Tuesday, May 17, 2011

Apple Initiates Its Cloud-Based Music Service for iTunes Library Great Competition

Image representing Apple as depicted in CrunchBase             Image via CrunchBase
According to a recent report by Reuters, Apple is almost sealing its pursuit for making a cloud-based music service. Just as fresh as a week ago, it was largely reported that Apple has hired a new key person for its business, Kevin Timmons. Who was very much involved with the Microsoft’s cloud computing technology, and has apparently made than one week worthy enough for another rumor from the company.
 Reuters cited the sources of this news to be the “people who asked not to be named as the talks are still confidential.” Which implies that the two parties discussing the deal are not certainly identified yet. Most likely the other party is the record companies, but there is again the chance for the discussion is with just the same record companies which were involved with Google’s discussion for their attempts at a Google Music service. Both the odds are almost equal as it has been confirmed by many industry sources that the discussions of Google and their relevant record companies “have gone backwards.”

Adobe Sends an Immediate Updates to Acrobat and Reader, in Wake of Flash Zero-Day

Image representing Adobe Systems as depicted i...Image via CrunchBase
Yet again Adobe has quickly announced to be releasing software updates in relation to the zero-day vulnerability of Adobe Flash. Adobe has previously also provided the updated version of Adobe Flash, but from now onwards, with the updates of today, it is releasing carrying the upgraded version of Adobe Flash to reproduce the upgraded versions of Acrobat and Reader. Both of the software’s, in one way or the other, comprised and depended on the Flash components. This made them vulnerable to some extent as well, which is now dealt with, in this latest update.
Adobe has announced to release these update software’s earlier than the speculations of the experts, this is being believed as a very abrupt response to the new exploits in the wild. According to the report of the Adobe security advisory; "There are reports that this vulnerability is being actively exploited in the wildagainst both Adobe Flash Player, and Adobe Reader and Acrobat, as well as via a Flash (.swf) file embedded in a Microsoft Word (.doc) or Microsoft Excel (.xls) file delivered as an email attachment targeting the Windows platform."

Chinese Hackers Attempt To Bring Down the Website Which Gets Famous Singing for Its Petition to Release a Nobel Chinese Artist

Ai Weiwei during documenta 12 (2007)                                          Image via Wikipedia
Hackers residing China have done a very cowardly act of attempting to break off a website calling for an online petition, which is currently signed by nearly 100,000 people, urging for Beijing to release the arrested honest artist Ai Weiwei, complaint the website operators on Wednesday. The website organizing this petition, Change.org, which is based an activist network in the U.S., out spoke eventually on Wednesday crying that their website has constantly being attempted now and then to bring it down since Monday. The operators of the website claim that the hindrance is being originated from China, claiming to be so-called denial-of-service attacks.

Both Largely Used Products, Facebook and Android, Increasingly Become Victims to Viral Security Threats


Image representing Facebook as depicted in Cru...        Image via CrunchBaseMany people must be sick of witnessing shady posts on your homepage by your Facebook friends? According to a recent investigation by AVG Technologies, it has been revealed that Facebook users are being exposed to a very large increase in the PUS, potentially unwanted sites, in the past entire year. It was stated in the report of the investigation that “These sites typically lure victims by pretending to offer ‘seedy’ or perhaps morbid video with titles such as ‘OMG, you won’t believe what this teen did on camera’ or ‘OMG, you won’t believe what this teacher did to his student.’”
Hence innocent victims click the link out of curiosity and suspiciousness and end up providing the see the requests and permissions they need to access the information way beyond what’s required to be shared. Furthermore, it isn’t done after stealing all the unnecessary information of the victims; it then assures its spreading by replicating the same link posted through the profile of the victim. Eventually this ends up spreading the virally at maximum speed on Facebook.

Google Former C.E.O, Eric Schmidt, Eventually Agrees To Raise His Paycheck from $1

Image representing Larry Page as depicted in C...Image via CrunchBase

Eric Schmidt, the recently stepped down C.E.O. of Google Inc. has finally felt the need of having a proper million dollar paycheck for his services at Google Inc., despite the paycheck of $1 since all the time he actually ran the company. He himself agreed to limit his annual salary to only $1 almost all the time of his employment as the C.E.O. of the company, which is around 10. But now finally Schmidt has agreed to receive a humble amount of $1.25 million raise in his new designation, which puts him as the executive chairman of the company. This huge raise was suggested and implement from 4th of April, the time when Schmidt officially gave up his post as C.E.O. to the former C.E.O and co-founder, Larry Page.
This modified compensation package will also grant Schmidt an annual bonus of as much as $6 million. While 55-years-old Schmidt, keeps his status among one of the wealthiest people on earth. He has a projected net worth of $7 billion which was generally added up by his stock of the company which be bought in 2001, and not his paycheck since it was only $1. Before Schmit the company was laying even below $90 million in the annual revenue, and last year just before his stepping down as the C.E.O., Google's annual revenue exceeded the unbelievable amount of $29 billion.
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