
Enlarge ImageArvind Krishna, a senior vice president at IBM Research Stephen Shankland/CNET Bitcoin has a bad rap as the preferred currency of drug dealers. But that isn't stopping IBM and some of the world's most conservative businesses from tapping into its technological underpiings. Specifically, Big Blue is interested in the blockchain -- the mechanism Bitcoin uses to publicly record transactions. Today's businesses each have their own records, slowing transactions and triggering problems figuring out who's right when there are disagreements. But the blockchain approach is more cooperative by providing ...
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A hacker got away with roughly $72 million worth of bitcoin. Getty The hits continue for bitcoin owners.After Bitfinex revealed this week that a hacker made off with 119,756 bitcoin (about $72 million), the digital-currency exchange said Friday it is interested in a "socialized loss.""We are leaning towards a socialized loss scenario among bitcoin balances and active loans to BTCUSD positions," the company said in a blog post, noting that it has not made a final decision and that more details will be available Saturday. BTCUSD stands for Bitcoin/US dollar.In a socialized loss scenario, a company typically exp...
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The craziest thing about bitcoin is how commonplace it is.The digital currency, introduced in 2009 and now accepted by more than 100,000 merchants worldwide, can buy you just about anything, from a high-tech gadget, which you might expect, to an ice-cold beer, which you might not. We've rounded up 25 of the most surprising things that'll tempt your bitcoin wallet. Some are extraordinary, and some are extraordinarily ordinary. Let's block ads! بخوانید...
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RoadshowNewsCar IndustryTesla and SolarCity confirm merger in $2.6BN stock deal Close Tesla Gigafactory Tour Drag Tesla and SolarCity have confirmed a $2.6 billion all-stock deal that will see the electric automaker and solar panel manufacturer merge. The merger, which Tesla CEO Elon Musk recently called a "no-brainer," had left...
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CEO T-Mobile John Legere talking about its T-Mobile Tuesdays freebie program. Claudia Cruz/CNET Never underestimate the power of free pizza. When T-Mobile in early June launched its freebie program, which gave away pizza, streaming movies and, for some, shares of the company, it likely didn't have a sense of how quickly its customers would embrace the idea. Its T-Mobile Tuesday app crashed on launch day. The free pizza giveaway overwhelmed partner Domino's, and the pizza chain backed out of the program. Not that any of this halted T-Mobile's momentum. The carrier replaced Domino's with a $15 voucher for ...
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Enlarge Image Josh Miller/CNET Pokemon Go has been such a hit that it caused Nintendo's stock to double. On Friday, however, the company reminded investors that it didn't actually make the game -- causing stocks to drop by 18 percent on Monday."[Pokemon Go] is developed and distributed by Niantic," Nintendo said in a statement on Friday. "The Pokemon Company, which is an affiliated company of Nintendo, holds the ownership rights to Pokemon."It adds that Nintendo owns 32 percent of The Pokemon Company and, therefore, Pokemon Go's impact on Nintendo's business "is limited." This prompted Nintendo's stock to fa...
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Director Guy Ritchie makes the kind of movies that take fans into dangerous alleyways as they follow the misadventures of everyone from small-time hustlers to Sherlock Holmes.This time the British director takes on the legend of King Arthur, giving the young man -- played by Charlie Huam -- a streetwise swagger and a mission to reclaim his royal birthright.In the new trailer released by Waer Bros. on July 23 at San Diego Comic-Con (our coverage here), Huam fights and gathers his mates for the epic action to come. And yes, he also grabs that famous sword out of the stone -- all with attitude. In addition to Huam, "King Arthur: Legend of the Sword" also stars Jude Law ("Sherlock Hol...
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Four tall, gray buildings stand among the homesteads and farms on Route 126 outside Prineville, Oregon. They house a Facebook data center stuffed with servers. Sitting on racks that resemble rows of grain, the servers store the videos of your Ice Bucket Challenge and the photos of your nephew's graduation. The facility, however, is an outlier. That's because it's also packed with phones. The social network has chosen rural Oregon to test roughly 2,000 phones -- almost all of them out-of-date models that many of us would hesitate to use in public. There is an Apple iPhone 4S, as well as a Samsung Galaxy Nexus, both from 2011. Why is Facebook testing this tired tech? To rope in its next b...
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Pokemon Go for Android and iOS. Nintendo You wouldn't think one little mobile game could send shares of Japan's Nintendo soaring, but that's what happened after the company's new Pokemon Go smartphone game became the No. 1 free app in Apple's U.S. iTunes store.Shares in Nintendo were up 10 percent on the Tokyo stock exchange, putting the company at its highest valuation ($23 billion) in more than two months, according to Reuters. While Pokemon Go is off to a good start it's the promised arrival of future Nintendo games on mobile platforms that has investors excited. The company says it will release four more ...
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While it's far from a reality, many startups, consultants and industry prognosticators are talking up the possibilities of Hyperloop travel, the concept for ultra-fast travel proposed by Tesla founder Elon Musk. Hyperloop One is one of the start-ups trying to bring this technology to life, and in a presentation put together by consultancy KPMG, the company claims it can cut the travel time between Helsinki and Stockholm from about 3.5 hours (including travel time to the airport) to about 28 minutes, as part of an ambitious plan that could cost as much as $21 billion. Hyperloop One Where will that money come ...
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RoadshowNewsCar CultureHere's your first look at the next Camaro stock carEnlarge ImageIf you actually think there's a Camaro under here, I've got a bridge to sell you. Chevrolet In keeping with our Independence Day theme, it's time to take a look at two powerful American institutions, the Chevrolet Camaro and the National Association for Stock Car Auto Racing -- NASCAR. Put the two together, and you've got a decent chunk of the grid for next year's season.To celebrate the Camaro entering its sixth generation, Chevrolet will be dressing up its 2017 stock cars to resemble the 2016 Camaro SS. The fifth-generati...
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