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Verizon Emerged As Favorite Bidder For Yahoo
April 26, 2016 by admin
Filed under Network Services
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Verizon Communications Inc is the clear favorite in the fast approaching bid for Yahoo Inc’s core Internet business, according to Wall Street analysts, in large part because the telecommunications company’s efforts to become a force in Internet content have gone relatively well under the leadership of AOL Inc Chief Executive Tim Armstrong.
Verizon acquired AOL last June for $4.4 billion – its first big foray into the advertising-supported Internet business – and it is not yet clear how well the unit is performing financially. Subsequent moves, including the takeover of much of Microsoft Corp’s advertising technology business, a deal to buy Millennial Media for about $250 million and the recent launch of the mobile video service go90, are also too recent to assess.
Yet analysts have given the big phone company high marks for allowing AOL to operate independently and folding in other recent acquisitions without much drama. And they said Armstrong seems to be driving Verizon’s recent moves in go90 and recent acquisitions.
“The management puts a lot of faith in Armstrong,” BTIG analyst Walt Piecyk said.
That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL, especially in assembling a strong set of products to deliver targeted digital ads to customers.
Combining AOL and Yahoo, an idea that has come up many times over the years, could instantly make Yahoo a major player in Internet advertising, with Armstrong – one of the world’s top ad executives – at the helm, analysts said.
Armstrong “has good M&A experience, and a pretty solid ad tech stack,” B. Riley & Co analyst Sameet Sinha said.
Verizon’s hands-off approach that has worked with AOL, though, might not be suitable if the far-bigger Yahoo were taken over. With Yahoo’s struggling business, “the luxury of autonomy is simply not there,” Recon Analytics analyst Roger Entner said.
Verizon, AOL and Yahoo declined to comment.
Source- http://www.thegurureview.net/aroundnet-category/verizon-emerges-as-favorite-bidder-for-yahoo.html
Pawn Storm Hacking Develops New Tools For Cyberespionage
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A Russian cyberespionage group known as Pawn Storm has made use of new tools in an ongoing attack campaign against defense contractors with the goal of defeating network isolation policies.
Since August, the group has been engaged in an attack campaign focused on defense contractors, according to security researchers from Kaspersky Lab.
During this operation, the group has used a new version of a backdoor program called AZZY and a new set of data-stealing modules. One of those modules monitors for USB storage devices plugged into the computer and steals files from them based on rules defined by the attackers.
The Kaspersky Lab researchers believe that this module’s goal is to defeat so-called network air gaps, network segments where sensitive data is stored and which are not connected to the Internet to limit their risk of compromise.
However, it’s fairly common for employees in organizations that use such network isolation policies to move data from air-gapped computers to their workstations using USB thumb drives.
Pawn Storm joins other sophisticated cyberespionage groups, like Equation and Flame, that are known to have used malware designed to defeat network air gaps.
“Over the last year, the Sofacy group has increased its activity almost tenfold when compared to previous years, becoming one of the most prolific, agile and dynamic threat actors in the arena,” the Kaspersky researchers said in a blog post. “This activity spiked in July 2015, when the group dropped two completely new exploits, an Office and Java zero-day.”
Source- http://www.thegurureview.net/aroundnet-category/pawn-storm-hacking-group-develops-new-tools-for-cyberespionage.html
Will MS Debut A Lumia Business Phone Next Year?
December 7, 2015 by admin
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Microsoft surprised the world when its new phone range failed to contain anything to interest business users – now it seems it is prepared to remedy that.
Microsoft promised that its Lumia range would cover the low end, business and enthusiast segments but while the Lumia 950 and Lumia 950 XL and Lumia 650 should cover the low-end segment as well nothing has turned up for business users.
This was odd, given that business users want phones that play nice with their networks, something that Redmond should do much better than Google or Apple.
Microsoft’s CFO Amy Hood told the UBS Global Technology Conference that business versions of the Lumia were coming. She said:
“We launched a Lumia 950 and a 950 XL. They’re premium products, at the premium end of the market, made for Windows fans. And we’ll have a business phone, as well.”
There were no details, but we have been hearing rumours of a Surface phone being sighted on benchmarks. It was thought that his would be a Microsoft flagship, but with the launch of the Lumia 950/950 XL, it is possible that this Surface phone could be aimed at the business user. The word Surface matches nicely with Microsoft’s Surface Pro branding.
Source-http://www.thegurureview.net/mobile-category/will-microsoft-debut-a-lumia-business-phone-next-year.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
Microsoft To Open Source Radio Code
Microsoft has begun to open source some more of its code, this time for the Microsoft Research Software Radio (Sora).
“We believe that a fully open source Sora will better support the research community for more scientific innovation,” said Kun Tan, a senior researcher on the Sora project team.
Sora was created to combat the problem of creating software radio that could keep up with the hardware developments going on around it.
The idea behind it is to run the radio off software on a multi-core PC running a basic operating system. In the example, it uses Windows. But then it would.
A PCIe radio control board is added to the machine with signals processed by the software for transmission and reception, while the RF front-end, with its own memory, interfaces with other devices.
The architecture also supports parallel processing by distributing processing pipelines to multiple cores exclusively for real-time SDR tasks.
Sora has already won a number of awards, and the Sora SDK and API were released in 2011 for academic users. More than 50 institutions now use it for research or courses.
As such, and in line with the groovy open Microsoft ethos, the software has now been completely open sourced, with customizable RF front-ends, customizable RCB with timing control and synchronization, processing accelerators and support for new communication models such as duplex radios.
The Sora source code is now up on GitHub. Use cases already in place include TV whitespace, large scale MIMO and distributed MIMO systems.
Microsoft has made a number of moves towards open sourcing itself over the past year. Most notably, The .NET Framework at the heart of most Windows programs was offered up to the newly created .NET Foundation.
It was announced yesterday that Google is releasing its Kubernetes code to the Linux Foundation to set up a standardized format for containerization.
Microsoft Drops Ad Business
July 13, 2015 by admin
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Microsoft Corp that it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it scales back on unprofitable operations.
The moves mean Microsoft will focus on its growing search advertising business based on its Bing search engine, and displaying maps on its Windows devices rather than generating the maps themselves.
Microsoft, which employs hundreds of people in its display ad business around the world, said those employees would be offered the chance to transfer to AOL and that it was not making any layoffs.
The world’s largest software company no longer breaks out results for its online operations, chiefly its MSN web portal and Bing, but they have lost more than $10 billion over the past five years. Chief Executive Satya Nadella has said Bing will turn a profit next fiscal year.
“Today’s news is evidence of Microsoft’s increased focus on our strengths: in this case, search and search advertising and building great content and consumer services,” saidMicrosoft in a statement.
Under a 10-year deal struck with AOL, now a unit of Verizon Communications Inc ,AOL will sell display ads on MSN, Outlook.com, Xbox, Skype and in some apps in major countries. As part of the deal, Bing will become the search engine behind web searches onAOL starting next year.
Microsoft also struck a multi-year extension to its existing deal with AppNexus, which provides the tech platform for buyers to purchase online ads.
Microsoft and Uber did not disclose financial terms of their deal, under which Uber will take over the part of Microsoft’s mapping unit that works on imagery acquisition and map data processing. Uber will offer jobs to the 100 or so Microsoft employees working in that area, according to a source familiar with the deal.
IRS Reducing Size Of Cybersecurity Staff
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The Internal Revenue Service, which confirmed rumors of a breach of 100,000 taxpayer accounts, has been consistently reducing the size of its internal cybersecurity staff as it increases its security spending. This may seem paradoxical, but one observer suggested it could signal a shift to outsourcing.
In 2011, the IRS employed 410 people in its cybersecurity organization, but by 2014 the headcount had fallen by 11% to 363 people, according to annual reports about IRS information technology spending by the U.S. Treasury Department Inspector General.
Despite this staff reduction, the IRS has increased spending in its cybersecurity organization. In 2012, the IRS earmarked $129 million for cybersecurity, which rose to $141.5 million last year, an increase of approximately 9.7%.
This increase in spending, coupled with the reduction in headcount, is an indicator of outsourcing, said Alan Paller, director of research at the SANS Institute. Paller sees risks in that strategy.
“Each organization moves at a different pace toward a point at which they have outsourced so much that the insiders do little more than manage contracts, and lose their technical expertise and ability to manage technical contractors effectively,” said Paller.
An IRS spokesman was not able to immediately answer questions about the IRS’s cybersecurity spending.
This breach is drawing congressional scrutiny. On Tuesday, U.S. Senator Orrin Hatch (R-Utah), who heads the Senate Finance Committee, called the breach “unacceptable.”
The IRS’s total IT budget in 2014 was $2.5 billion, an increase from the prior year’s $2.3 billion, with 7,339 employees last year, little change from 7,303 reported in 2013.
The agency’s IT budget has fared better than the agency overall. Congress has been cutting spending at the agency. IRS funding has been reduced by $1.2 billion over the last five years, from $12.1 billion in 2010 to $10.9 billion this year. An IRS official told lawmakers earlier this year that the budget cuts have delayed critical IT investments of more than $200 million, which includes replacing aging IT systems.
Qualcomm Has A Plethora Of Automobile Modems
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Qualcomm had an IoT event in San Francisco yesterday and the company wanted to talk a bit more about IoT, also known as Internet of Things. They started off with a catchy phrase – Internet of Hype to Internet of Everything.
Dave Aberle said that up to a billion dollars in revenue is coming from the non-mobile market. More than 10 pecent of Qualcomm revenue will come from the non-headset market. They call this market Internet of Everything, but we believe that not all of that market should be called IoT.
IoT is not just the wearable market; it is car modems, connected speakers, action cameras, some smart SanDisk storage solutions, home automation kit and more. Aberle mentioned that Qualcomm has 40 car design wins in the market with 15 different OEMs. We saw some names including Audi on the slide, but the list of obviously much longer.
Qualcomm is the leader in connected car and 4G LTE market, while Nvidia is the leader in Infotainment car systems, having some huge customers behind it, including the Volkswagen Group.
Qualcomm wants to expand its presence in IoT, including automotive solutions, and we expect more IoT designs from them in the near future.
Medical Data Becoming Valuable To Hackers
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The personal information stored in health care records fetches increasingly impressive sums on underground markets, making any company that stores such data a very attractive target for attackers.
“Hackers will go after anyone with health care information,” said John Pescatore, director of emerging security trends at the SANS Institute, adding that in recent years hackers have increasingly set their sights on EHRs (electronic health records).
With medical data, “there’s a bunch of ways you can turn that into cash,” he said. For example, Social Security numbers and mailing addresses can be used to apply for credit cards or get around corporate antifraud measures.
This could explain why attackers have recently targeted U.S. health insurance providers. Last Tuesday, Premera Blue Cross disclosed that the personal details of 11 million customers had been exposed in a hack that was discovered in January. Last month, Anthem, another health insurance provider, said that 78.8 million customer and employee records were accessed in an attack.
Both attacks exposed similar data, including names, Social Security numbers, birth dates, telephone numbers, member identification numbers, email addresses and mailing addresses. In the Premera breach, medical claims information was also accessed.
If the attackers try to monetize this information, the payout could prove lucrative.
Credentials that include Social Security numbers can sell for a couple of hundred dollars since the data’s lifetime is much longer compared to pilfered credit card numbers, said Matt Little, vice president of product development at PKWARE, an encryption software company with clients that include health care providers. Credit card numbers, which go for a few dollars, tend to work only for a handful of days after being reported stolen.
Can Android AT Work Entice The Enterprise?
March 9, 2015 by admin
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Google Inc rolled out an initiative to make smartphones running its Android software more appealing to corporations, a move that could help extend the Internet technology giant reach into workplaces.
Google said on its official blog that its Android for Work program will provide improved security and management features for corporations that want to give their employees Android smartphones. Smartphones supported by the new initiative will be able to keep an employee’s work and personal apps separate, and a special Android for Work app will allow businesses to oversee key tools such as email, calendar and contacts.
Google said it is partnering with more than two dozen companies including Blackberry Ltd, Citrix Systems Inc, Box Inc.
Google’s Android software is the world’s most popular mobile operating system, but many corporations, which have significant security and device management requirements, give their employees smartphones made by Blackberry or Apple Inc.