Twitter Stocks Tumble on Social Insecurity

“Twitter needs to answer the question about whether it can ever become a mass-market product, or whether it’s more destined to be a niche for news junkies,”

Rational Arrogance

The company that runs the popular micro blog platform – Twitter – released Thursday their first financial report since it got listed on the Stock exchange in November last year. Not good. The stock tumbled 24%, making this the worst day in the stock market for Twitter. The reason for the Twitter dump is based on the same assessment that sent the Facebook shares tumbling just after their initial public offering (IPO) – will this company ever be profitable?

“These risks include the possibility that: our user base and engagement do not continue to grow; advertisers reduce or discontinue their spending on Twitter; data partners reduce or discontinue their purchases of data licenses from Twitter; and Twitter experiences expenses that exceed its expectations..”

Twitter Inc.

twitter

Oh, dear! This does not look good for Twitter. The total number of new accounts continued to rise in the last quarter of 2013, but at…

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Finally, you can do something useful with Bitcoin: invest in real estate

Can I change my Facebook likes into Bitcoins?

Gigaom

As the marketing hype behind Bitcoin has started to wear off, people have begun to wonder if there’s any point to Bitcoin beyond speculation and its beauty as a protocol.

And the skeptics have a point: despite all the hoopla, involving everything from space flight to a pro sports team, Bitcoin is just not that practical for buying and selling things. It takes too long to complete a transaction compared to credit cards or good old cash and, in any case, most merchants don’t know what the heck Bitcoin is in the first place.

As someone who’s followed the currency closely for about a year, I’ve been waiting for someone to offer a practical use case for Bitcoin and, finally, a good candidate has emerged: RealtyShares, a startup that lets people invest in real estate through a version of crowdfunding.

The company, based in San Francisco, began…

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British intelligence used DDoS tactics against Anonymous, Snowden documents show

Okay…., then, who are the good guys?

Gigaom

The British spy agency GCHQ secretly waged war against the hacker collective Anonymous a few years ago, according to documents taken from the NSA by Edward Snowden and revealed late Tuesday by NBC. At the time, certain members of Anonymous were themselves waging war against British government institutions and various companies.

Judging by a presentation (PDF) put together by GCHQ itself for a 2012 conference, a previously undisclosed unit called the Joint Threat Research Intelligence Group (JTRIG) launched distributed denial-of-service (DDoS) attacks against Anonymous chat rooms and used messaging services such as Facebook(s fb) and Skype(s msft) to individually address and scare off the chatrooms’ users. JTRIG agents also infiltrated the chatrooms in order to gather evidence against certain hacktivists who were subsequently imprisoned.

Although it was a turbulent time for online attacks, many if not most of those affected by JTRIG’s “Rolling Thunder” program would have been guilty…

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