quarterly earnings next week.

Thursday, October 24, 2013

Microsoft beats profit forecasts, shares jump



(Reuters) - Microsoft Corp cruised past Wall Street's quarterly profit and revenue forecasts on Thursday, helped by strong sales of its Office and server software to businesses, sending its shares up more than 5 percent after hours.

DARPA announces competition to build automated cyber defense system with $2M grand prize



The Pentagon has launched a competition calling on software developers to build a fully automated cyber defense system. The Cyber Grand Challenge will run for the next three years which should give contestants plenty of time to meet all of the Defense Advanced Research Projects Agency’s (DARPA) requests.

YouTube reportedly has its own paid subscription music service in the works



It appears as though all the big companies want to have their own music streaming service, and now it looks as though Youtube could be the next to do so.

T-Mobile extends 'Uncarrier' strategy to tablets with payment plans and free data



T-Mobile has spent the majority of 2013 rolling out an attractive set of features and services for phone users but with just a couple of months remaining, the wireless provider is shifting its attention to tablets.

Canon cuts profit forecast on first annual drop in high-end camera sales



(Reuters) - Japan's Canon Corp cut its operating profit outlook for the second quarter in a row, below analysts' estimates, warning that sales of its signature high-end cameras will fall this year for the first time since their launch in 2003.
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