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Antivirus firm Avast to Buy its rival AVG for $1.3 Billion

Antivirus firm Avast to Buy its rival AVG for $1.3 Billion

Jul 07, 2016
Breaking News for Today: Antivirus company Avast Software is planning to acquire Dutch rival AVG Technologies for $1.3 Billion in cash. Avast announced today that it would buy Amsterdam-based AVG Technologies for $25 per share in an all-cash transaction valued at $1.3 Billion in an aim to expand its presence in the emerging markets. With more than 230 Million users worldwide, Avast provides free and paid security software packages for both PCs as well as mobile devices to businesses and individuals. The deal between the two popular security software companies will provide Avast with 400 Million endpoints -- devices that have some form of Avast or AVG application installed. Around 160 Million of those are mobile. However, AVG technologies was in controversies for updating its policy that clearly said that the company will be allowed to collect and sell users' "non-personal data" to online advertisers in order to "make money" from their "free of...
Facebook launches OpenCellular — An open-source Wireless Access Platform

Facebook launches OpenCellular — An open-source Wireless Access Platform

Jul 07, 2016
Big technology companies are in the race of bringing Internet connectivity to unconnected parts of the world through flying drones , high-altitude balloons, and laser beams , but Facebook has announced a far less expensive method to provide connectivity to rural areas. Facebook CEO Mark Zuckerberg announced Wednesday the creation of a new open-source wireless communication platform called OpenCellular that can be easily deployed in remote locations by anyone. OpenCellular is a doorbell-sized hardware device that could be attached to a pole or tree at a range of heights from where it can deliver a wireless network, from 2G cell-phone networks to higher speed LTE, and Wi-Fi networks like those inside your home, or local coffee shop. The device is designed to work in rural locations in conditions, including high winds, extreme temperatures, and harsh climates. But, wait! This doesn't mean that Facebook is rolling out its own broadband services. Facebook to Open-Source ...
Oops! TP-Link forgets to Renew and Loses its Domains Used to Configure Router Settings

Oops! TP-Link forgets to Renew and Loses its Domains Used to Configure Router Settings

Jul 06, 2016
To make the configuration of routers easier, hardware vendors instruct users to browse to a domain name rather than numeric IP addresses. Networking equipment vendor TP-LINK uses either tplinklogin.net or tplinkextender.net for its routers configuration. Although users can also access their router administration panel through local IP address (i.e. 192.168.1.1). The first domain offered by the company is used to configure TP-LINK routers and the second is used for TP-LINK Wi-Fi extenders. Here's the Blunder: TP-Link has reportedly " forgotten " to renew both domains that are used to configure its routers and access administrative panels of its devices. Both domains have now been re-registered using an anonymous registration service by an unknown entity and are being offered for sale online at US$2.5 Million each. This latest TP-Link oversight, which was first spotted by Cybermoon CEO Amitay Dan, could lead its users to potential problems. However, it ...
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Chinese Ad Firm Infected 85 Million Android Users to Get More Clicks

Chinese Ad Firm Infected 85 Million Android Users to Get More Clicks

Jul 05, 2016
An Android-based malware campaign has been found to control as many as 85 million Android devices globally and is making its gang an estimated $300,000 per month in fraudulent ad revenue. A Chinese advertising company called Yingmob is responsible for distributing the malware on a massive scale and would appear to be the same firm behind Yispecter iOS malware , cybersecurity company Check Point revealed. Yingmob, based in Chongqing, China, markets itself as an advertising firm, claiming to provide easy-to-deploy ads support (text, pictures and video ads), without affecting the user experience. The service offers pop-up, sidebar, and in-app ads. However, Check Point researchers claim that the company's "Development Team for Overseas Platform" is responsible for two of the biggest waves of malware: HummingBad for Android and Yispecter for iOS. "Yingmob runs alongside a legitimate Chinese advertising analytics company, sharing its resources and technolog...
Second 'Fappening' Hacker Pleads Guilty; Facing up to 5 years in Prison

Second 'Fappening' Hacker Pleads Guilty; Facing up to 5 years in Prison

Jul 05, 2016
A second man has pleaded guilty for his role in ' The Fappening ' breach of 2014, in which the Internet was flooded with thousands of photographs of popular celebrities, including Jennifer Lawrence , Kim Kardashian , Kate Upton and Kirsten Dunst. Edward Majerczyk (28) of Chicago, Illinois agreed to plead guilty last Friday to hacking into the Apple iCloud and Gmail accounts of more than 300 victims, including 30 celebrities, between November 2013 and August 2014, federal prosecutors said. Like Ryan Collins , Majerczyk used phishing scheme to trick celebrities into entering their account credentials into bogus 'security' sites and then accessed private and photographs and videos of celebrities. The hackers then leaked hundreds of thousands of explicit photos of Hollywood actresses on the Internet in September 2014 that later known as The Fappening (or 'Celebgate') breach. "This defendant not only hacked into email accounts — he hacked into his...
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