Tuesday, 15 April 2014

Australia gets its first Bitcoin ATM

Australia gets its first Bitcoin ATM
Although the digital currency is facing some troubles, ABA Technology has today opened Australia's first Bitcoin ATM in Sydney.
Located in Westfields shopping centre on Pitt Street Mall in Sydney CBD, the Bitcoin ATM, which looks like any other ATMe ATM, will allow users to buy and sell the crypto-currency, or exchange it for cash.
Of course, you'll need to have a current Bitcoin wallet in order to use the ATM, and all first time users will need to register on the ATM as well to be able to use the machine.

Struggling currencies

The Bitcoin ATM launch in Sydney comes amid news that the National Australia Bank (NAB) will be closing the accounts of businesses who primarily trade in crypto-currencies, including Bitcoin, in early May.
Earlier this year, the biggest Bitcoin exchange in the world MtGox filed for bankruptcy.
However, despite all of this, the company behind the launch of the ATM today, ABA Technology (or Australian Bitcoin ATMs), has plans to launch hundreds of Bitcoin ATMs across Australia over the coming years, with a Melbourne ATM set to open in a few weeks time.
  • Are you eager to use the Bitcoin ATM? Are you still confused about what this crypto-currency are? Here is Bitcoin and crypto-currencies explained

Does Facebook want to be the new Paypal?

Does Facebook want to be the new Paypal?
Facebook could be badgering you to send your friends money in the next few weeks as rumour has it that the social network is planning to launch a Paypal-like service.
The Financial Times reports that the company is "weeks" away from getting the go-ahead from the authorities in Ireland to allow it to hold money and send it between Facebookers.
The paper also says that three British firms that run money transfer apps have been in talks with the 'Book, suggesting it's going after mobile payments too.

Transfer window

All of this points to a possible European money transfer service, but whether it will extend to the US and beyond is another story.

Gartner's 10 Technologies That Make Government Smarter


2014-14-April-SS-TechBlackboard.jpg
You may think it’s an oxymoron, but Gartner say it is possible to have a smart government. The temptation to be facetious is pretty strong here, but after initial skepticism, we found that what Gartner was talking about is 10 different technologies that can make government more efficient.
Smart governments, Gartner says, are governments that integrate information, communication and operational technologies across multiple domains, process areas and jurisdictions to generate “sustainable public value.”
By using these emerging technologies, which were identified at the recent Gartner Sumposium/ITxpo in Dubai, the taxpayers should get some bigger bangs for their bucks.

75% of new recruits lack critical project management skills


India is projected to need almost 400,000 new project professionals in project-oriented industries every year till 2020, says Raj Kalady, Managing Director, Project Management Institute (PMI) India.

Edited excerpts from the interview:

What are the key features of project management?

The development of software for an improved business process, the construction of a building or bridge, the relief effort after a natural disaster, the expansion of sales into a new geographic market — all are projects. Project management is the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals.

Project management knowledge draws on ten areas:

5 Can't-Miss Apps: Dropbox's Carousel and More


Carousel-app-hands-on-31Between all the Heartbleed revelations, and figuring out which passwords you now need to change, you may have overlooked some of this week's best new apps.
Luckily, Mashable creates a roundup each weekend of our favorite new and updated apps, so you won't miss out.
See also: Hands On With Carousel: Dropbox's New Photo-Organization App
This week's list includes Dropbox's new photo-organization app, the first Family Guy mobile game and an app to prevent jet lag.
Check out the gallery, above, to see all the apps that made our list of top picks. And if you're looking for more, check out last week's edition of can't-miss apps.

Heartbleed to hack ecommerce


The impact of Heartbleed is huge as many security pros use the secure socket layer/transport layer security (SSL/TLS) protocol to encrypt sensitive information transmitted between web servers and Internet browsers to secure eCommerce, banking, healthcare, and other high-risk transactions. Below are the recommendations- 'how to' for organizations to fix a broken OpenSSL implementation.

Infosys plans to recruit 22,000 freshers in FY'15


Infosys, India's second-largest software services provider, will hire as many as 22,000 college graduates through campus hiring in the current fiscal year, higher than last year's fresher hiring level.

The Bangalore-based company, which on Friday reported a 0.4% drop in dollar revenue below analyst expectations for the fourth quarter, will make these offers during the upcoming campus placement season that starts in August-September and goes on until December.

"We are hiring people from campuses this year but those people will be available only next year because of the lead time," said UB Pravin Rao, co-president and board member.

Technology services companies in India, which hire close to 1.5 lakh students from campuses every year, make job offers in September but students come on board only in June once they graduate. In December last year, Infosys chairman NR Narayana Murthy had said the company expects to hire as many as 16,000 college graduates next year.

Hiring forecast for fiscal year 2014-15 comes at a time when Infosys is attempting to report higher sales growth under chairman Murthy who returned in June after Infosys lost ground to rivals. Under Murthy, Infosys has been cutting costs and focussing on winning large outsourcing contracts in traditional IT services areas such as application development and maintenance.

Every year, fresher hiring accounts for 70% of the overall hiring for IT services companies, while the rest 30% comes from hiring experienced staff or lateral hiring. Last year, Infosys CEO SD Shibulal said around 10,000 engineers would join the company.

Rao, who was recently elevated as President and is considered a strong contender for the Infosys CEO job, said lateral hiring will continue as usual. In the just ended fourth quarter, the software provider added 2001 employees and its total headcount was 1,60,405 employees.