Facebook Inc. will probably put off its initial public offering until 2012, giving Chief Executive Officer Mark Zuckerberg more time to gain users and boost sales, three people familiar with the matter said. Facebook would benefit from another year of growth absent the added scrutiny that comes with a public…
MUMBAI, India (AP) – It looks like an iPad, only it’s 1/14th the cost: India has unveiled the prototype of a $35 basic touchscreen tablet aimed at students, which it hopes to bring into production by 2011. If the government can find a manufacturer, the Linux operating system-based computer would…
WikiLeaks’ chief claims his organization doesn’t know who sent it some 91,000 secret U.S. military documents, telling journalists that the website is set up to hide the source of its data from those who receive it. Editor-in-chief Julian Assange says the added layer of secrecy helps protect the site’s sources…
Visa Inc., the world’s biggest payments network, fell as much as 5 percent after saying the U.S. Department of Justice may sue the company over a policy that bars merchants from charging extra to customers who pay with credit cards. “The department has indicated that it is considering filing a…
Quick Facts – Judicial Foreclosure Available: Yes – Non-Judicial Foreclosure Available: Yes – Primary Security Instruments: Deed of Trust, Mortgage – Timeline: Typically 120 days – Right of Redemption: Varies – Deficiency Judgments Allowed: Varies In California, lenders may foreclose on deeds of trusts or mortgages in default using either…
In response to a report in the Wall Street Journal, the National Security Agency revealed some information about its plans for “Perfect Citizen,” which it described as a research and engineering effort around vulnerability assessment and capabilities development. The National Security Agency revealed some information about the nature of its…
Thieves are stealing credit-card numbers through skimmers they secretly installed inside pumps at gas stations throughout the Southeast, using Bluetooth wireless to transmit stolen card numbers, according to law enforcement officials. “We’ve sent detectives out to every gas station within a mile of Interstate 75,” says Lt. Steve Maynard, spokesman…
Many Companies Continue to Ignore the Issue (Pittsburgh Post-Gazette, 22 June 2010) – After a year of high-tech breaches at some of the nation’s biggest companies, a provision in a Senate bill calls on the White House to encourage a market for cybersecurity insurance to protect businesses from debilitating costs…
NEW YORK (AP) – Apple Inc. will hold a press conference on Friday to discuss the latest iPhone model amid complaints about its antenna and Consumer Reports magazine’s refusal to endorse it until the problems get fixed. Apple would not provide details on the nature of the event at the…
Organizers claim more than 30,000 people deleted their accounts on the world’s most popular social network service (SNS), a drop in Facebook’s half-billion-person ocean, but an important symbol. What did Facebook do wrong? They’ve been playing fast and loose with privacy. Every time Facebook restructures its privacy controls—say whether your…