Displaying items by tag: Money

When I first started truly reporting on the tech world there were two power houses making CPUs. You had AMD on one side and Intel on the other. There were a few other companies that were making x86 compatibles, but no one was close to putting out processors in the numbers that AMD and Intel were. Intel was the king with a massive chunk of the market share. After a few deals with DEC and Samsung AMD came up with a CPU and chipset that changed the mind of many enthusiast and started the era of real performance competition between the two.

In line with earlier announcements, on the Facebook's F8 conference in San Francisco, Mark Zuckerberg has unveiled its new advertising service. It is a service called Audience Network, which serves to distribute ads in mobile applications from other manufacturers, all via Facebook.

services, specifically in the area of electronic exchange of money between users of their networks. Facebook is reportedly waiting for the permission from the central bank of the Republic of Ireland, which would make the social network an institution for electronic payment, exchange and storage of funds modeled after the popular PayPal service in Europe. 

If you ever considered opening your small startup, now would be a good time to do so.The level of investment in technology startup ventures in the United States is at record numbers. In just first three months of this year, the various venture capital funds invested huge $9.99 billion in 880 different startup companies.

Taro Aso, the Japanese finance minister, said that the local government is still investigating the case of Mt.Gox collapse, the best known Bitcoin exchange office, which was located in Tokyo. As word of possible criminal activity behind this case, it is possible to be a responsible and serious legal consequences.

Charlie Shrem, vice president of Bitcoin Foundation, which is among other things responsible for lobbying in favor of digital currencies, was arrested earlier this week in New York. With him was arrested Robert Faiella, a senior official of the same organization.

Inputs.io service that offers users online Bitcoin wallet service was compromised on 23rd and again on 26th October. Unknown hackers on that occasion stolen 4100 Bitcoins, which have a value of at least $1.2 million. The owner of the attacked website, known only by the nickname TradeFortess, gave this information to users this week, noting that the attack affected only specific users .

One of the biggest IT companies in China, Shanda Group, specifically its department of real estate operations launched the first investment project for the purchase of 300 apartments which have yet to be built in the new Shanghai Zhangjiang Technology Park.

Twitter, the popular microblogging service, during Thursday at 11 a.m. by the local time began public trading of its shares. Trade takes place on the New York Stock Exchange, under the symbol TWTR.

Amazon for the third quarter reported 24% higher revenues than in the same period last year, but they still finished with loss of $41 million.