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Yahoo Announces First Round Of Layoffs

February 12, 2016 by mphillips   | Category: Around The Net
Yahoo Announces First Round Of Layoffs

Yahoo Inc  announced Wednesday it will terminate 107 employees in the first of what is expected to be more than 1,500 job eliminations. The layoffs take effect April 11 and affected employees received 60-day advance notice of the move, Yahoo said in a notice filed with the California Employment Development Department. The layoffs were spread across a range of departments and job titles. Yahoo shares closed up 1 percent at $27.10 on Wednesday and are down about 18.5 percent so far this year. Yahoo... 

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IRS Says Hackers Tax Filers E-Filing PIN Numbers In Latest Attack

February 11, 2016 by mphillips   | Category: Around The Net
IRS Says Hackers Tax Filers E-Filing PIN Numbers In Latest Attack

The Internal Revenue Service was the target of an illegal network intrusion that used stolen Social Security numbers and other taxpayer data to obtain PINs that can be used to file tax returns electronically. The attack occurred in January and targeted an IRS Web application that taxpayers use to obtain their so-called Electronic Filing (E-file) PINs. The app requires taxpayer information such as name, Social Security number, date of birth and full address. Attackers attempted to obtain E-file PINs... 

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Google Sinks Teeth Deeper Into Virtual Reality

February 11, 2016 by Michael   | Category: Around The Net
Google Sinks Teeth Deeper Into Virtual Reality

Google is researching into a more virtual realtiy technology which will probably just end up in the beta stage before the search engine gives up on the whole project. Google is apparently developing a new virtual-reality headset for smartphones, and adding extra support for the technology to Android in a cunning plan to give Oculus a run for its money. We are not holding our breath, we keep getting announcements like this from Google and they always turn to be vapourware like Google Glass.. Anyway... 

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World’s Largest Solar Plant Finally Goes Live

February 11, 2016 by mphillips   | Category: Around The Net
World’s Largest Solar Plant Finally Goes Live

The world’s largest solar power plant has finally gone live in Morocco. It will eventually provide 1.1 million people with power and cut carbon emissions by 760,000 tons a year. The $9 billion Noor Concentrated Solar Power (CSP) plant could eventually start exporting energy to the European market. The Noor Concentrated Solar Power (CSP), paid for with funds approved by The World Bank, is located in the Souss-Massa-Drâa area in Morocco, about 6 miles from Ouarzazate town. It began operation... 

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Regulators Deem Google Car’s Computer As A Legal ‘Driver’

February 11, 2016 by mphillips   | Category: Around The Net
Regulators Deem Google Car’s Computer As A Legal ‘Driver’

U.S. vehicle safety regulators have stated the artificial intelligence system piloting a self-driving Google car may be considered the driver under federal law, a major step toward ultimately winning approval for autonomous vehicles on the roads. The National Highway Traffic Safety Administration told Google, a unit of Alphabet Inc, of its decision in a previously unreported Feb. 4 letter to the company posted on the agency’s website this week. Google’s self-driving car unit on Nov. 12... 

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Federal Government Wants Big Increase On Cybersecurity Spending

February 10, 2016 by mphillips   | Category: Around The Net
Federal Government Wants Big Increase On Cybersecurity Spending

President Barack Obama has proposed a large increase in cybersecurity spending for next year’s budget, to improve outdated government software and promote better online security for consumers. The plan calls for a $3.1 billion fund to replace outdated IT infrastructure; a new position of federal chief information security officer; a commission to study cybersecurity problems, and a program to recruit cybersecurity experts into government roles. The U.S has been working since 2009 to improve... 

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Will Verizon Acquire Yahoo?

February 10, 2016 by mphillips   | Category: Around The Net
Will Verizon Acquire Yahoo?

Verizon Communications Inc  has granted Tim Armstrong, chief executive officer of its AOL unit, a leading role in researching a possible bid for Yahoo Inc’s assets, Bloomberg reported, citing a person with knowledge of the situation. Verizon, the largest U.S. wireless carrier, hasn’t hired bankers to conduct an offer and there have been no formal talks, according to the report. Yahoo said last week that it would consider “strategic alternatives” for its core Internet business,... 

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Is Mozilla Dropping Smartphones For IoT?

February 9, 2016 by Michael   | Category: Around The Net
Is Mozilla Dropping Smartphones For IoT?

The Mozilla Foundation has confirmed details of its shift in strategy for Firefox OS which will see it abandon future phone development in favour of using the software as (yet another) IoT platform. In an announcement to the developer community by John Bernard, director of collaboration for Connected Devices at Mozilla, and George Roter, head of core contributors, it was confirmed that Firefox OS for smartphones will be canned at version 2.6. “The circumstances of multiple established operating... 

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BlackBerry Eliminates 200 Jobs, Trims Costs

February 9, 2016 by mphillips   | Category: Around The Net
BlackBerry Eliminates 200 Jobs, Trims Costs

BlackBerry Ltd  plans to cut 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. “As BlackBerry continues to execute its turnaround plan, we remain focused on driving efficiencies across our global workforce,” the company said in an emailed statement. The company declined to comment on what percentage of its workforce is affected by... 

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In A Strange Twist, Dridex Malware Now Distributes Antivirus Program

February 8, 2016 by mphillips   | Category: Around The Net
In A Strange Twist, Dridex Malware Now Distributes Antivirus Program

Users duped into opening malicious Word documents that distribute the Dridex online banking Trojan might have a pleasant surprise: They’ll get a free anitivirus program instead. That’s because an unknown person — possibly a white-hat hacker — gained access to some of the servers that cybercriminals use to distribute the Dridex Trojan and replaced the malware with an installer for Avira Free Antivirus. Dridex is one of the three most widely used computer Trojans that target... 

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Twitter Shuts Down 125,000 Terrorism-related Accounts

February 8, 2016 by mphillips   | Category: Around The Net
Twitter Shuts Down 125,000 Terrorism-related Accounts

Twitter Inc has suspended more than 125,000 terrorism-related accounts since the middle of 2015, most of them linked to the Islamic State group, the company said in a blog post on Friday. Twitter has said it only takes down accounts when they are reported by other users, but said that it has increased the size of teams monitoring and responding to reports and has decreased its response time “significantly.” Twitter’s announcement comes as many tech companies – led by Facebook... 

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Alien Megastructure Mysteries May Remain A Secret

February 8, 2016 by Michael   | Category: Around The Net
Alien Megastructure Mysteries May Remain A Secret

It’s looking less likely that a swarm of comets or an “alien megastructure” can explain a faraway star’s strange dimming. The star (nicknamed “Tabby’s Star,” after its discoverer, Tabetha Boyajian) made major headlines last October when Jason Wright, an astronomer at Pennsylvania State University, suggested that it could be surrounded by some type of alien megastructure. A more likely idea — one that’s far less exciting — is that the star is orbited... 

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Hackers Attempt Attack On 20+ Million Alibaba Accounts

February 5, 2016 by mphillips   | Category: Around The Net
Hackers Attempt Attack On 20+ Million Alibaba Accounts

Hackers in China attempted to gain access to over 20 million active accounts on Alibaba Group Holding Ltd’s Taobao e-commerce website using Alibaba’s own cloud computing service, according to a state media report posted on the Internet regulator’s website. An Alibaba spokesman said the company detected the attack in “the first instance”, reminded users to change passwords, and worked closely with the police investigation. Chinese companies are grappling a sharp rise... 

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Do Black Holes Die When All The Run Out Of Gas?

February 5, 2016 by Michael   | Category: Around The Net
Do Black Holes Die When All The Run Out Of Gas?

Some of the brightest objects in the known universe may abruptly go dark at the whims of the black holes that power them, new research shows. A recent study reveals a dramatic example of this newly discovered type of object, called a “changing-look quasar,” which seems to have winked out in as little as a decade when its black hole no longer had gas to suck in. “This is an intrinsic change in the gas that’s falling on the supermassive black hole,” Jessie Runnoe, a postdoctoral... 

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Amazon Plans On Opening Up To 400 Bookstores

February 4, 2016 by mphillips   | Category: Around The Net
Amazon Plans On Opening Up To 400 Bookstores

Amazon.com Inc will open up to 400 physical bookstores, according to a major U.S. mall operator with knowledge of the proposal. Amazon recently experimented with brick-and-mortar stores with the opening of a bookstore in its home city of Seattle in November. An expansion of bookstores, which the company has not confirmed, would be a surprise reversal from the online retailer credited with driving physical booksellers out of business. “You’ve got Amazon opening brick-and-mortar bookstores... 

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