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Comment: Re:MEGA Windows sync client (Score 1) 69

by kubajz (#46018583) Attached to: Kim Dotcom Just Launched His New Music Service With His Own Album
My understanding is that MEGA work by encrypting your data client-side within the browser, so the only thing that could happen to the said shopping list is getting lost, but until it is sent back to your browser and decrypted there even Dotcom cannot read it - that's the main reason why they cannot provide you with a password reset feature. They have a bug bounty program for finding holes in this setup. I do not trust the guy either but I think that this kind of arrangement, while having a side effect of protecting him from liability for users' content, also helps keep my data more secure. OTOH I know Slashdot is full of people more knowledgeable with the matter, so I do not mind hearing more from someone who can poke a few holes in their model :)

Comment: MEGA Windows sync client (Score 4, Interesting) 69

by kubajz (#46014741) Attached to: Kim Dotcom Just Launched His New Music Service With His Own Album
I hope this is not too off-topic, but Mega has recently (and very quietly, without even a mention on their blog) released a Windows sync client - a significant step in being feature-complete compared to their less-encrypted competition of Dropbox, Google Drive or Microsoft SkyDrive.

Comment: Re:FOR-PROFIT CORP !! NO THANX !! (Score 1) 143

by kubajz (#45453373) Attached to: Ars Checks Out CyanogenMod's New Installer
If profit is not necessary, could you give me one reason why anyone would fund a startup? Could you explain how to build a factory if the bank won't give you a loan? How to expand internationally once you've invested all your personal wealth into your business? Why would someone risk being a business owner and not an employee? See, all these are things that are typically solved by equity investment, or (partly) giving up your ownership, and these investors, for the large risk they are taking, expect a return - profit. Interestingly, as an example, in Islamic finance it is okay to turn profit but it's forbidden to give loans and ask for interest which is understood as making money without taking a risk. Or, in other words - the business generates value for customers (otherwise they would not buy its products), for employees (who get wages), for loan providers (because you pay interest on your loans) and finally for owners who are running the largest risk - a risk that there won't be anything left to pay for their investment in the company. You would suggest to let them take losses but not have the option of getting profits... and I think it would not work :)

Comment: Why lock a phone? (Score 2) 148

by kubajz (#44900181) Attached to: Crowdfunded Bounty For Hacking iPhone 5S Fingerprint Authentication
Assuming that you protect your phone from the random thief, I would recommend installing a tracing app and leaving the phone unlocked - a locked phone will just encourage the thief to hard reset it or turn it off immediately. Same with a laptop - I had some tracing software installed but unfortunately I forgot to enable the guest account so the thief could not use the laptop... and therefore never gave me a chance to locate it.

Comment: Re:Revenue is not the same as earnings (Score 1) 156

Plain English: Although their revenue has grown, they are still making losses. It may seem, from a certain point of view, like they are earning a bit of profit for each of their shares, but that's only if you adjust the figures in a way that is not allowed by official accounting standards.

Pound for pound, the amoeba is the most vicious animal on earth.

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