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US Government Seeks to Regulate Bitcoin Transactions Under Anti-Money Laundering Rules

US Government Seeks to Regulate Bitcoin Transactions Under Anti-Money Laundering Rules

Money laundering is a serious concern for most, or all countries across the globe - be a developed or developing nation. That’s why every country has its own set of anti-laundering rules. While we all know that U.S. has strict money laundering rules for its currency, the nation’s Treasury Department is now putting money-laundering rules into practice for virtual currency as well. Virtual and web currency is difficult to track. It allows for complete anonymity and privacy, and once a transaction is completed, there is no central server with information that a government agency could subpoena. This is the reason that... more »
Over 100 Million Americans Love Free-To-Play Games, Do You?

Over 100 Million Americans Love Free-To-Play Games, Do You?

We all love free stuff--be it free samples, coupons, or games. A recent study conducted by monetization solutions firm PlaySpan, in conjunction with research company Frank N. Magid Associates suggests that over 110 million Americans who prefer F2P over games with a price tag. The poll also reveals that 82 percent of women prefer F2P, while 72 percent of men prefer the F2P over traditional retail models. Male respondents spend an average of $13.38 per month on in-game purchases, while women spend only average $4.84 in the same category. Well, I would say that the poll results are not surprising; given... more »
Only The Walking Dead Can Help Spotify Compete with Netflix

Only The Walking Dead Can Help Spotify Compete with Netflix

Spotify is said to be entering the video streaming service arena, which will put it head-to-head with Netflix - all in the hopes of someday becoming something as big as HBO. Spotify is a cloud music service that lets people listen to the tunes they want, when they want it, for a fee or with ad-laced experience. Though Spotify dreams big, it has yet to fully revolutionize the music industry.  It aimed to make labels dependent on the service, but Spotify is more dependent on record labels, not the other way around.  Record labels earn more since Spotify pays up every time... more »
Oracle Snaps Up Tekelec, Focuses on Smart Broadband Software

Oracle Snaps Up Tekelec, Focuses on Smart Broadband Software

This morning Oracle announced that it has acquired Tekelec, a Morrisville, North Carolina-based firm that develops solutions for communications networks. Terms of the deal were not disclosed. Tekelec has been around since 1971, well before Larry Ellison co-founded Oracle with his Ampex colleagues. The company sells network signaling, policy control and subscriber data management solutions to service providers, and is best known for creating Diameter and SS7. The two protocols are among the most widely-used networking technologies in the telecommunications industry. Oracle, which makes databases and other information-driven software, is looking to grow its stake in the carrier market. The assets it... more »
A Move into the Modern Web World: NoSQL + the Enterprise

A Move into the Modern Web World: NoSQL + the Enterprise

The use of NoSQL databases has grown rapidly over the last 3 years.  NoSQL’s advantages over relational technologies in scalability, performance and data model flexibility have been a big reason. Internet and mobile applications developed by Intern companies, defined as company’s whose entire business revolves around the Internet, were the first to adopt NoSQL.  Initially it was companies like Google, Facebook, and Amazon that pioneered NoSQL and developed their own technologies internally.  Later it was companies like LinkedIn, Zynga, AOL, and Orbitz that adopted open source technologies like Couchbase, MongoDB, and Cassandra. Recently, there has been growing debate about the current... more »
Why Yahoo Acquired Summly News Reader : Concise + Mobile Smart Apps

Why Yahoo Acquired Summly News Reader : Concise + Mobile Smart Apps

Yahoo! just announced that it has acquired Summly, an iPhone app that delivers news about the things you care about at a glance.  Though the Summly app will disappear, its features will live on in Yahoo’s mobile experience as founder Nick D’Aloisio and the rest of the Summly team join Yahoo. So how will the Yahoo mobile experience benefit from a Summly injection? The technology Summly started with a simple extraction algorithm to deliver concise and coherent summaries of news then innovatively used machine learning and natural language processing, as well as evaluation metrics to hone the service.  And to perfect the app,... more »
ServicesAngle News Briefs for March 25, 2013

ServicesAngle News Briefs for March 25, 2013

IBM Crowdsources Information on South African Water Distribution IBM marked World Water Day by announcing a crowdsourcing project to capture, share, and analyze information about the water distribution system in South Africa. The “WaterWatchers” project uses a mobile phone app and SMS to allow South Africans to report water leaks, faulty water pipes, and general conditions of canals. The information will be aggregated into a “WaterWatchers” report to create a single view of issues challenging about Africa’s water distribution system. More Cisco Borderless Networks Enable Innovative Service for Romanian Skiers Romanian startup i-Rewind has introduced an innovative service for skiers developed in partnership... more »
Hostile Takeover for Dell Would Leave CEO, Firm in Deep Sh*t

Hostile Takeover for Dell Would Leave CEO, Firm in Deep Sh*t

Michael Dell’s dreams of taking his company private are threatening to evolve into a hideous nightmare, after it was revealed that two separate bidders have entered the fray in a bid to wrest control of the company from its founder. Dell’s Special Committee of the Board, which was setup to evaluate any other proposed bids for the company, confirmed this morning that it has received separate offers from two of the firm’s biggest shareholders – the investment firm Blackstone and activist investor Carl Icahn, both of whom have their own visions for the company’s future. "The Special Committee, consisting of four independent... more »
Yahoo! Acquires Summly as Gooogle Reader Nears Its End

Yahoo! Acquires Summly as Gooogle Reader Nears Its End

In today’s mobile and social news roundup: Yahoo! acquires Summly; T-Mobile reveals new flexible pricing plans; Apple acquires Wifislam; Facebook Messenger to get voice features in the UK; Galaxy SIV mini sighting; NOOK to have in-app purchasing soon; Shutterfly sues Kodak for photo app; New Apple patent protects iPhone from drops; and Evernote 5 now available for Android devices. Yahoo! acquires Summly Yahoo! is beefing up its refreshed mobile efforts as it announced the acquisition of Summly, a mobile service that delivers news fast, easily and beautifully by providing users with concise summaries of online content. Summly was created by Nick D’Aloisio when... more »
Windows Blue Update Leaked: More Tile Sizes, More Multi-Tasking & More

Windows Blue Update Leaked: More Tile Sizes, More Multi-Tasking & More

Yet more tidbits have emerged over the kinds of changes we can expect to see with Windows Blue, a planned update to Microsoft’s Windows 8 operating system that is set to be rolled out sometime later this year. The Windows 9 Beta blog was the first to report that a leaked version of Windows Blue somehow found its way onto several file-sharing sites. The file, which appears to be genuine following checks on the setup.exe within the download, shows off a number of new features that will, with any luck, improve the overall user experience and win over some of those... more »

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