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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Oracle Reveals $40 Million Investment in Chip Start-Up Ampere

Oracle recently announced an investment in chip startup Ampere. Ampere is run by Renee James, a former Intel executive who served as president of the company from 2013 till her departure in 2016, and currently serves on Oracle’s board. Ampere Computing develops microprocessors for cloud servers. Their processors are based on the chips designed by …

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Nvidia Becomes the Latest Corporate Patron of Blender

Blender is a “free and open source 3D creation suite.” Originally released in 1994 as an in-house application for a Dutch animation studio, Blender has gone on to become a staple in the animation community. The software is used extensively by NASA and has been part of projects such as Spider-Man 2, Captain America: The …

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Alteryx Acquires Feature Labs, An MIT-Born Machine Learning Startup

Data science is one of the fastest growing segments of the tech industry, and Alteryx, Inc. is front and center in the data revolution. The Alteryx Platform provides a collaborative, governed platform to quickly and efficiently search, analyze and use pertinent data. To continue accelerating innovation, Alteryx announced it has purchased a startup with roots …

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Government Officials Urge Facebook to Create Encryption Backdoor

In most cases, two plus two equals four. It’s simple math. The same is true of encryption. Devices and services are either protected by strong encryption or they’re not. There is no in-between. In spite of that, the UK Home Secretary, Priti Patel, joined U.S. Attorney General William Barr and Australian Home Affairs Minister Peter …

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Microsoft Looking For Help From Linux Developers to Port Edge to Linux

Microsoft’s Edge web browser has received generally positive reviews, and has proven to be a worthy successor to Internet Explorer and a solid contender among modern browsers. In December 2018, Microsoft announced its intention to abandon EdgeHTML as the browser’s rendering engine in favor of Chromium, the same rendering engine Google Chrome uses. In the …

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Enterprises Are Leaving IoT Devices Vulnerable to Cybersecurity Threats

Cybersecurity Ventures estimates that ransomware will attack businesses every 14 seconds by the end of 2019, up from every 40 seconds in 2016. That figure doesn’t even begin to touch attacks on individuals, which occur more frequently than businesses. Even more telling, ransomware is estimated to cost $11.5 billion annually in 2019. In addition to …

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