Mt. Gox CEO selling, will give some proceeds to burned investors

From InfoWorld: Mark Karpeles, CEO of the now-bankrupt Bitcoin exchange Mt. Gox, is auctioning off, a site Karpeles launched last year to provide information around the digital currency.

The domain will be sold July 24 by the U.S.-based auction house Heritage Auctions, with an opening bid set at $185,000. The sale is expected to fetch as much as $750,000.

Facebook kills 'Lecpetex' botnet that turned 250k PCs into Litecoin-mining zombies

From PC World: Facebook said police in Greece made two arrests last week in connection with a little-known spamming botnet called “Lecpetex,” which used hacked computers to mine the Litecoin virtual currency.

As many as 50,000 Facebook accounts were affected, and as many as 250,000 computers worldwide, primarily in Greece, Poland, Norway, India, Portugal and the U.S., according to a blog post on Tuesday from Facebook’s Threat Infrastructure team.

Microsoft issues fixes for Surface Pro 3 Wi-Fi, battery life

From CNET: Microsoft came out on Tuesday with a raft of fixes and updates for the Surface Pro 3 centered on Wi-Fi and battery life.

At least three of the updates boost battery life in one way or another.

One firmware fix is for "reducing power consumption," while a second is for "enhancing battery life." A third wireless network controller update reduces power consumption in "low power states."

That same wireless update will also improve "some WiFi connection scenarios," which could address some of the Wi-Fi issues users have been reporting.

LG’s New Wearable Band Allows You to Track, Listen in on Your Kids

From DailyTech: LG just launched its G Watch smartwatch that runs Google’s new Android Wear operating system. The G Watch is of course aimed at adults, but the company’s newest wearable is squarely targeted at the “youth” market.

The new LG KizON not only allows parents to track their children in real-time via GPS, but it also allows for two-way communications (the device supports 2G/3G and Wi-Fi standards) between parent and child via a feature called One Step Direct Call. Using the One Step Direct Call button, the child can contact one pre-configured cell phone number.

Samsung expects smartphone market slowdown to hit profits

From InfoWorld: Samsung Electronics is expecting a drop in its operating profit for the third consecutive quarter, citing an overall slowdown in smartphone market growth and increased competition in China and some European markets.

The company was also hit in the second quarter by the appreciation of the Korean won against the U.S. dollar, the euro, and most emerging markets currencies, it said Tuesday in an earnings guidance.

Android Wear bug prevents installation of apps that cost money

From GreenBot: The first round of Android Wear devices have only just started shipping. But any early adopter who straps on an LG G Watch or Samsung Gear Live to their wrist in the coming days may have a problem installing paid apps designed for Android Wear.

Problems with Google Play's approach to copy protection are making it impossible to install paid apps on Android Wear smartwatches, according to Android Police.

New Sony Xperia C3 is all about the selfie

From CNET: In final proof that the selfie is taking over the world, Sony has beefed up the camera on its latest smartphone to make the Sony Xperia C3 "The world's best selfie smartphone."

BlackBerry Tries to Explain its 4.5 Square Passport Smartphone

From DailyTech: BlackBerry really left us all scratching our heads when it revealed the upcoming 4.5” Passport smartphone with its stubby proportions and square display. Although packing in a relatively dense screen with a 1440x1440 resolution, the Passport flies in the face of conventional wisdom considering that 99.9% of smartphones on the market have a rectangular display.

BlackBerry has posted a new blog that tries to explain its reasoning behind going with a square display, and we’re not exactly sold on the merits.

Firefox falters, falls to record low in overall browser share

From InfoWorld: Firefox's user share on all platforms -- desktop and mobile -- has plunged in the last two months as its desktop browser continued to bleed and its attempt to capture users on smartphones failed to move the needle, new data shows.

Apple's Safari fared almost as poorly since April, also losing significant user share, with a continued decline on mobile and a sudden slide on the desktop to blame.

TSA to put mobile phones, other electronic devices under higher scrutiny

From PC World: The Transportation Security Administration has said it may ask air travelers headed to the U.S. on direct flights to power up some electronic devices, including cell phones, as part of enhanced security measures at certain airports abroad.

Under the regulations announced Sunday, powerless devices will not be permitted on board the aircraft and the traveler may also undergo additional screening, TSA said.


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