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+ - $1.2M Hack Shows Why You Should Never Store Bitcoins on the Internet

Submitted by daktari
daktari (1983452) writes "Wired gives you your digital-currency lesson of the day, courtesy of a guy who calls himself TradeFortress: “I don’t recommend storing any bitcoins accessible on computers connected to the internet.”

That may sound like a paradox. Bitcoin is the world’s most popular digital currency, and it’s controlled by a vast collection of computers spread across the internet. But TradeFortress knows what he’s talking about. He’s the founder of a inputs.io, a company that used to store bitcoins in digital wallets for people across the globe. The site was just hacked, with the bandits making off with more than a million dollars’ worth of bitcoins."
Businesses

+ - Worst CEOs of 2012->

Submitted by daktari
daktari (1983452) writes "Dartmouth College professor Sydney Finkelstein, best selling author of 15 books on leadership and business strategy, has for the third time compiled a list with the top five worst CEOs. Last year's list included CEOs of Netflix, Research in Motion, and Hewlett-Packard. This year's list had Zynga's Mark Pincus and former Best Buy CEO Brian Dunn vie for the top spot. Facebook's Mark Zuckerberg and Groupon's Andrew Mason almost made the list. Zuckerberg got hammered for his “massive ego,” while both men were deemed immature and letting their company's share price dip. Professor Finkelstein: “There’s no reason to believe they have the management skills to run a major public company.""
Link to Original Source
Google

+ - Google: Microsoft, Comcast and RIAA lead requests for content removal->

Submitted by daktari
daktari (1983452) writes "Google claims that among copyright owners Microsoft, Comcast and the RIAA make the most requests for removal of content from Google’s search service.

Microsoft requested 2.5 million pages be removed from Google's search service. They're followed by Comcast's NBCUniversal (1 million requests) and the RIAA (400,000) requests."

Link to Original Source
Australia

+ - Evil descends on Australia's NBN? Erm, not quite->

Submitted by daktari
daktari (1983452) writes "In what appears to be another comedy of errors by Australia's media, its citizens were told that the security of their future internet infrastructure may well have been severely compromised by an "unemployed truck driver". Reports of "Australia's biggest hacking attack" were offset by more insightful journalists and bloggers, prompting comments like "The media really need to step up. Technology is no longer a niche interest, it is involved in almost every aspect of our lives.""
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