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OCAU News
Tuesday Evening (5 Comments) (link)
 Tuesday, 30-July-2013  18:37:21 (GMT +10) - by Agg

The Government have released their report into IT pricing in Australia, with more info here, here and here. Based on the evidence the committee received over the last year it concluded that in many cases the price difference for IT products cannot be explained by the cost of doing business, particularly as it relates to digital downloads. Discussion here.

A huge financial hacking scheme has been uncovered. From 2005 to 2012, the four Russian nationals and a Ukrainian penetrated the private networks of the Nasdaq stock exchange, Citibank, PNC Bank, Heartland Payment Systems, 7-Eleven, JCPenney, Hannaford Brothers, and others, prosecutors alleged in indictments unsealed Thursday morning. The hacking gang traded text strings that exploited SQL-injection vulnerabilities in the victim companies' websites to obtain login credentials and other sensitive data, then installed malware that gave them persistent backdoor access to the networks.

The Guardian has an interesting piece about how everyone is focusing on Snowden but not the info he uncovered. Without him, we would not know how the National Security Agency (NSA) had been able to access the emails, Facebook accounts and videos of citizens across the world; or how it had secretly acquired the phone records of millions of Americans; or how, through a secret court, it has been able to bend nine US internet companies to its demands for access to their users' data.

Lenovo have reportedly been banned from top secret service in various countries including Australia. Computers manufactured by the world’s biggest personal computer maker, Lenovo, have been banned from the “secret” and ‘‘top secret” *networks of the intelligence and defence services of Australia, the US, Britain, Canada, and New Zealand, because of concerns they are vulnerable to being hacked. Seems a bit far-fetched?

Microsoft's Steve Ballmer has admitted the Surface RT tablet is a flop. The tech giant last week revealed that it had lost more than $900 million on the tablet which has experienced poor sales since it launched in October 2012. "We built more devices than we could sell," Balmer admitted during an internal 'town hall' event last week, The Verge reported. Microsoft recently cut the price of the tablet by 30 per cent globally after admitting during an internal meeting that massive price cuts were necessary for getting the device to sell.



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All original content copyright James Rolfe. All rights reserved. No reproduction allowed without written permission.