Cloud-storage service Box plans to go public and has reportedly filed an initial public offering, aiming to raise $250 million, with company CEO Aaron Levie warning Box won't be profitable for the "foreseeable future."
Box has 25 million registered users and more than 34,000 paying companies as clients - and while revenue increased 111 percent year-over-year, up to $124.2 million, losses increased from $112.6 million to $168.6 million.
"We are moving toward an information economy, where every worker will be an information worker, and every business, regardless of industry, will be in the information business," Levie wrote in an open letter to investors. "Our role at Box is to help enable this transition for every organization in the world."
Box is a popular Silicon Valley storage startup, but with Dropbox, Google, Microsoft, Barracuda Networks, and scores of other companies offering online storage, it's going to be extremely difficult to compete long-term.
Despite Turkey's attempt to ban social networking site Twitter, the government is now "fighting a losing battle," experts claim, with Turkish citizens using virtual private networks (VPNs), text messaging and Tor to continue tweeting.
Although Twitter hasn't publicly issued a response - following the Turkish government trying to have government corruption tweets and links deleted - Twitter's decision to post a guide on how to post tweets via SMS provides an initial insight into the company's stance on the matter.
Turkish Finance Minister Mehmet Simsek isn't overly impressed with the ban:
"The Turkish telecommunications watchdog has made a number of statements saying that they have asked Twitter on a number of occasions to remove some content on the back of court orders and Twitter has been refusing to comply. I don't think any global company, whether it's a media company, whether it's an industrial company, it shouldn't see itself [as being] above the law."
Spotify seems quite unstoppable right now, with the music streaming outfit will now not accept anymore submissions for its App Finder program. The App Finder program allowed developers to publish apps inside of its desktop client, but not anymore.
Looking into the future, Spotify will rel ease multiple new mobile SDKs, as well as expanding its web API with more features in the coming months. The apps that have already been published will continue to be available as they're made on Spotify's latest API 1.x framework. From here on out, those apps will only receive critical updates.
Today Tt eSports unveiled the latest edition to its BLACK gaming mouse series. The all new Black Snow edition is not just another BLACK gaming mouse, and features improvements that were derived from community feedback about the previous versions of the BLACK series. The biggest change ascetically is the new glossy white exterior that is accented by ice blue LED lighting and a laser etched logo.
The BLACK Snow edition features a new Avago 5700 DPI laser engine, and more internal memory to store additional setting profiles. This memory increase allows users to store up to 5 profiles with six-macros each which are programmable via the included software. Like other Tt eSports mice, the Black Snow edition features 5-million click OMON switches. The mouse will retail at a pricing point of $49.99 and will release to the US market sometime in April of this year.
Google has added a handy new feature to its Search App for Android. Users can now tap the microphone or say "OK Google" and then say "Play some music", and the Search App will create an "I'm Feeling Lucky" radio station based on your previous music searches. Android users who have the latest updated version of the Search App can use the feature immediately, everyone else simply needs to update the app from the Google Play Store.
The whole process is pretty seamless, but in my experience, it needs a little refinement. 99-percent of my music searches revolve around 90s alternative bands, and when I use the service, I get a Google Play Music station that consist of Kelly Clarkson, Mandy Moore, Miley Cyrus, and Prince. I tried this a few times, and similar playlist were generated. I did happen to get a single Nirvana song on the first try, but it was followed up by a Katy Perry track.
Project management is one of the most important aspects of today's fast-paced tech world, and one of the biggest applications that makes this task easy has recently been hit with a massive DDoS attack followed by an attempt to blackmail the company into paying for the attack to stop. Basecamp is used daily by hundreds of thousands of developers world wide to keep track of their project's task, goals, and more, but Basecamp says that it will not succumb to extortion and blackmail.
Shortly after the attack began, Basecamp received a offer to end the attack in exchange for a monetary payment, but the company denied, and recovered from the attack on its own. The company has reasons to believe that the attack was organized by the same people who attacked Fotolia in a similar manner last week, and are working with officials to sort things out.
The X-Men movie series is one of those once in a generation series that not only captivates our imaginations, but also leaves us wanting more with every release. The latest film in the series is set to be one of the biggest, and best yet as Professor Xavier sends Wolverine back in time to steer the future on a better path, that sees Magneto and Professor X working together instead of battling each other constantly.
X-Men: Days of Future Past is set at the end of the previous trilogy, and unites characters from all three past movies. We will see more of Bolivar Trask's Sentinel Robots, a return of Mystique, and a young Wolverine as well as Professor Xavior, and Magneto during various stages of their life. The movie is set to premier on May 23 at theaters everywhere.
Microsoft Windows XP remains an extremely popular and well-liked operating system, but the security benefits alone of Windows 7 and 8/8.1 haven't been enough to get users to migrate. However, Microsoft and security experts are strongly urging both users and companies to upgrade, or potentially face harmful cyberattacks.
Pure Hacking has a few tips regarding XP: Disable what users don't need on the OS, replace XP with Windows 7, segregate legacy installations, and implement application whitelisting control.
"Across Australia there are tens of thousands of machines still running Windows XP - just think POS terminals, let alone all those SMBs," said Gordon Maddern, Pure Hacking CTO, in a statement. "Anyone still on XP will be wide open to attack. All new vulnerabilities - and countless numbers of these are likely - will no longer be fixed by Microsoft. I cannot stress enough, it's time to migrate, migrate, migrate."
In reality, SMBs and corporations should have created a migration plan long ago - and should be well underway with the migration plan - but it's become evident that many companies will instead try to scramble to stay in compliance.
If recent reports are true, Apple is in talks with Comcast to bring a new On-Demand service to the next-generation of Apple TV. Some rumors state that this would be an app-based service, while others suggest that the upcoming fourth-gen Apple TV will function as a fully digital cable box when connected to a Comcast cable line.
We already know that the device will function very similar to other set-top boxes such as those offered by Roku, but the introduction of digital cable service could change the game for everyone, similar to how TiVO shook things up when it began being integrated into digital cable. The new Apple TV is said to feature an entirely new OS, as well as a complete UI redesign that will bring the device up to speed with current OS X and iOS visuals. Apple is expected to launch the new Apple TV sometime in the next few months, so I guess we will not have to wait for long to see if the Comcast rumor is true.
As the Microsoft end of support for the aging Windows XP operating system quickly approaches, security researchers believe the banking industry faces a serious risk of compromised ATMs, according to Symantec.
The Backdoor.Ploutus.B malware variant, an upgraded version of sophisticated malware that proved effective in 2013, allows cybercriminals to force ATMs to dispense cash.
The criminals simply send an SMS to a compromised ATM, walk up, and collect the stolen cash - using a network packet monitor (NPM) and other tools to properly infect the ATM.
"As soon as the compromised ATM receives a valid TCP or UDP packet from the phone, the NPM will parse the packet and search for the number '5449610000583686' at a specific offset within the packet in order to process the whole package of data," said Daniel Regalado, Symantec security researcher, in a blog post. "Once that specific number is detected, the NPM will read the next 16 digits and use them to construct a command line to run Ploutus."