Business

Is it easy to steal Bitcoin

Business, Cyber Security
Bloomberg TV's Matt Miller is currently experiencing the "12 Days Of Bitcoin," a series for the business news television station. On Friday, Miller learned an important lesson. It was an experience that everyone should remember before they start moving their money into the digital currency. While on air, Miller surprised Bloomberg anchors Adam Johnson and Trish Regan each with $20 worth of Bitcoin. But as Johnson received the paper gift, he briefly exposed the QR code (see above). This act was effectively like sharing a bank account and PIN number. Immediately, someone lifted the QR code and stole the $20. This morning, Miller reported that he had engaged the thief — someone who goes by "milkywaymasta" — on Reddit. Here's "milkywaymasta": I was watching bloomberg where

Google Transparency Report: Government removal requests keep rising

Business, Governance
Google  launched their  Transparency Report in 2010 to provide hard evidence of how laws and policies affect access to information online. Today, for the eighth time, they are  releasing new numbers showing requests from governments to remove content from Google services. From January to June 2013, Google  received 3,846 government requests to remove 24,737 pieces of content—a 68 percent increase over the second half of 2012. Below is their post Over the past four years, one worrying trend has remained consistent: governments continue to ask us to remove political content. Judges have asked us to remove information that’s critical of them, police departments want us to take down videos or blogs that shine a light on their conduct, and local institutions like town councils don’t want

Apple and DotConnectAfrica honor Nelson Mandela

Business
Late on Friday, Apple changed its website home page with a picture honoring former South Africa President Nelson Mandela, who died on Thursday at the age of 95. The move comes after CEO Tim Cook posted a tweet quoting Mandela, who was revered worldwide for his political suffrage and leadership of the anti-apartheid movement that eventually overthrew the government and replaced it with a truly representational democracy, of which Mandela himself was the first leader. Tim Cook Tweeted on Thursday Amazing human being. Champion of freedom and human dignity. He set an example for all of the world. RIP Nelson Mandela. We miss you already. — Tim Cook (@tim_cook)  tweeted on Thursday. December 6, 2013 He also quoted Mandela in a follow-up tweet: "'What counts in life is not the mere f

Are 10,000 registrations a realistic goal for niche new top level domains?

Business, Domains
So far, most new TLD registries are pricing their domains at a big premium to .com. Will that limit registration numbers? We’re starting to get a better idea of how new top level domain name registries are going to price domain names. It appears many are taking the .TV approach, essentially pricing out any value domainers can get from registering the domains and selling them (if there is much value to capture to begin with). We’re also seeing niche domain priced quite high by some registries. Consider .build, which estimates that “basic” .build domain names will retail for $99. How many domain registrations can .build realistically expect to get? Is 10,000 registrations a realistic goal? Depending on its overhead, that wouldn’t be a bad business. That’s about $1 million

Google’s Project Link: A US$14 million Metronet in Kampala to open up the market

Broadband, Business
Google has a global ambition to get Internet access available more widely (see Brett St Clair video link on access at the bottom of this story). This week it announced the launch of a Metronet in Kampala designed to open up the market. Russell Southwood spoke to Google’s Access Field Director, Kai Wulff about what it’s setting out to achieve. Project Link Video: Source Google Google has been looking at the supply chain in Sub-Saharan Africa and wanting to find a way of intervening that would break down market blockages and ultimately reduce retail prices for users. However, it’s always been very clear that it did not want to get into direct provision of retail bandwidth:”We wanted to do something where we put our money where our mouth was that could really influence the ecosystem