Red Hat does better than expected

red-hatRed Hat has surprised the cocaine nose jobs of Wall Street by being able to stick to its profit forcast, despite the US dollar shooting through the roof.

Red Hat predicted it would make a profit for the first quarter that matched analysts’ estimates despite warning on a strong dollar hurting its revenue.

Red Hat shares were up five percent in after-market trading after the company’s profit beat the average analyst estimate for the eighth straight quarter.

The company also said a $500 million share buyback program will replace an existing $300 million programme.

Red Hat gets nearly half its revenue from international operations and expected to suffer from the US dollar’s strong gains. HP, Microsoft and IBM had estimated a significant impact from the dollar’s gains.

The company, whose customers include Adobe and Verizon, forecast an adjusted profit of $469 million-$474 million for the first quarter.

Red Hat also forecast a revenue of $1.99-$2.02 billion for the full year. Analysts were expecting  revenues of $2.02 billion.

The company’s billings revenue was $688 million in the fourth quarter. Analysts had expected $646.2 million.

 

Radio Shack customer data sold off

1980-radio-shack-catalogWho needs hackers? It turns out that all that personal data stored in US corporate servers can be sold off to the highest bidder anyway.

Radio Shack, which has been collecting customer data since the 1980s, is about to sell the lot to raise money to pay off some of its debts.

A list of RadioShack assets for sale includes more than 65 million customer names and physical addresses, and 13 million email addresses. The asset sale may include phone numbers and information on shopping habits as well.

Standard General, a hedge fund and RadioShack’s largest shareholder has bought the database but a bankruptcy court still has to approve the deal.

Needless to say some people have a problem with this and some customers have gone to court to block the sale.

As Bloomberg points out, Texas Attorney General Ken Paxton has argued that selling the data would be illegal under state law. Texas doesn’t allow companies to sell personal information in a way that violates their own privacy policies, and signage in RadioShack stores claims that “We pride ourselves on not selling our private mailing list.” Paxton believes that a data sale would affect 117 million people.

AT&T also wants RadioShack’s data destroyed for competitive reasons. AT&T doesn’t think RadioShack is entitled to the personal information it collected from wireless sales, and may be concerned that the data might fall into another carriers’ hands.

But there is precedent for allowing customer data to be auctioned off in bankruptcy proceedings. In 2011, the Federal Trade Commission allowed Borders to auction personal data if the same privacy policy applied, the buyer was in the same line of business, and the data was sold alongside other assets.

Standard General, which plans to keep some RadioShack stores open, may try to argue that it’s putting the data to similar uses.

Big Data man wins Turing award

Michael_Stonebraker_2MIT boffin Michael Stonebraker has won the Turing Award for his work on the field of database management systems (DBMSs).

The Association for Computing Machinery’s (ACM) Turing Award, is the Nobel Prize of computing and comes with a Google-funded $1 million prize.

ACM said that Stonebraker “invented many of the concepts that are used in almost all modern database systems … and founded numerous companies successfully commercialising his pioneering database technology work”.

Stonebraker said he didn’t know what he was researching for more than 30 years until the people in marketing started talking about Big Data and that was when he realised that he’d been studying this thing for the better part of his academic life.

For more than 40 years Stonebraker has helped spur a multibillion-dollar “big data” industry that he himself has participated in, creating and leading nine separate companies, including VoltDB, Tamr, Paradigm4, and Vertica.

Stonebraker most influential systems, Ingres and Postgres, provided the foundational ideas and source code that spawned several contemporary database products, including IBM’s Informix and EMC’s Greenplum.

Ingres was one of the first relational databases, which provide a more organised way to store multiple kinds of entities and is the industry standard for business storage.

Stonebraker released many of his systems into the public domain, long before the idea of open source existed and ensured their widespread adoption and allowing other academics to build on his work.

Apple creates old lamps for new scheme in China

lampFruity cargo cult Apple thinks that the best way for punters behind the bamboo curtain to keep buying its expensive products is if they can trade them in like a car.

Jobs’ Mob plans to introduce a trade-in program for iPhones in China in association with Foxconn.

Under the deal, people will be able to exchange older iPhones at Apple stores in China for credit against the company’s products starting March 31.

Chinese demand for larger-screen iPhones helped fuel Apple’s record profit of $18 billion in the final quarter last year.

Apple Chief Executive Tim Cook has said China is poised to overtake the United States as the company’s biggest market, and he is working to about double the number of stores in Greater China by the middle of next year.

The only problem is that most of Apple’s potential customers will have to sell a kidney, or body part to get enough cash to buy a phone.

Under the China programme, Foxconn will buy the iPhones directly, without Apple taking ownership, and repair the devices if needed before selling them on its e-commerce websites such as FLNet and on Alibaba’s online store.

Foxconn, a key Apple supplier, is also in talks to sell the older iPhones in physical stores and may take the trade-in program online in future.

Apple has a similar scheme in the US, where the company has started accepting non-Apple devices, Bloomberg reported.

Major US wireless carriers including Verizon Communications and Sprint last year offered subscribers schemes under which they could trade in their old iPhones for new ones.

Diablo Technologies Protects Patent ‘917

Screen Shot 2015-03-26 at 10.01.42Diablo Technologies released an announcement yesterday evening claiming a “decisive victory” in a lawsuit brought against the company by Netlist, Inc. (NLST). According to the release a “federal jury in the United States District Court for the Northern District of California ruled in favor of Diablo, with the jury Unanimously concluding that there was no breach of contract and that there was no misuse of trade secrets. Further the jury confirmed Diablo’s sole ownership and inventorship of the ‘917 patent.”

Diablo’s press release further stated:“We are extremely pleased with the jury’s verdict today,” said Riccardo Badalone, CEO and Co-Founder of Diablo Technologies. “We look forward to getting back to serving our customers and delivering on our exciting Memory Channel Storage roadmap.”

The decision further validates Diablo’s position as a thought leader and technology innovator. Diablo Technologies’ Memory Channel Storage™ architecture delivers high-performance flash storage for workloads including database, virtualization and data analytics.

Trial transcripts have not yet been posted on the US District Court, Northern District of California’s website at the time of this writing…,

 

ZTE profits soar by 94 percent

zte-open-firefox-osChinese telecomms provider ZTE said higher sales of 4G network kit and smartphones meant that for its financial year it turned in a 94 percent net profit increased.

The Shenzhen based corporation said the net profit rose to $423.5 million in its 2014 financial year.

It claims it is the fastest growing providers of 4G across the world, with strong wins internationally and consolidation of its number one position in mainland China.

It claims its lead in 4G technology is allowing it to take the lead in research on 5G technology and it has already introduced pre G5 base stations for trial.

In addition to telecomms, ZTE made inroads into the cloud computing for the financial services market, and also showed growth in data centre products

Revenues from business outside China accounted for 50.2 percent of ZTE’s results.

The company said that it showed growth for both 4G smartphones and 3G handsets worldwide, and improved its branding, its channel distribution and its services.

 

UK MPs to get free iPads

new-ipadMembers of Parliament are to be given iPad Air 2s worth around £500 apiece after the general election in May.

The Times reports that parliament’s administrative body, the House of Commons Commission, thinks that the 650 members having an Apple device “will save money”.

The total bill of £1 million will be paid for by taxpayers.

MPs without ministerial jobs get paid £67,000 a year.

In addition to the iPads, MPs will also get spanking new laptops although it’s not clear which lucky vendor will get the order.

The iPad Air 2s come with 16GB of memory, wi-fi and Cellular iPad Air 2.

But an opposition cabinet officer, Chi Onwurah, said MPs should not use Apple iOS. Most of his constituents can’t afford the luxury of an Apple iPad, he said.

 

Robots drive the AI market

Screen Shot 2015-03-25 at 11.52.02Softbank sold 300 Pepper robots in February and that’s going to drive the artificial intelligence and app market to develop faster than most people think.

According to market research company Trendforce, while the Pepper robot (pictured) is primarily available now to the commercial market, later this year Softbank and French startup Aldebaran will sell it to the general public, fuelled by third party apps people are currently creating.

Pepper is a versatile robot and it’s claimed it can recognise peoples’ emotions, something that some people have trouble doing. The machine costs Y198,000 but coupled to that is a cloud service that costs Y24,600 per month. The inventors, Aldebaran, describe Pepper as the first social robot.

Application developers can be programmed with extra emotions and as it does so, it will react faster to its owner’s desires.

Trendforce is really bullish about this because it imagines that the arrival of Pepper the robot to the marketplace will create a market comparable to computers, to the internet and to smartphones.

The market size for service robots has already exceeded five million units and will grow by 20 percent this year, the analysts think.

 

BT makes a play for mobile phone market

btlogoTelco giant BT is to enter the mainstream smartphone market again this year and will offer 4G services at an aggressive £5 SIM only rate.

But the move is likely to prompt investigation by UK regulators as the number of providers has now sunk to just three companies.

BT is attempting to buy EE but also has spectrum it can use itself. It isn’t yet ready to offer handsets itself, just SIM cards.

BT formerly owned O2, but sold it to Spanish telco Telefonica in 2005.

The company is likely to offer its sports service to people who sign up to its tariff, and that may be attractive to some people.

Paolo Pescatore, a director at CSS isnight, described BT Mobile’s launch as “more aggressive than many anticipated. He said: “BT has made the right decision to offer a range of of simple and transparent packages as part of its return to the consumer mobile market. The £5 SIM only deal for existing BT broadband households is probably the best value 4G SIM only deal in the market.”

He said BT is able to bring something different to the party by offering BT Sport and BT Wi-Fi.

Samsung to regain smartphone lead

samsung-hqA research company believes that Samsung will be the number one smartphone vendor in 2015, taking the lead over Apple.

Digitimes Research (DR) said the top 10 vendors this year will be Samsung, Apple, Lenovo, LG Electronics, Huawei, Xiaomi, Microsoft, TC, Coolpad and Oppo.

HTC, which only a few years ago was top of the smartphone pops, doesn’t appear to get a lookin at all. Last week, Cher Wang, chairman of HTC, took on the CEO duties too, displacing former CEO Peter Chou to head up a new products division at the Taiwanese firm.

DR estimates that Samsung will ship over 330 million units and Apple will manage to ship 230 million.

But Lenovo appears to be edging upwards in the smartphone league. This year it will ship 64 million units, while LG will ship 67 million units, just ahead of Huawei.

DR estimates that Android phones supplied by the top 10 Android smartphone vendors willl represent over 70 percent of the total units shipped this year.

 

Computers will be our overlords claims Woz

metropolisThe real brains behind the foundation of Apple, Steve Wozniak, said he has come to terms with the fact that computers will one day become the masters of humanity.

Speaking to The Australian Financial Review the new Australian permanent resident said he has started to feel a contradictory sense of foreboding about the increasing sophistication of artificial intelligence, while still supporting the idea of continuing to push the boundaries of what technology can do

“Computers are going to take over from humans, no question,” Woz said.

He long dismissed the ideas of writers like Raymond Kurzweil, who have warned that rapid increases in technology will mean machine intelligence will outstrip human understanding or capability within the next 30 years. But he has started to realise that those predictions might be right and that computing that perfectly mimicked or attained human consciousness would become a dangerous reality.

“Like people including Stephen Hawking and Elon Musk have predicted, I agree that the future is scary and very bad for people. If we build these devices to take care of everything for us, eventually they’ll think faster than us and they’ll get rid of the slow humans to run companies more efficiently,” Woz said.

It is not clear if humans will be the gods, the pets or the ants that get stepped on.
“When I got that thinking in my head about if I’m going to be treated in the future as a pet to these smart machines … well I’m going to treat my own pet dog really nice,” Woz said.

Wozniak said the negative outcome could be stopped from occurring by the likely end of Moore’s Law, the pattern whereby computer processing speeds double every two years.

The ever increasing speeds have happened due to the shrinking size of transistors, which mean more can be included in a circuit. But it has been suggested that Moore’s Law cannot continue past 2020 because, by then, the size of a silicon transistor will have shrunk to a single atom.

So unless scientists can start controlling things at sub-atomic level, by developing so-called quantum computers, humanity will be protected from perpetual increases in computing power.

“For all the time they’ve been working on quantum computing they really have nothing to show that’s really usable for the things we need … researchers can make predictions, but they haven’t been able to get past three qubits yet,” Woz said. .

Woz hopes they manage it  because it is about scientific exploring… but in the end we just may have created the species that is above us.

 

Disconnected computers can be hacked

wargames-hackerFor years the most basic method of super security for a computer was to unplug it from the network or internet.

However a team of security experts from Ben-Gurion University of the Negev (BGU) have discovered a new method to breach air-gapped computer systems.

Dubbed “BitWhisper” the hack enables two-way communications between adjacent, unconnected PC computers using heat.

According to a paper penned by Mordechai Guri, computers and networks are air-gapped when they need to be kept highly secure and isolated from unsecured networks, such as the public Internet or an unsecured local area network. Typically, air-gapped computers are used in financial transactions, mission critical tasks or military applications.

According to the researchers, “The scenario is prevalent in many organisations where there are two computers on a single desk, one connected to the internal network and the other one connected to the Internet. BitWhisper can be used to steal small chunks of data (e.g. passwords) and for command and control.”

BGU’s BitWhisper bridges the air-gap between the two computers, approximately 15 inches (40 cm) apart that are infected with malware by using their heat emissions and built-in thermal sensors to communicate. It establishes a covert, bi-directional channel by emitting heat from one PC to the other in a controlled manner.

By regulating the heat patterns, binary data is turned into thermal signals. In turn, the adjacent PC uses its built-in thermal sensors to measure the environmental changes. These changes are then sampled, processed, and converted into data.

“These properties enable the attacker to hack information from inside an air-gapped network, as well as transmit commands to it… Only eight signals per hour are sufficient to steal sensitive information such as passwords or secret keys. No additional hardware or software is required. Furthermore, the attacker can use BitWhisper to directly control malware actions inside the network and receive feedback.”

 

Egyptians cloned Google security certificate

amumSearch engine Google is furious that an Egyptian networking company  managed to clone its security certificate.

According to Google’s bog, the search engine became aware of unauthorised digital certificates for several Google domains. The certificates were issued by an intermediate certificate authority apparently held by a company called MCS Holdings. MCS is a Value Added Distribution focusing on Networking and Automation businesses based near Cairo.

This intermediate certificate was issued by CNNIC.

CNNIC is included in all major root stores and it means that the misused certificates would be trusted by almost all browsers and operating systems. Chrome on Windows, OS X, and Linux, ChromeOS, and Firefox 33 and greater would have rejected these certificates because of public-key pinning, although misused certificates for other sites likely exist.

Google got on the blower to the CNNIC and other major browsers about the incident, and blocked the MCS Holdings certificate in Chrome with a CRLSet push.

CNNIC said that it had contracted with MCS Holdings on the basis that MCS would only issue certificates for domains that they had registered. But MCS installed it in a man-in-the-middle proxy which meant they could intercept secure connections by masquerading as the intended destination.

This was so that effectively it could use the certificate for customers who wanted to monitor their staff use of the world wide wibble.

“However CNNIC delegated its substantial authority to an organization that was not fit to hold it,” growled Google.

Chrome users do not need to take any action to be protected by the CRLSet updates. We have no indication of abuse and we are not suggesting that people change passwords or take other action. At this time we are considering what further actions are appropriate

Skylake desktop launch set for August

IMG0045566The dark satanic rumour mill has manufactured a hell on earth yarn claiming that that the silicon monster Intel is about to drop a clutch of Skylake desktop chips in August.

The rumour is based on the idea that every year Intel holds its Developers Forum in Mid-September but for reasons known only to the Gods has decided to change the date to Mid-August.

Fudzilla is certain that Intel plans to launch the desktop Skylake-S between August and October, while the production of dual-core and quad-core Skylake parts will start between June and July.

Skylake-S will launch as an unlocked desktop processor that will have TDPs from 65W to 95 W, but there will also be some 35W parts for All-in-One computers coming time (presumably in time fo Apple’s new iMacs).

For Fudz’ prediction to work, Broadwell 65W parts will have to be here in June and be announced at Computex. This will mean that the top Core i7 5775R SKU has a base clock of 3.3GHz, with a max turbo frequency of 3.8GHz, 6MB of cache, DDR3L 1600 MHz support and Iris PRO 6200 graphics.

Intel’s current Core i7 4790K is based on Haswell refresh core and it works at 4GHz and am 8MB cache, as well as Intel HD Graphics 4600. The Core i7 4790K has a TDP of 88W which is significantly more than 65W.

For Intel to make much impact with Skylight it will have to launch a Core i7 5770K variant that will works faster than the Core i7 4790K.

It also seems that Intel will go back on its word and bring in a new socket set based around 1364 pins. Intel was fond of saying that that Skylake will use the same LGA 1150 socket and this has lead some to suspect that there will be a socket 1150 version and an LGA 1364 version of the Skylake-S.

Software causes F-35 fighter headache

DF-SC-82-10542Trying to jack the latest networking tech under the bonnet of Lockheed Martin’s new F35 jet is causing the project some major headaches.

At the heart of the problem is the 2B software which sits at the heart of the $391 billion programme.
Lieutenant General Chris Bodgan said software testing in December revealed problems with the ability of the jets to fuse data about threats on the ground when four F-35s were flying at once. Rhis has lead to project delays.

The issue was being corrected and tested, he said, but the final version of the software would not be ready until early autumn instead of June.

As a result, Lockheed would likely forfeit some of the $300 million in incentive fees linked to completion of three separate software packages – 2B, 3I and 3F – for the jet, he said.

Bogdan said the current version of the software was safe for pilots to fly and the program office could have fixed the problem as part of the 3I software effort, but was pressing ahead now to avoid future delays.

For instance, the fusion problem did not occur when two jets shared data, which meant the Marines could fly two sets of two jets, instead of combining them into a four-jet set, he said.

The software was closely monitoring work on a computer-based logistics system, bulkhead issues with the B-model, and efforts to make the planes more reliable.

Despite all this, the Marines are happy with the programme which in other respects was doing well.