Schism
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Has the 'Bitcoin experiment' failed?
A prominent voice in the Bitcoin community has announced that he is abandoning the cryptocurrency that he helped to popularize. Mike Hearn has revealed that deep divisions within the platform's "leadership" and a looming technical apocalypse threatens the system's entire existence. The creator of bitcoin has explained his position in a lengthy Medium post, saying that he has sold his coins and is washing his hands of Bitcoin. As far as he is concerned, the "Bitcoin experiment" has "failed."
Motorola to roll out revised plan, schism not so clear-cut anymore
Remember Motorola's decision to pause the sale of its largest division? Change of plans again, folks. According to The Wall Street Journal, the company's getting ready to reveal a new initiative, whereby it still sells its wireless networking business, but the set-top box and core handset business would instead be spun off into a new, publicly-traded company. That'd invariably leave a pretty small Motorola -- less than one-third its current size in terms of sales, selling primarily public-radio system and bar-code scanners. Would the newly-minted company get a new name, logo, and series of catchy, name-inspired puns? Our guess is it'd retain the Moto name -- why waste such good branding -- but it's not confirmed either way. Plans are still being finalized, but we're watching this closely.
Sony Ericsson exec dismisses rumors of a schism
Despite some nasty financial losses and a rumored smackdown of a PSP phone proposal, the Sony Ericsson joint venture is apparently as strong as ever. That's what Senior Marketing Manager Richard Dorman is saying, denying any talks of a split. He also noted that both companies had been losing money in their respective handset division prior to the assimilation, and the partnership is "full steam ahead." That's great, now how about showing us some more Hikaru, hm?