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FNB launches Tablet Apps

Published by on Apr 15th, 2013, No Comments


FNB has released a new Banking App customised for tablet devices, complimenting a much larger tablet device strategy for the Bank. From today, the App is available for download from today in app stores across Apple, Android and Windows 8 devices.

“The new Banking App, designed specifically for tablet devices, was developed with ease-of-use as a key priority and utilises the full capability of the latest tablet devices. It is completely custom-made and not a re-skin of our existing smartphone App.” says Farren Roper, Head of FNB Connect ISP and Business Operations.


Bitcoin: Future of Currency or Commodity Bubble?

Published by on Apr 15th, 2013, 7 Comments


At the beginning of April 2013, the market capitalization of Bitcoin passed the $1 billion mark for the first time. From there, it bolted upwards to a max of $2.6 billion only 10 days later, trading at an exchange rate of $266 per Bitcoin. From there, it plummeted though, to about $120 only two days later. Furthermore, only earlier in this year the exchange rate was only $13 per Bitcoin. So why did it happen and how did this kind of volatility hit a purely virtual currency which is completely decentralized – meaning it is not backed by any central bank or government authority – in such a short time frame?

Kaspersky exposes “Winnti” Cybercriminal Workings

Published by on Apr 15th, 2013, No Comments


Today Kaspersky Lab’s team of experts published a detailed research report that analyses a sustained cyber-espionage campaign conducted by the cybercriminal organisation known as “Winnti.”

According to Kaspersky Lab’s report, the Winnti group has been attacking companies in the online gaming industry since 2009 and is currently still active. The group’s objectives are stealing digital certificates signed by legitimate software vendors in addition to intellectual property theft, including the source code of online game projects.

The first incident that drew attention to the Winnti group’s malicious activities occurred in the autumn of 2011, when a malicious Trojan was detected on a large number of end-user computers across the globe. The clear link between all of the infected computers is that  they were used to play a popular online game. Shortly after the incident, details emerged that the malicious programme which had infected the users’ computers was part of a regular update from the gaming company’s official server. Infected users and members of the gaming community suspected the computer game publisher was installing the malware to spy on its customers. However, it later became clear that the malicious programme was installed on the players’ computers by accident, and that the cybercriminals were actually targeting the computer game company itself. (more…)

Cirqls – Buy and Sell Based on Trust

Published by on Apr 15th, 2013, No Comments


I hope you will agree when I say that I think the online classifieds model has been ripe for innovation for some time now. It’s not that doesn’t work, it’s that it could probably work a lot better. I think the biggest problems plaguing classifieds are scam artists and dangerous opportunists just waiting for their next victim. I’m sure most online classifieds services try their utmost to protect their users and prevent their users from falling prey to scam artists, and the like, but I think more can be done.

Enter Cirqls, an online classifieds and store front marketplace that allows people to buy and sell based on trust. Cirqls leverages the social networks you are connected to in order to build trust between buyers and sellers as well as provide recommendations.

What is Bitcoin Exactly? (Video)

Published by on Apr 12th, 2013, No Comments


Right now the entire web is all abuzz about Bitcoin – a digital currency you can use to buy things online, or trade for other currencies like dollars. But Bitcoin is a lot more than that, and is actually a very well thought out system.

Bitcoin was initially designed as a digital currency (“BTC”) to move outside any central bank, and to avoid the current rules of transactions. Bitcoin is entirely decentralized, and is not controlled by any government or reserve bank. Using cryptography and digital signatures, Bitcoin is “mined” by Bitcoin mining machines – these machines need to solve complex mathematical problems, which generate a 64 digit code.

These mining machines are standard PCs but typically customized with very high end graphics processors, and whatever hardware might be needed to work out that difficult maths problem. With each block of Bitcoins that are generated, the maths problem might alter in difficulty. There are thousands of machines working on these problems at any time, and because of increasing difficulty, the market cannot be flooded by a sudden onset of Bitcoins coming into circulation.

Every 10 minutes a block of Bitcoins are issued to miners, provided their machines can solve the complex mathematical problem. 25 bitcoins are generated every ten minutes, but every now and then the rate of new Bitcoins generate halves. For example, it will decrease to 12.5 bitcoins by 2017 – and then halved every 4 years.

Compare this to traditional government issued money – typically a reserve bank can simply print money as needed by the economy.  (more…)

Microsoft including 7-incher in next Surface range

Published by on Apr 11th, 2013, 1 Comment


We have seen the 7 inch tablet market explode in the last year or so, as millions are gravitating towards the smaller form factor, preferring it to a larger 10-inch device. Its portability and convenience are major positives for these devices, even if their hardware isn’t always up to scratch when compared to the larger alternatives.

Microsoft only recently joined the tablet market with its Surface offering, and is looking to expand it sooner rather than later. Later this year, according to Wall Street Journal, Microsoft is starting production on its newest range of Surface tablets. They will be “completely redesigned”, and this time around we will see a 7 inch variant as well.

Samsung Galaxy Mega specs revealed

Published by on Apr 11th, 2013, 3 Comments


A couple of days ago we reported on rumours about massive smartphones that are launching soon, and it didn’t take long for Samsung to send us the exact specifications of these devices. Most of the leaked details did turn out to be true, with the most interesting one being that these can both be seen as mid-range devices. The only question that remains is how much you would have to pay for these mammoths.

The design is akin to the previous smartphone iterations from Samsung; the Korean firm is really throwing everything they can at the aesthetic and milking it as much as they can. Not that we blame them, it certainly is working for them.

The specs for the 6.3 inch and 5.8 inch Galaxy Mega devices are, respectively, as follows: (more…)

Gmail’s Evolution after 9 years: Infographic

Published by on Apr 11th, 2013, No Comments


The folks at Google have drawn up this great infographic to show the journey that Gmail has taken until now. Hard to believe it is 9 years old already, and at its launch it was pretty much the norm for web based email accounts to have less than 10 MB of space. So when Gmail launched on April Fools Day in 2004, many people thought it was a joke that Google is launching a service with 1GB of storage for you to use.

The service quickly branched out into a full consumer focussed personal information manager, with tools like Calendar and Contacts launching soon after. These days Gmail is the standard in web based mail – but the biggest problem is that now you cannot get the email address you want anymore. These days you have to settle for yourname1964kitty@gmail.com… See the evolution of Gmail below: (more…)