technology

Apple’s iMessage encryption trips up feds’ surveillance

"Encryption used in Apple's iMessage chat service has stymied attempts by federal drug enforcement agents to eavesdrop on suspects' conversations, an internal government document reveals. An internal Drug Enforcement Administration document seen by CNET discusses a February 2013 criminal investigation and warns that because of the use of encryption, 'it is impossible to intercept iMessages between two Apple devices' even with a court order approved by a federal judge." Continue reading →

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Judge declares using Google Maps for driving directions illegal in California

"Judge Hamlin reasoned that the law's intent was to prevent all manual operation of the cellphone to curb distracted driving. Hamlin felt this even though Sprigg argued that when the original law specified voice calls, it was felt necessary to append the law to add texting to its purview. Using that example, if the law didn't specify the other operations it covered, then it shouldn't apply to those other operations. Hamlin's decision countered that there was no legislative history that demonstrated the bill's original supporters didn't want texting covered by the law originally." Continue reading →

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NYT: Bubble or No, Virtual Bitcoins Show Real Worth

"So why the sudden run-up in value? Some point to the recent crisis over Cypriot banks, which made a currency beyond the control of governments more tempting. And as with a run-up in anything tradable there is also the hypnotic logic that says the price went up today, so that means it will go up tomorrow. Some observers and investors also make the case that bitcoins are in fact undervalued: The total value of the world’s economic activity is enormous. There are certain transactions that are ideal for bitcoins because the currency is relatively anonymous and does not need to be processed by a financial organization or a government." Continue reading →

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AFP: Bitcoin price bubble soars to record as investors grow nervous

"A cottage industry of stores buying and reselling goods online for Bitcoins has emerged, and some high-profile transactions have helped push the currency into mainstream consciousness. One Canadian man reportedly hoped to sell his house for Bitcoins, and a US man claimed to have traded his 2007 Porsche for 300 Bitcoins. The Cyprus banking crisis – which saw the tiny nation agree a bailout deal with the International Monetary Fund, European Commission and European Central Bank that will shrink the banking sector and lead to losses on deposits of more than 100,000 euros – also coincided with a run-up in Bitcoin valuation." Continue reading →

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The Myth of Journalistic Objectivity

"For generations we have been taught that the ideal journalist is fair, balanced and objective. But the idea of the objective journalist is a myth. Join us today on The Corbett Report as we explore the ideologies and assumptions behind all news media and what alternative models we have for journalism in the online era." Continue reading →

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BionicOpter dragonfly drone flutters about, blows minds

"Festo isn't quite the household name that Boston Dynamics is. (And, really, we're not entirely sure Big Dog is a regular topic of conversation at dinner tables yet.) But, it certainly deserves just as much attention for the work they're doing with robotics. After crafting a machine last year that soared around like a herring gull, now the company has created BionicOpter. The 17.3-inch long dragonfly drone can flutter through the air in any direction, and even hover, just like its biological inspiration." Continue reading →

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San Diego mayor OK with a certain company’s marijuana vending machines

"The San Diego mayor’s office accepts the use of some marijuana vending machines, according to a major manufacturer of the drug-dispensing devices. Though the company’s automated dispensing machine resembles typical vending machines, it differs in key ways. The touch-screen Canna MedBox can only be accessed via a special pre-paid card and fingerprint scan. The machine is also armored to prevent thefts and keeps a record of every transaction." Continue reading →

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Jeff Berwick on FOX Business: Varney and Co. talking Bitcoin ATM

"Jeff Berwick is on FOX Business: Varney and Co. discussing the value of Bitcoin and his recently announced BitcoinATM project set to launch in Cyprus very soon. Read more about BitcoinATM at www.BitcoinATM.com and read the original press release at The Dollar Vigilante: http://dollarvigilante.com/blog/2013/3/25/worlds-first-bitcoin-atm-is-announced-first-location-cyprus.html " Continue reading →

Continue ReadingJeff Berwick on FOX Business: Varney and Co. talking Bitcoin ATM

Retroactive California tax terrifies tech

"Entrepreneurs and investors in California can expect to receive a rude shock in the mail if they sold their company in the last four years. Not only did the state's Franchise Tax Board (FTB) eliminate a tax break on capital gains for small business owners and investors, it announced the tax would be reinstated retroactively. This means those who benefitted from the break can expect a bill for unpaid taxes, plus interest, stretching all the way back to 2008. Now, not only will stockholders have to pay the full tax rate on capital gains, which has risen to about 13%, but they'll also be billed retroactively for 50% of the taxes they excluded." Continue reading →

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Jeffrey Tucker: Bitcoin’s Moment

"The Cyprus disaster sets in place an incredible precedent: Bank deposits will hereafter be treated as government property first and belong to the depositors only at the discretion of the masters of the money. It’s no wonder that Bitcoins are being brought from locales all over Europe, including Spain, Greece, Italy, and beyond. This also accounts for why mainstream news outlets are starting to write about Bitcoin as if it were the real thing, something serious, something that really matters on the world stage. Meanwhile, Bitcoin applications are flourishing all over the Web." Continue reading →

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