We just cannot imagine our lives without smartphones, even for a short while, and NSA whistleblower Edward Snowden had not owned a smartphone since 2013
Verizon Want's To Buy Yahoo For $5 Billion
Finally, Someone has come forward to buy Yahoo! Guess Who?
The telecommunication giant Verizon.
Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.
The telecommunication giant Verizon.
Yes, Verizon Communications Inc. is reportedly closing in on a deal to acquire Yahoo’s core business for about $5 Billion, according to a report from Bloomberg.
Since the agreement between the companies has not been finalized, it is unclear at this moment that which Yahoo's assets the deal would include.
"In order to preserve the integrity of the process, we're not going to comment on the issue until we've finalized an agreement," a Yahoo spokeswoman said in a statement provided to CNNMoney.You might be wondering Why Verizon is buying Yahoo! Well, I’ll come to it in the second half of my article, because before discussing this point, let’s first focus on why Yahoo! wants to get acquired.
Why Yahoo Was Up For Sale?
Founded in 1995, Yahoo! was once the brightest star of the Web. But when its rivals including Google, Facebook and even few-years-old companies like Snapchat and WhatsApp have won over users, Yahoo! has not been able to maintain that glory.
Yahoo! CEO Marissa Mayer - formerly a Google executive - has spent billions on acquisitions so far to improve Yahoo's mobile products, expanding its audience by acquiring Tumblr and doubling down on premium media content.
But Mayer struggled to slow the overall ad sales decline of Yahoo! and failed.
Last Monday, the company accepted that its revenue fell 15% in the second quarter, after excluding accounting adjustments, and its operating profit fell 64%.
So, after keeping investors at bay for years, Mayer said Yahoo! would explore strategic alternatives, including selling its core assets.
Verizon has long been considered a suitable buyer for Yahoo’s Internet assets, which the telecom giant wants to combine with AOL - the American global mass media corporation bought by Verizon last year for $4.4 Billion.
Now, the two companies are in one-on-one discussions, and Verizon will reportedly acquire Yahoo! for about $5 Billion.
Here's Why Verizon Wants to Buy Yahoo!
So, why does a mobile telecom provider want to acquire the core editorial business of a failed Internet portal?
The sure short answer is:
Advertising!
With the success in the wireless industry, Verizon has been buying up Internet and ad technology companies, like AOL, to compete in a mobile advertising market dominated by two big players, Google and Facebook.
And for this same reason, it is now buying Yahoo!’s ad and content businesses.
Yahoo! has millions of users, and a collection of websites like Flickr, Tumblr, Yahoo Finance, and Yahoo Sports, including some digital-ad technology like Flurry and BrightRoll.
Since the growth of Verizon’s traditional telecom business has been decreased, companies like Yahoo! and AOL would necessarily help Verizon make money from digital advertising on mobile devices.
The deal would not only give Verizon a powerful collection of content and revenue from ad related to that content but also give the telecom company a considerable amount of user data to provide target advertisements to users by the telecom as well as others.
Hacker Found, Entire Source Code of the vine.
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Hacker Found, Entire Source Code of the vine.
Guess What? Someone just downloaded Twitter’s Vine complete source code. Vine is a short-form video sharing service where people can share 6-second-long looping
The Pirate Bay Founder Ordered to Pay $395,000 Fine in Lawsuit he didn't even know about
One of the founders of notorious file-sharing website The Pirate Bay has been ordered to pay a fine worth nearly US$400,000 to several major record labels after their content was shared illegally via the platform.
The penalty has been imposed on The Pirate Bay co-founder Peter Sunde by a court in Helsinki, Finland.
Interestingly, Sunde, who already left the notorious file sharing site in 2009, said on Twitter that he lost the court case he did not even know about.
The penalty has been imposed on The Pirate Bay co-founder Peter Sunde by a court in Helsinki, Finland.
Interestingly, Sunde, who already left the notorious file sharing site in 2009, said on Twitter that he lost the court case he did not even know about.
The court case was brought by the Finnish divisions of Sony Music, Universal Music, Warner Music and EMI, accusing the Pirate Bay of illegally sharing the music of 60 of their artists through its service.
The artists mentioned in the brief included "Juha Tapio, Teräsniska, Chisu, Deniece Williams, Suvi Vesa-Matti Loiri, Michael Monroe, Anna Abreau, Antti Tuisku, and Children of Bodom," according to the local outlet Digitoday.
However, the recording division did not accuse Sunde of direct infringement; rather it accused Sunde of his involvement in the Pirate Bay that indirectly made him responsible for infringements.
The Helsinki District Court ordered the 37-year-old to pay $395,000 (350,000 Euros) to the record labels.
The artists mentioned in the brief included "Juha Tapio, Teräsniska, Chisu, Deniece Williams, Suvi Vesa-Matti Loiri, Michael Monroe, Anna Abreau, Antti Tuisku, and Children of Bodom," according to the local outlet Digitoday.
However, the recording division did not accuse Sunde of direct infringement; rather it accused Sunde of his involvement in the Pirate Bay that indirectly made him responsible for infringements.
The Helsinki District Court ordered the 37-year-old to pay $395,000 (350,000 Euros) to the record labels.
"The record companies know that I have not had any part of TPB for ages, still suing," Sunde wrote. "Bullying is the new black."Sunde did not appear in the court to defend himself, so the Finnish Court handed down a default judgment.
Sunde is now ordered to pay the full amount and costs of nearly $62,000 (55,000 Euros) to the local branch of the International Federation of the Phonographic Industry (IFPI).
Besides, the judge also threatened a fine of 1 Million Euros if the pirated content continues to be shared through The Pirate Bay website, though it is still not clear that how Sunde is supposed to do anything about the sharing of content on the site since he has no association with the service.
As TorrentFreak notes, Sunde and other co-founders of the Pirate Bay, including Fredrik Neij and Gottfrid Svartholm, also owes large sums of money to other copyright holders as a result of various court judgments over the years.
However, so far, none of those penalties have been "satisfied," and it is likely that this penalty will also go unpaid.
Rusian Own OS For Mobile..
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Rusian Own OS For Mobile..
Last month, it was reported that the European Commission is planning to impose a record antitrust fine of about 3 BILLION euros (US$3.4
SnapChat New Feature: Scanning User Face.. WOW.
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SnapChat New Feature: Scanning User Face.. WOW.
Snapchat has secretly acquired a phone-based 3D capture company called Seene, possibly for a future full of three-dimensional or augmented reality snaps, reports TechCrunch.
Facebook Live attacks Twitch with game streaming.
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Facebook Live attacks Twitch with game streaming.
If people spend a lot of time doing something on the Internet, you can bet Facebook wants a piece. Its latest conquest attempt
Samsung considers bendable displays for 2017.
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Samsung considers bendable displays for 2017.
Samsung is considering launching two new smartphones that will have bendable screens, Bloomberg reports. Citing unnamed sources, it said one will be able
Can Use Free Super Computer, Launched by IBM...
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Can Use Free Super Computer, Launched by IBM...
"What would you do if you get access to a Quantum Computer? IBM Scientists launches the world’s first cloud-based quantum computing technology, calling
Facebook CEO Zuckerberg's Twitter, Pinterest accounts Hacked! And the Password was...
The man who runs the biggest social network and continuously implements
new security measures to boost its billion users security, himself
failed to follow basics of Internet security for his own online
accounts.
Yes, I’m talking about Facebook CEO Mark Zuckerberg, who had his Twitter and Pinterest accounts compromised on Sunday.
The hacker group from Saudi Arabia, dubbed OurMine, claimed responsibility for the hack and guess how the group did it?
Yes, I’m talking about Facebook CEO Mark Zuckerberg, who had his Twitter and Pinterest accounts compromised on Sunday.
The hacker group from Saudi Arabia, dubbed OurMine, claimed responsibility for the hack and guess how the group did it?
Thanks to the LinkedIn data breach!
The hackers tweeted that they found Zuck's account credentials in the recent LinkedIn data breach, from which they took his SHA1-hashed password string and then broke it and tried on several social media accounts.
The group, which has more than 40,000 Twitter followers, then successfully broke into Zuck's Twitter (@finkd) and Pinterest profile and defaced its banners with its logo as well as tweeted out some offensive posts.
Mr. Zuckerberg has not sent a tweet from the account since 2012.
Now, what’s more surprising?
Zuckerberg's LinkedIn password was "dadada", which he also used for his other online accounts, the group tweeted.
So, this might be another alarm for those who haven’t yet changed
passwords for their LinkedIn as well as other online accounts that used
the same credentials.
In tweets now deleted, the group also claimed to have gained accessed to Zuck’s Instagram account, but Facebook confirmed that the group did not access his Instagram account.
More than 167 Million members' email and password combinations were hacked during a 2012 LinkedIn data breach and had just been posted online. The passwords were encrypted with the SHA1 algorithm with "no salt" that made it easier for hackers to crack them.
Like other data breaches, I suggest you change your password immediately, especially if you use the same password for other websites.
In tweets now deleted, the group also claimed to have gained accessed to Zuck’s Instagram account, but Facebook confirmed that the group did not access his Instagram account.
"No Facebook systems or accounts were accessed," a Facebook spokesperson said. "The affected accounts have been re-secured."
More than 167 Million members' email and password combinations were hacked during a 2012 LinkedIn data breach and had just been posted online. The passwords were encrypted with the SHA1 algorithm with "no salt" that made it easier for hackers to crack them.
Like other data breaches, I suggest you change your password immediately, especially if you use the same password for other websites.
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Once again the Red Alarm had been long wailed in the Security Desk of the National Aeronautics and Space Administration ( NASA ). ...