U.S. ‘Hacker’ Crackdown Sparks Debate Over Computer Fraud Law
In June 2010, Andrew Auernheimer, a well-known Internet security expert, discovered a gaping hole in AT&T’s website that exposed 114,000 email addresses belonging to the wireless giant’s Apple iPad customers. After a colleague downloaded the data, Auernheimer passed the information to a journalist at the wesbite Gawker. The episode was a major embarrassment for AT&T because the list included thousands of high-profile individuals, including New York City Mayor Michael Bloomberg and then-White House chief of staff Rahm Emanuel. AT&T quickly patched the hole. The FBI promptly launched an investigation, and last November, Auernheimer was convicted of two felony counts under the Computer Fraud and Abuse Act (CFAA), a 1980s-era law originally designed to punish and deter intrusions into government and financial industry computer systems. His colleague, Daniel Spitler, pleaded guilty last year. On Monday, Auernheimer, 27, was sentenced to 41 months in prison and ordered to pay $73,000 ...
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PODCAST: McDonald's gets the boot, housing starts hit a new roof
Wednesday, October 17, 2012 - 09:22 Joe Raedle/Getty Images After 20 years, McDonalds is being evicted from its location in the upscale Galleria Vittorio Emanuele in Milan. Nike said this morning it has severed its endorsement deal with Lance Armstrong. Armstrong also says he is stepping down as chair of the Livestrong cancer charity he founded. He says he doesn't want the doping allegations against him to distract from its mission. Markets are up in Europe after Moody's kept its credit rating for Spain right where it was . Spain has also been sending increasing signals it will ask for a bailout. A major Spanish index, the IBEX 35, ended the day up 2.3 percent. New construction on apartments and single family homes reached the highest point in September in more than four years . New mortgage applications for home purchases were lalso up last week. Bank of America reports an official quarterly profit of essentially "nothing-per-share." The bank got hammered by a legal settlement related to ...
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Brands: What not to do in mobile
With news about the upcoming release of Apple's iPhone 5, rumors about a smaller iPad product and a new Kindle Fire, more brands are looking into the mobile space with interest. These new releases may push more people to think about the Internet as more than a desktop/laptop diversion. But, for brands to engage, they'll have to change their thinking, too.
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BizReport
The mobile Internet economy
The troubled Facebook IPO is casting a pall over high tech (wrongly, I think). The signal moment for the emergence of an even larger digital economy wasn't Facebook. It was Apple's iPad. It's the visible symbol of the rapid embrace of wireless data -- video, images, content, data and communication -- throughout the global economy. A safe forecast: The mobile Internet will transform personal finance.
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