U.S. to auction $1.6 million of bitcoin from various cases

2016-08-08 21:02:49

NEW YORK The U.S. government said on Monday it plans to auction over 2,700 bitcoins that were forfeited during several cases, several of which stemmed from investigations of the online black market known as Silk Road.The U.S. Marshals Service said that the online auction would be held on Aug. 22, and that potential bidders must register by Aug. 18. The bitcoin are worth about $1.6 million, according to the Bitstamp exchange.The auction is the latest by the Marshals Service of the digital currency. It completed four prior auctions from June 2014 to November 2015 of bitcoins seized during the prosecution of Ross Ulbricht, who authorities say ran Silk Road.His case is one of nine criminal, civil or administrative matters from which the Marshals Service said the 2,719 bitcoins had been forfeited and are subject to the latest auction. Ulbricht, 32, was sentenced in May 2015 to life in prison after being convicted for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales through Silk Road using bitcoin. He is appealing.Only about 2.8 bitcoins in the latest auction came from Ulbricht's case, the Marshals Service said. The bulk of the bitcoins in the auction, 1,294, came from a civil forfeiture case related to a Silk Road drug dealer, Matthew Gillum, who was sentenced in 2015 to nine years in prison, the Marshals Service said.It said another 65 bitcoins came from the case of Carl Force, a former U.S. Drug Enforcement Administration agent who was sentenced in October to 78 months in prison for stealing bitcoins during the Silk Road investigation. The agency said another 664 bitcoins came from the case of Sean Roberson, a Florida man who prosecutors said created an online shop for selling counterfeit credit and debit cards. He was sentenced in November 2015 to 78 months in prison. (Reporting by Nate Raymond in New York; Editing by Bernadette Baum and Frances Kerry)

Judge voids VirnetX's $625.6 million Apple verdict; VirnetX plunges

2016-08-02 00:48:12

A federal judge has thrown out a verdict requiring Apple Inc (AAPL.O) to pay VirnetX Holding Corp (VHC.A) $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX's share price to plunge.VirnetX shares were down $1.93, or 44.6 percent, at $2.40 in Monday morning trading, after earlier falling to $2.14.In a decision late Friday, U.S. District Judge Robert Schroeder in Tyler, Texas said it was unfair to Apple that two VirnetX lawsuits had been combined into a single trial.He said jurors may have been confused by more than 50 references to the earlier case, though it contained "incredibly similar" issues, and deferred improperly to the prior jury's findings when it found Apple's liable for willful infringement."The repeated references to the prior jury verdict in the consolidated case resulted in an unfair trial," Schroeder wrote. He ordered that both cases be retried separately, with the first trial beginning on Sept. 26.VirnetX is a Zephyr Cove, Nevada-based company that derives most of its revenue from licensing patents.It accused Cupertino, California-based Apple of infringing patents used in products including FaceTime and iMessage. The $625.6 million verdict announced in February was one of the highest in a U.S. patent case."We are disappointed," VirnetX Chief Executive Kendall Larsen said in a statement on Monday. "We are reviewing all our options and will follow the court's direction as we start preparing for these retrials."Apple did not immediately respond to a request for comment. Many patent cases are handled in the Texas court, which has a reputation for awarding favorable verdicts to plaintiffs alleging infringement.VirnetX had been assigned the four patents by Science Applications International Corp in 2006, court papers show.The case are VirnetX Inc v. Apple Inc, U.S. District Court, Eastern District of Texas, Nos. 10-00417 and 12-00855. (Reporting by Andrew Chung and Jonathan Stempel in New York; Editing by Bernadette Baum)

Solar plane takes off from Egypt on final leg of world tour

2016-07-26 03:33:35

CAIRO An aircraft powered by solar energy left Egypt on Sunday on the last leg of the first ever fuel-free flight around the globe.Solar Impulse 2, a spindly single-seat plane, took off from Cairo in darkness en route to Abu Dhabi, its final destination, with a flight expected to take between 48 and 72 hours. The plane, which began its journey in Abu Dhabi in March 2015, has been piloted in turns by Swiss aviators Andre Borschberg and Bertrand Piccard in a campaign to build support for clean energy technologies."The round the world flight ends in Abu Dhabi, but not the project," Piccard told Reuters a few days before takeoff. Solar Impulse flies without a drop of fuel, its four engines powered solely by energy collected from more than 17,000 solar cells in its wings. It relies on solar energy collected during the day and stored in batteries for electrical energy to fly at night.The carbon fiber plane, with a wingspan exceeding that of a Boeing 747 and the weight of a family car can climb to about 8,500 meters (28,000 feet) and cruise at 55-100 kph (34-62 mph). "The project is a big promotion of clean technologies around the world and the legacy of Solar Impulse is the created international community," Piccard said.Last week, the solar-powered aircraft landed in Egypt for on its penultimate stop. The flight's takeoff from Egypt to the United Arab Emirates was delayed due to a heatwave in Saudi Arabia. "I started to dream about this project 17 years ago in 1999 when I finished my hot-air balloon landing in Egypt, so 17 years later I take off where the balloon landed," Piccard said. (Editing by Jeremy Gaunt)

MuleSoft: Using a Groovy Component

2016-07-19 11:09:05

While working with MuleSoft, we would often like to pause process execution for while and continue later. Normally in Java, we can use the sleep() method to achieve that. But with Mule, the Groovy component has the answer.Sample Use CaseLet's consider a flow where a file component will poll files from a particular location and will push them to specified target location. We would like to hold the file for a particular interval (say three seconds) and then push it outbound.ImplementationWe can achieve that by using the Groovy component, followed by implementating the sleep method within it. 1. First, create a Mule project followed by a flow-apstartFlow1.2. Add and configure the file component as inbound and outbound. Add a Groovy component between the two file components:3. Add a script in the Groovy configuration:4. Save and run the application.5. The console log will contain the message specified in the script:Note: I have used Mule runtime 3.8 while taking the screenshots.So, with that, we have seen that the Groovy component is useful for implementing some custom business requirements.

Tesla crash raises stakes for self-driving vehicle startups

2016-07-12 08:44:17

DETROIT/SAN FRANCISCO Concerns raised by the first reported fatality in a semi-automated car were expected to speed adoption of more sensitive technology to help vehicles see and drive themselves safely, increasing demand on the emerging autonomous vehicle technology industry, investors and analysts said.Goldman Sachs forecasts the market for advanced driver assistance systems and autonomous vehicles will grow from about $3 billion last year to $96 billion in 2025 and $290 billion in 2035. More than half of that revenue in 20 years, Goldman estimates, will come from radar, cameras and lidar, a sensor that uses laser – all tools considered essential to building vehicles that can pilot themselves.The May 7 death of Ohio technology company owner Joshua Brown in a Tesla Motors Inc (TSLA.O) Model S while the car's semi-automated Autopilot system was engaged highlighted the limitations of current automated driving systems.Tesla’s Autopilot system uses cameras and radar, but not lidar. The company said its system would have had trouble distinguishing a white semi-trailer positioned across a road against a bright sky.Industry executives and analysts told Reuters they expect the Tesla crash will spur investment in self-driving vehicle systems that combine multiple of sensors, including lidar."As we move to a higher level of autonomy in vehicles, you’re going to want to have more redundancy," which radar and lidar can provide, Dan Galves, senior vice president at vision safety system maker Mobileye NV(MBLY.N) , said in an interview. "The more sensors, the better."Carmakers have been using multiple sensors in prototypes that are in testing but not yet ready for market. A variety of technologies with overlapping capabilities is seen as a way to increase safety under a wider range of circumstances.The valuations of some self-driving startups "may even increase if there are companies that can solve some of the issues" the Tesla accident raised, said Quin Garcia, managing director of AutoTech Ventures, a Silicon Valley investment firm.Semi-automated systems such as General Motor Co's (GM.N) SuperCruise and Traffic Jam Pilot from Volkswagen AG's (VOWG_p.DE) Audi are due on the market in 2017-2018. Ford Motor Co(F.N) expects to deploy a semi-automated system, using Velodyne lidar, in 2018. Toyota Motor Corp(7203.T), which is investing more than $1 billion in such self-driving technologies as robotics and artificial intelligence, said it aims to put fully driverless cars on the road in time for the 2020 Tokyo Olympics.Delphi Automotive PLC (DLPH.N) plans to build lidar vision systems with technology from Quanergy Systems, which makes solid state lidar systems. Delphi plans to combine information from the lidar system with radar and other driver assistance technology to create a 360-degree view around a car, a company official said. Delphi has an investment in Quanergy, one of more than 50 self-driving startups that together have raised more than $800 million in investment capital in the past decade, according to a Reuters analysis of publicly available data.At least two of those startups - Quanergy which makes solid state lidar sensors, and Zoox, which is developing fully automated vehicle systems - have jumped in value to more than $1 billion each since GM's $1.2-billion acquisition earlier this year of another self-driving startup, Cruise Automation.Quanergy and Zoox hope to follow the lead of Mobileye, an Israeli supplier of vision-based safety systems to 25 global automakers, including Tesla. Co-founded in 1999 by a computer science professor at Hebrew University, Mobileye went public in 2014 and today is valued at nearly $10 billion.Mobileye plans by 2020 to offer a hardware/software system that can gather, fuse and analyze data from 20 different sensors, including cameras, lidar and radar. The company's new EyeQ5 "system on chip" will be a key component in a fully autonomous driving system that is being jointly developed with BMW AG (BMWG.DE) and Intel Corp (INTC.O) and is aimed at production in 2021.Like Mobileye, Velodyne, a leading supplier of laser-based lidar systems, works with many of the world’s top automakers, including Ford, GM, BMW, Toyota Honda Motor Co(7267.T) and Daimler AG’s (DAIGn.DE) Mercedes-Benz."Our clients want to (combine) lidar and cameras," Velodyne's Marta Hall, president of business development, told Reuters in an interview. Automakers are stepping up orders as lidar systems come down in size and price, she said. Among the potential beneficiaries of this growing interest is LeddarTech, a relatively young startup based in Canada's Quebec City. The company is providing LED-based lidar systems to French supplier Valeo (VLOF.PA), which also buys vision-based systems from Mobileye.Germany's Robert Bosch, which has been developing self-driving components and systems for more than 15 years, buys lidar from an unnamed Tier II supplier and intends to package it in a highly automated “highway pilot” system intended for series production in 2020, said spokesman Tim Wieland."Bosch sees the necessity for a sensor setup that includes radar, video and lidar," Wieland said. The three sensors "complement each other very efficiently."REGULATION AND LITIGATION WILD CARDS Regulation and litigation are two big wild cards for the autonomous driving sector.Safety regulators and industry executives have said self-driving cars ultimately could slash traffic fatalities – about 35,000 last year in the United States and more than 1.2 million globally - by up to 90 percent. But regulators are also concerned that drivers could be lulled into unsafe behavior by systems that take control for a time, but expect human operators to re-take command in an emergency.The National Highway Traffic Safety Administration is investigating the role of Autopilot in the Florida accident and another crash in Pennsylvania involving a Tesla vehicle. The agency also is expected to roll out this summer broad guidelines for deploying autonomous vehicle technology."I hope NHTSA does not overreact" to the crash, said Stefan Heck, co-founder of Nauto, another Silicon Valley self-driving startup with corporate backing. "The tradeoff is quite clear: Some safety improvement is better than none."Product liability for automated vehicles is uncharted territory. The U.S. Transportation Department has said an automated driving system could be considered the "driver" for regulatory purposes.Industry executives are betting that consumer interest in the technology will rise.A survey conducted by AlixPartners in June - before the Tesla accident was reported publicly - found that 90 percent of respondents would be interested in a self-driving car that would let the driver take the wheel from time to time. The same survey noted that nearly 80 percent of respondents would pay for the technology - including 10 percent who would spend up to $5,000.The favorable response rates are much higher than in previous surveys on self-driving technology.News of the Tesla crash "is not going to put too much of a dent in public perception" of self-driving cars, said AlixPartners' Mark Wakefield. (Reporting by Paul Lienert in Detroit and Alexandria Sage in San Francisco; Editing by Joe White and Lisa Girion)

Older Post
Counter Strike 1.6 bientôt porté sur Android
U.S. Commerce Department to place restrictions on China's ZTE
Twitter lawsuit partly dismissed over U.S. information requests