Domain: businesswire.com
Stories and comments across the archive that link to businesswire.com.
Stories · 157
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F5 Acquired NGINX For $670M (zdnet.com)
Long-time Slashdot reader skdffff quotes ZDnet: F5 Networks on Monday announced that it will acquire NGINX, which provides popular open-source software of the same name, for $670 million. The deal advances F5's aim of capitalizing on the trend toward multi-cloud deployments.
F5 plans to enhance NGINX's current offerings with F5 security solutions and will integrate F5 cloud-native technology with NGINX's software load balancing technology. This should accelerate F5's time to market of application services for containerized applications. Meanwhile, NGINX will benefit from F5's global salesforce, channel infrastructure and partner ecosystem.
The acquisition adds "the power of NGINX's open source innovation to F5's ADC leadership and enterprise reach," NGINX CEO Gus Robertson said in a statement -
Amazon Is Buying Mesh Router Company Eero (theverge.com)
Amazon has announced that it's acquiring Eero, the maker of mesh home routers. "Amazon says buying Eero will allow the company to 'help customers better connect smart home devices,'" reports The Verge. "It will certainly make Alexa-compatible gadgets easier to set up if Amazon also controls the router technology. Financial terms of the deal are not being disclosed." From the report: Eero kicked off a wave of "smart" mesh router setups designed to overcome the coverage issues and dead zones of traditional routers. Instead of a single router device, multiple access points are used to blanket an entire home or apartment with a strong Wi-Fi signal. The system works as advertised, and it's all controlled with an intuitive smartphone app. Google, Samsung, Linksys, Netgear, and other electronics companies have since followed Eero's lead and released their own mesh bundles.
It sounds as though the Eero brand will live on after the acquisition -- at least in the near term. "By joining the Amazon family, we're excited to learn from and work closely with a team that is defining the future of the home, accelerate our mission, and bring Eero systems to more customers around the globe," said Nick Weaver, Eero's co-founder and CEO. Amazon isn't saying much about its future plans for Eero; might we see an Alexa-enabled router? An Echo that doubles as a Wi-Fi access point sounds nice. The report notes that Amazon will now have "more valuable data on consumers and advance Amazon's growing dominance of the smart home." Last year, Amazon acquired smart doorbell and camera maker Ring and bought Blink in 2017. -
Apple Says Profits Were Flat, Citing Slump In China (nytimes.com)
Due to an economic slowdown in China and diminishing demand for new iPhones, Apple's profits in its most recent quarter were flat compared with a year earlier. "The disappointing financial performance had been expected since Jan. 2, when Apple, for the first time in 16 years, revised its forecast for the quarter," reports The New York Times. "But the announcement on Tuesday indicates a difficult road head for Apple, which just five months ago became the first company to be worth more than $1 trillion. The company said it expected between $55 billion and $59 billion in revenue in the current quarter, just below analysts' expectations for $59 billion. Apple's earnings per share were $4.18, beating analysts' expectations by a penny."
In addition to the quarterly earnings, Apple reported revenue of $84.3 billion, a decline of 5 percent from one year ago. "Revenue from iPhone declined 15 percent from the prior year, while total revenue from all other products and services grew 19 percent," Apple said in a press release. Analysts had estimated revenue of $83.97 billion and earnings of $4.17 per share. "While it was disappointing to miss our revenue guidance, we manage Apple for the long term, and this quarter's results demonstrate that the underlying strength of our business runs deep and wide," said Tim Cook. Apple's active install base of 1.4 billion is "a great testament to the satisfaction and loyalty of our customers, and it's driving our services business to new records thanks to our large and fast-growing ecosystem," Cook said. The Verge adds: "iPhones account for 900 million of those devices. iPad revenues were up 17 percent against the year-ago quarter; Mac was up 9 percent; and Wearables/Home/Accessories were up by 33 percent." -
Amazon Launches Cloud-Based Robotics Testing Platform (techcrunch.com)
Amazon is launching AWS RoboMaker, a cloud-based service that utilizes the open-source software Robot Operating System (ROS) to offer developers a place to develop and test robotics applications. TechCrunch reports: RoboMaker essentially serves as a platform to help speed up the time-consuming robotics development process. Among the tools offered by the service are Amazon's machine learning technologies and analytics that help create a simulation for real-world robotics development. The system can also be used to help manage fleet deployment for warehouse-style robotics designed to work in tandem. "AWS RoboMaker automatically provisions the underlying infrastructure and it downloads, compiles, and configures the operating system, development software, and ROS," the company writes. "AWS RoboMaker's robotics simulation makes it easy to set up large-scale and parallel simulations with pre-built worlds, such as indoor rooms, retail stores, and racing tracks, so developers can test their applications on-demand and run multiple simulations in parallel." -
Westinghouse AP1000 Nuclear Reactor Starts Generating Power (world-nuclear-news.org)
Longtime Slashdot reader TopSpin writes: The Sanmen 1 nuclear reactor in Zhejiang, China, has been synchronized to the power grid and is generating power. The reactor has been under construction for nine years and became the first AP1000 in the world to achieve criticality on June 21, 2018. The AP1000 design received final design certification from the U.S. Nuclear Regulatory Commission in 2005 and has a net output of 1.117 GWe. Three other AP1000 reactors are under construction in China at the Sanmen and Haiyang sites and two reactors are under construction in the U.S. at the Vogtle Electric Generating Plant in Georgia. On June 29, the Taishan 1 reactor became the first Areva Evolutionary Power Reactor (EPR) design to generate power. Four EPR reactors are under construction in Finland, France, and China. -
128TB SD Cards Are Coming (theverge.com)
A new card specification has been announced by the SD Association that should let you store your entire media collection on one SD card. Technically speaking, the new card specification should increase maximum storage on SD cards to 128 terabytes with faster transfer speeds of 985 megabytes per second. The Verge reports: Right now the maximum storage space on an SD card is 2TB, and that limit was promised as far back as 2009, but still hasn't been reached. In 2016, SanDisk unveiled a prototype 1 terabyte SD card that would make it the biggest in the world, but it's still not available to purchase. At the time, SanDisk said that the advancement was necessary to match ever-increasing data-heavy formats like 4K video and VR. However, creating SD cards with massive amounts of storage is cost-prohibitive. SanDisk's 512GB SD card used to cost $800, and though it's dropped in price, is still priced around $300. -
Portland Kicks Off Smart City Initiative With Traffic Sensor Safety Project (zdnet.com)
An anonymous reader quotes a report from ZDNet: Portland, Oregon officials claim its city has some of the best bike data in the United States -- data revealing how many people ride bicycles, where they're going and what streets they're using. Their collection of that data, however, has been as low-tech as it gets: city staffers and volunteers stand out on street corners for two hours at a time and count. Now, the city is aiming for more comprehensive, accurate data collection with the installation of 200 sensors installed on street lights on three of Portland's deadliest streets: Southeast Division St., SE Hawthorne Blvd. and 122nd St.
The Traffic Sensor Safety Project, for a price tag of just over $1 million, represents the first major milestone for the Smart City PDX initiative. It relies on GE's Current CityIQ sensors, which are powered with Intel IoT technology and use AT&T as the data carrier. GE, Intel and AT&T have already worked together to deploy smart streetlight sensors in San Diego. -
A Smart Doorbell Company Is Working With Cops To Report 'Suspicious' People, Activities (vice.com)
An anonymous reader quotes a report from Motherboard: Smart doorbell company Ring is making it easier for customers to call the cops on "suspicious" people and activities. The startup, which Amazon acquired for reportedly "more than" $1 billion this year, uses security cameras to let people monitor their entryways. Now, it's launching its Neighbors app -- a platform for reporting crime that, so far, police in Fort Lauderdale and Orlando, and the Ventura Sheriff's Department, have access to. "Over the next days and weeks, law enforcement across the U.S. will be joining Neighbors," a Ring spokesperson told me over email.
The app, while presented as a crime-fighting aid, could also be a new place for paranoid people to profile fellow citizens, as similar platforms in the past have turned out to be. According to the company's statement in a press release for Neighbors today: "In addition to receiving push notifications about potential security issues, app users can see recent crime and safety posts uploaded by their neighbors, the Ring team and local law enforcement via an interactive map. If a neighbor notices suspicious activity in their area, they can post their own text, photo or video and alert the community to proactively prevent crime." -
Flippy the Robot Takes Over Burger Duties At California Restaurant (ktla.com)
Chain eatery CaliBurger announced today that its location in Pasadena is the first to employ Flippy, a burger-flipping robot developed by Miso Robotics. The robot is able to take over the cooking duties after a human puts the patties on the grill. KTLA reports: "The kitchen of the future will always have people in it, but we see that kitchen as having people and robots," said David Zito, co-founder and chief executive officer of Miso Robotics. Flippy uses thermal imaging, 3D and camera vision to sense when to flip -- and when to remove. "It detects the temperature of the patty, the size of the patty and the temperature of the grill surface," explained Zito. The device also learns through artificial intelligence -- basically, the more burgers that Flippy flips, the smarter it gets. Right now, cheese and toppings are added by a co-worker. CaliBurger CEO John Miller says the robot can cut down on costs as it will work a position that has a high turnover rate. "It's not a fun job -- it's hot, it's greasy, it's dirty," said Miller about the grill cook position. Less turnover means less time training new grill cooks. Flippy costs about $60,000 minimum and is expected to be used at other CaliBurger locations soon. -
Amazon's Push Into Healthcare Just Cost the Industry $30 Billion In Market Cap (qz.com)
Today, Amazon, along with Berkshire Hathaway and JPMorgan, announced a plan to launch an independent company that will offer healthcare services to the companies' employees at a lower cost. The venture, which will be managed by executives from the firms, will be run more like a non-profit, than a for-profit entity. Even though the plans are vague, the news caused the market value of 10 large, listed health insurance and pharmacy stocks to drop by a combined $30 billion in the first two hours of trading. Quartz reports: "The healthcare system is complex, and we enter into this challenge open-eyed about the degree of difficulty," said Amazon's Jeff Bezos in a statement. "Hard as it might be, reducing healthcare's burden on the economy while improving outcomes for employees and their families would be worth the effort. Success is going to require talented experts, a beginner's mind, and a long-term orientation." Warren Buffett, the CEO of Berkshire Hathaway, likened America's mushrooming healthcare costs to "a hungry tapeworm on the American economy." How the venture will provide less pricy healthcare to the 1.2 million employees of the participating companies isn't yet clear. The new company will leverage "technology solutions" that provide "simplified, high-quality and transparent healthcare at a reasonable cost." Not much else, including the name of the company, is known. -
Kodak Announces Its Own Cryptocurrency, Watches Stock Price Skyrocket (theverge.com)
Kodak has joined the cryptocurrency craze by launching its own KodakCoin, a cryptocurrency for photographers. As soon as the news was announced, Kodak's stock (KODK) jumped more than 60 percent. The Verge reports: KodakCoins will work as tokens inside the new blockchain-powered KodakOne rights management platform. The platform will supposedly create a digital ledger of rights ownership that photographers can use to register and license new and old work. Both the platform and cryptocurrency are supposed to "empower photographers and agencies to take greater control in image rights management," according to the press release. The digital currency is meant to create a new economy for photographers to receive payment and sell work on a secure platform. But while Kodak's proposed blockchain-powered platform and virtual coin sound good on paper, it's not clear why the photography company needs to use blockchain to achieve its goals, rather than just create another social media platform instead. It appears that Kodak, like the other tea and vape companies that received media attention last month for making the abrupt leap to blockchain, could just be trying to capitalize on the current cryptocurrency mania. -
GE Cuts 12,000 Jobs In Response To Falling Demand For Fossil Fuel Energy (qz.com)
In response to the drop in demand for fossil fuel energy, General Electric -- the world's largest maker of gas turbines -- announced plans to cut 12,000 jobs. Quartz reports: Those cuts will mostly come from GE's power division, which makes energy-generation technologies. The reduction will account for 18% of the division's workforce and affect both professional and production employees, the company said in a statement. The majority of job losses will occur outside the U.S., Bloomberg reports. In a statement, Russell Stokes, the division's president and CEO, said disruptions to the power market were "driving significantly lower volumes in products and services." Demand for GE's power-generation equipment has stalled in part because of renewable energy growth, says Robert McCarthy, an analyst at Stifel Financial.
The move is part of a larger restructuring effort under GE's new chief executive John Flannery, who has faced immense pressure to regain the company's footing since taking the helm in June of this year. GE's stock price plunged 44% this year, the worst performer on the Dow, according to Bloomberg. The company aims to cut $3.5 billion of expenses across its divisions by the end of 2018, including a $1 billion cut from the power division. -
MakerBot Launches New 'MakerBot Labs' Platform (hackaday.com)
"MakerBot just announced a new Open Source initiative called 'MakerBot Labs'," writes Slashdot reader szczys. "It is a small move, centering around some new APIs and a new extruder which is listed as experimental and not covered by their normal warranty. Largely they missed the mark on making a meaningful move toward openness, but with a new CEO at the helm as of January this could be the first change of the rudder in a larger effort to turn the ship around."
Makerbot's history is "an example of how you absolutely should not operate an open source company," argues Hackaday, saying it's left them skeptical of Makerbot's latest move: It reads like a company making a last ditch effort to win back the users they were so sure they didn't need just a few years ago... The wheels of progress turn slowly in any large organization, and perhaps doubly so in one that has gone through so much turmoil in a relatively short amount of time. It could be that it's taken Goshen these last nine months to start crafting a plan to get MakerBot back into the community's good graces.
From MakerBot's press release: "After setting high industry standards for what makes a quality and reliable 3D printing experience, we're introducing this new, more open platform as a direct response to our advanced users calling for greater freedom with materials and software." -
Kaspersky Lab Finds Flash Vulnerability Through Microsoft Word (neowin.net)
An anonymous reader quotes a report from Neowin: Kaspersky Lab, which has been under fire by the U.S. government as possibly being an agent of the Russian government and spying on U.S. computers, has found a previously unknown bug in Adobe Flash that was apparently exploited by a hacker group on October 10. Adobe issued a patch to fix the bug today. According to Kaspersky, "the exploit is delivered through a Microsoft Word document and deploys the FinSpy commercial malware." The company worked with Adobe to get a patch ready as quickly as possible, with Adobe releasing it a few hours ago. Users and agencies running the following versions of Adobe Flash will need to update immediately, as the vulnerability has been labeled as critical. The patch updates all versions of Adobe Flash to version 27.0.0.170. -
Steve Wozniak Announces Tech Education Platform 'Woz U' (techcrunch.com)
An anonymous reader quotes a report from TechCrunch: Steve Wozniak, the Apple co-founder who changed the world alongside Steve Jobs, has today announced the launch of Woz U. According to the release, Woz U will start as an online learning platform focused on both students and companies that will eventually hire those students. Woz U is based out of Arizona, and hopes to launch physical locations for learning in more than 30 cities across the globe. At launch, the curriculum will center around computer support specialists and software developers, with courses on data science, mobile applications and cybersecurity coming in the future. Alongside the education platform, Woz U will also offer platforms for tech companies to recruit, train and retain their workforce through on-site customized programs and subscription-based curricula. There also will be a platform for K-12 students, which will be distributed to school districts, that will offer STEAM programs to identify talent and nudge those individuals into a tech-based career. And if that weren't enough, Woz U will eventually introduce an accelerator program "to identify and develop elite tech talent." Woz U also has an app on the App Store that will help people understand which field of tech they're best suited for, so they can set up their curriculum accordingly. Pricing has yet to be announced. -
Upcoming USB 3.2 Specification Will Double Data Rates Using Existing Cables (macrumors.com)
A new USB specification has been introduced today by the USB 3.0 Promoter Group, which is comprised of Apple, HP, Intel, Microsoft, and other companies. The new USB 3.2 specification will replace the existing 3.1 specification and will double data rates to 20Gbps using new wires available if your device embraces the newest USB hardware. Mac Rumors reports: An incremental update, USB 3.2 is designed to define multi-lane operation for USB 3.2 hosts and devices. USB Type-C cables already support multi-lane operation, and with USB 3.2, hosts and devices can be created as multi-lane solutions, allowing for either two lanes of 5Gb/s or two lanes of 10Gb/s operation. With support for two lanes of 10Gb/s transfer speeds, performance is essentially doubled over existing USB-C cables. As an example, the USB Promoter Group says a USB 3.2 host connected to a USB 3.2 storage device will be capable of 2GB/sec data transfer performance over a USB-C cable certified for USB SuperSpeed 10Gb/s USB 3.1, while also remaining backwards compatible with earlier USB devices. Along with two-lane operation, USB 3.2 continues to use SuperSpeed USB layer data rates and encoding techniques and will introduce a minor update to hub specifications for seamless transitions between single and two-lane operation. -
Zelda: Breath of the Wild Is Now the Fastest-Selling Nintendo Launch Title of All Time (theverge.com)
An anonymous reader quotes a report from The Verge: It's no surprise that The Legend of Zelda: Breath of the Wild is the best-selling game on the Nintendo Switch, a console that just had its strongest U.S. opening ever for the company. But managing to sell more copies than consoles that can actually play it? That's what's happened in the U.S., amazingly -- Nintendo just announced that it sold 906,000 Switch consoles in March along with 925,000 copies of Breath of the Wild. The Wii U version moved almost 460,000 units on top of that, making for total sales of over 1.3 million. Breath of the Wild is now the fastest-selling Nintendo launch title of all time and the fastest-selling Legend of Zelda game ever. Nintendo says it thinks the Switch attach rate of more than 100 percent might be explained by people who bought a limited edition version to collect and a regular version to actually play, though another possibility is that some bought the game before they could find the console itself in stock. -
Panasonic Announces 1,000,000:1 Contrast Ratio LCD Panel To Rival OLED (androidauthority.com)
OLED panels have always been known to have higher contrast ratios than LCD panels, but that may be about to change with Panasonic's recently announced LCD IPS display. The display boasts a 1,000,000:1 contrast ratio, which is up to 600 times more contrast than some of the company's conventional LCD panels that tend to offer around 1800:1 ratios, and rivals OLED specifications. Android Authority reports: Panasonic has accomplished this through the use of its new light modulating cell technology, which allows the company to switch off individual pixels in the display using a secondary control layer. Typically, LCD backlights mean that either the entire or only large parts of the display can be dimmed at any one time. OLED panels switch off lights entirely for a black pixel to offer very high contrast ratios, and this new LCD technology works on a very similar principle. This is particularly important for reproducing HDR video content, which is becoming increasingly popular. Furthermore, this new light modulating cell technology allows Panasonic to increase the peak brightness and stability of the display, which can reach 1,000 cd/m2 while also providing HDR colors. Many other HDR TV panels top out in the range of 700 to 800 cd/m2, so colors, highlights, and shadows should appear vivid and realistic. Panasonic plans to ship the new display starting in January 2017 with sizes ranging from 55 to 12 inches. -
Nearly 9 Out of 10 Smartphones Shipped Run On Android (cnet.com)
An anonymous reader quotes a report from CNET: Google's Android operating system was the big winner in a big time for worldwide phone shipments, market researcher Strategy Analytics reported Wednesday. Android captured 88 percent of all smartphone shipped in the third quarter of 2016, a period that also marks the fastest growth rate in a year. "Android's gain came at the expense of every major rival platform," Strategy Analytics' Linda Sui said in a press release. "Apple iOS lost ground to Android and dipped to 12 percent [market]share," primarily because of "lackluster" sales in China and Africa, she said. And don't bother looking for BlackBerry and Microsoft Windows phones in the mix. They "all but disappeared" in the period between July 1 and the end of September. While Android's leading position looks "unassailable," it does face challenges in a market filled with phones made by hundreds manufacturers, few of which turn a profit. That's not helped by Google's new Pixel phone, which competes against the companies that made it popular in the first place, Strategy Analytics said. About 375 million smartphones shipped in the third quarter of 2016, up 6 percent from 354.2 million units in the same period last year. Shipments of Android-based phones rose 10.3 percent, while Apple's iPhones fell 5.2 percent. -
Yahoo Dodges Questions On Hacking, Verizon Deal By Canceling Earnings Call (huffingtonpost.com)
Verizon has been growing wary of their pending $4.83 billion acquisition deal of Yahoo ever since the technology company revealed a massive data breach affecting at least 500 million of its users. Today, Yahoo canceled their earnings call to avoid talking about the incident. Huffington Post reports: The internet company announced Friday that it will not hold the customary conference call after it released its third-quarter earnings next week "due to the pending transaction with Verizon." Verizon announced in July that it had agreed to buy Yahoo for $4.8 billion. The New York Post reported last week that Verizon wanted to cut $1 billion off the acquisition price due to the hack. Verizon denied the report. Yahoo's announcement reads in part: "Due to the pending transaction with Verizon, Yahoo will not have an earnings call or webcast for its third quarter results. Concurrently with release of its financial results, supplemental financial information will also be posted on the Company's Investor Relations website at investor.yahoo.net. -
PC Industry Is Now On a Two-Year Downslide (theverge.com)
According to analyst firm Gartner, PC shipments have declined for eight consecutive quarters -- "the longest duration of decline in the history of the PC industry." The company found that worldwide PC shipments totaled 68.9 million units in the third quart of 2016, a 5.7 percent decline from the third quarter of 2015. The Verge reports: The firm cites poor back-to-school sales and lowered demand in emerging markets. But the larger issue, as it has been for quite some time, is more existential than that. "The PC is not a high priority device for the majority of consumers, so they do not feel the need to upgrade their PCs as often as they used to," writes Gartner analyst Mikako Kitagawa. "Some may never decide to upgrade to a PC again." The threat, of course, comes from smartphones, which have more aggressive upgrade cycles than PCs and have over time grown powerful enough to compete with desktop and laptop computers at performing less intensive tasks. Tablets too have become more capable, with Apple pushing its iPad Pro line as a viable laptop replacement. PC makers are feeling the pressure. HP, Dell, and Asus each had low single-digit growth, but Acer, Apple, and Lenovo all experienced declines, with Apple and Lenovo each suffering double-digit drops. Meanwhile, the rest of the PC market, which collectively ships more units per quarter than any of the big-name brands, is down more than 16 percent. Some good news is that 2-in-1 devices have experienced year-over-year growth. Kitigawa also notes: "While our PC shipment report does not include Chromebooks, our early indicator shows that Chromebooks exceeded PC shipment growth." -
Amazon Pursues More Renewable Energy, Following Google, Apple, And Facebook (fortune.com)
An anonymous Slashdot reader writes: Amazon will open a 100-turbine, 253-megawatt wind farm in Texas by the end of next year -- generating enough energy to power almost 90,000 U.S. homes. Amazon already has wind farms in Indiana, North Carolina, and Ohio (plus a solar farm in Virginia), and 40% of the power for AWS already comes from renewable sources, but Amazon's long-term plan is to raise that to 100%.
But several of the world's largest tech companies are already pursuing their own aggressive renewable energy programs, according to Fortune. Google "has said it's the largest non-utility purchaser of renewable energy in the world. Apple claims that in 2015, 93% of its energy came from renewable sources, and its data centers are already 100% run on renewables (though that claim does rely on carbon trading). Facebook, which also uses Texas wind facilities, is aiming for 50% of its data center power to come from renewables by 2018. Even slightly smaller companies like Salesforce have made big commitments to renewable energy."
Last year for the first time utilities actually bought less than half the power produced by wind farms -- because tech companies, universities, and cities had already locked it down with long-term contracts. -
Yahoo Confirms Massive Data Breach, 500 Million Users Impacted [Updated] (recode.net)
Update: 09/22 18:47 GMT by M :Yahoo has confirmed the data breach, adding that about 500 million users are impacted. Yahoo said "a copy of certain user account information was stolen from the company's network in late 2014 by what it believes is a state-sponsored actor." As Business Insider reports, this could be the largest data breach of all time. In a blog post, the company said:Yahoo is notifying potentially affected users and has taken steps to secure their accounts. These steps include invalidating unencrypted security questions and answers so that they cannot be used to access an account and asking potentially affected users to change their passwords. Yahoo is also recommending that users who haven't changed their passwords since 2014 do so. The Intercept reporter Sam Biddle commented, "It took Yahoo two years to announce that info on half a billion user accounts was stolen." Amid its talks with Verizon for a possible acquisition -- which did happen -- Yahoo knew about the attack, but didn't inform Verizon about it, Business Insider reports. Original story, from earlier today, follows.
Last month, it was reported that a hacker was selling account details of at least 200 million Yahoo users. The company's service had apparently been hacked, putting several hundred million users accounts at risk. Since then Yahoo has remained tight-lipped on the matter, but that could change very soon. Kara Swisher of Recode is reporting that Yahoo is poised to confirm that massive data breach of its service. From the report: While sources were unspecific about the extent of the incursion, since there is the likelihood of government investigations and legal action related to the breach, they noted that it is widespread and serious. Earlier this summer, Yahoo said it was investigating a data breach in which hackers claimed to have access to 200 million user accounts and was selling them online. "It's as bad as that," said one source. "Worse, really." The announcement, which is expected to come this week, also possible larger implications on the $4.8 billion sale of Yahoo's core business -- which is at the core of this hack -- to Verizon. The scale of the liability could be large and bring untold headaches to the new owners. Shareholders are likely to worry that it could lead to an adjustment in the price of the transaction. -
Comcast To Offer Pay-As-You-Go TV, Broadband Service (dslreports.com)
An anonymous reader quotes a report from DSLReports: Comcast plans to roll-out prepaid cable TV and internet services later this year in portions of Illinois and four other states. According to a company announcement, Comcast's Xfinity Prepaid Services lets users sign up for TV or internet services and renew service for seven or 30 days at a time -- instead of paying by the month. A one-time setup fee of $80 includes equipment and 30 days of service, with users paying $15 for an additional seven days and $45 for an additional 30 days. "We want to create an easy, pay-as-you-go option for people who want more flexibility and predictability when buying our services," said Marcien Jenckes, Executive Vice President, Consumer Services, Comcast Cable. "And our partnership with Boost Mobile will give Xfinity Prepaid customers even more places where they can conveniently sign-up and pay-as-they-go." -
Facebook Pitches Laser Beams As The High-Speed Internet Of The Future (pcworld.com)
An anonymous reader quotes a report from PCWorld: Facebook says it has developed a laser detector that could open the airwaves to new high-speed data communications systems that don't require dedicated spectrum or licenses. The component, disclosed on Tuesday in a scientific journal, comes from the company's Connectivity Lab, which is involved in developing technology that can help spread high-speed internet to places it currently doesn't reach. At 126 square centimeters, Facebook's new laser detector is thousands of times larger. It consists of plastic optical fibers that have been "doped" so they absorb blue light. The fibers create a large flat area that serves as the detector. They luminesce, so the blue light is reemitted as green light as it travels down the fibers, which are then bundled together tightly before they meet with a photodiode. It's described in a paper published on Tuesday in the journal Optica. Facebook says there are applications for the technology both indoors and outdoors. Around the home, it could be used to transmit high-definition video to mobile devices. Outdoors, the same technology could be used to establish low-cost communications links of a kilometer or more in length. In tests, the company managed to achieve a speed of 2.1Gbps using the detector, and the company thinks it can go faster. By using materials that work closer to infrared, the speed could be increased. And using yet-to-be developed components that work at wavelengths invisible to the human eye, the speed could be increased even more. If invisible to humans, the power could also be increased without danger of harming someone, further increasing speed and distance. -
Seagate Fires 6,500, Or 14% of Workforce, Stock Soars (zerohedge.com)
turkeydance quotes a report from Zero Hedge: [Seagate] announced today an additional restructuring plan for continued consolidation of its global footprint across Asia, EMEA and the Americas. The plan includes reducing the Company's global headcount by approximately 6,500 employees, or 14% of its global headcount by the end of fiscal year 2017. The total pretax charges for the plan will be approximately $164 million in fiscal year 2017. The restructuring activities and global footprint consolidation underway should enable the Company to be operating within its targeted Non-GAAP product gross margin range of 27-32% by the December 2016 quarter. "Computer-memory specialist Seagate announced that its Q4 revenue would be $2.65 billion, beating expectations of $2.34 billion, and up from the $2.3 billion guidance given previously," reports Zero Hedge. "The company also reported gross margin of 25% and non-GAAP gross margin of approximately 25.8% for the fiscal fourth quarter 2016, up from the previous 23% forecast. Good news, and the stock is up 12% after hours as a result." -
Apple Starts To Shell Out $400 Million To Customers In eBook Settlement (cnet.com)
An anonymous reader writes: Starting today, millions of e-book purchasers will get either credits or checks for twice their losses, said legal firm Hagens Berman, which helped litigate the class action lawsuit. CNET reports: "Apple is on the hook for $400 million in damages plus an additional $30 million to pay the legal fees for Hagens Berman and $20 million to the state attorney generals who became involved in the case. On an individual basis, each plaintiff in the suit will receive $1.57 in credit for most e-books they bought and a $6.93 credit for every e-book purchased that was on the New York Times bestseller list. Consumers who purchased e-books from Amazon, Barnes and Noble, Kobo and Apple between April 1, 2010 and May 21, 2012 are eligible to receive credits deposited directly in their accounts or checks sent through the mail. In August 2011, a lawsuit filed by two individuals accused Apple of conspiring to fix e-book prices with five publishers: Hachette Book Group, HarperCollins Publishers, Holtzbrinck Publishers, Penguin Group and Simon and Schuster. The DoJ and the attorneys general of several states joined in with their own suits against the publishers. The lawsuits charged that the actions of Apple and the publishers prevented other e-book sellers from competing on price, thereby increasing the prices that consumers had to pay for e-books. After being found guilty of violating antitrust laws by a U.S. District Judge in 2013 and by an Appeals court in 2015, Apple's request for an appeal to the U.S. Supreme Court was denied this past March, forcing it to settle with the plaintiffs." -
Atari Is Going To Build IoT Devices (pcmag.com)
angry tapir quotes a report from Computerworld: The latest entrant in the Internet of Things is legendary gaming company Atari, which plans to make consumer devices that communicate over the SigFox low-power network. The devices will be for homes, pets, lifestyle, and safety. Atari has signed a deal with the communications service provider, Sigfox. "The initial product line will include categories such as home, pets, lifestyle and safety," the companies said in a statement. "By connecting to SigFox's global network, the products will benefit from its competitive advantages: a very long battery life and a simple solution that does not require local Internet connectivity and pairing. As soon as the battery is inserted in the object, it is immediately connected to the network." -
Free Software Will Help Detect Faulty and Malicious USB-C Cables
Reader Mickeycaskill writes: The USB 3.0 Promoter Group, of which HP, Intel and Microsoft are members, has developed authentication protocols for USB-C and will offer free software to detect faulty or malicious cables.This tool will alert users if they are using a non-authenticated cable. It has been suggested that hardware manufacturers could ship devices with an authentication system already installed. It is hoped that the specification will help end a number of recent incidents where sub-standard cables have either ripped off buyers or damaged devices. Most recently, Amazon said it would be adding USB-C cables and adapters that do not comply with standard regulations to its list of prohibited electronics items. -
Dell Sells IT Services Unit For $3 Billion (informationweek.com)
An anonymous reader writes: On Monday, March 28, Dell has publicly announced it is selling its IT services unit to NTT Data of Japan for more than $3 billion. The sale of Dell's IT services marks the first and largest transaction the company has taken on since it disclosed in December that it was considering divestitures to help offset its buyout of storage giant EMC, said Dell spokesperson David Frink. However, Frink cautioned that it's not fair to speculate that there will be more divestitures to come or that this will be the last, as the company moves forward with its EMC buyout deal that is valued at roughly $60 billion. The deal between Dell and NTT Data will help ease some of the financial burden of the deal between Dell and EMC. According to Frink, that mega-deal with EMC is expected to close in the August to October timeframe. -
$7 Million Xprize For Deep Ocean Exploration (businesswire.com)
An anonymous reader writes: Peter Diamandis announced today the launch of a new Xprize competition. $7 million is available for teams who are capable of pushing the boundaries of ocean exploration. "Our oceans cover two-thirds of our planet's surface and are a crucial global source of food, energy, economic security, and even the air we breathe, yet 95 percent of the deep sea remains a mystery to us," Diamandis said. The competition goals are as follows: "In each round, teams will complete a series of tasks, including making a bathymetric map (a map of the sea floor), producing high-resolution images of a specific object, and identifying archeological, biological or geological features. Teams also must show resiliency and durability by proving they can operate their technologies, deployed from the shore or air, at a depth of up to 4,000 meters." -
ThinkGeek Opens First Physical Store In Orlando
New submitter Enderxeno writes with news that on September 25th, geek merchandise retailer ThinkGeek will open its first brick-and-mortar store in Orlando, Florida. The store will open in a mall, and the company will be running it with the help of GameStop, who bought ThinkGeek back in June. The new store will have a 3,000 square foot space that used to be occupied by Radio Shack, and it will focus "entirely on collectibles." (Disclosure: Slashdot and ThinkGeek used to share a corporate overlord. We don't talk anymore, but we still like them. Even though they finally took away our employee discounts.) -
Bitcoin Arrives At NYSE, Startup Aims To Tackle Micropayments and Easy Mining
itwbennett writes: A startup company whose backers include Qualcomm, Cisco Systems and a former ARM executive, and which reportedly has raised "well north of $116 million" has just come out of stealth mode. The first thing to know about the company, which calls itself 21, is that it has designed an embedded chip for bitcoin mining. The details aren't entirely clear, but the plan seems to be to get its bitcoin mining chip embedded into millions of smartphones and tablets, and for those devices to work collectively to mine new currency. But the company has larger ambitions: It sees its chip as a way to solve the problem of micro payments and it could also be used to pay for the chips themselves. This was followed by news that the New York Stock Exchange will begin tracking and showing Bitcoin's dollar value. Reader Lashdots adds a link to an article describing how Silicon Valley finally joined the rush to invest in Bitcoin-related businesses. -
Wireless Charging Tech Adopted By Ford, Chrysler, and Toyota Goes Open Source
An anonymous reader writes: The in-vehicle wireless charging technology adopted by Ford, Chrysler, Dodge, RAM, and Toyota has been released to the public domain without royalties or licenses. This technology that you probably never heard of before is in 12 vehicles; more vehicles than all the other wireless charging standards combined. The open standard web page shows schematics, app notes, and certification information to get companies to make compatible wireless charging products. -
Amazon Plans To Release 12 Movies a Year In Theaters and On Prime
An anonymous reader writes "Amazon has announced that it will begin to produce and acquire original movies for theatrical release and early window distribution on Amazon Prime Instant Video. From the article: "This is a big move from Amazon, as it seeks to narrow the theatrical release window to between four and eight weeks. It can often take up to a year for films to land on subscription video-on-demand (SVoD) services such as Netflix and Amazon Prime Instant Video, however they do typically land on DVD/Blu-ray within around four months. Production for the aptly titled 'Amazon Original Movies' program will kick off in 2015, and plans are afoot to create around a dozen original titles for release in cinemas each year." -
Blizzard Announces Overwatch, a First-Person Shooter
Today at Blizzcon, Blizzard announced its first new franchise in 17 years: Overwatch. It's a first-person shooter, a type of game Blizzard hasn't made before. It seems to be based on team deathmatch combat, with a number of characters/classes that all have different abilities. The beta test will start sometime in 2015 (you can sign-up here at the official site, unless it gets crushed by traffic). Game director Jeffrey Kaplan (a.k.a. Tigole) said one of their big goals is to make it an approachable game in a way shooters often aren't. A cinematic trailer is available, as is a gameplay trailer. Blizzard has set up stations for players at Blizzcon to play Overwatch this weekend, so more details will be coming soon. -
Time Warner Turns Down Takeover Bid From Rupert Murdoch
Dave Knott (2917251) writes The media giant 21st Century Fox, the empire run by Rupert Murdoch, made an $80 billion takeover bid in recent weeks for Time Warner Inc. but was rebuffed. Time Warner on Wednesday confirmed that it had rejected a cash and stock offer from 21st Century Fox, saying that it was not in the company's best interests. Time Warner's board discussed the proposal at length and early this month it sent a terse letter rejecting the offer, saying the company was better off remaining independent. A Time Warner statement pointed to its own strategic plan, what it said was "uncertainty" over the value of 21st Century Fox stock and regulatory risks as among the reasons for its rebuff. The company said that 21st Century Fox had offered a premium of roughly 22 percent to Time Warner's closing price on Tuesday. Shares of Time Warner were up about 20 percent in premarket trading on Wednesday morning. The combined company would have total revenue of $65 billion. -
AT&T Plans To Launch Internet Video Service
An anonymous reader writes "AT&T officially announced on Tuesday their intention to launch a Netflix-like service in collaboration with an investment group run by a former Fox president. AT&T is following in the footsteps of Verizon, which partnered with Redbox in 2012 to offer the same type of service, and like Verizon, is also still negotiating with Netflix on payments to not throttle Netflix traffic." -
Two Ubuntu Phones Coming In 2014, Aiming For Top 50 iOS/Android Apps
An anonymous reader writes "Mark Shuttleworth just had a conference call with the press where he announced Canonical has partnered with BQ in Europe and Meizu in China to manufacture Ubuntu phones that will ship in 2014. By the time devices ship, the hope is to have ports of the top 50 Android and iOS apps available on Ubuntu." Mark Shuttleworth notes "The mobile industry has long been looking for a viable alternative to those that reign today. Ubuntu puts the control back into the hands of our partners and presents an exciting platform for consumers, delivering an experience which departs from the tired app icon grid of Android and iOS and provides a fluid, content-rich experience for all." -
Hulu Not For Sale, Time Warner May Join
HighOrbit writes "Engadget reports that the consortium behind Hulu have issued a press release and have taken Hulu off the market. The current owners will maintain their joint ownership of the video streaming service. Hulu is currently a joint project of Fox, Disney (ABC), and Comcast (NBC-Universal). Instead of selling off Hulu, the consortium will inject $750 Million to grow the streaming service. Slashdot previously reported possible buyers rumored to be Yahoo, DirecTV, Time Warner Cable, and Chernin Group/AT&T. Additionally Bloomberg reports that Time Warner Cable is still interested and seeks to join the current consortium by acquiring a 25% stake." -
PayPal Spaces Out With Paypal Galactic
sl4shd0rk writes "Presuming aliens won't have terrible Ebay experiences, PayPal means to position themselves to take on payments in the cosmos: 'With our fifteen years of experience in global online payments, PayPal has a unique perspective to speak to the possibilities of an interplanetary economy.' Apparently, Paypal is taking up bedmates with Virgin Galatic along with Buzz Aldrin and the SETI Institute to allow you to 'explore the possibilities of travel' as well as tourism and commerce." -
Blackstone Drops Dell Bid, Cites Declining PC Market
An anonymous reader writes "The Blackstone Group has notified Dell's board that it has ended its bid for the company after performing 'due diligence' on Dell's books. The private equity firm gave two reasons for its withdrawal in a letter to the special committee of the board reviewing privatization offers: the 'unprecedented 14 percent market decline in PC volume in the first quarter of 2013' and 'the rapidly eroding financial profile of Dell.' IBM's recently announced intention of withdrawing from the x86 server market may have also spooked investors. Blackstone was one of two outside bidders that emerged after founder Michael Dell and Silver Lake Partners announced a deal to take the company private for $24.4 billion. The remaining bidders did not comment on Blackstone's withdrawal; however, the Bloomberg piece notes that Dell's original deal with Silver Lake Partners contains language preventing the latter from backing out." -
Yahoo First Quarter Results: Revenue Dips Slightly, Profits Increase
New submitter dolilmao was the first with the news of Yahoo's first quarter results. From Techcrunch: "Yahoo just released its earnings report for the first quarter of 2013, with better-than-expected (non-GAAP) earnings of $420 million, or 38 cents per share. Revenue (excluding traffic acquisition costs) was flat compared to last year, at $1.07 billion. Analysts has predicted that the company would report revenue of $1.1 billion and 24 cents EPS. Wall Street normally evaluates Yahoo on an ex-TAC basis — including traffic acquisition costs, revenue was $1.14 billion, down 7 percent from last year." -
Facebook Lets You Harvest Account Phone Numbers
Frequent contributor Bennett Haselton writes with some strong cautions on a Facebook "feature" that lets you search for random phone numbers and find the accounts of users who have registered that number on their Facebook profile. This has privacy implications that are more serious than searching by email address. Especially in light of the expanding emphasis that Facebook is putting both on search qua search and on serving as a VoIP intermediary (not to mention the stream of robocalls that the FCC is unable to stop), this might make you think twice about where your phone number ends up. Read on for Bennett's description of the problem and some possible solutions.A few weeks ago a friend of mine said she was getting harassing text messages from a particular phone number, which she didn't recognize and which didn't appear in any of her own records. On a whim, I suggested entering the number into the Facebook search box, whereupon we found the guy's profile (even though he had no friends in common with the account we were logged in under), realized who he was, and ratted the thirty-something out to his Mom.
Then I thought: Is it really a good idea, for this to be possible? I tried entering consecutive phone numbers (starting with a random valid number, and varying the last 2 digits from 00 to 99) into Facebook's search box, and 13 of them came up with valid matches. None of those matches had any friends in common with the account we were searching from; as far as I can tell, anybody could enter any phone number into Facebook's search box and find the account associated with it, if there is one.
I think this has non-trivial privacy implications. (I repeatedly contacted Facebook explaining why I think this is a problem, but they haven't responded.) I'm not talking about the ability to find the account associated with a particular phone number — I think relatively few people have a legitimate need to send text messages from a truly anonymous phone number, and if they do, it's their own fault if they're dumb enough to put that number on their Facebook profile. And it wouldn't be a practical way to unmask the phone number associated with a particular account, either — even if you knew the person's area code, and narrowed down the list of possible exchange numbers following the area code, you'd still have to try tens of thousands of possibilities.
Rather, the problem is that you could use this technique to build up a database of phone numbers and associated accounts without targeting any specific phone number or account. Not only would you know the names associated with each of the numbers, you could associate the phone number with anything else that was discoverable from the person's Facebook profile &mdash which usually includes their location, their interests, and the names of their other friends. (By default, all such information is visible on your Facebook profile — even to users who aren't your Facebook friends and have no friends in common with you — but your contact information is supposed to be hidden from other users unless you've confirmed them as friends.)
An attacker could do this with email addresses too, of course, if they had a long list of email addresses known to be valid, by searching to see which ones were associated with Facebook accounts. Or they could supplement it with a list of automatically generated email addresses like john001@hotmail.com, john002@hotmail.com, similar to what spammers use in a dictionary harvest attack, and hope that some of those would map to valid accounts as well. The difference is that because the space of possible email addresses is effectively infinite, and because many people use email addresses on Facebook that aren't on any publicly circulating databases, an email search would probably not hit more than a small portion of Facebook accounts that were searchable by email address. On the other hand, since the space of possible phone numbers is finite, with enough patience you could uncover every Facebook account that had an associated phone number. As my short experiment above showed (13 out of 100 random numbers mapping to accounts), you could start building up a list of valid hits pretty quickly.
Similarly, it's already trivially possible for an attacker to build up a long list of other users' Facebook accounts - start with one person's account, go through their friends list, then visit the profile of each of those users and index their friends list, etc., like a search engine recursively spidering the Web. However, you'd be left with a large list of Facebook accounts but no way to contact them — you wouldn't have their email addresses or phone numbers, and if you send a message to a non-friend on Facebook, it goes into a subfolder of their Inbox marked "Other", which most users never check. The phone number dictionary attack described above, is the only loophole I can think of that lets you harvest a large list of Facebook users and a means to contact them in a way that they will actually see.
What could somebody do with such a database? Well, even if you only had a small list of a few thousand people, you could try spamming or scamming the numbers via text message. SMS scams are nothing new, of course, but they would probably be more effective if supplemented with the details you could get from a person's Facebook profile. (For straight-up spam, you can target it based on the interests listed in a person's profile. For scams, remember that you can use names taken from a person's friends list: "Hi, this is Jessica Smith. I have to pay off a parking ticket online or my car will get towed; can I borrow your credit card number and then I'll pay you tomorrow?")
Or if you spidered so many accounts that you built up a database which included a significant portion of all Facebook users with phone numbers on their profile, you could even launch your own publicly searchable website, splattered with grey-market pop-up advertisements: "Look up any Facebook user's phone number! If they've got their number on their Facebook profile, we have it here!" (While this would certainly raise awareness of the problem, I think it's more likely that the data harvester would decide they could make more money trading the data on the black market.)
I haven't seen this issue raised anywhere else, but lest you accuse me of "giving the bad guys ideas", I do think it's sufficiently obvious that some people on the dark side have probably discovered it, or would have, even if I hadn't brought it up. And even if any of these outcomes is unlikely, it would only have to be done once, to put the users' data permanently in the hands of the attackers, with Facebook unable to put the cat back into the bag. (Although they could at least rectify the problem for new users going forward.)
Balanced against this, what is the upside of being able to search for someone's profile on Facebook using their phone number? In my Facebook-using days, I never did it, since it was always easier to find someone using their email address, or by searching for their name, or by finding them in the friends list of one of our mutual friends. But even in a case where all you had was the person's phone number, is it too much to text them and ask for their first and last name, or their email address, so you can add them on Facebook?
Although Facebook did not respond to my inquiries, it's true that the existing behavior doesn't technically look like a violation of their Privacy Policy ("To make it easier for your friends to find you, we allow anyone with your contact information (such as email address or telephone number) to find you through the Facebook search bar..."). And I verified with a new test account that by default, in your privacy settings, under "How You Connect", the setting "Who can look you up using the email address or phone number you provided?" is set to "Everyone." The problem is that this setting casually lumps the two together, and users — as well as Facebook itself — might not realize that the implications of being findable by your phone number, are different from being findable by your email address.
Facebook should probably just go ahead and block searches by phone number — or, at least, make you fill out a CAPTCHA every time you do a phone number search, to make it harder to harvest them in bulk. There's no way to know if scammers are trying this already, but at least we can prevent it going forward. That would require a small edit to Facebook's privacy policy, but luckily for them, they can now do that without even calling a vote.
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Intel CEO Paul Otellini Retiring
An anonymous reader writes with a quick bit from a press release about Intel's CEO retiring: "Intel Corporation today announced that the company's president and CEO, Paul Otellini, has decided to retire as an officer and director at the company's annual stockholders' meeting in May, starting an orderly leadership transition over the next six months. Otellini's decision to retire will bring to a close a remarkable career of nearly 40 years of continuous service to the company and its stockholders." -
Virgin Galactic's Quiet News: Virgin Now Owns The SpaceShip Company
RocketAcademy writes "While all eyes were focused on SpaceX, which is preparing for another launch to the International Space Station, Virgin Galactic quietly put out a press release. Virgin Galactic has acquired full ownership of The SpaceShip Company, which will build production versions of SpaceShip Two. Ownership was previously shared with Scaled Composites, which built SpaceShip One and is building the SpaceShip Two prototype. There have been rumors of strained relations between Virgin Galactic and Scaled Composites. This news, which was not announced until after the close of business Friday, raises some interesting questions about Virgin's relationship with Scaled and its plans for the future." -
Mac OS X Mountain Lion Gets Three Million Downloads In 4 Days
hypnosec writes "Apple has announced that its latest Mac OS X version, Mountain Lion, has had three million downloads in just four days thereby making it the most successful OS in Cupertino's history. Philip Schiller, iPhone maker's senior vice president of Worldwide Marketing, said, 'Just a year after the incredibly successful introduction of Lion, customers have downloaded Mountain Lion over three million times in just four days, making it our most successful release ever.'" -
New Cable Designed To Deter Copper Thieves
Hugh Pickens writes "Pervasive thefts of copper wire from under the streets of Fresno, California have prompted the city to seal thousands of its manhole covers with concrete. In Picher, Oklahoma, someone felled the town's utility poles with chain saws, allowing thieves to abscond with 3,000 feet of wire while causing a blackout. The theft of copper cables costs U.S. companies $60 million a year and the FBI says it considers theft of copper wire to be a threat to the nation's baseline ability to function. But now PC World reports that a U.S. company has developed a new cable design that removes almost all the copper from cables in a bid to deter metal thieves. Unlike conventional cables made from solid copper, the GroundSmart Copper Clad Steel Cable consists of a steel core bonded to a copper outer casing, forming an equally effective but far less valuable cable by exploiting the corrosion-resistance of copper with the conductive properties of steel. 'Companies trying to protect their copper infrastructure have been going to extreme measures to deter theft, many of which are neither successful nor cost effective,' says CommScope vice president, Doug Wells. 'Despite efforts like these, thieves continue to steal copper because of its rising value. The result is costly damage to networks and growing service disruptions.' The GroundSmart Copper Clad Steel cable is the latest technical solution to the problem of copper theft, which has included alternatives like cable etching to aid tracing of stolen metal and using chemicals that leave stains detectable under ultra-violet light. However the Copper Clad Steel strikes at the root of the problem by making the cable less susceptible to theft by both increasing the resistance to cutting and drastically decreasing the scrap value." -
Star Wars: the Old Republic Launches
Today marks the official launch of Star Wars: the Old Republic, a new MMOG from BioWare, EA, and LucasArts. The game's population has been building throughout the week as players who pre-ordered were granted early access, but now the gates have been thrown open to everyone. By using the Star Wars universe and a 'story-driven' approach to MMO gameplay, BioWare hopes to draw in a new group of players who don't typically consider themselves MMO gamers. Since the game is still largely unexplored, comprehensive reviews have yet to be written, but Shack News has a write-up about the early game. An article at Eurogamer discusses whether this sort of game launch marks the end of an era for the MMOG industry — the game's budget is estimated to be as high as $100 million, and it relies on a traditional subscription model when many games are making the switch to free-to-play. -
RIM Gives Up After Losing Initial Battle Over BBX Trademark
First time accepted submitter Mastadex writes "RIM's brand new BlackBerry mobile OS, due in early 2012, was expected to be called BBX. But due to a recent court ruling against it, RIM has dropped BBX and opted simply for 'BlackBerry 10.' Software company Basis International said a U.S. federal court in Albuquerque has granted a temporary restraining order against RIM, barring it from using Basis's BBX trademark. The court decision bars RIM from using the trademark at its Asian DevCon conference on Wednesday and Thursday in Singapore."