At the same time that the Conservatives swept to power in the UK, with the spectre of the Snoopers’ charter looming, the team behind the Tor Cloud project announced that it was discontinued. Tor’s cloud service helped users concerned about their pathway to access an uncensored internet via the Amazon EC2 cloud computing platform. The undertaking reached a dead-end as no one came forward to support and maintain the software
WordPress is by far the most popular content management system (CMS), powering almost a quarter of the whole web. It’s no surprise therefore that it comes under constant scrutiny from hackers and criminals eager to exploit its growing popularity. SaaS (Security-as-a-Service) provider Zscaler reported that a number of WordPress-based websites have been compromised with users trying to login to them being served malicious code as part of the login page.
While hard disk drive vendors have managed to hit the mythical 10TB barrier, SSD manufacturers are not far behind. In fact, a little known Japanese company, Fixstars, has unveiled a 6TB SSD that can fit in some laptops. What makes it so special is that it’s a 2.5-inch model compared to the 3.5-inch drives that are used in traditional computers – that translates into a much higher storage density, in
China’s smartphone market has reached saturation, according to a new study by industry analyst IDC that carries potentially significant implications for the global handset industry led by giants like Apple Inc and Samsung Electronics Co Ltd . During the first quarter of 2015, smartphone shipments in the world’s most populous country shrank for the first time in six years to 98.8 million, down 4.3 percent from a year earlier, IDC
Fears over Toshiba Corp’s second probe into its own accounting in two years wiped close to $2.5 billion off the Japanese industrial giant’s market value on Monday, with analysts saying lingering doubt on the root of the problem will keep investors on edge. Shares in Toshiba tumbled by their daily limit of 17 percent on Monday. Toshiba had warned in April that it may have underreported costs of some infrastructure
By Jane Wardell SYDNEY (Reuters) – The Australian government on Monday announced a world-leading crackdown on alleged tax avoidance by 30 multinational companies in a move that could force the likes of Apple Inc and Microsoft Corp to restructure their businesses to escape huge penalties. “These companies are diverting profits earned in Australia away from Australia to no-tax or low-tax jurisdictions,” Treasurer Joe Hockey told reporters in Canberra. Google Inc,
By Teppei Kasai TOKYO (Reuters) – Japan’s SoftBank Corp unveiled a management reshuffle on Monday, appointing investments head Nikesh Arora as president and naming him as a potential successor to CEO Masayoshi Son, as the telecoms conglomerate steps up its overseas expansion. The move comes as Son and SoftBank are battling to make their 2013 acquisition of U.S. carrier Sprint Corp for more than $20 billion profitable. Announcing Arora’s appointment
By Ritsuko Ando and Ayai Tomisawa TOKYO (Reuters) – Japan’s Sharp Corp said it may reduce its capital and issue preferred shares as part of a planned restructuring, but worries about potential dilution from the new issuance and other possible fund raising sent its shares plunging 26 percent.Battered by competition from cheaper Asia rivals in its core liquid crystal panel display business, loss-making Sharp has been working with its main
Brent and WTI crude oil prices will remain below $100 a barrel until at least 2025, according to a draft report by OPEC, seen by The Wall Street Journal.
The chances of another sharp fall in the price of oil is rapidly receding, according to a notable European commodity analyst.