Did the “Real” Satoshi Nakamoto come out? To have a say in the current debate about who the Bitcoin founder is. After a firestorm of criticism against Newsweek’s cover story of their “outing” of Dorian Prentice Satoshi Nakamoto as the Bitcoin founder, a person claiming to be the real Satoshi Nakamoto posted a response on the P2P Foundation‘s Ning page.
The person posted as Satoshi Nakamoto simply stated: “I am not Dorian Nakamoto.”
The simple and short posting is notable because it uses the same email address… Read More
Samsung Electronics introduced two new smartwatches, the Gear 2 and Gear 2 Neo, and dropped the Galaxy branding from its first smartwatch, the Galaxy Gear. Today’s announcement also revealed that Samsung will use its own OS, the Tizen, an operating system that Samsung developed with several partners, instead of Google’s Android.
Samsung also said the new smartwatches will have a battery life of two to three days, an improvement over the Galaxy Gear, which got one day of battery life.
Samsung smartwatches are more companions to its smartphones than a standalone device. For instance,… Read More
Follo – the Celebrity Connect service from Times Mobile , launched its new offering, StarAuctions. While Follo enables the users to share & receive real-time updates about their favourite celebrities, the recently launched Star Auctions enables follo user to bid and buy memorabilia of their favourite movie stars.
At the launch event yesterday, Puneeth RajKumar (PRK) was the guest of honour and he unveiled the first StarAuctions item for bidding. The first item on bid is the famous SKELETON BIKE used by PRK in his blockbuster movie, Anna Bond. Fans of PRK can bid… Read More
Herbalife Ltd, the nutrition products company, raised its forecast for the first quarter of 2014 on strong sales growth in China.
The forecast was raised as the company's China sales rose more than 120 percent in the fourth quarter of 2013. The firm adjusted profit of $1.25 to $1.29 per share in the first quarter this year. Prior, it forecasted $1.24 to $1.28 per share.
Direct sales models have recently come under fire in China. The Chinese authorities launched a probe into Herbalife rival NU Skin Enterprises Inc last month after state… Read More
Two analysts said that Apple and Samsung made all of the industry’s profits last quarter.
Tavis McCourt, an analyst for Raymond James, estimates that Apple took 87.4 percent of mobile phone earnings in the fourth quarter, while Samsung took in 32.2 percent. (The numbers add up to more than 100 percent because Apple and Samsung combined made more money than other companies lost.)
Canaccord Genuity analyst T. Michael Walkley estimated took in 76 percent of industry profit compared to 32 percent by Samsung.
The numbers indicate a… Read More
The San Francisco Bay Conservation and Development Commission (BCDC), a state agency, has told Google that it must move its infamous mystery barge.
The order today by the state agency comes after months of speculation what the mystery barge holds. After numerous complaints filed, an investigation was held by the agency. It found Google did not apply for the required permits for the work to be done at the site. Fines could be levy according to According to the AP Larry Goldzband, the BCDC’s executive director.
A Google spokesperson today commented… Read More
A new study has now confirmed most sales of mobile software are coming from Asia.
The study by Distimo, a mobile apps research firm, found that Asia was the most lucrative mobile app market in the world. The report said 41 percent of global app revenue in December came from Asia, while 31 percent came from North America and 23 percent from Europe.
This is after a few years when the smartphone and tablet phenomena began in the United States, after Apple introduced the iPhone and the iPad.
Distimo’s report… Read More
OurHealthMate, an online platform that allows non-resident Indians to manage and monitor their family’s healthcare from a distance, today announced it had closed a SGD560K (USD440K) seed funding round. This round is led by Bimal Shah with support from Singapore-based Benjamin Tsai and a second international angel syndicate led by high frequency trader Ben Ball.
The founders of OurHealthMate came out of the JFDI.Asia accelerator program in 2013. The seed money will be used to expand the its employees from 6 to 16 across offices in India and Singapore and to introduce the platform… Read More
Lenovo Group Ltd of China is nearing an agreement to buy International Business Machines Corp's low-end server business for $2-2.5 billion, according to the Wall Street Journal. An announcement could come as early as Thursday.
The deal would help Lenovo as the PC market continues to shrink. Lenovo, the world's biggest PC maker, halted trading in its shares pending an announcement in respect of a transaction.
The report comes as IBM missed revenue expectations for the fourth consecutive quarter when it reported earnings earlier this week.
The deal could… Read More
Apple’s partnership with China Mobile was seen as a great victory for Apple in its quest to grow its China market. However, if Friday’s “grand opening” - when customers were finally able to buy iPhones from China Mobile - was any indication, they may have a tougher challenge than they think. At a store in Beijing, only about a dozen customers showed up to buy iPhones, and this despite the appearance of Apple CEO Timothy D. Cook.
China Mobile has more than 750 million customers and Apple’s agreement with China Mobile to sell its… Read More
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