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Newegg made an announcement recently that the online retail site will now start accepting Bitcoins as a method of payment from now on. The company also started a new hashtag '#neweggbitcoin' to gather peoples thoughts and rants about its new payment method.
One can select Bitcoin as a method of payment under its step 2 'billing' options while checking out. Newegg is using 'Bitpay' to process Bitcoin payments as its proven itself to be an industry-leading reliable and scalable option to process such transaction. A buyer can also use the digital wallet stored in their smartphone as it will use the QR code stored in the phone or the link of the digital wallet to proceed with the payment.
Soren Mills, Chief Marketing Officer for Newegg North America said,"Newegg's customers are among some of the earliest Bitcoin miners and are enthusiastic proponents of the crypto-currency. Adopting Bitcoin as a payment method is another way we're responding to our customers' diverse needs". He continued,"Working with BitPay to implement a Bitcoin payment option at Newegg was a seamless process and our partnership gives us the capabilities we require for high-volume e-commerce."
So long then, Orkut - Google's first social network, now ten years old, is officially closing its doors at the end of this September.
Orkut began life in the earlier days of web 2.0, at the time competing with the likes of Myspace. It was incredibly popular in South America, and enjoyed millions of users in its heyday. Now, in a blog post, the social network is saying "tchau". Orkut "helped shape life online before people really knew what social networking was," the post read. "Over the past decade, YouTube, Blogger and Google+ have taken off, with communities springing up in every corner of the world. Because the growth of these communities has outpaced Orkut's growth, we've decided to bid Orkut farewell."
Google plans to keep investing its time in the newer, mentioned networks. But to any users still lurking around, there will be an archive of all public communities - available at the date of Orkut's death late September. Those that don't want their details to be kept online can remove Orkut permanently through their Google+ accounts - where else?
The 2014 World Cup continues to be a major draw for No. 1 social media site Facebook, as the service has seen more than 1 billion posts, likes and comments through the first half of the tournament. In fact, the popular soccer tournament is the most talked-about event Facebook has been a part of - and that tally will only continue to grow.
"People are having conversations on Facebook about what they watch in a really unprecedented scale," said Nick Grudin, Facebook director of partnerships, in an interview with Reuters. "In addition to sharing and connecting with friends, people are engaging in real-time with the media and the public voices they care about most."
Just over one week ago, it was discovered that the World Cup already surpassed the Super Bowl, Sochi Winter Olympics, and Academy Awards in Facebook social interaction combined - topping 141 million likes, comments and shared posts/photos.
The latest version of the Akamai State of the internet report has been published. This is a quarterly look at how the internet is changing around the world and according to the latest issue, internet speeds around the world have increased 24% year over year to 3.9 Mbps.
Akamai believes that given the growth rate we are seeing, during the next quarter average internet speeds around the world will hit 4 Mbps. This report also looks at the countries that have the fastest internet speeds in the world. The fastest connections to be had are offered in South Korea at 23.6 Mbps average.
Japan was in second place with average internet speeds of 23.6 Mbps. The third place spot on the list went to Hong Kong at 13.3 Mbps. Rounding out the top ten, in order, are Switzerland, Netherlands, Latvia, Sweden, Czech Republic, Finland, and Ireland.
Google executives recently visited Havana, Cuba, in an effort to discuss open Internet in the still restrictive nation. A team that included Executive Chairman Eric Schmidt headed to Havana to meet with officials and dissidents, "to promote the virtues of a free and open Internet."
A report published by Freedom House in 2012 said just five percent of the citizens in Cuba have true access to the Internet, with one-fourth of the population using the state-sponsored "Intranet." The country remains one of the least connected nations in the world, with home connections still virtually non-existent - government officials, doctors, engineers, professors, and approved journalists tend to be the only ones with Internet access while in their offices.
Google has become more proactive approach to getting citizens around the world real access to the Internet. Trying to work with Cuba to open up Internet access will be a difficult process, but it's good to see the company at least trying to make strides.
Almost half of all Brits still read printed newspapers to get their fix of current affairs, according to a new study by the UK regulator Ofcom.
Despite the repeated shouting that print is well and truly on its last legs, 40 percent of British consumers still pick up a paper to find out what's going on. But 41 percent of consumers do get the majority of their news from websites and mobile apps.
According to the report, younger generations are driving the shift towards online media - which itself enjoyed a leap in popularity by nine percent between 2012 and 2013. For younger people the growth was even greater, with 60 percent of 16-24 year olds consuming media online or via apps now, compared to 44 percent in 2013. Young people also find mobile and internet apps as the best way to consume news media. But a touch depressingly, one in ten youth said they do not follow the news at all.
After what has felt like forever, Google has announced that YouTube is adding both 48FPS and 60FPS support. Not only is the Mountain View-based giant adding in higher frame rate support, but there are a slew of new goodies coming. The first 60FPS video on YouTube is in Titanfall, but switch to the 1080p stream to enjoy the 60FPS goodness.
This includes a new iOS app called Creator Studio, the aforementioned 48FPS and 60FPS support, 7500 royalty-free sound effects for content creators to use, and a virtual tip jar so you can support your favorite YouTube channels. We should hear more in the coming weeks, but I'm definitely excited about the 60FPS support, what about you?
Now that the European Court of Justice has ruled people have the "right to be forgotten" online, web powerhouse Google has started removing some search results for users on a case-by-case basis.
Following the ruling, Google opened an online platform that allowed users to request they have their data removed. But Google's Al Verney claimed over 50,000 people across Europe had requested they have their information removed, leading to a a backlog. Verney insisted each request needs to be assessed individually. Of course, Google only has the power to scrub its own results, and not content on third party websites. But as the main gatekeeper to the internet it has a lot of power over what users will see when they enter a request.
Google has no plans to make public the details of removed search results, but has suggested that those which are inadequate, irrelevant, or no longer relevant are likely candidates. If a request is rejected, the company will inform the user and detail exactly why, as well as informing them on how to contact their local data protection agency.
Google I/O 2014 - Google took some time out of its important, and feature-packed Google I/O conference to talk about its cloud storage service: Google Drive.
Google Drive is now the cloud home to over 190 million monthly active users. Google Drive is an incredibly important part of Google, something that I've been using and pushing for quite sometime. Google had some interesting numbers to share, with 67 out of 100 start-ups using Google, versus Microsoft Office. When it comes to the Fortune 500 list, 58% of them are using Google services, and education wise, 72 of the top 100 universities have moved over to Google.
Popular social networking site Twitter isn't actively blocking extremist accounts located in Russia, with reports saying that accounts are being blocked. However, Russian officials are receiving guidance on reporting illegal content so it can be blocked, but Twitter isn't removing accounts.
Russia wants to block access to Ukrainian national groups and insurgency groups that communicate and share information via Twitter. The Iraqi government has blocked Twitter and other social media accounts, but the effort has been rather unsuccessful - which is why the Russian government hopes to work directly with Twitter.
"That claim is inaccurate, as we did not agree to remove the accounts," said Nu Wexler, Twitter spokesman said in a statement.