technology

Former White House ‘intellectual property czar’ jumps to anti-piracy lobby BSA

"Just weeks after leaving the White House, Victoria Espinel will take over as the head of the Business Software Alliance, a group with a shameful past of overaggressive anti-piracy and pro-software patent positions, driven in large part by legacy software companies long past their innovation stage, and well into their 'litigation' against innovators stage. The organization tends to take its orders mainly from Microsoft and Autodesk, two proponents of very strong copyright and patent enforcement, because it helps those legacy companies ward off competitors and disruptive innovators." Continue reading →

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Watch out, startup communities: The Congressmen are coming

"The tech industry and startup world are only just waking up to the need to maintain an ongoing dialogue with Congress, while the political class is starting to realize that innovation and entrepreneurship are vital pieces in the nation’s economic puzzle. In the weeks ahead, however, the gap between the two worlds will shrink just a little as Congressmen fan out across the country to visit startup communities in their home districts. Starting today and proceeding throughout September, 44 members of Congress will be meeting with startups in their home districts from Tennessee to Ohio as part of Startup Day Across America." Continue reading →

Continue ReadingWatch out, startup communities: The Congressmen are coming

How to (Inadvertently) Argue Against the Public Education System

"The idea that everyone should voluntarily herd themselves into the same crappy authoritarian institution, so that all will have some incentive to make that institution somewhat better, is utterly perverse. The beauty of networked communications technology [..] is that it’s no longer necessary to get everybody on the same page, and coordinate their efforts through some common institution, in order for anyone to do anything. The public schools are built on a mass-production industrial model of moving humans to a central location to be processed with a limited, uniform menu of information. But a near-infinite amount of education can now be moved around instantly at almost zero cost." Continue reading →

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Syrian Electronic Army: If U.S. Attacks ‘We Will Target All of It’

"I contacted the group — or at least the people claiming to be part of the group — to ask a few questions and exchanged a series of emails with them. In response, the group followed me on Twitter and responded to one of my direct messages. This only proves the same people that control the Twitter account also control syrian.es.sy@gmail.com. Below, I pasted my full email correspondence with the group. My questions are printed in bold text. The answers from the alleged Syrian Electronic Army (SEA) representatives are completely unedited." Continue reading →

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Microsoft and Google to sue over U.S. surveillance requests

"The companies announced the lawsuit on Friday, escalating a legal battle over the Foreign Intelligence Surveillance Act (Fisa), the mechanism used by the National Security Agency (NSA) and other US government agencies to gather data about foreign internet users. Microsoft’s general counsel, Brad Smith, made the announcement in a corporate blog post which complained of the government’s 'continued unwillingness' to let it publish information about Fisa requests. The companies denied the NSA had 'direct access' to their systems but said they were legally unable to disclose how many times they have been asked to provide information on users." Continue reading →

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Coinsetter CEO’s Message to Banks: You Will Soon Love Bitcoin

"Put yourself into a world in which banks charge $20 to $50 to manage an international wire transfer, but hardly make a profit on it. Conceptualize a world in which banks delay domestic ACH transfers up to three days, in a large part to reduce fraud risk. Imagine a world in which taking on just one new customer necessitates the hiring of another employee. If you’re a commercial bank, these problems are likely all too familiar. Your costs are continuously rising, but your clearing and compliance infrastructure hasn’t changed. Well I have some good news for you: Bitcoin is going to lower your network and compliance costs by 90%, and I guarantee you will be using it within ten years or less." Continue reading →

Continue ReadingCoinsetter CEO’s Message to Banks: You Will Soon Love Bitcoin

How to Make More Money than a Venture Capitalist

"I've taken to calling them growth capitalists (GCs), since that's what they do: fund startup companies through the all-important rapid-growth periods. Instead of placing thousands of bets on charismatic founders with a slide deck and a dream, growth capitalists focus on a different niche: profitable or near-profitable companies with rising revenues that need access to significant capital to grow to the next level, but are too small for public stock or bond offerings. By doing so, they've actually taken a page right out of the VC playbook. Chasing the 1,000x return grand slams, most venture capitalists aren't interested in dealing with companies that are already established—even ones they funded early on." Continue reading →

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Cities Crackdown on Private Transport

"The Dallas City Council was scheduled to vote on a substantial city code rewrite that will redefine everything from who can dispatch a car to who can drive a limo to the cost of a limousine's off-the-lot sticker price (has to be more than $45,000). The rewrite will 'require limousine service to be prearranged at least 30 minutes before the service is provided.' The addendum item says 'the use of computer applications and other technologies by some providers of limousine service has distorted certain distinctions between limousines and taxicabs, and that it's high time the city 'establish those distinctions to help the public understand the differences between those types of passenger transportation services.'" Continue reading →

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Following the Bitcoin trail

"Before the paranoid start dumping their Bitcoins, Ms Meiklejohn says that changes could be made to reduce the trail that her group followed. Mixing services, for instance, can take money from one party and return it using entirely an new key. 'Those kinds of services would completely thwart our kind of analysis', she says. But caveat emptor: in the team’s testing of four mixing services, one stole their money and another returned the same key. She says the trust required and volume necessary for mixing simply doesn’t yet exist. The fundamental problem is that 'right now there are not enough ways to buy and sell Bitcoins,' which means that it is difficult to take advantage of the underlying protocol’s anonymity." Continue reading →

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NSA’s Prism Could Cost Global IT Service Market $180 Billion

"James Staten, a Forrester analyst who follows IT services, argued in a blog post Wednesday that financial losses could prove substantially higher when other market segments are considered. In calculating his higher estimate, Mr. Staten said that in addition to the $35 billion estimated by the ITIF, vendors of hosting and outsourcing services – which offer many of the same services as cloud companies, but use different processes and revenue models — could suffer an additional $100 billion in lost business. Moreover, non-U.S. cloud service providers could lose $35 billion worth of business from international customers, as awareness grows of the surveillance activities of other governments." Continue reading →

Continue ReadingNSA’s Prism Could Cost Global IT Service Market $180 Billion