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Archivo del Autor: Belen De Leon

Cryptocurrency’s bad day continues as the SEC blocks Telegram’s $1.7 billion planned token sale

Cryptocurrency’s bad news day continues to get worse as the U.S. Securities and Exchange Commission has said it has filed an emergency action and received a restraining order for the $1.7 billion planned token offering of Telegram’s blockchain.

The move from the SEC follows the continued dissolution of the corporate alliance that was supporting Facebook’s planned Libra cryptocurrency.

Telegram’s ambitious founder Pavel Durov was hoping to launch the Telegram Open Network as a payment option that would exist apart from the global regulatory system in much the same way that Libra would have done, according to initial TechCrunch reporting.

While the Telegram offering had been in the works since January 2018, it had run into problems by the middle of last year and the future of the protocol was already in jeopardy.

According to the SEC complaint, Telegram Group and its TON Issuer subsidiary began raising capital in January 2018 to finance the company’s business, including the development of the TON blockchain and Messenger .

The defendants sold 2.9 billion tokens at discounted prices to 171 initial investors, including more than 1 billion of the company’s tokens to 39 U.S. buyers.

Telegram said it would deliver the tokens to the purchasers by no later than October 31, 209 and the purchasers would be able to sell them into the market. According to the SEC complaint Telgram failed to register their offers and sales of the tokens, which the SEC considers to be securities.

“Our emergency action today is intended to prevent Telegram from flooding the U.S. markets with digital tokens that we allege were unlawfully sold,� said Stephanie Avakian, Co-Director of the SEC’s Division of Enforcement, in a statement. “We allege that the defendants have failed to provide investors with information regarding Grams and Telegram’s business operations, financial condition, risk factors, and management that the securities laws require.�


Source: TechCrunch

Tropical Storm Melissa's phallic shape has jokes on the rise – CNET

Is that a real storm, or are you just happy to see me?
Source: CNET

Why it might have been time for new leadership at SAP

SAP CEO Bill McDermott announced he was stepping down last night after a decade at the helm in an announcement that shocked many. It’s always tough to measure the performance of an enterprise leader when he or she leaves. Some people look at stock price over their tenure. Some at culture. Some at the acquisitions made. Whatever the measure, it will be up to the new co-CEOs Jennifer Morgan and Christian Klein to put their own mark on the company.

What form that will take remains to be seen. McDermott’s tenure ended without much warning, but it also happened against a wider backdrop that includes other top executives and board members leaving the company over the last year, an activist investor coming on board and some controversial licensing changes in recent years.

Why now?

The timing certainly felt sudden. McDermott, who was interviewed at TechCrunch Sessions: Enterprise last month sounded more like a man who was fully engaged in the job, not one ready to leave, but a month later he’s gone.

But as McDermott told our own Frederic Lardinois last night, after 10 years, it seemed like the right time to leave. “The consensus was 10 years is about the right amount of time for a CEO because you’ve accomplished a lot of things if you did the job well, but you certainly didn’t stay too long. And if you did really well, you had a fantastic success plan,” he said in the interview.

There is no reason to doubt that, but you should at least look at context and get a sense of what has been going in the company. As the new co-CEOs take over for McDermott, several other executives including SAP SuccessFactors COO Brigette McInnis-Day, Robert Enslin, president of its cloud business and a board member, CTO Björn Goerke and Bernd Leukert, a member of the executive board have all left this year.


Source: TechCrunch

Samsung's Atmos soundbar offers big sound, fewer boxes video – CNET

The Samsung HW-Q70R is a Dolby Atmos soundbar system that gives an exceptional performance of your movie collection.
Source: CNET

Alexa now speaks Spanish, including in multi-lingual mode

At Amazon’s hardware event last month in Seattle, the company announced plans to launch multi-lingual modes for its Alexa devices in the U.S., Canada, and India, where the smart voice assistant would be able to speak a combination of English and Spanish, French and English, and Hindi and English, respectively. Today, Amazon says the multi-lingual mode for U.S. speakers is officially live across the country, allowing users of both Echo and Alexa-powered devices to switch between Spanish and English. Alexa can also be set to speak only Spanish in the Alexa app settings.

The new support also means developers can build skills for the platform that target Spanish language speakers.

The experience introduces a new Spanish voice for Alexa, plus local knowledge, hundreds of Spanish skills including those form Univision and Telemundo, and more.

To use Alexa in Spanish mode, U.S. users will be able to toggle to “Español (Estados Unidos)” in the Alexa app. They can then speak to Alexa in Spanish to get news, weather, control their smart home devices, set reminders, and launch skills.

However, the more interesting addition is the multi-lingual mode option, which allows customers to seamlessly switch between Spanish and English.

For example, you could ask Alexa in English for the weather, and she’ll reply in English. But if you speak in Spanish, she replies in Spanish. This makes the device more useful in multi-lingual households where a mix of both languages is spoken.

To complement the new Spanish-language support, Amazon Music listeners in the U.S. will be able to ask Alexa for several newly launched Latin music playlists in U.S. Spanish, including Sin Filtro (urban artists), Tierra Tropical (bachata, salsa, cumbias), Puro Reggaeton, and Fierro Pariente (Regional Mexicano).

Amazon said the other multi-lingual modes for Canada and India (French and Hindi, combined with English), will also be available, but didn’t say when they would be fully rolled out.

 


Source: TechCrunch

Need a new tablet? Here are the best Apple iPad deals for October 2019

In the wide world of tablets, Apple is still the king. If you’re on team Apple and just can’t live without iOS, we curated an up-to-date list of all of the best iPad deals.
Source: Digital trends

Eliud Kipchoge Is Set to Break the 2-Hour Marathon Barrier

On Saturday, the best marathoner on earth could make history on a straight, flat course, aided by controversial shoes and a phalanx of 41 pacers.
Source: Wired

Dune Pro Chassis clones Apple’s Mac Pro design without the hefty price tag

A Kickstarter campaign for the new Dune Pro chassis begins in late October. This case clones the design of Apple’s upcoming Mac Pro. Pricing is unknown for now.
Source: Digital trends

Silicon Valley Cynicism in the Age of Trump and Zuckerberg

The new reality is all too clear and corrosive: The world is a ceaseless battle for dominance in which you take advantage of anyone foolish enough to trust you.
Source: Wired

The next Windows 10 update launches in November. Here’s what to expect

Microsoft has announced the official name and release schedule for the next update of Windows 10 — code-named 19H2. Now dubbed the Windows 10 November 2019 Update, it will be coming to PCs everywhere in November.
Source: Digital trends

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