Microsoft on Thursday issued a security advisory acknowledging a vulnerability in all versions of Windows that could allow FREAK exploits. Windows systems previously were thought to be immune to FREAK attacks. "The vulnerability could allow an attacker to force the downgrading of the cipher suites u...
Google this week confirmed that it's preparing to launch a mobile payments framework called "Android Pay." Google SVP of Product Sundar Pichai discussed the project at the Mobile World Congress in Barcelona, Spain. Android Pay will be an API layer of Android. Google will incorporate standard feature...
Samsung has purchased mobile payments firm LoopPay to create its own digital wallet. Samsung already was an investor in the startup, along with Visa and Synchrony Financial. LoopPay's contactless magnetic secure transmission technology works with magnetic stripe readers. "The one major advantage L...
Etsy reportedly is working on an initial public offering that could debut this quarter. The crafts and antiques etailer hopes to raise $300 million. If the IPO does indeed materialize, it could give the New York City tech community some much-needed financial oomph. The last tech IPO to originate i...
Apple's unveiling last week of its Apple Pay NFC mobile payments system has triggered a clash between banks and the retail industry. Apple has lined up support from banks and credit card companies, but Best Buy and Walmart have said they will not support Apple Pay, according to reports. Instead, the...
Apple on Tuesday rebuilt its iPhone foundation by introducing two new models with Retina HD displays: the iPhone 6 at 4.5 inches, and the iPhone 6 Plus at 5.5 inches. It launched Apple Pay, which promises to become the catalyst NFC mobile payment technology needs to become mainstream. It introduced ...
Apple this week updated its App Store Review Guidelines with a change that signals a loosening of its restrictive policies against bitcoin and other digital currencies. The change now allows apps to "facilitate transmission of approved virtual currencies provided that they do so in compliance with a...
A fire that erupted at the data center of Samsung SDS in Gwacheon, South Korea, reportedly took out services to Samsung smartphones, tablets and smart TVs for several hours. The company reportedly stopped all services offered through its website and smartphone apps, and said consumers could not use ...
Twitter on Wednesday announced Q4 2013 revenue of $243 million, up 116 percent year over year, and a 30 percent YoY increase in average monthly active users. Wall Street reacted by sending its share prices down 21 percent, and analysts promptly downgraded the company. That could be because Twitter's...
With all the headlines about Internet cybersecurity breaches, there seem to be few headlines about the consequences for cybercriminals. That is because not all cybercriminals are caught, and when they are it often takes months, if not years, before trials. Even when the cybercriminals plead guilty,...
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