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Icahn discloses he is now on Facebook

Written By Unknown on Sabtu, 08 Maret 2014 | 21.43

Carl C Icahn is liking Facebook a bit more these days.

The billionaire investor disclosed in a regulatory filing that he plans to start using the social network as another platform for his activism campaigns.

The septuagenarian, who has made shaking up technology companies his latest focus, set up his page on Valentine's Day. Describing himself, he wrote: "Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity."

Facebook will supplement his popular Twitter feed, where 154,858 followers have been tracking his almost daily barbs against eBay's board, and his Shareholders Square Table website.

Icahn's disclosure was made to ensure that he complied with guidelines from the Securities and Exchange Commission about using social media. The agency clarified last year that companies may use their Facebook pages, Twitter feeds and corporate blogs to publish news. They just need to let investors know which channels that information will appear on first.

Plenty of people have already gotten the word about Icahn's new Facebook presence. As of Friday afternoon, 3,542 people had liked his page.


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DRDO denies hacking of its network

NEW DELHI: DRDO said that none of its networks has been compromised through hacking and it does not store classified information on computers connected to the internet.

"No classified information is kept stored on the machines connected to the internet. No network of DRDO has been compromised," DRDO spokesperson Ravi Gupta said.

He said DRDO maintains a strict "air gap" between the machines having internet and the ones without the facility.

DRDO talked about its networks' safety in the wake of reports that around 50 computers belonging to the armed forces and DRDO were hacked sometime back and classified files could have been compromised.

The computers that were reportedly hacked were located in South Block here and belong mainly to the Army, besides the other two forces.

National Security Advisor Shivshankar Menon had yesterday sought to downplay the hacking incident, saying there are "various forms of compromise" and "not every leaked password is a big threat to security".


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Bitcoin: The digital currency that became a target for speculators

PARIS: Whether you see bitcoin as the future of finance or a reckless gamble, the digital currency has become headline news over the past year, even as its origins remain shrouded in mystery.

Bitcoin began as a means of payment but quickly became a target for speculators. Faced with wildly fluctuating prices, the recent closure of exchange platforms and government demands for regulation, its future is uncertain.

Here are some facts about the controversial currency.

Q: What is bitcoin?
A: The name derives from "bit" - as in a unit of information in computing. Bitcoin is a system of online payment, while bitcoins are the virtual coinage used on the system.

First appearing in 2009, bitcoins are "mined" by networks of linked computers that carry out extremely complex mathematical tasks.

There are currently around 12 million bitcoins in circulation and the system is set up so that it becomes increasingly difficult to produce them, with a maximum limit of 21 million expected by around 2140.

Bitcoin keeps a public register of every unit in existence and the network means that there is no need for a central authority.

The computer power required to carry out the mathematical tasks is so great that it is currently impossible for any single computer to create bitcoins on its own, ensuring that the network remains in control.

Q: Who created bitcoin?
A: The online software launched in February 2009 was credited to "Satoshi Nakamoto".

For years, it was widely assumed that Nakamoto was nothing more than a pseudonym, but an article in Newsweek magazine recently claimed that it had discovered the real Satoshi Nakamoto, a Japanese-American ex-physicist aged 64 living as a recluse in California. He however denied having a role in the virtual currency, telling reporters he was not involved.

Q: What are the uses of bitcoin?
A: Bitcoin allows users to make purchases from anyone who accepts bitcoins. They can also be exchanged against real currencies.

Currently only around 20,000 merchants accept bitcoins worldwide -- and almost no mainstream stores, although in some countries it has become possible to pay for a taxi, book a hotel room or even receive your salary in bitcoins.

Unlike other forms of online payment, such as Paypal, there are no charges for using bitcoins and no commission is paid.

The "miners" that help run the system meanwhile earn bitcoins as they work. Whichever member of the network is first to validate a transaction receives several bitcoins as payment.

Q: How much is a bitcoin worth?
A: Their value has fluctuated wildly, particularly over the last year as it has become better known and attracted mainstream speculators.

Several platforms offer different values at the same time. On March 7 at 1200 GMT, an average of five platforms put the value of one bitcoin at 475 euros ($650).

When it was first launched, it was worth only a few cents, while at one point last year, the value peaked at over $1,000.


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HP rolls out 'cheap' Android tablet

WASHINGTON: Hewlett Packard (HP) has reportedly unveiled a low-cost Android tablet.

The HP 8 has a 7.85-inch screen with a 1,024 x 768 resolution, quad-core chip, 1GB of RAM, and a rather small 3,800mAh battery.

According to Tech Crunch, the company's lackluster HP Slate 7 was not efficient, but was cheap, which helped HP enter into the tablet game.

The HP 8 has been priced at $170, in competition with the original Amazon Kindle Fire and budget Samsung devices.

The report said that the new tablet is nothing exceptionally great at a throwaway price, but is a smart move by HP to test the waters while remaining active in the flourishing tablet market.


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Guy who accused Facebook CEO Mark Zuckerberg to face charges

NEW YORK: A New York businessman must face criminal fraud charges for trying to claim a billion-dollar stake in social media company Facebook Inc, a federal judge has ruled.

Paul Ceglia, 40, is accused of forging a 2003 contract with Facebook CEO Mark Zuckerberg that supposedly entitled him to part ownership of the company.

After an hour-long hearing in New York, US District Judge Andrew Carter rejected Ceglia's request to throw out the charges, finding he had failed to meet the "high standard" needed to dismiss a grand jury indictment.

Ceglia sued Zuckerberg and Facebook in 2010 in a federal court in Buffalo, New York, claiming that he and Zuckerberg had signed a contract while Zuckerberg was a freshman at Harvard University for Ceglia to invest $1,000 in a planned social networking website.

Zuckerberg had previously done some programming work for Ceglia's company, StreetFax.com. Facebook has argued that the only contract between the two men was related to that company and accused Ceglia of faking various documents as part of his lawsuit.

Last year, a magistrate judge in Buffalo recommended that Ceglia's lawsuit be dismissed, finding that it was "highly probable and reasonably certain" that the contract was fabricated in order to pursue the lawsuit. The federal judge overseeing the case has not yet ruled on that recommendation.

Prosecutors in New York charged Ceglia in 2012, accusing him of forging documents as part of the Buffalo litigation.

Ceglia has since filed a separate lawsuit against Manhattan US Attorney Preet Bharara, whose office is prosecuting Ceglia, and US Attorney General Eric Holder seeking to halt the criminal case.

Ceglia's defense attorney, David Patton, argued that the government should be barred from prosecuting him for allegations he made in the context of a civil lawsuit, warning that it could discourage litigants from filing claims.

He also said the government's allegations do not constitute criminal fraud under federal law.

"They're alleging that it's simply a phony, sham litigation," he said. "That's not fraud."

Carter said the indictment was sufficient to move ahead, though he said he would consider Patton's arguments at a later date if the case goes to trial.

Following the hearing, Ceglia vowed to press forward with his claims against Facebook, while his civil attorney, Joseph Alioto, said they would prove the Zuckerberg contract is legitimate.

"Nothing is going to stop me," Ceglia said.

Ceglia's lawsuit created a bizarre backdrop as Facebook marched toward its initial public offering in May 2013. Facebook's origins were also the subject of a separate legal challenge by Zuckerberg's Harvard classmates, twins Cameron and Tyler Winklevoss, that was chronicled in the 2010 film, "The Social Network."

The criminal case is US v. Ceglia, US District Court, Southern District of New York, No 12-cr-00876. The lawsuit against Bharara and Holder is Ceglia v. Holder et al in the same court, No. 13-00256. The civil case is Ceglia v. Zuckerberg et al, US District Court, Western District of New York, No. 10-00569.

(Reporting by Joseph Ax; editing by Andrew Hay)


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Panasonic launches P31 smartphone at Rs 11,990

Written By Unknown on Jumat, 07 Maret 2014 | 21.43

NEW DELHI: Panasonic has launched a new Android smartphone, the P31 at a price of Rs 11,990. It will be available to consumers from the second week of this month.

The P31 sports a 5-inch FWVGA (480 X 854p) display. It is powered by a 1.3GHz quad-core processor and 1GB RAM. The phone comes with 4GB internal storage expandable through a microSD card and a 2,000mAh battery.

The dual-sim phone (3G+2G) sports an 8MP rear camera (with autofocus and LED flash) and a VGA front-facing camera. It runs Android 4.2.2 Jelly Bean and Panasonic has included additional bells and whistles such as support for gesture unlock, a pop-out player for playing videos while doing other tasks and a battery saver mode, among others.

Panasonic also claims to have introduced the "Heat-Sink" design based feature to maintaining device temperature through controlled heat dissipation.

In terms of connectivity, the phone comes with 3G, Bluetooth 4.0, Wi-Fi and GPS. Panasonic has bundled freebies worth Rs 10,399 with the phone which includes a screen guard, and apps and content from Evernote, Hungama and Sony, among others.

P31 is Panasonic's sixth smartphone in the Indian market after its re-entry in the country in 2013. Panasonic has entered into partnership with Jaina group which also owns the smartphone brand, Karbonn. The phone competes with the likes of Xolo Q1000, Sony Xperia M, Karbonn Titanium S9 and Micromax Canvas HD.


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Google to partner with LG for Nexus 6

WASHINGTON: Google is reportedly said to be partnering with LG for its next range of Nexus smartphones.

A Gizmodo Germany report has claimed that the search giant has again assigned LG to design the next-gen Nexus 6 device.

According to Cnet, the device is said to be a 'lightweight' version of the LG G2 and include a Quad HD (1,440x2,560 pixels) display, a 64-bit processor, and a 16 megapixel rear camera.

Google and LG have earlier partnered for Nexus 4, Nexus 5, and a Google Play Edition LG G Pad 8.3.

Google's Sundar Pichai recently said that the Nexus 6 would not arrive before the third quarter and so; the new smartphone could be unveiled at the Google

I/O conference in late June this year.


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Facebook addiction may cause eating disorders: Study

WASHINGTON: Frequent Facebook users might be sharing more than just party pictures, vacation videos and selfies — they also share a greater risk of eating disorders, according to a new study. Researchers led by Florida State University Psychology professor Pamela K Keel studied 960 college women and found that more time on Facebook was associated with higher levels of disordered eating.

Women who placed greater importance on receiving comments and "likes" on their status updates and were more likely to untag photos of themselves and compare their own photos to friends' posted photos reported the highest levels of disordered eating.

While other studies have linked social media and eating disorders, the study is the first to show that spending just 20 minutes on Facebook actually contributes to the risk of eating disorders by reinforcing women's concerns about weight and increases anxiety.


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WhatsApp founder celebrated sale with woowoo gang

SAN FRANCISCO: A few days after selling WhatsApp to Facebook for $19 billion, Jan Koum stepped into a suite at the St. Regis Hotel in San Francisco to celebrate with old friends, including CEOs, reformed hackers and a few people who fell into both those camps.

Conducted over snacks and beer, the late-night festivity was a spontaneous reunion of a security super-group that had come to Koum's aid in 2000 as he grappled with a denial-of-service attack that knocked Yahoo offline when Koum was responsible for security there.

The now defunct collective known as w00w00 (pronounced whoo whoo) had thrived on Internet Relay Chat channels in the late 1990s and early 2000s, between get-togethers at hacking conventions such as Def Con in Las Vegas, where a member said Koum "came across like a big, friendly kid."

Although the elite group was not well known outside hacking circles, its members have spawned more than a dozen companies, mainly in security. The two most famous exceptions are WhatsApp, the messaging service that Koum co-founded, and Napster, the pioneering file-sharing company that was shut down by the music industry in 2001.

The key to w00w00's success, according to interviews with a dozen members, was that it brought together people with widely varying expertise and backgrounds in a meritocratic way that would be tough to replicate in today's more complex and competitive world of security.

Koum was already a senior Yahoo Inc executive in his early 20s when he joined w00w00. Napster co-founder Shawn Fanning was one of several members still in high school. Both came from poor backgrounds and benefited from the group's welcoming culture, which prized collaboration in the era before computer security became a big business, let alone a major factor in national defense and offense.

"Communication was democratized, and curiosity was rewarded," Koum told Reuters last week. "I had so much fun in early days learning about networking, security, scalability and other geeky stuff."

The w00w00 party at the St. Regis on February 26 came during the peak of the week-long RSA Conference across the street, the largest gathering of tech security professionals in the world. Some w00w00 veterans were attending the show to hawk software or services from their companies, while others were taking pains to avoid the marketing hype powered by a flood of new investment.

At the reunion, most of the crew ignored the cheese and dried fruit to catch up on old times and toast the man they regard as the first real w00w00 billionaire. The Ukraine-born Koum, who wore a gray T-shirt and black sweatshirt over his large frame, made $6.8 billion from the sale of WhatsApp to Facebook Inc, according to Forbes.

(Napster co-founder Sean Parker is also a billionaire, having gotten rich through owning early stock in Facebook, but he was too business-minded to spend much time in w00ww00.)

The gathering was also an occasion to reflect on why the security issues that the w00w00ers worked on 15 years ago were such excellent preparation for broader technology innovation, and why that might be less true now.

"You don't get cats and mice playing well together anymore, because the stakes have gotten so high and the net has become politicized," said Dug Song, who was a core w00w00 member. "W00w00 was the Switzerland of computer security."

Taken for granted
In the 1990s, deep tech knowledge was needed to make things work. Now that infrastructure has been built out and cloud-computing resources can be rented cheaply from the likes of Amazon.com Inc, much more is taken for granted.

"Young kids have less interest in security these days," said Ejovi Nuwere, an orphan from Brooklyn who joined w00w00 before he signed on as a security engineer at Lehman Brothers and then went on to found multiple companies. "There's a lot more interest in starting the next Facebook than in reverse-engineering software."

Founded by Utah teenager Matt Conover, who chose the silly, exclamation-like name, w00w00 claimed about 30 core contributors at its peak, each of them invited by an existing member.

Several participants had wandered to the wrong side of the law in the past. At 15, Nuwere hacked into his local Internet service provider. When he called the company and explained how he did it, he was hired at minimum wage.

Another w00w00er, Anthony Zboralski, received a suspended sentence in 1997 for posing as a Paris FBI official and using the agency's network services - provided by AT&T - for free for four months.

Nuwere said the group adopted a "don't ask, don't tell" policy, though anyone who was obviously hacking for malicious reasons was shunned.

Most members of w00w00 were conducting research on their own, at small companies or ensconced in big ones like Koum.

"We had some really rich and interesting discussions about security topics," Conover recalled. "If someone had a good tool they wrote, they'd likely share it."

One of those tools was the Nmap Security Scanner, created by w00w00 member Gordon Lyon. Used by defenders and attackers alike, the program scans networks for open ports, available services and deployed software. Another tool was the member-developed password cracker, John the Ripper.

W00w00 members regularly spoke at the top security conventions. One of them, Jeff Forristal, under the handle "Rain Forest Puppy," published guidelines for responsibly disclosing flaws to software vendors before the general public.

Fanning used the w00w00 crowd as beta-testers for Napster. Another w00w00 contributor, Jordan Ritter, ended up heading the development of Napster's server software before he started anti-spam service Cloudmark and other companies.

Koum was already working long hours to build up Yahoo's infrastructure and automate its defenses. His big test came when a Canadian teenager launched massive denial-of-service attacks on Yahoo and others, briefly rendering most of them unreachable. Known as MafiaBoy, the teen said after his arrest that he had directed hundreds of compromised university computer networks to connect to Yahoo simultaneously, overwhelming its resources.

Having never met most of the w00w00 members in person, Koum nevertheless turned to them for help in a way that would be unthinkable for a top security executive today. One of those brainstorming with him was Song, who later became the founding architect of a major denial-of-service mitigation firm, Arbor Networks Inc.

Enter the spies
As most of the w00w00 membership took serious jobs, often at each other's companies, the security industry as a whole was splintering.

Conover and others ended up at big companies such as Symantec Corp. Some old-school hackers picked fights with several w00w00 members, arguing that information about security flaws should not be published.

Increasingly during the last decade, geopolitics entered into the picture. Spy agencies and military commanders realized the immense value of specialized software for breaking into and potentially disrupting enemy networks. Some hackers who were caught breaking the law said they were offered a choice between jail and government service.

The apolitical Conover said he did not like it when U.S. authorities questioned him about his associations after he returned from a conference in China.

Another w00w00 mainstay, Ralph Logan, became a consultant with both corporate and US government security contracts, doling out work as a "hostel for homeless hackers."

Others sold research on how to exploit various software to brokers, who sold it to military contractors. This way of earning a living bothered some w00w00ers on a philosophical level because the information was not shared widely to help shore up cyber defenses.

"The people who understand vulnerabilities and how to exploit them are being co-opted into building offensive tools for national interests," Nuwere said. "These are issues that hackers have faced in other countries for a long time."

Koum is among many w00w00ers who have left the security business. Logan has a big-data startup, Kiku Software. Conover's latest project is a virtualization company called CloudVolumes. Ritter hired Nuwere for a non-security stealth startup called Ivy Softworks.

Though security was once a major breeding ground for important new companies, such departures suggest this might not be the case for long.

"The barriers for entry to learning about hacking in the old sense are such that it doesn't allow for as much free expression and open research," Logan said. "It's an unfortunate sign of maturity in the industry."


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A monument for Steve Jobs in China's ghost city

As crazy as that abstract Steve Jobs statue unveiled in Belgrade was, perhaps the most absurd monument to the late Apple founder is the one in China's biggest ghost city.

The sculpture, a hexagon containing the outline of an apple and Jobs' face, is not that strange in itself. What's strange is that it is located behind an apparently unused school, in the middle of hundreds of thousands of vacant apartments in the Kangbashi New Area of Ordos, a shining new city built by China in Inner Mongolia that has been called the world's biggest ghost city.

Urban explorer Darmon Richter uncovered the sculpture among other bizarre sites in a recent trip to Ordos.

He was shown the monument by a local guide who "took great pleasure in pointing out the elaborate features around us - while explaining how much each one had cost to install," Richter writes. "He would quote prices, then wave his arms about at the empty streets, his gestures doing much to communicate the madness of such grandiose investment in a ghost town."

Next to an empty school were three apple-themed statues, featuring Steve Jobs, Isaac Newton, and someone Richter could not identify. The sculptures cost "ten thousand Qaui!," according to their incredulous guide, which is around $1,670.


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