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Archive for June 17th, 2008

Insiders No Longer The Biggest Threat To Computer Networks

June 17th, 2008
For years, we've been told that the biggest threat to various companies' computer networks doesn't come from outside hackers, but from internal (often disgruntled) employees. However, a new study disputes that, saying that less than one in five security breaches were due to insiders. Business partners are nearly twice as likely to be the cause of an attack, and then outside hack attacks are the largest threat. Of course, what isn't explained is whether or not the earlier data was just wrong -- or if something has changed over the last few years (more outside hacking, better controls on employees, etc.). That would probably be a lot more interesting and useful than just knowing the percentages.

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NEC introduces NP905 and NP901W network projectors

June 17th, 2008

With InfoComm just around the bend, NEC is making sure its two newest projectors don't get (too) lost in the shuffle. Up first is the NP905, which offers up 3,000 lumens, an XGA (1,024 x 768) native resolution, 500:1 contrast ratio, built-in speaker and HDMI 1.3 socket. The 2,000 lumen NP901W comes in with a WXGA (1,280 x 800) resolution, 400:1 contrast ratio and most of the same specs as its sibling. Both units include Windows Network Projector functionality within Windows Vista (wired or wireless access), a geometric correction tool and the highly-regarded Silicon Optix HQV processor. Catch 'em this July for $1,999.99 and $1,299.99, respectively.

[Via AboutProjectors]

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Center’d joins the event-listing site fray

June 17th, 2008

If Going.com is for sweaty nightclub parties, Meetup is for business mixers, and Yahoo's Upcoming is for geeky hackathons, a new site called Center'd is for your church picnics.

The event organization site is clearly designed for a crowd looking for a simple online planning experience rather than the Web 2.0 maximum, as well as those looking to collaborate with other community members. It evolved out of a project called Fatdoor, shaped by user feedback that (among other things) changed the potentially offensive name.

As with its Fatdoor predecessor, Center'd aggregates local business ratings and reviews from Yelp and MenuPages and lets members tag venues. There are a few new features that the likes of Upcoming haven't come up with yet, and most of them deal with group-organized events. If you're not sure when or where to hold an event, for example, you can provide a handful of options and let your guests vote. You can also put out a call for volunteers and specify exactly what they'd like you to do.

But Center'd, from what I've seen after playing around with the beta version, doesn't offer nearly enough to make it a truly worthwhile entry into the "event site" niche. That said, it's an easy-to-use site with a clean interface and stands a chance of appealing to the luddite niche.

Indeed, the site doesn't even classify its early phase as a "beta," opting instead for the decidedly lower-tech "first draft."

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All Your Coffee Are Belong To Us

June 17th, 2008
Wolf nipple chips writes "Craig Wright discovered that the Jura F90 Coffee maker, with its honest-to-God Jura Internet Connection Kit, can be taken over by a remote attacker, who can cause the coffee to be weaker or stronger; change the amount of water per cup; or cause the machine to require service (call this one a DDoC). 'Best yet, the software allows a remote attacker to gain access to the Windows XP system it is running on at the level of the user.' An Internet-enabled, remote-controlled coffee-machine and XP backdoor — what more could a hacker ask for?"

Read more of this story at Slashdot.

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Seesmic’s Twhirl finally getting Seesmic support

June 17th, 2008

It's like Twitters that talk.

Seesmic founder and CEO Loic LeMeur is circulating an early release of Twitter client Twhirl with Seesmic support. Seesmic, if you have forgotten, is Twitter in video. Download the new release here.

The test client only plays Seesmic videos at the moment. It doesn't let you record them. Seesmic won't be updating the Twhirl client for everyone until recording is added. That's due in a few weeks. Following that, although it "will take a while," will be a version of Twhirl that lets users show their Twitter, FriendFeed, and Seesmic feeds in one window. That's the version I'm waiting for.

Twhirl was a brilliant acquisition for Seesmic. Not because it makes Seesmic better. Seesmic.com itself is already an attractive and useful site that doesn't really need a desktop client the way Twitter does. Rather, embedding Seesmic support in Twhirl gives the service exposure to all the Twitter users on Thwirl who would likely otherwise never pay attention to it. The real question for me is how any of these services are going to make money, and especially how those revenue plans will be reflected in aggregating clients like Twhirl.

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Citrix sets up second Indian product development center

June 17th, 2008

Citrix Systems is investing US$200 over five years to set up a second research and development (R&D) facility in Bangalore, India.The new facility is expected to have 500 new engineering staff...

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Is LinkedIn Worth $1 Billion? [GigaOM]

June 17th, 2008
LinkedIn Worth $1 billion?
  • I think so
  • It is seriously overvalued
  • I don't care either way.

 The big news tonight is business social network LinkedIn raised $53 million in Series D funding at a valuation of $1 billion. The new round is led by Bain Capital (the same genius investors who also funded Vonage) brings the total money raised by the company to about $80 million. I wasn’t going to write about this, given everyone had already jumped on the story.

Anyway the valuation of $1 billion -not as insane as the valuation placed by Microsoft on Facebook - was jaw dropping. Sure, LinkedIn has more value than plain vanilla me-too social networks but is it really worth a billion dollars? I ended up doing some back-of-the-envelope calculations while watching Boston Celtics celebrate their 17th NBA Championships.

The question of over-valuation had first popped up when I read about this round in May 2008 on Venturebeat . Techcrunch then reported that Allen & Co, the New York bank was helping Reid Hoffman’s company raise fresh capital at the $1 billion valuation.

So I decided to do a back-of-the-envelope comparison with XING with some of the publicly available data on XING, a European Social Network that is publicly traded in Frankfurt. It is a pretty good proxy for a business-focused social network, such as LinkedIn.

It has a market capitalization of about $300 million. It has has 5.71 million subscribers. XING had revenues of around $11.6 million at the end of first quarter 2008; about 70 cents per month per subscriber. That works out to about $52.30 per subscriber. For sake of comparison, Facebook’s reported $15 billion valuation works out to $125 per subscriber.

If you use those numbers, then LinkedIn’s rumored 20 million users are worth $1.04 billion. The company is adding about 1.3 million new subscribers a month, so by those estimates it should end the year at around 29 million subscribers. USA Today reported that LinkedIn was on target to do between $75-to-$100 million in revenues this year. Lets be generous and assume that they indeed do $100 million that works out to about 29 cents per subscriber (assuming that the number of subscribers at the end of the year is about 29 million.)

My back-of-the-envelope calculations show that if your user the value per subscriber of then LinkedIn’s $1 billion got a market valuation. On per-subscriber revenue basis, LinkedIn seems a tad overvalued, especially considering that their traffic is range bound, and the number of active uniques is showing a slight slump.

What do you guys think?

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Video: Garmin’s Nuvifone flicked into action

June 17th, 2008

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It's one thing to describe a UI, it's another to see it in action. Laptop Mag just posted nearly 5 minutes of finger-flicking, auto-rotating, rubber banding video of Garmin's hotly anticipated Nuvifone. There's even a brief glimpse of the touch keyboard in all its landscape, predictive text glory. Sure Garmin only showed the working aspects of the not-ready-for-prime-time prototype. Regardless, it's enough to keep us impressed and awaiting the Q4 release. Video just beyond the read link.
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Garmin NuVi Phone UI Video [Garmin]

June 17th, 2008
Mark Spoonauer's Laptop Mag is running an extensive UI video from their exclusive hands on of the Garmin Nuviphone. [Laptop mag]

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Garmin nuvifone UI Video [Garmin]

June 17th, 2008
Mark Spoonauer's Laptop Mag is running an extensive UI video from their exclusive hands on of the Garmin nuvifone. [Laptop mag]

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Complicated DIY project leads to Twittering Teddy Bear

June 17th, 2008

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Sheesh -- and we though it was something special when Teddy Ruxpin went digital. Today's mesmerizing bear just isn't remarkable unless it talks, and to make it extraordinary, it needs to vocalize your Twitter messages. The mad scientists over at 2pointhome were able to implant a circuit board, USB Bluetooth adapter, 9-volt battery and a host of other goodies into an animatronic Teddy, and after coding in a few things and pairing it up, the animal was yapping in no time flat. Head on past the break to see a video of the operation, but be warned, as it's not for the faint of heart.

[Via DailyWireless]

Continue reading Complicated DIY project leads to Twittering Teddy Bear

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Center’d marries local search to event listings and planning (Chris Morrison/VentureBeat)

June 17th, 2008

Chris Morrison / VentureBeat:
Center'd marries local search to event listings and planning  —  Launching this evening is a new company that thinks it can be all things to all local searchers: Listings like Yelp, events like Going, and planning like Evite, all layered atop a rich, yet feathery-light social network.  —  Mouth watering?

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Blank Media ‘Pirate Tax’ Used To Fund New ‘Pirate’ Album

June 17th, 2008
Many countries have a "blank media levy," which is basically a tax on any kind of blank media on the assumption that some percentage of the blank media bought is used to make unauthorized copies of music. This is pretty ridiculous for a variety of reasons -- most notably the assumption that everyone is breaking the law and needs to pay a tax to a single industry that is unwilling (though not unable) to adjust its business model. However, in Sweden, one musician who started receiving his "royalties" from such a blank media levy was so offended by the concept that he decided the only way to pay the money back was to use the money to fund a new "Pirate Album" using samples and clips from other musicians, put together to make totally new songs -- and then release the whole thing on The Pirate Bay. He's using the album to highlight how ridiculous it is to forbid others from making new derivative creative works built on the works of others. If only more musicians would realize that all creativity is built on the works of those who came before, and pretending that the line stops with you is a mistake.

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Zango lays off 30% of employees in restructuring effort

June 17th, 2008

Last month, Zango was voted one of the best companies to work for in Washington State by CEO Magazine. This month, the Seattle Post-Intelligencer reports that they have laid off 68 employees, an...

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Skype 4.0 Beta: It’s All About Video (Erick Schonfeld/TechCrunch)

June 17th, 2008

Erick Schonfeld / TechCrunch:
Skype 4.0 Beta: It's All About Video  —  Skype is getting a major, much-needed upgrade: Skype 4.0.  President Josh Silverman calls it the “biggest new release in Skype's history.”  The new software client, which which will be released here in beta tomorrow (for Windows only), takes up the whole screen.

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