Canadian university falls victim to email phishing scam, loses $9.5M to fraudsters

MacEwan University in Edmonton has confirmed that it lost 11.8 million Canadian dollars (US $9.5 million) after falling victim to a phishing attack.

The original article can be found here: http://www.foxnews.com/tech/2017/09/01/canadian-university-falls-victim-to-email-phishing-scam-loses-9-5m-to-fraudsters.html

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China plans asteroid base for interstellar travel and mining

In an effort to mine precious metals worth potentially trillions of dollars and aid interstellar travel, China has plans to build a base on an asteroid, likely to happen “in the near future.”

The original article can be found here: http://www.foxnews.com/tech/2017/05/10/china-plans-asteroid-base-for-interstellar-travel-and-mining.html

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Google’s Jamboard digital whiteboard ships in May, will cost $4,999

jamboard

The Jamboard undercuts Microsoft’s Surface Hub on price by several thousand dollars.

The post Google’s Jamboard digital whiteboard ships in May, will cost $4,999 appeared first on ExtremeTech.

The original article can be found here: https://www.extremetech.com/computing/245715-googles-jamboard-digital-whiteboard-will-cost-4999-ships-may?source=Computing

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IBM claims moving to Mac drastically reduced support calls, operating costs

IBM PC
IBM just declared that using Macs saves them hundreds of dollars over a four-year period. The claim may be true, but we’d like to see the supporting evidence.

The original article can be found here: http://www.extremetech.com/computing/238002-ibm-claims-moving-to-mac-drastically-reduced-support-calls-operating-costs?source=Computing

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Defense Department Drifts Toward Commercial Cloud


The U.S. Department of Defense plans to spend nearly half a billion dollars on a project that is designed to further the incorporation of commercial cloud capabilities into DoD’s information technology operations. Vendors have been asked to submit bids for the project, known as “Mil-Cloud 2.0.” The procurement is one element of a comprehensive strategy for expanding cloud operations that DoD revealed earlier this month. The Defense Information Systems Agency is implementing the strategy.

The original article can be found here: http://www.ecommercetimes.com/story/83842.html?rss=1

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Young people sharing explicit content for cash on premium Snapchat accounts

Australian artist Jesse Willesee has lifted the lid on how young people are making thousands of dollars a month selling explicit photos and videos on Snapchat.

The original article can be found here: http://www.foxnews.com/tech/2016/08/19/young-people-sharing-explicit-content-for-cash-on-premium-snapchat-accounts.html

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Federal IT Living in the Floppy Age, Reports GAO


Antiquated IT systems are soaking up federal technology dollars and creating risks for both bureaucrats and citizens, the GAO reported last week. More than 75 percent of the federal IT budget in 2015 went toward the operation and maintenance of nearly obsolete legacy systems that use outdated software languages and unsupported hardware parts. “Such spending has increased over the past seven fiscal years, which has resulted in a $7.3 billion decline from fiscal years 2010 to 2017 in development, modernization, and enhancement activities.”

The original article can be found here: http://www.ecommercetimes.com/story/83557.html?rss=1

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SoFIA later: Intel kills upcoming smartphone and tablet hardware

Intel's Medfield reference Android smartphone
After years of attempting to push into the market and billions of dollars invested in doing so, Intel is pulling out of tablets and smartphones. The company will align its efforts elsewhere and focus on different products.

The original article can be found here: http://www.extremetech.com/computing/227523-intel-kills-upcoming-smartphone-and-tablet-hardware

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Tip: Make sure a used iPhone wasn't stolen before you buy it on Craigslist or eBay

Article Image Buying a used iOS device online can potentially be a way of saving hundreds of dollars — to be safe, though, it’s wise to try Apple’s relatively unknown Activation Lock Status tool to make sure you’re getting something legal and functional.

The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4c637f81/sc/28/l/0Lappleinsider0N0Carticles0C150C120C210Ctip0Emake0Esure0Ea0Eused0Eiphone0Ewasnt0Estolen0Ebefore0Eyou0Ebuy0Eit0Eon0Ecraigslist0Eor0Eebay/story01.htm

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Feds Award $500M Credit-Monitoring Contract Following OPM Breach


The U.S. government spends millions of dollars on information technology systems designed to prevent cybersecurity attacks, but the attacks still occur. Government agencies are hopeful that the learning curve will improve dramatically, and breaches will be reduced. In the meantime, what happens to people affected by a breach after an attack succeeds? This year, the Office of Personnel Management not only was hit with one of the biggest hack attacks ever, but also was criticized for failing to provide the victims with an adequate response.

The original article can be found here: http://www.ecommercetimes.com/story/82524.html?rss=1

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Survey Shows Many High-Tech Car Features Go Unused

While automakers are spending billions of dollars loading up their vehicles with technologies of all kinds, many owners are not using them and would rather use their smartphones instead, accordin…

The original article can be found here: http://www.foxnews.com/tech/2015/08/25/survey-shows-many-high-tech-car-features-go-unused/

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Strengthening dollar prompts Apple to increase prices in Europe, Canada

Apple raised prices in a number of overseas markets on Tuesday, a move precipitated by the U.S. dollar’s continued rebound and designed to minimize the effect of foreign exchange headwinds.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4675f501/sc/28/l/0Lappleinsider0N0Carticles0C150C0A50C190Cstrengthening0Edollar0Eprompts0Eapple0Eto0Eincrease0Eprices0Ein0Eeurope0Ecanada/story01.htm

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Top tips for finding free software

When you’re already spending several hundred dollars or more on a new computer, you don’t want to be spending the same amount on software. Unfortunately, programs like Microsoft Office and Photoshop can be bank-account breakers.

The original article can be found here: http://www.foxnews.com/tech/2015/05/14/top-tips-for-finding-free-software/

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Feds Put Big Money Into IT Innovations


The U.S. government spends tens of billions of dollars each year just to make sure that computer and data processing systems keep functioning on a day-to-day basis. With so much investment allocated for operations and maintenance of legacy systems, it makes sense that far fewer dollars are available for cutting-edge information technology investment — also known as “development, modernization and enhancement” spending.
In fact, O&M spending has been gaining, while DME investments have been shrinking.

The original article can be found here: http://www.ecommercetimes.com/story/81838.html?rss=1

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Rumor: Samsung tapped to supply DRAM for 'A9' chip in Apple's next iPhone

In a deal said to be worth billions of dollars, Samsung will allegedly provide at least half of the dynamic random access memory used in the processor for Apple’s 2015 iPhone update, according to a new rumor.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/43bd0faa/sc/28/l/0Lappleinsider0N0Carticles0C150C0A20C240Crumor0Esamsung0Etapped0Eto0Esupply0Edram0Efor0Ea90Echip0Ein0Eapples0Enext0Eiphone/story01.htm

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Hacking ring has stolen up to $1 billion from US, European banks, report says

A Russian-speaking cybercrime ring has stolen millions of dollars from banks in the U.S., Russia, and Eastern Europe, a cybersecurity firm has claimed in a report due to be published Monday. 

The original article can be found here: http://www.foxnews.com/tech/2015/02/16/hacking-ring-has-stolen-up-to-1-billion-from-us-european-banks-report-says/

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