Duncan Riley
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Samsung is first to market with the Gear VR shipping November 20 for $99
Despite the hype around the second coming of virtual reality (90’s kids will understand the reference), much of it has sounded like vaporware…until now. Tech and consumer giant Samsung Electronics Co. Ltd. is going first to market with their new Gear VR headset now available for order with a shipping date of November 20. The ...
EMC acquisition deal may be in doubt with a report the IRS may slug Dell with a $9b tax bill
The highly publicized and mostly popular news that Dell, Inc. will be acquiring rival cloud computing company EMC Corp. for $67 billion may be in doubt with a report Tuesday that the takeover may result in an insanely crazy tax bill. Re/Code quotes the proverbial insiders as being worried Dell could end up having a ...
Nuts: Animal blog The Dodo raises $11.5m Series B
Animal blog The Dodo.com, Inc. has raised $11.5 million Series B in a round led by Discovery Communications that included Softbank, SBNY, Berggruen Holdings, Lerer Hippeau Ventures, Greycroft Partners and NBA commissioner David Stern. Founded in 2014, The Dodo claims to be building a digital brand for everyone who loves animals and cares about their ...
Blue Coat acquires data science-powered SaaS cloud security firm Elastica for $280m
Enterprise security firm Blue Coat Systems, Inc. has acquired data science-powered Software-as-a-Service (SaaS) app/cloud security firm Elastica, Inc. for $280 million. Founded in 2012, Elastica claims to be the leader in data science-powered cloud application security with services through its Elastica CloudSOC platform allowing clients to leverage cloud and SaaS applications while staying “safe, secure ...
ProtonMail pays Bitcoin ransom to stop DDoS attack, then is attacked further
Distributed denial of service (DDoS) attacks with extortion demands for payments in Bitcoin cryptocurrency to stop them are becoming more and more popular in 2015, but what happens if you give in and pay the ransom? Switzerland-based email service provider ProntonMail (Proton Technologies AG) has found out the hard way that paying the ransom doesn’t ...
Alibaba has acquired China’s version of YouTube Youku Tudou for $3.9b
Chinese eCommerce giant Alibaba Group Holding Ltd. has acquired Youku Tudou, Inc., China’s version of YouTube, for around $3.9 billion. Alibaba already owned shares in the company prior to acquisition, with The Wall Street Journal reporting that the deal priced the company at $4.4 billion. Under the deal Alibaba will pay $27.60 an American depository ...
MMM Ponzi scam may be main reason behind Bitcoin price fluctuations
The price of Bitcoin has been on a rollercoaster ride this week with the cryptocurrency hitting a 12 month high of $490 until settling back down to its current price (at the time of writing) of $360. We’ve discussed the possible reasons behind the Bitcoin price rise in a previous post, but one of the ...
Old school fiat currency bankers say Bitcoin is doomed
Despite the ongoing embrace of Bitcoin by investors and even some banks in the past year, not everyone in the fiat money financial industry has gotten on board yet, and this week was no exception. Leading the pack was J.P. Morgan Chase Chief Executive Officer Jamie Dimons who predicted at the Fortune Global Forum, like ...
Microsoft acquires the company behind popular smart mileage tracking app MileIQ
Microsoft has acquired Mobile Data Labs, Inc., the company behind the smart mileage tracking app MilesIQ for an undisclosed sum. Founded in 2012, MilesIQ offers a service that claims to take the hassle out of mileage tracking with a mobile app that catches drives automatically and syncs them to the cloud, “dramatically simplifying the process ...