Bitcoin is down but not out

bitcoin-logo-3dRegular readers will know that I’ve had my doubts about Bitcoin. Recent events in the Bitcoin world, especially the failure of Mt. Gox, the biggest Bitcoin exchange, have caused further problems for the crypto currency. But I’m oddly cheered by these events and am beginning to think Bitcoin may actually have a chance of surviving as a currency.

Willy Sutton, who made his career robbing banks, once explained that he robbed them “because that’s where the money is.” Well recent bad news in the world of Bitcoin follows a similar theme: yes there have been thefts, corruption, and a suicide, but all this is based not on Bitcoin’s failure but […]

By |March 12th, 2014|2014, Banks, Finance, Privacy and Security|51 Comments
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pCell is only as good as the Linux it runs on

artemis pwaveI’m still working-away on my IBM book and it is still a week from being finished (the well-known second 90 percent syndrome). The book, if I am allowed to sell it on Amazon, will cost a whopping $3.99 and will be worth the money. But I’m still a columnist of sorts so here are my thoughts on pCell, an impressive new technology for increasing performance of LTE mobile data networks. It was invented by WebTV founder Steve Perlman, introduced two weeks ago in New York (very impressive video here, but fast-forward to 5:30) and was the talk of the Mobile World Congress in Barcelona the following week. pCell is amazing. It is […]

By |March 6th, 2014|2014, cloud computing, Internet, mobile technology, Startups, Technology, Television|53 Comments
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WhatsApp is the first of several big acquisitions for Facebook

FaceAppIf yesterday’s announcement of Facebook paying $19 billion in cash and stock for WhatsApp surprised you then maybe you’d forgotten this prediction I published on January 8th:

#6 — Facebook transforms itself (or tries to) with a huge acquisition. I wrote long ago that we’d never see Facebook in the Dow 30 Industrials. The company is awash in users and profits but they’ve lost the pulse of the market if they ever had it. Trying to buy their way into the Millennial melting data market Facebook offered $3 billion for Snapchat, which turned them down then rejected a $4 billion offer from Google. Google actually calculates these things, Facebook does not, so where Google will now reverse-engineer […]

By |February 20th, 2014|2014, Business, Internet, Social Media|36 Comments
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As Seen on TV: ThreeDrive, from CringeCo

skydrive-onedriveMy e-mail inbox this morning contains 118,306 messages totaling about seven gigabytes. I really should so something about that but who has the time? So I keep a lot of crap around longer than I should. I have, for example, every message I have sent or received since 1992 when I registered cringely.com. Those obviously occupy a lot more than seven gigabytes, though interestingly enough the total is less than 20 gigs. My storage strategy has been a mixed bag of disks and cloud services and probably stuff I’ve forgotten along the way. So I’ve decided to clean it up by standardizing on Microsoft’s OneDrive (formerly SkyDrive) cloud storage service, just relaunched with its new […]

By |February 19th, 2014|2014, cloud computing, Internet, Technology|35 Comments
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Apple needs Time-Warner Cable more than does Comcast

TWCappleTVTech news changed this week faster than the weather. At the beginning of the week Charter Communications was trying to buy Time-Warner Cable, then on Tuesday Apple was rumored to be close to a deal for Apple TV to replace or augment Time-Warner’s cable boxes, then on Thursday both stories crashed and burned when Comcast bought TWC out from under Charter, killing the Apple deal in the process. But does it really have to end that way? Not if Apple is smart.

I don’t care about cable consolidation, frankly, though a lot of other people do, seeing too much power being concentrated in Comcast. I would just like to see things shaken up in the TV […]

By |February 13th, 2014|2014, Breaking News, Business, Companies, Media, Television|52 Comments
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