Day: October 13, 2020

McAfee Sets Terms of IPO, Hoping to Raise Up to $682 Million

McAfee, the cybersecurity company founded by tech eccentric John McAfee, has set the terms for its initial public offering, hoping to raise as much as $682 million in a deal that could value the company at $3.64 billion.

McAfee, based in San Jose, plans to sell 37 million shares at a price of $19 to $22 each. The stock will trade on Nasdaq, with the ticker symbol MCFE, the company said in an SEC filing.

Of the 37 million shares, 30,982,558 will come from the company and 6,017,442 from existing stockholders. McAfee expects to have 165.44 million Class A shares outstanding after the IPO.

In the six months through June 27, McAfee posted profit of $31 million, swinging from a loss of $146 million in the year-earlier period. Revenue rose 9% to $1.4 billion from $1.29 billion.

John McAfee founded McAfee Associates in 1987 and ran it until 1994, when

Read More

WEBINAR: A New Day in Court: Technology and the Legal System

SEATTLE, Oct. 13, 2020 /PRNewswire/ — ABC Legal Services will be holding a free webinar online Wednesday, October 28, 2020 at 11:30 a.m. PDT | 2:30 p.m. EDT called, “A New Day in Court: Technology and the Legal System.”  Those interested can register for the free webinar here: https://bit.ly/374SVZ8

Join ABC Legal Services for an in-depth look at how technology can help legal professionals improve access to the judicial system, as well as increase efficiency and effectiveness of day-to-day operations. The 1-hour webinar will also provide viewers with insight on:

  • How technology expands on services and quality you provide to customers.
  • How to improve overall efficiency and document management through smart technology use.
  • The importance of instilling trust and confidence with clients through technology.
  • Current trends and easy to adapt applications in legal technology.

As repercussions of the COVID-19 pandemic continue to unfold in the justice system, the expansion

Read More

New iPhone 12 ‘will not come with a charger or headphones’, Apple says

Apple has confirmed that its latest iPhone 12 will not come with a power adapter or headphones in the packet at a launch event streamed online today. 



logo: The new phone will not come with a charger (Apple)


The new phone will not come with a charger (Apple)

The move is designed to help the environment, with Apple claiming it will remove two million metric tons of carbon emissions per year. 

Apple said in a press release that the move would result in “reducing carbon emissions and avoiding the mining and use of precious materials, which enables smaller and lighter packaging, and allows for 70 percent more boxes to be shipped on a pallet.”

The new phone will come in a much thinner box as a result, Apple revealed. 

The phone will still come with a USB-C to Lightning charging cable, but will no longer have the wall adaptor.

Read more: Apple’s new iPhone SE offers most of the features at

Read More

Homeland Security Funds 5 New Projects Exploring Blockchain Technology

The Homeland Security Department tapped one U.S.-based and four international blockchain companies to explore the emerging, record-keeping technology’s potential to help refresh how the agency conducts operations.

The five startups were selected to receive phase I awards amounting to more than $800,000 collectively through the DHS Science and Technology Directorate’s Silicon Valley Innovation Program, or SVIP. Their work could eventually lead to the potential production of a Social Security number alternative that won’t divulge personally identifiable information, extend the agency and its subcomponents’ visibility into multiple supply chains—and more. 

Homeland Security leverages SVIP to invest in technological solutions that can be rapidly prototyped, and holds promise to modernize its own capabilities. Blockchain is a contemporary technology that tracks, records and authenticates information and transactions. Recognizing the burgeoning tech’s potential to transform its internal pursuits, the department launched a “Preventing Forgery and Counterfeiting of Certificates and Licenses” solicitation in 2018 calling

Read More

Dropbox is letting all employees work-from-home permanently

  • Dropbox just announced it will allow all employees to work from home permanently. 
  • The company initially ordered staff to work from home in March, during the initial outbreak of COVID-19 in the US.
  • The company plans to convert its existing offices to coworking spaces to aid in team-building and collaborating.
  • Twitter and Atlassian have also allowed all employees to permanently work from home.
  • Visit Business Insider’s homepage for more stories.

Dropbox is going remote — permanently. 

The cloud storage company announced Tuesday it will allow all employees to work from home going forward. The shift comes after an internal survey found nearly 90% of Dropbox workers said they are more productive at home.

“Starting today, Dropbox is becoming a Virtual First company,” the company said in a blog post. “Remote work (outside an office) will be the primary experience for all employees and the day-to-day default for individual work.”

Dropbox

Read More

What 5G means for your next smartphone

CLOSE

OK, let’s be honest. Up until now, it’s all just been a warmup. But with the launch of Apple’s first ever 5G-capable iPhone – the iPhone 12 line – 5G is really here.

In truth, 5G service and 5G phones for consumers officially launched last year in the U.S., but the initial efforts from all three major U.S. carriers, AT&T, T-Mobile and Verizon, were very limited. Things started picking up this year, as Samsung and other vendors unveiled a wide range of 5G-capable phones, and both T-Mobile and AT&T turned on nationwide 5G service.

Now, however, with Apple finally jumping in and Verizon announcing their nationwide 5G service at the Apple event, the 5G era is most definitely upon us. So, the obvious question is, what does that really mean?

The short answer is faster and more reliable download speeds for all the applications and services we know and

Read More

China hands out $1.5m of digital currency in cashless society trial

  • Authorities in Shenzhen, southern China, have handed out $1.5 million of a new digital currency as part of a trial of a cashless society.
  • Last Friday authorities gave 50,000 lottery winners the equivalent of $30 each to spend digitally by October 16, the state-run China Daily reported Monday.
  • The digital currency is not like a cryptocurrency, and is issued and controlled by China’s central bank, the People’s Bank of China.
  • The PBoC said it plans to formally launch the digital payment system in late 2020, according to the BBC.
  • Visit Business Insider’s homepage for more stories.

A Chinese city has handed out 10 million yuan, or $1.5 million, in digital currency to trial what citizens would do in a cashless society.

On Friday, 50,000 people living in the Luhou district of Shenzhen were given digital “red envelopes,” each containing around 200 yuan ($30) worth of the digital currency, the state-run

Read More

Apple Launches iPhone 12 Line With 5G Speeds, New Screens

(Bloomberg) — Apple Inc. unveiled its latest range of iPhones, a product line that Wall Street expects will kick off a new cycle of sales growth for the world’s largest technology company.

Loading...

Load Error

At a virtual event on Tuesday, the company showed off the iPhone 12 in black, red, blue, green and white with a 6.1-inch screen. It starts at $799. A smaller version, the iPhone 12 mini, costs $699. The phones use aluminum sides.

There’s also an iPhone 12 Pro, starting at $999 and a iPhone 12 Pro Max that costs at least $1,099, both with stainless steel edges. The Max has a 6.7-inch (17 cm) screen, Apple’s largest ever, while the regular Pro has a 6.1-inch display. They come in blue, gold, graphite or silver.

Some analysts praised Apple’s pricing strategy, especially the $699 mini handset which may entice users with older, smaller iPhones to upgrade.

“The

Read More

Ultrafast fiber laser produces record high power

lasertag
Credit: Pixabay/CC0 Public Domain

Researchers have developed an ultrafast fiber laser that delivers an average power more than ten times what is available from today’s high-power lasers. The technology is poised to improve industrial-scale materials processing and paves the way for visionary applications.


Michael Müller, a Ph.D. student of Prof. Jens Limpert from the Friedrich Schiller University’s Institute of Applied Physics and the Fraunhofer Institute of Institute for Applied Optics and Precision Engineering in Jena, Germany, will present the new laser at the all-virtual 2020 OSA Laser Congress to be held 12-16 October. The presentation is scheduled for Tuesday, 13 October at 14:30 EDT.

High power without the heat

In lasers, waste heat is generated in the process of light emission. Laser geometries with a large surface-to-volume ratio, such as fibers, can dissipate this heat very well. Thus, an average power of about 1 kilowatt is obtained from today’s high-power

Read More

Best Prime Day Laptop Sales: Dell, Samsung, & MacBook deals

Digital Trends may earn a commission when you buy through links on our site.

The best laptop sales for Prime Day are on Apple MacBooks and Chromebooks

Amazon Prime Day deals have landed with some of the deepest discounts you’ll see this year on everything from Chromebooks to gaming laptops. If you’ve been waiting for these big post-summer 2020 sales to find some hot Prime Day MacBook deals or a discounted Microsoft Surface laptop, now is the time to make your move before Black Friday comes in November.

We’ve gone ahead and rounded up all of the best laptop deals going on right now, and be sure to bookmark this page and check back every hour as we update this list over the next couple days with the latest and greatest deals from Best Buy, Amazon, Walmart, Dell, and other retailers — and better yet, most of these bargains aren’t

Read More