Back in March, we introduced a chip upstart taking aim at the efficiency of future exascale systems called Rex Computing. The young company is now armed with $1.25 million to hire another few engineers to move the Neo chips from concept to production—and also has a sizable DARPA contract to match the early interest it found with select national labs in the U.S..
We knew that Microsoft's quarter was going to be a rough one after it announced a $7.6 billion write-down of the Devices and Services division it purchased from Nokia last year, and so it has come to pass: on revenue of $22.2 billion, the company had a gross margin of $14.7 billion, an operating loss of $2.05 billion, a net after-tax loss of $3.20 billion, and a $0.40 loss per share.
Development of the smart lock market has become active in Japan recently. Led by the launch of the 'Akerun' smart lock by Japan-based Photosynth, other vendors including Sony and Denmark-based Poly-Control have also stepped into the segment. Since smart lock systems can also apply to commercial markets such as real estate and the household service sector, the smart lock market in Japan is expected to surpass JPY1 trillion (US$8.05 billion), according to Digitimes Research.
A former intern at security company FireEye has been arrested for creating and selling the slick and sophisticated Dendroid malware program after being caught in a global police sting that obliterated the Darkode cybercrime forum.
Prosecutors say that Morgan Culbertson, 20, of Pittsburgh, was most recently working as a whitehat anti-malware professional at the security giant while also building and selling Dendroid, a product which the company would label its chief enemy.