Social Media is the Cancer of Our Times – LA Times Owner

Billionaire Patrick Soon-Shiong on Wednesday advocated for a change in how people consume news on social media, calling the platforms the “cancer of our time.” “The short attention span we’re creating in this millennium is actually very dangerous,” said Soon-Shiong, the new owner of the Los Angeles Times. “It’s the unintended consequences of social media.”…

The Disappearing Growth of Snapchat

On the second floor of the new headquarters of Snap Inc. in Santa Monica, Calif., is a room dedicated to helping employees open up. It’s round and lined with potted plants. “Speak from the heart,” reads a framed sign on the wall. “Listen from the heart.” Employees show up in groups of about a dozen,…

Google Is Quietly Working on a Successor to Android : Project Fuchsia

For more than two years, a small and stealthy group of engineers within Google has been working on software that they hope will eventually replace Android, the world’s dominant mobile operating system. As the team grows, it will have to overcome some fierce internal debate about how the software will work. The project, known as…

World Food Program Replaces Banks with Blockchain

International officials are discovering they can sometimes avoid bank fees by replacing currency transfers with the technology at the heart of Bitcoin. The World Food Programme is expanding its blockchain-payments system, said Robert Opp, a director of the United Nations effort that feeds as many as 100 million people across 80 countries. The agency expects…

Your Phone May Already Be Mining Monero Cryptocurrency Without You Knowing

There’s a chance your computer or phone is quietly producing a cryptocurrency called Monero. Criminals looking to commandeer massive processing power to unlock new Monero coins have unleashed an epidemic of malicious software that burrows deep into victims’ web browsers to surreptitiously run calculations. A security researcher discovered the latest attack last weekend, finding the…

How Will the Bitcoin Mania End?

I’ve tried to remain pretty balanced in my view on Bitcoin and cryptocurrencies in general. Back in 2013 I said Bitcoin was definitely money and that the ideological hatred of it was irrational. This monetary view is consistent with the general view I have on cryptos as a part of someone’s portfolio – as I…

Oracle Attempts At Another Reinvention

The technology industry is unkind to companies on the wrong side of middle age. But some veterans that once looked well past their primes have found fountains of youth. One of the best examples is Oracle Corp., the 40-year-old database software company founded by 73-year-old Larry Ellison. The company for decades was assured a big…

Microsoft and Google Trying to Catch Amazon in the Cloud

It’s hard to think of a business Amazon.com Inc. dominates as convincingly as the market for cloud computing services. Andy Jassy, chief executive officer of the company’s cloud division, Amazon Web Services Inc., likes to brag that his outfit has several times as much business as the next 14 providers combined. Amazon’s next-largest cloud competitor,…

Bitcoin Can Now Buy You Citizenship in Vanuatu

Got some bitcoin burning a hole in your digital wallet? And paradise on the mind? You could use it to buy a second passport. Vanuatu, a South Pacific archipelago of some 80 islands, will now let outsiders use the volatile cryptocurrency to apply for so-called investment citizenship. Fork over the equivalent of about $280,000, and…

The Coming End of Big Oil

It’s 2025, and 800,000 tons of used high strength steel is coming up for auction. The steel made up the Keystone XL pipeline, finally completed in 2019, two years after the project launched with great fanfare after approval by the Trump administration. The pipeline was built at a cost of about $7 billion, bringing oil…

Nokia Looks to Sell Head Quarters to Raise Cash

What a fall for the once mighty Nokia.  From literally lording over the whole mobile phone market worldwide to now having to sell its HQ in Finland to raise cash, its been a culmination of a series of missteps and huge mistakes on the part of the Helsinki based company. Unable to compete with competitors…

ISRO Indian Space Research Organisation’s 100th Launch

The PSLV, costing around Rs.90 crore, blasted off from the Satish Dhawan Space Centre in Sriharikota, around 80 km from Chennai.  Exactly at 9.53 am, Polar Satellite Launch Vehicle-C21 (PSLV-C21), 44 metres tall and weighing around 230 tonnes, soared into the skies carrying the two satellites – SPOT 6, a 712-kg French earth observation satellite,…