Facebook Won’t Rebrand Oculus With Its Logo And Interface

Facebook Wont Rebrand Oculus With Its Logo And Interface

Facebook decision to acquire Oculus hasn’t been well received, at least by the people who provided the initial funding for this company through Kickstarter. It initially raised $2.5 million by seeking contributions from anyone and everyone, and confirmed yesterday that Facebook is picking it up for $2 billion. The New York Times ran a report yesterday citing a source which claimed that post acquisition, Facebook is going to rebrand Oculus with its logo and interface. If that would have been true, it would be akin to sprinkling salt on the wounds of all those who’re opposed to this acquisition.

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    Auroracoin Virtual Currency Launched In Iceland

    Auroracoin Virtual Currency Launched In IcelandIceland is not exactly a model country for a booming economy, but you can more or less say that it has gotten a wee bit richer on Tuesday, in terms of its cyberspace presence, thanks to the launch of a virtual currency known as Auroracoin. It is hoped that this virtual currency might eventually replace the crown by circumventing the island’s capital controls, although it will be a long, rocky and winding road ahead of it.

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    IRS Declares That Bitcoin Should Be Taxed Like A Property

    IRS Declares That Bitcoin Should Be Taxed Like A PropertyOver in the US, the 15th of April is the deadline in which people will have to file their taxes. This is pretty much a non-issue for most people, but at the same time for those who have been trading Bitcoin, what does this mean for them? Should they file Bitcoin as currency, capital gains, or can it be taxed at all (we guess this is obvious since it can be considered a source of income, much like trading shares and gaining interest)?

    These questions have been around for a while as governments have been working and trying to decide what to do about the crypto currency since it’s a relatively new thing and firm regulations have yet to be put into place. Well wonder no more because the Internal Revenue Service (IRS) has since announced that Bitcoin is considered property and will be taxed in the same manner. (more…)

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    Hackers Make ATMs Spit Out Cash By Sending A Text Message

    Hackers Make ATMs Spit Out Cash By Sending A Text MessageWhen you think of hackers hacking ATMs, you probably envision them holding tools that plugs into the ATM, or perhaps create ATM card skimmers that lets them steal account information and passwords. Well in a surprising hack discovered by security vendor, Symantec, it seems that hackers have found a way to make a certain type of ATM spew out cash via text message.

    The ATM brand in question remains a mystery which we guess is a good thing since it would probably create a lot of panic if it were revealed, not to mention the backlash banks using that brand would get if it was discovered as well, although then again the public does have the right to know, don’t they? (more…)

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    Are You Guilty of “Wi-Fi Tapping”?

    This article was written on November 15, 2007 by CyberNet.

    piggybacking No, you don’t have to confess here if you’re guilty of “Wi-Fi Tapping,” piggybacking, or freeloading someone else’s Internet connection, but chances are, you’re not alone if you have. We’ve already talked about the simple fact that using an Internet connection that’s not yours without the owner’s consent is illegal and you can get arrested and fined for it. It’s happened. What we haven’t talked about though, is the statistic that came from a survey conducted by Sophos, a global Internet security firm which says 54% of computer users have used a broadband connection that’s not theirs without paying for it.

    According to Times Online, 11 arrests have been made (they surveyed police in England and Wales, so this number is not global). That number could easily be a lot more, except that it’s often difficult for authorities to trace. My guess is that the majority of the people who have freeloaded before have done it just to check their email real quick when they’re traveling and don’t have a connection which is completely harmless. The problem though, is that freeloaders have used it to commit crimes. Punishment is serious business — in the UK, someone found guilty faces up to a 5 year jail sentence as well as a fine of up to £1,000. In the U.S., it’s considered a third-degree felony which means up to 5 years in jail and a fine of up to $5,000 or higher.

    If you’re guilty of Wi-Fi tapping and it’s something you continuously do when you’re desperate for an Internet connection, it’s probably not a good idea. It’s easy to blame the wireless router owner who never secured their network, but should you get caught, you’d have no one to blame but yourself.

    Copyright © 2014 CyberNetNews.com

    Jafflechutes Delivers Sandwiches Via Parachutes

    Jafflechutes Delivers Sandwiches Via ParachutesJust when you thought that we have broken the next barrier in terms of robots helping mankind out with the Amazon Prime Air program, here we are with an “anti-drone” statement that is championed by a pop-up restaurant in Melbourne, Australia. Instead of using drones to deliver food, Jafflechutes has decided to make use of good old fashioned parachutes instead to get the job done.

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    Sick? How About Snacking On Some Batteries?

    Sick? How About Snacking On Some Batteries?I am quite sure that the regular battery is not on anyone’s list of foods, and it would most probably cause you an acute case of poisoning should you actually opt to eat a battery. However, when it comes to an entirely new range of in vivo electronics that claims to be able to offer healing from within, it is worth sitting up to take notice. Materials scientist John Rogers has come up with a biodegradable, ingestible battery that might just be able to deliver healing from within.

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    USC Google Glass Course For Journalism Is Forward Thinking

    USC Google Glass Course For Journalism Is Forward ThinkingThe hallowed hallways of a university or other prestigious institutions of higher learning are meant to equip us with the knowledge required to pursue the area of interest that has bugged us since we were a kid, although many of us do work at a job which is totally unrelated to the course that we majored in. At the University of Southern California, it seems that a new course known as “Glass Journalism” is all set for the fall semester, where students are required to figure out the various ways that journalists are able to “tell” stories thanks to the wonders of augmented reality and Google Glass.

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    China Demands ‘Clear Explanation’ From U.S. On NSA’s Huawei Infiltration

    China Demands Clear Explanation From U.S. On NSAs Huawei Infiltration

    Chinese companies like Huawei and ZTE have come under fire a lot, particularly in the U.S., as there were concerns mounted by Washington that these companies might develop products that would let the Chinese government snoop. The allegations have always been denied. Both China and U.S. have discussed cyberattacks at length, but a recent leak by Edward Snowden might cause a build up in tension between the two behemoths. Snowden’s latest leaks allege that the National Security Agency infiltrated Huawei and even managed to get its hands on source code for individual products. China has now demanded a “clear explanation” from the U.S. on this.

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    Ballmer Might Leave Microsoft For Good

    Ballmer Might Leave Microsoft For Good

    After co-founder Bill Gates stepped down as the company’s CEO, it was Steve Ballmer who took his place. His reign spanned decades, only to come to an end last year, when he announced in August that his replacement will be brought onboard within the next 12 months. Earlier this year Microsoft finally confirmed who takes Ballmer’s place, its Satya Nadella. Ballmer remains on the board of directors, but he might step out sooner than most people expected.

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