Mt. Gox files for bankruptcy protection with $63.6 million in debt

Embattled Bitcoin exchange Mt. Gox is filing for bankruptcy protection with liabilities of ¥6.5 billion ($63.6 million), according to Japanese media reports. A lawyer for the exchange, which had suspended bitcoin withdrawals weeks ago, made the announcement at a press conference at the Tokyo District Court. CEO Mark Karpeles also apologized for the exchange’s collapse, according to… Continue reading Mt. Gox files for bankruptcy protection with $63.6 million in debt

California makes it legal to look at a map on your smartphone while driving

Talking on a cellphone while driving, get a ticket. Text while driving, get a ticket. Glance at that all-powerful map on your iPhone while driving? No problem. That was the conclusion Thursday of a state appeals court in Fresno, which for the first time in a California case found that drivers can use maps on their… Continue reading California makes it legal to look at a map on your smartphone while driving

Google’s Sundar Pichai talks about the security of Android

It is safe to say that Android is probably the most popular smartphone operating system at the moment. That also makes them a very nice and juicy target for hackers who have in the past released malware that specifically targets the operating system. Does the fact that Google’s choice to make Android open source a… Continue reading Google’s Sundar Pichai talks about the security of Android

Los Angeles Unified School District to begin using Microsoft Office 365

It seems that Microsoft might have something to celebrate, according to a recent announcement made by the company. It turns out that Microsoft and the Los Angeles Unified School District have managed to come to an agreement in which it will see the entire district use Microsoft’s Office 365 as its cloud-based email solution for staff members… Continue reading Los Angeles Unified School District to begin using Microsoft Office 365

€1.57 billion patent lawsuit against Apple gets dismissed by German court

German patent licensing company IPCom was handed a setback today when both of its patent infringement lawsuits against Apple were dismissed in a German court, reports FOSS Patents. The decisions were handed down by two different chambers within the Mannheim Regional Court. The patents cited in the dismissed lawsuits include European patent EP1841268 and German patent DE19910239, which describe methods… Continue reading €1.57 billion patent lawsuit against Apple gets dismissed by German court

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The bulk of the Windows Store’s revenue comes from in-app purchases

Microsoft has provided some new details and trends about the Windows Store, currently home to 146,395 apps worldwide. These details are based on recent trends in the Windows Store across categories, markets, and much more. According to Microsoft, in-app purchases account for the main revenue source for monetizing apps, especially games. In fact, Games was the top category… Continue reading The bulk of the Windows Store’s revenue comes from in-app purchases

Developer claims Valve’s VR headset is “lightyears” ahead of Oculus Rift

Valve’s VR headset device will not be sold commercially, but one developer at Iridium Studios visited the company in Seattle to try it out. In his detailed report, he claims that the peripheral is “lightyears” ahead of the original Oculus Rift device. The reason why Valve is not selling the device, is that it is using… Continue reading Developer claims Valve’s VR headset is “lightyears” ahead of Oculus Rift