80% of mobile banking apps may have security flaws
Neal O’Farrell, executive director of the nonprofit Identity Theft Council, spoke about the seriousness of mobile security as part of San Francisco Small Business Week, Cult Of Mac reported. “There were more data breaches than U.S. residents last year and more cases of identity theft than just about all other crimes combined,” O’Farrell said, adding that unless users are encrypting their devices, they are essentially asking for trouble. “You’ve got to wake up [and] protect yourself, even if you use a Mac,” he said, citing the massive Flashback virus that affected more than 600,000 Mac computers. O’Farrell went on to warn that, “Eight out of ten mobile banking apps have security flaws, but Apple and the banks don’t want you
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Facebook is set to launch its initial public offering.


FBI Investigates 'Revenge Porn' Website Founder
The FBI is investigating the founder of a "revenge porn" website, where scorned lovers were posting nude photos and videos of their ex-partners anonymously.


Web series touts funky concept snowboards
In the summer of 2010, Signal Snowboards created the Web series "Every Third Thursday" to showcase the company's experimentation with funky concept boards. Think Science Channel’s “How It’s Made” — except with a lot more sass and a funkier setting.
Facebook settles lawsuit over "Sponsored Stories"
SAN FRANCISCO (Reuters) - Facebook Inc has agreed to settle a lawsuit that alleged the site's "Sponsored Stories" feature publicized users' "likes" without compensation or the ability to opt out, according to a court document filed on Tuesday. The proposed class action lawsuit, filed in a San Jose, California federal court, could have included nearly one of every three Americans, with billions of dollars in damages, court documents say. The terms of the settlement are not spelled out in court filings. ...
Microsoft says 350 million Windows 7 devices will ship by the end of 2012
Despite the fact that Windows 8 is expected to launch in October, Microsoft still has high hopes for its Windows 7 operating system. The software giant predicts that 350 million Windows 7 devices will ship by the end of 2012, Bloomberg reported. “It makes Windows the most popular single system,” Microsoft CEO Steve Ballmer said at a forum in Seoul, South Korea, although he didn’t provide any figures for comparison. Windows 7 was released in October 2009 and within two years, the operating system surpassed Windows XP to become the world’s most popular OS. Read