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Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmission

Bitcoin Foundation Vice Chairman Shrem exits the Manhattan Federal Courthouse in New YorkBy Nate Raymond NEW YORK (Reuters) - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. Shrem, the former vice chairman of the Bitcoin Foundation, will plead guilty next Thursday in New York federal court to unlicensed money transmission, Marc Agnifilo, his lawyer told Reuters in an email. Prosecutors had previously charged Shrem with operating an unlicensed money transmitting business, money laundering conspiracy and failing to file suspicious activity reports with government banking authorities. Federal authorities shut down Silk Road last year, though a new Internet marketplace under the same name was launched in November.


08/29/2014 08:25 PM

Digital Ally says camera inquiries up five-fold after Ferguson shooting
(Reuters) - Digital Ally Inc forecast full-year revenue of about $22.5 million, encouraged by a "five-fold" rise in inquiries for its wearable cameras from police departments in the aftermath of the fatal shooting in Ferguson this month. The fatal shooting of an unarmed black teenager in Ferguson, Missouri, sparked demand to hold law enforcement officials accountable and in turn fueled interest in companies such as Digital Ally and Taser International Inc. The company's 2014 revenue forecast was first reported by USA Today on Thursday, citing Chief Executive Stanton Ross, according to a regulatory filing on Friday. Digital Ally said on Thursday it had received its first camera order after the Ferguson incident from the Michigan police department.
08/29/2014 06:24 PM

Microsoft will not hand over overseas email, despite order

A shadow of a man using his mobile phone is cast near Microsoft logo at the 2014 Computex exhibition in TaipeiBy Jonathan Stempel NEW YORK (Reuters) - A judge on Friday lifted a suspension on her order directing Microsoft Corp to turn over a customer's emails stored overseas to U.S. Microsoft in particular was stung by revelations last year by former National Security Agency contractor Edward Snowden and has been at pains to prove to customers that it does not allow the U.S. Preska had delayed enforcement of the government's search warrant so Microsoft could appeal. Preska agreed, saying her order "merely confirmed the government's temporary forbearing of its right to stay enforcement of the order it secured." She added that "the fact the court has not closed this case cuts against Microsoft's argument" that her order was final and appealable.


08/29/2014 08:20 PM

Intel hires senior Qualcomm exec to boost mobile business

An employee walks past an Intel logo during the 2014 Computex exhibition at the TWTC Nangang exhibition hall in TaipeiBy Noel Randewich SAN FRANCISCO (Reuters) - Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at rival Qualcomm Inc , to step up efforts in mobile and Internet-connected gadgets. Hiring a senior executive from a major competitor is rare for Intel, which is known in Silicon Valley for its insular culture, and it reflects the eagerness of the Santa Clara, California, chipmaker to improve its struggling mobile business. Faintuch, who previously oversaw Qualcomm's networking and connectivity businesses as president of Qualcomm Atheros, is joining Intel as a senior vice president and co-general manager of the Platform Engineering Group, Intel spokesman Chuck Mulloy said on Friday.


08/29/2014 06:00 PM

AT&T sues Cox Communications for patent infringement

An AT&T sign is shown on a building in downtown San Diego, CaliforniaAT&T is suing Cox Communications for infringing eight patents dealing with network quality after the regional cable provider ignored its complaints about the issue and made "billions" off of the technology, according to a new lawsuit. In the suit filed Friday in Delaware federal court against Cox and more than 30 of its regional units, AT&T said that Cox had been warned about the claims of patent infringement as far back as 2009. AT&T claims the patents were infringed in Cox's use and sale of digital video recorders, set top boxes, Internet and telephone systems, according to the lawsuit.


08/29/2014 03:12 PM

CME Group smartphone game lets students 'beef up' on ag economics
By Julie Ingwersen CHICAGO (Reuters) - Bovine avatars with funny hats in an app are being corralled into helping to teach young people in the United States about agricultural markets and risk. The CME Group futures exchange launched the app, called "Risk Ranch," for tablets and smartphones as an electronic version of a board game called "Commodity Carnival" - first bought to state fairs in 2013 by CME and the 4-H youth organization. "We heard from educators who asked us, 'How can I get this in my classroom?'" said Laurie Bischel, CME's executive director of corporate marketing and communications.
08/29/2014 06:33 PM

Twitch's peak viewing numbers rival CNN and MTV's prime-time audience

Twitch's peak viewing numbers rival CNN and MTV's prime-time audience


08/30/2014 04:11 AM

Here's how Google's Project Loon retrieves its internet balloons (video)

Here's how Google's Project Loon retrieves its internet balloons (video)


08/29/2014 11:52 PM

ALS Association abandons its effort to trademark the 'ice bucket challenge'

ALS Association abandons its effort to trademark the 'ice bucket challenge'Following backlash, the ALS Association says it's given up on its attempt to trademark both "ice bucket challenge," and the "ALS Ice Bucket Challenge." In a note on its Facebook page today, the ALS Association said it understood people's concerns over any one group owning those phrases, adding that it planned to withdraw both applications, which were filed earlier this week. We've received several messages regarding the trademark applications we filed. We filed for these trademarks in good faith as a measure to protect the Ice Bucket Challenge from misuse after consulting with the families who initiated the challenge this summer. According to the group, the trademark effort was originally intended to keep would-be fraudsters from cashing in on the success of Ice Bucket Challenge.


08/29/2014 11:03 PM

Home-made vibrating gloves train your finger muscles to touch type (video)

Home-made vibrating gloves train your finger muscles to touch type (video)


08/29/2014 10:32 PM

'Party Down' comes to Hulu Plus, first five eps are on free Hulu

'Party Down' comes to Hulu Plus, first five eps are on free Hulu


08/29/2014 09:13 PM

Twitter actualiza método de inscripción por primera vez en 3 años

Twitter actualiza método de inscripción por primera vez en 3 añosLa red social que anima a sus usuarios a comunicarse en 140 caracteres o menos busca simplificar su interfaz para ganar más usuarios.>


08/29/2014 08:55 PM

See the gorgeous luxury submarine made by a former James Bond villain

See the gorgeous luxury submarine made by a former James Bond villainFor the past 18 years, a company called DeepFlight has specialized in creating high-end, recreational submarines for well-off aquatic adventurers. As the company proudly notes on its website: "DeepFlight personal submarines are ideal toys for superyachts, resorts, and tour operators because of their capability to open up the undersea world in three dimensions." In an added twist that seems almost too good to be true, the company was founded by Graham Hawkes, a longtime British marine engineer who built and piloted a submarine that attacked James Bond in the 1980 film For Your Eyes Only. Hawkes and DeepFlight were recently the subject of an enthralling Betabeat profile, in which the founder relates stories of piloting his craft with the likes of Richard Branson (Silicon Valley venture capitalist Tom Perkins is another DeepFlight submarine owner).


08/29/2014 08:33 PM

Netflix says it lost customers thanks to slow streaming on Comcast

Netflix says it lost customers thanks to slow streaming on ComcastWhy did Netflix decide to cave in and pay Comcast for a better direct connection to its network? Because apparently slow Netflix streaming on Comcast was costing the company customers. CNN reports that Netflix this week explained to the Federal Communications Commission that the quality of Netflix streams on Comcast had become so poor that the company had no choice but to pay up for a better connection. “For many subscribers, the bit rate was so poor that Netflix’s streaming video service became unusable,” Netflix told the FCC. “Some of them canceled their Netflix subscription on the spot, citing the unacceptable quality of Netflix’s video streams and Netflix’s inability to do anything to change the situation… We had to do something to


08/29/2014 08:15 PM

Engadget Daily: Google's delivery drone, Nintendo's new 3DS handhelds and more!

Engadget Daily: Google's delivery drone, Nintendo's new 3DS handhelds and more!


08/29/2014 08:15 PM

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