Andy Rubin wasn’t ready to retire when he left Google in 2014. He certainly could have: After an illustrious career developing some of the most innovative products in tech, he had all the wealth and accolades anyone could want. As an engineer at the Apple spinoff General Magic, he built some of the world’s first internet-connected portable devices. As CEO at Danger, he created the Sidekick, a smartphone that defined the category before anyone had invented the term.read more
A new mobile payment device was recently introduced that can utilize a breathalyzer and fitness tracker-like band to help prevent people from spending too much money when they’re intoxicated.
DrnkPay is a new app that is able to track and monitor how much individuals have drunk, and limit more purchases if they’ve had too much to drink, by connecting the device to a user’s credit and debit cards through the app.read more
More than 80 percent of CISOs reported that some detected data breaches are going unaddressed, and 70 percent said it is difficult to prioritize threats based on business criticality, according to a new survey of 300 chief information security officers from around the world conducted by ServiceNow, an IT vendor whose products and services include security.read more
British Airways (BA) said it would take steps to ensure there was no repeat of a computer system failure that stranded 75,000 passengers over a holiday weekend and turned into a public relations disaster.read more
The large scale WannaCry (WannaCrypt) ransomware attack that has crippled over 100,000 computer systems, primarily in health care, is a reminder of just how vulnerable the world’s computing infrastructure really is. But what’s most amazing about the attack is not its scale or the speed with which it spread, but how easily it could have been avoided.read more
Cryptocurrencies are booming beyond belief. Bitcoin is up sevenfold, to $2,500, in the last year. Three weeks ago the redoubtable Vinay Gupta, who led Ethereum’s initial release, published an essay entitled “What Does Ether At $100 Mean?” Since then it has doubled. Too many altcoins to name have skyrocketed in value along with the Big Two. ICOs are raking in money hand over fist over bicep. What the hell is going on?read more
First the good news. If you get a signed term sheet with a reputable angel or venture investor, there is a very good chance you will get a deal done. Unless, of course, you don’t.
Probably the most common element of every term sheet is the provision that states unequivocally that by signing the term sheet neither party is obligating itself to enter into an investment transaction, whether on the terms reflected in the term sheet or otherwise. Still, if the parties do reach agreement on a term sheet, there usually is a deal made, and usually on terms mostly consistent with the term sheet. That said, herewith a look at the most common reasons a “done term sheet” does not lead to a “done deal.”read more
A mathematical savant, virtual reality experts, renowned nature nature film-maker, well known author, “remote viewer” and assorted new-age folks were part of Promega’s BioPharmaceutical Technology Center’s annual forum on consciousness, Awakening Through Our Senses, that took place May 18-19. It was a mixed bag of amazing science and technology, unmatched beauty, the preposterous, odd and forgettable. There was something for everyone across the intellectual spectrum.read more
Dinner is set but the phone rings, and when you pick up it isn’t a friend, or someone you know, sometimes it’s not even a person. It’s a robocall.
Robocalls for years have managed to catch people at the most inopportune moments, and the shift from landlines to mobile phones hasn’t seemed to prevent all those fake tax collectors and mortgage vendors from calling in.read more
Technology often marches ahead of the ability of government regulators to keep up. A prime example is the internet, which surged ahead in its formative days in part because there was an absence of red tape to hold back its pioneers.
Autonomous vehicles are another example. Researchers and industry are racing to develop, test and eventually market self-driving vehicles, from cars to trucks to small sidewalk delivery robots. The trick for government is how to monitor public safety without forcing unnecessary detours to innovation.read more
In 2003, Keith Rabois, a longtime Silicon Valley investor and executive, had an ambitious idea: He wanted to start a website that would instantly offer a fair price for your home. If you accepted the offer, the site would agree to buy your house immediately, closing the deal in a matter of days.read more
Tech companies and app developers everywhere are breathing a sigh of relief after Monday’s major Supreme Court ruling on a topic that’s close to their hearts: patents. More specifically, patent lawsuits — a rising number of which analysts say are bogus and threaten to strangle new start-ups and inventions before they have a chance to succeed.read more
The internet of things is real, and it’s a real part of the cloud. A key challenge is how you can get data processed from so many devices. Cisco Systems predicts that cloud traffic is likely to rise nearly fourfold by 2020, increasing 3.9 zettabytes (ZB) per year in 2015 (the latest full year for which data is available) to 14.1ZB per year by 2020.
As a result, we could have the cloud computing perfect storm from the growth of IoT. After all, IoT is about processing device-generated data that is meaningful, and cloud computing is about using data from centralized computing and storage. Growth rates of both can easily become unmanageableread more
On the EHR world stage, InterSystems and Epic won more new hospital contracts in 2016 than any of their rivals, according to a new KLAS report: “Global EMR Market Share 2017.”
The two companies broke ahead of both their multiregional and regional competitors.
“In addition to cost, many other factors were important in providers’ decisions,” said KLAS, which added that many EHR vendors recorded strong years.
InterSystems’ strong 2016 sales across Europe, Asia and the Middle East included new contracts with several multi-hospital organizations in the U.K. and China.read more
Lines of business want services fast; IT will need an investment budget that allows it to try to achieve desired solutions and sometimes fail.
It used to be that every IT technology project needed to be a business — to have a business justification. Now, every new business project “needs to be a technology,” noted Mark Tonsetic, analyst with the CEB unit of Gartner.read more