Sign up for our Technology Newsletter 
ARM Profits On The Rise
ARM has reported good second quarter financial results, with profit rising by 23 per cent to $102.97 million.
ARM has been riding high in the public consciousness thanks to firms such as Qualcomm, Texas Instruments and Nvidia pushing its chip architecture into smartphones and tablets. The firm announced it managed to take in $209.78 millio in revenue during the second quarter, a 15 per cent increase from the same period last year, while net income rose even faster by 23 per cent to $102.97 million.
ARM said two billion chips using the firm’s various design models were shipped during the quarter, which represented a nine per cent increase from last year. The firm revealed that its core money making operation, processor royalties, rose by 14 per cent.
Warren East, CEO of ARM said, “ARM’s royalty revenues continued to outperform the overall semiconductor industry as our customers gained market share within existing markets and launched products which are taking ARM technology into new markets.
“This quarter we have seen multiple market leaders announce exciting new products including computers and servers from Dell and Microsoft, and embedded applications from Freescale and Toshiba. In addition, ARM and TSMC announced a partnership to optimise next generation ARM processors and physical IP and TSMC’s FinFET process technology.”
Lenovo Launches The IdeaPad
Although it was introduced six months ago at CES, Lenovo’s new IdeaTab has finally showed up at Lenovo’s site with a pretty decent price around $343.20. The IdeaPad comes with a 10.1-inch screen, Qualcomm’s dual-core Snapdragon S4 CPU, Android 4.0 ICS and optional keyboard dock, it certainly sounds like a good deal.
The specification list for the Ideatab S2110 kicks off with a 10.1-inch IPS 1280×800 display, Qualcomm’s 1.5GHz dual-core Snapdragon S4 CPU, 1GB of RAM and Android 4.0 ICS OS. The rest of the specs include back 5MP and front 1.3MP cameras, 802.11bgn WiFi, Bluetooth 4.0, and a battery capable of up to 9-10 hours of WiFi web browsing, according to Lenovo.
Same as the Asus Transformer line of tablets, Lenovo’s Ideatab S2110 also features an optional keyboard dock that gives you an extra ten hours of battery life and adds two USB ports and a card reader.
Cisco Gives Employees The Boot
Network equipment maker Cisco Systems said on Monday that it plans to eliminate about 1,300 jobs as part of ongoing efforts to restructure the company.
“We are performing a focused set of limited restructurings that will collectively impact approximately 2 percent of our global employee population,” the company said in an emailed statement.
These actions are part of a continuous process to simplify the company and assess the economic environment in certain parts of the world, it said.
Cisco had 65,223 employees at the end of its fiscal third quarter, according to its website.
Cisco last year started a plan to cut expenses by $1 billion in an effort to make the company leaner and more efficient.
Mozilla Fixes Major Security Issues
July 26, 2012 by admin
Filed under Around The Net
Comments Off on Mozilla Fixes Major Security Issues
Mozilla has fixed a number of security vulnerabilities in the latest versions of its internet applications, including Firefox 14, Thunderbird 14 and Seamonkey 2.11.
Following the release of its Firefox 14 browser for desktop operating systems on Tuesday, Mozilla said it has removed security holes in the Gecko rendering engine that all the applications run, some of which it rated as “critical”.
The bugs fixed included a code execution problem related to javascript URLs, a JSDependentString::undepend string conversion bug that can be exploited to cause a crash and a same-compartment Security Wrappers bypass issue.
Critical use-after-free problems, an out-of-bounds read bug, and a bad cast in the Gecko engine that could lead to memory corruption have also been addressed, Mozilla said.
These bugs were deemed “critical” due to their vulnerability to being exploited remotely by hackers that could execute arbitrary code on an unsuspecting victim’s system.
Skype Confirms Glitch
July 23, 2012 by admin
Filed under Around The Net
Comments Off on Skype Confirms Glitch
Skype, a division of Microsoft, confirmed on Monday that a bug in its software has led to instant messages being shared with unintended parties.
The company said it will provide an update to fix the problem in “the next few days.”
According to user reports, the unintended recipients have been connected to just one of the two users who exchanging messages. The problem could have harmful consequences. For example, two co-workers using Skype to exchange IMs (instant messages) could, as a result of the problem, share the message with another contact in one user’s address book — potentially a third co-worker being unfavorably described in their IM exchange.
According to Skype, the problem only arises in “rare circumstances.”
The issue first came to light last week in Skype’s user forums. It seems to stem from the update issued by the voice, video and text messaging service in June.
Sprint Will Support Mozilla’s Mobile OS
Comments Off on Sprint Will Support Mozilla’s Mobile OS
A new operating system for mobile phones, similar to the Mozilla Firefox internet browser has got the backing of several major telecom companies, turning up the heat on Google and Apple in the smartphone market.
Mozilla said on Monday that mobile network operators Deutsche Telekom, Sprint, Smart, Telecom Italia, Telenor and Etisalat are backing the Firefox platform.
The non-profit organization which evolved from Netscape after the internet browser wars 14 years ago, said phone makers ZTE and TCL Communication Technology will roll out the first Firefox OS phones using Qualcomm’s Snapdragon processors in early 2013.
Mozilla, which fosters the collective development of open-source Web applications, currently generates most of its income from a contract which makes Google the default search provider for Firefox users.
Broad support from telecom companies and handset makers is crucial for any new smartphone platform to take off in a market increasingly dominated by Google’s Android software, which has a market share of around 60 percent, while Apple’s iPhones run on its proprietary iOS software.
Nokia And Ford Team Up
July 3, 2012 by admin
Filed under Around The Net
Comments Off on Nokia And Ford Team Up
Ford has teamed up with Nokia to equip its cloud-connected vehicles with the Finnish phone maker’s Location Platform.
The Nokia Location Platform consists of a suite of client and server-side programming interfaces that allow developers to build interactive applications with maps and map-related services.
The possible integration of the service into Ford vehicles in the future could help Ford learn driver behaviour and control, improve and personalize vehicle performance.
“Another area of Ford’s research is designed to optimise hybrid powertrain efficiency,” Nokia said in a press release. “The Nokia Location Platform could automatically regulate a car’s powertrain as it travels through established or driver-specified ‘Green Zones’.”
Christof Hellmis, VP of the Map Platform in Nokia’s Location and Commerce business unit said the integration of Nokia’s Location Platform is not scheduled for production and has so far only been seen in the Ford Evos concept car.
Dell Buys Quest Software
Dell is set to buy Quest software for $2.5 billion. The move trumps the bid by Insight Venture Partners and was done on the quiet.
The No. 2 U.S. personal computer maker kept its name out of the limelight when Quest disclosed on Thursday that it had received an offer from a “strategic bidder” of $25.50 per share. Quest’s shares rose more than 9 percent to finish at $26.06 on Thursday.
Dell has been actively buying companies to expand its offerings to business and diversify away from personal computers. It told investors its focus on the hardware and software needs of corporate customers was gaining momentum. Quest could help Dell’s businesses in data management and protection and Windows server management.
Woman Sues LinkedIn
June 25, 2012 by admin
Filed under Around The Net
Comments Off on Woman Sues LinkedIn
An Illinois woman has filed a $5 million lawsuit against LinkedIn Corp, claiming that the social network violated promises to consumers by not having better security in place when more than 6 million customer passwords were stolen.
The lawsuit, which was introduced in federal court in San Jose, California, on June 15 and seeks class-action status, was filed less than two weeks after the stolen passwords turned up on websites frequented by computer hackers.
The attack on Mountain View, California-based LinkedIn, an employment and professional networking site with more than 160 million members, was the latest massive corporate data breach to have attracted the attention of class-action lawyers.
A federal judicial panel last week consolidated nine proposed class-action lawsuits in Nevada federal court against online shoe retailer Zappos, a unit of Amazon.com, over its January disclosure that hackers had siphoned information affecting 24 million customers.
The LinkedIn lawsuit was filed by Katie Szpyrka, a user of the website from Illinois. In court papers, her Chicago-based law firm, Edelson McGuire, said LinkedIn had “deceived customers” by having a security policy “in clear contradiction of accepted industry standards for database security.”
.
USA In Danger Of Cyber Experts Shortage
Comments Off on USA In Danger Of Cyber Experts Shortage
Leading cyber experts warned of a shortage of talented computer security experts in the United States, making it extremely difficult to keep corporate and government networks safe at a time when attacks are on the rise.
Symantec Corp Chief Executive Enrique Salem told the Reuters Media and Technology Summit in New York that his company was working with the U.S. military, other government agencies and universities to help develop new programs to train security professionals.
“We don’t have enough security professionals and that’s a big issue. What I would tell you is it’s going to be a bigger issue from a national security perspective than people realize,” he said on Tuesday.
Jeff Moss, a prominent hacking expert who sits on the U.S. Department of Homeland Security Advisory Council, said that it was difficult to persuade talented people with technical skills to enter the field because it can be a thankless task.
“If you really look at security, it’s like trying to prove a negative. If you do security well, nobody comes and says ‘good job.’ You only get called when things go wrong.”
The warnings come at a time when the security industry is under fire for failing to detect increasingly sophisticated pieces of malicious software designed for financial fraud and espionage and failing to prevent the theft of valuable data.
Moss, who goes by the hacker name “Dark Tangent,” said that he sees no end to the labor shortage.