Information Age

Google Glass Hacked, Can Record Everything You Stare At

by Wolf Richter •  • Comments Off on Google Glass Hacked, Can Record Everything You Stare At

You don’t need to break a code; you don’t need to capture a server. “Hardcore hackers wouldn’t even bother with it,” says one of the hackers. “They’d find access too easy.”

The untimely end of San Francisco’s Tech and Housing Bubbles

by Wolf Richter •  • Comments Off on The untimely end of San Francisco’s Tech and Housing Bubbles

“Recently, the billionaire venture capitalist Vinod Khosla went hunting for one-bedroom apartments in San Francisco….” And then he opened his mouth.

Cloud Wars: Now Even the CIA Slams IBM’s Technology

by Wolf Richter •  • Comments Off on Cloud Wars: Now Even the CIA Slams IBM’s Technology

Our spoiled American tech heroes yearn to get those big-fat contracts with the Intelligence Community. But it seems IBM is far better at financial engineering than actual engineering.

I Just Got PayPal’s New Absolutely-No-Privacy-Ever Policy

by Wolf Richter •  • Comments Off on I Just Got PayPal’s New Absolutely-No-Privacy-Ever Policy

Sunday, when no one was supposed to pay attention, PayPal sent its account holders an innocuous-sounding email with the artfully bland title, “Notice of Policy Updates.” PayPal didn’t want people to read it – lest they think the NSA is by comparison a group of choirboys.

IPO Highflyer Hits Sidewalk After Smart Money Bails Out

by Wolf Richter •  • Comments Off on IPO Highflyer Hits Sidewalk After Smart Money Bails Out

The IPO scene is sizzling: 25 pre-IPO startups, dogged by puny revenues and hefty losses, have “valuations” from $1 billion to $10 billion. But post-IPO debacles, even in the immensely hyped Cloud and Big Data sector, are already hitting the sidewalk.

Cracks In The Tech Bubble (That Doesn’t Exist)

by Wolf Richter •  • Comments Off on Cracks In The Tech Bubble (That Doesn’t Exist)

It’s “a technology everyone is going to have,” said a Bay Area real estate broker as he explained why realtors use drones to shoot aerial videos of high-end properties. And it’s illegal. But no one is going to be able to stop it, he implied.

We Are Sleepwalking Towards A Cashless Society

by Don Quijones •  • Comments Off on We Are Sleepwalking Towards A Cashless Society

By Don Quijones: Governments are seeking to reduce cash transactions. The reasons are obvious: as most countries struggle to rein in public spending, governments are frantically surveying their surroundings for anything of value to steal or pawn.

Hang On Tight: ‘Merger Monday,’ Which Died in 2008, Is Back

by Wolf Richter •  • Comments Off on Hang On Tight: ‘Merger Monday,’ Which Died in 2008, Is Back

I thought we’d never see “Merger Monday” again, the concept. But now, the unthinkable happened, the zombie phrase has walked back into the scene. Like in the bubble days of 2007: the big numbers were there, the deal exuberance, the craziness, the hoopla.