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Will Intel Launch A New Version Of Thunderbolt?

May 22, 2015 by Michael  
Filed under Computing

Intel is just about to release a new version of Thunderbolt, just as its most major customer – Apple, has dropped the technology from its 12-inch MacBook.

Intel has hinted that it will reveal the “next generation of Thunderbolt” at a press event to be held next month at the Computex trade show in Taipei.

The latest version of Thunderbolt, version 2.0, can transfer data at speeds up to 20Mbps (bits per second), which is twice as fast as the latest USB 3.1.

Chipzilla has been working on a new chipset with more integrated components and we are expecting to see some new toys that will plug into it at the June 1 event.

Intel has been trying to speed up Thunderbolt data transfers, and has said data transfers could reach up to 50Gbps with the help of its emerging silicon photonics technology.

The driving force for a faster Thunderbolt connector could emerge with 8K video. This will appear in Microsoft’s upcoming Windows 10 OS. Consumer electronics makers are backing the development of a new connector technology called SuperMHL, which will run through USB cables and could kill off any chance that Thunderbolt has.

Thunderbolt peripherals cost a bomb, and many PC makers have passed on the technology particularly for Windows PCs where people tend to be a little more practical. It seems that even the Apple market, where you can charge $1000 for a turd with an Apple logo on it is also shying away from Thunderbolt.

Computex will also have Intel showing off its USB Type-C 3.1, which is considered primary competition to Thunderbolt. The technology is more versatility than Thunderbolt as it can recharge laptops and be a connector for a wide variety of peripherals. The Type-C cables also look the same on both ends, so users don’t have to worry about plug orientation.

Courtesy-Fud

Tech Companies Push Senate To Pass NSA Reform Bill

May 21, 2015 by mphillips  
Filed under Around The Net

Reform Government Surveillance, an organization that represents technology giants like Google, Apple and Microsoft, is pushing the U.S. Senate not to delay reform of National Security Agency surveillance by extending expiring provisions of the Patriot Act.

The House of Representatives voted 338-88 last week to approve the USA Freedom Act that would, among other things, stop the controversial bulk collection of phone records of Americans by the NSA, including by placing restrictions on the search terms used to retrieve the records.

The bill has run into opposition in the Senate from some Republican members who are backing renewal of the current Section 215 of the Patriot Act that provides the legal framework for the phone data collection.

The urgency for Congress to pass legislation comes from the upcoming expiration on June 1 of certain parts of the Patriot Act, including Section 215. Under a so-called “sunset” clause, the provisions will lapse unless reauthorized in the same or modified form by legislation.

A bill introduced by Senate Majority Leader Mitch McConnell last month would extend the surveillance provisions of the Patriot Act until 2020. To apparently buy time as pressure builds for reform, another bill has been placed on the Senate calendar to extend Section 215 and other expiring provisions in the current form up to July 31.

The technology companies said that the USA Freedom Act prevents the bulk collection of Internet metadata under various authorities, and provides for transparency about government demands for user information from technology companies, besides assuring that the appropriate oversight and accountability mechanisms are in place.

 

 

Dropbox Releases ‘Universal App’ For Windows Phones, Tablets

May 21, 2015 by mphillips  
Filed under Mobile

Dropbox previously released its cloud storage service on Windows phones and tablets, and on Tuesday the company followed up with a universal app that expands the feature sets for both types of devices.

The update automatically adapts to the user’s screen size and delivers a number of new features, including the ability for Windows Phone users to upload videos directly from their devices.

In the interests of multitasking, Windows Phone users can also now upload multiple files at once. And they can download files straight to their device or SD card, making the information available for offline access; there’s a way to mark files as favorites for offline use as well.

The new update also brings the ability to save and open files to and from Dropbox while working within other apps.

On Windows tablets, Dropbox users can now invite new members to a shared folder from their contacts list and manage folder settings from their device. New keyboard shortcuts for selecting and searching enable a faster workflow.

Now available free for Windows 8.1 and Windows Phone 8.0 or 8.1, the software promises better performance as well, according to Dropbox.

Separately Tuesday, Dropbox rolled out new features for its main service that target designers and others who work frequently with images. Specifically, it debuted a new image viewer for better online previews as well as better support for Photoshop, Illustrator and scalable vector graphic files. Users can now also preview PostScript images in their browser rather than having to download them first.

 

 

Scammers Using Malware To Go After Oil Companies

May 21, 2015 by Michael  
Filed under Around The Net

Scammers are running wild through British oil company networks without needing to use malware, according to Panda Security.

Hacking is not new, stealing information and data from firms is not new, but doing so without using malware is unusual.

Panda has dubbed the scam Operation Oil Tanker (PDF), which it said has made its way into systems through a socially engineered email and a lone staffer. The security firm said that antivirus systems failed to stop the attacks, but that its own demo software did.

Panda explained that a worker called Susan at a company called Black Gold Ltd was presented with an email on a Monday morning.

The email contained a 4MB attachment apparently related to the oil market which the employee clicked on and opened. While this could have been big trouble, it was not. Why? Because of Panda.

“Neither the mail server antivirus nor the antivirus on her workstation had
found anything anomalous in it. Susan double-clicked the attachment. A blank PDF opened,” the firm explained.

“1,700km away from Susan’s computer, an alarm was triggered. An unknown threat had just been detected and blocked when it tried to steal credentials from Susan’s computer and send them out.”

Panda, which was the blocker, said that there are some 250,000 malware threats a day, but that this one was special.

“There was something really unique about this threat: it didn’t use any kind of malware. That’s why we decided to call it the ‘Phantom Menace’,” it added.

Panda studied the incident, picking apart the email and its PDF and finding that it included an executable. That executable showed no suspicious behaviour, so was not picked up in regular scans. However, it ran a file called dcp.exe, which allows for file encryption.

Files are picked up at the target and sent to a remote location. Panda found files dating back to 2013, and reported that it had gone undetected for some six months. The scammer was able to use the information to fraudulently broker oil sales.

“In short, the scam works like this: the scammer contacts a broker/middleman and offers them a large amount of BLCO [Bonny Light Crude Oil], one to two million barrels, at a very competitive price,” said Panda.

“To close the deal, the buyer must pay a significant amount of money – from $50,000 to $100,000 – in advance. However, once they pay the money they
are met with the nasty surprise that there is no oil.”

Panda has contacted the Spanish National Guard with its evidence and discoveries.

The security firm said that the force has a good history in dealing with cybercrime, and has worked with Panda before. However, it added that no victims are prepared to come forward. Which does not help anyone.

Courtesy-TheInq

Openstack Boost Its Hybrid Cloud Services

May 21, 2015 by Michael  
Filed under Computing

The Openstack Foundation has announced new interoperability testing requirements for OpenStack-branded products and is claiming rapid adoption of the federated identity service introduced in the latest OpenStack release that makes it easier to combine private and public cloud resources.

Foundation executive director Jonathan Bryce said at the first OpenStack Summit event of 2015 that the vision for the OpenStack project was to create a “global footprint of interoperable clouds” that would enable users to seamlessly mix and match resources from their own data centre with those of public cloud providers, delivering a so-called hybrid cloud model.

To this end, Bryce announced new interoperability testing requirements for products that are branded as ‘OpenStack Powered’, including public cloud and hosted private cloud services as well as OpenStack distributions.

“This is a big milestone and introduces common code in every distribution that brands itself as OpenStack, and common APIs that have been tested and validated,” he said.

In practice, this means that, along with an OpenStack Powered logo, products will carry a badge to show certification.

This currently applies only to some of the platform’s core modules, such as Nova (compute), Swift (object storage), Keystone (identity service) and the Glance image service.

But it is intended as a guarantee to users that a certified product contains a set of core services consistent with all other OpenStack products that are similarly certified.

Vendors already offering certified products include HP, IBM, Rackspace, Red Hat, Suse and Canonical, but the list is set to expand this year.

“During 2015, this will go across all products that are OpenStack. You will be able to know what you are getting in an OpenStack Powered product, and you will be able to count on those as your solid foundation for cloud,” Bryce said.

Meanwhile, the Kilo release of OpenStack, available since last month, added the Keystone service as a fully integrated module for the first time.

Despite this, OpenStack said that over 30 products and services in the OpenStack application catalogue support federated identify as of today, and that many OpenStack cloud providers have committed to supporting it by the end of this year.

Together, these two announcements are significant for OpenStack’s hybrid cloud proposition, as they will make it much easier to link a customer’s private cloud resources with those of a public cloud provider.

OpenStack Powered certification means that users can count on a consistent environment across the two, while Keystone provides a common authentication system that can integrate with directory services such as LDAP.

One company already taking advantage of this is high-tech post-production firm DigitalFilm Tree which has been working with HP and hosted private cloud firm Bluebox to build a totally cloud-based production system for film and TV content.

The firm demonstrated at the summit how the system enables footage to be captured and uploaded to one cloud, then transferred to another cloud for processing.

Bryce explained that this is just one example of how OpenStack is driving new use cases and expanding what people can do across a variety of industries.

“Interoperability means you can share your cloud footprint. It shows the power of the ‘OpenStack planet’ we are trying to build,” he said.

 

Courtesy-TheInq

Asus To Offer The Zenfone 2 For $199

May 20, 2015 by mphillips  
Filed under Mobile

Asus isn’t exactly known for smartphones in the U.S., but the company is trying to make a strong statement with the Zenfone 2, which packs more storage than similarly priced competitors.

The Zenfone 2, which has a 5.5-inch display with a resolution of 1920 x 1080 pixels, starts at $199. It will began shipping on Tuesday with Google’s Android 5.0 mobile operating system.

A model with 4GB of RAM and 64GB of storage goes for $299, while the $199 model has 2GB of RAM and 16GB of storage. The smartphone is shipping as an unlocked device, meaning it will work with multiple carriers.

It has an Intel 64-bit Atom Z3580 processor code-named Moorefield and a PowerVR G6430 graphics processor, which is capable of handling 1080p video rendering.

The Zenfone 2 has a 5-megapixel front camera and a 13-megapixel rear camera, as well as two SIM slots.

Asus wants to make a mark in the U.S, and with this smartphone it hopes to find an audience, said Jonney Shih, chairman of Asus, during a press event in New York.

The ZenFone 2 is already shipping in 15 countries worldwide. For the U.S. market, Asus has tweaked the smartphone with some new features including a better LTE modem.

Other features include 802.11ac wireless and LTE-Advanced capabilities. The device supports carrier aggregation, and LTE data transfers can touch up to 250M bps (bits per second).

This is also a big product release for Intel. The Zenfone is the second smartphone in the U.S. that uses one of its chips. It’s also Intel’s first smartphone in the U.S. with the XMM 7260 LTE modem. An Intel chip is already being used on Asus’s Padfone X Mini, which is primarily a 4.5-inch smartphone that turns into a 7-inch tablet with an accessory.

 

 

 

Will Tablets Stage A Comeback?

May 20, 2015 by Michael  
Filed under Computing

Analyst at IDC have consulted their tarot cards and are predicting that tablets will survive in the business area.

The overall tablet market in Western Europe remained challenged in the first quarter of 2015, declining 10.5 percent on year with shipments totaling 8.5 million units. The contraction, was the result of consumers realising that tablets were a fad and had no actually use at all.

But IDC sees a feature for the technology in the commercial space with volumes increasing 51.3per cent  from the same period in 2014. This is particularly in the area of 2-in-1s which are essentially a re-incarnation of netbooks with a touch screen.

In terms of product category, the share of 2-in-1s, albeit growing, remains in single-digit territory at 5.9 per cent. Nevertheless, the popularity of these devices continued to increase among consumers as well as enterprises, driving shipments up 44.4 per cent.

Chrystelle Labesque, research manager, IDC EMEA Personal Computing said that the fact there were no major product launches, the beginning of 2015 failed to stimulate stronger consumer demand.

“Growth opportunity, however, clearly continues to come from enterprises and professional segments. Vendors have significantly expanded their product portfolio with devices optimized for business usage. Demand for 2-in-1 devices is gathering momentum driven by improved hardware offers as well as adjusted price points that are attracting private users as well as professionals,” she said,

Marta Fiorentini, senior research analyst, IDC EMEA Personal Computing claimed that tablet usage for professional purposes was a reality.
“Deployment is no longer limited to a few early adopting countries or businesses. Adoption is far from being mainstream but we now see companies of all sizes choosing tablets and 2-in-1s to support their normal business activities.

The UK, France, Germany, and Northern Europe countries remain at the forefront of this trend as tablet adoption has become part of mobility and digital strategies in the private as much as public sector.

Windows 10 is likely to resolve most of the infrastructure legacy and integration problems that have so far hindered tablet and 2-in-1 adoption in some existing enterprises. The growth of the commercial segment is therefore expected to continue in the coming quarters, supporting overall market volumes in 2015 and beyond.”

Android devices account for the majority of the market thanks to the large number of vendors offering tablets running on this OS. The largest vendor, Samsung, under-performed the market in the consumer segment in the first quarter of 2015, but showed strong commercial results.

The rest of the market is represented by Windows devices, which posted strong double-digit growth for the third quarter in a row.

Courtesy-Fud

AT&T To Offer Exclusive Content For Connected Cars

May 20, 2015 by mphillips  
Filed under Consumer Electronics

AT&T Inc is preparing to bring connected car users exclusive content such as videos and games that can be streamed onto personal mobile devices later this year, AT&T’s senior vice president of emerging devices Chris Penrose said.

“It’s no different than being able to hook onto a Wi-Fi hotspot anywhere and get access to content you already subscribe to and get unique content that you could only get in the back of the vehicle,” Penrose said.

AT&T has signed up eight automaker partners, including General Motors Co, Audi AG and Ford Motor Co, to hook up cars with Internet access. The goal is to offer free or paid content exclusively for connected car users and sell more data, Penrose said in a recent interview.

AT&T is talking to its auto industry partners and content companies to bring new content like “special” shows or gaming levels on phones and tablets in connected cars, Penrose said. This would be in addition to subscription services such as Hulu and Netflix that users can already stream on mobile devices.

Most Americans already own a mobile phone, and the $1.7 trillion U.S. wireless industry is turning to connected cars and devices for growth. Besides being the essential pipes that deliver data, telecom players such as AT&T are looking to extract revenue from content.

GM has begun testing new content on its OnStar in-vehicle service best known for connecting drivers to live operators for directions or emergency help.

The subscription-based service, which also sells data to drivers, has special offers and some exclusive content on apps such as Famigo, an educational app for kids, and TumblebooksTV, a children’s digital books app. It also has retail partnerships with Dunkin’ Donuts and travel booking site Priceline.com for location-based deals.

AT&T is exploring business models that include revenue share for data, content and advertising with automakers, content and retail partners, Penrose said without sharing specific details.

AT&T is working with automakers to design a landing page or a portal for users to log in to access content, get vehicle service updates and buy data, he said.

 

 

Bing Follows Google In Favoring Mobile-Friendly Sites

May 19, 2015 by mphillips  
Filed under Mobile

Microsoft is changing how it ranks Bing search results for mobile users, prioritizing sites that display better on smaller screens to accommodate the increased use of mobile search.

The changes, announced Thursday, come less than a month after Google started prioritizing mobile-optimized sites in its search results. Both companies are looking to attract more users by providing a better search experience on smartphones and tablets.

Microsoft said it expects to roll out the changes in the coming months. Sites that display well on smaller screens will also be flagged with a new “mobile friendly” tag.

In the U.S. last year, Bing had roughly 6 percent of the mobile search market, compared with Google’s 83 percent, according to figures from StatCounter.

The changes don’t mean mobile-optimized sites will necessarily appear at the top of results. “You can always expect to see the most relevant results for a search query ranked higher, even if some of them are not mobile friendly,” Microsoft said.

It considers a variety of elements to decide which sites display best on smartphones and tablets. For example, sites with large navigational elements that are spaced well apart will be prioritized, as well as sites that don’t require a lot of zooming and lateral scrolling. Bing will also favor sites with mobile-compatible content. That means pages with Flash content, which doesn’t work well on iOS devices, might get demoted.

Microsoft highlighted Fandango’s mobile site as one that will be prioritized under the changes, more so than Movies.com.

The company has also developed a tool to help webmasters assess the mobile friendliness of their sites. It will be made available in a few weeks.

 

 

 

 

Qualcomm Strengthens IoT Lineup

May 19, 2015 by Michael  
Filed under Computing

Qualcomm is wedging its foot more firmly in the Internet of Things (IoT) door by announcing a range of moves to secure its position in the market.

The first announcement sees the firm expanding its Internet of Everything (IoE) platform with the addition of six new ecosystem providers: Ayla Networks, Exosite, Kii, Proximetry, Temboo and Xively by LogMeIn.

“This will further simplify the development of devices that use WiFi to connect to the IoE by increasing cloud service flexibility and making these solutions available in a broader global reach,” Qualcomm said.

Qualcomm has also introduced two connectivity solutions, the QCA401x and QCA4531, which bring WiFi capabilities to connect products across development platforms and “give customers an expedited and cost-effective path to deployment”.

The QCA401x is designed to ease manufacturer demand for increased computing and memory while lowering size, cost and power consumption, Qualcomm said.

It features a fully integrated micro controller unit with up to 800KB of on-chip memory and an expanded set of interfaces to directly interconnect with sensors, display and actuators, further reducing system cost, size and complexity.

The QCA401x also includes a suite of communication protocols including Wi-Fi, IPv6, and HTTP, as well as an advanced security feature designed to maximise security in IoT devices.

The QCA4531 is a low-cost turnkey solution that brings high-performance connectivity with a user-programmable Linux/OpenWRT environment.

It is designed to serve as an IoT node taking advantage of the Linux framework and as a hub to enable an IoT Ecosystem.

“As the [IoT] ecosystem expands, the QCA4531 is ideal for multi-protocol bridging and communication, bringing together multiple wireless medium and bridging between different ecosystems,” said Qualcomm.

The QCA4531 can function as an Access Point supporting up to 16 simultaneous devices, and is also power-optimised to enable appliances to meet international standards for energy efficiency.

The firm also banged on about the development of its subsidiaries Qualcomm Technologies, Qualcomm Atheros, Qualcomm Life, and Qualcomm Connected Experiences, and their progress across its range of IoT technologies.

Broadly, this includes an increased focus on providing better connectivity in the smart home with the AllSeen Alliance, as well as the development of more wearables in more countries, deploying more connected cars, more active engagements in smart city developments and partnering with more customers for connected healthcare.

“Driven by the significant growth and diversity of interconnected devices, Qualcomm companies are delivering the solutions and collaborating with technology leaders to empower manufacturers to create the best connected experiences in homes, businesses, cars and cities,” the firm said.

Qualcomm also announced additional features in its AllPlay smart media platform, including Bluetooth to WiFi re-streaming, custom audio settings and optimised synchronisation. The new AllPlay feature combines Bluetooth and WiFi for “whole home streaming”.

This means that all local or cloud-based music on a consumer’s smartphone can be streamed to any Bluetooth-compatible AllPlay speaker and then re-streamed over WiFi to multiple AllPlay speakers, all in sync.

This allows simple wireless connectivity to individual speakers or an entire home audio system over the user’s existing home WiFi network, providing an advantage over Bluetooth-only speakers which are limited to one-to-one streaming.

“The range and capacity of WiFi, coupled with the ubiquity of Bluetooth, is a game-changing combination for manufacturers and consumers alike,” said Sy Choudhury, senior director of product management at Qualcomm.

“AllPlay device manufacturers like Hitachi and Monster can now offer their customers more connectivity options and access to myriad streaming services throughout their home with this new capability.”

Qualcomm announced last month that it has teamed up with Dutch semiconductor maker NXP to bolster its near field communication offering, expanding the technology outside the smartphone and into IoT devices.

NXP’s embedded secure element will be integrated across Qualcomm’s Snapdragon 800, 600, 400 and 200 processor-based platforms.

The new offering features a module variant derived from the recently launched NXP PN66T NQ220 module, now named the NQ220.

Courtesy-Fud

Google To Ad ‘Buy’ Button To Mobile Search Results

May 18, 2015 by mphillips  
Filed under Mobile

Google will add a “buy” button in its search results on mobile devices in the coming weeks, according to a report last Friday in the Wall Street Journal, a move that could give online shoppers an easier way to buy products on small screens.

The change might also give consumers an alternative to mobile apps from companies like Amazon and eBay, though it might jeopardize retailers’ ability to directly market to their customers.

The buy button will appear on Google’s search results pages when people search for certain products on mobile devices, said the report, which cited unnamed sources. If users click on the buttons, they’ll be taken to another Google page where they can choose among sizes and colors, select shipping options and complete the purchase, the report said.

Google reportedly will let shoppers enter their payment information just once, store it, and automatically load it for future purchases on Google’s shopping pages.

The products will still be provided and sold by the retailer and not by Google. Macy’s is in talks with Google to take part in the launch of the button, according to the Wall Street Journal report.

Representatives of Google and Macy’s did not immediately respond to requests for comment on Friday.

The buttons will accompany only sponsored search results, not regular results driven by Google’s basic search algorithm, the report said. At first they will only appear with a small percentage of Google’s search traffic.

Over time, the buttons could help Google expand its search service beyond information and links to also encompass an online storefront.

 

 

Will A.I. Create The Next Industrial Revolution?

May 18, 2015 by Michael  
Filed under Computing

Artificial Intelligence will be responsible for the next industrial revolution, experts in the field have claimed, as intelligent computer systems replace certain human-operated jobs.

Four computer science experts talked about how advances in AI could lead to a “hollowing out” of middle-income jobs during a panel debate hosted by ClickSoftware about the future of technology.

“It’s really important that we take AI seriously. It will lead to the fourth industrial revolution and will change the world in ways we cannot predict now,” said AI architect and author George Zarkadakis.

His mention of the “fourth industrial revolution” refers to the computerization of the manufacturing industry.

If the first industrial revolution was the mechanisation of production using water and steam power, followed by the second which introduced mass production with the help of electric power, then the third is what we are currently experiencing: the digital revolution and the use of electronics and IT to further automate production.

The fourth industrial revolution, which is sometimes referred to as Industry 4.0, is the vision of the ‘smart factory’, where cyber-physical systems monitor physical processes, create a virtual copy of the physical world and make decentralized decisions.

These cyber-physical systems communicate and cooperate with each other and humans in real time over the Internet of Things.

Dan O’Hara, professor of cognitive computing at Goldsmiths, University of London, explained that this fourth industrial revolution will not be the same kind of “hollowing out” of jobs that we saw during the last one.

“It [won't be] manual labour replaced by automation, but it’ll be the hollowing out of middle-income jobs, medium-skilled jobs,” he said.

“The industries that will be affected the most from a replacement with automation are construction, accounts and transport. But the biggest [industry] of all, remembering this is respective to the US, is retail and sales.”

O’Hara added that many large organisations’ biggest expense is people, who already work alongside intelligent computer systems, and this area is most likely to be affected as companies look to reduce costs.

“Anything that’s working on an AI-based system is bound to be very vulnerable to the replacement by AI as it’s easily automated already,” he said.

However, while AI developments in the retail space could lead to the replacement of jobs, it is also rather promising at the same time.

Mark Bishop, professor of cognitive computing at Goldsmiths, highlighted that AI could save businesses money if it becomes smart enough to determine price variants in company spending, for example, scanning through years of an organisation’s invoice database and detecting the cheapest costs and thus saving on outgoings.

While some worry that AI will take over jobs, others have said that they will replace humans altogether.

John Lewis IT chief Paul Coby said earlier this year that the blending of AI and the IoT in the future could signal the end of civilisation as we know it.

Coby explained that the possibilities are already with us in terms of AI and that we ought to think about how “playing with the demons” could be detrimental to our future.

Apple co-founder Steve Wozniak added to previous comments from Stephen Hawking and Elon Musk with claims that “computers are going to take over from humans”.

Woz made his feelings on AI known during an interview with the Australian Financial Review, and agreed with Hawking and Musk that its potential to surpass humans is worrying.

“Computers are going to take over from humans, no question. Like people including Stephen Hawking and Elon Musk have predicted, I agree that the future is scary and very bad for people,” he said.

Courtesy-TheInq

 

Is The DRAM Market Gaining Traction?

May 18, 2015 by Michael  
Filed under Computing

DRAM market conditions will be better in the third quarter of 2015, recovering from the bad first half of the year, according to Inotera.

Inotera chairman Charles Kau said that it was unclear if DRAM prices will stop falling and rebound in the third quarter.

Inotera on May 11 signed a $508 million five-year syndicated loan agreement with a consortium of local banks in Taiwan in the hope of getting a bit of flexibility until things pick up.
The outfit was not thinking of flogging any of the family silver, but plans to start distributing dividends to shareholders in 2016, Kau noted.

In 2014, non-PC DRAM products accounted for 60 per cent of Inotera’s total revenues. The company will continue to improve its product mix in 2015, while making progress in the transition to 20nm process technology.

Kau told Digitimes that Inotera http://www.digitimes.com/news/a20150512PD219.html plans to have 80 per cent of its total production capacity to be built using a newer 20nm node by the end of 2015.

Meanwhile it is not planning any big capital expenditure, he said.

Courtesy-Fud

Sally Beauty Holdings Confirms Second Data Breach

May 17, 2015 by mphillips  
Filed under Around The Net

Sally Beauty Holdings has confirmed that hackers breached its payment systems and stole customer card data again. About a year ago the retail chain suffered a similar intrusion.

The company launched an investigation in early May after receiving reports of unusual activity involving payment cards used at some of its stores. While it now has sufficient evidence to confirm an illegal intrusion, the company declined to comment on the breach’s scope until the forensics investigation is complete.

Sally Beauty is one of the largest retailers of beauty products in the U.S. and has over 4,500 stores.

In March last year, the company said hackers stole up to 25,000 customer records containing payment card data. According to the company’s annual report for 2014, attackers managed to install malware on some of its point-of-sale systems and captured “track 2″ card data.

Track 2 refers to one of the data tracks encoded on a card’s magnetic stripe. It contains the card’s number and expiration date and can be used by criminals to clone it.

“There can be no assurances that we will not suffer another cyber-attack or data security breach in the future and, if we do, whether our physical, technical and procedural safeguards will adequately protect us against such attacks and breaches,” the company said in its report.

The compromise of point-of-sale systems with memory-scraping malware has resulted in some of the largest card breaches over the past two years. The technique was used to steal 56 million payment card records from Home Depot last year and 40 million from Target in late 2013.

 

 

Verizon And Sprint Ordered To Issue Refunds For Cramming

May 15, 2015 by mphillips  
Filed under Mobile

If you are a current or former Verizon or Sprint customer, then you should review your bill to see if you ever received questionable charges from third-parties that you did not authorize or for services you did not receive. It’s a practice known as mobile “cramming” and all the big wireless carriers have been found guilty of billing customers for unauthorized third-party premium text message services. Ringtones are but one example of Premium Short Messaging Services (PSMS) which customers did not authorize but wireless carriers still billed for such third-party services.

FTC and FCC announced, “Verizon Wireless will pay $90 million and Sprint Corporation will pay $68 million to settle investigations that revealed the companies billed customers millions of dollars in unauthorized third-party premium text messaging services.”

“For too long, consumers have been charged on their phone bills for things they did not buy,” said FCC Chairman Tom Wheeler. “We call these fraudulent charges ‘cramming,’ and with today’s agreements we are calling them history for Verizon and Sprint customers.”

According to the FCC, the wireless carriers must now “obtain informed consent” before allowing third-party charges and those charges must be “clearly and conspicuously” identified on phone bills. Additionally, the FCC’s Enforcement Bureau requires Verizon and Sprint to “offer a free service for customers to block all third-party charges.”

You have until December 31, 2015 to submit a claim to Verizon and Sprint.