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SIM card vulnerability leaves millions at risk

2013-07-22 02:00:00| Total Telecom industry news

German researcher claims to have developed hack that could pave the way for fraudulent mobile calls, texts, payments.

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SIM card flaw said to allow hijacking of millions of phones

2013-07-21 19:46:08| CNET News.com

Vulnerability in the security key that protects the card could allow eavesdropping on phone conversations, fraudulent purchases, or impersonation of the handset's owner, a security researcher warns. [Read more]    

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Microsofts Q2 earnings take $900 million hit due to millions of unsold Surface RT tablets

2013-07-19 13:39:02| Extremetech

Microsoft (MSFT) has announced its fourth-quarter (Q2 calendar) and full-year earnings, and the news isn't fantastic. While its enterprise offerings continue to do well (the Server and Tools division grew 9% this year), the company continues to be hampered by the shrinking PC market -- the Windows division, despite the release of Windows 8, saw its profits drop 18% year-over-year. Microsoft's financial report also shows that it took a $900 million charge for "Surface RT inventory adjustments." Dividing that by the recent $150 price cut suggests that Microsoft could be sitting on as many as six million unsold Surface RTs.

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United Kingdom: Millions told to ration water as heatwave sends demand up by 50 percent

2013-07-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: Four of Britain's biggest water companies Severn Trent, Affinity, South East and Yorkshire told customers to cut back and use water "wisely" as temperatures hit a record 32 degrees centigrade. The Met Office issued a "level three heat health watch" for London and the south-east amid predictions that July could be the driest since records began 247 years ago. Affinity, a water company that supplies three-and-a-half million homes across north London and the home counties, issued an alert admitting...

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Finance Officials Say Tax Breaks For Oil, Gas Industry Cost State Millions

2013-07-11 18:52:00| Oil & Gas - Topix.net

Oklahoma finance officials say major tax breaks handed out to the oil and gas industry during the economic downturn in 2010 cost the state $321 million last fiscal year.

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