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Dell Goes Bitcoin

July 29, 2014 by  
Filed under Internet

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Want to purchase a laptop with bitcoins? Dell is now accepting the digital currency as a form of payment.

Consumer and business shoppers can pay for products directly via bitcoins or through Coinbase, a third-party payment processing company, Dell said.

Buyers can pay for products through Bitcoin wallets or by scanning a QR code with a smartphone.

The volatile Bitcoin has had its share of controversies and exchange shutdowns as the currency matures. Companies like Overstock.com, Newegg, Expedia and some Amazon storefronts accept Bitcoin as a form of payment. But major retailers like Walmart and eBay have not warmed up to the idea. The value of one bitcoin was around $630 as of Friday, according to multiple cryptocurrency website.

There are some advantages to paying via Bitcoin. The form of currency is accepted around the world, and for Dell, the payment-processing cost is less than with credit cards.

But the form of payment has its quirks.

“Due to the nature of the Bitcoin network, once you initiate a Bitcoin transaction you cannot change or cancel it,” Dell said on a terms and conditions page.

Customers could seek refunds in the case of canceled transactions or product returns.

“For a qualifying return of product paid for in Bitcoin, any refund due will be remitted to the purchaser via check in U.S. Dollars for the full amount of the purchase price paid at the time of the original transaction, less any applicable restocking fees,” Dell said.

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Venture Capaitalist Going Internet Again

January 30, 2014 by  
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Venture capitalists invested more money into Internet companies last year than they have since the dot-com bust, according to a survey published last Friday.

Internet companies in the U.S. took in $7.1 billion from VCs in 1,059 deals in 2013, the highest level of Internet investment in terms of dollars and deals since 2001, according to The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. In comparison, VC investment in Internet companies totaled $6.7 billion in 995 deals in 2012, another strong year, according to the MoneyTree report.

In addition, VCs invested $110 billion in 1,523 software industry deals last year, the highest level in both dollars and number of deals for the sector since 2000, according to the MoneyTree report. VC dollars going into software rose 27 percent year over year, while the number of deals increased 10 percent.

The amount of money invested in the software industry accounted for 37 percent of total VC investments in 2013, the highest percentage since the MoneyTree report was initiated in 1995.

All this is taking place against a backdrop of a generally strong VC environment, as VCs invested $29.4 billion in 3,995 deals across all sectors in 2013, a year-over-year increase of 7 percent in dollars and 4 percent in deals, according to the report.

Companies involved in big data, mobile apps, security, digital marketing, and medical and health software are among those that are especially interesting to VCs, according to Mark McCaffrey, PwC’s U.S. and global software leader.

Top deals in the fourth quarter of 2013 included a $225,000 investment in Pinterest, a site for sharing photos, recipes and other items of personal interest, and a $177,514 investment in Palantir Technologies, a government contractor in the systems integration business, according to MoneyTree data.

Going into 2014 a sense of optimism prevails, but this does not mean that the tech industry is going through a bubble of the sort that arose in 1999 and 2000, McCaffrey said.

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Apple Raising Prices In Japan

June 10, 2013 by  
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Apple Inc increased prices of iPads and iPods in Japan on Friday, becoming the highest-profile brand to join a growing list of foreign companies asking Japanese consumers to pay more as a weakening yen squeezes profit.

Some U.S. companies have inoculated themselves at least temporarily against the yen’s fall through financial hedging instruments, while others are charging customers more.

The yen has fallen more than 20 percent against the U.S. dollar since mid-November when then-opposition leader Shinzo Abe, who is now prime minister, prescribed a dose of radical monetary easing to reverse years of sliding consumer prices as part of a deflation-fighting policy, dubbed “Abenomics.”

The Bank of Japan, under a new Abe-backed governor, in April promised to inject $1.4 trillion into the economy in less than two years to achieve 2 percent inflation in roughly two years.

Price rises are rare in Japan, which has suffered 15 years of low-grade deflation. A few other foreign brands have also raised prices on products, providing an early sign of inflation for Abe and an indication that these companies feel consumer demand is strong enough to withstand the increases.

Still, price rises would have to spread much more widely, especially to lower-end discretionary goods, to show that Abe’s aggressive policies are helping reinvigorate the economy.

Apple, one of the most visible foreign companies in Japan, raised the price of iPads by up to 13,000 yen ($130) at its local stores. The 64-gigabyte iPad will now cost 69,800 yen, up from 58,800 yen a day ago, an Apple store employee said. The 128-gigabyte model will cost 79,800 yen compared with 66,800 yen.

Apple also upped prices of its iPod music players by as much as 6,000 yen and its iPad Mini by 8,000 yen.

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Is E-Commerce Next For Facebook?

April 13, 2012 by  
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A group of e-commerce start-ups, backed by some of the tech world’s most respected financiers, are hoping that Facebook Inc will become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.

As the world’s largest social network moves toward a $5 billion initial public offering, it will come under more pressure from Wall Street to generate new sources of profit growth and reduce its reliance on advertising, which accounted for 85 percent of its 2011 revenue.

Some entrepreneurs and investors increasingly think “f-commerce” – meaning e-commerce on Facebook – is the answer. Start-ups such as BeachMint, Yardsellr, Oodle and Fab.com are coming up with novel ways to persuade Facebook users to not just connect with friends on the social network, but to shop as well.

Backed by tens of millions of dollars from venture capital firms like Accel Partners and Andreessen Horowitz, and other big investors like Goldman Sachs, these start-ups are pushing out shopping apps, hosting online garage sales and testing out new business models on Facebook.

“E-commerce is a huge category with very strong tailwinds and it’s a natural move for Facebook,” said Sam Schwerin of Millennium Technology Value Partners, which owns Facebook shares and has a stake in BeachMint.

Amazon revolutionized online shopping by crunching lots of customer and purchase data to come up with relevant, personalized recommendations. In the same vein, Facebook’s combination of data, analytics and payment technology could fuel the next generation of e-commerce, Schwerin said.

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Intel Gives Details On Their Xeon E5 Processors

November 21, 2011 by  
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Intel finally gave more details at the supercomputing conference SC2011 about its upcoming Xeon E5 processors and been showing off its Knights Corner many integrated core (MIC) solution.

We don’t expect to see the new Xeons until the first half of 2012, but Intel has has been shipping the new chips to “a small number of cloud and HPC customers” since September. The E5 family has the same core as the 3960X which Intel launched this week. So far though Intel does not seem to be keen to ramp up any mass production. Some of this might have something to do with problems in production which were rumoured earlier this year. However early benchmarks indicate that it could be a winner.

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AMD Ships One Million Llano Processors

July 29, 2011 by  
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It appears that AMD has successfully managed to ship one million Llano chips in the second quarter, which is weeks ahead of the official launch.

AMD released the news during its earnings conference call. Where interim CEO Thomas Seifert said demand for Llano was strong. “We expect Llano ramp to outpace the Brazos ramp,” he noted.

If you look back at AMD’s Brazos launch, they managed to ship around one million units ahead of its scheduled launch, in the fourth quarter of 2010. Conversely, introducing Llano will be a bit more challenging, because AMD is planning to offer many varieties of mobile and desktop SKUs; including affordable dual- and triple-core processors. Therefore, Llano is expected to outpace Brazos very soon. AMD also made mention in their earnings call that total APU shipments for the quarter hit seven million. That said, so 6 million of them were Brazos processors.

It is believed that AMD Llano chip will take 50 percent of their total CPU shipments by the end of the year. In the first quarter of 2012, the Llano is expected to garner over 60 percent of their shipments.

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AMD A75 Motherboards Economically Priced

July 15, 2011 by  
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It appears that AMD’s A75 motherboards have finally started to hit the streets. Furthermore, we were truly shocked to see these MB’s economically priced for about $60.00.

Do not get too over excited in reference to the pricing because this gets you a decent A75 micro-ATX motherboard with up to four USB 3.0 ports and six SATA 6Gbps ports matched with a FM1 socket. It’s also worth pointing out that you will not get these same features like USB 3.0 and SATA 6Gbps on a comparable Intel platform in the same price range; you’d pay more.

We noticed that online retailer Newegg.com has an AMD motherboard selling for $59.99 after the rebate; otherwise it will cost $72.99. We expect the more serious computer geeks to opt for more muscle in regards to their motherboards; so they can whet their appetite for a good A75 for about $150.00.

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AMD’s Bulldozer Overclocked To 4.63 GHz

July 1, 2011 by  
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It appears that those techies toying around with samples of AMD’s FX-8130P were able to overclocked this processor to a remarkable 4.63GHz.

That said, Bulldozer appears be AMD’s fastest offering where the eight cores run at 3.8GHz, or up to 4.2GHz with AMD’s Turbo Core 2.0. The processor 8MB of L2 cache, 8MB of L3 cache, supports DDR3 1866MHz and is said to have a 125W  TDP.

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AMD’s Bulldozer Will Be Late

June 6, 2011 by  
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AMD has confirmed that their Bulldozer chip-set will be delayed until later in the summer.

The FX Series which is codenamed Zambezi is based on the Bulldozer architecture.  Unfortunately, AMD didn’t provide an official date they just said that the FX Series is coming in “late summer”, which means do not expect to the chip until probably late August.

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AMD Drops Prices On Certain Chips

May 9, 2011 by  
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As AMD casually outed their new processor pricing lists.  Over all AMD dropped the Athlon series between 2 and 25 percent based on the model. The highly sought after Athlon II X4 645 dropped from $112 to $102 and the eco-friendly 605e dropped from $122 to $98. Dual core and triple core Athlons were shown love as well with cuts between 3 and 12 percent, and 5 and 25 percent respectively.

There are many Phenom deals as well with the dual-core 560 dropping from $102 to $90 bucks.  The EE quad-core 905e processors got a price drop around $65.00 dollars bringing the price to $100.00.  AMD’s much touted 9xx Black Edition saw roughly a 10 percent price drop too with the flagship Phenom II X6 discounted from $239 to $205.

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