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Christopher Mims

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$1 Billion in Bitcoin Was Traded in April—16 Times the Previous Record

May 6, 2013 FROM NEXTGOV arrow In April, $1 billion worth of bitcoins was traded across all exchanges, according to an aside in the complaint bitcoin startup Coinlab just filed against the world’s largest bitcoin exchange, Mt.Gox. Just a month prior, only $60 million in bitcoin was traded, estimates Jeremy Liew, a managing director at Lightspeed...

BlackBerry’s CEO Is Correct: There’s No Future in Tablets

May 1, 2013 FROM NEXTGOV arrow If you think PC manufacturers are hurting as consumers opt for tablets and other devices, what’s to stop the same downward spiral of razor-thin margins from destroying the fortunes of tablet makers, as well? That appears to be the logic of BlackBerry CEO Thorsten Heins, who told Bloomberg today that...

Commentary: Amazon Takes On Enterprise Cloud Companies

April 29, 2013 FROM NEXTGOV arrow “I find it really hard to believe that we cannot collectively beat a company that sells books,” said Carl Eschenbach, the chief operating officer of VMWare, at the company’s recent annual confab with its partners and resellers. VMWare competes with Amazon to provide businesses with computing and IT services in...

Just Four Companies Will Produce the Microchips on Which the Global Economy Depends

April 26, 2013 FROM NEXTGOV arrow Making advanced microchips has always been hard. But it’s now so difficult that the number of companies with the knowledge and cash to do it is about to shrink to precisely four. The factories in which microchips are made, called fabs, can cost billions of dollars. They’re like rocket launch...

Video: The Present and Future of Wearable Technology

April 26, 2013 FROM NEXTGOV arrow “Having technology on you, around you, inside you 24/7 is going to be totally commonplace,” says Rebecca (Becky) Stern, a director of wearable electronics at Adafruit Industries, in this excellent, highly watchable introduction to wearable technology. Adafruit is a thriving electronics boutique based in New York City and aimed at...

Why PC Manufacturers Have to Start Paying Attention to Microchip-Maker Qualcomm

April 25, 2013 FROM NEXTGOV arrow Qualcomm, maker of many of the microprocessors that power mobile phones and especially smartphones, released earnings on April 24, and they showed impressive growth considering that the company is already the third-largest microchip manufacturer in the world. Revenue was up 24% compared to a year earlier, and shipments of microchips...

Bitcoin Takes an Important Step Toward Becoming Part of Web Browsers

April 25, 2013 FROM NEXTGOV arrow A funny thing just happened: virtual currency bitcoin has now passed the first round of approval required to become a standard for the web, alongside other familiar “schemes” which allow elements on a webpage to, for example, open your email application when you click on an email address on a...

How Twitter Accounts—Like the AP’s—Get Hacked

April 23, 2013 FROM NEXTGOV arrow The Twitter account belonging to the Associated Press was just hacked and used to tweet that there were explosions at the White House. Markets immediately reacted accordingly, with the Dow dropping 144 points before recovering in minutes, demonstrating the power that such hacks have. While the people who run the...

'Mobile' Computing No Longer Exists

April 11, 2013 FROM NEXTGOV arrow Anyone who has an interest in the future of computing and mobile should consider the following developments: PC manufacturers, it is rumored, are collaborating with Google on notebook computers that will run the Android operating system. Yet Android is the “mobile” OS that powers the majority of the world’s smartphones....

The Real Data Center Revolution

April 11, 2013 FROM NEXTGOV arrow By June or July of this year, according to Andy Price of Green Revolution Cooling, something strange will be announced by at least two of the companies that own the hundreds of thousands of computers that make the internet possible. In out-of-the-way locations, these companies—whose identities Price won’t reveal but,...

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