Apple could face class-action lawsuit over ‘Error 53’ that bricks iPhones

Apple has always been very keep of making its mobile operating system a secure one and the fruit company has its own way of doing so, even if it involves bricking the devices. A recently reported…

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A Recap Of The 9th Annual Crunchies Awards

Screen Shot 2016-02-09 at 12.54.30 PM The 9th Annual Crunchies took place at the War Memorial Opera House in San Francisco last night. Host Chelsea Peretti had us laughing before our presenters came on stage to announce the winners of this year’s Crunchies. Follow along for some of the highlights of the show, including an operatic musical number, our favorite speeches and some of your social media posts. Read More

SolarCity Beats Q4 Estimates, But Stock Plunges 30 Percent On Soft Outlook

solarcity-earnings-red SolarCity, which is down more than 50 percent over the past year, just released its Q4 2015 earnings. The market has reacted negatively, with the stock trading down about 30 percent after-hours at a price of around $17.50 per-share. While Q4 revenue of $115M and loss of $2.37 per share beat estimates of $111M in revenue and a loss of $2.59 per share, the company’s Q1 2016 forecast… Read More

U.S. Version Of Politwoops Comes Back Online To Track Politicians’ Deleted Tweets

politwoopsUS Politwoops, a service that tracks politicians’ deleted tweets in an effort to hold elected officials accountable for the statements they make on social media, is now back online in the U.S. The restoration of the service, announced today by the Sunlight Foundation, follows Twitter’s earlier decision to restore Politwoops’ access to its API after previously having… Read More

Fox Marks Down Its DraftKings Investment By 60 Percent

In this photo taken on Tuesday, Dec. 1, 2015, an ad for daily fantasy sports operator DraftKings is displayed in a subway station in Philadelphia. A state judge has barred daily fantasy sports sites DraftKings and FanDuel from doing business in New York.  The order issued Friday, Dec. 11, 2015, by state Supreme Court Justice Manuel Mendez also denied the country’s two biggest daily fantasy sports sites’ attempts to block the state’s attorney general enforcement action. (AP Photo/Oskar Garcia) Twenty-First Century Fox, which invested $160M in DraftKings over the summer, has written down the investment by about 60 percent, according to its 10-Q filed today. Specifically, Fox noted that “based on information concerning DraftKings’ current valuation in a recent financing transaction, the Company determined that a portion of its investment in DraftKings was impaired and… Read More

The Money In Open-Source Software

moneywave It’s no secret that open-source technology — once the province of radicals, hippies and granola eaters — has gone mainstream. According to industry estimates, more than 180 young companies that give away their software raised roughly $3.2 billion in financing from 2011 to 2014. Despite the growing popularity of open-source software, though, many open-source companies are… Read More