Silk Road 2.0 Shutdown

U.S. governmnent authorities said they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug trafficking, computer hacking, money laundering and other crimes.

Blake Benthall, 26, was arrested last Wednesday in San Francisco and was expected to make an initial court appearance in federal court there later on Thursday.

The charges against Benthall carry a maximum sentence of life in prison.

A lawyer for Benthall could not immediately be identified.

Silk Road 2.0 was launched late last year, weeks after authorities had shuttered the original Silk Road website in October and arrested its alleged owner, Ross Ulbricht, who went by the online alias, Dread Pirate Roberts.

“Let’s be clear – this Silk Road, in whatever form, is the road to prison,” Manhattan U.S. Attorney Preet Bharara, whose office is prosecuting both cases, said in a statement.

Benthall, known as “Defcon” online, became the operator of Silk Road 2.0 in December, one month after an unnamed co-conspirator launched the site, according to prosecutors.

Silk Road 2.0 provided an online bazaar where users across the world could buy and sell drugs, computer hacking tools and other illicit items, using the digital currency Bitcoin as payment, authorities said.

As of September, the site was generating at least $8 million a month in sales, they said.

The government’s investigation included an undercover agent who was able to infiltrate the administrative staff of the website and interact directly with Benthall, prosecutors said.

Ulbricht, 30, has pleaded not guilty and is scheduled for trial in New York in January.

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3D Printer Goes Retail

MakerBot, a 3D printer maker which opened two new retail stores last week, is among the companies trying to bring the cutting-edge digital manufacturing technology to Main Street consumers, but skeptics say the debut may be premature.

MakerBot, a unit of Stratasys Ltd, opened retail stores this week in Boston and in Greenwich, Connecticut, both of which are twice the size of MakerBot’s first store, 1,500 square feet in downtown Manhattan.

The company offers designs for more than 100,000 items through its “Thingiverse” online user community. The products range from knick-knacks like zombie sculptures to jewelry, sink drains and even medical devices. They are printed using its line of corn-based plastic fibers in more than a dozen colors.

“For most people 3D printing is futuristic science fiction. We’re here to make it real,” said CEO Bre Pettis, who cut the ribbon at the store on Boston’s fashionable Newbury Street using scissors made on one of MakerBot’s Replicator printers which start at $2,199.

Pettis, who has purchased splashy magazine ads to promote 3D printers as holiday gifts, believes there could soon be a 3D printer on every block in America.

Yet some technology experts say 3D printers may not be ready for prime time because they are still much less user friendly than most modern consumer electronics.

“There is so much hype,” said Pete Basiliere, an analyst at technology research firm Gartner. “People are getting a little bit misled as to how easy it is,” he said.

Some investors also are skeptical of 3D printing’s readiness for the market. Short-seller Citron this week published an article questioning the earnings of Germany’s voxeljet AG’s, and shares in the sector fell, including those of MakerBot parent Stratasys and rivals 3D Systems Corp and ExOne Co.

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AT&T’s iPhone 4 Beats Verizon’s

In the phone wars between the two big carriers, it looks like AT&T wins this round. The iPhone 4 on AT&T’s network downloaded data twice as fast, on average, as the iPhone on Verizon Wireless, according to thousands of recent field tests in five U.S. cities performed by Metrico Wireless, an independent mobile device performance evaluation firm.

Metrico’s tests looked at several other variables, however, and found the average Web page load time was nearly the same on iPhone 4 on both networks, a Metrico official said.

Also, when the iPhone 4 was in a moving vehicle, the AT&T model successfully finished about 10% more download session than Verizon’s. But when the iPhones were stationary, the Verizon iPhone had a 10% better success rate in uploading data than the AT&T iPhone, Metrico said.

Metrico did not reveal actual time measurements for any of its results, including the data downloads and uploads or Web page loading times, prior to publication of its full study.

Some of Metrico’s findings are at odds with several smaller spot reports conducted last month that found Verizon’s iPhone performed better on several criteria. But a Metrico official noted that those quick studies were based on only a handful of test samples, often in a single city, including San Francisco, where AT&T’s coverage for the iPhone has been consistently criticized.

AT&T admitted more than a year ago that it had network problems in downtown San Francisco and Manhattan and had begun infrastructure updates.  Read More….