Sign up for our Technology Newsletter 
Amazon Has Its Own ARM SoC
Online book seller Amazon is selling its own brand of ARM-based computer chips.
In a move which is a side step from its normal expansion into its own brand of groceries and clothing, Amazon is flogging its own chips which are being made by Annapurna Labs.
Annapurna is an Israeli subsidiary that Amazon acquired a year ago and the chips are called Alpine. They are ARM-based processors are designed to drive home gateways, Wi-Fi routers, and Network Attached Storage (NAS) devices.
They’re meant for things like data centers and cheap smart home devices rather than smartphones and tablet which makes the concept of Amazon selling them seem rather odd. After all if you are a datacenter you usually go to a supplier and buy shedloads of expensive gear. You don’t normally pop into Amazon and do a quick search, even if you are a Prime Member.
Intel currently has the data center sewn up and ARM chip use is still thin on the ground however Amazon has done well in the cloud so peddling chips as part of a product package makes a bit of sense.
It won’t initially be targeting the kind of high-end servers which are powering the Internet of Stuff which is supposed to be the next big thing. Asus, Netgear, and Synology are already producing devices that use Amazon’s Alpine .
Courtesy-Fud
Will MasterCard Sell Big Data?
June 23, 2014 by admin
Filed under Around The Net
Comments Off on Will MasterCard Sell Big Data?
MasterCard Inc, the world’s second-largest credit card association, sees business booming from selling data to retailers, banks and governments on spending patterns found in the payments it processes, a top executive told Reuters.
MasterCard, which handles payments for 2 billion cardholders and tens of millions of merchants, uses that information to generate real-time data on consumer trends, available more quickly that regular government statistics.
“It is an incredibly fast growing area for us,” Ann Cairns, who heads MasterCard’s business outside North America, said in an interview, stressing that the company respects cardholder privacy, using anonymous data rather than personal information.
MasterCard does not give figures for its information services products but “other revenues”, which include the sale of data, grew 22 percent in the first quarter of 2014 to $341 million, outpacing the growth of total revenue dominated by payments processing, which rose 14 percent to $2.177 billion.
Cairns said clients for the data include retailers, banks and governments, with MasterCard tailoring it to their needs.
“Retailers are fantastic at using the data they have available about how people shop in their store, how their inventory turns over, but what they don’t know is what happens outside their store,” she said. “The data we’ve got is ubiquitous across the whole market. We can help retailers see what they need to do to capture more sales.”
Cairns, 57, a statistician by training who joined MasterCard in 2011 after helping manage the disposal of Lehman Brothers assets in Europe, revels in the insights real-time card data can provide, such as London’s popularity as the world’s top travel destination and a rise in spending on experiences such as eating out or going on holiday rather than shopping in stores.
MasterCard has recorded a spike in spending in Brazil on groceries and a drop in spending on luxury goods as the price of food has risen ahead of the World Cup, she said, the kind of insight valued by companies such as Nike and Adidas that are hoping to sell $300 soccer boots during the competition.
While MasterCard expands in “big data”, Cairns sees no slowdown in its traditional business of processing payments, with plenty of potential for growth as 85 percent of consumer transactions are still made by cash or check.
“Moving money and doing it safely and securely is so deeply cared about by so many people around the world that it will be a business that has fantastic value now and for years to come,” said Cairns, who previously worked at Citigroup and ABN Amro.
Zeus Attached To Cancer Email Scam
March 28, 2014 by admin
Filed under Around The Net
Comments Off on Zeus Attached To Cancer Email Scam
Thousands of email users have been hit by a sick cancer email hoax that aims to infect the recipients’ computers with Zeus malware.
The email has already hit thousands of inboxes across the UK, and looks like it was sent by the National Institute for Health and Care Excellence (NICE). It features the subject line “Important blood analysis result”.
However, NICE has warned that it did not send the malicious emails, and is urging users not to open them.
NICE chief executive Sir Andrew Dillon said, “A spam email purporting to come from NICE is being sent to members of the public regarding cancer test results.
“This email is likely to cause distress to recipients since it advises that ‘test results’ indicate they may have cancer. This malicious email is not from NICE and we are currently investigating its origin. We take this matter very seriously and have reported it to the police.”
The hoax message requests that users download an attachment that purportedly contains the results of the faux blood analysis.
Security analysis firm Appriver has since claimed that the scam email is carrying Zeus malware that if installed will attempt to steal users’ credentials and take over their PCs.
Appriver senior security specialist Fred Touchette warned, “If the attachment is unzipped and executed the user may see a quick error window pop up and then disappear on their screen.
“What they won’t see is the downloader then taking control of their PC. It immediately begins checking to see if it is being analysed, by making long sleep calls, and checking to see if it is running virtually or in a debugger.
“Next it begins to steal browser cookies and MS Outlook passwords from the system registry. The malware in turn posts this data to a server at 69.76.179.74 with the command /ppp/ta.php, and punches a hole in the firewall to listen for further commands on UDP ports 7263 and 4400.”
Anonymous Attacks MIT
January 23, 2013 by admin
Filed under Around The Net
Comments Off on Anonymous Attacks MIT
Anonymous goes after the Massachusetts Institute of Technology (MIT) website after its president called for an internal investigation into what role it played in the prosecution of web activist Aaron Swartz.
MIT president Rafael Reif revealed the investigation in an email to staff that he sent out after hearing the news about Swartz’s death.
“I want to express very clearly that I and all of us at MIT are extremely saddened by the death of this promising young man who touched the lives of so many. It pains me to think that MIT played any role in a series of events that have ended in tragedy,” he wrote.
“I have asked Professor Hal Abelson to lead a thorough analysis of MIT’s involvement from the time that we first perceived unusual activity on our network in fall 2010 up to the present. I have asked that this analysis describe the options MIT had and the decisions MIT made, in order to understand and to learn from the actions MIT took. I will share the report with the MIT community when I receive it.”
Hacktivists from Anonymous defaced two MIT webpages in the wake of the announcement and turned them into memorials for Swartz.
Will Foxcomm Invade The US?
Foxconn Technology Group is weighing whether or not to expand its existing manufacturing operations in the U.S., in a move that could be linked with Apple’s plan to bring back Mac manufacturing to the country.
Foxconn made the statement last Friday after Apple CEO Tim Cook said in interviews with NBC and Businessweek that Apple would manufacture one of its Mac lines in the U.S. by the end of next year.
“So we’ll literally invest over $100 million,” Cook said. “This doesn’t mean that Apple will do it ourselves, but we’ll be working with people, and we’ll be investing our money.”
Analysts said Foxconn could be involved. The Taiwan-based firm is a major supplier for Apple, helping to build its iPhone and iPad. But much of that manufacturing is done in China, where Foxconn employs 1.2 million workers and labor costs are lower.
Without elaborating, Foxconn said it was considering the expansion in order to meet the needs of it customers, and to “leverage the high-value engineering talent” available in the U.S. market.
It’s unclear what kind of manufacturing operations the company already has in the U.S. An expansion in the nation, however, would face challenges, said Amy Teng, an analyst with research firm Gartner.
“From the financial perspective, I don’t see any advantage in why they (Foxconn) would assemble there, unless this is part of Apple’s plan,” she said. Labor costs in the U.S. are higher and it will be harder for the company to recruit U.S. workers for menial factory jobs, when compared to China.
I.T. Spending On The Rise
Worldwide IT spending remains on track to increase by 6% in 2012 despite the grim economic conditions in Europe, thanks to strong software, storage, smartphone and tablet sales, according to IDC.
While 2012 has been a tough year for many IT vendors, they have done better overall than many expected in the first half of the year, IDC said.
For example, software spending has been robust, even in parts of the world where the economy has been weakest, as businesses hope software tools and applications will help them implement cost-reduction strategies.
The 6% growth compares to a 7% increase in worldwide IT spending last year. IDC expects 6% growth in 2013.
Software, storage, enterprise network and mobile device markets have offset weaker sales in servers, peripherals and PCs. However, the launch of Windows 8 during the fourth quarter should help the PC market recover next year, IDC said.
U.S. IT spending will grow by 5.9% in 2012, compared to 8.5% last year. However, the strength of the dollar during the first six months of the year means that IT spending in dollar terms will grow just 4% for the full year.