As companies move data from behind firewalls and into the cloud and employees increasingly use their own mobile devices to access that data, security must adapt to meet the demands of a new era. To increase its arsenal in the cyber security war, ThreatMetrix has acquired TrustDefender, a detector of malware based attacks, as first reported by … [Read more...]
Everspin Triples Orders for Magnetic Chips in 2011
January 30, 2012 Leave a Comment
Everspin, the only company shipping production quantities of magnetic RAM chips, recently announced it had tripled its orders in 2011. Magnetic RAM chips work like permanent flash memory chips but with the speed of dynamic RAM. The MRAM use the spin or directional facing of a magnet to store data digitally. Based in Chandler, Arizona and a … [Read more...]
Paypal’s Mobile Payments Hit $4 B in 2011, Predicts $7 B in 2012
January 30, 2012 Leave a Comment
Ebay's Paypal hit $4 billion in mobile payments in 2011, surpassing the company's original predictions of $1.5 billion, and a significant increase from the $750 million in mobile payments the company processed in 2010. Just to put the company's trajectory into perspective, Paypal had processed a mere $141 million in mobile payments in … [Read more...]
IBM Stores Data on 12 Atoms
January 30, 2012 Leave a Comment
Stretching the limits of possibility, IBM has taken data into the realms of the infinite, right down to the atom in theory at least. Scientists at IBM Research have demonstrated the ability to store information on as little as 12 atoms, the company claims, taking data capacity to a new order of magnitude. Until now, it's taken at least 1 … [Read more...]
O’Donnell, Former First Round Capital VC, Launches New Brooklyn Based VC Firm for Seeds
January 30, 2012 Leave a Comment
Venture investor Charlie O'Donnell, who has worked with First Round Capital as well as Union Ventures, is launching a new Brooklyn-based VC firm to provide small seed funds, especially to Brooklyn startups. “It is the first venture capital fund based in Brooklyn--the city’s most exciting and creative borough...,” O'Donnell explained in his blog. … [Read more...]
Apple Reinvents the Textbook with Interactive, Searchable iBooks 2
January 30, 2012 Leave a Comment
Reinventing textbooks and the classroom itself, Apple unleashed iBooks 2, an updated iPhone and iPad app that enables highly interactive digital textbooks. The company also announced a new textbook section in the its iBookstore. At an education event at New York City's Guggenheim Museum, Apple demonstrated how the new app goes beyond text to … [Read more...]
Synchronoss Acquires Miyowa, the Mobile Social Network Maker, for Up to $59 M
January 30, 2012 Leave a Comment
Automation software provider Synchronoss bought Miyowa, a mobile social network maker, $45.5 million in cash, plus earn outs of up to $13.5 million if performance targets are met over the next several quarters. A leading provider of social network and messaging software for mobile devices, Miyowa can be found on over 100 million devices … [Read more...]
Logitech’s Cube Reimagines Mouse as Presenter Tool
January 30, 2012 Leave a Comment
At the Consumer Electronics Show in Las Vegas this January, Logitech unveiled The Cube, a new mouse-like device that doubles as a presentation tool. Swipe your fingers along the main panel's ridges to work the device like a mouse. To present, simply lift the device in the air and click to the next presentation slide. Back clicking is as simple … [Read more...]
Digital Music Tops CD Sales for First Time in History, While Vinyl Makes Comeback
January 30, 2012 Leave a Comment
Music history broke another record, albeit a slow one in coming. In 2011, digital music sales finally topped physical sales in the US, according to recent Billboard and Nielsen report. Digital purchases made up 50.3 percent of all music sales in 2011, an 8.4 percent increase over the year before. Physical sale of albums likewise declined five … [Read more...]