Verizon Buys Terremark for $1.4B
Verizon is buying cloud-service provider Terremark for $1.4 Billion. The purchase will increase Verizon's cloud computing capabilities and increase its ability to compete against Amazon and other cloud based businesses. Terremark has done the "hard work" in building the data center, assembling the team and developing relationships, said McAdam. "We can provide the jet fuel to take off, to kick this into a higher gear," he said. Comments
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PayPal in India is 'Close to Dead'
Beginning March 1st, PayPal in India will fall under new Reserve Bank of India restrictions to PayPal that will severely affect the individual account operations. Check out the PayPal.Com article link for the gory details. PayPal has taken all these steps to comply with the RBI guidelines so we can't really blame them but this is real bad news for their customers in India. Comments
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Driving Simulator Helps ADHD Teens Drive
Researchers at the University of Buffalo are utilizing video game simulation to help teens with ADHD learn to drive safely. The project is in its first year of a five year study and so far the research indicates texting and driving is bad. Dig a little deeper guys, I think you will find more to the problem than that. While texting and driving is dangerous for the average teen, adding the layer of a disorder on top of that makes it particularly hazardous. Comments
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$1.50 per Gallon Synthetic Gasoline
Cella Energy has developed new technology for alternative fuel. It utilizes hydrogen based compounds that can be produced at a projected cost of $1.50 a gallon. "Early indications are that the micro-beads can be used in existing vehicles without engine modification." Comments
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Microsoft Considering Apple's App Store
Microsoft may be joining the App Store bandwagon, selling its Office Suite and components through Apple according to Amanda Lefebre of Microsoft. Hell is freezing over. Presented a choice between accepting a 30 percent cut in revenue, or risking having that revenue not exist at all, 70 percent sounds pretty good Comments
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iPad Digital Newspaper Launches
We reported several weeks ago about The Daily, the joint digital newspaper venture between Apple and News Corp would be delayed for an indefinite amount of time. Looks like Steve Jobs and Rupert Murdoch put aside their differences and looked more at the bottom line. Should the Daily prove successful, it could open the door to other publications attempting their own iPad-only model. Comments
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Facebook: Pay Our Way or Get Out
Beginning July 1st, Facebook will require App developers to deal in Facebook Credits for all transactions in virtual goods. What may upset the developers more than the use of Facebook's official currency, is the 30% cut Facebook receives from every credit. They have you coming and going. Thanks to Lethal for the link. Paying friends back online; buying goods from vendors; wiring money as soon as it's needed. That's PayPal, but there's no reason it can't become Facebook, and there's no reason Facebook, with its social features, wouldn't be a better at it. Comments
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Banks to Be Targeted by Wikileaks?
In a transcript of an upcoming 60 Minutes interview, Wikileaks founder Julian Assange said that banks will probably be targeted this year by internal document releases and admitted he liked to watch the banks squirm under the scrutiny. I believe this guy is beginning to creep out more than just a few people. Assange had told Forbes magazine that WikiLeaks planned a "megaleak" by releasing tens of thousands of internal documents from a major U.S. bank in early 2011 that he expected would lead to investigations of the bank. Comments
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PlayStation 3 Releases Security Update 3.56
Sony has released yet another in a long line of security updates to beef up security in PlayStation 3. This update addresses measures to deter hackers which were supposedly covered in Update 3.55. Wait. What? Sony has to this point refused to change its procedures in lieu of customer complaints. So far, all of PlayStation's updates have been hacked again within days, sometimes hours, of the patch's release. Comments
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Angry Birds Flock to Rio
It would be a rare news day indeed if there wasn't at least some small mention of Angry Birds. This day will be no different. An announcement on Friday by Rovio Mobile and 20th century Fox heralded the creation of a new game based on the wildly popular Angry Birds and the yet-to-be-released CG movie, Rio. Comments
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BBC's 1923 Silent Newsreel Piracy Warning
If you think piracy is a new invention of the computer age, think again. The BBC put out this newsreel back in 1923 to warn would-be wireless pirates from stealing their broadcast radio transmissions. Stop stealing their hertz or you have to answer to the chimp Comments
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Regal Theaters to Double Number of 3D Screens
If you are in the camp that hates 3D and awaits the day it will go away, Regal Cinemas is raining on your parade. Theater giant Regal Entertainment Group is doubling the number of 3D screens in its theaters to 3000. Looks like Regal is betting big bucks on 3D technology being around for a while. Currently, some theaters are forced to phase out movies faster than they'd like, even if they're still profitable, to make room for new 3D movies. There just aren't enough screens for most of them to let three or four 3D movies be playing at the same time. Comments
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Happy Birthday, Apple iPad!
Love it, hate it, kick it or cuss at itÂ….but you have to admit a certain admiration for the device that set off a technological revolution. The iPad celebrates its first birthday this weekend and what a year it was for Apple. Early reviews of the iPad praised the device for how easy and fun it was to use, though questioned where exactly it fitted into the market. Comments
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IE9 RC Ready to Launch
Microsoft is gearing up for a media event launching IE9 RC on February 10th in San Francisco. The launch party is meant to draw media attention to IE9 to help it maintain its lead over rival browsers. Microsoft announced earlier this month that the beta version of Internet Explorer 9 has surpassed 20 million downloads, making it the most downloaded beta release of Internet Explorer ever Comments
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