World’s most famous hackers: Bill Gates, co-founder of Microsoft.
Category: business – Page 293
Dear readers,
My son Ethan Kurzweil — who is a partner at Bessemer Ventures Partners — tracks the future of web innovation, social and legal concerns about privacy, and start-ups who have an edge with their business or consumer applications, like team sourcing or software-as-a-service.
He appeared on C • NBC business affairs show Power Lunch. Episode debated the recent news about the US government and law enforcement asking Apple to release private data on an iPhone used by terrorists.
You could say that Illumina is to DNA sequencing is what Google is to Internet search, but that would be underselling the San Diego-based biotech company. Illumina’s machines, the best and cheapest on the market, generate 90 percent of all DNA sequence data today. Illumina is, as they say, crushing it.
But as lucrative as that 90 percent slice is for Illumina now, the whole pie is likely to get even bigger in the future. Less than 0.01 percent of the world’s population has been sequenced so far. So recently, Illumina has made bold moves positioning itself for the future: The company is consolidating its core hardware business—this week, it sued an upstart competitor, Oxford Nanopore Technologies, for patent infringement—while moving into the genetic testing business with new ventures like the liquid cancer biopsy spinoff, Grail.
The company is a looking toward a future in which a lot more people gets genetic tests—and a lot more often. “Grail’s business will be very different than Illumina’s core business,” Eric Endicott, Illumina’s director of global public relations, said in an email. “We are at a tipping point in genomics, where a broad community of scientists and researchers continue to translate the potential of the genome from science to discoveries and applications.”
80 million cyber attacks per year — 400 every minute — but as many as 70 percent of them go undetected. And, these numbers are anticipated to go drastically higher now “Ransomware” is paying off for hackers.
Using the internet is a risk most businesses and individuals take for granted. But as more data is stored online, the world is becoming ever more vulnerable, the head of global internet security firm Symantec, Michael Brown, says.
China goes 5G.
China Mobile has launched its 5G Joint Innovation Center project, the company said.
The company has set a business target of reaching 1.40 million TD-LTE base stations, selling 330 million 4G devices and expanding the 4G subscriber base to over 500 million by the end of 2016.
According to Shang Bing, Chairman of China Mobile, the company has deployed 1.10 million TD-LTE base stations as of the end of 2015, covering over 1.2 billion population and has achieved 4G roaming with 114 countries and regions; China Mobile sold 300 million TD-LTE devices in 2015, indicating the addition of more than 400 TD-LTE users every minute; China Mobile´s 4G subscriber base reached 340 million, accounting for about 30% of global number. Moreover, China Mobile has completed the deployment of carrier aggregation (CA) in over 300 cities and has commercialized VoLTE services in 100 cities.
A very bad and at times dangerous trend:
Hackers for hire; very lucrative new consulting business for out of work tech specialists.
As hackers switch to malware-as-a-service model to make their malicious tools and services available to general public, security firms struggle to find a way to catch the bad guys.