Tag: internet of things

Obama on Massive Cyberattack: ‘We Don’t Have Any Idea Who Did That’

The search for perpetrators of last week’s massive cyberattack has begun. While President Obama said “we don’t have any idea who did that” in a talk-show appearance on Monday, Director of National Security James Clapper stated on Tuesday that preliminary evidence suggested it was not the work of a hostile foreign government.

‘Internet of Things’ is Exploding Across California

The “Internet of Things” (IoT) incorporates a dynamic array of technologies that mobilize sensors to monitor environmental conditions and radio-frequency identification RFID tags to facilitate objects interacting with users. California, with its high-tech industry, will lead the nation in IoT deployment.

Homejoy Toilet Paper (Cindy Ord / Getty)

Dumb VC: Homejoy Charges $19 an Hour, Loses $12 an Hour

Uber is now valued at almost $51 billion, a valuation that puts the “on-demand mobile service” (ODMS) leader at the level of Facebook in 2011. The company’s fund-raising success has spurred a vast number of “Uber for X” start-ups that are building corporate empires with legions of outsourced contract workers. But the “gig economy” seems to be operating the same money-losing business model as the “Dot-com Bubble.”