Ericsson And Cisco Join Forces
Mobile equipment maker Ericsson and U.S. networking company Cisco Systems Inc announced that they have agreed to a business and technology partnership that should generate additional revenues of $1 billion for each company by 2018.
Ericsson, whose like-for-like sales are down 7 percent so far this year and were roughly flat over the previous three years, said the partnership means new areas of revenue as it will boost its addressable market, mainly in professional services, software and the resale of Cisco products.
“We are the wireless No. 1 in the world,” Ericsson Chief Executive Hans Vestberg told Reuters.
“Cisco is by far the No. 1 in the world when it comes to IP routers. Together we can create innovative solutions.”
The companies said in a statement they would together offer routing, data center, networking, cloud, mobility, management and control, and global services capabilities.
“The strategic partnership will be a key driver of growth and value for the next decade, with each company benefiting from incremental revenue in calendar year 2016 and expected to ramp (up) to $1 billion or more for each by 2018,” they said.
Ericsson expects full-year cost synergies of 1 billion Swedish crowns ($115 million) in 2018 due to the partnership and said it would continue to explore further joint business opportunities with Cisco.
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Microsoft To Block SHA-1 Hashing
Software Giant Microsoft has joined Mozilla and will consider blocking the SHA-1 hashing algorithm on Windows to keep the US spooks from using it to spy on users computers.
Redmond had earlier said that Windows would block SHA-1 signed TLS (Transport Layer Security) certificates from January 1, 2017, but is now mulling moving up the date to June.
There have been concerns about the algorithm’s security as researchers have proven that a forged digital certificate that has the same SHA-1 hash as a legitimate one can be created. Users can then be tricked into interacting with a spoofed site in what is called a hash collision.
In October, a team of cryptoanalysts warned that the SHA-1 standard should be withdrawn as the cost of breaking the encryption had dropped faster than expected to US$75,000 to $120,000 in 2015 using freely available cloud computing.
Programme manager for Microsoft Edge Kyle Pflug wrote in his blog that Redmond will coordinate with other browser vendors to evaluate the impact of this timeline based on telemetry and current projections for feasibility of SHA-1 collisions.
Mozilla said in October that in view of recent attacks it was considering a cut-off of July 1, 2016 to start rejecting all SHA-1 SSL certificates, regardless of when they were issued, ahead of an earlier scheduled date of January 1, 2017.
Courtesy- http://www.thegurureview.net/computing-category/microsoft-to-block-sha-1-hashing.html
Sprint Confirms Jobs To Be Cut
November 17, 2015 by admin
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Sprint Chairman and SoftBank CEO Masayoshi Son has confirmed that job cuts at Sprint will be “in the thousands” as part of a restructuring plan.
His comments came as SoftBank, which owns more than 70% of Sprint, reported its quarterly earnings.
“Sprint is now in the position to increase the pace of user acquisition while cutting costs,” Son said, according to Bloomberg and other news sources. “We will also cut staff. The cuts will be in the thousands.”
Son’s comments are not out of line with things Sprint CEO Marcelo Claure has been telling Sprint workers for months.
On Tuesday, Sprint’s stock price sagged downward after an earnings report included a statement saying that the carrier plans to cut $2 billion or more in operating expenses for its 2016 fiscal year, which begins in April.
Son also said the $2 billion is a “minimum target” and should be the amount slashed annually, according to a report by The Wall Street Journal. The company now has more than $25 billion in annual costs.
Sprint has been investing in attracting new customers — an effort that has been costly but effective. On Tuesday, Sprint reported it gained 237,000 postpaid phone customers in its second fiscal quarter, which ended Sept. 30. It was the first time the company had showed gains on that measure in two years. It also reported its lowest customer cancellation rate in company history.
In November 2014, Sprint had said it would cut 2,000 jobs as part of $1.5 billion in cost reductions. That announcement came after Sprint had cut 5,000 jobs from January through September 2014. The company had 31,000 workers at the start of its current fiscal year on April 1.
Source- http://www.thegurureview.net/mobile-category/sprint-confirms-thousands-of-jobs-to-be-cut.html
Confusion Continues To Reign With U.S. Chip & PIN
November 11, 2015 by admin
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Several large U.S. retailers are ramping up efforts to use personal identification numbers, or PINs, with new credit cards embedded with computer chips in a bid to prevent counterfeit card fraud.
But they are being resisted by the banking industry, which sees no need to invest further in PIN technology, already used with debit cards, resulting in halting adoption and widespread confusion.
A small band of retailers with the clout to call the shots on their branded credit cards is leading the charge. Target Corp is moving ahead with a chip-and-PIN rollout, and Wal-Mart Stores Inc plans to do the same.
But Wal-Mart said it faces obstacles because its credit card partner, Synchrony Financial, is not yet able to handle PINs on credit cards. Synchrony declined comment.
Broadly, U.S. banks are unprepared or resisting the change.
The impasse comes after many consumers got their hands on new credit cards embedded with so-called EMV chips in advance of an Oct. 1 deadline that required retailers to accept chip cards or be liable for fraud losses. EMV stands for EuroPay, MasterCard and Visa.
But only about a third of merchants are actually using the chip technology, according to analyst estimates. The number may not pick up until early next year, if at all, because the retail industry typically halts upgrades during the crucial holiday shopping season.
“PIN issuance will remain a niche,” said Julie Conroy, credit-card analyst with Aite Group.
Banks favor using chip cards verified by old-school signatures, even though chip-and-PIN usage has led to lower fraud over the decade they have been used in Europe and elsewhere.
“The PIN is definitely a must,” said Lance James, chief scientist with cyber intelligence firm Flashpoint. “It’s one extra step that provides true two-factor authentication.”
But bankers say PINs provide little benefit beyond the advantage of using chips in combating the estimated $7 billion-plus in annual U.S. card fraud.
EMV chips thwart criminals who use stolen data to create counterfeit cards, a category that Aite estimates accounts for 37 percent of that fraud. Banks say that PINs only provide additional fraud protection when criminals seek to use lost or stolen cards, a situation that Aite estimates accounts for only 14 percent of fraud.
Banking groups say there are better approaches than PINs for verifying customers and have asked retailers to embrace tokenization and encryption to prevent theft of credit card numbers.
“PIN is a static data element that would not have a meaningful impact on overall payments fraud,” said Electronic Payments Coalition spokesman Sam Fabens.
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Oracle’s M7 Processor Has Security On Silicon
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Oracle started shipping systems based on its latest Sparc M7 processor, which the firm said will go a long way to solving the world’s online security problems by building protection into the silicon.
The Sparc M7 chip was originally unveiled at last year’s Openworld show in San Francisco, and was touted at the time as a Heartbleed-prevention tool.
A year on, and Oracle announced the Oracle SuperCluster M7, along with Sparc T7 and M7 servers, at the show. The servers are all based on the 32-core, 256-thread M7 microprocessor, which offers Security in Silicon for better intrusion protection and encryption, and SQL in Silicon for improved database efficiency.
Along with built-in security, the SuperCluster M7 packs compute, networking and storage hardware with virtualisation, operating system and management software into one giant cloud infrastructure box.
Oracle CTO Larry Ellison was on hand at Openworld on Tuesday to explain why the notion of building security into the silicon is so important.
“We are not winning a lot of these cyber battles. We haven’t lost the war but we’re losing a lot of the battles. We have to rethink how we deliver technology especially as we deliver vast amounts of data to the cloud,” he told delegates.
Ellison said that Oracle’s approach to this cyber war is to take security as low down in the stack as possible.
“Database security is better than application security. You should always push security as low in the stack as possible. At the bottom of the stack is silicon. If all of your data in the database is encrypted, that’s better than having an application code that encrypts your data. If it’s in the database, every application that uses that database inherits that security,” he explained.
“Silicon security is better than OS security. Then every operating system that runs on that silicon inherits that security. And the last time I checked, even the best hackers have not figured out a way to download changes to your microprocessor. You can’t alter the silicon, that’s really tricky.”
Ellison’s big idea is to take software security features out of operating systems, VMs and even databases in some cases – because software can be changed – and instead push them into the silicon, which can’t be. He is also urging for security to be switched on as default, without an option to turn it back off again.
“The security features should always be on. We provide encryption in our databases but it can be switched off. That is a bad idea. There should be no way to turn off encryption. The idea of being able to turn on and off security features makes no sense,” he said.
Ellison referred back to a debate that took place at Oracle when it first came up with its backup system – should the firm have only encrypted backups. “We did a customer survey and customers said no, we don’t want to pay the performance penalty in some cases,” he recalled. “In that case customer choice is a bad idea. Maybe someone will forget to turn on encryption when it should have been turned on and you lose 10 million credit cards.”
The Sparc M7 is basically Oracle’s answer to this dire security situation. Ellison said that while the M7 has lots of software features built into the silicon, the most “charismatic” of these is Silicon Secured Memory, which is “deceptively simple” in how it works.
“Every time a computer program asks for memory, say you ask for 8MB of memory, we compute a key and assign this large number to that 8MB of memory,” he explained. “We take those bits and we lock that memory. We also assign that same number to the program. Every time the program accesses memory, we check that number to make sure it’s the memory you allocated earlier. That compare is done by the hardware.”
If a program tries to access memory belonging to another program, the hardware detects a mismatch and raises a signal, flagging up a possible breach or bug.
“We put always-on memory intrusion detection into the silicon. We’re always looking for Heartbleed and Venom-like violations. You cannot turn it off,” the CTO warned.
“We’ve also speeded up encryption and decompression, which is kind of related to encryption. It runs at memory speed there’s zero cost in doing that. We turn it on, you can’t turn it off, it’s on all the time. It’s all built into the M7.”
Ellison claimed that running M7-based systems will stop threats like Heartbleed and Venom in their tracks.
“The way Venom worked, the floppy disc driver concealed this code. It’s the worst kind of situation, you’re writing into memory you’re not supposed to. You’re writing computer instructions into the memory and you’ve just taken over the whole computer,” he explained. “You can steal and change data. M7 – the second we tried to write that code into memory that didn’t belong to that program, where the keys didn’t match, that would have been detected real-time and that access would have been foiled.
All well and good, except for the fact that nearly every current computer system doesn’t run off the M7 processor. Ellison claimed that even if only three or four percent of servers in the cloud an organisation is using have this feature, they will be protected as they’ll get the early warning to then deal with the issue across non-M7 systems.
“You don’t have to replace every micro processor, you just have to replace a few so you get the information real-time,” he added.
“You’ll see us making more chips based on security, to secure our cloud and to sell to people who want to secure their clouds or who want to have secure computers in their datacentre. Pushing security down into silicon is a very effective way to do that and get ahead of bad guys.”
SuperCluster M7 and Sparc M7 servers are available now. Pricing has not been disclosed but based on normal Oracle hardware costs, expect to dig deep to afford one.
Source-http://www.thegurureview.net/computing-category/oracles-new-m7-processor-has-security-on-silicon.html
Verizon Goes IoT
Verizon has rolled out ThingSpace, a development platform for companies of all sizes to create Internet of Things applications more efficiently and then later manage those apps.
The carrier also announced it is creating a new dedicated network core for IoT connections that can scale far beyond the ability of its existing networks with the intent to reach billions of sensors and devices.
“Continued innovation in smart cities, connected cars and wearables demonstrates that IoT is the future for how we will live and work,” said Mike Lanman, senior vice president of enterprise products at Verizon during an event held at Verizon’s San Francisco Innovation Center. He said Verizon is taking a “holistic approach” to help expand the IoT market from millions of connections to billions. The event was webcast.
Other major wireless carriers, including AT&T, are developing programs to offer a range of services to industries and cities for connecting IoT sensors to wireless networks and then to cloud services for data analysis.
At Verizon, Lanman said the company is working to lower the cost of connecting billions of existing devices that companies have used for years to Verizon’s network. Holding up a new computer chip made by Sequans Communications, an LTE chip maker, he said the chip will provide a “significant reduction in cost…that changes the game.” It will provide 4G LTE connectivity in modules connected to IoT devices to “make the wide-area network more accessible to developers.”
Also, next year Verizon will launch a new IoT core network within its LTE network to provide a “much lower cost” than with Verizon’s existing wired and wireless networks.
“The cost for an IoT module and the cost to connect will both drop dramatically,” Lanman added. “Whether you are connecting your dog or water meters and any other low-payload devices, we’ll handle it through a new IoT core.”
Source-http://www.thegurureview.net/consumer-category/verizon-launches-thingspace-for-iot-development.html
Is Intel Trying To Destroy Micron?
Wall Street analysts have downgraded Micron technology’s value after Intel’s announcement that it will expand investment in NAND.
Intel plans to invest up to $5.5 billion over the coming years to use its Dalan, China, facility to expand its NAND manufacturing capacity. Initial 3D NAND production is expected to commence in second-half 2016 in Dalan.
Barrons has said that with pricing pressure already present in DRAM, Intel’s move puts Micron in a state of uncertainty.
This is a little odd given that Intel and Micron are chums, but Barron’s Rajvindra Gill said that the move will reduce Chipzilla’s dependence on Micron.
More than half of output is expected to use 3D NAND in the next two to three years and Intel’s focus on the technology reduces its reliance on Micron as a supplier while transforming it into a competitor, Gill said.
Micron be the last one standing when the mergers and acquisitions the industry is seeing and be an industry also ran.
Intel’s focus on the non-volatile memory market could put the pricing and supply/demand environment under pressure.
Micron has already had difficulties setting up 3D NAND versus its peers and now has another significant challenger entering the market, Gill said.
Intel’s move to NAND places a major Micron customer at risk. While Intel noted that its relationship with Micron remains strong and that it will continue to focus on 3D Xpoint, we believe the IM Flash Agreement could be at risk.
With Intel producing more NAND on its own, it could look to lower its reliance on the joint venture.
Intel has a right to sell its portion of the joint venture to Micron. If Intel elects to do so, a closing date would be set within two years. Sales to IM Flash sales to Intel were $101 million in the third quarter, or 8 per cent of trade NAND revenue.
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Steve Ballmer Believes In Twitter
Ex Microsoft Corp Chief Executive Steve Ballmer has purchased a 4 percent stake in Twitter Inc, according to his spokesman, making him the third-biggest individual shareholder in the social media company.
Ballmer’s stake is worth more than $800 million based on Twitter’s $21 billion market value. Only co-founder Evan Williams and Saudi billionaire Prince Alwaleed bin Talal have greater stakes among individual investors.
Friday Ballmer tweeted from a non-verified account that he built up his stake over the past several months.
His tweet lauded Twitter’s new ‘Moments’ feature, which curates the best tweets of the day, and Dorsey’s appointment as permanent CEO last week.
“Good job @twitter, @twittermoments innovation, @jack Ceo, leaner, more focused,” the tweet said. “Glad I bought 4% past few months.”
Twitter declined to comment. Ballmer himself did not return requests for comment.
Ballmer, who bought the Los Angeles Clippers basketball team after retiring as Microsoft CEO in February 2014, has a personal fortune of about $21.5 billion, making him the 35th richest person in the world, according to Forbes magazine.
Ballmer now owns more of Twitter than co-founder and CEO Dorsey, who has a 3.2 percent stake, according to Thomson Reuters data. Williams is the largest individual shareholder with about 7.5 percent, followed by Alwaleed with about 5.2 percent.
Like @alwaleedbinT move too,” Ballmer’s tweet said. Alwaleed and his investment firm, Kingdom Holding Co 4280.SE, said earlier this month they had raised their stake in Twitter to more than 5 percent.
Ballmer’s investment is a sign that Twitter’s efforts to revive growth under Dorsey is being appreciated, Monness, Crespi, Hardt, & Co Inc analyst James Cakmak said.
“I think it’s just another point of evidence that the step that they are taking to redirect the business toward growth is resonating,” Cakmak said.
Twitter has made several new announcements since Dorsey, who also served as CEO in 2008, returned on a permanent basis last week. On Tuesday, Twitter said it will lay off about 8 percent of its workforce and on Wednesday, it hired Google Inc executive Omid Kordestani as executive chairman.
FBN Securities analyst Shebly Seyrafi said Ballmer’s stake could be indicative of widespread confidence in Dorsey and his strategy.
Source-http://www.thegurureview.net/aroundnet-category/steve-ballmer-believes-in-twitter.html
Qualcomm Goes LTE For Microsoft
Qualcomm has continued its friendship with Microsoft by extending its latest LTE-Advanced modem, the X12, to Windows 10 notebooks and tablets.
The chipmaker was the only major chip provider to optimize its architecture for Windows Phone, and Microsoft’s Lumia devices, which run on Snapdragon 808 and 810 chips.
The Windows 10 devices which come to market later this year will have the option to integrate cellular connectivity with the X12, X7 or X5 LTE modems, which support the Microsoft operating system’s native Mobile Broadband Interface Model (MBIM).
Qualcomm said this would give business users, in particular, a similar experience on their large-screened devices as on their smartphones, giving the particular examples of location-based services and security driving LTE usage on PCs and tablets.
Integrated cellular connectivity has not been so important for notebook users, outside of a few scenarios such as WiFi-less trains, most wireless access from notebooks, and even tablets, is over a WLAN.
Qualcomm makes WiFi chips for portable devices but it does not have such a big market share. Working with Microsoft means it could have a higher presence and a far better chance of delivering mass sales. The Surface Pro and its new Surface Book, is getting good reviews and might even be popular.
Courtesy-http://www.thegurureview.net/computing-category/qualcomm-goes-lte-for-microsoft.html
Apple Removes Data Spying Apps From Store
October 21, 2015 by admin
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Apple has removed several apps from its store that it said could pose a security risk by exposing a person’s Web traffic to untrusted sources.
The company recommended deleting the apps but did not name them, which may make it hard for people to know which apps put their data at risk.
The apps in question installed their own digital certificates on a person’s Apple mobile device. It would enable the apps to terminate an encrypted connection between a device and a service and view the traffic, which is a potential security risk.
Most websites and many apps use SSL/TLS (Secure Socket Layer/Transport Security Layer), a protocol that encrypts data traffic exchanged with a user. SSL/TLS is a cornerstone of Web security, ensuring data traffic that is intercepted is unreadable.
It is possible in some cases to interfere with an encrypted connection. Many enterprises that want to analyze encrypted traffic for security reasons will use SSL proxies to terminate a session at the edge of their network and initiate a new one with their own digital certificate, allowing them to inspect traffic for malicious behavior.
In that scenario, employees would likely be more aware or expect that kind of monitoring. But people downloading something from the App Store probably would have no idea of the access granted to their sensitive data traffic.
Apple checks applications to ensure that malicious ones are not offered in its store. Those checks are in large part the reason why Apple has had fewer problems with malicious mobile applications in its store.
Installing digital certificates isn’t itself a malicious action per se, but Apple may be concerned that users are not fully aware of the consequences of allowing an app to do so.
Source-http://www.thegurureview.net/aroundnet-category/apple-removes-data-spying-apps-from-store.html