Economist Nouriel Roubini: Blockchain and bitcoin are the worldbiggest scams

New York University professor and global economist Nouriel Roubini testified before the U.S. Senate Committee on Banking last week, saying cryptocurrencies such as bitcoin are the mother of all scams and bubbles.

He followed that assertion up by calling blockchain, the technology unpinning bitcoin, "the most over-hyped — and least useful — technology in human history."

[ Further reading: What is FinTech (and how has it evolved) ]

Today, Roubini doubled down on his claims in acolumn published on CNBC.comin which he said blockchain has promised to cure the world's ills through decentralization but is "just a ruse to separate retail investors from their hard-earned real money."

Write comment (99 Comments)
IDG Contributor Network: CEO Hans Vestberg is changing Verizon leadership to focus on 5G

It sounds like new Verizon CEO Hans Vestberg is making some serious leadership changes. I think this is exactly what he needs to do. The reason is his desire for Verizon to be a leader once again in the coming 5G wireless revolution. If they want to be a leader, not a follower going forward, then they need to make some serious changes. Good goal. Next question, will he be successful

Over the last decade, Verizon has been a mixed bag of successes and failures. Over that time, they have generally rewarded investors and had happy customers. They are the highest priced competitor, but their network is no better than AT-T. They used to be a leader in the wireless and telecom space, but that was a long time ago.

Write comment (97 Comments)
It looks as if Microsoft has stopped pushing this monthWin7 Monthly Rollup, KB 4462923

This monthWindows 7 Monthly Rollup, KB 4462923, appears to be on the skids.

The KB article itself doesn&t mention anything. The patch is still available for manual download from the Microsoft Update Catalog.

Write comment (93 Comments)
Apple goes shopping

As we race to the close of the companyfourth quarter, it seems pretty clear that Apple has taken some of its repatriated cash assets and done what anybody does when they receive a windfall — the company has gone shopping!

Acquisitions everywhere

In the last few weeks, we&ve seen/learned about:

  • The go-ahead for Apple's $400 million purchase ofShazam, which gives Apple access to unrivaled music taste analytics data.
  • The $600 millionDialog Semi deal, which gives the company an edge on wireless power.
  • AppleSpektral deal — this closed quietly last year. We just learned about it. Why now
  • Apple's acquisition ofhot music analytics startupAsaii.
  • How Apple CEO Tim Cook recently visited another hugely hot analytics startup, Bytedance.

Thata heap of acquisitions/potential acquisitions spanning music, entertainment, data analytics, power management (and more), and machine imaging.

Write comment (90 Comments)
A second bad driver — this one for audio — gets pushed out by Windows Update. Protect yourself!

Don&t know about you, but I&m well beyond fed up with all of the pushed Windows bugs. If you installed your Patch Tuesday patches last week like a good little lemming, Microsoft may have put you in an inescapable loop of blue screens, or turned off your audio.

If either of those plagues hit you, therea complex series of manual steps you can take to work around the problem, combined with two new patches that may help if you can get your PC to boot. Thatassuming you haven&t already bought a new machine, or taken the busted one in for repair.

First, the HP blue screens. I talked about the symptoms on Thursday: After installing the latest Win10 1803 or 1809 cumulative updates, HP machines sprouted WDF_VIOLATION blue screens. If you reboot, the BSOD comes back. Ends up that the BSODs weren&t caused by the cumulative updates — at least not directly — but were, in fact, caused by a bad keyboard driver update that was pushed out the Windows Update chute at the same time as the cumulative updates.

Write comment (98 Comments)
5 collaboration tools that enhance Microsoft Office

Collaboration tools are everywhere in the business world, but if you and your co-workers use Microsoft Office regularly, you may want to keep your working together close to its applications. The following web apps work on their own in your browser, but they also interoperate with Microsoft Office Online or Office 365 to add collaborative features to your workflow.

(Insider Story)

Write comment (97 Comments)