Opera

Chinese Tech Group Offers To Buy Opera; Board Endorses 90

jones_supa writes: There's been plenty of speculation around the future of web browser maker Opera, and now that looks like it will soon be resolved. Today the Norway-headquartered company confirmed that it has received a $1.2 billion acquisition offer from a group fronted by Chinese consumer tech companies Kunlun Tech and Qihoo 360. The deal is for 100% of the company, and it represents a 53% premium on the company's valuation based on its most recent trading price. Opera's board said in a statement (PDF) that it has "unanimously decided to recommend" its shareholders to accept the bid. The final deal is subject to government and shareholders' approvals.
Advertising

Why Stack Overflow Doesn't Care About Ad Blockers 184

Press2ToContinue writes: Forging a bold step in the right direction, Stack Overflow announced today that they don't care if you use an ad blocker when you visit their site. "The truth is: we don't care if our users use ad blockers on Stack Overflow. More accurately: we hope that they won't, but we understand that some people just don't like ads. Our belief is that if someone doesn't like them, and they won't click on them, any impressions served to them will only annoy them-- plus, serving ads to people who won't click on them harms campaign performance. ... Publishers can't win by forcing ads — especially low-quality ads — in people's faces. Think scantily-clad women selling flight deals, weight-loss supplement promos or wacky waving inflatable arm-flailing tube-men promoting car dealerships." It's possible that this declaration by SO might help to clarify to advertisers that it is the overabundance of low quality ads that practically force the public to seek out ad blockers. But seriously, what is the likelihood of that?
Businesses

How the Cloud Has Changed (Since Last You Looked) 83

snydeq writes: InfoWorld's Peter Wayner takes a look at the new services and pricing models that are making cloud computing more powerful, complex, and cheaper than it was a few short years ago. 'We get more, but using it isn't always as simple as it could be. Sure, you still end up on root on some box that's probably running Linux, but getting the right performance out of that machine is more complex,' Wayner writes. "But the real fun comes when you try to figure out how to pay for your planned cloud deployment because there are more options than ever. ... In some cases, the cost engineering can be more complex than the software engineering."
Businesses

Sen. Blumenthal Demands Lifting of IT 'Gag' Order (computerworld.com) 213

dcblogs writes: U.S. Sen. Richard Blumenthal (D-Conn.) is asking the U.S. Department of Justice to investigate the layoff and replacement of IT workers by foreign workers at a state energy utility. But he is also demanding that the utility, Eversource Energy, drop a particularly restrictive non-disparagement clause that laid off employees had to sign to receive their severance. This clause bars discussion "that would tend to disparage or discredit" the utility. [emphasis added] He wants the employees, who had to train foreign replacements, to be able to state "honestly what happened to them."
Businesses

The Hyperloop Industrial Complex 216

Jason Koebler writes: Two and a half years after Elon Musk pitched the technology, actually traveling on a hyperloop is still theoretical, but its effect on business is not. There is a very real, bonafide industry of people whose job description is, broadly speaking "make the hyperloop into a tangible thing." The SpaceX Hyperloop Pod Design Weekend at Texas A&M University earlier this weekend was the coming out party for people in that industry.
Facebook

Why Facebook Really Shut Down Parse (medium.com) 39

New submitter isisilik writes: For those working in the 'aaS' business the Parse shutdown was the main topic of conversation this weekend. So why did Facebook decide to shut down their developer platform? The author claims that Facebook never wanted to host apps to begin with, they just wanted developers to use Facebook login. And he builds up a good case.
The Internet

India Blocks Facebook's Free Basics Internet Service (thestack.com) 131

An anonymous reader writes: India's leading telecom regulator, TRAI (Telecom Regulatory Authority of India), has today voted against differential pricing, ruling with immediate effect that all data prices must be equal, and that companies cannot offer cheaper rates than others for certain content. The call is a significant blow to Facebook's Free Basics (previously Internet.org) initiative and Airtel Zero – projects which work to make internet access more accessible by providing a free range of "basic" services. The watchdog confirmed that providers would no longer be able to charge for data based on discriminatory tariffs but instead that pricing must be "content agnostic." It added that fines of Rs. 50,000 – 50 Lakh would be enforced should the regulations be violated.
Advertising

Adblock Plus Maker Seeks Deal With Ad Industry Players (yahoo.com) 354

An anonymous reader writes with Yahoo's report that the makers of Adblock Plus are "looking to reach out to advertisers and identify an 'acceptable' level and form of advertising on the net." That involves convincing advertisers to conform to the company's own guidelines for advertising, or an alternative path much disliked by some of the software's users — to pay the company to ignore ads that don't meet those guidelines. From the article: Big websites can pay a fee not to be blocked. And it is these proceeds that finance the Cologne-based company and its 49-strong workforce. While Google and Amazon have paid up, others refuse. Axel Springer, which publishers Germany's best-selling daily Bild, accuses [Adblock Plus maker] Eyeo of racketeering. "We believe Eyeo's business model is against the law," a spokesman for Springer told AFP. "Clearly, Eyeo's primary aim is to get its hands on a share of the advertising revenues." Ultimately, such practices posed a threat to the professional journalism on the web, he suggested, an argument Eyeo rejects.
Businesses

Startup Uses Sensor Networks To Debug Science Experiments (xconomy.com) 25

gthuang88 writes: Environmental factors like temperature, humidity, or lighting often derail life science experiments. Now Elemental Machines, a startup from the founders of Misfit Wearables, is trying to help scientists debug experiments using distributed sensors and machine-learning software to detect anomalies. The product is in beta testing with academic labs and biotech companies. The goal is to help speed up things like biology research and drug development. Wiring up experiments is part of a broader effort to create "smart labs" that automate some of the scientific process.
Businesses

GitHub Is Undergoing a Full-Blown Overhaul As Execs and Employees Depart (businessinsider.com) 272

mattydread23 writes: This is what happens when hot startups grow up. [GitHub] CEO Chris Wanstrath is imposing management structure where there wasn't much before, and execs are departing, partly because the company is cracking down on remote work. It's a lot like Facebook in 2009. Business Insider has the full inside story based on multiple sources in and close to the company.
Verizon

Verizon's Mobile Video Won't Count Against Data Caps -- but Netflix Will (arstechnica.com) 106

Earthquake Retrofit writes: Ars Technica has a story about how Verizon Wireless is testing the limits of the Federal Communications Commission's net neutrality rules; Verizon has announced that it will exempt its own video service from mobile data caps—while counting data from competitors such as YouTube and Netflix against customers' caps.
AI

Financial Advisers Disrupted By AI (bloomberg.com) 71

schwit1 writes: Banks are watching wealthy clients flirt with robo-advisers, and that's one reason the lenders are racing to release their own versions of the automated investing technology this year, according to a consultant. Robo-advisers, which use computer programs to provide investment advice online, typically charge less than half the fees of traditional brokerages, which cost at least 1 percent of assets under management.
Education

K-12 CS Framework Draft: Kids Taught To 'Protect Original Ideas' In Early Grades 132

theodp writes: Remember that Code.org and ACM-bankrolled K-12 Computer Science Education Framework that Microsoft, Google, Apple, and others were working on? Well, a draft of the framework was made available for review on Feb. 3rd, coincidentally just 3 business days after U.S. President Barack Obama and Microsoft President Brad Smith teamed up to announce the $4+ billion Computer Science for All initiative for the nation's K-12 students. "Computationally literate citizens have the responsibility to learn about, recognize, and address the personal, ethical, social, economic, and cultural contexts in which they operate," explains the section on Fostering an Inclusive Computing Culture, one of seven listed 'Core K-12 CS Practices'. "Participating in an inclusive computing culture encompasses the following: building and collaborating with diverse computational teams, involving diverse users in the design process, considering the implication of design choices on the widest set of end users, accounting for the safety and security of diverse end users, and fostering inclusive identities of computer scientists." Hey, do as they say, not as they do! Also included in the 10-page draft (pdf) is a section on Law and Ethics, which begins: "In early grades, students differentiate between responsible and irresponsible computing behaviors. Students learn that responsible behaviors can help individuals while irresponsible behaviors can hurt individuals. They examine legal and ethical considerations for obtaining and sharing information and apply those behaviors to protect original ideas."
Security

Anti-Malware Maker Files Lawsuit Over Bad Review (csoonline.com) 162

itwbennett writes: In a lawsuit filed January 8, 2016, Enigma Software, maker of anti-malware software SpyHunter, accuses self-help portal Bleeping Computer of making 'false, disparaging, and defamatory statements.' At issue: a bad review posted by a user in September, 2014. The lawsuit also accuses Bleeping Computer of profiting from driving traffic to competitor Malwarebytes via affiliate links: 'Bleeping has a direct financial interest in driving traffic and sales to Malwarebytes and driving traffic and sales away from ESG.' Perhaps not helping matters, one of the first donations to a fund set up by Bleeping Computer to help with legal costs came from Malwarebytes.
Facebook

Facebook Celebrates Turning 12 Today (cnbc.com) 153

12 years ago today, Mark Zuckerberg launched Facebook, and since then the site has grown at a nearly unbelievable pace. Now, with about 1.6 billion monthly active users, Facebook makes an average of $3.73 in revenue per user worldwide. And as the company continues to grow, engagement is only getting higher. According to an analysis by CNBC, users spend an aggregate of 10.5 billion minutes per day on the social media platform -- that's around $3.5 trillion in squandered productivity, by their estimate. Facebook is celebrating its birthday by marking today "Friends Day" and adding personalized videos to each user's account showing their best moments with friends, or at least what Facebook's algorithms think are the best moments. (Users can opt to share the video or keep it private.) The company's also announced an updated degrees-of-separation metric to make it easier to connect with other users.
The Internet

Cisco To Acquire IoT Company Jasper For $1.4 Billion (thestack.com) 25

An anonymous reader writes: Cisco has announced its intention to spend $1.4 billion purchasing startup Jasper Technologies, Inc. which specialises in IoT connectivity. It's the most significant acquisition the tech multinational has made since its purchase of Wi-Fi manufacturer Meraki in 2012. In 2015 Cisco also acquired OpenDNS for $635 million, and with the Jasper acquisition seems committed to securing a major foothold in IoT infrastructure over the next five years.
Businesses

Elon Musk Cancels Stewart Alsop's Tesla Order Over Complaints About Launch Event 339

New submitter umafuckit writes: Blogger Stewart Alsop wrote an open letter to Elon Musk following a supposedly badly run launch event for the Model X. Alsop complained that the event started almost 2 hours late and was unable to test drive the car (for which has put down a deposit). In response, Musk cancelled Alsop's pre-order saying "Must be a slow news day if denying service to a super rude customer gets this much attention." Alsop, who is known not just for his prolific blogging but for his role as a founding partner at VC firm Alsop Louie Partners, compares his treatment by Tesla to that of BMW, about which he's also said some unflattering things as a customer.
Businesses

Open Source Pioneer Michael Tiemann On the Myth of the Average 127

StewBeans writes: In a recent article, Michael Tiemann, one of the world's first open source entrepreneurs and VP of Open Source Affairs at Red Hat, highlights an example from the 1950s US Air Force where the "myth of the average resulted in a generation of planes that almost no pilots could reliably fly, and which killed as many as 17 pilots in a single day." He uses this example to argue that IT leaders who think that playing it safe means being as average as possible in order to avoid risks (i.e. "Buy what others are buying. Deploy what others are deploying. Manage what others are managing.") may be making IT procurement and strategy decisions based on flawed data. Instead, Tiemann says that IT leaders should understand elements of differentiation that are most valuable, and then adopt the standards that exploit them. "Don't aim for average: it may not exist. Aim for optimal, and use the power of open source to achieve what uniquely benefits your organization."
Yahoo!

Yahoo To Fire Another 15% As Mayer Attempts To Hang On (theguardian.com) 217

New submitter xxxJonBoyxxx writes: Yahoo chief executive Marissa Mayer has announced plans to cut the company's workforce by 15% and close five foreign offices by the end of 2016 after announcing a $4.4bn loss. Yahoo shares have fallen 33% over the past year, including a 17% drop in the last three months. Its shares fell again in after-hours trading after Mayer announced her plan. Yahoo expects its workforce to be down to 9,000 and have fewer than 1,000 contractors by end of 2016. About a third of Yahoo's workforce has left either voluntarily or involuntarily over the last year. And the cuts may just be starting: one activist investor (SpringOwl) says the total number of employees should be closer to 3,000 for a company with its revenue.
Microsoft

Microsoft To Acquire SwiftKey Predictive Keyboard Technology Company For $250M (hothardware.com) 118

MojoKid writes: SwiftKey has been one of the more popular predictive keyboard offerings in the mobile space since it was first released in beta form on the Android market back in 2010. What made SwiftKey so appealing was its intelligent predictive texting technology. SwiftKey isn't a simple keyboard replacement. Rather, the software uses a combination of artificial intelligence technologies that give it the ability to learn usage patterns and predict the next word the user most likely intends to type. SwiftKey refines its predictions, learning over time by analyzing data from SMS, Facebook, and Twitter messages, then offering predictions based on the text being entered at the time. It is estimated that SwiftKey is installed on upwards of 500 million mobile devices. According to reports, Microsoft is apparently buying the UK-based company for a cool $250 Million. What Microsoft intends to do with SwiftKey is not clear just yet, but the company has been purchasing mobile apps at a good clip as of late.

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