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Bob's Byte

The Digital Disruption of Money

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The Digital Disruption of Money

If your company sells to financial institutions, you need to know about the upcoming tech disruption of the business of... money.

While the Twitterverse debates whether Craig Wright is the mysterious founder of Bitcoin, Wall Street gathered at Nasdaq for a secret meeting that would make every bank a Bitcoin look-alike.

Bitcoin demonstrates how effectively "blockchain" technology can create a virtual currency. But banks (and the governments that collude with them) can't abide by the anonymity of Bitcoin.  

In the sense that Bitcoin is not suported Read more...

IDdriven: IDaaS for Solution Providers

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IDdriven: IDaaS for Solution Providers

Here's a scary fact for you: a computer security firm polled 4000 employees in the UK, Germany, US and Australia and found about 35% of employees would be willing to sell company data for the right price. 25% said they would sell confidential company data, and risk both their job and criminal convictions for as little as £5000.

That shows why security (and compliance) needs are expanding exponentially worldwide for companies of all sizes.

To fill that need, IDdriven (a California company with Dutch founders and Dutch technology) wants to use the Read more...

Chinese Company Buys Ingram Micro!

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Chinese Company Buys Ingram Micro!

Out of the blue sea, Tianjin Tianhai from China announced it will buy Ingram-Micro, the world's largest technology distributor for $6 billion.

$6 billion for a $46 billion company tells you a lot about the business of high tech distribution. But this story is not about the HOW MUCH but more about the WHO and the WHY. 

Tianjin Tianhai began as a humble marine shipping company and turned itself into a modern logistic industry investor and operator, focusing on investment in logistics, supply chain and management-- and financing service for the Read more...

China's Currency Grows Up

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China's Currency Grows Up

Maybe you ignored the news that the International Monetary Fund added the Chinese currency (renminbi) to its basket of international reserve currencies, to begin in October 2016.

This is the world’s hardest fiscal club to join. The Chinese renminbi now joins the once-mighty U.S. dollar, the disappointing Euro, the legacy pound sterling and the humbled Japanese yen.

The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money.” Its international symbol is CNY (or CNH in Hong Kong) but abbrevia Read more...

COMDEX Founder Still in the News

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COMDEX Founder Still in the News

If you caught the last Republican debate, Donald Trump and others were on stage in the Venetian Hotel in Las Vegas. That casino stands on the site of the former Sands hotel and is owned by the Las Vegas Sands Corporation whose owner is a major contributor to Republican Party candidates.

While the city of Venice rests famously upon a foundation of loosely spaced wooden piles covered with limestone plates,  the Venetian Hotel & Casino was built on a foundation of dollars from the computer industry.

How did the computer industry, an industry known in Vegas by its annual visits to conventions as "non-gamblers," contribute to the making of the Venetian?

Remember COMDEX (1979-1995)?

It was the brainchild of Sheldon Adelson, the rapacious show organizer who parlayed his computer trade show into Las Vegas casino ownership and a billionaire's influence on the American Republican party.

As of June 2015, Adelson (with a fortune of $28 billion) was listed by Forbes as the 18th richest person in the world.

Now Forbes has put Adelson in the headlines again. This is the story:

Read more...

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