The Depository Trust and Clearing Corporation (DTCC), the “back end” for much of Wall Street trading, is replacing a central database with Bitcoin-inspired software. The New York-based DTCC records and reports almost every stock, bond and valuable derivative trade in the U.S. IBM, already experienced in blockchain technology, is leading the DTCC software transition, which is slated to be functioning by early 2018. The shift marks Wall Street’s most serious effort thus far to adopt Bitcoin’s underlying technology. Continue reading Wall Street Adopts Blockchain Technology to Record Trades

In a recently published Infrastructure Security Design Overview, Google explains its six layers of security for the cloud it uses for its own operations and its public cloud services. The company also revealed that it designs custom chips, “including a hardware security chip that is currently being deployed on both servers and peripherals,” that allow it to “securely identify and authenticate legitimate Google devices at the hardware level.” The chip works with cryptographic signatures validated during each boot or update. Continue reading Newly Published Google Overview Spells Out Security Details

With the launch of Bluetooth 5, Internet connectivity is expected to be greatly improved. According to the Bluetooth SIG, which oversees the standard first announced earlier in 2016, Bluetooth 5, in its low-energy format, will enjoy twice the speed and up to four times the distance of today’s version. Manufacturers are just beginning to develop Bluetooth 5-compliant devices, which will be introduced into the market in the next two to six months, with the added prediction that “major products” could debut by the end of 2017. Continue reading Bluetooth 5 Aims to Increase Speed, Reliability of IoT Devices

CBS recently announced that it signed a deal with the NFL to stream CBS-broadcast football games via the network’s $6-a-month standalone streaming app. “CBS All Access subscribers will be able to stream the game that is being broadcast by their local CBS affiliate, as well as playoff games and several of next year’s Thursday night NFL games,” reports The New York Times. According to CBS, its app currently touts about a million subscribers, which the network predicts will reach 4 million in the next five years. The NFL has been looking for alternatives as it contends with declining ratings for primetime games. The league has already agreed to live stream Thursday Night Football games on Twitter. Continue reading CBS All Access Has Deal to Live-Stream NFL Football Games

Amazon’s fifth cloud computing conference, AWS re:Invent, begins this week in Las Vegas, showcasing the impact of Amazon Web Services on corporate information technology. About 32,000 people are expected to attend. In the five years since its debut, AWS has offered a more price-conscious, subscription services-based alternative to on-site servers, storage, networking and software. As a result, Amazon’s AWS has grown 55 percent in Q3 to $3.2 billion, due in part to some large companies that recently came on board. Continue reading Amazon Expands Cloud Offerings, Big Firms Sign On to AWS

Analytics company Moat is rolling out new advertising metrics for platforms including Facebook, YouTube, Snapchat and Hulu. Recently, Facebook revealed that it has overstated metrics for video viewing for years. Rather than focusing on what constitutes a video view, Moat will judge the quality of video ad views with its Moat Video Score, which assigns in real time a number between zero and 100 based on how long viewers watch and listen to the ad and the percentage of “screen real estate” it takes up. Continue reading Moat Debuts Video Ad Metrics for Variety of Digital Platforms

China has adopted a broad and controversial cybersecurity law that places new requirements on tech companies, which foreign businesses fear may be used to negatively affect competition. The law, designed to tighten state control over technology and information while ramping up online security, addresses areas such as data storage, technical support, censorship and government certification of hardware. According to The Wall Street Journal, “The law drew criticism from foreign business groups due to the expansive list of sectors that are defined as part of China’s ‘critical information infrastructure,’ making sectors including telecommunications, energy, transportation, information services and finance subject to security checks.” Continue reading Global Tech Firms Wary of China’s Broad Cybersecurity Law

Hulu announced it has signed deals with 21st Century Fox and Disney to include the media giants’ broadcast and cable channels in Hulu’s planned live streaming service, expected to launch in early 2017. ABC, ESPN and Fox News will join channels including CNN, TBS and TNT, following an earlier deal with Time Warner. All three companies are part owners of Hulu. The fourth owner, Comcast, has not yet reached an agreement for channels under the NBCUniversal banner. According to The New York Times, “Hulu’s live offering will be the latest cheaper and slimmer television package at a time when more people are canceling traditional — and more expensive — cable subscriptions.” Continue reading ABC, ESPN, Fox News to Join Hulu’s Live Streaming Service

CenturyLink has agreed to acquire Colorado-based, fiber-optic network provider Level 3 Communications “for about $34 billion in cash and stock,” reports Bloomberg, “creating a more formidable competitor to AT&T in the market to handle heavy Internet traffic for businesses.” The deal gives Louisiana-based CenturyLink $10 billion in tax credits. CenturyLink chief exec Glen Post will stay CEO of the merged company, and Level 3’s Sunit Patel will serve as CFO. Both companies have been struggling against bigger names in business services. “We see this as addressing the opportunities in the enterprise business,” said Level 3 CEO Jeff Storey. Continue reading CenturyLink to Take On AT&T with $34B Purchase of Level 3

Yoshua Bengio, a leader in deep learning and professor at the University of Montreal, is opening Element AI, a startup incubator focused on this form of artificial intelligence. The incubator will help develop AI-centric companies coming from both Bengio’s university and nearby McGill University, part of Bengio’s stated goal of creating an “AI ecosystem” in this Canadian city. According to Bengio, Montreal is home to “the biggest concentration in the world” of researchers in the powerful field of deep learning. Continue reading Deep Learning Pioneer Yoshua Bengio Launches AI Incubator

Facebook is sharing more technology, announcing that the Open Compute Project (OCP) — formed by the Silicon Valley company — has accepted its contribution of the Wedge 100 top-of-rack Ethernet switch that transmits data at 100 gigabits per second (Gbps). The company has already utilized many such switches in production inside its data centers, and the announcement signals that Facebook is committed to sharing the infrastructure that lets it handle large-scale data-heavy applications at an economic price point. Continue reading Facebook Adds Its Ethernet Switch to Open Compute Project

Several tech companies want to provide Internet access to developing nations via drones, satellites and balloons, but they all face obstacles, including getting approval to operate in foreign airspace and use radio spectrum to broadcast signals to the ground. Google already conducted its first tests of Project Loon, using high-altitude balloons, and OneWeb is at work on multiple satellites to deliver the Internet from space. Now Facebook is talking to several countries to create trial Internet broadcasts from drones. Continue reading Facebook in Talks with Foreign Nations to Begin Drone Trials

Google Fiber, an Alphabet company, just asked the Federal Communications Commission for permission to expand its current service using the 70/80 Ghz band to connect apartments to high-speed Internet. The technology, which Google Fiber acquired by purchasing San Francisco broadband company Webpass, beams Internet signals to the roofs of apartment buildings, from there connecting individual apartments via cable. Now, Google Fiber wants to roll out this service on a much larger scale. Continue reading Google Aims to Deploy Both Wireless and Fiber with Webpass

Following Sony’s recent announcement that the company’s PlayStation Vue streaming service would offer HBO and Cinemax, both premium cable channels are now available as standalones for $15 per month or as part of a new bundle. In addition, the HBO Now app launched yesterday on PS3 and PS4 consoles. According to The Verge, “the new Ultra bundle will include all of Vue’s current offerings, including HBO and Showtime, for $64.99 per month in most locations, and $74.99 per month in New York, Los Angeles, Chicago, Philadelphia, Dallas, San Francisco, and Miami. PlayStation says Vue is the first streaming service to offer live programming from HBO and Cinemax without a bundle subscription.” Continue reading Sony PS Vue Offers HBO, Cinemax as Standalones or Bundle

Digital media center manufacturer Plex is debuting Plex Cloud, which runs its server on Amazon Drive without a local computer or network-attached storage drive. A select group of beta testers will get their hands on Plex Cloud, enabling them to set up a Plex server in one minute and use Amazon’s consumer cloud storage service, including the ability to stream media to any device. This change removes one of the biggest obstacles to adoption of Plex’s solution for personal media: the need for a dedicated server. Continue reading Plex, Amazon Launch Beta Test of Cloud-Based Media Center