| Today's Top 3 Stories | | #1 | New CEO Satya Nadella Needs To Make Microsoft More Like Google | | | About two years ago, Microsoft's research arm described something amazing in a blog post. It had developed a contact lens equipped with a tiny chip that could measure the blood sugar level of tears. The technology could free people from having to prick their fingers to check insulin levels. Instead of intermittent reports, people would be able to record a steady stream of data and get warnings when they need them most. (Businessweek)
Why This Is Important: Analysts think Microsoft needs to focus more on technology and less on products, a la Google.
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| | #2 | Little-Known Asian Smartphone Outperforms Qualcomm-Based Rivals For Half The Price
| | | If you don't yet know of the Alcatel One Touch Idol X+, I don't blame you — the phone's announcement at CES last month was a pretty low-key affair. (Forbes)
Why This Is Important: Although the phone;s features rival its higher-priced competitors, it doesn't yet support LTE — sure to be a major hindrance in its success.
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| | #3 | The Coin Prince: Inside Bitcoin's First Big Money-Laundering Scandal
| | | A week ago, 24-year-old Charlie Shrem landed at JFK, home from giving a talk about the virtual currency Bitcoin at an e-commerce convention in Amsterdam. The trip had gone well. Shrem's speech made the front page of the Dutch Financial Times, his Icelandair flight had internet, and he was excited to be reunited with his girlfriend, Courtney. He did not expect to be arrested when he got off the plane. But as soon as he saw the agents from the Drug Enforcement Administration and IRS waiting for him at the gate, he knew. (TheVerge)
Why This Is Important: Those in the know in the banking industry were just waiting for this to happen. Numerous warnings have been posed about the risks of this unfamiliar form of currency, and retailers will be slow to embrace it with news like this.
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"Four years ago, nobody knew the network impact of tablets, but tablet growth was significant. I would call wearables a wild card at this point." -- Thomas Barnett, senior director of industry thought leadership at Cisco
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