Kyt Dotson
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New life for old computers: Makers of Raspberry Pi release PC operating system
Makers of the tiny Linux-based computer Raspberry Pi just released their own brand of operating system for the PC and Mac, potentially making older computers useful again. It’s based on PIXEL, a desktop environment and OS designed to run on Raspberry Pi hardware, which is a cheap $35 microcomputer platform, and it was launched in ...
Factom announces speedier, more secure version of its blockchain platform
Blockchain platform Factom Foundation Inc., maintainer of the Factom blockchain network and protocol, today announced the second major revision to its software that will vastly speed up transactions and confirmations. The Factom Federation network represents the next generation of the Factom blockchain, a peer-to-peer distributed ledger that is cryptographically secured. With Factom, users can submit pieces ...
Wyre uses blockchain to speed cross-border bank transfers
San Francisco-based blockchain technology startup Wyre Inc. wants to use the distributed ledger technology to allow cross-border bank payments in as little as an hour. The San Francisco-based company announced the plans Thursday along with news that it has raised $5.8 million in Series A funding to vastly speed up money transfers, which currently take two ...
In first trial, Amazon delivers package by drone in England in 13 minutes
Fulfilling a science fiction-like promise, Amazon.com Inc.’s drone division recently completed a delivery to a customer in Cambridge, England, within 13 minutes. The first delivery by a Amazon Prime Air drone (left) took place on Dec. 7, dropping off a bag of popcorn and a Fire TV streaming device. Amazon had announced in July that it would ...
IBM pushes to expand its blockchain ecosystem based on HyperLedger
Hoping to transform how industries conduct business transactions, IBM Corp. has announced the development of a new ecosystem based on blockchain technology. To do this, the company will give developers, startups and enterprise participants training and support to build for the Linux Foundation Hyperledger Fabric v1.0 and the IBM Blockchain platform. The HyperLedger project is ...
Vesper raises $15M to bring always-on microphones to the Internet of Things
Vesper Technologies, Inc. said today it has closed a $15 million Series A funding round to advance its tiny microphones for use in almost any device. The company builds extremely durable microphones that can run on very low power, allowing them to continue listening for longer at practically zero power drain. This round was led by ...
Major bitcoin wallet Circle backs out of currency buying and selling
Circle Internet Financial Ltd., which maintains a bitcoin wallet and merchant services, said today it will cease allowing customers to buy and sell bitcoins. This change shows a shift in the company’s approach to the bitcoin marketplace away from bitcoin as a customer-held currency to an invisible back-end for sending money across borders. As a virtual ...
Industrial augmented reality firm Osterhout Design Group raises $58M
Osterhout Design Group, a maker of powerful, augmented reality smart glasses (left) for industrial and enterprise use, this week announced it has closed a sizable $58 million round of funding. The company plans to use the Series A round to grow its portfolio of AR products and intends to present those plans at upcoming technology ...
Companies step up migration to Amazon Web Services cloud
The Amazon Web Services cloud is attracting more companies that want to move a lot of their computing tasks into the cloud, with small business accounting software company Xero Limited and shipping network company Matson Inc. announcing migrations this week. AWS provides cloud-based computing and storage solutions to companies seeking scalability and security on demand. Companies with ...
Polish e-money blockchain firm Billion Group raises $2M
Poland-based e-money services company Billion Group announced a successful first round of funding representing a total of $2 million. Billion’s vision is to provide electronic access to money and digital currency in a manner similar to a bank. To do this, Billion created a platform using distributed ledger technology, called a blockchain, to provide a suite ...
