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Monday's hacking of the U.S. Central Command's Twitter account was more damaging to the military's reputation than to national security. But that's not nothing.
The hackers posted pro-Islamic State messages, such as "American soldiers, we are coming, watch your back. ISIS," and government documents purporting to contain sensitive information. In fact, the docs were innocuous and already in the public domain. The FBI is investigating; so far the government has given no indication that the Centcom network itself was compromised. A Pentagon spokeswoman described the attack as a "prank."
Still, for the Defense Department arm that oversaw the wars in Iraq and Afghanistan, and an institution that traffics in shock and awe, it was kind of shocking and awful. Taking someone's Twitter credentials typically requires a lot less effort than breaking into a government network, but as we've seen when celebrities and companies appear to start tweeting unusual things, it's an efficient vehicle for damaging reputations.
Fresh off of a $210 billion funding round, Instacart is the latest company to join the billion-dollar valuation club. The site is making a go at the grocery delivery business despite competition from Amazon and the ghosts of dot-com busts. Watch the video >>
Accused 'Dread Pirate' Says He's Fall Guy in Bitcoin Drug Case Ross William Ulbricht, the former Eagle Scout accused of running the $1.2 billion Silk Road online drug bazaar, is a "fall guy" set up to take the punishment for an Internet site he created and then left after a few months, his lawyer told a jury.
The world according to Elon Musk is about to get more ambitious -- ranging from a Seattle engineering office to develop and launch satellites to the on-time delivery of electric sport-utility vehicles that appeal to women.
The mobile car-booking application said it will start sharing data about its rides with the city of Boston. The information, which will be anonymized to strip out individuals' identifying characteristics, could help Boston with issues such as traffic congestion, public transportation expansion and urban growth.
Amazon said director Woody Allen will create his first television series for the online retailer, enlisting an accomplished yet controversial filmmaker to add video-streaming content and extend clout in Hollywood. Read the full story >>
Big Data Knows When You're Going to Quit Before You Do
By Jack Clark
Good bosses have an uncanny ability to sense when employees are unhappy and work with them to fix problems in the office before it's too late. At VMware in Silicon Valley, they let the machines figure it out.
VMware has been testing a new prediction technology from Workday, which makes software for human resources departments. The system delivers notifications about when employees might be getting ready to quit, and allows managers to intervene before it's too late. It looks for trends within employee activity, when promotions were last handed out, regional factors, changes in the industry and other data to make its predictions. The recommendations can improve over time as employers train the system.
GoPro CEO Woodman Sees Stock Grant Swell to $270 Million GoPro, the world's dominant maker of wearable video cameras used by surfers and others to record their exploits, has thrilled its investors with a 150 percent climb since its initial public offering last June. Corporate governance advisers are less sanguine.
Sony Expects to Break Even on 'The Interview'"The Interview," the comedy that Sony Pictures temporarily pulled from theaters, is doing well enough from online sales and rentals to recoup the millions of dollars spent on the film, a person close to the studio said.
Amazon is known for its efforts to woo consumers with fast deliveries and vast product selection. It turns out the Web retailer is just as assertive when it comes to refunds for returned merchandise. Read the full story >>
world's epicenter for top-speed Internet access, according to the latest research from Akamai Technologies expected to be published later today.
The top four places, ranked by their average peak connection speeds, were in Asia. Hong Kong, South Korea, Japan and Singapore had the speediest broadband, in that order, according to the study that looked at traffic flowing through Akamai's global network from July through September. With Taiwan ranking No. 8, regions or countries in Asia made up half of the top 10.
Nearly all of the major Asia-Pacific markets tracked by Akamai improved their peak connection speeds by at least 12 percent compared with the previous year. Indonesia was the only one that dropped - a 30 percent decrease year-over-year to 9.7 megabits per second, putting the country at 115th on the list. India is the only major market in Asia that came in behind Indonesia, with an average peak speed of 9 Mbps. China's 11.3 Mbps average wasn't enough to break into the top 100, either.
People in Asia are certainly taking advantage of the fast connections. Singapore, Japan and South Korea were among the top five countries with the highest mobile-broadband penetration in 2012, according to a report from the International Telecommunication Union, an agency of the United Nations. Each of those countries exceeded 100 mobile-data connections per 100 inhabitants, which suggests people are using multiple connected devices.
The concentration of high-speed Internet in Asia could have positive economic effects that reverberate throughout the region.
The media world responds to comments by Tom Perkins, founding partner at Kleiner Perkins Caufield & Byers, who equated treatment of the top 1 percent in the U.S. to Nazi Germany. And don't miss Perkins's response on "Bloomberg West." Watch the video >>
The venture capital pioneer said he was sorry (watch the video) for comparing today's treatment of wealthy Americans to the persecution of Jews in Nazi Germany, though he stood by his message around class warfare.Read the full story >>
Not to be outdone by the fingerprint reader on Apple's iPhone, Samsung Electronics said it's exploring eye scanning technology for its smartphones, Bloomberg's Jungah Lee reported. The South Korean company also said it plans to release its Galaxy S5 in April.
What if you could get all the benefits of a BlackBerry-style keyboard without giving up your iPhone? That's the premise of a new accessory called the Typo iPhone Keyboard Case, a $99 product reviewed by Bloomberg's Nick Turner. The peripheral comes as BlackBerry, which sued Typo over its design, returns to its keyboard rootsunder CEO John Chen.
The chilly temperatures that help keep computer servers from overheating are part of Canadian companies' sales pitch to businesses looking to store their data on the cheap. Now they're touting what they say is a new advantage: less snooping.
The Consumer Electronics Show is as much a place to drum up hype for new gadgets as it is an annual celebration of all things tech. But the trade group that puts on the Las Vegas convention kind of killed the mood after saying that global spending on technology by consumers will drop this year to $1.06 trillion, a decrease of about $13 billion from last year. Why the drop?
Samsung Electronics, which sells almost one of every three smartphones, wants to parlay that technology into automotive navigation and entertainment systems for an industry that makes more than 80 million vehicles a year.
HP Plans to Renominate Directors to Stabilize Board
Hewlett-Packard plans to renominate its slate of directors, including activist investor and interim chairman Ralph Whitworth, seeking stability after years of board turmoil and turnover. Read the full story>>