Tuesday, May 2, 2017

A hacker, or group of hackers, operating under the alias of The Dark Overlord uploaded ten episodes of Netflix’s web TV series Orange is the New Black on Friday and Saturday on The Pirate Bay after they said the online streaming service failed to meet their demands. Netflix had planned to release the season on June 9.

According to The New York Times, the unreleased content from the upcoming fifth season of Orange is the New Black was likely stolen from a postproduction company Larson Studios, based in Los Angeles. Netflix in a statement said, “A production vendor used by several major TV studios had its security compromised and the appropriate law enforcement authorities are involved.” In a tweet on Saturday, the hacker said, “Who is next on the list? FOX, IFC, NAT GEO, and ABC. Oh, what fun we’re all going to have. We’re not playing any games anymore.”

The hacker tweeted about uploading the first episode on The Pirate Bay on Saturday saying, “Let’s try to be a bit more direct, Netflix”. The hacker allegedly demanded an amount of money which they publicly described as “modest”, from Netflix for not releasing the episodes prematurely. The New York Times reported that the final three episodes were not pirated since the security breach occurred before the postproduction studio was handed those episodes. In January, the hacker erased the data from the servers of a Muncie-based charity called Little Red Door Cancer Services of East Central Indiana demanding 50 bitcoins to restore their data, which was estimated to be about US$43,000.

The Federal Bureau of Investigation is reportedly investigating this cyber crime. Netflix has more than 100 million subscribers, CEO Reed Hastings announced recently. Variety noted that Netfilx’s shares experienced a 0.57% loss on the day the first episode was uploaded by the hacker.

Friday, April 15, 2005

The last British-owned volume car manufacturer, MG Rover, has closed down, with the loss of 5,000 jobs.

International accounting firm PriceWaterhouseCooper was brought in last week to put the company into administration. Today PwC announced that MG Rover’s only hope, the Chinese car company SAIC, had no interest in buying the ailing firm. With no further source of revenue, PwC has closed the company’s factory in Longbridge, Birmingham and has laid off 5,000 workers.

Some 1,000 workers will continue for a while to complete the remaining cars left on the production line.

The BBC reported PwC joint administrator Tony Lomas as saying “We’ll explore what we would describe as the break-up of the business, we will carry on with the interested parties who want to talk about pieces of the business.”. PwC said around 70 offers for various parts of the company had been made but no serious offers of money made.

Recent efforts to save the company had been centered on convincing SAIC (Shanghai Automotive Industry Corp.) to buy the company as a going concern, but the Chinese company stated it would only buy the company if it’s financial position could be guaranteed to be secure for at least two years. The British government could not make such a commitment due to European Union trade and competition rules.

The SAIC company did buy the designs for the 75 and 25 models and for the K-Series engines for £67m.

The Rover car company has a long but troubled history. It was formed in 1968 after a series of mergers of existing car manufacturers, and was nationalized in 1975 after it ran into financial difficulties. In 1979 a long-running deal to collaborate on developing new vehicles was established with the Japanese company Honda. In 1988 the company was privatized and was bought by British Aerospace. In 1994 British Aerospace sold the business to BMW, who then sold the Land Rover brand to Ford and finally sold the company in 2000 for just £10, retaining the well-known Mini brand for themselves. The MG Rover company was run by a private group until its collapse.

MG Rover has not launched a new model since the 75 was introduced in 1998 during the period of ownership by BMW. Their next newest model was the 25, originally launched as the 200 series some ten years ago. Rover also produced the 45, which dates from 1990, and the ZF sports car first launched in 1995. Sales of Rover cars accounted for just 3% of the UK car market in 2004.

Tony Blair announced a £150 million support package for the recently unemployed workers of the MG Rover plants, though it has been claimed that his generous offer may be more as a result of the nearby marginal seats in the upcoming elections than compassion on his part.

Monday, May 24, 2010

Jordan Romero, a thirteen-year-old alpinist from Big Bear Lake, California, is the youngest person to have summited Mount Everest, according to reports circulated by the Associated Press quoting a spokesman based in the United States. The expedition included the boy’s father, stepmother, and three Sherpa guides.

Romero ascended 8,850 metres (29,035 feet) breaking the record for the youngest climber on Everest previously set by 16 year old Temba Tsheri from Nepal. “It’s something I’ve always wanted to do before I die — I just happen to be doing it at this age. I happen to be going for a world record. But I just want to climb it,” Jordan told AFP reporters before embarking on the trek. On the same day, mountaineer Apa Sherpa, from Nepal, scaled Everest for the 20th time breaking a personal record.

It is anticipated that additional information will become available once the summit team returns to camp on the Tibet side of the mountain.

Saturday, April 23, 2011

The first attacks carried out by United States Predator drones in Libya reportedly occurred today, as the Pentagon confirmed a strike carried out by the U.S. Air Force but declined to give further details.

According to Pentagon spokesperson Darryn James, a captain in the U.S. Navy, the attack happened sometime Saturday, but withheld other information. According to the Pentagon, “common practice” regarding drone operations is to provide no more information than to confirm an attack. NATO later revealed the target was a multiple rocket launcher in the Misrata area. A statement from NATO said that, “[t]he MRL system had been used against civilians in Misrata.”

Robert Gates, the US Defense secretary, announced Thursday that President Barack Obama had given permission for drones to be used in the conflict due to their “unique capabilities.” Previously, drones had been used only in a surveillance role.

General James Cartwright, an official with the U.S. Joint Chiefs of Staff, said that drones have an “ability to get down lower and therefore, to be able to get better visibility, particularly on targets that have started to dig themselves into defensive positions,” a benefit in Libya, where pro-Gaddafi forces are increasingly taking cover near civilian populations. Drones are able to make more precise attacks, which lowers the risk of civilian casualties in such areas.

Wednesday, June 4, 2008

A pipeline rupture and fire at Apache Corporation‘s Varanus Island facility in Western Australia has reduced the supply of natural gas to Western Australia by 30%. 153 employees have been evacuated and 13 employees remain on the island to monitor the situation.

Steven Farris, Apache’s president and CEO said “No one was injured, all personnel are safe, and the rupture and fire appear to be contained on the island…At this time, we cannot estimate when throughput will be resumed.” The facility was producing approximately 330 million cubic feet(MMcf) of natural gas and 8,000 barrels of crude oil per day, this has been reduced to 200 MMcf and 5,000 barrels per day.

Western Australian Minister for Energy Fran Logan said that residential supplies were unlikely to be affected but has called on Western Australians to conserve the use of natural gas. Minister Logan said that Apache supplies primarily large volume users like Alinta Gas and Alcoa, and the major industrial users will be hit the hardest. The aluminum refineries owned by Alcoa, which are dependent on natural gas, have switched to diesel to maintain production.

Apache representatives, including its managing director Tim Wall and fire experts from Singapore, are heading to the site to extinguish the fire and assess the damage. Wall said during a news conference in Perth today that a small fire on a vent had already been extinguished. Apache has invoked a clause in its supply contracts to remove liability for unavoidable catastrophes that prevent them from fulfilling obligations under the contract.

Saturday, September 24, 2005

Recently, Google had released Google Desktop 2 (beta), software that aims to provide information on a side-bar that sticks to the right end of your screen. Content on Google Desktop include e-mail searching, news and weather, subscribing to RSS-syndicated websites, and more features.

One particular feature of Google Desktop is how it sends anonymous information of your computer use to Google (at option) in order to help choose RSS feeds and the like for you. This is much akin to how spyware works, however, said features can be disabled rather simply. Along the same lines are the ability to automatically find Weather and Stocks you would like at the first time you open it. This is a Beta so there are a few kinks in this system that can be expected to be sorted out at the full release.

Google Desktop replaces the “Gmail Notifier“, so you can check your gmail emails directly from the Sidebar. In addition to the Gmail mail checker, if you have Outlook, Outlook Express or Thunderbird email clients on your computer then it will check the email accounts in them. All this is automatic, so you get all these emails. Emails can be hidden by using filters.

The program is a 1.3MB download and requires Windows 2000 or Windows XP. It automatically starts up when you load your computer.

Sunday, February 12, 2012

Guy Fawkes masks were on display in cities across Europe yesterday as part of a protest against the Anti-Counterfeiting Trade Agreement (ACTA), an international trade agreement on copyright and intellectual property that opponents believe will limit free speech online.

Organisers of the protest said about 100,000 people turned up in German cities such as Berlin, Cologne, Hamburg, and Hanover. In Berlin, police estimated 6,500 protestors. Protests also took place in Paris, Sofia in Bulgaria, Vilnius in Lithuania, Valetta in Malta, Tallinn in Estonia, and Edinburgh and Glasgow in Scotland. In London, about 200 people protested outside some major copyright holders’ offices. Last month, there were major protests in Poland when that country signed ACTA, which has led to the Polish government deciding not to ratify the agreement, for now. Latvia and Slovakia have both delayed the process of joining ACTA.

Jim Killock from the Open Rights Group, a UK digital civil liberties campaigning group, said ACTA was “undemocratic”, “lacked scrutiny”, and was “setting up dangerous new pressures to censor the internet”.

The United Kingdom have signed ACTA, along with 21 other EU countries. Germany and the Czech Republic have held out on agreeing to it, awaiting a debate on the matter in the European Parliament in June. Baroness Wilcox, the Parliamentary Under-Secretary for the UK’s Department for Business, Innovation and Skills, claims signing the treaty was important to help bring about “common enforcement standards and more effective international cooperation” in intellectual property law.

Thursday, July 14, 2005

First Active has become the first financial institution to offer 100% mortgages in the Republic of Ireland. The bank previously offered 100% financing to professionals in finance and medicine, but is now to offer this product to anyone who can afford to meet the repayments.

The development is a huge boost for first time home buyers who have been struggling to get on the Irish property market in recent years due to the rapid increase in house prices. A typical first time buyer in Dublin with 92% financing would normally have to put down a deposit of €20,000-€30,000 in cash, but now have the option to produce no deposit.

First Active has said that 100% mortgages will be available across its entire range of mortgage products.

Note however that this is not necessarily an entirely positive development.

The United States and most of Europe have experienced a housing price bubble in recent years. A bubble occurs when buyers purchase a property not because its price is appropriate for its actual value but because they expect the price to significantly rise in the short term permitting resale with a profit.

In other words, the prices people pay for properties becomes divorced from the real value of the property; the purchase is speculative and depends purely upon the expectation that people will continue to buy properties in this way (e.g. without proper consideration of their real value).

The terrible weakness in this is that when the market corrects itself and prices fall to a level where properties are being priced at their actual realistic value, anyone holding a property loses a great deal of money, since the price they paid does not reflect the actual realistic value of the property.

This kind of shock to the housing market is extremely undesirable. Significant write downs in the value of property often significantly depress the economy as a whole.

Less than 100% mortgages force buyers to invest a significant amount of money in the act of purchasing their house, which tends to discourage purely speculative purchasing, thus helping to mediate house price bubbles.

With 100% financing, anyone who can meet repayments can speculatively purchase a property. This naturally encourages pricing bubbles.