technology

More Small Businesses Embrace Bitcoin

"Having the latest technology can help a small company stand out against the competition. And that is perhaps the biggest reason Bitcoin, a nascent system using virtual currency to make payments online, has drawn a strong following among small-business owners. It is unclear if business transactions were part of the original vision for Bitcoin, which was started in 2009 and isn't backed by a central bank. BitPay Inc., an Atlanta firm that processes Bitcoin payments, says it has signed up more than 8,000 merchants world-wide—all small companies—since it formed in May 2011." Continue reading →

Continue ReadingMore Small Businesses Embrace Bitcoin

British inventor of the World Wide Web scolds ‘insidious’ Western governments over spying

"The British inventor of the World Wide Web accused Western governments of hypocrisy in spying on the Internet while lecturing repressive leaders across the world for doing exactly the same. Tim Berners-Lee, a London-born computer scientist who invented the Web in 1989 as the Berlin Wall crumbled, said the West was involved in 'insidious' online spying that could change the way normal people use their computers. Berners-Lee said the revelations about U.S. and British spying could alter the way people use the internet, especially for younger generations who can use it in intimate ways. He also questioned whether the governments could safeguard sensitive data once collected." Continue reading →

Continue ReadingBritish inventor of the World Wide Web scolds ‘insidious’ Western governments over spying

Government considers using search engines as source of cheap info on citizens’ lives

"It takes a lot to make the prospect of filling in a 52-page census form appealing. But the suggestion that Google’s vast stores of data could soon help replace it probably does the trick. Internet search engines could be used as a source of cheap information on citizens’ lives, interests and movements, a government paper has suggested. It could spell the end of the national census, which was first conducted in 1801 and has been carried out every ten years since, apart from during the Second World War. It aims to cover every home in the country but the last census – the 52-page giant in 2011 – missed out three-and-a-half million people." Continue reading →

Continue ReadingGovernment considers using search engines as source of cheap info on citizens’ lives

Prepaid Card Can Be Funded by Bitcoins

"Bitcoin has been making huge strides in the news lately, with more stores and customers using it every day. The latest development in the Bitcoin world is a new prepaid debit card available in the United Kingdom. This card can be purchased with and funded by Bitcoins, and it can be used in stores like any other prepaid card. Surprisingly, the Bitcoins you put into the card do not come out as Bitcoins. They come out as Euros, British pounds and other forms of currency. This means that you do not have to only use it at stores that accept Bitcoins. You can use it anywhere MasterCards are accepted." Continue reading →

Continue ReadingPrepaid Card Can Be Funded by Bitcoins

The Real New Hope for the Global Middle Class

"The idea is that if people protest loudly enough, monopoly government – Leviathan – shall oblige protestors by revealing its inner workings. We know this is possible because a worldwide transparency organization led by a former World Bank executive tells us it will be so. But we have another idea. Much that is going on in the world today is attributable to what we call the Internet Reformation. Around the world, the powers-that-be are struggling to contain its evolution and impacts. In our view, they probably will not be entirely successful. One can orchestrate protests and violence. But one cannot outrun the sociological impact of digital enlightenment." Continue reading →

Continue ReadingThe Real New Hope for the Global Middle Class

NBC: ‘Bitcoin losing shine after hitting the spotlight’

"The old, informal methods of using Bitcoin are dying out: Of the two largest 'exchanges' where Bitcoins are bought and sold, one, Bitfloor, shut down in April following a major theft, and the other, Mt. Gox, is facing potential criminal charges after failing to properly disclose its financial practices to FinCEN, a U.S. regulatory body. FinCEN recently acknowledged 'decentralized virtual currencies' like Bitcoin as being real money, prompting scrutiny. New firms are learning from predecessors, working with regulators and established financial players from the get-go, and structuring themselves in order to handle large amounts of money without meltdowns." Continue reading →

Continue ReadingNBC: ‘Bitcoin losing shine after hitting the spotlight’

A patent on watching ads online? No problem, says top patent court

"The Electronic Frontier Foundation started fighting against the Ultramercial patent in 2011, filing a brief with the appeals court stating that '[m]erely filing a patent application covering an idea that takes place on the Internet (especially without explaining any of the programming steps) does not somehow make an abstract idea (which is unpatentable) somehow not abstract (so it is patentable).' In its reaction to the ruling Friday, the EFF said, 'It's time for the Supreme Court to step in and tell the Federal Circuit once and for all that abstract ideas—such as a process for viewing ads before accessing copyrighted content—are unpatentable.'" Continue reading →

Continue ReadingA patent on watching ads online? No problem, says top patent court

Snap up a pint in Britain’s first Bitcoin pub

"Bitcoin has its first British boozer. The Pembury Tavern in Hackney, east London – as well as its sister pubs in Cambridge, Norwich and Peterborough – are now accepting the virtual currency. The system is quick and effective. The bar staff press two buttons on the till and the screen displays a QR code. The customer opens their digital Bitcoin wallet, takes a snap of the screen and confirms the payment. The staff press one more button and the transaction is complete. Snapping the QR code in a crowded bar could be a challenge but in a quiet pub it is faster than paying by card." Continue reading →

Continue ReadingSnap up a pint in Britain’s first Bitcoin pub

Silver found to be key weapon in fight against antibiotics resistance

"Silver may be a key weapon in the fight against drug-resistant bacteria, according to Boston University scientists. A team of researchers lead by biomedical engineer James Collins, say adding silver to antibiotics can make them up to 1,000 times more effective, especially when it comes to combating Gram-negative bacteria — one of the hardest pathogens to kill. The findings, published in the journal Science Translational Medicine, comes only weeks after Britain’s top doctor, Sally Davies, began its media campaign to warn about the rise of drug-resistant superbugs, which she considers a risk for humankind of 'apocalyptic consequences.'" Continue reading →

Continue ReadingSilver found to be key weapon in fight against antibiotics resistance

Spying fears highlight worth of Swiss data centres

"‘Trust’ is the watchword of the expanding Swiss data storage industry as it quietly carves out a highly lucrative global niche. Recent revelations of U.S. intelligence agency spying, coupled with ongoing reports of espionage emanating from China, may have raised public consciousness of the dangers to data but the industry has known about it for years. Some data storage providers have taken security to extremes, housing their servers in ex-military alpine bunkers, such as the aptly-named ‘Fort Knox’ in canton Bern. One company using the bunker, Siag – which labels itself the 'Swiss private bank for digital assets' - refuses to deal with US clients on security grounds." Continue reading →

Continue ReadingSpying fears highlight worth of Swiss data centres