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Technology News - Page 26


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Facebook valued at USD6.5 billion

14  July  2009
Digital Sky Technologies' purchase of a new round of Facebook common stock at $14.77 appears to halt at least temporarily the slide of the stock price of the popular online social network. The new purchase by the Russian firm, reported this week, values Facebook at $6.5 billion -- higher than Facebook's $5 billion market valuation represented in recent secondary market valuations. In October of 2007, Facebook's valuation was pegged at $15 billion based on Microsoft (NSDQ: MSFT)'s $240 million investment ...
 

Microsoft to launch music streaming service this month

14  July  2009
The service, which Microsoft aims to have ready by the end of July, will offer users the chance to stream music for free and also download to own. Peter Bale, executive producer of MSN, Microsoft’s news and entertainment portal, told The Telegraph exclusively: “Music is an important area for Microsoft. We are looking at launching a music streaming service imminently. It will be a similar principle to Spotify but we are still examining how the business model will work.” Spotify users can stream musi...
 

Google-Microsoft war may bring down PC prices

13  July  2009
Google's bid to compete with Microsoft's Windows operating system may help lower the cost of personal computers at a time when prices are already being pinched by inexpensive netbooks. Analysts expect Google to offer its just-announced Chrome Operating System for a small fee or for free when it is launched in the second half of 2010, a move that could force Microsoft into a price war. Although Windows is the dominant operating system -- installed on 90 per cent of the world's PCs, Microsoft won't take...
 

UK file sharing drops, even among teens - report

13  July  2009
The plethora of legal music options online has prompted Internet users in the UK to cut down on their P2P ways. According to an annual report from media and technology research firm The Leading Question, monthly file sharing has dropped among all users since the last national survey in 2007. The drop is particularly significant among teens, where file-sharing has declined by a third. Still, users continue to share music—just a little more the old-fashioned way. The Leading Question conducted face-to-face...
 

Google Chrome OS already working with PC makers

8  July  2009
Google plans to announce within the next day or so the names of PC makers in Taiwan and China that have already signed on to work with its new Chrome operating system, a spokeswoman said today. The list will be similar in style to that made for Google's Android mobile operating system, on the Open Handset Alliance Web site. The new Chrome OS will compete against Microsoft Windows in netbooks, laptop computers and desktops. Google is developing the Linux-based operating system for heavy Internet use...
 

US websites buckle under sustained DDoS attacks

8  July  2009
Websites belonging to the federal government, regulatory agencies and private companies have been struggling against sustained online attacks that began on the Independence Day holiday, according to multiple published reports. At time of writing, most of the targets appeared to be afloat. Nonetheless, several targets have buckled under the DDoS, or distributed denial of service, attacks, which try to bring down a website by bombarding it with more traffic than it can handle. FTC.gov was experiencing "tec...
 

Microsoft's Bing search wins share from Google

6  July  2009
Microsoft's new Bing search engine gained U.S. market share in its first month in operation but still trails dominant rival Google. Bing, launched on June 3 but available to some users a few days earlier, took 8.23 per cent of U.S. Web searches in June, up from 7.81 per cent for Microsoft search just prior to its rollout and 7.21 per cent in April, said Internet data firm StatCounter. Google lost share slightly, dipping to 78.48 per cent from 78.72 per cent before Bing. Yahoo, the perennial No. 2 in t...
 

Apple fixing iPhone SMS security hole

3  July  2009
Apple expects to have a fix later this month for a vulnerability in the iPhone that could allow an attacker to gain control of the device remotely via SMS, a security researcher said on Thursday. An attacker could exploit a weakness in the way iPhones handle SMS (short message service) messages to do things like use GPS to track the phone's location, turn on the microphone for eavesdropping, or take control of the device and add it to a botnet, Charlie Miller, co-author of The Hacker's Handbook and princ...
 

Toshiba set to launch 1GHz TG01 smartphone

2  July  2009
The Toshiba TG01 smartphone, the company’s first device to sport the 1GHz Snapdragon processor looks like being set for launch in the next week or so. The Toshiba TG01 smartphone launched in Germany earlier this week and it looks likely to follow suit here in the UK over the next few days. Check out our guide to the release of the Toshiba TG01 smartphone…. The Toshiba TG01 smartphone will officially be launched on the 9th July and rather than being simply SIM free, as first suspected, it looks as though ...
 

Facebook unveils new privacy options

2  July  2009
Social networking giant Facebook is planning to once again overhaul its privacy controls. Chief privacy officer Chris Kelly said in a company blog posting that the new privacy options would be designed to simplify management while giving users greater control over what information is shared with others. "The power to share is the cornerstone of Facebook," wrote Kelly. "Privacy and the tools for tailoring what information is shared with whom are at the heart of trust." To increase privacy, the co...
 

iPhone 3G S Overheating Issue Raises Recall Flag

2  July  2009
There’s no debating that the Apple iPhone 3G S is hot stuff. But some users are reporting that the smartphone is so hot that the device is literally burning up. Stories have been circulating across the Internet on various blogs and forums that some users of Apple’s next-generation iPhone have experienced problems with their smartphones overheating. The first known public account of the problem originated in France where one 16GB 3GS user noticed that his phone was hot during use. Later, the owner di...
 

Mac Sales Growing Faster Than PCs

2  July  2009
A financial analyst with Morgan Stanley raised her forecast for Mac sales in the second quarter, saying Apple is increasing shipments of its computers at a higher rate than the PC industry as a whole. The report from analyst Kathryn Huberty said that even before Apple refreshed its MacBook Pros last month, the company increased Mac shipments 25% month-to-month in May, compared to just 1% growth for the total PC market, Fortune magazine reported Wednesday. With new MacBooks hitting the market and marke...
 

Yahoo data center will be powered by Niagara Falls

2  July  2009
Companies like Google and IBM are trying to lead the world in cutting-edge, efficient data centers. Not to be outdone, on Tuesday Yahoo announced they're hoping to change to future of data centers as well. The company unveiled plans to build one of the world's most efficient data centers in Lockport, NY and the details do sound pretty exciting. The data center will be powered mainly by hydroelectric power from Niagara Falls, with 90 percent of that energy going towards powering the servers. The center...
 

The Pirate Bay - Sold.

30  June  2009
News reached the press today in Sweden - The Pirate Bay might get aquired by Global Gaming Factory X AB. A lot of people are worried. We're not and you shouldn't be either! TPB is being sold for a great bit underneath it's value if the money would be the interesting part. It's not. The interesting thing is that the right people with the right attitude and possibilities keep running the site. As all of you know, there's not been much news on the site for the past two-three years. It's the same site es...
 

Building a crash-proof internet

29  June  2009
These days a major failure has the potential to cause far greater disruption than in 2001. Yet much of the internet's physical infrastructure is decades old. It badly needs upgrading, but clearly we can't just tear up sections of the network and rebuild them from scratch. Nor is it likely that governments and telecoms companies will bear the enormous costs of laying extra connections simply to insure against temporary problems. So how can we make the net more resilient? Nick McKeown, a computer scientist...
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