The Elance denial-of-service attack has been going on for over a day now, though it is now only sporadic. Elance says it has bought in new defences to try cope. Meanwhile oDesk says it got hit by a briefer, separate attack. Read more »
The wording of the proposal, included in a wider package of telecoms legislation, is vague enough to let ISPs favor certain content providers on their “open internet” offerings. Read more »
The deal gives Yandex an office in Israel that will handle much of its geolocation work that doesn’t require constant mobile tracking. Read more »
The online food-ordering service Just Eat is planning to go public on the main London Stock Exchange or its High Growth Segment in April, the company said Monday. According to the Financial Times, the IPO should give Just Eat a valuation of between £700-£900 million ($1.16-$1.5 billion) with a planned haul of £100 million. Just Eat’s main rival is the Berlin-based Delivery Hero, which took in a whopping $88 million in Series E funding back in January. Though Just Eat was founded in Denmark, it is these days part of London’s “Tech City” hub, and its flotation would provide major validation for that scene.
The deal is indicative both of Vodafone’s current wealth and of the European trend toward converging and consolidating fixed-line and mobile services. Read more »
The man identified by Newsweek as being the inventor of the cryptocurrency Bitcoin has issued a categorical denial, claiming the story hurt his job prospects and confused his family. Read more »
Vodafone may buy Ono, a major Spanish cable company, for around $10 billion. According to sources quoted by Reuters and Bloomberg, Ono has postponed a planned IPO announcement to allow further negotiations over the Vodafone bid. Two previous offers have been rebuffed for being too low. The British mobile carrier group is on a fixed-line acquisition spree after Verizon bought out its stake in Verizon Wireless for $130 billion — it bought Kabel Deutschland in Germany last October for $10.4 billion, and it plans to use that buy as a “hub” for further non-mobile expansion.
A local Anonymous branch is DDoSing Russian media outlets, while a similar attack also took out the websites of the Kremlin and the Russian Central Bank. This follows the state blockading of several Putin-unfriendly outlets. Read more »
Berlin-based ResearchGate, in which Bill Gates is a prominent investor, provided a platform for study results that led to highly embarrassing backpedaling from a Japanese research institute. Read more »
A technological spin-off from the Occupy movement, Loomio is crowdfunding a system to help groups of all sizes make decisions. The team is starting small, but it has political transformation in its sights. Read more »
Liberty Global, the largest cable company outside China and a voracious acquirer of European cable firms, is reportedly planning to launch a more mobile assault on the continent. Liberty SVP Manuel Kohnstamm told Bloomberg that John Malone’s company wants to create a “pan-European” mobile network based on mobile virtual network operator (MVNO) deals — in other words, it will resell actual network operators’ connectivity on a country-to-country basis, with the same unified billing system and back-end that supports Liberty’s fixed-line efforts. This “deep MVNO” network will begin in the U.K., the Netherlands, Belgium, Switzerland and Austria. Kohnstamm also said Liberty was still looking out for likely acquisition targets.
The latest documents to come out of the Snowden leak suggest the NSA is gaining access to network routers and people’s computers a lot more than previously thought. Read more »
The European Parliament has passed the EU’s first major overhaul of data protection legislation since 1995, taking into account today’s online landscape. Meanwhile, parliamentarians also approved a resolution calling for the suspension of a key deal affecting U.S. web firms. Read more »
The World Wide Web Foundation has set up a campaign called Web We Want, which it hopes to see draft a Magna Carta for the digital world as a way of pushing back against malign corporate and government intrusions on web freedom. Read more »
The Dario, which will work with both iPhones and Android devices, is launching in New Zealand first, then in Australia, Italy and the U.K. Read more »
Lenovo insists it will give Chinese IBM server factory workers a fair deal when they transition over as part of the $2.3 billion sale of IBM’s x86 server business, but until then it’s not Lenovo’s concern. Read more »
The data appears to show MtGox CEO Mark Karpeles was lying when he said all the exchange’s bitcoins had been stolen, but it also comes with a nasty surprise for those who don’t take care where they click. Read more »
The app, which promises to protect voice communications, is part of a slew of new security products being pitched to privacy-conscious businesses in Europe. Read more »
The equity-based crowdfunding platform is run by lawyers who have come up with contracts allowing speedy investing and, they say, remaining friendly to follow-up venture capital investments. Read more »
The NSA whistleblower has given extensive evidence to an inquiry into the surveillance of European citizens, describing what he calls a “bazaar” of EU intelligence agencies allowing the U.S. to spy on pretty much everyone. Read more »
British academics and the Dutch electronics giant Philips have been working together on a new kind of transistor for many years, and now they say they’ve made enough progress to make the production of flexible electronics more viable. Read more »
The German giant has definitely realized that, when it comes to the threat of services running over its data networks, it’s better to join up with them than try to beat them. Read more »
Newsweek says it has identified the mystery man behind the Bitcoin cryptocurrency — a 64-year-old computer engineer living near LA, not a whizzkid hacker in Japan. Read more »
The move brings Opera in line with the other two big WebRTC-supporting browsers, Chrome and Firefox, which both already support the promising protocol in their Android versions. Read more »
The Stockholm-based outfit wants to provide a more user-friendly alternative to traditional website hosting platforms and platform-as-a-service players like Heroku. Read more »
The company, which boasts 20 million active monthly users, now has a mobile app that lets users transfer up to 10GB in pictures and videos. Read more »
In the two months since Overstock started accepting Bitcoin payment, the e-commerce giant has accepted $1 million worth of sales in the cryptocurrency. What’s more, the firm, which partnered with Coinbase to handle the payments, said late Tuesday it now expects Bitcoin-based sales of between $10 to $15 million this year, which is twice or three times what it originally estimated. It’s still a small proportion of Overstock’s revenue, but it comes as validation for Bitcoin during troubled times, particularly as Overstock and Coinbase noted how low Bitcoin transaction fees improve net profitability for the retailer.
Even if your data plans are as noble and necessary as they come, a failure to earn buy-in will leave you facing significant opposition. Read more »
A Belgian magistrate has mulled blocking Apple’s websites there, according to local reports on Tuesday, as spotted by Tech.eu. This was as a result of the still-ongoing kerfuffle over Apple and warranties – although EU law says consumer goods should automatically come with a two-year warranty, and although Apple acknowledges as much on a webpage, the firm still advertises its gadgets as being covered by a one-year warranty and tries to upsell customers to a two-year AppleCare plan. The reports suggest the magistrate may have realized blocking Apple’s sites would mess with iTunes and other services, so is still considering his next move.
Ask.fm now has 100 million registered users, the Latvia-based social network said on Monday. The service is apparently used in 150 countries and questions posted there – Ask.fm is kind of like Quora, only skewed more towards the teen demographic – now generate a billion answers a month. Bearing in mind that you don’t have to be registered to use it, Ask.fm also said it gets 190 million unique visitors each month. The 4-year-old service has unfortunately been associated with a number of teen suicides (though not always accurately) and the firm also used Monday’s announcement to promote its Safety Centre advice hub, stressing that it has recently improved cyber-bullying reporting mechanisms and boosted its moderator numbers.
DueDil, a rather clever London-based outfit that uses open (and purchased) datasets to provide due diligence services, has raised another $17 million in a Series B round. The cash came from existing investors Notion Capital, Passion Capital and round leader Oak Investment Partners, and it comes on top of the $5m I reported on in April last year. In those 10 months, the “real-time decision intelligence” firm said, it has gained traction among most of the FTSE 100 companies. Customers can currently use the DueDil API to find out information about companies and directors in 22 countries, and the fresh capital injection should help spread that coverage.
The service, previously known as “iOS in the car”, will bring Siricentric infotainment functionality to the dashboards of a wide variety of cars. Read more »
Just how accountable is the U.K.’s GCHQ spy agency, which has tapped the world’s communications infrastructure, hacked activists and snooped on webcam chats? Every time it’s challenged, GCHQ says it submits to “rigorous oversight” from the intelligence services commissioner and Parliament, but on Thursday Parliament’s home affairs select committee had to take the unusual step of ordering that commissioner to show up for questioning about the Snowden leaks. Sir Mark Waller, who is supposed to be a watchdog, refused to respond to the customary polite request for an appearance, and this is the first time during this government’s rule that the committee has had to order someone to show up.
The embattled exchange appears to be done for, leaving around $63.6 million in debts. Meanwhile, regulators around the world are still scratching their heads as to how to handle Bitcoin. Read more »
The latest Snowden revelation shows Yahoo being heavily targeted yet again — and this time it was bulk collection of images from users’ webcams, apparently for facial recognition purposes. Read more »
The deal should make life easier for some of CloudSigma’s customers, while for the freshly-launched, open-source CompatibleOne it represents early validation. Read more »
Good news: there are tools out there that can make you much safer online and give you more control over your data. Bad news: most of them are really hard to use. A new generation of the open-source movement is trying to fix that, and here’s how. Read more »
How does the Bitcoin ecosystem handle a hacking crisis? The Manhattan U.S. attorney wants to know. Meanwhile, everyone wants to know what went down at MtGox, which has reportedly failed to find a buyer for some strange reason. Read more »
Google and Yandex, its main rival in Russia, have formed a partnership around real-time bidding for display advertising. The deal gives Google access to Yandex’s substantial ad inventory for the former Soviet states in which it operates, while Yandex’s ad clients can now bid for ads in the inventory of Google’s DoubleClick AdExchange partners. According to a blog post from the Russian firm, the two companies’ advertising pools in the region “don’t overlap much,” so both ad outfits will see a boost in inventory. Yandex reckons this “gives a new kick to competition,” as real-time bidding works better when there are more bidders and sellers.
The tie-in gives Parallels the ability to offer a fully hypervisor-agnostic package for service providers looking to provide infrastructure-as-a-service, and it gives Flexiant a huge boost to its reach. Read more »