Archive for the ‘Bad’ Category

Google’s 2Q Profit Disappoints Investors

July 20, 2007

“Google Inc. (GOOG, News) co-founders Sergey Brin and Larry Page have always told Wall Street that positioning the Internet search leader to realize its long-term ambitions is more important to them than meeting the earnings expectations of shortsighted investors. Just in case anyone forgot, the company punctuated the point with its second-quarter results.Propelled by the online advertising boom, Google said Thursday that revenue surged to $3.87 billion, up 58 percent from the same time last year – a gain that was slightly above analyst estimates.

But Google’s profit margins narrowed as management ramped up spending to hire additional employees and buy more content for its Web sites. That left Google with a 28 percent increase in its second-quarter earnings, by far its slowest growth since becoming a public company in August 2004.

Investors expressed their dismay in Thursday’s extended trading, causing Google shares to plunge by $39.06, or 7.1 percent, after ending the regular session at $548.59. If it carries over into Friday’s trading, the harsh reaction threatens to wipe out about $12 billion in shareholder wealth.”

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Web-Based Anonymizer Discontinued

July 19, 2007

With no fanfare, and apparently no outcry from the privacy community, Anonymizer Inc. discontinued its web-based Private Surfing service effective June 20, 2007. No reason was given, either on the Anonymizer web site or on founder Lance Cottrell’s privacy blog. Private Surfing customers are now required to download a anonymizing client that handles all TCP traffic, but the program is Windows-only (with Vista support still a work-in-progress). And of course it’s closed-source, which means it has few advantages over several other alternatives.”

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SunRocket is Toast?

July 17, 2007

“All right people, its all over. SunRocket has hit the dirt. Check our this internal email which went out earlier today to the employees. Now it is hard to ascertain the authenticity of the email, it is clear from recent developments that this was coming. The email was sent out by Sonya Jefferson, Director of Routing and Carrier Services earlier this morning. Jefferson is also looking for a new gig.”

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Best Buy Geek Squad Stealing Your Porn?

July 10, 2007

hashand: I used to work at a computer repair place. All the stuff you’re finding isn’t limited to Best Buy. We had a 2 TB [terabyte] server of mp3s.The problem is that management at these places typically aren’t that tech literate and the techs are underpaid skeezy comp-sci majors. One guy actually resold to amateur porn sites with what he found. A 4-year degree for 9.50 an hour and that’s the kind of “great attitude” you end up with.
benpopken: Precisely the scenario I envisioned, reselling to amateur sites.
hashand: Yah. 11 years at these places. Geek Squad didn’t start it. It’s the industry.

benpopken: Was it a national chain or just local?
hashand: Regional chain. 42 locations. To be fair, this is a relatively “new” problem. Maybe in the last 8 years. But yeah, we had a whole 2TB server + directconnect hub. If there was enough good stuff, we’d rip your drive and replace it with a refurb. Keep the drive and just tell you we wiped it
benpopken: Hot.
hashand: I didn’t do repairs, i worked on the database and that’s how i found out about the server.”

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Gotcha! New MPAA Site Tries to Trick Users Into Illegally Downloading Movies

July 4, 2007

“MediaDefender Inc, the “leading provider of anti-piracy solutions in the emerging Internet-Piracy-Prevention (IPP) industry” has launched a website called “MiiVi” dedicated to busting those who both like to download copyrighted content as well as those who already have.

The site is apparently the latest ploy in the ongoing battle against illegal file-sharing and literally takes the game to new heights. It offers WHOLE DOWNLOADS of movies as well as the ability to download and install a “miraculous” new program that offers “fast and easy downloading all in one great site.” There’s just one problem: the site’s registered to MediaDefender Inc. and it’s army of prying eyes are just nipping at the bud to take down those who are unaware.”

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MPAA Targets YouTVpc And Peekvid

July 3, 2007

“It seems as though the MPAA’s legal team has been eating it’s “Wheaties” this week because it has just announced that it filed lawsuits in the federal court of Los Angeles yesterday against YouTVpc and Peekvid, accusing them of contributing to and profiting from “…massive copyright infringement by identifying, posting, organizing, and indexing links to infringing content found on the Internet that consumers can then view on-demand.”

“The sole purpose of these sites is to disseminate content that has been illegally reproduced and distributed. They are a one-stop shop for copyright infringement. These lawsuits should serve as warning to other aspiring movie theft ‘entrepreneurs’ that they are not above the law and will face serious consequences for their activities. Profiting from the theft of other people’s creative works is illegal and must be stopped,” John Malcolm, Executive Vice President and Director of Worldwide Anti-Piracy Operations for the MPAA.”

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The RIAA Is Now Going After University Of Washington Students

June 26, 2007

Dear Student:

I am writing to inform you of a development that could become a serious issue for some of our students–the law governing downloading and sharing of music and video from the internet. Under copyright law, it is illegal to download or share copyrighted materials such as music or movies without the permission of the copyright owner. The Recording Industry Association of America (RIAA) in recent years has taken an aggressive approach to stopping this illegal downloading and file sharing. This has put many students at the nation’s colleges and universities at some legal risk. I write first to caution you against illegally downloading or sharing files. Your actions when you do so are traceable and could result in a significant financial penalty to you. Second, I want to inform you about a new process the RIAA has initiated and the University’s role in this process.”

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AMD Considering Getting Out Of Fabrication Business

June 20, 2007

“2007 has not been kind to AMD. The company saw its workstation market share slip, has taken on $2 billion of new debt, lost almost $1.2 billion over the past two quarters, has been unable to close the gap with Intel when it comes to CPU performance, and has been the subject of recent rumors that Barcelona will be delayed. AMD has been in cost-cutting mode for the past several months and, according to IDG News Service, is considering getting out of the fabrication business.Currently, AMD operates two fabs: Fab 30 and Fab 36. Fab 30 is in the process of being fitted to handle 300mm production, and when the transition is complete, it will be rechristened Fab 38. It hasn’t come cheaply, either—the chip maker has invested over $2.5 billion to expand its 300mm capabilities. AMD has also been talking up a new 45nm plant in Malta, NY, that would come online in 2009.”

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MPack Trojan Attack Claims 10,000 Web Sites

June 19, 2007

Researchers at Trend Micro are reporting that as many as 10,000 Web sites have been infected with malicious code that redirects unsuspecting users to a server booby-trapped with drive-by exploits—part of a wave of attacks originating in Italy and now spreading through Europe.Dubbed the “Italian Job” by Trend Micro, the attack was first uncovered June 15. Legitimate sites were hacked to include a malicious iFrames tag redirecting visitors to servers armed with a tool called MPack, an exploit tool that can target security holes in multiple products.

According to Trend Micro, once a user visits any of the compromised Web sites, the affected computer is directed to another IP address that contains the malicious JavaScript detected by the company as JS_DLOADER.NTJ.

PointerClick here to read about a keylogging variant of a Russian Trojan that dodges anti-virus detection.

The JavaScript attempts to exploit a buffer overflow vulnerability in unpatched browsers to download TROJ_SMALL.HCK, company officials said.”

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Felony Charge For Digg Story

June 18, 2007

From the Summary:  “I am being charged with a felony for a digg story I submitted last month. It was the #1 dugg video for May 13, and was linked to YouTube telling about a Sony HDV camcorder that was stolen from me. The story showed the phone number of the theft suspect, which is illegal under Michigan law. I’m in trouble and the thief goes free”

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