As Bitcoin’s popularity grows, so does talk about its standing as legal tender, but there are lingering issues that need to be sorted out before people start using Bitcoin to buy everyday things, experts said on Monday.
Asia Pacific tech companies flourish despite economic slowdown
Asia Pacific technology companies are flourishing despite economic slowdown in China, the U.S. and Europe, according to Deloitte’s 12th annual ranking of 500 fastest-growing technology companies in APAC.
Verizon acquires EdgeCast to boost video capabilities
Verizon has signed an agreement to acquire EdgeCast Networks, in an effort to enhance its video delivery and Web services capabilities.
Data-stealing malware pretends to be Microsoft IIS server module
Trustwave’s SpiderLabs researchers have found a piece of malware that collects data entered into Web-based forms, pretending to be a module for Microsoft’s Internet Information Services (IIS) web-hosting software.
Syria & Lebanon channelling Russian bulletproof hosting
A Russian-speaking group is advertising “bulletproof” hosting for cybercriminals from data centres in Syria and Lebanon, an apparent effort to place new services in locales where Western law enforcement has little influence.
Oracle may get second chance to prove Google infringed on Java copyrights
Oracle’s copyright case against Google’s Android OS appeared to gain new life this week after a federal appeals court judge poked holes in Google’s defence.
Middle East, Africa record highest Ethernet sales in Q3
The growing popularity of 10 Gigabit and 40 Gigabit Ethernet in data centres helped the Middle East Ethernet switch market record the highest third quarter increase, according to IDC.
Arbor Networks: point-of-sale malware infections on the rise
New attack campaigns have infected point-of-sale (PoS) systems around the world with sophisticated malware designed to steal payment card and transaction data.
NSS Labs: cybercriminals have access to 100 zero-day flaws on any day
On any given day cybercriminals and nation states are in possession of as many as 100 zero-day software exploits known only to them, NSS Labs has calculated using the commercial vulnerability market as a baseline.
Top tech companies challenge governments to reform surveillance laws
Eight top tech companies in the U.S. have asked governments around the world to reform surveillance laws and practices, and asked the U.S. to take the lead.
Cisco: SDN, internet of things main 2014 concerns
Next year will see demonstrable evidence of the Internet of Things, real-time communications on the Web, and SDN-enabled platforms with killer applications for them, says Cisco.
China bans banks from trading in Bitcoins
The price of bitcoins may be soaring, but China isn’t too thrilled with the virtual currency. On Thursday, it moved to regulate use of bitcoins, stating that its financial institutions could not deal in the virtual currency.
13 suspected cybercriminals arrested in Russia along with Blackhole creator
Thirteen people, including the creator of Blackhole, a popular exploit tool used to infect computers with malware, were arrested and charged in Russia with creating and participating in a criminal organisation.
IBM lays plans to be a cloud storage broker
IBM is developing software that will allow organisations to use multiple cloud storage services interchangeably, reducing dependence on any single cloud vendor and ensuring that data remains available even during service outages.