from the tell-me-again-why-we-are-building-this dept.
elrous0 writes "Various news outlets are reporting that Europe's Galileo program is facing a serious financial and technical crisis and may be permanently stalled. The European program, designed to be a superior answer to the US's GPS — and, more critically, not controlled by the US — has faced numerous hurdles since its inception. To date the Galileo program has succeeded in launching only one of its 30 planned satellites and has been beset by delays and cost overruns. Apparently, squabbling between the eight companies in the consortium behind the project is responsible for many of the problems. The project is now threatened with an EU takeover. But some doubt that even an infusion of EU capital can save the flagging program."
Snakepit Bit writes "Underground hackers are hawking a zero-day exploit for Windows Vista at $50,000 a pop, according to computer security researchers at Trend Micro. The Windows Vista exploit, which has not been independently verified, was just one of many zero-days available for sale at an auction-style marketplace infiltrated by the anti-virus vendor. Prices for exploits for unpatched code execution flaws are in the $20,000 to $30,000 range. Bots and Trojan downloaders that typically hijack Windows machines for use in botnets were being sold for about $5,000." From the article: "According to [Trend Micro CTO Raimund] Genes, the typical price of a destructive exploit has increased dramatically, driving an underground market that could exceed the value of the legitimate security software business. 'I think the malware industry is making more money than the anti-malware industry,' Genes said."
narramissic writes "Google has released a customized version of Internet Explorer 7 that uses Google as the default search engine and provides users with the Google Toolbar and a Google homepage they can personalize. Perhaps not exactly what Microsoft intended when they released the Internet Explorer Administration Kit, which allows developers to customize IE."