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U.S. jury awards Apple $290 million in retrial against Samsung

U.S. jury awards Apple $290 million in retrial against Samsung

SAN JOSE, California (Reuters) – A U.S. jury awarded Apple Inc about $290 million in a damages retrial against Samsung Electronics Co Ltd, restoring a large chunk of a historic verdict the iPhone maker won last year. After a week long trial, the jury deliberated for nearly two days before reaching a decision on Thursday in a San Jose, California…read more →

John McAfee sells a $100 gadget that blocks NSA

John McAfee sells a $100 gadget that blocks NSA

Part-time fugitive and antivirus software founder John McAfee has a new invention he’s working on. After spending some of his time filming a drug-fueled video tutorial to uninstall the antivirus program he helped create, McAfee now believes he can outsmart the NSA. Speaking at the San Jose McEnery Convention Center on Saturday, McAfee unveiled his grand plan to create a “D-Central”…read more →

Apple Passes Coca-Cola as Most Valuable Brand

Apple Passes Coca-Cola as Most Valuable Brand

APPLE is the new most valuable brand in the world, according to a closely followed annual report. The report, to be released on Monday, is from Interbrand, a corporate identity and brand consulting company owned by the Omnicom Group that has been compiling what it calls the Best Global Brands report since 2000. The previous No. 1 brand, Coca-Cola, fell…read more →

PayPal acquires Braintree for $800 million

PayPal acquires Braintree for $800 million

PayPal agreed to pay about $800 million in cash for Braintree, a Chicago-based start-up that was founded in 2007 and has about 4,000 merchants using its service. Braintree’s platform helps process payments for start-ups such as Airbnb, TaskRabbit and Uber. Braintree, headed by Bill Ready, also owns Venmo, which lets users pay each other for free through a mobile app….read more →

Deep Learning Uganda

Deep Learning Uganda

Building a Brain There have been many competing approaches to those challenges. One has been to feed computers with information and rules about the world, which required programmers to laboriously write software that is familiar with the attributes of, say, an edge or a sound. That took lots of time and still left the systems unable to deal with ambiguous…read more →

Paris Apple Store robbed of more than $1 million in goods

Paris Apple Store robbed of more than $1 million in goods

Armed thieves forced their way into the store through an employee entrance as a janitor was leaving for the night. Armed robbers broke into the Apple Store in Paris on New Year’s Eve and made off with more than a million dollars’ worth of merchandise, according to reports. Masked suspects wielding handguns forced their way into the store through an…read more →

Moon to become next hot vacation destination

Moon to become next hot vacation destination

Golden Spike, a company full of ex-NASA people, announces ambitious plans to launch commercial spaceflights to the moon by 2020 I feel sorry for all those suckers who blew $20 million and only got a lousy trip to the International Space Station. If they had held out, they might have had an opportunity to invest many more millions on a…read more →

Another Apple touch-screen patent in trouble

Another Apple touch-screen patent in trouble

One of Apple’s broad patents covering touch-screen technology is under fire by the U.S. Patent and Trademark Office, following a re-examination. The USPTO ruled this week that all 20 claims included in the patent are invalid, according to a filing spotted by blog Foss Patents. The decision, which was handed down Monday, is not final. It’s the second such Apple…read more →

Illegal file-sharer gets slapped with $1.5 million in damages

Illegal file-sharer gets slapped with $1.5 million in damages

The damages award against illegal file-sharer Kywan Fisher will most likely send him to the poor house. Illinois federal court Judge John Lee ordered Fisher to fork out $1.5 million to adult entertainment company Flava Works this week, according to TorrentFreak. Flava Works sued Fisher for sharing 10 movies he’d previously paid for via BitTorrent. The damages award amount was reached…read more →

In 10 years, folks will share 1,000 times

In 10 years, folks will share 1,000 times

PALO ALTO, Calif. — Facebook CEO and co-founder addressed an adoring crowd at Y Combinator’s startup school today, speaking confidently about Facebook and describing a world in which people will share a whole lot more than they do now — via Facebook and other social companies. “It’s sort of a social-networking version of Moore’s Law,” said Zuckerberg, who was interviewed by Y…read more →

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