Corporate raider Carl Icahn is stirring up another shitstorm. This time, he’s going after eBay, accusing the web giant of harboring competitors on its board of directors. Ultimately, the billionaire investor is throwing his weight around in order to make himself some extra cash, but he has stumbled onto a phenomenon that will only become more common at the highest levels of the tech world. As the giants of tech keep expanding — entering each others’ markets, looking more like one another — apparent conflicts of internet are only going to pop up in the board room more often.
When former government contractor Edward Snowden revealed that the NSA was conducting digital surveillance on a massive scale, many feared for the future of cloud computing. The Information Technology and Innovation Foundation estimated that Snowden’s revelations could cost U.S. cloud companies $22 billion to $35 billion in foreign business over the next three years, and countless pundits predicted that American businesses would flee the cloud as well.
Google Barge is about to be on the move, relocating from its current berth alongside Treasure Island in the middle of San Francisco Bay to Stockton, Calif., a delta city about 80 miles west.
But what does that mean for the future of the project, expected to be a floating showroom for Google X products and concepts like Glass, driverless cars, and more?
Mt. Gox, the Japan-based Bitcoin exchange, has had a remarkably bad month. All withdrawals from the service were halted on February 7, 2014; the CEO, Mark Karpeles, resigned from the board of the Bitcoin Foundation on February 23, 2014; and there was an indefinite closure of all transactions "for the time being" as of two days later. There has been a slow unraveling of the digital currency's valuation since February 1, 2014, though it has been on the mend at the time of writing.
The RSA security conference (where the world's security companies come to do business with each other), opened its doors this week in San Francisco to a wide range of protests by security professionals who would otherwise be attending and speaking at the conference.
The protests might be called "obnoxious," "pointless" and "first world outrage " -- but the protesters affiliated with hacker conference DEF CON, organization Code Pink, and sold-out opposition conference "TrustyCon" are getting everyone's attention this week.