Google Warns of New State-Sponsored Cyberattack Targets
In June, many Google users were surprised to see an unusual greeting at the top of their Gmail inbox, Google home page or Chrome browser. “Warning: We believe state-sponsored attackers may be attempting to compromise your account or computer.”
On Tuesday, tens of thousands more Google users will begin to see that message. The company said that since it started alerting users to malicious — probably state-sponsored — activity on their computers in June, it has picked up thousands more instances of cyberattacks than it anticipated.
http://bits.blogs.nytimes.com/2012/10/02/google-warns-new-state-sponsored-cyberattack-targets/
Homeland Security ‘fusion’ centers spy on citizens, produce ‘shoddy’ work, report says
The ranking Republican on a Senate panel on Wednesday accused the Department of Homeland Security of hiding embarrassing information about its so-called “fusion” intelligence sharing centers, charging that the program has wasted hundreds of millions of dollars while contributing little to the country’s counter terrorism efforts.
In a 107-page report released late Tuesday, the Senate Permanent Subcommittee on Investigations said that Homeland Security has spent up to $1.4 billion funding fusion centers — in effect, regional intelligence sharing centers– that have produced “useless” reports while at the same time collecting information on the innocent activities of American Muslims that may have violated a federal privacy law.
http://openchannel.nbcnews.com/_news/2012/10/02/14187433-homeland-security-fusion-centers-spy-on-citizens-produce-shoddy-work-report-says?lite
Appcelerator Launches “Innovation Fund” To Help Startups Speed Up Mobile App Development
Appcelerator is all about speeding the development of rich, native mobile apps. One way it does this is with Titanium, its next-gen mobile app development platform. But now it’s looking to accelerate app development* by helping other startups focused on features, capabilities, or verticals that it’s not focused on itself. With that in mind, the startup is introducing the Appcelerator Innovation Fund, through which it will invest in and provide support to promising startups who build apps based on its platform.
In addition to money, startups chosen for the Innovation Fund will also receive access to Appcelerator facilities, while also receiving a whole bunch of other services. Like other accelerator programs, Appcelerator will provide legal and financial guidance, as well as help with business development, engineering, and sales channel support.
http://techcrunch.com/2012/10/03/appcelerator-innovation-fund/
Deutsche Telekom and MetroPCS agree on $1.5 billion T-Mobile merger
Apparently the “significant issues” that stood in the way of a prospective T-Mobile and MetroPCS deal couldn’t have been too onerous. Just a day after acknowledging that talks were underway both boards have approved the deal according to the Wall Street Journal. Details of the deal haven’t been officially announced yet, but Financial Times Deutschland are reporting that the two carriers will be combined into a single unit in which Deutsche Telekom will hold 74 percent of shares. MetroPCS will have a 26 percent stake in the company and receive a $1.5 billion check for its troubles. Expectations are that this will put the kibosh on a recent deal T-Mobile struck with Crown Castle to lease its mobile towers for $2.4 billion. The new larger carrier will maintain the T-Mobile branding with new CEO John Legere at the helm, though, it appears the deal is structured as a reverse merger. Meaning that MetroPCS is in essence taking over T-Mobile and not the other way around.
http://www.engadget.com/2012/10/03/deutsche-telekom-and-metropcs-boards-approve-t-mobile-merger/
HotelTonight books its first acquisition, reels in SF tech startup PrimaTable and its ex-Google founders
Having raised over $35 million in funding, last-minute hotel booking app developer HotelTonight certainly has the means to make small, strategic technology and talent acquisitions left and right. And that’s exactly what the company is doing.
Today, HotelTonight is announcing its first acquisition since its inception in 2010, snapping up San Francisco-based PrimaTable.
Co-founded by two former Googlers, PrimaTable develops last-minute perishable inventory-demand forecasting and pricing tools for the restaurant industry.
http://thenextweb.com/insider/2012/10/03/hoteltonight-books-its-first-acquisition-reels-in-tech-startup-primatable-and-its-ex-google-founders/
Google Chairman Eric Schmidt Sold $130 Million in Shares over Last Week
The rise of Google Inc. (NASDAQ: GOOG) has been monumental of late. Analysts have been forcing their price targets higher after Google keeps a huge lead in internet search and as Android keeps gaining market share in the smartphone universe.
http://247wallst.com/2012/10/02/google-chairman-eric-schmidt-sold-130-million-in-shares-over-last-week/
Skype takes on BT and Sky with launch of new free WiFi service in the UK and Ireland
Traditionally offering free WiFi access to travelers in airports and during seasonal holidays around the world, Microsoft-owned VOIP giant Skype is looking to expand its wireless footprint in the UK and Ireland in a partnership with wireless broadband specialist Wicoms.
The initiative — called Free Skype WiFi — sees high street retailers, hotels and businesses partner with Wicoms directly, where they will receive a dedicated router and Skype hotspot service for them to roll out their own network and offer it to their customers.
http://thenextweb.com/uk/2012/10/02/skype-looks-to-take-on-bt-and-sky-with-new-free-wifi-service-in-the-uk-and-ireland/
Ellen Pao Says Kleiner Perkins Has Now Fired Her
Ellen Pao, the Kleiner Perkins partner who sued her own firm for gender discrimination and retaliation in May, has been fired, she said late Tuesday night.
In an update to a previous answer she had left on Q&A site Quora, Pao wrote, “I have been terminated from my job at KPCB. On Monday afternoon, senior management told me to clean out my office, leave, and not come back.”
http://allthingsd.com/20121002/ellen-pao-says-kleiner-perkins-has-now-fired-her/
Zuck’s Moscow night: A turn on a Russian talk show
Facebook CEO Mark Zuckerberg yucks it up in an awkward interview about McDonald’s, meeting the prime minister, and why he doesn’t like suits — at least, that’s what his half of the conversation suggests.
Facebook CEO Mark Zuckerberg is known for his awkwardness during interviews, but his most recent one was bound to be awkward even without Zuckerberg’s usual stiffness.
Appearing on Russian late-night TV show “Evening Urgant,” hosted by Ivan Urgant, Zuckerberg talked about meeting Russian Prime Minister Dmitry Medvedev, and Facebook’s interest in Russian developers.
http://news.cnet.com/8301-1023_3-57524712-93/zucks-moscow-night-a-turn-on-a-russian-talk-show/
Exclusive: Best Buy founder presses on with buyout plan
Best Buy Co Inc founder Richard Schulze and at least four private equity firms have started examining the books of the world’s largest consumer electronics chain, in early steps toward what could become a potential $11 billion buyout, according to people familiar with the matter.
http://www.reuters.com/article/2012/10/03/us-bestbuy-idUSBRE89204U20121003








