SoftwareEngineerNews

Facebook Considering Currency-Backed Stablecoins For Libra

Following the departure of several major backers of Facebook’s Libra cryptocurrency, Reuters is reporting the social media giant is considering a compromise. Initially, Facebook proposed a synthetic unit for the cryptocurrency. The company’s efforts have been met with widespread suspicion and criticism from governments around the world. In what is no doubt an effort to …

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Eyes 5G Edge Computing Leadership

Intel announced it has acquired the Smart Edge platform from Pivot Technology Solutions, Inc., a “cloud-native, scalable and secure platform for multi-access edge computing (MEC).” Edge computing allows data collected by Internet of Things (IoT) devices to be processed and analyzed closer to the point of collection, rather than being sent to far-away data centers. …

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Like Libra But Without Facebook

In the wake of reports that Facebook’s Libra currency is losing backers, Mashable is reporting that OpenLibra is being positioned as an alternative, “an open platform for financial inclusion. Not run by Facebook.” The new cryptocurrency was announced in Osaka, Japan at the Ethereum Foundation’s Devcon 5 conference. The currency will share the same Move …

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Facebook Libra Backers Back Out

A week ago we covered a Wall Street Journal article highlighting potential trouble for Facebook’s Libra cryptocurrency, as multiple backers were reconsidering their commitment to the project. Fast-forward a week and things have only gone from bad to worse. As Bloomberg reports, PayPal was the first to announce they were leaving on October 6, with …

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Oracle Announces Additional Hiring to Boost Cloud Services

Oracle is boosting its cloud efforts with an announcement that it is hiring some 2,000 new employees. While Amazon, Microsoft and, to some extent, Google have dominated the cloud market, Oracle sees ongoing opportunity to expand. Oracle has been making moves to take on the leaders, including opening offices in Microsoft’s back yard. Even more …

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Cyberattacks Hit 66% of Small and Medium Businesses Last Year

Health IT Security is reporting on two separate security reports, one from Kaspersky and the other the Ponemon Institute-Keeper report, showing 66 percent of small to medium-sized businesses suffered cyberattacks last year. The reports also showed that the cost of cyberattacks is on the rise, with a malware incident costing some $2.7 million on average. …

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