John Lister

Tue
08
May
Dennis Faas's picture

Facebook Stock Prices Revealed

Facebook has officially announced its initial public stock offering will go on sale at a price between $28 and $35 a share. At the high end of that range, the company would claim a market capitalization of $95 billion. Facebook is only selling a ... portion of its shares. That means the most it could receive in this initial public offering (IPO) would be $13.58 billion, which would make this the ninth-most lucrative stock issue in world history, behind major firms like General Motors and Visa. (Source: ft.com ) Facebook IPO To Claim Internet Record The $13.58 billion figure would destroy all ... (view more)

Tue
08
May
Dennis Faas's picture

FBI Wants to Read Facebook, Gmail, Skype Messages

The Federal Bureau of Investigation (FBI) is reportedly pushing for a change in the U.S. law related to wiretapping. If passed, the changes would allow government monitoring of Facebook, Skype, and some email services. The idea is to change the ... Communications Assistance for Law Enforcement Act (CALEA), which currently doesn't give investigators the right to monitor and intercept communications. Instead, the law forces telecommunications providers to set up their services in a way that makes such monitoring and intercepting technologically possible. Email, VoIP, Social Media to be Monitored? ... (view more)

Fri
04
May
Dennis Faas's picture

2012 Olympics Threatened by Hackers: UK Official

A British government official has said the online networks set to carry this summer's Olympic Games could be targeted for online attacks by cybercriminals. No specific threats have been identified, but officials are nevertheless employing ... professional hackers to test the networks' security and readiness to resist various methods of attack. Francis Maude, the UK's Cabinet Office minister, is charged with supporting the workings of the government across all departments. He made specific comments about the possibility of such attacks while visiting Estonia, the eastern European state that has ... (view more)

Thu
03
May
Dennis Faas's picture

Windows 7, Internet Explorer Banned by German Court

Motorola has won a court ruling that bans the distribution of most major Microsoft products in Germany. However, it's not yet clear if the landmark ban will actually be enforced. A German court granted Motorola an injunction covering distribution of ... Windows 7, Windows Media Player, Internet Explorer, and the Xbox 360 video game console in that country. If the ban is ever enforced, it would prevent those software and hardware products from being sold in Germany -- presumably until the patent dispute between Microsoft and Motorola is finally settled. However, a U.S. court has issued a ruling ... (view more)

Thu
03
May
Dennis Faas's picture

FTC Hires High-Profile Lawyer to Investigate Google

The Federal Trade Commission (FTC) has hired a high-profile lawyer to work on its antitrust investigation into Google's search activity. The hiring may signal FTC expectations the probe will result in a major court case. The FTC has its own in-house ... legal team, and rarely hires an outside lawyer for such work. It has reportedly happened just twice in the past decade. Ironically, one of the more memorable times the FTC hired outside legal help was in the late 1990s, when the agency took legal action against Microsoft over claims it exploited its dominance of the PC market. The new hire this ... (view more)

Wed
02
May
Dennis Faas's picture

Google's WiFi Snooping: More Details Emerge

A recent report concerning Google's unauthorized collection of data from wireless networks has raised new questions about the company's behavior. Curiously, though, Google itself has released the report. Google had been accused of foul play after ... inadvertently collecting personal data from people's home WiFi networks. The problem stems from the company's vehicles which, busy taking photographs for its Street View maps system, also scanned for local networks. The networks were to be part of a database intended to aid Google's navigational offerings to consumers. A year-long investigation by ... (view more)

Mon
30
Apr
Dennis Faas's picture

FBI, UK Authorities Kill Major Credit Card Scam

An international law enforcement effort has taken down 36 websites allegedly responsible for selling stolen credit card information. In Europe, three men were arrested over claims they bought and sold the personal data. The operation was led by the ... United Kingdom's Serious Organised Crime Agency (SOCA) and the United States Federal Bureau of Investigation (FBI). The two agencies oversaw raids in the UK, US, Germany, the Netherlands, Romania, Ukraine and Australia. Officials say they have been working on the case for two years. The three dozen disabled websites were allegedly offering packages ... (view more)

Fri
27
Apr
Dennis Faas's picture

Google Warns Scammers: We're Watching You

In a recent blog post, Google gives interested users a glimpse into some of the tools it uses to make sure ads for bogus products and services don't show up on its sites. The company is also trying to direct more attention toward genuine advertisers ... who have proven to be trustworthy and reliable. These revelations came after a company blog post was written by David Baker, who is in charge of the engineering side of Google's advertising business. Google: Three-Pronged Approach Highly Effective Baker's post explained that Google looks for signs of bad advertisements on three levels. (Source: ... (view more)

Thu
26
Apr
Dennis Faas's picture

Philips LED Light Bulb Lasts 25 Years, Costs $60

The good news: Philips has launched a brand new light bulb designed to last for 20 years or more and save hundreds of dollars in electricity charges before needing replacement. The bad news: The bulb carries a retail price tag of $60. The new ... Philips bulb is a prime example of alternative energy-saving technology that wallops the inefficiency of today's conventional but popular devices. The reason: Traditional light bulbs work by heating a thin metal filament inside a glass bulb. While this produces light from the glowing filament, it also wastes a lot of the energy. In fact, conservationists ... (view more)

Wed
25
Apr
Dennis Faas's picture

Botnet Infections Make India World's Spam Capital

More spam emails come from India than any other country, according to a pair of new reports from separate, reputable sources. SophosLabs has issued a report saying that 9.3 per cent of all spam messages transmitted in the first quarter of 2012 were ... relayed through India before arriving in people's inboxes. The firm lists the United States in second place with 8.3 per cent of spam, and South Korea in third at 5.7 per cent. (Source: sophos.com ) In a separate report on the same subject covering the same time period, security firm Trend Micro also put India in first place, but attributing 20 per ... (view more)

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