Hello everyone, here’s this week’s roundup of business, tech and creative news from across the Moving World! Many thanks to all who submitted links!
Bitcoin is gathering a lot of momentum this week, as the virtual currency settles back down to 1BTC = $500 after soaring to heights of over $1000 on the weight of the US senate labelling it ‘legitimate’. This week also saw a US Senator reaching out to Reddit to be educated about the currency, and franchises of large brands starting to accept payment.
All eyes are on Asia, as their uptake is considered monumental in terms of where Bitcoin could go next. BTC China recently closed a $5 million round of funding, and many of the country’s largest websites have announced they are going to start accepting Bitcoin as currency. Even the Winklevoss Twins (of Facebook fame), have jumped on board.
Detractors worry about the surge, showing concern that Bitcoin is being used for illegitimate means, with homeland security naming it an “emerging threat” due to its anonymous nature, connections to Silk Road and other illegal sites, and its use amongst drug dealers, traffickers and fraud perpetrators. On the other hand, governments are bound to cite concern, as this is a currency out of their own domain – the SEC are reportedly looking into the tax implications as stories of individuals cashing in over $12m worth of coins in one transaction emerge.
The bigger the better
Amazon is building all it can in order to keep cloud costs down. This includes building substations, storage, laying fibre channels and servers, servers, servers. This isn’t exclusive to Amazon; Google have invested $80m into renewable energy, and Apple recently spent millions building solar panel and fuel cell farms near its data centre in North Carolina. Even though digital space is infinite, tech companies appear to be creating physical infrastructure to support their size in a cost effective way. It also shows a financial diversification as technology companies become utility providers in more than just the technological space.
Lets just hope all of those many panels are facing the right way, as news emerges that half of the world’s solar panels are not. Panels in the northern hemisphere should actually face south, rather than straight up towards the sky.
To thine own selfie be true
And the Oxford Dictionaries Word of the Year is… selfie! And with a shortlist of words such as twerk (year of the Miley), binge watch (year of the Breaking Bad) and shmeat (year of the test tube burger) – who can blame them? The Oxford English Dictionary have researched a history of the word, tracing the first online usage back to 2002 and highlighting nuggets of informative gold such as; “the -ie suffix helps to turn an essentially narcissistic enterprise into something rather more endearing”. I’ll try to remember that next time I’m subjected to a Kardashian’s pouting face…
(Link and fantastic story title thanks to Matt)
You may have missed
LGs TV’s are caught sending user data back to LG, even when the option is turned off
Fascinating talk from 2005 by a 21 year old Zuckerberg, talking about ‘The Facebook’ and his interests in people and data.
How much money do the top technology companies make per second?
Sony sells over 1 million PlayStation 4 consoles in just 24 hours
Soylent.. the food substitute of the future?
Apple are reportedly acquiring the company behind Microsoft’s Kinect sensor
Anonymous Hacktivist Jeremy Hammond is sentenced to 10 Years in Prison
Google+ backlash is now too big to ignore
Emirates makes huge new $100bn deal with Airbus to deliver 100+ new airliners
Bloc Party’s Kele Okereke to release 3D-printed record for charity (Link thanks to @iamghettosmurf)
London is the first city to get its own TLD – .london
How should we deal with data after death?
Microsoft releases 3D printing app for Windows
Has the self-driving car at last arrived?
Goodbye my lover, goodbye my friend… 10 brands that will disappear in 2014.
Twitter launches emergency service push notification alerts
Off road vehicles have never been sexier (Link thanks to Jimmy)
This real life Messi is a little bit ARGH
An interactive (and actually super awesome) music video for Bob Dylan’s Like a Rolling Stone
Adobe’s leaked passwords have been reincarnated as a fun crossword game for all the family