The price of one bitcoin surpasses $1,000 on Mt. Gox

The price of a single bitcoin reached US$1,000 Wednesday, possibly demonstrating a new level of interest — some might say mania — for the digital currency that earlier this year was trading for a measly $30. Bitcoin trading surpassed the $1,000 mark on the Tokyo-based Mt. Gox exchange, one of the most prominent exchanges for buying and selling bitcoins online. Less eye-catching, but still high, trading levels were reached...

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Apple Reports Third Quarter Results

CUPERTINO, California—July 23, 2013—Apple® today announced financial results for its fiscal 2013 third quarter ended June 29, 2013. The Company posted quarterly revenue of $35.3 billion and quarterly net profit of $6.9 billion, or $7.47 per diluted share. These results compare to revenue of $35 billion and net profit of $8.8 billion, or $9.32 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 42.8...

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Virgin Media brings its TV Anywhere service to UK Android devices

It took a while, but Virgin Media has finally brought its TV Anywhere service to Android. Already available on the iPhone and iPad for more than a year, the app comes to Android smartphones and tablets with nine new UK TV channels including Alibi, Dave, Drama, Good Food, Home, Really, Watch, Yesterday and CBS Reality. That takes the total number of mobile channels up to 67, with up to 90 available online. Virgin Media boasts it now...

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Google, Amazon reveal their secrets of scalability

Internet giants such as Google and Amazon run IT operations that are far larger than most enterprises even dream of, but lessons they learn from managing those humongous systems can benefit others in the industry. At a few conferences in recent weeks, engineers from Google and Amazon revealed some of the secrets they use to scale their systems with a minimum of administrative headache. At the Usenix LISA (Large Installation Systems...

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MacBook Air the Ultimate Laptop

Toby’s Estate Coffee in Brooklyn should be my favorite local coffee shop. The Australian company’s first US location is big and bright, with ample seating, great service, and terrific coffee — the ultra-expensive Strada variable-pressure espresso machine behind the bar sees to that. It’s also full of attractive young people hellbent on challenging traditional notions of fashion, beauty, and exactly what constitutes a pair of pants....

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