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WikiLeaks Dumps CIA Hacking Docs Online
March 8, 2017
WikiLeaks on Tuesday dumped thousands of classified documents onto the Internet, exposing hacking programs used by the CIA. The torrent of data is just the first in a series of dumps WikLeaks is calling "Vault 7." This first installment includes 8,761 documents and files stolen from an isolated high-security network within the CIA's Center for Cyber Intelligence in Langley, Virginia.
After Blowout IPO, Is Snap a Keeper?
March 3, 2017
Shares of Snapchat owner Snap Inc. soared higher on Friday, following Thursday's successful initial public offering. After debuting at $17.00 on the New York Stock Exchange, Snap shares rose 44 percent to $24.48 on Thursday, well above analyst expectations, placing the company's value at $28 billion. The stock continued to trend upward on Friday, trading at $27.16 by mid-day.
GIT CEO Adriana Gascoigne: More Women in Tech Means More Problems Solved
March 3, 2017
Prior to founding Girls in Tech, Adriana Gascoigne was one of very few women working at a startup. "I'd look around the room every day and see that there was a huge problem of representation. I knew we needed to change the culture of the company to recruit more women and benefit more women, but we also needed diversity in product development ... to make a better product," she recalled.
FCC Reverses Course on Internet Privacy Rules
March 2, 2017
The Federal Communications Commission and the Federal Trade Commission on Tuesday issued a joint statement following the FCC's temporary stay of data security regulations. FCC Chairman Ajit Pai and FTC Acting Chairman Maureen K. Ohlhausen issued the statement to address the FCC's decision, in essence, to overturn rules designed to bolster broadband consumer privacy.
How Deeply Could Bribery Scandal Wound Samsung?
February 28, 2017
South Korean prosecutors on Tuesday indicted Samsung head Lee Jae-yong and four other executives on bribery and embezzlement charges, following a lengthy investigation into Lee's ties with impeached president Park Geun-hye and her confidant, Choi Soon-sil. Charges against Lee, vice chairman of Samsung Group, include pledging bribes to organizations tied to Choi.
Nokia 3310 Pushes Nostalgia Buttons
February 28, 2017
HMD Global, owner of the Nokia phone brand, on Sunday reintroduced the classic 3310 feature phone at the MWC, along with a line of brand new Nokia smartphones that run on the Android platform. The relaunch of the 3310 is the reimagination of one of the world's best-selling feature phones as a sleek, lightweight device that features 22 hours of talk time and an entire month of standby time.
Snap Sells Itself as Camera Company as IPO Nears
February 27, 2017
As it approaches its IPO, Snap, maker of the popular Snapchat messaging app, is positioning itself as a camera company. "We feel like we're really at the beginning of what cameras can do," said Snap CEO Evan Spiegel. "Before, cameras were the best way to perfectly save or record something that you saw. They sort of helped augment memory -- but now, you know, cameras augment the way that we talk."
Apple's New Space Station Ready for Takeoff
February 23, 2017
Apple on Wednesday announced that its long-awaited new headquarters, anchored by a 2.8 million square foot mothership building, is near completion. Named "Apple Park," the complex will make its official debut in April. The 175-acre campus, which falls somewhere between the Pentagon and an Olympic village in terms of size, is the fulfillment of the dream of Apple cofounder Steve Jobs.
GE Digital VP Beena Ammanath: For Most Women, STEM Is an Uphill Battle
February 23, 2017
Beena Ammanath is VP for data and analytics at GE Digital. She has worked in the data analytics field for more than 20 years and serves as board director at ChickTech, a nonprofit dedicated to recruiting girls and women into the tech workforce and retaining them once they're there. Ammanath also serves on the Cal Poly Computer Engineering Program Industrial Advisory Board.
Uber Wants Fleeing Customers to Know It's Hurting
February 23, 2017
Uber has been responding to recent requests to delete customer accounts with a statement that claims "everyone at Uber is deeply hurting" and "it's everyone's number one priority to create change in the coming months and years." The pop-up statement, which Twitter users began circulating on Wednesday, appears to be Uber's latest effort to stem the flow of customers from the company.
Federal IT Acquisition Worth $50B Cleared for Takeoff
February 22, 2017
A major federal acquisition opportunity with a potential contract value of $50 billion for IT vendors is back on track. The GSA recently resumed processing vendor applications after a legal challenge to the contract was resolved in its favor. As a result, the GSA this fall will reveal the names of approximately 60 vendors who will be eligible to participate in the Alliant 2 IT contract vehicle.
US Rep Likens Consumer Financial Protection Bureau to 'Tyranny'
February 21, 2017
The Financial Protection Bureau has come under increasing fire from Republican lawmakers who now have the Trump administration to back their efforts. Long-time critic Rep. Jeb Hensarling, R.-Texas, who chairs the House Financial Services Committee, compared the bureau to a tyranny in a recent interview. Hensarling reportedly is preparing legislation to enact CFPB reforms.
Microsoft Makes VR Drone Fight Simulator Available on GitHub
February 21, 2017
Microsoft has introduced an open source virtual reality toolkit for the training of autonomous drones. The beta software became available on GitHub last week. The toolkit is designed to allow developers to "teach" drones how to navigate the real world by recreating conditions such as shadows, reflections and even objects that might confuse a device's on-board sensors.
Verizon Cuts Better Deal for Breach-Battered Yahoo
February 21, 2017
Verizon and Yahoo on Tuesday announced new terms for the acquisition deal they inked last summer. Verizon will pay $350 million less than the original contract price, which places the new value of the deal at $4.48 billion. Yahoo will be responsible for 50 percent of any breach-related cash liabilities incurred as a result of non-SEC government investigations and third-party litigation, under the new agreement.
Microsoft Seeks Global Cybersecurity Accord
February 18, 2017
Microsoft has called on governments around the world to create a "digital Geneva Convention" as a way to normalize international cybersecurity rules and protect civilian use of the Internet. President Brad Smith, who is also Microsoft's chief legal officer, addressed the issue at the annual RSA conference held earlier this week, saying that governments need to establish international rules.
Toshiba Plunges on Massive Nuclear Writedown, Earnings Delay
February 15, 2017
Toshiba shares fell 8 percent on Tuesday as the company took a $6.3 billion writedown related to its struggling nuclear power business and delayed the release of its fiscal Q3 earnings. Shigenori Shiga, Toshiba's chairman and representative executive officer, resigned effective Wednesday. His resignation in part reflects management taking responsibility for the Westinghouse fiasco.
FTC's Lawsuit Should Make You Feel Very Insecure About the IoT
February 14, 2017
Even though D-Link expressly promised that many of its wireless devices had the highest level of security available, the FTC last month filed a lawsuit that alleges otherwise. The FTC filing includes copies of online marketing materials and technical specifications for D-Link's products, and flatly declares that "thousands of Defendants' routers and cameras have been vulnerable to attacks."
Twitter Investors Bail Following Bleak Q4
February 10, 2017
Twitter's share price plunged 12.3 percent, closing Thursday at $16.41 after the company released its Q4 2016 financial report. It fell further on Friday, trading at $15.54 mid-day. On the bright side, daily active usage grew for the third consecutive quarter and strong growth is expected to continue, the company said. Active monthly users in Q4 totaled 319 million, up 4 percent year over year.
Can Former Amazon Fire TV Exec Save Apple TV From Itself?
February 9, 2017
Apple has hired Tim Twerdahl, the former head of Amazon's Fire TV unit, in an effort to revive its struggling Apple TV business, which has been losing market share to rival streaming content services. Twerdahl reportedly joined Apple this month as VP in charge of product marketing for Apple TV, and the company shifted the unit's former head to a post responsible for negotiating content deals.
SnapRoute Snags $25M With AT&T, Microsoft Backing
February 8, 2017
SnapRoute, a developer of open source networking software, announced that it has raised $25 million in Series A financing led by Norwest Venture Partners with new support from AT&T and Microsoft Ventures. SnapRoute, founded by CEO Jason Forrester and other former Apple engineers, plans to use the funding to speed up the development of open source networking software for Fortune 500 firms.
Anonymous Hacker Pulls Plug on Thousands of Dark Net Sites
February 7, 2017
Twenty percent of the Dark Net was taken offline last week, when a hacker compromised a server hosting some 10,000 websites on the Tor network. Tor, designed to hide the identities of its users, is widely used on the Dark Web, which serves as a hub for illegal online activities. Visitors to the affected pages were greeted with the message, "Hello, Freedom Hosting II, you've been hacked."
Silicon Valley Firms Lock Arms Against Trump Immigration Order
February 7, 2017
At least 127 United States companies -- including Apple, Facebook, Twitter, Google, Intel and other tech giants -- filed a friend of the court brief in a lawsuit the state of Washington brought against President Trump, which argues that his executive order to halt the entry of refugees and all travelers from seven Muslim nations would inflict significant harm on U. S. businesses.
Ode to Sprint: Somebody Calls You, You Answer Quite Slowly
February 7, 2017
As I write this, I'm listening to twangy guitar music that calls up vague images of big spiny cactus, dust, and a riderless swaybacked horse. Lots of dust. I've been listening to the same few bars for 43 minutes and counting. Every few seconds, the music is interrupted by this: "We apologize for the wait. We are currently experiencing higher than normal volumes and long hold times. ..."
Does Avaya Have a Post-Chapter 11 Prayer?
February 6, 2017
Is Avaya on the road to financial recovery? What will happen to business partners and customers if it is not? The company last month filed for Chapter 11 protection for itself and some of its United States subsidiaries -- a move that makes it "the first major established technology company that's dying as a direct result of the cloud," according to Ian Campbell, CEO of Nucleus Research.
Snap Seizes the Moment
February 6, 2017
Snap last week filed for a $3 billion IPO. The company's private market valuation is $17.8 billion, but investors reportedly have valued it at between $20 billion and $25 billion. "Twenty-five billion dollars is just nuts, but that's the market we're in," remarked Rob Enderle, principal analyst at the Enderle Group. "This could provide an opportunity for the big gambler investors," he suggested.
Was Apple's Outstanding Q1 a Fluke?
February 6, 2017
Apple had a good quarter, but if you look under the numbers there is a ton of trouble. It just dropped behind Google in brand value, and valuation may crater in a few months. The iPhone 7 did well, but that shouldn't be a surprise, given that its biggest competitor, Samsung, saw its phone literally go up in flames last quarter. The Galaxy 8 is coming, though, and it looks really impressive.
EC to Take a Hard Look at E-Commerce Practices
February 3, 2017
The European Commission on Thursday announced three separate investigations into online pricing and other sales practices that may have breached EU antitrust rules. The EC investigations will assess whether consumers were able to enjoy cross-border choice when it came to buying video games and consumer electronics, and making hotel accommodations online.
Tech Industry Reacts to Trump's Immigration Order
February 3, 2017
Uber CEO Travis Kalanick on Thursday resigned from President Trump's business advisory council amid fierce blowback against the president's recent executive order on immigration, and in the wake of reports that several major Silicon Valley firms, including Facebook, Apple, Microsoft and Google, have been circulating a draft letter opposing Trump's action.
Wireless, Telecom and Pay TV: The Future Is Coming Into Focus
February 2, 2017
Wireless, telecom and pay TV -- including cable, satellite and Internet services -- are all on a growth trajectory, but each company is taking a different path. That means comparing them will be more difficult going forward. In the past, the companies in these sectors in many respects looked the same and offered nearly the same basic services. Looking forward however, things appear very different.
Apple Goes on Record-Breaking Spree
February 1, 2017
Apple stunned Wall Street with Q1 earnings that set new quarterly unit and revenue records in key product segments, and its highest-ever earnings per share. CEO Tim Cook said the company set all-time revenue and unit records for its iPhone and Apple Watch brands, all-time revenue records for its Mac and Services businesses, and all-time revenue records for four of its five geographic sectors.
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What's your reaction to the Turkish Crime Family's claim that it can access hundreds of millions of iCloud accounts?
I'm very worried -- I take all cyberthreats seriously.
I'm feeling secure -- I changed my password and set up 2FA.
I'm angry -- companies need to be more responsible.
I'm not at all concerned -- I trust Apple.
I'm resigned -- I expect to be breached at some point.
I don't care much -- the world has bigger problems.