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Mt. Gox applies for bankruptcy: Ars Technica reports Mt. Gox applied for bankruptcy protection in Japan, claiming debt of about $63.6 million, with assets of just more than half that. CEO Mark Karpeles reportedly appeared at a press conference bowed in contrition and apologized in Japanese. A bankruptcy supervisor will develop a restructuring plan for the company.
Tim Cook says Apple sold $1 billion worth of Apple TV devices: Reuters reports Apple CEO Tim Cook told investors at a shareholder meeting Friday that Apple sold $1 billion worth of Apple TV devices last year. Cook even got extremely close to telling a joke, for him, saying “It’s a little more difficult to call it a hobby these days.” Oh Tim, you kidder.
Netflix internal hackathon produces dream product: TechCrunch has a story about Netflix’s internal hackathon producing some amazing mods for the video service. One monitors data from a fitbit to tell when you’re asleep and pauses your show for you. Another let you build multiple playlists for a lean back experience. Radial was a faster input keyboard for use on game consoles. And Beam let visitors temporarily use your Netflix account on their devices, then logged them off when they left your house. Sadly Netflix noted that the hacks might never become official part of the Netflix product. Might. So you’re saying there’s a chance!
News From You
uscwaller pointed us to the story on TorrentFreak that Creative Commons co-founder Lawrence Lessig prevailed over Liberation Music and will receive damages in his fair use fight. In a talk on Fair Use in 2010, Lessig used a clip of people dancing to a song by Phoenix as an example. A video of the talk was taken down from YouTube after a DMCA notice was issued by Liberation Music, the band’s label. Lessig fought the removal and sued Liberation Music. The two entities have settled and Lessig will receive an undisclosed sum for the damages the label caused with the wrongful takedown. Liberation admitted in a statement it agrees that Lessig was making fair use of the music.
uscwaller got a twofer in NFY today pointing us to the Wired Article about drone cargo ships. Rolls Royce is developing unmanned vessels to move the world’s cargo around. Along with robots in the warehouse and self-deicing trucks, the entire supply chain could soon be automated and human-less.
Kylde submitted a T3 post about Virgin media upgrading the speeds of its 12.5 million UK customers. Those who have the 120Mbps package will get 152Mbps while those on the 30Mbps plan have been bumped up to 60 and those on the 60 plan bumped up to 100. Yeah that’s right you just get more speed without asking. That’s this ISP’s response to people using more bandwidth. Well done Virgin Media.
And KAPT_Kipper submitted a GeekWire article about Amazon having more talks with record company execs about creating a streaming music service. Amazon already provides a cloud music locker but not a service like Spotify or Rdio. Recode’s sources seem to think this time the talks are quite serious and a deal could get done.
Discussion Section Links: Trustycon, Tor & Netflix/Comcast
Pick of the Day: Automatic
Automatic is like a fit bit for your car! It plugs into your car’s ODB port and connects via BTLE to your smartphone (Android or iOS).
The app gives you feedback on your driving (I now know it costs me $5 in gas to get to work in the morning), saves where you park on a map so you don’t get lost in the parking lot, tells you what’s wrong when the check engine light comes on and will even call 911 for you if you are in an accident.
On top of all that, they’ve recently added iBeacon support (which doesn’t mean a lot now, but in the future can do stuff like let you in and out of your parking garage or even pay at a drive-through apparently) and, as of today, IFTTT support (finally I can stop getting in trouble for forgetting to text my wife when I’m on my way home from work, or, alternatively, I can use it to do things like turn off the lights when I leave home.) – Dr. Karl, forever resident of BuzzTown.