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Tuesday, February 25, 2014
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3:53 AM

Mobile messaging platform Line, a WhatsApp rival that’s very popular in Japan but is also gunning for global growth, has claimed it acquired...

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2:54 AM

Facebook made good on recent promises to highlight its group features and unveiled an updated groups discovery page today. As reported by Al...

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2:53 AM

Mt. Gox, one of the first bitcoin exchanges, is down after an apparent long-term operation bled the company of 744,408 BTC - about $350 mill...

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2:38 AM

While consumers around the world are debating the merits of Samsung's latest product roster, which debuted at the MWC in Barcelona yeste...

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12:53 AM

Shape Security — the enterprise startup that emerged from stealth last month with an enterprise product that fights automated malware and bo...

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Monday, February 24, 2014
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It's not often I see news that surprises me, but Facebook paying nearly $20 billion for an instant messaging app had me scratching my head. People have been paying too much for properties for some time, but this is crazy money for a class of product that stopped being trendy nearly a decade ago. I've come up with three reasons, none of which are mutually exclusive, as to how Facebook was tricked into massively -- boy, that word is just not adequate to describe this -- overpaying for this property. This should be a wakeup call for Yahoo, Microsoft and Aol.


5:24 PM

It's not often I see news that surprises me, but Facebook paying nearly $20 billion for an instant messaging app had me scratching my ...

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FILE PHOTO NSA Compiles Massive Database Of Private Phone Calls

The National Security Agency has reportedly been surveilling senior German officials after it was ordered by President Obama to cease spying on Chancellor Angela Merkel. The report comes from German paper Bild am Sonntag, which claims its informant is a “high-ranking NSA employee in Germany,” as described by UK Reuters, which translated the original report.


Among the 320 target individuals are Interior Minister Thomas de Maizière. “We have had the order not to miss out on any information now that we are no longer able to monitor the chancellor’s communication directly,” one NSA employee is reported to have said.


An interior ministry spokesman declined to comment on the allegations. The US incurred significant international disapproval after previous leaks about surveilling the German Chancellor, which President Obama never officially disavowed.


Part of the issue with this current leak is that it’s difficult to verify. The original NSA whistleblower, Edward Snowden, came out publicly and the NSA only months later admitted some details about the controversial phone record collection program (on a Tumblr page, no less). An anonymous source leaking information about much lower profile activity may not incentivize agencies to release details either confirming or denying Bild am Sonntag‘s claim.


Certainly, this new leak will not help US-European relations. For a bit of levity, let me leave our readers with Saturday Night Live’s take on the Merkel spying scandal:






5:09 PM

The National Security Agency has reportedly been surveilling senior German officials after it was ordered by President Obama to cease spyin...

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