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Showing posts from June, 2012

FDA to regularly inspect foreign drug manufacturing

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English: Logo of the . (Photo credit: Wikipedia)
A Food and Drug Administration bill designed to increase inspections of foreign drug manufacturing sites, while also speeding up approvals of new drugs at home, is headed to the president's desk after an overwhelming approval in the Senate.
The Senate approved the must-pass piece of the legislation by a vote of 92-4, and President Barack Obama is expected to sign it into law within days.
The core of the bill is critical to the FDA because it bolsters the agency's budget with billions of dollars in drug industry fees, which the government uses to hire additional scientists to review new medicines.
But lawmakers seized on the legislation to address recent concerns about the safety and quality of prescription medicines, especially those that are imported. The bill also gives the FDA new tools to combat drug counterfeiting and drug shortages, which have made headlines in the past year.
"This legislation will help bring critical…

Two LulzSec plead guilty to hacking

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LONDON, ENGLAND - JUNE 27: Ryan Cleary stands outside Southwark Crown Court on June 27, 2011 in London, England. Mr Cleary is charged with hacking into the website of the United Kingdom's Serious Organised Crime Agency as part of a Scotland Yard and FBI investigation into online hacking group LulzSec. (Image credit: Getty Images via @daylife)
Two reputed members of the hacking group Lulz Security (LulzSec) pleaded guilty in the United Kingdom today to series charges related Web site attacks in the UK and overseas, according to reports. Ryan Cleary, 20, and Jake Davis, 19, admitted to conspiring with other members of LulzSec to hack a number of websites in 2011, including Sony Pictures, HBGary, Britain's National Health Service and Nintendo. Cleary pleaded guilty to a total of six charges out of eight; Davis to two out of four. Formed in May 2011, LulzSec has been tied by authorities in the United States and U.K. to attacks on a number of targets ranging from sites b…

Apple - Motorola legal battle over

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The 20-month-old legal fight between Apple and Motorola over alleged patent-infringement claims is now over after the trial judge dismissed the case after lashing some of Apple's key legal arguments in his 38-page court decision. In his written opinion in the case, which was released June 23, U.S. District Court Judge Richard Posner criticized the approach that Apple took in bringing the matter to court. The two companies have been fighting in court over the design of their competing mobile devices. Instead of seeking damages for the alleged infringements, Apple sought an injunction to protect it in the future from what the company claimed was irreparable damage from continued infringements of its patents by Motorola, the judge wrote. "By failing to present a minimally adequate damages case, Apple has disabled itself from arguing that damages would not provide a complete remedy … [Apple] harps on the loss of consumer goodwill and market share, as a ground for an…

Microsoft buys Yammer

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Image via CrunchBase
Microsoft Corp agreed to buy online social network firm Yammer Inc for $1.2 billion in cash, which will allow the software company to offer a service like Facebook Inc's to corporate customers.
Talk of a deal had circulated earlier this month, but the two companies only confirmed an agreement on Monday.
Four-year-old Yammer, which has 5 million users of its private, in-company social networks, helps companies' internal communications and collaboration by allowing employees to form groups and interact with each other freely. Companies such as Ford Motor Co, Supervalu and Deloitte are customers.
The 400-employee firm will keep its headquarters in San Francisco but will become part of Microsoft's Office unit under Kurt DelBene in Seattle. Yammer will still be led by current CEO David Sacks, a former PayPal executive.
The service should fill a growing gap that Microsoft was struggling to fill with its SharePoint application for creating private w…

PayPal offering security bounty

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Image via CrunchBase
PayPal is expanding its security-bug-reporting program to include a bounty for reported vulnerabilities, joining a growing list of vendors—including Google, Adobe, Mozilla and Facebook—with similar programs. The online payment services company, like others with bounty programs, is hoping to convince people who find security flaws in its operations to report those vulnerabilities to them rather than selling them on the open market. PayPal officials are looking for vulnerabilities in four particular areas—XSS (cross-site scripting), CSRF (cross-site request forgery), SQL injection or authentication bypass—and will determine the amount of bounty to be paid out on a case-by-case basis, depending on the severity and priority of the problem. PayPal developers will fix the vulnerability, then issue the fix to PayPal’s production environment. Then the person who found the vulnerability will be paid—via PayPal.

Banking Trojans

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Underground developers for the two major banking Trojans, Zeus and SpyEye, have honed their techniques for automated theft to the point that even two-factor authentication can be bypassed easily and automatically, according to a report released by Trend Micro this week.
The evolution of the banking Trojans heralds tough times ahead for financial institutions, the firm says. Banks have relied on additional factors of security, such as one-time password tokens, to hinder the efforts of online thieves, according to the report. While cyber-criminals have been able to get around the defensive measures, they had to monitor the attacks in real time. The evolving ability of the programs to steal money automatically through, what Trend calls, "automated transfer systems" means that banks stand to lose more money.
"A hacker had to be waiting around for the signal, and essentially be on point immediately when notified about a real two-factor authentication compromi…

Precise Payments Solutions for Pharmacy

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Precise Payment Solutions - Virtual Terminals for ACH and Credit Card Processing

Precise Payments has a very secure and reliable multi-currency platform for credit card processing and automated check handling (ACH); available with market leading fraud minimization systems and premium support services for small or large businesses with or without processing experience.
We deal with following business and others too.
ADULT, GAMING, PHARMACY, TRAVEL SERVICES, MULTI-CURRENCIES, HIGH AVERAGE TICKETS, CREDIT/DEBT COLLECTIONS, POOR CREDIT, ELECTRONICS, MAIL ORDER, TELEPHONE ORDER, HIGH RISK, HIGH VOLUME, TIMESHARES, REAL ESTATE, HERBAL SUPPLEMENTS, FINANCIAL CONSULTING, TELEMARKETING, DATING WEBSITES, EBOOK DOWNLOADS, SOFTWARE DOWNLOADS, SEO SERVICES, EVENT TICKETS, PREPAID DEBIT CARDS, CALLING CARDS, VOIP SERVICES, TELECOMMUNICATIONS, MLM MARKETING, DIRECT SELLING, BUSINESS OPPORTUNITIES, FFL DEALERS, ANNUAL CONTRACTS, MAGAZINE SALES, VACATION RENTALS, GENERIC DRUGS.
We take business based i…

Norway's Statoil to triple oil and gas production

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Statoil (Photo credit: Wikipedia)
Norway's Statoil (STL.OL) aims to triple its North American oil and natural gas production by the end of the decade as it ramps up spending in oil-rich prospects, and it also plans to develop Australian shale gas, the company said on Wednesday.
Statoil expects to produce 500,000 barrels of oil equivalent a day (boepd) in North America by 2020, up from the 149,000 boepd produced in the first quarter of this year, as it moves away from barely profitable natural gas fields to concentrate on more lucrative liquids-based acreage.
Meanwhile, Statoil has entered into a partnership with Canada's PetroFrontier Corp (PFC.V) to explore for shale gas in Australia, it said on Wednesday.
The majority of the increases in North America will come from U.S. operations focused in the Marcellus, Eagle Ford and Bakken shale plays, said Bill Maloney, president of Statoil North America. Some 100,000 boepd will be produced from offshore assets in the deep…

Facebook launches London 2012 page

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Image via CrunchBase
Social media site Facebook launched its London 2012 page on Monday which the International Olympic Committee (IOC) hopes will help simplify the event for fans.
The Explore London 2012 page, 18 months in the making, and the culmination of a partnership with the IOC and the London Olympic Organising Committee (LOCOG) will enable users online access to their chosen athletes, sports and countries.
"I think that anything that simplifies, or makes it a little bit easier to understand or follow the people you like, has got to be a good thing," IOC Director of Communications Mark Adams said.
The IOC said the page was part of a non-commercial project with Facebook.
Facebook will be subject to the strict rules which govern Olympic sponsorship, marketing and videos, meaning they will not display advertising around its Explore London 2012 page and athletes will not be able to post videos of themselves in the Games venues.
Facebook's EMEA director of p…

Global resources killing people

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At least one person is being killed in an environmental dispute around the world each week as the battle for land, natural resources and forests becomes increasingly violent, a report said on Tuesday.
Global Witness, a human rights group focused on the exploitation of natural resources, said at least 106 people were killed in 2011 alone, nearly twice the death toll in 2009, in targeted attacks and clashes in resource-rich countries such as Brazil, Indonesia and Peru.
A total of 711 people were killed from 2002 to 2011 in such disputes, or more than one a week, it added, saying a culture of impunity pervaded which meant few convictions were made.
"It is a well-known paradox that many of the world's poorest countries are home to the resources that drive the global economy," the report said. "Now, as the race to secure access to these resources intensifies, it is poor people and activists who increasingly find themselves in the firing line."
Natural res…

Olympic officials breaching rules

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London Organising Committee of the Olympic Games and Paralympic Games (Photo credit: Wikipedia)
The IOC has launched an investigation in to allegations by The Sunday Times (£) that 27 Olympic officials and agents, representing 54 countries, were prepared to breach regulations on ticket sales. Oswald, part of the IOC executive committee and the London organising committee, insisted: "These people should no longer belong to theOlympic movement." Oswald, who participated in Sunday's emergency IOC meeting via conference call, suspects there will have been similar cases at every previous Olympic Games but never a scandal on this scale. He claimed: "We will ask for the documents and the tapes, whatever is existing from The Sunday Times. If this is confirmed then sanctions must be taken. "For me (banning them from distributing tickets in the future) would not be enough. These people should no longer belong to the Olympic movement. People were awa…

Microphones in Canadian Airports

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Friends of mine recently bumped into a member of the Canadian Secret Service. He said he spent most of his time gardening because Canada doesn't really have enemies.
Perhaps the northern sister of the U.S. has decided to give its security forces a little more to do, as Ottawa airport will now be graced with bugging microphones.
No, these aren't necessarily being strategically placed where suspicious people might gather -- wherever that might be. And yes, they will be capable of recording conversations between any travelers (or airport employees) who happen to fall within their range.
The Ottawa Citizen reports that the Canadian Border Services Agency quite happily admits that the audio technology is already in place.
Its representative told the Ottawa Citizen: "It is important to note that even though audio technology is installed, no audio is recorded at this time. It will become functional at a later date."
I am sure that travelers to Canada's capital will fe…

another Zynga executive leaves

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Image via CrunchBase
A Zynga Inc executive overseeing one of the social gaming company's most successful games has left to join Identified, a startup social network for young professionals.
Brian Chu, formerly the lead project manager of Zynga's hit CityVille, said Friday he will be vice president of product at the San Francisco-based startup.
CityVille had been Zynga's biggest hit over the past year, only recently ceding its position as the most popular game on Facebook to another Zynga title, Texas HoldEm Poker.
In recent months, several notable mid-level executives have left Zynga, which went public in December but has suffered a steep fall in its stock price. In March Groupon Inc, which runs the daily deals website, poached Curtis Lee, a Zynga director of product management.
Chu said he left Zynga amicably and with "the door open."

high risk credit card processing

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eComTechnology payment processing - High Risk Credit Card Processing .
Since 2003 eComTechnologyprovides merchant account credit card processing services to businesses, working with not only traditional businesses but high risk and high volume businesses as well. eComTechnology is established with many International Business and Banking Services and will match your company with a Bank worldwide. Some of our accepted businesses: ADULT, PHARMACY, GAMING, TRAVEL SERVICES, MULTI-CURRENCIES, HIGH AVERAGE TICKETS, CREDIT/DEBT COLLECTIONS, POOR CREDIT, ELECTRONICS, MAIL ORDER, TELEPHONE ORDER, HIGH RISK, HIGH VOLUME, TIMESHARES, REAL ESTATE, HERBAL SUPPLEMENTS, FINANCIAL CONSULTING, TELEMARKETING, DATING WEBSITES, EBOOK DOWNLOADS, SOFTWARE DOWNLOADS, SEO SERVICES, EVENT TICKETS, PREPAID DEBIT CARDS, CALLING CARDS, VOIP SERVICES, TELECOMMUNICATIONS, MLM MARKETING, DIRECT SELLING, BUSINESS OPPORTUNITIES, FFL DEALERS, ANNUAL CONTRACTS, MAGAZINE SALES, VACATION RENTALS, GENERIC DRUGS.
Asia, United…

Skout suspends under 17

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Skout suspended its 17-and-under community following reports of men posing as teenagers to prey on minors on the mobile social network.
The creators of the popular location-based flirting app suspended the site at 1 p.m. PT to adjust safety and security measures, according to Skout's blog post on the suspension.
In the last two weeks, three cases of reported sexual assault against minors involved men who allegedly posed as teenagers in the Skout forum for 13 to 17-year-olds in order to meet or identify their victims, according to the New York Times.
In Escondido, Calif., a 24-year-old man was accused of raping a 12-year-old girl. In another case, a 15-year-old girl said she had been raped by a 37-year-old man she met using Skout. In the third, a 21-year-old man in Waukesha, Wis.,
Image via CrunchBase is facing charges that he sexually assaulted a 13-year-old boy, according to Patch.com.
Skout is partnering with a risk management advisory firm to ensure make the best technical safeg…

Internet trolls could be censored

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Beware of trolls (Photo credit: Wikipedia)
Website operators may soon be forced under planned new British laws to reveal the identity of those who post defamatory comments on their forums, a move that aims to protect victims by speeding up what is often a lengthy and expensive legal process.
Justice Secretary Kenneth Clarke said the proposed approach would give greater protection to operators who complied with the procedure, ahead of Tuesday's second reading in Parliament of the Defamation Bill.
"As the law stands, individuals can be the subject of scurrilous rumor and allegation on the web with little meaningful remedy against the person responsible," said Clarke in a statement.
"The government wants a libel regime for the Internet that makes it possible for people to protect their reputations effectively but also ensures that information online can't be easily censored by casual threats of litigation against website operators."
Both members of t…

Open Garden lets you piggyback WiFi

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Wi-Fi Alliance logo (Photo credit: Wikipedia)
Traveling and looking for Internet access? A new smartphone app allows users to share mobile Web access for free with other people nearby who have the same app.
Called Open Garden, the app forms a mesh network that enables each person connected to it to relay it to other users.
"Every smartphone is a computer and a router, so we thought it was the right time to interconnect all of these devices together to make general access more ubiquitous," said Micha Benoliel, co-founder and CEO of the San Francisco-based company Open Garden.
"As long as the devices are in proximity they recognize themselves seamlessly. If one device in the mesh has access to the Internet, then the other device can benefit from it," Benoliel added.
If a smartphone user with Open Garden is in a cafe or hotel and does not have access to Wi-Fi, but someone else does, the user can piggyback on the other person's connection.

Related articlesNew app a…

bring your own device

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With the rise of bring-your-own-device (BYOD) initiatives and free, cloud-based file-sharing changing the way businesses are operating, IT administrators are largely unable to police the use of these tools within their organizations, according to a SkyDox report that surveyed more than 4,000 employees who handle or distribute information in the United States and the United Kingdom.
While employees have embraced free file-sharing platforms—66 percent of those surveyed use free versions of these services to store or share documents-- IT administrators overwhelmingly haven’t been able to provide viable alternatives to free, unauthorized applications and prevent the adoption of unsecure applications Among those who do use file-sharing platforms, 55 percent do so without alerting their IT departments, which could pose a risk corporate assets, sensitive information and intellectual property being distributed, modified and stored without authorization, the report said.
The dilemma is likely…

LinkedIn breach

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LinkedinAnswers (Photo credit: Wikipedia)
In the wake of a massive security breach on the business networking site LinkedIn, which resulted in the leaking of roughly 6.5 million user passwords and their subsequently published on an unauthorized website, the company has issued a blog post to answer some of the most frequently asked questions about the breach. The company has also enlisted the help of the FBI for an investigation into the breach. “We want to be as transparent as possible while at the same time preserving the security of our members without jeopardizing the ongoing investigation,” wrote LinkedIn director Vicente Silveira. We take this criminal activity very seriously so we are working closely with the FBI as they aggressively pursue the perpetrators of this crime.” Silveira noted the compromised passwords were not published with corresponding email logins, and that the majority of passwords were “hashed”, meaning they were still encoded, however he confess…

Google's web browser to rival microsoft's operating system

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Image via CrunchBase
Google’s Web browser, Chrome, is headed to rival Microsoft’s latest operating system, Windows 8 Metro—sort of. Google began work on a Metro-style enabled desktop browser, a version of Chrome that will run in both the Metro and desktop environments of Windows 8 on x86, back in March. The company didn’t offer a specific release date for Chrome, only noting users will be able to test it out in the next Chrome Dev channel release by setting it as the default browser. The company also pointed out Chrome won’t run in WinRT (Windows 8 on ARM processors), as Microsoft is not allowing browsers other than Internet Explorer (IE) on the platform. “The initial releases of Chrome in Metro mode will include integration with the basic Windows 8 system functionality, such as charms and snap view,” Google software engineer Carlos Pizano wrote in a blog post. “Over the next few months, we’ll be smoothing out the UI on Metro and improving touch support, so please feel fr…

Dell creating a startup fund

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English: Dell Logo (Photo credit: Wikipedia)
Dell is creating a $100 million fund to help startups get their companies up and running and—hopefully—to create relationships that will make some of them long-term Dell customers. The Dell Innovators Credit Fund isn’t to invest in companies, according to Steve Felice, president and chief commercial officer at Dell. Most of these startups already have venture capital backing or angel investors funding the development of their products. A significant hurdle they’re facing is the difficult and time-consuming process of getting financing from banks for such needs as IT equipment. “In this economy, we’re really trying to address a [problem] that these companies are still having—trouble getting credit,” Felice told eWEEK. The goal is to get these startups the fast access to capital they need for technology solutions, he said. Via the fund, these companies and their backers can get up to 10 percent of their funded amount—or up to $15…

Summer Sailstice global holiday

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Summer Solstice Sunset (Photo credit: erik9000)Summer Sailstice is a global holiday that celebrates sailing.  Held on the weekend closest to the summer solstice, it is the longest day to be on the water! Last year more than 17,000 sailors participated, representing all 50 U.S. states, and more than 40 countries. Sign up to spend the longest day of the year on your favorite boat, and be eligible for prizes! You can also commit to protecting the ocean by pledging your support to Sailors for the Sea. 

more merchant guidelines for payment processing

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eComTechnology Merchants Rake In More Dollars
eComTechnology, a provider of alternative payment solutions, has made US-based merchants that use their European payment solutions more US dollars.
Despite the challenging economic times, the continued exchange rate of the Euro versus the US dollar has given merchants that use eComTechnology's EuroDebit and DirectPay solutions a fair advantage, as they bill their European clients in Euros and as such these merchants receive more dollars for each euro.
For those merchants that enjoy a currency advantage, eComTechnology will furthermore provide their non-European merchants the option to receive their funds in Euros.
Merchants that do not use European billing solutions should give these options some serious consideration, as there is no indication that the advantage that eComTechnology's merchants experience will let up anytime soon.
Related articlesPayment processing guidelines at eComTechnology(ecomtechnology.com)