The Technology Authority

How to turn a software firm into a bitcoin wallet

A bitcoin paper wallet with QR codes and coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014. REUTERS/Benoit Tessier

It takes courage to borrow $500 million simply to buy more bitcoin. That’s what MicroStrategy (MSTR.O) boss Michael Saylor is doing with a junk-bond issue that was increased in size on Tuesday. The value of the company’s holdings of the cryptocurrency already make up over half of its $6 billion enterprise value. With bitcoin volatile and its accounting wacky, it could make for a crazy ride.

The company still lists its primary

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Portland software firm wins $50,000 prize in annual pitch contest

After a one-year hiatus due to the pandemic, Gorham Savings Bank hosted its eighth LaunchPad competition and on Tuesday awarded the top prize, a $50,000 grant, to HighByte, a Portland-based software company that specializes in managing and modeling industrial data.

The LaunchPad competition aims to foster the growth of Maine’s economy by providing a boost to small businesses in the state.

HighByte was chosen from a pool of roughly 150 applicants, including five finalists who pitched their businesses to a panel of judges during a virtual livestream event Tuesday afternoon. The panel included Catherine Cloudman, president and CEO of CHC

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In biggest deal since buying Red Hat, IBM acquires software firm to strengthen cloud offerings

RESEARCH TRIANGLE PARKIBM is acquiring Boston-based software firm Turbonomic in another bid to strengthen its cloud offerings. It’s reportedly the most expensive purchase Big Blue has made since acquiring Raleigh-based Red Hat for $34 billion two years ago.

Financial terms of the deal announced Thursday weren’t disclosed by IBM but media reports indicate the purchase price could be as much as $2 billion.

“The transaction values Turbonomic at between $1.5 billion and $2 billion, people familiar with the matter said on condition of anonymity,” Reuters reported.

The deal “complements IBM’s recent acquisition of Instana and launch of IBM

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Fishers-based software firm Emplify acquired for $50 million

Jaramillo

Fishers-based employee-engagement software firm Emplify Inc. has been acquired by San Francisco-based human resources software company 15Five Inc. for $50 million, the companies announced Tuesday.

15Five plans to maintain an Indianapolis-area office under its own name and has hired all 52 Emplify employees.

Emplify CEO Santiago Jaramillo, who co-founded the company in 2016, will join 15Five in a senior leadership role. Fellow co-founder and Chief People Officer Adam Weber is joining 15Five as senior vice president of community.

The acquisition boosts total employment at 15Five by more than 30%, to at least 225 employees. In addition to San Francisco

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8 Components of an SEO-Friendly Law Firm Website

Search engine optimization (SEO) is one of the primary drivers of traffic and clients for law firms, but it’s not always straightforward how to go about it the right way.

After all, legal is a highly competitive niche, and there are a lot of hoops lawyers have to jump through in regard to marketing their services online.

Due to the often sensitive nature of some practice areas (think Personal Injury or Criminal Law), law firms need to take a strategic and creative approach if they want to attract more clients from Google.

The good news is that the fundamentals of

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How to prepare your firm for the quantum computer revolution

• The impact of quantum computing on internet security will be so great we must start planning now.

• Its exponentially higher processing power will render widely used cryptography obsolete.

• ‘Security agility’ – crypto agility – is a key concept in being quantum-ready.

Strategic thinking has enabled many of mankind’s greatest successes. But when some leaps are just too big for a single bound, or seem too far into the future, strategic acting – incremental, consistent decision-making consistent with a long-term vision – can serve as an enabler for future success.

While an operationally viable quantum computer seems beyond

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