What Apple's Goto Fail Security Bug Means to You

Safari's Goto bug could expose your Web surfing to hackers As The Mac Observer reported earlier, Apple updated iOS 7 to 7.0.6, the reason being “This security update provides a fix for SSL connection verification.” While this sounds like a good thing to those who aren’t security-minded, in that who wouldn’t want their connection to be…

Barclays Lowers AAPL Rating Over Growth Concerns

Analyst: New product categories may not help maintain iPhone sales growth Mr. Reitzes told investors, We believe Apple's story is all about iPhones and 'new categories' seem to be designed to make the iPhone more useful – but don't necessarily re-accelerate growth in the iPhone category to sustainable double-digit levels. Apple has been rumored to…

U.S. Postal Service Plans Steve Jobs Commemorative Stamp in 2015

TMO Mockup of Steve Jobs Stamp Commenting on the leaked list, Susan McGowan, the Postal Service’s executive director for stamp services and corporate licensing, told The Post that subjects for commemorative stamps could be changed at any time. Other subjects for future stamps include Jimi Hendrix, John Lennon, the cast of Peanuts, Charlton Heston, Run…

FCC to Try for Watered Down Net Neutrality Rules

FCC working on new net neutrality rules with less bite The idea behind net neutrality is that service providers must transmit all data equally instead of giving certain content priority or even blocking websites. The rules that had been put into place were challenged in Court by Verizon, and a three Judge panel ruled in…

iPhone 6 Line Starts in Japan. With Cosplay

The first iPhone 6 line forms in Japan, complete with cosplay Yoppy, a blogger in Tokyo, started his long term camp out several days ago, according to The Register, and has been hanging out dressed as an iPhone. As one does. His not quite safe for work Twitter feed says he's excited to be the…

Basis Fitness Company May be Apple Buyout Target

Apple said to be considering Basis purchase Sources talking with TechCrunch said both Apple and Google are in talks with Basis and that the buying price would likely come in under US$100 million. They also said that Microsoft and Samsung are showing interest in Basis Science. Basis is known for the accuracy of its fitness…

Major League Baseball Launches iBeacons at Petco Park and Dodger Stadium

“Our top priority always has been to build technology to support our clubs and fans with an unrivaled experience in these world-class facilities,” Adam Ritter, SVP, Wireless, MLBAM, said in a statement. “The introduction of iBeacon services in our At The Ballpark app will be the latest evolution in this process, giving us another important…

Phil Schiller to Testify in Second Apple, Samsung Patent Trial

Samsung to call Apple VP Phil Schiller to testify at new patent trial Samsung said in a witness list filing on Thursday, Mr. Schiller will be called to testify regarding design, development, promotion, marketing, advertising, consumer demand for, and sales of the iPhone, iPad, iPod, and other Apple products, including the features accused of infringing…

Google Completes $3.2B Nest Purchase

Google completes $3.2 billion Nest Labs purchase News of the finished deal comes via a Securities and Exchange Commission filing showing everything was finalized on February 7. Google said in its filing, We expect that the acquisition will enhance Google's suite of products and services and allow Nest to continue to innovate upon devices in…

Carl Icahn Backs Down on AAPL Buyback Demands

Carl Icahn: Never mind on my AAPL stock buyback plans Mr. Icahn's announcement came after the proxy advisory company Institutional Shareholder Services, or ISS, advised Apple's shareholders to vote against Mr. Icahn's proposal. Apple has been opposed to Mr. Icahn's proposal, too, and company CEO Tim Cook thinks the board is already acting aggressively with…

Snapchat Vulnerable to Denial of Service Attack

Snapchat security can be used in DoS attack Security consultant Jamie Sanchez discovered that by recycling the Snapchat's own security authorization tokens to send thousands of messages over several seconds to a victim's iPhone, leading to a device crash and reset. Since the security tokens don't expire, hackers can reuse them to target individual users…

Analyst: AAPL to Raise Shareholder Dividend

Wells Fargo sees an Apple stock dividend increase coming Mr. Um told investors, Given Apple's propensity to be more long-term shareholder friendly, we believe Apple is more likely to surprise on a dividend increase though expect a similar share repurchase authorization to support similar opportunistic opportunities. However, with $34.4 billion of cash onshore at the…

Satya Nadella in as Microsoft CEO, Bill Gates Steps Down as Chairman

Microsoft's new CEO: Satya Nadella Mr. Nadella joined Microsoft in 1992 and has since been instrumental in the company's servers and tools business, as well as developing the cloud system to support Xbox, Bing, Office and other services. He is taking over for Steve Ballmer who announced his retirement in August 2013. At the time,…

Phone Scam Hits Victims with Surprise Charges

The scheme works by calling phone numbers, letting them ring once, and then disconnecting. The call lasts just long enough to register on your phone's Caller ID, but is short enough you likely won't be able to answer. If someone is curious enough to call back — and that's what the scammers are counting on…

Sightings: Hamilton on Maccast, Martellaro on Tech Night Owl

Meanwhile, TMO's senior editor, John Martellaro, joined Gene Steinberg's Tech Night Owl to chat about Google's decision to sell its Motorola Mobility handset division, at fire sale prices, to Lenovo. You'll also hear him explain why Wall Street doesn't understand Tim Cook's business strategy (or doesn't want to), the future of the Mac, and an…

States want $840M from Apple for Ebook Price Fixing

States asking for $840 million from Apple in ebook price fixing case The damages amount the states are asking for is based on 0.5 percent of the $158.8 billion in cash Apple had at the end of 2013, according to Bloomberg. The states involved in the lawsuit have claimed that Apple's actions caused economic harm…

Facebook Targets Flipboard with New iPhone Paper App

Facebook wants to keep user's eyes with Paper for iPhone Like Flipboard, Paper is a full screen app that lets users swipe to move from story to story as if they're flipping through magazine pages, supports zooming in to photos, lets users subscribe to content from what the company is calling trusted publishers, and supports…