Mike Wheatley
Latest from Mike Wheatley
New York wants to make a ‘BitLicense’ for Bitcoin users
New York could become the first state to effectively “legitimize” virtual currencies like Bitcoin. At the moment, authorities are struggling to come to grips with most cryptocurrencies, as there are no rules or regulations governing how businesses must deal with them. To simplify things, the state is now mulling over the creation of a special ...
OpenStack doesn’t need a leader, it just needs to evolve
One of the most common arguments made against OpenStack is that it has no dominant leader to set a clear direction. In other words, OpenStack lacks a cohesive vision, and that could lead to it fizzling out some day. This might be the case, but there are several reasons why this argument is flawed. While ...
Bitcoin Bust: BitInstant CEO Charlie Shrem nabbed on money laundering charges
Another major Bitcoin-related bust went down last night when US law enforcement officials arrested the operator of exchange website BitInstant.com, alongside a second individual, charging them with money laundering tied to the sale of illegal drugs, the Washington Post reported last night. Charlie Shrem, CEO, and Robert Faiella, were apparently arrested for planning the sale ...
Google gets smarter, acquires AI firm DeepMind for $400M
Google is said to be acquiring a somewhat secretive startup that goes by the name of DeepMind for a reported $400 million. Re/code reports that DeepMind is a London-based Artificial Intelligence company that specializes in games and e-commerce algorithms. While it might seem a puzzling acquisition for Google at first glance, closer analysis reveals that ...
Big Data gone wrong: Facebook is doomed! And so is Princeton! And air!
Here’s a stark warning to anyone who thinks they can outwit one of Facebook’s very own data scientists… Earlier this week, a pair of researchers at Princeton University made the news with the rather stunning claim that Facebook was on its last legs, and would lose almost 80 percent of its users within just three ...
Samsung’s profits slide on slower smartphone sales
Things are no longer looking quite so rosy and beautiful over at Samsung, although it remains the world’s number one smartphone maker by some distance. Even so, its business has taken a knock in recent months, with Bloomberg reporting that the Korean company has posted its slowest growth since 2011. Samsung’s operating profits for Q4 ...
Securing the Internet of Things: Top 10 things to consider
The following is a guest post by Mark O’Neill, VP Innovation at Axway, a leading provider for data governance and API management. Welcome to the future, where smart meters monitor your home appliance usage, where fitness devices on your wrist track your heart-rate, and where electric vehicles can take commands from your wristwatch. What does ...
The Internet of Things is riddled with vulnerabilities
The security of the Internet of Things is sure to be one of the hottest topics in cyberspace this year, and with good reason: the potential for disaster is great, with millions becoming dependent on connected devices that are riddled with vulnerabilities. A parallel could be drawn between this and personal computing back in the ...
Apple plans update to fix iOS 7’s ‘white/black screen of death’ issues
When Apple came out with its revamped iOS 7 last year, it was making a big bet on the re-imagination of its flagship product. The changes were slightly controversial – there were a few bugs in features like iCloud and iMessage, not too mention reports of ‘motion sickness‘ among some users, though on the whole ...
Microsoft wants to see an international treaty on digital surveillance
The NSA reforms announced by President Barack Obama last week fell somewhat short of what many people were hoping for. And that includes Microsoft, which as we know only too well, was one of the major tech companies targeted under the NSA’ PRISM program. In a response to Obama’s reforms posted this week, Microsoft’s General ...