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Tech`s news

By Nate Raymond NEW YORK (Reuters) - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. Shrem, the former vice chairman of the Bitcoin Foundation, will plead guilty next Thursday in New York federal court to unlicensed money transmission, Marc Agnifilo, his lawyer told Reuters in an email. Prosecutors had previously charged Shrem with operating an unlicensed money transmitting business, money laundering conspiracy and failing to file suspicious activity reports with government banking authorities. Federal authorities shut down Silk Road last year, though a new Internet marketplace under the same name was launched in November. more...


(Reuters) - Digital Ally Inc forecast full-year revenue of about $22.5 million, encouraged by a "five-fold" rise in inquiries for its wearable cameras from police departments in the aftermath of the fatal shooting in Ferguson this month. The fatal shooting of an unarmed black teenager in Ferguson, Missouri, sparked demand to hold law enforcement officials accountable and in turn fueled interest in companies such as Digital Ally and Taser International Inc. The company's 2014 revenue forecast was first reported by USA Today on Thursday, citing Chief Executive Stanton Ross, according to a regulatory filing on Friday. Digital Ally said on Thursday it had received its first camera order after the Ferguson incident from the Michigan police department. more...


By Jonathan Stempel NEW YORK (Reuters) - A judge on Friday lifted a suspension on her order directing Microsoft Corp to turn over a customer's emails stored overseas to U.S. Microsoft in particular was stung by revelations last year by former National Security Agency contractor Edward Snowden and has been at pains to prove to customers that it does not allow the U.S. Preska had delayed enforcement of the government's search warrant so Microsoft could appeal. Preska agreed, saying her order "merely confirmed the government's temporary forbearing of its right to stay enforcement of the order it secured." She added that "the fact the court has not closed this case cuts against Microsoft's argument" that her order was final and appealable. more...


By Noel Randewich SAN FRANCISCO (Reuters) - Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at rival Qualcomm Inc , to step up efforts in mobile and Internet-connected gadgets. Hiring a senior executive from a major competitor is rare for Intel, which is known in Silicon Valley for its insular culture, and it reflects the eagerness of the Santa Clara, California, chipmaker to improve its struggling mobile business. Faintuch, who previously oversaw Qualcomm's networking and connectivity businesses as president of Qualcomm Atheros, is joining Intel as a senior vice president and co-general manager of the Platform Engineering Group, Intel spokesman Chuck Mulloy said on Friday. more...


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