22May 2014 by Startbit Solutions Pvt. Ltd. No Comments

Flipkart Acquires Myntra, to Invest $100 Million in Fashion Business

Internet and Media, News
Flipkart, India's largest e-tailer, acquired online fashion portal Myntra on Thursday and said it would invest $100 million (roughly Rs. 584 crores) in the fashion business. "It's a 100 percent acquisition and going forward we have big plans in this segment," said Sachin Bansal, co-founder of Bangalore-based Flipkart. Financial details of the deal were not disclosed but a source in the company said the transaction was valued at close to $300 million (roughly Rs. 1,752.4 crores).
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22May 2014 by Startbit Solutions Pvt. Ltd. No Comments

Zero-day flaw haunts IE 8 for 7 months and counting

Internet and Media, News
An Internet Explorer 8 vulnerability goes unfixed by Microsoft for more than half a year, reports the Zero Day Initiative. A critical security flaw in Microsoft's Internet Explorer 8 has gone unfixed since October 2013, according to a new report from the Zero-Day Initiative. The report, which was issued because of ZDI's policy to reveal zero-day flaws that go unfixed for more than 180 days, says that the vulnerability allows an attacker to run malicious code in IE 8 when you visit a website designed to infect your computer. Microsoft learned of the zero-day -- the term given to a previously unknown, unpatched flaw -- in October but has been unable to fix it. Whether that's because IE 8 is the last version of the browser to support Windows XP,…
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30Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

“Heartbleed” bug uncovering cyber-criminals

Internet and Media, News
The Heartbleed bug has turned cyber criminals from attackers into victims as researchers use it to grab material from chatrooms where they trade data. Discovered in early April, Heartbleed lets attackers steal data from computers using vulnerable versions of some widely used security programs.   Now it has given anti-malware researchers access to forums that would otherwise be very hard to penetrate. The news comes as others warn that the bug will be a threat for many years. French anti-malware researcher Steven K told the BBC: "The potential of this vulnerability affecting black-hat services (where hackers use their skills for criminal ends) is just enormous." Heartbleed had put many such forums in a "critical" position, he said, leaving them vulnerable to attack using tools that exploit the bug. Source: BBcNews
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17Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

IIT-Delhi open`s its doors for Public on “Saturday”

Internet and Media, News
Ever wondered what the insides of a laboratory at the Indian Institute of Technology-Delhi looks like? How about wanting to see a robotics show or perhaps witness a mini quadcopter take to the skies? You’re in luck, for IIT-Delhi’s traditional “Open House”, where it throws open its doors to the good citizens of the city, is happening this Saturday. “Almost all our laboratories, departments and research will be open to the public on this day. Along with over 500 projects that showcase innovations in engineering and technology, science and humanities, design and management,” said Prof. Joby Joseph, who is the “Open House” chairperson this year. “This time, we have given special attention to design, and socially relevant and commercially viable projects,” he added. “A lot of students have already confirmed…
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10Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

Heartbleed bug security alert

Internet and Media, News, Techniques
There's nothing users can do until the web services have made their sites secure. The best advice for web users to wait for few days and then change the passwords on the web services you use. For websites, the fix-it involves installing software patches on computers in their data-centres, then swapping out the confidential software key used to secure messages and transactions. Users will largely need to depend on individual sites to notify them about whether the flaw has been addressed. Many major web services, like Yahoo, have already released such notices. It's a good time to review your passwords in general and any kind of formula that can help you to be protected from these types of bugs. The Heartbleed scare, even if it doesn't turn out to hurt…
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08Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

Windows XP operating system’s Support ends Today

Internet and Media, News
Support for the venerable Windows XP operating system ends this Tuesday. It means that there will be no more official security updates and bug fixes for the operating system from Microsoft. Some governments have negotiated extended support contracts for the OS in a bid to keep users protected. Security firms said anyone else using the 13-year-old software would be at increased risk of infection and compromise by cyber-thieves. Statistics suggest 20-25% of all users have stuck with XP despite the fact that there have been three major releases of Windows since its debut in 2001. Some of those existing XP users have struck deals to get security fixes from Microsoft while they complete their migration away from the ageing code. Anyone currently running Windows XP already faced a disproportionate risk…
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07Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

NASA would develop a ‘GitHub for astronauts’

Internet and Media, News, Social Responsibilities, Software Development, Techniques
If you have studied rocket science, NASA would enable you to make your own space craft! From April 10, the US space agency is set to reveal its enormous database highlighting where to find software for more than 1,000 of its projects. "NASA would offer a searchable database of projects," Daniel Lockney, technology transfer program executive at NASA, was quoted as saying in a Daily Mail report. We have collected a large amount of software projects, everything from design tools to robotic control systems, Lockney added. NASA would develop a 'GitHub for astronauts' by hosting the actual software code in its own online repository, which will be found at technology.nasa.gov. The data can be accessed free of copyright, but special clearance would be needed for anyone who wants to access…
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05Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

Virtual Currency Sales is now allowed on eBay

Internet and Media, News
To promote a trustworthy marketplace and ensure compliance with applicable regulations, eBay updated its Currency Policy in February. The updated policy clarifies that listings for Bitcoin and other similar virtual currencies must be listed in the Virtual Currency Category in the Classified Ad format. In terms of mining gear and mining contracts, those can be listed as auction or Buy It Now.   eBay, & PayPal, has added a new Virtual Currency  to their sales site, allowing users to sell virtual currency like bitcoin, as well as miners, and mining contracts. The category is sparsely populated right now and the listings are all classified ads, suggesting that eBay wants buyer and seller to hash out their sale outside of the company’s jurisdiction, thereby reducing risk of become liable for scams and fake sales. The company…
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05Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

Is Firefox’s future under threat?

Blog, Internet and Media, News
The survival of her company, which pledges to make the web a better place, is at the mercy of one of its main competitors, Google. If you haven't heard of Mozilla, you almost certainly know - and perhaps use - its most famous product: the Firefox browser. Since 2002, it has been steadily gaining market share against Internet Explorer (IE), Microsoft's pre-loaded, oft-criticised equivalent. It now has about half a billion users, a huge number of which are evangelists for the software. Many even help create it - it is one of the largest open-source projects on the net. Google likes this. So much so, they pay Mozilla millions of pounds every year to secure a piece of prime real-estate on Firefox's default homepage encouraging users to perform a Google…
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04Apr 2014 by Startbit Solutions Pvt. Ltd. No Comments

Indo-American Develops Paper Microscope “Foldscope”

Internet and Media, News, Techniques
An Indian-origin scientist has developed an incredibly low-cost microscope made almost entirely out of a very unlikely material - paper. The Foldscope, developed by Manu Prakash from Stanford University, contains three stages - a specimen stage in which the slide is placed, an optics stage that holds a ball lens and an illumination stage that contains an LED light. In order to view the specimen sample, users have to place their eyebrow against the paper with their eye close to the lens, in a fashion similar to the use of a traditional microscope. Magnification and image panning are controlled by the user's thumbs, including sliding to view different parts of the image and using a simple flexing mechanism to control magnification, according to 'The Stanford Daily'. Field testing has revealed…
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