Barnaby Jack, Famous Hacker, Dies

Barnaby Jack, the hacker known for making an ATM literally spit out cash, died Thursday, days before he was set to show how to disable a pacemaker from 30 feet away at Black Hat, the large annual hacker conference. He was 36 years old. Jack was the director of embedded security research at security firm … Continue reading

Publicis, Omnicom Close to Merger Deal

Omnicom Group Inc. and Publicis Groupe SA, the world’s second- and third-biggest advertising companies, respectively, are near a deal to merge, people familiar with the situation said, creating what would be a $30 billion behemoth. If a deal is completed, it would be billed as a merger of equals. The two companies each have a … Continue reading

Activision to Buy Back Most of Vivendi’s Controlling Stake

Activision Blizzard Inc. said it has reached an agreement to buy back nearly $6 billion worth of Vivendi SA’s holding in the company, ending months of negotiations over the fate of the videogame giant. Santa Monica, Calif.-based Activision said Thursday it will buy 429 million shares for about $13.60 per share, reducing Paris-based conglomerate Vivendi … Continue reading

Lenovo Group’s Profit Jumps, Beats Expectations

Chinese personal-computer maker Lenovo once again beat expectations, posting a 36 percent increase in its quarterly net profit, and struck a confident note about its prospects on robust tablet demand and recovering PC sales. Lenovo’s solid results come amid lingering concerns about the PC industry’s future. Despite some signs of recovery, traditional PC makers are … Continue reading

SAP Profit Jumps but License Business Struggles

SAP AG, the world’s biggest business software maker, Monday reported a jump in third-quarter profit, but currency swings caused a slowdown in revenue growth and its core business in software licenses continued to slide as customers migrated to Web-based products. Net profit at the Walldorf, Germany-based company rose to 762 million ($1.04 billion) in the … Continue reading

Some Apple Services Back Up After Temporary Outage

Apple said Thursday that some Internet services for its mobile devices, such as photo sharing, backup and some messaging, were affected by an outage that lasted nearly 11 hours. The Cupertino, Calif., company said less than one percent of customers were unable to access document streaming, backup and photo services after about 9:30 pm PT … Continue reading

Samsung Trains Its Eye on the iPhone

The technology industry will be paying close attention to Samsung Electronics Co. this week when it lifts the curtains on a new high-end smartphone at an event in New York on Thursday. A lot is riding on the new device as Samsung aims to maintain its lead and boost profits in the increasingly crowded smartphone … Continue reading

Microsoft Offers Price Breaks

Microsoft Corp. has recently been offering price breaks on its Windows 8 and Office software to help spur the development of small, touch-enabled laptop computers, people familiar with the situation said. The Microsoft discounts are particularly tailored for portables with small displays that would likely appear this fall, these people said. Read the rest of … Continue reading

Imagining a Post-Bundle TV World

What happens when the “bundle” begins to unravel? The question is taking on intense importance for the cable-TV business, which for decades has forced customers to subscribe to groups, or bundles, of channels — whether they wanted them or not. Read the rest of this post on the original site

Banks Make Smartphone Connection

Americans are growing increasingly comfortable using their mobile phones to conduct basic financial transactions, sending banks racing to offer new technology that will cut down on costly customer-service calls and branch visits. The moves represent a big change from just a few years ago, when customers mostly used their phones to check bank balances or … Continue reading