Citigroup software includes a mechanism intended to prevent the same “cash advance kiosk” withdrawal from being posted twice to an account. If near identical, near simultaneous transactions are submitted, the system is programmed to ignore all but one of the transactions. Thieves in California and Nevada discovered the flaw and took advantage of it.
Category: Technology
Unique home built inside an abandoned nuclear missile silo in Abilene, Texas gives owner some piece and quiet
Intel has prototyped a 48-core CPU chip for smartphones that could revolutionize computing as we know it
Computerworld is reporting that Intel is working on a 48-core processor for smartphones and tablets. They have a working prototype and expect the revolutionary CPU to hit the market in 5-10 years. “If we’re going to have this technology in five to 10 years, we could finally do things that take way too much processing…
FBI announces Next Generation Cyber Initiative to track down and destroy cyber attack(er)s
The FBI has announced that they have put in place an initiative to uncover and investigate web-based intrusion attacks using a crew of specially trained computer scientists who are able to extract hackers’ digital signatures from the mountains of malicious code they have released on the world. The Next Generation Cyber Initiative’s key aim is…
Internal shake up at Apple accelerates the Apple “turn” – come on, you knew it was coming
Reminiscent of the Jobs expulsion a few decades ago, Scott Forstall was ousted from Apple yesterday, regardless of what Apple may or may not admit. His design taste, abrasive personality, aggressive risk taking, belief that Apple was not working hard enough on “big ideas”, and of course, the iOS Maps fiasco, all rubbed Tim Cook…
Employee “accidentally” leaves prototype Nexus 4 in bar – Apple sues claiming they had the idea first
Baffling Barnes and Noble credit card breach – hacked POS devices discovered in stores across United States [UPDATE]
It’s strange enough that Barnes and Noble did not notify customers about the data breach that leaked the customers’ credit card numbers; but the hack itself appears to be an insider job or a coordinated remote or wireless attack against Barnes and Noble credit card pin devices in stores across the United States. 63 stores…
Memoto discrete, wearable digital camera records your entire life in 30-second intervals and saves recorded “moments” in the cloud
Stockholm-based Memoto, has developed a postage-stamp, waterproof, wearable camera that snaps a photo of your surroundings every 30 seconds, creating a visual archive of your life. The camera shoots 5 megapixel pictures, logs GPS coordinates and date/time, and has a two-day battery. It is capable of storing over 4,000 photos. A small, stainless steel clip…
Yeah Baby! Wi-Fi controlled light bulbs, each with its own IP address, so I never have to leave my couch!
Greenwave Reality is set to roll out Wi-Fi controlled light bulbs which will allow you to control your lighting with a hand-held remote or your smartphone or tablet device. The wireless LED lighting kit includes four 40-watt equivalent bulbs, a remote control, and a gateway box that you connect to your home router. Each bulb…
Apple introduces iPad Mini (and a new MacBook Pro, new iMacs, new Mac Mini, and other tiny stuff)
A trash talking Schiller made a point to compare the new iPad Mini to the other guys (ahem, Google Nexus 7) in today’s announcements telling the crowd, “You get a tablet experience on the iPad Mini. You get a scaled-up phone experience on the other”. Bunch of exciting Apple gear was announced today. Good specs…









