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Facebook reveals Libra cryptocurrency, with lofty goals

SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move into e-commerce and global payments. Facebook has linked with 28 partners in a Geneva-based entity
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Wired

It’s Time to Switch to a Privacy Browser

THERE'S A NEW battleground in the browser wars: user privacy. Firefox just made its Enhanced Tracking Protectiona default feature, Apple continues to pile privacy-focused features into its Safari browser, and people are more aware than ever before of the sort of information they can revealevery time they set a
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5 Products That Will Take Off Due To Cloud Growth

Historically, numerous new products, services and job openings accompany successful inventions. Take software development, for example — the niche all but didn’t exist before the advance of PCs. Cloud computing is apparently a successful invention, so it’s reasonable to think that related industries, jobs and of course products will spring up. Here, however, let’s narrow our focus to finished products that are about to become (or are already becoming) very, very popular due to cloud growth.

1. Chromebooks

Chromebook sales are set to triple by 2017, says Gartner. The sales will have increased by 79% in 2014 in comparison to 2013. The sudden upsurge can be explained by the bursting of the so-called netbook bubble, as well as greater demand that could very much spring from the fact that more and more users start realizing they do all but everything on the internet. These cheap notebooks are essentially built for the cloud as Chromebooks depend on cloud-based storage and apps. They’re great for pupils, but businesses looking to streamline their collaborative efforts may be quick to realize that the Chromebook has something in store for them as well.

2. The smart home

Not really a product but rather a set of products, the smart home is the most life-changing technology we’ll see widely adopted within the next few years. A study by Acquity states that, of all ‘Internet of Things appliances’, consumers are most aware of smart, cloud-connected household gadgets like thermostats, fridges or security systems. And you all know what that means: hefty, hefty sales for manufacturers of said gadgets.

consumers-smartphone

3. Software

Software has been around for quite a while. Why would it suddenly ‘take off’, and what would that even mean? Well, it isn’t just “taking off”, it’s becoming different. By moving apps, such as PhotoShop and Autocad, to the cloud, software companies are making these products more and more accessible to smaller businesses and individuals. That in turn means more and more people and businesses will adopt such software. For example, SAP SE, an European enterprise software developer, saw its cloud-generated revenue grow by 52 percent last quarter.

4. CPUs

Moore’s law still holds true. CPUs are getting better (and cheaper) quickly, but there definitely needs to be more of them. While no one can really fathom even an approximate of the computing power demand in the world, it is safe to say it’s growing faster than ever before. Telltale signs include: a huge money influx into cloud computing; the soaring popularity of streaming services; and, of course, the cloud is getting even heavier, with the Internet of Things driving its growth significantly.

5. Wearables, wearables, wearables

This one comes as no surprise as well, does it? In the next five years, fitness wearables and smart watches are to be adopted by some 43 and 25 percent of consumers respectively, says the aforementioned study by Acquicity. However, you can’t really argue with 31 billion devices connected to the cloud in 2020. People are likely to quickly realize the most benefit in exactly these wearables, not least because they aren’t as cutting-edge as Glass–pedometers have been around for quite a while.

By Lauris Veips

Lauris Veips

Lauris Veips is a freelance writer, hailing from cold and distant Latvia. A cloud enthusiast and supporter of anything innovative.

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Libra currently looks more like a fiat currency than a cryptocurrency

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Facebook unveiled a cryptocurrency called Libra yesterday as well as the Libra Association, a not-for-profit that will oversee all things Libra. While Libra’s white paper draws a lot of inspiration from other cryptocurrencies, the current ...
Facebook

Facebook reveals Libra cryptocurrency, with lofty goals

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SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc revealed plans on Tuesday to launch a cryptocurrency called Libra, the latest development in its effort to expand beyond social networking and move ...