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Mt. Gox, once the world's largest bitcoin exchange, filed for U.S. bankruptcy protection in Dallas late Sunday, a move that will temporarily halt U.S. legal action against the Japanese company. Mt. Gox, which filed for bankruptcy protection in Japan in February, said without U.S. protection it would spend substantial funds defending itself against a U.S. lawsuit seeking class action status that was filed in federal court in Chicago. A hearing in Dallas was scheduled for 1:30 p.m. local time on Monday to consider Mt. Gox's request to stay pending lawsuits against the company. The plaintiff leading the Chicago lawsuit was scheduled on Tuesday to ask a federal judge to freeze Mt. Gox's U.S.-based servers and other computer equipment and to set up a trust over Mt. Gox's assets.
EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal payments business. He has also repeatedly accused eBay of poor corporate governance. The billionaire nominated Icahn Enterprises LP employees Daniel Ninivaggi and Jonathan Christodoro, both of whom Icahn regularly nominates to boards.
By Leila Abboud and Gwénaëlle Barzic PARIS (Reuters) - Shares in French low-cost telecoms company Iliad soared 15 percent on Monday after it announced industry-beating sales and profit growth and signed what could be a transformative mobile network deal with larger rival Bouygues. Iliad, backed by tycoon Xavier Niel, stands to benefit from sector consolidation in prospect after media company Vivendi received two bids for the second-biggest French mobile service, SFR. Bouygues, which is one of the bidders, said on Sunday it had agreed to sell its entire mobile network and some of its spectrum to Iliad for up to 1.8 billion euros ($2.50 billion) to assuage regulatory concerns if Vivendi accepts its offer for SFR.
Hearing-aid apps pump up the volume, double as headphones Mon, 10 Mar 2014 10:08:20 -0400 By Natasha Baker TORONTO (Reuters) - New smartphone apps that link to hearing aids are helping people with impaired hearing to pump up the volume on their devices or to use them as headphones to stream phone calls, YouTube videos and music. About 36 million American adults have some hearing loss, according to the National Institute of Deafness and Other Communication Disorders. But only a fifth of people who could benefit from a hearing aid wear one. "People will always need really good hearing aids, but moving forward, what will differentiate competitors will be connectivity (to smartphones), and it will need apps," Lars Viksmoen, chief executive of GN ReSound, a maker of hearing aids based in Denmark, said in a telephone interview.
Samsung Electronics Co's Galaxy S5 smartphone could get off to a slow start in South Korea as the flagship's launch next month will coincide with a 45-day ban on local carriers selling phones, analysts said. Samsung plans to start global sales of the S5 on April 11, with South Korea usually among the first countries to get a taste of the world's biggest smartphone maker's marquee products. But the communications regulator on Friday banned SK Telecom Co Ltd, KT Corp and LG UPlus Corp from signing up customers or replacing phones for dates ranging from March 13 to May 19. "The Korean market accounts for a relatively small portion of Samsung's overall smartphone sales, but given that they need to maximize sales in the first three months of the launch, the operation suspension of mobile carriers could hit initial S5 sales," said IM Investment & Securities analyst Lee Min-hee.
Proteus picks UK for 'smart pill' production and testing Mon, 10 Mar 2014 07:36:47 -0400 Privately held Proteus Digital Health, which is working with drugmakers including Novartis and Otsuka, said on Monday the new site would employ some 200 skilled staff and serve as a hub for the emerging digital medicine industry. The move was welcomed by Prime Minister David Cameron, who said it showed Britain's ability to attract high-tech companies. Proteus already has European and U.S. approval for its "smart pill" technology system, in which a tiny sensor is embedded in a tablet and linked to a patch worn on the patient's abdomen. Several teams within Britain's state-run National Health Service plan to test the benefits of using the sensor technology in various fields, including in treating hypertension, or high blood pressure.
Web video's growing up before our eyes, folks. A year ago, Vimeo On Demand made its debut to help content makers get paid by content consumers (that's you) directly, and, presumably, to help folks think of Vimeo as a purveyor of online video that's more Netflix and less YouTube. In celebration of its first 12 months of existence, Vimeo's making some improvements to the on demand portal's interface and announcing plans to help fund digital filmmakers.
It’s still way too early in this console generation to tell how things are going to turn out, but by all accounts both Microsoft and Sony are enjoying solid early sales of their new video game consoles. Sony’s PlayStation 4 took a quick lead with sales totaling 6 million units through the beginning of March, but Microsoft sold 3 million Xbox One consoles in 2013 and a recent report also suggests that anticipation of Titanfall’s upcoming release added at least another 1 million units to the company’s running total. On what might be something of a negative note for Xbox fans, however, the same source who reported that Xbox One sales have skyrocketed thanks to Titanfall also claims that Microsoft has
The system would reportedly tap into a wide variety of government databases — including military records, licenses, and local law enforcement reports — and reach out to private credit agencies as well to allow workers' behaviors to be continuously analyzed for anything unusual. The system is a clear response to the leaks from Edward Snowden, who caused a wave of criticism from lawmakers and the intelligence community regarding the extent to which a government contractor was able to gain access to classified documents, and the Navy Yard shooting by a contractor in September. "What we need is a system of continuous evaluation." The monitoring system may launch at select government agencies this September and be operational at all agencies by September 2016, according to the AP.
Speaking to a packed exhibit hall through a Google Hangout, which was passed through seven proxies, Edward Snowden said the keys to protecting the public from government surveillance is encryption and civilian oversight. The world's most famous whistleblower has ...
After a report last week suggested that TSMC may be the sole manufacturer of Apple’s A8 chip that’s expected to be found inside this year’s new iPhone and iPad model leaving Samsung out of the A8 manufacturing deal, a new story from South Korea now says otherwise. According to ZDNet Korea’s sources, Samsung will still get its hands on A8 production despite rumors that suggested the company was struggling with poor yield rates for the A8. Apparently Samsung has already inked an A8 deal with Apple. The company will mass-produce its A8 share at its Austin, Texas, plant, and it’s currently in a testing phase before actual production begins next quarter. Samsung has been the exclusive chip provider for Apple for
US Attorney General Eric Holder today warned that the ongoing rise in heroin-related deaths has become an "urgent and growing public health crisis." In a press release, Holder said the Justice Department plans to ramp up efforts to save lives through more vigorous enforcement and treatment efforts. To help better those odds, Holder is calling on law enforcement agencies to train and equip emergency personnel with naloxone, a drug capable of reversing deadly overdoses when administered in a timely fashion. In a video message posted on the Justice Department website, Holder calls out some alarming facts: between 2006 and 2010, heroin overdose deaths increased by 45 percent. Gates' family went on to produce The Opiate Effect, a documentary / public service announcement that underlines the dangers of opiate abuse.
All it takes to predict an individual's likelihood of developing Alzheimer's disease within the next two to three years is a blood test, according to a study published yesterday in Nature Medicine. The test, New Scientist reports, detects the concentrations of 10 chemicals that are associated with the disease — and the resulting diagnosis is 96 percent accurate.
After pushing out several betas, Apple's finally ready to roll out its latest firmware update to the masses. iOS 7.1 is now available as a free download, and as expected, it adds a few new features to the ...
Xbox One's first major release officially drops this week: Titanfall, from the folks who made Call of Duty into the 800-lb. gorilla it is today. Well, specifically, it launches tomorrow, but we've got it right now and thought you'd like a taste before deciding if it's your next thousand-hour addiction, so we're streaming it via Twitch just below the break. Though both Ben Gilbert (that's me!)
Just over one month after its last iOS 7.1 beta was released, Apple’s has pushed the release version of its iOS 7.1 software out to the public. Apple’s last pre-release version of its mobile software, iOS 7.1 beta 5, was released on February 4th and as BGR’s sources had previously stated, it was intended to be the final beta version for developers ahead of the iOS 7.1 Gold Master (GM) version. Curiously, Apple has decided to skip the GM build and release iOS 7.1 to the public. According to an earlier BGR report, iOS 7.1 has been scheduled to be released to the public sometime in early or mid-March for quite a while, so the release is right on time. The new iOS 7.1
Ghostery is an Internet browser plug-in that determines which companies are tracking you on every website you visit — and lets you do something about them. Tom's Guide stopped by Ghostery's booth at SXSW 2014 to learn more about how the program works. Still, Ghostery wanted to provide users with a way to see just how many eyes are on them, and to give them the option to do something about it.
Omega's Cooperman says eBay should spin off portion of PayPal: CNBC Mon, 10 Mar 2014 12:46:24 -0400 Leon Cooperman, chief executive of hedge fund Omega Advisors, said Monday that he agreed with activist investor Carl Icahn's push for eBay Inc to spin off PayPal. "I give Carl a lot of credit for taking the time and showing the energy, and in this case, we happen to agree with him," Cooperman, an eBay shareholder, told CNBC television. "I think they should spin out a portion of PayPal," he added. Icahn, who owns just over 2 percent of the e-commerce company, has been pressuring eBay for weeks to spin off its PayPal online payments business.
As it stands today, Comcast is a massive service provider that controls home and business broadband offerings across a number of key markets. Following the company’s $45 billion acquisition of Time Warner Cable — should it gain approval from shareholders and regulators — Comcast will control a huge majority of the broadband market in the U.S. This seems like a fairly obvious statement, but two maps created recently by an Internet marketing firm give us a great visual representation of just how much of the country Comcast will control. Via Business Insider, WebpageFX has analyzed traffic data from each of the 50 states in the U.S. to determine which Internet Service Providers dominate the market in the each state. The following map shows the
For car lovers around the world, the annual International Geneva Motor Show is one of the most exciting and important events of the year. Many automakers use the event to show off the most exciting innovations they have to offer, and while the concepts on display in Switzerland each March don’t always become available to the public in the years that follow, they often give us a good idea of where things in the industry are headed down the road. And as is always the case, it’s just good old-fashioned fun to check out all of the crazy concept cars on display at the show every year. Companies including Audi, Volvo and Mercedes-Benz brought some stunning concepts to Geneva this year,
Bitcoin, the virtual currency that approximates cash on the internet, isn't easy to get. So people are building ATMs to dispense Bitcoin as well as dollars, Canadian dollars, and other real world money.
Sebuh Honarchian, a developer from Los Angeles, showed up at the South By Southwest Interactive trade show in Austin, Texas on Saturday because he heard there would be a Bitcoin ATM and he needed to pay rent. He found the machine in a corner of the trade floor, flashed it a QR code on his phone, and retrieved $3,000 — less than five BTC at current prices.
Have you been eager to watch House of Cards, but haven't wanted to spring for a Netflix subscription? If you're a Comcast subscriber, you no longer have to. The cable firm has reached a deal with Sony Pictures Home Entertainment that lets subscribers buy the first season of House of Cards through the Xfinity Store on their set-top boxes.
If Netflix, Amazon Prime and Hulu Plus are any indication, torrenting isn’t quite the destructive force many groups have made it out to be. Torrenting is a popular alternative to legal streaming, buying and renting, but the abundance of poor quality torrents coupled with the unfriendly method of acquiring movies and TV shows through torrenting has kept a majority of viewers glued to their TVs, browsers and tablets. If watching a ripped movie was as easy as logging into Netflix, would the tides turn in the favor of torrents? The creators of Popcorn Time want to find out. TorrentFreak has drawn our attention to what could be the most legitimate threat to the online rental and streaming services yet: Popcorn
Forget peculiar smartwatches, geeky glasses and simple fitness bands, the future of wearable technology will include plenty of twists and turns that see this exciting new category expand into areas many people haven’t even considered at this point. Early use cases for the various wearable computing devices we have seen thus far have been pretty obvious for the most part — glasses that put a display in your field of vision, digital watches that connect to our smartphones, fitness tracking wrist bands that are little more than pedometers, and so on. But the future of this new category is indeed bright, and a recent analysis brings to light eight compelling use cases for wearable technology that will blow your mind.
Titanfall is strictly coiled around the player. You couldn't excise even one piece without slackening it like a ruined kidnapper's rope. The serpentine level design, the liberating sense of movement, the flawless controls and yes, the enormous bipedal tanks dropping from the sky, are equally indispensable in this arresting shooter.
Just days after it sought protection in Japan, once popular Bitcoin exchange Mt. Gox has been forced to file for bankruptcy in the US in the hope of climbing out of the huge hole it's found itself in. Still ...
T-Mobile and AT&T may be crawling over one another trying to offer better deals these days but Verizon has been mostly content to sit back and watch while offering the occasional price cut to keep its customers happy. Re/code reports that Verizon CFO Fran Shammo said at a Deutsche Bank technology conference Monday that he wasn’t at all worried about the price wars going on between AT&T and T-Mobile because he’s learned from experience that aggressively undercutting your competition’s prices is self-destructive in the long run. “We’re not going to buy customers,” Shammo said. “You have to earn customers.” In a lot of ways, it seems like Verizon sees itself as the Apple of the wireless world: It can get away with
Even for noir, the Veronica Mars series ended on a remarkably melancholy note. The titular teenage detective, played with giddy resolve by Kristen Bell, was hopelessly torn between her bad-boy true love and the college boyfriend who went with her to hell and back. The last time we saw her, Veronica Mars was walking alone in the rain. But in the sort of plot twist that the series pulled off so capably, Bell and series creator Rob Thomas used their social-media savvy to finance the film themselves.
Experimental musician Daniel Lopatin, also known as Oneohtrix Point Never, released an entirely emoji-based music video for his song "Boring Angel," the opening track on his newest LP. Emoji have been taking over recently, especially in music videos: Katy Perry used them in a lyric video for her song "Roar," and a fan video for Beyonce's "Drunk In Love" did the same. But Lopatin's music video, directed by John Michael Boling, clashes the simplicity of emoji with complicated electronic beats and melodies, making it uplifting, eerie, and gripping to watch.
At SXSW today, NSA whistleblower Edward Snowden will make his "first appearance front of a live audience" since he unveiled the under belly of the government surveillance program. Snowden will speak with the ACLU's Ben Wizner and Christopher Soghoian, but as the name suggests, this is a virtual conversation and he will not be appearing in person for the festivities in Austin. The ACLU is liveblogging the entire affair here at 12PM ET and a livestream will be posted over at The Texas Tribune.
The upcoming new YotaPhone, pictured above, shows us just how gorgeous a smartphone with an E Ink display can be. The device combines a full color display with an E Ink screen, allowing owners to extend the phone’s battery life and utilize the power-sipping E Ink panel for basic functions. But what if the handset did away with the color display entirely? This is the vision of European eReader maker Onyx, which on Monday showed off its MIDIA InkPhone smartphone, a handset that promises a remarkable two weeks of battery life per charge. “Low capacity of batteries is a weakness of modern smartphones,” Poland-based Onyx explained on its website. “Multitude of functions and applications causes increased energy consumption. We have
Shaquille O’Neal Loves FitBit, Might ‘Dominate the Wearable Space’ Mon, 10 Mar 2014 11:29:47 -0400 Shaquille O'Neal, probably thinking about how much he loves FitBit. Shaquille O'Neal: star of basketball, that weird movie Kazaam and also, according to SXSW, the world of wearable tech. Shaq sat down at the Austin Convention Center yesterday for a conversation with Qualcomm's Rick Valencia about wearables. Shaq isn't currently working on his own line of wearables or anything — he's basically just a guy who really likes to use Fitbit, and whose kids think Google Glass is pretty cool. To begin the talk, Mr. Valencia said he wanted to explore "Shaq's plan to dominate the wearable space like he dominates everything else."
Whatever scary threats HTC has been sending to people who have received developer editions of The All-New HTC One, it clearly isn’t working. While there are still two weeks to go before its official launch, The All-New HTC One has leaked yet again in a short video “review” of the device that shows off its basic build. The reviewer hilariously says that he won’t reveal specs for the device because he’ll “wait until HTC does that” even though he’s almost certainly breaking a nondisclosure agreement by showing a leaked video of HTC’s supposed-to-be-a-secret flagship phone. (And for the record we already know the device’s specs anyway: A Snapdragon MSM8974 2.3GHz processor, a 5-inch 1080p display, 2GB RAM, an UltraPixel rear-facing camera, a
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