An anonymous reader writes in with bad news for the Bitcoin Foundation. "California's Department of Financial Institutions has issued a cease and desist letter to the Bitcoin Foundation for "allegedly engaging in the business of money transmission without a license or proper authorization," according to Forbes. The news comes after Bitcoin held its "Future of Payments" conference in San Jose last month. If found in violation, penalties range from $1,000 to $2,500 per violation per day plus criminal prosecution (which could lead to more fines and possibly imprisonment). Under federal law, it's also a felony "to engage in the business of money transmission without the appropriate state license or failure to register with the US Treasury Department," according to Forbes. Penalties under that law could be up to five years in prison and a $250,000 fine."

An anonymous reader writes "My Skype account was hijacked, which I discovered after Skype suspended it for suspicious activity, including a number of paid calls and an attempt to debit my card. Now that I've secured the account again, I can see the call history — there are several numbers called in Senegal, Mali, Benin and Philippines. Obviously I could call them myself and create a bit of havoc in their lives, but ideally I'd like to trace the hijacker himself — perhaps with some kind of 'social engineering' approach. Or is it just a waste of time?" How would you do this, and would you bother?

colinneagle writes "Widespread adoption of 3D printing technology may not be that far away, according to a Gartner report predicting that enterprise-class 3D printers will be available for less than $2,000 by 2016. 3D printers are already in use among many businesses, from manufacturing to pharmaceuticals to consumers goods, and have generated a diverse set of use cases. As a result, the capabilities of the technology have evolved to meet customer needs, and will continue to develop to target those in additional markets, Gartner says."

CthuluOverlord writes "CNET News.com is reporting that Nicholas Donofrio, Big Blue's executive vice president of innovation and technology, made a declaration on Tuesday in an interview with ZDNet Asia. 'The fact is that innovation was a little different in the 20th century. It's not easy (now) to come up with greater and different things. If you're looking for the next big thing, stop looking. There's no such thing as the next big thing.'" Donofrio goes on to explain that he sees innovation as being services or social changes nowadays, rather than simply a better moustrap. What's the verdict? Is tech innovation dead?