Just two days before the opening of its annual meeting and conference, the Bitcoin Foundation has been thrown through a loop as reports surfaced that the US Department of Homeland Security had shut down a primary exchange account owned by MtGox, one of the major Bitcoins exchanges worldwide. The warrant for the account sends a…
Google tore it up at the annual Google I/O Developer Conference in San Francisco, announcing a string of over forty new features and products that should keep many of the best developers Silicon Valley focused on the company and the Android platform for many months to come. By far the most anticipated service is the…
Researchers at Lawrence Livermore National Laboratory are pushing a supercomputer to operate at Warp Speed – and so far, they’ve managed Warp 2.7. The computer, known as Sequoia, is the most massively parallel supercomputer in the world. According to official sources, it’s using 1,572,864 processor cores in an arrangement known as the IBM BlueGene/Q architecture…
Intel has elected Brian M. Krzanich as the chipmaker’s next chief executive officer. He will become the sixth CEO in the company’s history, succeeding Paul S. Otellini on May 16. Krzanich began his career at Intel in 1982 in New Mexico as a process engineer and progressed through a series of technical and leadership roles,…
Virgin Atlantic, the cool Australian airline with an even cooler founder, has found its way to San Jose. The company today inaugurated a new “nerd bird” round-trip service between San Jose and Los Angeles – one of several new destinations created with the high-tech business traveler in mind. Other destinations include Boston, New York, Newark,…
Mobile music app Shazam has hired Rich Riley, Yahoo’s former executive VP for the Americas, as its new CEO. Riley replaces Andrew Fisher, who was appointed CEO in 2005 and has done a credible job of steering the company through multiple high-profile partnerships and into the iPhone and Android app era. Fisher now becomes executive…
A Facebook filing with the Securities and Exchange Commission pursuant to the company’s upcoming June shareholder meeting let slip that CEO Mark Zuckerberg is taking a cash salary of just $1 this year, putting him in an elite group of CEOs who are cultivating an image of modesty while carrying stock portfolios worth billions of…
There’s never a dull moment at Yahoo. Today Fred Amoroso announced his resignation as chairman of the company’s board, although he will continue to serve through the next shareholder meeting on June 25. Amoroso said he will not seek reelection. A Yahoo statement said Maynard Webb, Jr. will serve as interim chairman of the board…
Thousands – perhaps hundreds of thousands – of people got invites this weekend, mostly from friends and acquaintances, to join a new “mobile app gamification” site called Rippln. What’s creating all of the buzz is the site’s claim to enable significant cash rewards to users when the site goes live. A closer look reveals that…
Twitter launched a new music discovery service that recommends tracks based on public tweets, giving users suggested sample songs.