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Gary Edwards

These 28 Words Explain Why PayPal's Creators Are Funding A Startup To Kill It - Busines... - 0 views

www.businessinsider.com/ng-a-startup-to-kill-it-2013-6

PayPal mobile-computing Stripe

shared by Gary Edwards on 19 Jun 13 - No Cached
  • Gary Edwards on 19 Jun 13
     
    "One of the strangest things about Stripe - or perhaps, one of the strangest things about Paypal - is the list of people who are funding Stripe. Three of its biggest individual backers are people who played a key role in making PayPal a success: cofounders Peter Thiel and Max Levchin, along with Elon Musk, who joined PayPal through an acquisition. Why would Thiel, Levchin, and Musk fund a machine built destroy their baby? Probably because, in Silicon Valley, PayPal is viewed as a lost cause. We've heard a lot of complaints about how awful and hard it is to implement. " Stripe isn't the only well-funded startup going after what it views as a decrepit, disrupt-ble incumbent. Jack Dorsey's Square is too, and it's now worth billions of dollars. Another heavily funded startup, Braintree, owns the technology millions of people use to pay for things inside apps like Uber. Finally, some of eBay's bigger rivals such as Google, Amazon, and Microsoft are gunning for PayPal too.
Gary Edwards

Why a JavaScript hater thinks everyone needs to learn JavaScript in the next year - O'R... - 1 views

radar.oreilly.com/...time-to-learn-javascript.html

JavaScript HTML+ Node.JS JQuery web-apps web-application-development

shared by Gary Edwards on 07 Jun 11 - No Cached
  • some extremely important game-changers: jQuery, JSON, Node.js, and HTML5.
  • .js has the potential to revolutionize web development. It is a framework for building high performance web applications: applications that can respond very quickly and efficiently to a high volume of incoming requests.
  • Google has started a revolution in JavaScript performance.
  • ...11 more annotations...
  • the number of JavaScript developers is huge.
  • HTML5 is about JavaScript
  • The power of HTML5 lies in what these tags allow you to create in JavaScript.
  • HTML5, then, isn't really a major advance in angle-bracket-based tagging; it's about enabling JavaScr
  • pt to do more powerful things
  • JavaScript has long been the workhorse for implementing dynamic features in HTML. But there have always been two problems: browser incompatibilities, and the awkwardness of working directly with the DOM. The JQuery library has elegantly solved both problems, and is the basis for modern client-side browser development.
  • The use of JavaScript has also exploded in databases.
  • document databases
  • for all three databases, a "document" means a JSON document, not a Word or Excel file.
  • JSON is really just a format for serializing JavaScript objects.
  • Web servers, rich web client libraries, HTML5, databases, even JavaScript-based languages: I see JavaScript everywhere.
  • Gary Edwards on 07 Jun 11
     
    OK, this article gets my vote as the most important read of the year.  We all know that the the Web is the future of both computing and communications/connectivity.  But wha tis the future of the Web?  Uber coder Mike Loukides says it's JavaScript, and what a compelling case he builds.  This is a must read.  Key concepts are diigo highlighted :) excerpt: JavaScript has "grown up." I'm sure there are many JavaScript developers who would take issue with that judgement, and argue that JavaScript has been a capable, mature, and under-appreciated language all along. They may be right, though you can write any program in any complete programming language, including awful things like BASIC. What makes a language useful is some combination of the language's expressiveness and the libraries and tools available. JavaScript clearly passed the expressiveness barrier a long time ago, even if the ceremony required for creating objects is distasteful. But recently, we've seen some extremely important game-changers: jQuery, JSON, Node.js, and HTML5. JavaScript may have been a perfectly adequate language in the past, but these changes (and a few others that I'll point out) have made JavaScript a language that is essential for every developer to know. If there's one language you need to learn in the next year, it's JavaScript. Insightful comment: HTML5 is a JavaScript API, introducing new elements but significantly redefining ALL elements as objects or classes.  Elements can be expressed with tags.  Or, you can use DOM JavaScripting to create elements. 
Paul Merrell

Facebook unveils cryptocurrency Libra | Time - 0 views

time.com/...acebook-cryptocurrency-banking

Facebook cryptocurrency Libra Visa Uber Mastercard

shared by Paul Merrell on 20 Jun 19 - No Cached
  • As it continues to explore new business models that may work in a world focused on privacy rather than broadly sharing data online, Facebook on Tuesday revealed plans for its own global digital currency, Libra, which aims to allow users to make purchases or send money with close to zero transaction fees. Facebook said it hopes Libra will make it easier for the estimated 1.7 billion unbanked adults worldwide to access banking services and transfer money electronically. “Just as people can use their phones to message friends anywhere in the world today, with Libra, the same can be done with money — instantly, securely and at a low cost,” Facebook said in a Libra white paper.
  • Users will be able to make transactions with Libra by 2020, Facebook says, both through a standalone app called Calibra as well as with Facebook’s own family of apps. Unlike bitcoin and some similar offerings, the price of Libra is tied to low-risk assets, which should prevent the speculative behavior and wild price swings plaguing other digital currencies. The currency will be overseen by the Libra Association, a Switzerland-based collective of more than a dozen companies, including Visa, Uber and Mastercard, each of whom have invested at least $10 million in the technology. Users of Libra will pay $1 to use Libra which will sit in a bank account and earn interest which will pay the Libra Association.
Paul Merrell

Trump Declares War On Silicon Valley: DoJ Launches Google Anti-Monopoly Probe | Zero Hedge - 0 views

www.zerohedge.com/...hes-google-anti-monopoly-probe

antitrust FTC DoJ Google

shared by Paul Merrell on 03 Jun 19 - No Cached
  • Just before midnight on Friday, at the close of what was a hectic month for markets, WSJ dropped a bombshell of a story: The paper reported that the DoJ has opened an anti-trust investigation of Alphabet Inc., which could "present a major new layer of regulatory scrutiny for the search giant, according to people familiar with the matter." The report was sourced to "people familiar with the matter," but was swiftly corroborated by the New York Times, Bloomberg and others. For months now, the FTC has appeared to be gearing up for a showdown with big tech. The agency - which shares anti-trust authority with the DoJ - has created a new commission that could help undo big-tech tie-ups like Facebook's acquisition of Instagram, and hired lawyers who have advanced new anti-monopoly theories that would help justify the breakup of companies like Amazon. But as it turns out, the Trump administration's first salvo against big tech didn't come from the FTC; instead, this responsibility has been delegated to the DoJ, which has reportedly been tasked with supervising the investigation into Google. That's not super surprising, since the FTC already had its chance to nail Google with an anti-monopoly probe back in 2013. But the agency came up short. From what we can tell, it appears the administration will divvy up responsibility for any future anti-trust investigations between the two agencies, which means the FTC - which is already reportedly preparing to levy a massive fine against Facebook - could end up taking the lead in those cases.
  • Though WSJ didn't specify which aspects of Google's business might come under the microscope, a string of multi-billion-euro fines recently levied by the EU might offer some guidance. The bloc's anti-trust authority, which has been far more eager to take on American tech giants than its American counterpart (for reasons that should be obvious to all), has fined Google over its practice of bundling software with its standard Android license, the way its search engine rankings favor its own product listings, and ways it has harmed competition in the digital advertising market. During the height of the controversy over big tech's abuses of sensitive user data last year, the Verge published a story speculating about how the monopolistic tendencies of each of the dominant Silicon Valley tech giants could be remedied. For Google, the Verge argued, the best remedy would be a ban on acquisitions - a strategy that has been bandied about in Congress.
Paul Merrell

The punk rock internet - how DIY ​​rebels ​are working to ​replace the tech g... - 0 views

amp.theguardian.com/...e-tech-giants-snoopers-charter

internet freedom decentralization

shared by Paul Merrell on 02 Feb 18 - No Cached
  • What they are doing could be seen as the online world’s equivalent of punk rock: a scattered revolt against an industry that many now think has grown greedy, intrusive and arrogant – as well as governments whose surveillance programmes have fuelled the same anxieties. As concerns grow about an online realm dominated by a few huge corporations, everyone involved shares one common goal: a comprehensively decentralised internet.
  • In the last few months, they have started working with people in the Belgian city of Ghent – or, in Flemish, Gent – where the authorities own their own internet domain, complete with .gent web addresses. Using the blueprint of Heartbeat, they want to create a new kind of internet they call the indienet – in which people control their data, are not tracked and each own an equal space online. This would be a radical alternative to what we have now: giant “supernodes” that have made a few men in northern California unimaginable amounts of money thanks to the ocean of lucrative personal information billions of people hand over in exchange for their services.
  • His alternative is what he calls the Safe network: the acronym stands for “Safe Access for Everyone”. In this model, rather than being stored on distant servers, people’s data – files, documents, social-media interactions – will be broken into fragments, encrypted and scattered around other people’s computers and smartphones, meaning that hacking and data theft will become impossible. Thanks to a system of self-authentication in which a Safe user’s encrypted information would only be put back together and unlocked on their own devices, there will be no centrally held passwords. No one will leave data trails, so there will be nothing for big online companies to harvest. The financial lubricant, Irvine says, will be a cryptocurrency called Safecoin: users will pay to store data on the network, and also be rewarded for storing other people’s (encrypted) information on their devices. Software developers, meanwhile, will be rewarded with Safecoin according to the popularity of their apps. There is a community of around 7,000 interested people already working on services that will work on the Safe network, including alternatives to platforms such as Facebook and YouTube.
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  • Once MaidSafe is up and running, there will be very little any government or authority can do about it: “We can’t stop the network if we start it. If anyone turned round and said: ‘You need to stop that,’ we couldn’t. We’d have to go round to people’s houses and switch off their computers. That’s part of the whole thing. The network is like a cyber-brain; almost a lifeform in itself. And once you start it, that’s it.” Before my trip to Scotland, I tell him, I spent whole futile days signing up to some of the decentralised social networks that already exist – Steemit, Diaspora, Mastadon – and trying to approximate the kind of experience I can easily get on, say, Twitter or Facebook.
  • And herein lie two potential breakthroughs. One, according to some cryptocurrency enthusiasts, is a means of securing and protecting people’s identities that doesn’t rely on remotely stored passwords. The other is a hope that we can leave behind intermediaries such as Uber and eBay, and allow buyers and sellers to deal directly with each other. Blockstack, a startup based in New York, aims to bring blockchain technology to the masses. Like MaidSafe, its creators aim to build a new internet, and a 13,000-strong crowd of developers are already working on apps that either run on the platform Blockstack has created, or use its features. OpenBazaar is an eBay-esque service, up and running since November last year, which promises “the world’s most private, secure, and liberating online marketplace”. Casa aims to be an decentralised alternative to Airbnb; Guild is a would-be blogging service that bigs up its libertarian ethos and boasts that its founders will have “no power to remove blogs they don’t approve of or agree with”.
  • An initial version of Blockstack is already up and running. Even if data is stored on conventional drives, servers and clouds, thanks to its blockchain-based “private key” system each Blockstack user controls the kind of personal information we currently blithely hand over to Big Tech, and has the unique power to unlock it. “That’s something that’s extremely powerful – and not just because you know your data is more secure because you’re not giving it to a company,” he says. “A hacker would have to hack a million people if they wanted access to their data.”
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