It’s been previously rumored that Apple’s next-generation iPhone would include near-field communication (NFC) technology to allow for new services — specifically, a mobile payments platform that was patented years ago called “iWallet.”
Wired's Christina Bonnington on Thursday said the iPhone 6 will indeed include NFC technology, citing “sources familiar with the matter.”
We’d previously reported on how Apple could make a big play in mobile payments with an NFC chip, which would be paired with the company’s Touch ID fingerprint security system that launched on last year’s iPhone 5S.
Currently, iPhone users can purchase iTunes and App Store content with their fingerprints, but by broadening the scope of what the iPhone can interact with thanks to NFC and Apple’s own iBeacons, users could soon pay for goods and send money to each other with only their iPhones and their fingerprints — no wallets necessary. (Learn more about iBeacons here.)
Awarded to Apple in March 2012, the “iWallet” patent describes a way to let users control all their financial accounts and transactions on their iPhones. They can also view their credit card profiles, see messages from their banks, and if a child owns an iPhone, Apple created parental controls in its “iWallet” system so they can set spending limits on their children and even request authorization from the parent — for purchases above a certain price limit, for a certain number of purchases, or any purchases at all — via their own iDevice.
Apple’s mobile payments platform would leverage the billing information already associated with one’s iTunes account, which is used to purchase iTunes content and App Store apps.
A payments system like the “iWallet” would help businesses do work but also manage, track, and exchange financial information. And thanks to its recently announced partnership with IBM, Apple could push all its devices even further into the enterprise.
Hopefully, the iWallet platform would also be able to link to Apple’s other apps like Numbers so you can learn more about your own finances and spending habits.
“An Apple-based payments system could eventually involve an expansion of revenue streams into promotions and coupons with retailers, but this type of functionality could also be done with Apps from others (and already is, in many cases),” Barclays analyst Ben Reitzes said in a recent note.
Automated ad buying and selling tools are increasingly driving digital ad sales in the U.S. That means less human-mediated, manual sales, and more opportunities for ad tech specialists to gain a share of ad spend.
A new report from BI Intelligence finds that real-time bidding (RTB), a key piece of the programmatic ecosystem, will account for over 33% of U.S. digital ad sales, or $18.2 billion in 2018, up from just $3.1 billion in 2013.
Here are some of the key takeaways from the report:
- Programmatic and real-time bidding (RTB) ad spend is growing fast. RTB will account for over $18.2 billion or 33% of U.S. digital ad sales in 2018, up from just $3.1 billion in 2013, growing at a compound annual growth rate of 42%. Programmatic will be 50% in 2018.
- Mobile and video ads will be a major driver of this growth, with RTB sales for these formats topping $6.8 billion and $3.9 billion in 2018, respectively.
A number of companies are already cashing in on the growing programmatic market. Top programmatic ad companies include Criteo, Rocket Fuel, the Rubicon Project, and AOL. These four companies pulled in more than $1.5 billion in combined global ad revenue in 2013, accounting for more than one-tenth of global programmatic ad dollars.
- Prices for programmatic ads are increasing for almost all ad types, as demand outpaces supply. The effective cost per thousand impressions (eCPM) for social ads was up by 64% between January through April 2014, compared to the same time period one year earlier, according to Turn.
- There are still a number of barriers to adoption. Top barriers include brand worries that they will lose control over where their ads will appear, internal resistance at ad agencies, and lack of transparency in the industry over methods and results.
- Sizes the market for programmatic/RTB spending.
- Breaks out the formats that will drive the biggest uptick in automated ad buying.
- Outlines the key factors driving advertisers and publishers to adopt programmatic technologies.
- Explains the players in the programmatic/RTB space.
- Looks at how pricing is trending for programmatic buys.
- Examines the barriers to widespread adoption of programmatic technologies.
- Sizes up the programmatic market, and outlines the barriers that some advertisers and publishers face when adopting programmatic technologies
This post is sponsored by IBM.
The U.S. Open is underway, and dedicated tennis fans will be hanging on every ace, double fault, and down-the-line volley. What if they could follow all of those parts of a match ... as a piece of music?
Now they can. Music producer James Murphy — best known as the frontman for LCD Soundsystem — has partnered with IBM on a very cool project, creating music based data points from matches at the U.S. Open.
Any match at the U.S. Open encompasses millions of points of data: aces tallied, forehand winners, break-point conversion percentages, and more. With the help of IBM Cloud services, Murphy and IBM experts used a custom musical algorithm that interprets these various data points into music, all in real time.
A new track will be produced for most of the men's and women's singles matches. Watching with a digital soundboard, Murphy will incorporate factors such as wind, humidity, and other variables so that every match has its own unique digital footprint. He'll remix 14 of those tracks into shorter, composed "songs" and compile them as a full album.
Fans can access "The U.S. Open Sessions" in several different ways through IBM's mobile-optimized site. They can stream the music during matches on their phones, listen to archived tracks from past matches, watch behind-the-scenes videos of how the music is created, or even visit an on-site listening booth if they're lucky enough to be there in person.
The site will also host a visualizer so fans can actually see and interact with the data that is generating the music.
It's a groundbreaking use of IBM cloud technology and reinvention of music, inspired by one of the biggest sports events of the year.
Learn more about IBM's "U.S. Open Sessions" collaboration with James Murphy.
Find out more about Sponsor Posts.
Apple has been granted a U.S. patent for the iconic cube design of its flagship New York store, 9to5Mac reports.
The patent is for the design of the 32-foot tall above-ground glass cube element of Apple's Fifth Avenue store in Manhattan. The self-supporting glass cube is completely free of structural steel. A 2011 redesign of the cube reduced the number of glass panels from 90 to just 13.
The patent application, which is listed as having been filed in 2012, was granted to Apple on Aug. 26, and will last for 14 years.
Late Apple founder Steve Jobs, who spearheaded the original design and manufacture of the Fifth Avenue store, is listed among the inventors on the patent filing.
Here's an illustration from the patent showing the cube's design:
Research published in 2010 revealed that Apple's Fifth Avenue store is the fifth most photographed location in New York, behind the Empire State Building, Times Square, the Rockefeller Center, and Grand Central Station.
The glass is still, well, glass. In January, one of the cube's glass panels shattered after clean-up crews accidentally hit it with a snowblower.
You can see the shattered glass panel in the Instagram photo below:
As 9to5Mac reports, patenting the design of its stores is not unusual for Apple. In 2012 the company was granted a patent for the cylindrical exterior of its Shanghai store. See below:
"Bioshock," one of the most highly regarded games of the last decade, has finally arrived on iPhone and iPad.
The original "Bioshock," first released in 2007, was praised for its engaging narrative and its beautifully eerie underwater setting of Rapture, a utopia turned horrifying nightmare.
The first-person shooter thrusts you into the 1960's world of cold-hearted objectivist Andrew Ryan, the man responsible for Rapture's creation. When your hero first enters the city, you learn that the citizens of Rapture have since devolved, like the environment itself, which is now teeming with genetically modified Splicers, creepy Little Sisters, and their iconic guardians, the legendary Big Daddies.
It's your job to escape.
The iPhone and iPad version of the game is a full port of the original game and will feature Bluetooth controller support, which will offer a more familiar experience than the alternate touch-screen controls.
You can download Bioshock for $14.99 over at the App Store.
To get a better sense of the gameplay, you can check out the official launch trailer for the new version of "Bioshock" or take a look at the screenshots below.
Microsoft announced on its Windows blog Wednesday that it’s removed more than 1,500 apps from its Windows Store in a bid to clean up the store and restore trust with Windows 8 and Windows Phone users.
“Earlier this year we heard loud and clear that people were finding it more difficult to find the maps they were searching for; often having to sort through lists of apps with confusing or misleading titles,” Todd Brix, Microsoft’s general manager of Windows Apps and Store, wrote in a company blog post.
“We took the feedback seriously and modified the Windows Store app certification requirements as a first step toward better ensuring that apps are named and described in a way that doesn’t misrepresent their purpose.”
Microsoft’s new certification process, in particular, asks for clear and accurate names that “reflect the functionality of the app,” more accurate categories, and differentiated icons to ensure apps aren’t confused with one another.
“These revised policies are being applied to all new app submissions and existing app updates for both the Windows and Windows Phone Store,” Brix said. “We’ve also been working on titles already in the catalog, conducting a review of Windows Store to identify titles that do not comply with our modified certification requirements.”
Microsoft reached out to developers with apps that violated its policies; some agreed to make changes to their software, while those who were “less receptive” saw their apps removed from the Windows Store. In total, Microsoft had to remove 1,500-plus apps.
The company is also saying it will “gladly refund the cost of an app that is downloaded as a result of an erroneous title or description.”
It’s unclear if Microsoft’s new policies will be able to prevent bogus apps from appearing in the Windows Store, but the company says its review process is ongoing and it’s “applying additional resources to … identify more problem apps faster.”
"The bank is taking additional steps to safeguard sensitive or confidential information, though it not seeing unusual fraud activity at this time," company spokeswoman Trish Wexler told the website.
On Wednesday, Bloomberg reported that the FBI was investigating an alleged cyberattack that affected five U.S. banks at the beginning of August, including JP Morgan Chase & Co., identified in the article as the target of the attack.
Two people familiar with the attack spoke to Bloomberg, and claimed that hackers gained access to gigabytes of sensitive data. The New York Times reports that the sensitive data included checking and saving account information.
In addition to the FBI, a number of outside security companies have been brought in to investigate the cyberattack. The NSA is also reported to have been called in to help with the investigation.
Security experts have speculated that the attack may have originated from a foreign government rather than a gang of criminal hackers motivated by financial gain. The Russian government has been touted as a possible originator of the hack, which may have been in retaliation for recent sanctions levied on Russia by the U.S. government over the crisis in Ukraine. The news comes as tensions between Russia and Ukraine have reached a new high with geopolitical expert Ian Bremmer of Eurasia Group tweeting Thursday morning: "Russia, Ukraine now at war."
In a statement to the New York Times, JPMorgan spokeswoman Patricia Wexler said: "Companies of our size unfortunately experience cyberattacks nearly every day, we have multiple layers of defense to counteract any threats and constantly monitor fraud levels.”
Last week, JPMorgan was revealed to have been the target in an email phishing campaign that attempted to collect customer information. The "smash and grab" campaign attempted to scam JPMorgan customers into handing over their bank information, as well as infecting computers with viruses. It's currently unclear whether this is related to the latest cyber-attack.
"Samsung is a religion, and Chairman Lee is a god." These were the words Masaki Oguro, an engineer at Samsung's video camera business in Suwon, South Korea, used in a Bloomberg story to describe Samsung's chairman, Lee Kun Hee:
Workers were told to park behind the plant because their ugly cars would offend the leader’s eyes. Mints were placed in bathrooms lest anyone’s breath smell of kimchi. Guards lined the road to greet his limo and a long, red carpet was rolled out. Everyone was reminded not to gaze down from the windows.
According to the Bloomberg Billionaire's Index, Lee Kun Hee is Korea's richest man, currently having a net worth of $11.6 billion.
Yet Samsung may have to rely on someone with less of a G0d-like status to lead the company in the near future. The incumbent 72-year-old chairman has been hospitalized since having a heart attack in May. Samsung's heir apparent is Lee's only son, Lee Jae Yong.
The 46-year-old vice chairman Yong is more low-key than his father. So much so, that he has never even given a formal interview to the media.
But he may be the right heir to the throne — he's approachable and tri-lingual, and he built a relationship with Apple founder Steve Jobs that helped allow Samsung to supply components to Apple devices.
Unlikely as it may seem, commercial drones will soon begin taking on much larger roles for businesses and some individual consumers. The aerial devices will have an impact across a wide variety of industries — from revolutionizing private security, to upending the way online retail orders are delivered, to changing the way farmers manage their crops.
In a recent report from BI Intelligence, we size the commercial and military drone market to estimate how big the drone industry could become, and which industries are most likely to see drones become part of their business model in the next few years. We also look at what components industries, like GPS and sensors manufacturers, will be part of the drone revolution. And we assess how drone development will proceed in light of stiff safety and privacy concerns and regulatory hurdles.
Here are some of the issues and opportunities that will impact how the drone industry develops:
- American regulators plan to phase in commercial drone flights beginning in 2015, starting with limited flights of small drones weighing 55 pounds or less.
- Retail and e-commerce — along with the related logistics and shipping industries — arguably have the most at stake in the wide deployment of civilian and commercial unmanned aerial vehicles, or UAVs. Drones might be the missing link in the shipping chain that allows for nearly immediate e-commerce deliveries.
- Other major industries that could be transformed by drones include security and surveillance, disaster recovery, logistics, photography and journalism, and farming. In the report, we detail how each of these industries might be impacted by drones and where drone activity in these fields has advanced already.
- Currently, military applications dominate the global UAV market, but commercial applications will quickly ramp up over the next 10 years, particularly after 2020.
- Privacy and safety concerns still pose the risk of chilling commercial drone flights in many markets, but if UAVs are rolled out gradually, we believe the benefits of drone-powered commercial applications, such as environmental monitoring and shipping, will ultimately win public opinion over.
In full, the report:
- Outlines the state of drones in terms of FAA regulations and explains when the regulatory agency expects to begin allowing commercial drones to fly.
- Sizes the market for drones and how much spending will go towards drones over the next 10 years.
- Discusses which industries are most likely to embrace drones and how drones could change the way these businesses function.
- Identifies the key manufacturers that will be working to upgrade their parts and technology to make them suitable for drones.
- Underscores the steep safety and privacy concerns facing commercial drones.
To access BI Intelligence's full report on Drones, along with BI Intelligence's in-depth coverage of the mobile, digital media, e-commerce, and payments industries, sign up for a free trial subscription here.
Good morning! Here's what's happening in tech.
- Apple is expected to launch its iWatch on September 9. In fact, Apple may be about to unveil a slew of new products.
- Samsung just announced its new smart watch, the Samsung Gear S. It has a curved display and lets you see notifications and messages on your wrist.
- Samsung also announced another new product, the Gear Circle. It's a necklace that clasps around a user's neck and, when paired with a Samsung phone, it can let the wearer listen to music, take calls and give voice commands.
- With an IPO right around the corner, the founder of e-commerce platform Alibaba, Jack Ma, just became China's richest person. He's worth $21.8 billion.
- LG has released details about and pictures of its new smart watch, the G Watch R. The dust- and water-resistant device comes with a handful of sensors, such as a gyroscope and accelerometer for sensing motion, a barometer, and a heart rate monitor.
- The iPhone 6 is expected to be available in silver, gray and gold, according to new leaked photos.
- The Verge's lead editor Nilay Patel is pretty angry at parody Twitter account, @SavedYouAClick, which answers click-bait headlines in its tweets. "It is bulls---- because [the account] didn't save anyone a click at all — it stole an experience," Patel raged after @SavedYouAClick scooped one of The Verge's 5,000-word features.
- Instagram showed the guts of its latest app, Hyperlapse, and the technology that makes quick time lapse videos possible. It revealed its stabilization algorithm and other issues encountered while building the app.
- Twitter now shows you exactly how many people see your tweets. It has opened up its analytics and dashboard to all users. To view yours, just log in to your Twitter account and go to: http://analytics.twitter.com/.
- There's a good Q&A with top venture capitalist, Bill Gurley of Benchmark. Gurley and his team have put early money into Twitter, Yelp, GrubHub Snapchat, OpenTable and Uber. In it, Gurley shares what his favorite startup trends are right now and what his investment motto is.
Early reports of an Apple smartwatch sent the tech world into a frenzy yesterday, with LG and Samsung both appearing to have rushed out announcements of their own devices before the day was out.
The day began with a report in Re/code from John Paczkowski which claimed the rumored Apple smartwatch will arrive with the new iPhone on Sept. 9. It had previously been thought that the new device would arrive separately to the iPhone 6, possibly in its own launch event in October.
With the sudden news that the Apple smartwatch could be arriving within weeks, rival manufacturers scrambled to make their own announcements.
LG had been expected to launch new products at the IFA consumer electronics trade show in Berlin, but it seems that it may have changed its plans after news of the imminent arrival of the iWatch. A teaser video hinting at LG's new device was released last week, and it confirmed the company's plans to announce its smartwatch at the IFA trade fair.
But after news of the iWatch's arrival broke, LG sent out press releases detailing the full specifications of its smartwatch, the LG G Watch R. The watch features a circular screen, gyroscope, barometer, and heart rate monitor. It will run on Google's new Android Wear software.
After seeing its rival LG announce an attractive smartwatch, Samsung decided to weigh in too, bringing forward its own IFA announcement. Samsung had been expected to launch its newest smartphone at the IFA trade fair next week as part of a large press event taking place in Berlin, Beijing and New York. The event had been expected to feature the announcement of both the new smartwatch and the new Samsung Galaxy Note 4.
Instead of waiting for its press event, Samsung announced the new Samsung Gear S watch at 10 p.m. EST, hours after LG's announcement. The device features a larger screen than the previous four smartwatches announced by Samsung this year, as well as 3G connectivity. Samsung also announced a companion product for the Gear S, the Gear Circle, earphones that transform into a vibrating necklace when not in use.
LG and Samsung have been rivals for nearly 50 years, with the two South Korean tech giants clashing over patents and claims of spying. After the early news that Apple may be bringing forward its smartwatch launch, both companies have apparently rushed to announce their own smartwatches.
It looks like Apple will launch its new iPhone 6 in three colors: silver, gray and gold. (Or silver, black and gold depending on your interpretation of Apple's color scheme.) Photos of component parts for the new iPhone leaked onto the French web site Nowhere Else.
We can't confirm whether the photos are true, but 9to5Mac thought they were newsworthy also.
The color scheme is not a huge surprise, because the iPhone 5S came in silver, gray and gold, too.
What Apple fans will be rejoicing over, however, is confirmation that there will be a gold iPhone 6.
By far the most interesting part of the previous iPhone launch was the handling of the gold iPhone 5S. It sold out quickly in Asia, and supply of the phone was limited in the West for a long time. Two rumors cropped up to explain this: Either Apple had misjudged just how popular a gold phone would be in Asia, or it deliberately undersupplied the market in order to enjoy all the media buzz created around the idea that the gold iPhone was the one everyone wanted but couldn't get. (Normal supply of gold iPhones was resumed a few weeks after its launch, and it later emerged that gold wasn't especially popular.)
Here's some of the imagery running on Nowhere Else right now.
It shows iPhone 6 SIM trays, home buttons, speakers and vibrator motors in the three colors:
Here's another angle:
Twitter has released its Twitter analytics dashboard to all users, and it's completely awesome. (Here's Twitter's official guide on how it works.)
It's also dead simple to use.
Log in to your Twitter account and go to:
A dashboard will then display the "performance" of all your recent tweets.
There is a sense on Twitter that because your Home timeline feed is moving so fast, tweets have a "life" of just a few minutes and hardly anyone sees them unless you're lucky enough to get retweeted by a very famous person.
Sometimes, tweeting is like gazing into the abyss, as Nietzsche may have said. With Twitter Analytics, you can now find out whether the abyss is retweeting you.
Here's a look at my dashboard.
About 232,000 people saw my tweets in the past four weeks — not bad!
This tweet was one of my biggest hits:
The tweet featured a link to a story about a young man who had been barred from Google's AdSense program. About 8,000 people saw it, and 162 "engaged" with it (by retweeting or favoriting) giving me an engagement rate of 2%. Two percent is actually pretty high for engagement on Twitter, it turns out.
Here's a tweet that wasn't so successful:
People don't like archly knowing references to unicorns in tweets about adtech companies like AppNexus that raise new investment funding, it seems. It had precisely zero engagement from my 6,000 followers.
If you really want a high level of engagement on Twitter — nearly 4% in this case — here is what you have to do.
Make fun of Americans who don't know who Kate Bush is:
That tweet was a reference to this story about people videoing the "Wuthering Heights" singer at her first concert in 35 years and the fact that my younger American colleagues have no clue who Bush is.
The point here, of course, is not that making fun of Americans who don't recognize Kate Bush is the way to go on Twitter. Really, it's about finding out the real reasons that your followers find you interesting, and how that compares with your perception of yourself.
And that is why Twitter Analytics is so compelling: It's like seeing yourself in a brutal social media vanity mirror. Sometimes hideous, sometimes not so bad ... but you cannot look away.
Disclosure: The author owns Twitter stock.
After unveiling its Samsung Gear S smartwatch late last night, Samsung had one more thing to show us: earphones that join together to form a necklace that vibrates when someone calls you.
The Samsung Gear Circle can be paired with a smartphone to receive calls and listen to music, similar to existing high-end earphones and headsets. But one thing that is new about the headset is its magnetic locking system, which turns the earphones into a vibrating necklace when they're not in use.
The headphones are available in three colors: Black, blue and white
Pairing the Gear Circle to a smarpthone via Bluetooth will allow you to give voice commands and take calls using the headphones, which fit around your neck as a necklace when not in use.
The headphones turn into a necklace when not in use
While there's no word yet on the device's availability in the U.S., Samsung has announced that the Gear Circle will begin rolling out in international markets in October. Pricing details have yet to be announced.
After posting a teaser video earlier this week, LG has taken the wraps off its next Google-powered smartwatch, the G Watch R.
Unlike the standard G Watch, the G Watch R features a round face — similar to that of Motorola's Moto 360 smartwatch, which also runs on Google's Android Wear software. LG notes, however, that its smartwatch utilizes the entire display. Motorola's Moto 360 cuts off ever so slightly at the bottom.
The G Watch R seems like it will be just as much of a fitness device as it is a wristwatch. The dust- and water-resistant watch also comes with a handful of sensors, such as a gyroscope and accelerometer for sensing motion, a barometer for detecting temperature, and a heart rate monitor. LG points out that it will also come with LG's own apps in addition to Google's.
Android Wear is Google's new software optimized for smartwatches. The search engine giant officially announced the platform back in March, and since then we've seen watches from Samsung, LG, and Motorola entering the market. Android Wear is designed to act similarly to Google Now, but on your wrist. It's supposed to provide contextual, relevant information at a glance.
The G Watch R will debut in "key markets" in the fourth quarter of 2014, and pricing has yet to be announced.
Anita Sarkeesian was forced to leave her home and stay with friends after she recieved an outpouring of violent threats over Twitter.
Sarkeesian is a a media critic and the creator of Feminist Frequency, a video web series that explores how women are portrayed in pop culture.
Lately she's been digging into the appallingly sexist world of video games. She just posted a video that showed how many video games treat woman as sexual playthings and "the perpetual victims of male violence," as the video is described.
Whenever someone (particularly a woman) criticizes the way women are portrayed or treated in the gaming industry, that person is almost certainly guaranteed to be subjected to threats of violence.
We've heard a lot of horrifying stories like this with Sarkeesian's among the worst. After the video was posted she tweeted:
Some very scary threats have just been made against me and my family. Contacting authorities now.— Feminist Frequency (@femfreq) August 27, 2014
Then tweeted she was leaving her home:
I’m safe. Authorities have been notified. Staying with friends tonight. I’m not giving up. But this harassment of women in tech must stop!— Feminist Frequency (@femfreq) August 27, 2014
Today she added:
In my work I witness so many women being harassed. I know how hard it is to watch & how helpless it can feel. Thank you all for your support— Feminist Frequency (@femfreq) August 27, 2014
And here's the most horrifying part. She also shared the specific list of threats being tweeted at her (warning: it's very graphic). They are so appalling that we won't run them on Business Insider. What we will say is that a person threatened to rape, mutilate, and "drink her blood."
She also shared an anonymous message from someone who emailed her via her website, calling her obscene names.
All because she's pointing out that the video game industry is poorly representing half the population (a half who likes to buy video games).
As The Journal reported, this stuff was so bad, famed Hollywood writer, director and producer Joss Whedon came to her defense on Twitter for both the documentary series and the scary tweets. (His credits include "The Avengers," "Buffy the Vampire Slayer," and "Toy Story.")
I watched a bunch of women get sliced up in video games and now I'm watching it on my twitter feed. @femfreq is just truth-telling. Deal.— Joss Whedon (@josswhedon) August 27, 2014
The situation is going viral on Twitter right now.
This isn't the first time. In 2013, GameSpot’s Carolyn Petit wrote a mostly glowing review of "Grand Theft Auto V," but threw in one critique that the game glorified "male sexuality while demeaning women." The comments exploded attacking Petit. A petition was even signed by tens of thousands to get her fired.
And another person was subjected to similar threats by speaking out against harassment as a woman who organizes conferences events where people wear costumes (known as Cosplay).
Video games are supposed to be fun (and they are). But as Sarkeesian said: This kind of thing has just got to stop.
We reached out to Twitter and Sarkeesian for comment and will update when we hear back.
Harvard University is one of the most prestigious and well-known schools in the world.
Not surprisingly, Harvard has produced some of today’s most successful tech entrepreneurs. From social media to smartphones, Harvard grads (and dropouts) are everywhere in today’s tech landscape.
We put together some of the top tech rock stars who went to Harvard, and the list is quite remarkable.
Gates is the cofounder and former chairman of Microsoft.
He got into Harvard in 1973, and majored in applied mathematics, before deciding to drop out in 1975. That year, he started Microsoft with cofounder Paul Allen.
In 2007, he was able to earn an honorary degree from Harvard, when he delivered the school’s commencement speech.
Gates has been the richest man in the world for 15 out of the last 20 years according to Forbes. He has an estimated net worth of $80.6 billion.
Graham is one of the most prominent computer programmers/tech investors in the world. He earned his master’s (1988) and doctorate (1990) in philosophy at Harvard.
In 1995, he founded Viaweb, the first software as a service company that allows you to build online stores, and sold it to Yahoo in 1998 for roughly $49 million.
He went on to start Y Combinator in 2005, which has become one of the earliest and biggest startup incubators in the world. So far, Y Combinator has invested in more than 450 startups, including Dropbox, Airbnb, Stripe, and Justin.tv (which later became Twitch).
Hsieh is best known for his role as CEO of Zappos, the online shoe and clothing store.
After earning his computer science degree at Harvard, Hsieh got a job at Oracle. But only after five months, he quit his job and launched his own ad network startup called LinkExchange.
Hsieh had originally made an early investment in Zappos through his own investment firm, Venture Frogs. But two months after the investment, he became CEO of Zappos.
Amazon acquired Zappos in 2009 for $1.2 billion.
See the rest of the story at Business Insider
Jack Ma, founder and chairman of e-commerce behemoth Alibaba, is China's richest person, according to a Bloomberg report.
Ma is worth $21.8 billion, a figure that includes his 7.3% stake in Alibaba and a nearly 50% stake in Alipay, a payment processing service.
To learn more about what Alibaba does, check out these infographics.
In May, Alibaba filed for an IPO in the United States. When that happens, Ma's net worth will undoubtedly skyrocket.
Yahoo, an early investor in Alibaba, has realized the company is growing so quickly that they're holding onto more of their shares to sell them in the future when they will be more valuable.
Alibaba will IPO on the New York Stock Exchange next month. Bloomberg reports that their post-IPO valuation could approach $200 billion.
Given that, Jack Ma could be China's richest person for quite some time.
A gamer using the Twitch video service apparently caught the moment an armed police SWAT team burst through his office door while searching for an active shooter in Littleton, Colorado, on Wednesday.
Officers were conducting a search of office buildings after receiving a phone call about a shooter, but they now suspect the report was false, according to The Denver Channel. As one man found out — a gamer named Jordan Mathewson who plays under the pseudonym "Kootra" — the search may have been the result of a prank known as "Swatting."
"Uh oh, this isn't good," he says in the video, which is on YouTube. "They're clearing rooms. What in the world? I think we're getting swatted."
"Swatting" is a prank often used by cybercriminals to harass a target by reporting nefarious activity like a hostage situation or active shooter at a person's location with the goal of getting a police SWAT team to respond and arrest them. It's not exactly a lighthearted prank, as sending in police officers who think they may encounter an armed suspect can be very dangerous.
At the time, Mathewson was playing the online first-person shooter game "Counter-Strike" and streaming it live as others watched him on Twitch. The video was apparently captured inside the offices of The Creatures LLC, where police officers burst through the door with weapons aimed at him and ordered him to the ground.
He is handcuffed and searched. After finding nothing, officers pick him up and let him sit in a chair while questioning him. Aside from the office building where Mathewson was, schools and other businesses in the Littleton area were placed on lockdown for about 30 minutes, The Denver Channel reported.
Mathewson tweeted after it was all over:
Dag nabbit that was dern sure an experience. I am all Ok though. Thanks for all the supportive tweets everyone— Kootra (@Kootra) August 27, 2014
Here's the video:
1984. It's a year synonymous with George Orwell's novel about a dystopian society ruled by omnipresent government surveillance.
The real 1984 was a far cry from that. While today, we do have scary government surveillance, that's largely thanks to email, social media, smartphones, and cloud computing. Those things didn't exist in 1984.
In fact, 1984 was 10 years before the World Wide Web (commonly called the internet) was born. It was the year Ronald Reagan was re-elected as president; the telephone monopoly Bell System was officially dismantled and AT&T launched; and Mark Zuckerberg, the founder of Facebook, was born.
Apple's famous 1984 Macintosh commercial aired during the Super Bowl ...
Two days later, Steve Jobs officially launched the Macintosh PC.
In 1984, Dell Computer launched. This is what Michael Dell looked like.
See the rest of the story at Business Insider