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Is Internet Explorer Being Exploited By Hackers?

July 25, 2014 by Michael  
Filed under Computing

Microsoft’s Internet Explorer (IE) has seen a 100 percent explosion of reported security vulnerabilities in just six months, according to security firm Bromium labs.

Bromium has studied the security vulnerability market intensely and found that in the last six months Microsoft released more security patches than it had during the entire last decade. Internet Explorer also leads in publicly reported exploits.

“Internet Explorer took the cap for historic high number of security patches in over a decade, and that feat was accomplished in the first six months of 2014,” it said. “As timelines to the next version of the latest Internet Explorer shrink, times to the next security patches have also shrunk.”

It is not all bad news for Microsoft, though, and the report said that Adobe Flash is the most targeted in-browser software product, adding that this often gives attackers new vectors into IE.

“End users remain a primary concern for information security professionals because they are the most targeted and most susceptible to attacks,” said Bromium chief security architect Rahul Kashyap.

“Web browsers have always been a favorite avenue of attack, but we are now seeing that hackers are not only getting better at attacking Internet Explorer, they are doing it more frequently.”

There’s good news for Oracle, however. While its Java platform was “the notorious king” of malware and zero-day attacks in 2013, there have been no reported zero-day exploits targeting Java so far in 2014.

Bromium Labs’ report (PDF) is called “Endpoint Exploitation Trends H1 2014″ and is available now.

Courtesy-TheInq

Several Countries Now Have More Wireless Devices Than People

July 24, 2014 by mphillips  
Filed under Mobile

Wireless broadband subscriptions now outnumber people in seven countries as consumers continue to add smartphone and tablet devices to their personal electronics arsenal, according to a new report.

Finland, Australia, Japan, Sweden, Denmark, South Korea and the U.S. had wireless broadband penetration of more than 100 percent as of December 2013, the Organization for Economic Cooperation and Development said Tuesday. That means there was more than one wireless broadband subscription per person, usually because consumers have more than one mobile device that can go online. The U.S. just barely crossed the bar, while Finland led the group with more than 123 percent penetration.

Across all 37 OECD countries, wireless broadband penetration rose to 72.4 percent as total subscriptions grew 14.6 percent. The group spans North America, Australia, New Zealand, and much of Europe, as well as Japan, South Korea, Turkey, Israel, Mexico and Chile. It’s sometimes treated as a barometer of the developed world.

Wired broadband subscriptions also grew in 2013, reaching an average of 27 percent penetration. That means there was just over one wired subscription per four people: Wired broadband services, such as cable and DSL (digital subscriber line), typically are shared. Switzerland led in that category with 44.9 percent penetration, followed by the Netherlands and Denmark. The U.S. had just under 30 wired subscriptions per 100 people, while Turkey came in last with just over 11.

DSL still makes up a majority of wired broadband subscriptions, at 51.5 percent, followed by cable with 31.2 percent. Fiber-optic grew to a 16.7 percent share, gradually replacing DSL services. Fiber more than doubled its share of the market in the U.K. and also gained strongly in Spain, Turkey and France. While those countries still have relatively low fiber penetration, Japan and Korea continued to lead the OECD for that technology. Nearly 70 percent of all wired broadband in Japan goes over fiber, and almost 65 percent in Korea.

The OECD has compiled some of its broadband statistics on a portal page. For all the technologies it tracks, the group uses a generous definition of broadband as a service capable of at least 256K bits per second downstream.

 

 

Intel Develops Self-encrypting SSD

July 24, 2014 by Michael  
Filed under Computing

Intel has announced the Drive Pro 2500 series of solid state disk (SSD) drives that are “self encrypting”, which the firm says makes them more secure against data breaches.

Aimed at businesses, the Intel SSD Pro 2500 series will come in a 2.4in 7mm form factor with 120GB, 180GB, 240GB, 360GB and 480GB capacities, M.2 80mm size with 180GB, 240GB and 360GB capacities, and M.2 60mm size with 180GB or 240GB capacities.

Intel promises that each form factor type will provide random input/output operations per second (IOPS) of up to 48K/80K and sequential read/write data transfer speeds of up to 540/490MBps.

“[The] Solid State Drive Pro 2500 series [has] over [six times] higher performance with new advanced low power modes yielding an optimized user experience and longer battery life,” Intel said in a press briefing.

In terms of power, the drives will have an active wattage of 195mW, idle 55mW and devsleep of 5mW. The drives will also ship with Intel vPro-capable remote manageability features.

Intel said that the reason behind the launch of the self encrypting SSDs is due to rise of data breaches affecting businesses having “significant financial consequences”.

Intel said the average cost of data breach incident is in the region of $3.4m (£2m), with malicious attacks being the main cause. The firm also said that lost laptops are a concern and the average cost of a lost unencrypted device is $50,000 (£30,000) including intellectual property loss, data breaches, lost productivity, replacement and legal costs, so the need for businesses to encrypt data is more pressing than ever.

Data breaches are also becoming a bigger concern on a personal level, too, as it has emerged that cyber crooks are increasingly turning to “sextortion” attacks in which they blackmail victims with the threat of exposing explicit photographs or messages.

Security experts warned that cyber criminals might try to befriend victims and trick them into sharing pictures, or may use malware to target victims’ webcams and take pictures themselves in order to acquire blackmail material.

Courtesy-TheInq

 

Western Digital Updates The Red Line

July 23, 2014 by Michael  
Filed under Computing

Western Digital has announced an upgrade of its WD Red range, providing a single brand structure across consumer and enterprise.

The WD Red range is aimed primarily at network attached storage (NAS) applications, and is joined by a new WD Red Pro line. Both sub-ranges are controlled by upgraded firmware called NASware 3.0.

At a briefing last week, Western Digital’s UK country manager Jermaine Campbell explained that the new firmware will be able to instruct the drive to work in different ways according to the function it is performing at the time, therefore adapting its performance to best use system and energy resources.

In addition, it increases the number of bays supported from five to eight without performance impact, with the Pro range able to support up to 16 bays and rack mounted configurations.

3D Active Balance combines firmware instruction with a new flexible drive head to provide vibration protection and judder compensation for improved reliability.

The consumer range introduces 5TB and 6TB capacities to the range, joining the existing 1TB, 2TB and 4TB models. The Pro range is available in 2TB and 4TB versions. The five platter 6TB version is, WD claims, a first to market for a NAS specific drive.

Campbell explained that “the market wants high capacity” and confirmed that WD still believes that “platter based drives offer the best combination of performance and price”.

Pricing for the drives ranges from $399 for the 5TB and $440 for the 6TB, backed by a three-year warranty. The Pro range starts at $224 for 2TB up to $299 for 4TB with a five-year warranty.

WD Red drives can also be found in the company’s Mycloud range of consumer NAS devices with personal cloud functionality.

Courtesy-TheInq

China’s Rush To The Internet Is Slowing

July 22, 2014 by mphillips  
Filed under Around The Net

China’s once furious pace to get on the Internet is slowing, with the country adding only 14.4 million new Internet users in the first half of 2014, the lowest half-year growth in eight years.

There were 632 million Internet users in China in June, according to the government-linked China Internet Network Information Center (CNNIC).

Although China has long reigned as the country with the world’s largest Internet population, the services are still struggling to take off in the rural areas, where about 450 million people never go online, said the CNNIC in its bi-annual report.

Total Internet penetration in China is at 46.9 percent. This is far lower than the U.S, which has a penetration rate of 87 percent, according to Internet World Stats.

Many of these non-Internet users in China have low education levels, and have little need to surf the Web, the research group added. To increase adoption, the CNNIC recommended that the country focus on teaching rural elementary students Internet skills.

The slowing growth in Internet usage in China follows a rapid rise in the Internet population there, from just 94 million over a decade ago. Most of the growth has taken place in the country’s urban areas, where the Internet market has begun to mature.

In June, China had 527 million users who went online with mobile phones, which have now overtaken PCs, including both notebooks and desktops, as the most popular way to reach the Internet, the CNNIC said.

Online messaging, search engines, and news are the country’s top Internet services. But social networking sites are facing a decline in popularity, with their user numbers falling by 7.4 percent to 257 million in the last six months. The sites are struggling to innovate, and meet the demands of users, CNNIC said in its report.

 

Lenovo Says It’s Still In The 8-in. Windows Tablet Game

July 22, 2014 by mphillips  
Filed under Consumer Electronics

Lenovo on Friday said it would continue selling sub-10-in. Windows tablets in the U.S., backing away from statements it made the day before, when it said it was pulling the ThinkPad 8 from the North American market and had discontinued offering a model of the Miix 2.

“We will continue to bring new Windows devices to market across different screen sizes, including a new 8-inch tablet and 10-inch tablet coming this holiday,” Lenovo said in a press release published on its website Friday.

“Our model mix changes as per customer demand, and although we are no longer selling ThinkPad 8 in the U.S., and we have sold out of Miix 8-inch, we are not getting out of the small-screen Windows tablet business as was reported by the media (emphasis in original),” the statement continued.

On Thursday, the IDG News Service — like Computerworld, owned and operated by IDG – reported the withdrawal of the ThinkPad 8 and the 8-in. Miix from the U.S. market. The ThinkPad 8 had debuted in January at prices starting at $449, and the similarly-sized Miix had launched in October 2013.

Lenovo told IDG News that it was diverting remaining stocks of the ThinkPad 8 to other countries, including Brazil, China, and Japan, where demand was stronger for smaller Windows 8.1-powered tablets.

The China-based company, which has made impressive gains in the global market — it was the world’s largest personal computer seller during the second quarter, ahead of Hewlett-Packard and Dell, according to IDC — did not say exactly when it would return with an 8-in. device. If it begins selling the unnamed device in October, typical of OEMs that seed the channel then for the holiday sales season, it will have been absent from the market for two or more months.

 

 

Dell Is Now Accepting Bitcoin Payments

July 21, 2014 by mphillips  
Filed under Around The Net

Want to purchase a laptop with bitcoins? Dell is now accepting the digital currency as a form of payment.

Consumer and business shoppers can pay for products directly via bitcoins or through Coinbase, a third-party payment processing company, Dell said.

Buyers can pay for products through Bitcoin wallets or by scanning a QR code with a smartphone.

The volatile Bitcoin has had its share of controversies and exchange shutdowns as the currency matures. Companies like Overstock.com, Newegg, Expedia and some Amazon storefronts accept Bitcoin as a form of payment. But major retailers like Walmart and eBay have not warmed up to the idea. The value of one bitcoin was around $630 as of Friday, according to multiple cryptocurrency website.

There are some advantages to paying via Bitcoin. The form of currency is accepted around the world, and for Dell, the payment-processing cost is less than with credit cards.

But the form of payment has its quirks.

“Due to the nature of the Bitcoin network, once you initiate a Bitcoin transaction you cannot change or cancel it,” Dell said on a terms and conditions page.

Customers could seek refunds in the case of canceled transactions or product returns.

“For a qualifying return of product paid for in Bitcoin, any refund due will be remitted to the purchaser via check in U.S. Dollars for the full amount of the purchase price paid at the time of the original transaction, less any applicable restocking fees,” Dell said.

 

Google’s Growth Will Be In A Shift To Mobile

July 21, 2014 by mphillips  
Filed under Around The Net

Google Inc  is the more properly positioned than any company to benefit from the shift to mobile, increased local advertising and wearables, analysts said after the search giant posted its 18th straight quarter of 20 percent-plus revenue growth.

At least eight brokerages raised their price targets on the stock on Friday by as much as $75, to a high of $745.

The company, which is also set to benefit from the so-called “internet of things”, said that second-quarter revenue rose 22 percent to $15.96 billion, beating the average analyst estimate of $15.61 billion.

Growth was driven by the company’s core search business, YouTube and product-listing ads, which combined to drive three times as much mobile traffic for merchants compared with last year, Jefferies analysts wrote in a note.

Brokerage Jefferies maintained its “buy” rating and $700 price target on the stock.

Of the 46 analysts covering Google, 36 have a “buy” or a higher rating on the stock and 10 have a “hold”. There are no “sell” ratings, according to StarMine data.

Google earns most of its revenue from advertising.

The number of “paid clicks” by consumers on ads serviced by Google increased 25 percent year-on-year in the quarter.

However, the average price of the ads declined 6 percent as ad rates on mobile phones are typically cheaper than traditional online ads because of their smaller screens.

“Google is successfully transitioning its business from PC to mobile, and is arguably in a more favorable position in mobile than it was in PC, which should eventually be reflected in a higher multiple,” Deutsche Bank analyst Ross Sandler wrote in a client note.

Google also owns Android, the world’s most-used mobile software, and YouTube, the most popular video-streaming service.

Other online companies such as Facebook Inc and Twitter Inc  are also revamping their advertising businesses to take advantage of the shift to mobile devices.

But Google has established unusually deep competitive “moats” around its business through scale, aggressive product innovation and substantial investment, RBC Capital Markets analysts wrote in a research note.

Google’s capital investment budget has topped $17 billion over the past five years, and the company has spent about $13 billion on research, according to analysts.

The company is also spending big to push into new markets with innovations such as wearable computers, ultra high-speed internet access and home automation – the “internet of things.”

 

 

AMD Tumbles

July 21, 2014 by Michael  
Filed under Computing

AMD’s debt load is causing huge problems for the chipmaker — this quarter it had another substantial loss. The tame Apple Press has been claiming that AMD’s woes are caused by the fact it did not move to mobile as was directed by the profit Steve Jobs. They claim, along with some of the dafter analysts, that mobile computing has replaced the PC and companies that stuck to the “old technology” suffered.

However that does not explain how Intel made a stonking profit mostly because of its PC chip sales while its mobile division bled cash. The insistence that mobile was a replacement technology, rather than a parallel development which would not have been noticed if the economy had not tanked, is evidence of how many analysts and hacks drank the Jobs’ kool aid.

AMD’s problems are a lot more obvious. Each quarter it has to pay $49 million to service its huge debt pile. If it did not have to do this the company would have reported a non-GAAP operating profit of $67 million. In fact AMD’s revenue rose 24 percent to $1.44 billion in the second quarter. The company said its third-quarter revenue would rise 2 percent, plus or minus 3 percent, from the June quarter. That would be about $1.47 billion. Analysts on average had expected revenue of $1.44 billion in the second quarter and $1.57 billion in the third quarter.

AMD’s stock fell 15 percent in extended trade after the outfit said it had a net loss of $36 million in the June quarter, compared with a loss of $74 million, a year earlier. AMD has been expanding into non-PC markets like game consoles and low-power servers and it aims to obtain half of its revenue from those additional businesses by the end of 2015. It is also doing well in professional graphics.

Revenue in the Computing Solutions Group dropped 20 percent from a year ago, to $669 million, as microprocessor unit shipments declined. But notebook processor sales rose, while AMD sold fewer desktop processors and chipsets. GPU revenue declined as well, partially offset by a rise in chips sold into graphics workstations and add-on cards.

Courtesy-Fud

Amazon.com Considering Unlimited E-book Subscription Offer

July 18, 2014 by mphillips  
Filed under Consumer Electronics

Amazon.com appears to be considering a $9.99-a-month e-book and audiobook subscription service dubbed “Kindle Unlimited.”

The as-yet-unreleased service would offer unlimited access to more than 600,000 book titles and thousands of audiobooks on any device, according to a test page that was briefly online. The test page was cached before it was taken down.

The test page was apparently first spotted by gigaom.com.

Amazon.com did not immediately respond to a request for comment.

The test page notes that popular titles in Kindle Unlimited include books likeWater for Elephants and Life of Pi. It also includes the Hunger Games series and the Harry Potter series.

Book categories include science fiction, romance and mystery/thriller and suspense.

If Amazon does release this subscription service, it could be a big deal – not just for the company but for the e-books business.

“This could be a huge game changer in the publishing field, changing the economic model of the entire industry,” said Dan Olds, an analyst with The Gabriel Consulting Group. “There are going to be some sticky problems, like how to work out compensation between the myriad of large and small publishers, plus those who publish for themselves using Amazon as their sole distribution platform. But I think this could be wildly popular with readers.”

For avid readers, it would likely be popular.

“Amazon’s all-you-can-read Kindle buffet would reduce costs for a large number of readers, and at the same time, probably increase Amazon’s Kindle revenue,” said Olds. “While other e-book publishers will see the need to respond with plans of their own, Amazon’s sheer scale will make it difficult for them to come up with a competitive plan. Amazon already has a massive number of publishers and authors on their platform.”

 

Will Qualcomm And Apple Give TSMC The Boot

July 18, 2014 by Michael  
Filed under Computing

TSMC saw its share price drop dramatically on Thursday as analysts predicted a loss of orders for next generation chips from Apple and Qualcomm.

Falling by almost six percent, the share price fell after industry expert and KGI Securities analyst Michael Li predicted that big device and chip designers such as Apple and Qualcomm will likely buy a larger proportion of 14nm smartphone chips from Samsung rather than TSMC beginning in the second half of 2015, according to Reuters.

Liu did not reveal the source of his information, which he issued late on Wednesday following an investor conference held after TSMC reported its second quarter earnings.

Despite the news, TSMC, which is the world’s largest contract chip maker, reported its highest quarterly profit since the end of 2006, and said it expects revenue to grow at least a record 20 percent this year.

However, reports sent TSMC’s share price down by around 5.75 percent in Thursday trade compared with a one percent decline in the benchmark index.

On Wednesday, chip maker Intel posted a quarterly record for microprocessor unit sales with better than expected earnings for the second quarter.

The record-breaking figures showed second quarter earnings of $2.8bn  on $13.8bn  in revenue, and were owing to the firm’s surprisingly strong sales in the PC client group, which pulled in $8.7bn in revenue, as well as its data center and internet of things divisions.

Intel’s earnings of $0.55 per share were slightly above the expectations of Wall Street analysts, which had forecast lower earnings per share of $0.52 on revenue of $13.69bn.

The boost in the earnings of Intel’s PC client group could be attributable to a growing number of businesses upgrading their old PC systems due to the end of life of Windows XP.

Courtesy-TheInq

Bank Of America Accused Of Using $300M Worth Of Illegal Software

July 17, 2014 by mphillips  
Filed under Around The Net

Bank of America illegally copied $300 million worth of Tibco’s enterprise software for use in a large-scale IT project at its Merrill Lynch subsidiary, Tibco alleges in a lawsuit.

The bank amassed huge quantities of Tibco software while it was still within the terms of a license agreement that expired in February 2013, then used the software for the project when it was out of license, according to the suit.

As of Tuesday, Bank of America hadn’t filed a response to Tibco’s suit, which was filed last month in the U.S. District Court for the Northern District of California. But a spokesman said the bank had done nothing wrong.

“We have a long history of positive relationships with our third party partners,” spokesman Mark Pipitone said via email. “In accordance with that, we have acted in good faith to observe the scope of Tibco’s license at all times, and we intend to vigorously defend ourselves.”

Tibco’s lawsuit provides a detailed narrative of Bank of America’s alleged wrongful deeds.

The bank is a long-time Tibco customer, and an addendum to its 2010 license agreement allowed Bank of America to deploy various Tibco products for a further three years from that date, the suit states.

But the license had “specific restrictions” on how the bank could deploy and make copies of the software, Tibco says. The restrictions aren’t specified in the lawsuit, which says some terms of the companies’ agreement are subject to a confidentiality provision.

About six months after the bank’s license expired, Tibco discovered the bank was “rolling out a large integration initiative called Merrill Lynch One,” the suit states.

It was initially deployed to 400 advisors in September 2013, with another 14,000 set to be migrated during this year, according to the suit.

The bank does “not have licensed copies of the TIBCO Registered Software, and have instead made unauthorized copies and used the same for the Merrill Lynch One Project,” the suit alleges.

The alleged stockpiling of software during the three-year license period resulted in an accumulation of copies worth at least $300 million, it says.

 

Dell Unable To Keep Up With Demand For Chromebook, Halts Online Sales

July 16, 2014 by mphillips  
Filed under Computing

Dell’s only Chromebook is at least temporarily unavailable for online purchase through the company’s website, only seven months after the became available online.

Facing rising commercial demand for the devices, Dell has not been able to keep up with orders.

The Chromebook 11, which shipped in December, is listed as unavailable on Dell’s Chromebook website, and the company is asking potential buyers to call in orders.

“Due to strong demand, the Dell Chromebook 11 is currently not available for order on Dell.com. It continues to be available for our education customers and can be ordered through their sales representative,” said Ellen Murphy, a Dell spokeswoman, in an e-mail.

The laptop will eventually come online again, though the company did not provide a specific date.

With Dell keeping Chromebook purchases open mainly to commercial customers, individual buyers may have to turn to competitive products from Samsung, Toshiba, Lenovo and Hewlett-Packard, which are available online starting at under $200.

The Chromebook is a lightweight, low-cost computer for those who do most of their computing online. It has Google’s Chrome OS, and most applications needs wireless connectivity. However, more offline applications are becoming available.

Dell’s decision comes as Chromebook shipments rise and competitors launch new models. Chromebooks accounted for 35 percent of all U.S. commercial laptop shipments to date in 2014, jumping more than 250 percent compared to the same period last year. Chromebooks accounted for 5 percent to 6 percent of overall consumer laptop sales in the period, and that number will continue to rise, said Stephen Baker, vice president of industry analysis at NPD.

More than 20 Chromebook models are expected to be available by the end of the year. Acer last week shipped two C720 Chromebook models with Intel’s Core i3 chips. Dell spokeswoman Murphy said the company is committed to Chromebooks and will launch a new model with the Core i3 processor later this year.

Dell could be choosing commercial customers over individual shipments with Chromebook demand rising during the back-to-school season, Baker said.

“In a period when the product grows, you have to make some decisions,” Baker said.

 

 

Microsoft Rumored To Be Cutting Jobs Soon

July 16, 2014 by mphillips  
Filed under Around The Net

Microsoft Corp is said to be planning its biggest round of job cuts in five years as the software giant moves to integrate Nokia Oyj’s handset unit, Bloomberg reported, citing people with knowledge of the company’s plans.

The reductions, expected to be announced as soon as this week, could be in the Nokia unit and the parts of Microsoft that overlap with that business, as well as in marketing and engineering, Bloomberg reported.

Since absorbing the handset business of Nokia this spring, Microsoft has 127,000 employees, far more than rivals Apple Inc and Google Inc. Wall Street is expecting Chief Executive Satya Nadella to make some cuts, which would represent Microsoft’s first major layoffs since 2009.

The restructuring may end up being the biggest in Microsoft history, topping the 5,800 jobs cut in 2009, the report said.

Some of the job cuts will be in marketing departments for businesses such as the global Xbox team, and among software testers, while other job cuts may result from changes Nadella is making to the engineering organization, Bloomberg reported.

Last week, Nadella circulated a memo to employees promising to “flatten the organization and develop leaner business processes” but deferred any comment on widely expected job cuts at the software company.

Nadella said he would address detailed organizational and financial issues for the company’s new financial year, which started at the beginning of this month, when Microsoft reports quarterly results on July 22.

 

SeaGate Releases Home Grown Linux OS NAS Devices

July 16, 2014 by Michael  
Filed under Computing

Seagate has taken the the wraps off its first major foray into the NAS market.

The Seagate NAS and NAS Pro range will be marketed towards the growing number of small businesses, including SOHO, prosumer and startups. The basic Seagate NAS range has been designed for businesses of up to 25 people with the NAS Pro range targetting the up-to-50-staff market.

All aspects of the new products are created in-house including the new Linux based NAS OS 4, which Seagate’s Northern European Sales Director Edouard Doutriaux told The INQUIRER is aimed at giving customers “a premium experience without the need for the knowledge of a specialist IT department”.

The simple, flat interface minimises jargon but contains all the functionality of rival offerings including iSCiSi interfacing, RAID array and data encryption. In addition, a dedicated “SDrive” offers instant mapping of the NAS within a terminal’s Windows environment.

SDrive is also available for Windows, iOS and Blackberry from launch. Where drives are supplied, they will be dedicated Seagate NAS HDD drives, but Seagate’s SimplyRAID feature also supports mixed capacity drives without downtime.

NAS units are available in two and four bay editions, with a six bay edition added for Seagate NAS Pro. Capacities range from 2TB (2x1TB) for the basic NAS version up to 30TB (6x5GB) for NAS Pro, with diskless editions also offered. All editions share the same NAS OS 4 operating system.

Prices start a to $135 for a diskless standard edition and range up to $2000 for the 30TB pro version. All are available from Seagate now, with resellers coming online soon.

Earlier this year Seagate announced the “world’s fastest” 6TB hard drive, as well as a 2TB wireless portable hard drive.

Courtesy-TheInq