peHUB Second Opinion 8.27

No more federal borrowing. Treasury Secretary Jack Lew tells U.S. Congress that they must act to raise debt limit.

Speaking of the Treasury Department, Reuters ran a story on Sunday about how former U.S. Treasury Secretary Lawrence Summers could be tapped as the next Fed chairman.

Bitcoin is the news, as authorities have expressed concerns. Do you think it has staying power? The Washington Post has a post on why meeting with the feds is a big step for the virtual currency.

It would appear that all my friends who are suspicious of the government spying on their Facebook posts have something real to be scared of. Remember what Scott McNealy said … in 1999?

Steve Ballmer announced his plans to retire next year. The Wall Street Journal ponders what his departure will mean for Microsoft’s approach to startups. Similarly, be on the lookout for a VCJ story about the VC-like investments Microsoft made during Ballmer’s reign.

Self-driving cars. They are almost here. Nissan says by 2020.

Don’t throw out your old iPhone. Trade it in at an Apple store.

Astronaut Neil Armstrong died a year ago, but the Twitterverse was a buzz this morning as many people read the headlines about the anniversary of his death and thought his passing was recent. It has created a strange day on social media. In the meantime, the Guardian decided to quiz readers about who is alive and who is dead.

Are you ready for some football? Predictions for upcoming season. If you don’t like it, then maybe you’re a Jets fan.

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