Amazon’s cloud computing business is slowing down

The company posted its second-quarter earnings today (July 25), and Amazon Web Services (AWS), its cloud-computing division, generated $8.3 billion in the quarter, a jump of more than 35% over the same quarter last year. Cloud services, a business Amazon originally entered to support its own infrastructure, has become incredibly fruitful for the online retailer. …

Rapid7’s report reveals that FTSE 250 firms exposed to possible cyber-attacks

The average FTSE 250 company exposes 35 different avenues of attack for would-be hackers, according to a report, despite the vast majority having “serious issues” with keeping business-critical systems up to date. According to the cybersecurity company Rapid7’s report, created by scanning for systems and devices used by FTSE 250 corporations that are visible on …

Facebook acknowledges in was privy to Cambridge Analytica concerns before Guardian dossier

Facebook employees were aware of concerns about“improper data-gathering practices” by Cambridge Analytica months before the Guardian first reported, in December 2015, that the political consultancy had obtained data on millions from an academic. The concerns appeared in a court filing by the attorney general for Washington DC and were subsequently confirmed by Facebook. The new …

Remember ONAVO VPN? Facebook secretly pays teens to install a “Facebook Research” VPN that spies on them

According to a TechCrunch Report, Facebook has been secretly paying people to install a “Facebook Research” VPN that lets the company suck in all of a user’s phone and web activity, similar to Facebook’s Onavo Protect app that Apple banned in June and that was removed in August. Facebook sidesteps the App Store and rewards …

$1 million may have been stolen from the Ethereum Classic blockchain in a “51%” hack attack

An attack on the Ethereum Classic blockchain may have helped hackers steal around $1.1 million worth of the currency from other users, according to popular cryptocurrency exchange Coinbase. Ethereum what? Ethereum Classic is the original Ethereum blockchain. In 2016, to counter another, different kind of attack, Ethereum’s developers created a new version of the transaction history that returned …

A Simple Tweak turns India’s controversial Biometric Database, Aadhaar, Into a Profitable Counterfeit System

India’s controversial biometric database, Aadhaar, has been once again compromised, according to a three-month investigation launched by HuffPost India. In a report published Tuesday, HuffPost revealed the existence of a malicious patch said to disable critical security features, making it easier not only to create unauthorized Aadhaar numbers but to fool the system’s biometric recognition …

Bullish again, Bitcoin Prices Surge

Bitcoin prices rose sharply yesterday after months of downfall, showing that bullish sentiment has returned to the digital currency markets. “The bulls are back in charge,” said analyst Charles Hayter, who pointed to Bitcoin’s robust intraday gain and a short squeeze taking place on Bitfinex. The world’s largest cryptocurrency reached $8,055.20, climbing almost 20% in less than six …

Signal and Telegram hit by worldwide outages

Multiple reports indicate that the encrypted messaging systems Signal and Telegram are suffering downtime in a number of countries. Users of the popular encrypted communications services are reporting outages worldwide, including in Europe, the Middle East, Africa, US, Japan, New Zealand, and Australia. Reports have flooded across social media, and as there is no downtime or …

Bitcoin could jettison nelow $5,000 should a mysterious Tether cryptotoken report be right

Some people think bitcoin’s spectacular price rise last year was manipulated by a cryptotoken called Tether that’s supposed to be pegged to the US dollar. Now, an anonymous report answers the question: What would bitcoin be worth without Tether? The answer: around $4,500, based on the current bitcoin price of about $7,600. Tether is a …