FEATURE
Exploring the BitCoin Mines with Nathaniel Popper
December 21, 2013 | New York Times
On the flat lava plain of Reykjanesbaer, Iceland, near the Arctic Circle, you can find the mines of Bitcoin. Computers are the laborers of the virtual mines where Bitcoins are unearthed. Instead of swinging pickaxes, these custom-built machines, which are running an open-source Bitcoin program, perform complex algorithms 24 hours a day. If they come up with the right answers before competitors around the world do, they win a block of 25 new Bitcoins from the virtual currency’s decentralized network. The work the computers do is akin to guessing at a lottery number.
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How WARF Plans to Stay Relevant in Lean Times for Tech Transfer
December 20, 2013 | Xconomy
Quick, name one of the oldest—if not the oldest—university tech transfer institutions in the country. If your brain automatically took you to a spot in New England or sunny California, think again. It’s the Wisconsin Alumni Research Foundation, or WARF, which was founded nearly 90 years ago in 1925. What would become WARF started when Harry Steenbock, a University of Wisconsin biochemistry professor, discovered a way to increase the vitamin D content of food.
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Defending the Federal Circuit, Again, on Software Patents
December 18, 2013 | IP Watchdog
When it comes to the history of software patents it seems that everyone believes they are an expert. Unfortunately, few in the popular press actually take the time to get the story correct. In fact, there is a popular misconception in media that the Federal Circuit was the court that first authorized software patents. I have dealt with this nonsense in the past, and now have to deal with it once again. None other than the Wall Street Journal has published an article on the topic that is simply fiction.
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Go Easy on MOOCs
December 19, 2013 | Inside Higher Ed
In a report released on Wednesday, the council of engineers and scientists recommends the federal government not interfere with vendors and providers experimenting with massive open online courses and other forms of distance education. That message extends further to accreditors, which are encouraged to waive some of the standards required of institutions seeking approval for traditional programs.
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SEC Unveils Plan to Spur More Public Stock Offerings
December 18, 2013 | Reuters
Start-up companies will be able to raise much more capital through certain public stock deals without facing costly regulatory burdens under a proposal announced by U.S. securities regulators. The Securities and Exchange Commission's plan is the last major outstanding rule requirement from the Jumpstart Our Business Startups Act, a 2012 law that eases regulations to help small businesses raise capital and go public. It would update a rule on the books known as "Regulation A," a measure intended to spur capital-raising by exempting certain public offerings from SEC registration requirements.
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