A digital currency exchange in Hong Kong has suspended trading after a security breach in which thieves made off with an apparent $63 million worth of bitcoin.The exchange, Bitfinex, reported the intrusion on Tuesday and said it was working with law enforcement.“We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen,” the exchange said.Its statement doesn't say how many bitcoins are missing, but Zane Tackett, the site's director of community and product development, said on Reddit that the losses stand at 119,756 bitcoins. Bitfinex didn't immediately respond to a request to confirm that figure.To read this article in full or to leave a comment, please click here
A digital currency exchange in Hong Kong has suspended trading after a security breach in which thieves made off with an apparent $63 million worth of bitcoin.The exchange, Bitfinex, reported the intrusion on Tuesday and said it was working with law enforcement.“We are investigating the breach to determine what happened, but we know that some of our users have had their bitcoins stolen,” the exchange said.Its statement doesn't say how many bitcoins are missing, but Zane Tackett, the site's director of community and product development, said on Reddit that the losses stand at 119,756 bitcoins. Bitfinex didn't immediately respond to a request to confirm that figure.To read this article in full or to leave a comment, please click here
The head of Hewlett-Packard Enterprise’s cloud team is leaving the company in a reorg that will also see the creation of a new cloud division.Two other top executives are also departing: Manish Goel, the head of HPE’s storage business, and Robert Vrij, managing director of sales for the Americas.The changes, announced in a blog post Monday, follow the news last month that Martin Fink, HPE’s CTO and the head of HP Labs, will retire at the end of the year.To read this article in full or to leave a comment, please click here
Intel's profit dropped sharply last quarter due to heavy costs from a restructuring announced in April, though sales were up thanks to the company's powerful data center group.Intel's profit for the quarter, ended July 2, was $1.3 billion, down from $2.7 billion a year earlier, the company announced Wednesday. Revenue climbed 3 percent to $13.5 billion.Intel said in April that it would axe 12,000 jobs worldwide, or 11 percent of its staff, in a plan to cut costs and focus on growing businesses like server processors and chips for the internet of things.In the process, it canceled the development of low-power Atom processors and more or less gave up on the smartphone and tablet markets -- areas where it's never done well.To read this article in full or to leave a comment, please click here
Amazon Web Services has bought Cloud9, a popular web-based developer environment that recently aligned itself with the Google Cloud Platform.Cloud9 is a browser-based IDE (integrated development environment) with a fairly rich feature set for building and deploying applications. Because it runs in a browser, developers can pick up their work from any machine, and Cloud9 has tools that let developers collaborate on projects.Along with Codenvy, it was one of the few remaining popular, independent cloud IDEs."While the cloud IDE space is hot, as a market, IDEs are not an easy way to make money," said IDC analyst Al Hilwa. "The technology is better used as a sweetener to make broader platforms more attractive to developers."To read this article in full or to leave a comment, please click here
Hewlett Packard Enterprise has been awarded $3 billion in a lawsuit it brought against Oracle five years ago over a now largely forgotten Intel processor.The two sides had been fighting over Oracle's decision to stop developing versions of its software for Intel's Itanium, a server chip that never found much success in the market. After the jury verdict Thursday, Oracle said it planned to appeal.It's Oracle's second big court loss in as many months. In May, a jury rejected Oracle's claim that Google infringed its copyright when it copied parts of Java into Android. Oracle was seeking nearly $9 billion in that case. It plans to appeal that outcome, too.To read this article in full or to leave a comment, please click here
Federal regulators are investigating Tesla's autopilot feature after a fatal crash involving a tractor trailer and one of its Model S cars.The U.S. National Highway Traffic Safety Administration opened the investigation after a man was killed while driving a Model S with the self-driving mode engaged."This is the first known fatality in just over 130 million miles where Autopilot was activated," Tesla said in a statement Thursday. It called the incident a "tragic loss."The car was on a divided highway when a tractor trailer made a left turn in front of the Tesla at an intersection. "Neither Autopilot nor the driver noticed the white side of the tractor trailer against a brightly lit sky, so the brake was not applied," Tesla said.To read this article in full or to leave a comment, please click here
Larry Ellison doesn't do "cheap." The Oracle chairman isn't interested in selling the low-cost one- and two-socket servers that make up a huge slice of the server market but yield little profit for the companies that make them. Even if he did, that business is pretty much sewn up by Hewlett Packard Enterprise, Dell, and the "white box" makers from China and Taiwan.But Ellison's also a realist, and he knows customers are gradually turning away from his pricey Unix systems in favor of x86 boxes to build scale-out private and hybrid clouds. So to keep customers interested in Sparc, Ellison needs to come downmarket and provide more affordable options.To read this article in full or to leave a comment, please click here
Hewlett-Packard Enterprise can't seem to settle down. Nine months after it separated from HP's PC and printer group and a month after it said it would spin off its enterprise services division, CEO Meg Whitman has announced yet more changes that will see CTO Martin Fink leave at the end of the year.To read this article in full or to leave a comment, please click here
Hewlett-Packard Enterprise can't seem to settle down. Nine months after it separated from HP's PC and printer group and a month after it said it would spin off its enterprise services division, CEO Meg Whitman has announced yet more changes that will see CTO Martin Fink leave at the end of the year.To read this article in full or to leave a comment, please click here
If you want to get under Diane Bryant’s skin these days, just ask her about GPUs.
The head of Intel’s powerful data center group was at Computex in Taipei this week, in part to explain how the company's latest Xeon Phi processor is a good fit for machine learning.
Machine learning is the process by which companies like Google and Facebook train software to get better at performing AI tasks including computer vision and understanding natural language. It’s key to improving all kinds of online services: Google said recently that it's rethinking everything it does around machine learning.To read this article in full or to leave a comment, please click here
Check out the crazy modded gaming rigs Corsair brought to ComputexImage by James NiccolaiWe stopped by Corsair’s suite at the Computex trade show this week to check out the gaming PCs built to show off its latest components. Pick a CPU, graphics card and motherboard, and Corsair has everything else you need to build out a custom, high performance rig. This system uses the Mirror's Edge Catalyst chassis, modelled after the game of the same name. Someone bolted an LED panel to the side just for the hell of it.To read this article in full or to leave a comment, please click here
Nvidia has staked a big chunk of its future on supplying powerful graphics chips used for artificial intelligence, so it wasn't a great day for the company when Google announced two weeks ago that it had built its own AI chip for use in its data centers.Google's Tensor Processing Unit, or TPU, was built specifically for deep learning, a branch of AI through which software trains itself to get better at deciphering the world around it, so it can recognize objects or understand spoken language, for example.To read this article in full or to leave a comment, please click here
Nvidia has staked a big chunk of its future on supplying powerful graphics chips used for artificial intelligence, so it wasn't a great day for the company when Google announced two weeks ago that it had built its own AI chip for use in its data centers.Google's Tensor Processing Unit, or TPU, was built specifically for deep learning, a branch of AI through which software trains itself to get better at deciphering the world around it, so it can recognize objects or understand spoken language, for example.To read this article in full or to leave a comment, please click here
A jury in San Francisco on Thursday cleared Google of copyright infringement in a case brought by Oracle over Google’s use of Java in Android.The jury of eight women and two men took three days of deliberation to reach its verdict. Oracle was seeking up to $9 billion in damages, making it a huge victory for Google and its legal team."Your work is done," Judge William Alsup told the jury after the verdict was read.Oracle's lawyers sat stoney faced after the verdict was read, but shortly afterward the company said it would continue the battle.+ BACKGROUND: Oracle cries foul over expert in Java case against Google +To read this article in full or to leave a comment, please click here
As if the jury deciding the Oracle v. Google trial didn't have enough on its plate already.
Deliberations were interrupted Tuesday when the 10-member panel ran into technical problems trying to review evidence from the case given to them on a PC.
The jurors apparently wanted to look at some of the source code for Google’s Android OS and couldn’t get the large files to open.
“You lawyers should not have done this to the jury; you should have tested it out yourselves,” an irritated Judge William Alsup told lawyers for the two sides, who huddled with the court’s IT specialist to try to figure out the problem.To read this article in full or to leave a comment, please click here
Nvidia is introducing a new graphics card option for its Grid virtual desktop system, promising to cut the costs of streaming graphics-intensive applications to employees.The new card, the Tesla M10, includes 4 GPUs and 32GB of memory, or enough compute power to stream desktop apps to 64 end users, according to Nvidia.Customers buy the graphics hardware in Grid servers from partners such as Hewlett Packard Enterprise, Dell, Cisco Systems and Nutanix, along with virtualization software such as VMware Horizon, Citrix XenApp and Citrix XenDesktop. Nvidia
Proponents say running apps centrally and streaming them to end users can reduce hardware and management costs. Users can get by with cheaper PCs that don't have enough compute power to run graphics-heavy programs. It can also make workers more mobile, because the streamed apps can be accessed from anywhere and on almost any client, including a tablet.To read this article in full or to leave a comment, please click here
Eric Schmidt was called to the witness stand Tuesday in Oracle’s copyright infringement lawsuit against Google, and he gave little ground during some tense exchanges with Oracle’s attorney.The chairman of Alphabet, Google’s parent company, was the first witness called in the trial, in which Oracle accuses Google of infringing its Java copyrights in Android.Schmidt was initially questioned by Google's own attorney, and he testified that Google did not believe it needed a license to use 37 Java application programming interfaces for which Oracle owns the copyright.To read this article in full or to leave a comment, please click here
A lawyer, an accountant and a retired CFO are among the eight women and two men who were selected Monday to decide Oracle’s huge copyright infringement case against Google.
With the 10-member jury sworn in, lawyers for each side will make their opening statements Tuesday morning, kicking off a high-profile trial that’s expected to last four weeks.
It's a technical case, and at least one of the jurors seems likely to have trouble keeping up. She’s a retired woman from Berkeley who said she struggles with technology and thought the case would not be a good one for her to hear.To read this article in full or to leave a comment, please click here
Oracle’s legal fight with Google over its use of Java in Android goes to a jury trial for the second time next week, and the stakes are even higher than when the two sides met in court four years ago.Oracle wants a whopping $8.8 billion in damages from Google, much more than the first time around, making it one of the biggest copyright cases ever, and it's anyone’s guess which way the jury will go.MORE: 10 mobile startups to watch
The timing is awkward for Google – its I/O conference comes smack in the middle of the trial -- and developers at that event should pay attention to the outcome. If Oracle wins, Google could be forced to make changes to the way people build apps for Android, or else swallow a royalty fee for continued use of Oracle's technology.To read this article in full or to leave a comment, please click here
James Niccolai