Sign up for our Technology Newsletter 
Is E-Commerce Next For Facebook?
April 13, 2012 by admin
Filed under Around The Net
Comments Off on Is E-Commerce Next For Facebook?
A group of e-commerce start-ups, backed by some of the tech world’s most respected financiers, are hoping that Facebook Inc will become an e-commerce powerhouse to rival Amazon.com Inc and eBay Inc.
As the world’s largest social network moves toward a $5 billion initial public offering, it will come under more pressure from Wall Street to generate new sources of profit growth and reduce its reliance on advertising, which accounted for 85 percent of its 2011 revenue.
Some entrepreneurs and investors increasingly think “f-commerce” – meaning e-commerce on Facebook – is the answer. Start-ups such as BeachMint, Yardsellr, Oodle and Fab.com are coming up with novel ways to persuade Facebook users to not just connect with friends on the social network, but to shop as well.
Backed by tens of millions of dollars from venture capital firms like Accel Partners and Andreessen Horowitz, and other big investors like Goldman Sachs, these start-ups are pushing out shopping apps, hosting online garage sales and testing out new business models on Facebook.
“E-commerce is a huge category with very strong tailwinds and it’s a natural move for Facebook,” said Sam Schwerin of Millennium Technology Value Partners, which owns Facebook shares and has a stake in BeachMint.
Amazon revolutionized online shopping by crunching lots of customer and purchase data to come up with relevant, personalized recommendations. In the same vein, Facebook’s combination of data, analytics and payment technology could fuel the next generation of e-commerce, Schwerin said.
AMD Aims For The Cloud
Advanced Micro Devices on Tuesday is expected to announce new Opteron 3200 series chips for low-end servers, which the company believes will give it a competitive edge over Intel in the cloud server arena.
The three Opteron 3200 chips are for use in single-socket servers for Web hosting and cloud applications, according to a company presentation. The chips have up to eight processor cores, clock speeds of up to 3GHz, and draw between 45 watts and 65 watts of power.
The new chips are based on the Bulldozer processor architecture, which is also in the Opteron 6200 16-core processors and FX-series gaming chips. The Opteron 3200 launch comes after AMD in late February announced it would pay US$334 million to acquire SeaMicro, which offers dense and power-efficient servers for cloud computing environments.
AMD’s chips will likely compete against Intel’s Xeon E3 series chips, which are used in SeaMicro’s SM10000-XE server. Intel worked with SeaMicro on the server, but analysts have said that AMD will ultimately swap Intel’s chips with its own chips.
AMD is pitching the Opteron 3200 as a “low-cost-per-core” product. The chips are priced between US$99 and $129, while Intel’s E3 chips are priced between $189 and $885. MSI, Tyan, Fujitsu and Dell are expected to launch Web servers and dense systems based on the chips.
AMD’s expanded product line provides an entry point to new markets, said Jim McGregor, chief technology strategist at In-Stat.
But the Opteron 3200 could be a misfit in servers if competing on price versus performance-per-watt, McGregor said. There is a growing interest in deploying low-power servers in data centers to cut energy costs, but the Opteron 3200 chips are comparatively power-hungry for such installations.
Sprint Ending Lightsquared Relationship
March 22, 2012 by admin
Filed under Smartphones
Comments Off on Sprint Ending Lightsquared Relationship
Sprint Nextel will end its planned 15-year 4G network relationship with would-be hybrid network operator LightSquared, the Wall Street Journal reported on Thursday.
The end of the Sprint partnership, which was due to expire on Thursday, would be nearly as big a blow to the foundering LightSquared as the U.S. Federal Communications Commission’s proposal last month to revoke the carrier’s authorization to build a land-based network.
Since the deal was announced last July, Sprint had been planning to host LightSquared’s radio spectrum on its Network Vision infrastructure. LightSquared was to pay Sprint US$9 billion in cash for that hosting and said the plan would save it $13 billion over eight years.
For its part, Sprint had looked to the partnership for extra spectrum on which to run its own planned LTE network. It would get $4.5 billion worth of credits to use some of LightSquared’s spectrum in addition to its own and that of longtime partner Clearwire. Sprint extended the deal twice to give LightSquared more time to win FCC approval for its network.
Sprint will terminate the LightSquared deal on Friday and return $65 million in prepayments by LightSquared, according to the Journal.
Microsoft and Others Enable IPv6
The so-called worldwide launch of IPv6 has been set for 6 June 2012, when companies will permanently enable IPv6 connectivity in their products and services.
Following the relative success of 2011′s IPv6 day, a number of firms including Cisco, Facebook, Google, Microsoft and Yahoo have pledged support for “World IPv6 Launch” day, which has been set as 6 June 2012. On that day the companies have pledged to permanently enable IPv6 connectivity to their associated products and services.
IP address allocation bodies such as ARIN and RIPE have been pushing IPv6 adoption for years but it took last year’s dramatic exhaustion of IPv4 addresses to jolt companies into action. IPv6 day was supported by many of the firms taking part in the IPv6 launch later this year, to drum up awareness and see how much disruption there will be when IPv6 connectivity is enabled.
Daniel Karrenberg, chief scientist at RIPE NCC said, “Operational experience and measurements on World IPv6 Launch will help content providers and ISPs to identify and rectify any potential problems with delivering services over IPv6.”
Google Moves Quickly To Plug Data Leaks
May 24, 2011 by admin
Filed under Smartphones
Comments Off on Google Moves Quickly To Plug Data Leaks
Google confirmed that it’s starting to roll out a server-side patch for a security vulnerability in most Android phones that could allow hackers to access important credentials at public Wi-Fi hotspots.
“Today we’re starting to roll out a fix which addresses a potential security flaw that could, under certain circumstances, allow a third party access to data available in Calendar and Contacts,” said a Google spokesman in an emailed statement. “This fix requires no action from users and will roll out globally over the next few days.”
Google will apparently apply the fix to its servers since it does not need to push out an over-the-air update to Android phones.
Experts applauded Google’s fast reaction.
“It’s impressive how quickly Google fixed this,” said Kevin Mahaffey, chief technology officer and a co-founder of San Francisco-based mobile security firm Lookout. “Google’s security team, especially on Android, is very, very quick to deal with issues.”
Whatever Google is implementing will shut the security hole that three German researchers publicized last week.
According to the University of Ulm researchers, who tested another researcher’s contention last February that Android phones sent authentication data in the clear, hackers could easily spoof a Wi-Fi hotspot — in a public setting such as an airport or coffee shop — then snatch information that users’ phones transmitted during synchronization.
In Android 2.3.3 and earlier, the phone’s Calendar and Contacts apps transmit information via unencrypted HTTP, then retrieve an authentication token from Google. Hackers could eavesdrop on the HTTP traffic at a public hotspot, lift authentication tokens and use them for up to two weeks to access users’ Web-based calendars, their contacts and also the Picasa photo storage and sharing service.
Visa Digital Wallet Coming
May 15, 2011 by admin
Filed under Smartphones
Comments Off on Visa Digital Wallet Coming
Visa Inc, the world’s largest credit and debit card processing network, is designing a digital wallet that people can use to pay for things on the Internet or with their phones instead of with traditional plastic cards.
The network said on Wednesday it is collaborating with several large U.S. and international banks to create the wallet. Its partners include US Bancorp, PNC Financial Services, Regions Financial, BB&T Corp, Toronto Dominion’s TD Bank and the U.S. arm of Barclays PLC.
The “digital wallet” will store the banks’ customers’ credit and debit card account information, both for Visa cards as well as other cards. People can use the wallet to pay for things online or in stores, Visa said.
The network will also have to convince merchants to put a new “one-click” button on their websites, so that potential customers can use their Visa digital wallets to buy things by clicking the button instead of by manually entering all of their account information every time they want to make an online purchase.
Banks, mobile phone operators and networks like Visa are all trying to gain territory in the small, but high-potential market for U.S. mobile payments. Last week Isis, a separate mobile payments venture run by three of the top four U.S. carriers, said it had modified its initial goals and was now open to working with Visa and MasterCard as it introduces its own mobile wallet.
Jim McCarthy, Visa’s head of global products, told Reuters in an interview on Wednesday that mobile payments in the United States “will more easily take off” from people using their smartphones’ browsers to buy things online.