newsflash1 - itbusinessdirect

Apple Gains Support From It’s Greatest Rivals

March 2, 2016March 2, 2016 Staff Writer

The last couple of weeks have been interesting in the world of tech, as we are in the throes of what might be the biggest tech battle of the decade. As we had reported last week, Apple was facing pressure from the FBI and the Department of Justice to not only hack into the San Bernadino shooter’s iPhone but to also create a permanent backdoor into all future versions of the iOS. In the beginning, tech enthusiasts declared their support for Apple but now tech giants have gone a mile…

Share this

iPhone Sales Slumping, Is This Why They Are So Expensive?

January 27, 2016February 11, 2016 Staff Writer

The iPhone is arguably the most popular phone in the world. While it has yet to catch on famously in Kenya and Africa, in other areas of the world, it is ubiquitous and in vogue. One of the primary reasons why it is not the most popular phone in Kenya and Africa is the steep cost. While most smartphones range between 10,000 to 20,000Kshs, an iPhone may set you back 50,000Kshs and above. According to an article by CNN, iPhones are just as expensive in other parts of the world.…

Share this

Time Warner Cable loses 320,000 customer passwords via phishing attacks

January 7, 2016February 11, 2016 Staff Writer

If you’re a Time Warner Cable customer, now is a very good time to change your password. The company admitted late yesterday that it believes personal data belonging to as many as 320,000 customers may have been stolen. The news came to light after the FBI alerted Time Warner Cable to the fact that it believed that user data, including email addresses and passwords, “may have been compromised.” Reuters reports that it’s unclear how the data was collected, though “there were no indications that Time Warner Cable’s systems were breached.”…

Share this

Big Tech and Banking Firms Abandon Bitcoin For Their Own Blockchain

December 18, 2015February 11, 2016

The short history of Bitcoin and the blockchain proves that a second glance can definitely change one’s perception. From being a victim of skepticism and criticism since its debut in 2009, Bitcoin has come a long way. And it hasn’t been alone; it has brought with it the ‘blockchain’ – one of the hot topics of debate among prominent banking institutions. Several major companies from across both the technology and financial industries—including IBM, Intel, and Cisco as well as the London Stock Exchange Group and big-name banks JP Morgan, Wells…

Share this

Guarding your online brand against cybersquatters

November 13, 2015February 11, 2016 Staff Writer

If you had a business called Widgets R Us and somebody set up shop right next door with a business called Widgets R U, you’d probably be a bit miffed. Especially if the interloper then demanded money to move elsewhere. cybersquatters: But this sort of thing is happening all the time online. It’s called cybersquatting – buying up website addresses, or domain names, that sound very similar to existing well-known brand names. When Google recently launched its new parent company Alphabet, and the abc.xyz web address, there were more than…

Share this

Microsoft in antitrust suit against InterDigital over mobile technology

August 25, 2015February 15, 2016 Staff Writer

Microsoft has filed an antitrust lawsuit against InterDigital Inc., upping the ante in a legal dispute over mobile technology that threatens to impair Microsoft’s effort to sell its new smartphones. In a lawsuit filed in federal court in Delaware, where InterDigital is located, Microsoft (Nasdaq: MSFT) accuses the patent-licensing company of balking on its promise to fairly license its technology, according to a report from Reuters. The legal dispute with InterDigital is part of the hangover from Microsoft’s purchase of Nokia in 2014. For the full story about Microsoft ,…

Share this

ICANN Hacked! Resets encrypted passwords after user profile database breach

August 6, 2015February 15, 2016 Staff Writer

The overseer of the Internet’s addressing system said Wednesday that someone obtained information related to user accounts for its public website, although no financial information was divulged. ICANN, short for the Internet Corporation for Assigned Names and Numbers, said user names, email addresses, encrypted passwords and other data, such as bios, interests and newsletter subscriptions, were contained in the accounts. Despite the breach, the accounts as well as internal ICANN systems do not appear to have been accessed, the organization said in a post on its website. Although an investigation…

Share this

Twitter Shares Rise After Faked Bloomberg Report

July 15, 2015February 16, 2016 Staff Writer

Takeover rumors about Twitter surface with seeming regularity every couple of months. But one on Tuesday showed a new level of sophistication in an effort to pump up the company’s stock. Shares of Twitter, the social network, briefly spiked after an article that appeared to come from the Bloomberg News website contended that the company had received a takeover offer worth $31 billion. Analysts and Twitter users quickly started poking holes in the online piece and deemed it a fake. (No such report ran on the Bloomberg terminal, where its…

Share this

Women Entrepreneurs Are Key to Accelerating Growth

July 14, 2015May 16, 2016 Staff Writer

Latest Kauffman Policy Digest explores barriers to women entrepreneurs and offers five policy recommendations to address the gender gap (KANSAS CITY, Mo.) July 20, 2015 – While the number of women entering the workforce has significantly increased over several decades, they are still half as likely as men to start a business. According to the most recent Entrepreneurship Policy Digest released today by the Kauffman Foundation, the lack of women entrepreneurs is not just a gender issue, it’s an economic issue. The Policy Digest highlights the skillsets of women that…

Share this