LinkedIn Acquires Startup Refresh

In a move that could produce even more automated suggestions and tips for LinkedIn users, the professional network has purchased California startup Refresh, the maker of an app that gathers news and insights about participants in meetings.

Launched three years ago, Refresh is designed to be a “digital briefing book” that can call up online information related to people that users are scheduled to meet. The information can be anything from blog posts, news articles or Facebook posts to personal notes or favorite sports teams.

The Refresh mobile and desktop app is aimed at helping people relate to one another more quickly, but it can also be used to refresh one’s memory when running into acquaintances unexpectedly.

The details of the deal were not disclosed. Refresh has stopped taking on new users and its app will shut down April 15.

“Refresh has surfaced insights associated with hundreds of millions of meetings, and has been central to countless connections and closed deals,” co-founder Bhavin Shah wrote on the Refresh blog in announcing the deal.

LinkedIn already has an app called Connected that was somewhat of a rival to Refresh. It can log the people users have met and offer updates and information about interests shared with “connections,” which are acquaintances in the LinkedIn lingo. It’s unclear whether Refresh features will be added to Connected or the LinkedIn website itself.

“Our team will focus its efforts on providing LinkedIn members with more insights to help them better do their jobs,” Shah wrote.

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States Subpoena Sprint

Sprint Nextel has been subpoenaed by nine states in connection with antitrust reviews of AT&T’s proposed $39 billion purchase of T-Mobile USA, according to information Sprint posted on the Federal Communications Commission (FCC) website.

In a letter dated June 28 to FCC, Sprint said it had received subpoenas and civil investigation demands from attorneys general in the states of Arizona, Florida, Hawaii, Illinois, Minnesota, New York, Pennsylvania, Texas and Washington, as well as from the Antitrust Division of the U.S. Department of Justice.

Sprint, the No.3 U.S. mobile service, is opposing AT&T’s proposed $39 billion purchase of No.4 U.S. mobile service T-Mobile USA, a Deutsche Telekom AG unit, on the grounds it will give too much competitive power to one company.

Sprint said in its letter that the states have asked the company to provide all the materials it had submitted to FCC regarding AT&T’s deal.

Meanwhile, an AT&T spokesman told Bloomberg that his company had also received subpoenas from the same nine states regarding its proposed T-Mobile transaction.

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Citigroup Hackers Pocketed $2.7 million

Citigroup suffered about $2.7 million in losses after cybercriminals uncovered a way to lift credit card numbers from its website and make fraudulent transactions.

Citi acknowledged the breach earlier this month, saying hackers had gained accessed to more than 360,000 Citi credit card accounts of U.S. customers. The hackers didn’t breach Citi’s main credit card processing system, but were reportedly able to obtain the numbers, along with the customers’ names and contact information, by logging into the Citi Account Online website and guessing account numbers.

Until now, it wasn’t revealed if any fraud had occurred as a result of the theft. But Citi confirmed Friday that there were losses of $2.7 million from about 3,400 accounts.

The bank has said its customers will not be liable for the fraudalent transactions and losses as a result of them.

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Verizon Ending Unlimited Data Plan In July

We are closer to reaching the end of Verizon Wireless’s limited-time offer of unlimited data, says the Wall Street Journal‘s AllThingsD. The website reports that the wireless carrier plans to introduce new tiered pricing plans next month for new smartphone customers — including those buying Apple’s iPhone 4.

If true, the report hardly comes as a surprise. Back in January, when Verizon became the second carrier in the U.S. to offer iPhone service, the company said it would offer subscribers a $30-a-month unlimited data plan for the iPhone’s launch, but highlighted the fact that the offer was for a limited time only.

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Facebook’s Users Info Was Leaked

Facebook users’ personal information could have been accidentally leaked to third parties, in particular advertisers, over the past several years, Symantec Corp said in one of its blog postings.

Third-parties would have had access to personal information such as profiles, photographs and chat, and could have had the ability to post messages, the security software company stated.

“We estimate that as of April 2011, close to 100,000 applications were enabling this leakage,” the blog post said.

” … Over the years, hundreds of thousands of applications may have inadvertently leaked millions of access tokens to third parties,” posing a security threat, the blog post said.

The third-parties may not have realized their ability to access the information, it said.

Facebook, the world’s largest social networking website, was notified of this issue and confirmed the leakage, the blog post said.

It said Facebook has taken steps to resolve the issue.

“Unfortunately, their (Symantec’s) resulting report has a few inaccuracies. Specifically, we have conducted a thorough investigation which revealed no evidence of this issue resulting in a user’s private information being shared with unauthorized third parties,” Facebook spokeswoman Malorie Lucich said in a statement.

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New Exploit Exposed In Microsoft Windows

The exploit deals with the Windows protocol handler in Windows for MHTML.  Be advised the exploit can only be done if the user is running Internet Explorer. Apparently, hackers are using cross-site scripting attacks are intercepting and collecting peoples information, spoofing the content that is displayed to the browser, or interfering with the user’s browsing activities.  Read More….