lundi 26 septembre 2011

Shaw Capital Management: Get latest Financial News

http://npccindia.com/2011/08/shaw-capital-management-get-latest-financial-news/

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mardi 13 septembre 2011

Shaw Capital Management Financial News: Facebook pays $40,000 to bug spotters

http://shawcapitalmanagementfinancialnews.com/2011/09/09/shaw-capital-management-financial-news-facebook-pays-40000-to-bug-spotters/


Shaw Capital Management Financial News: Facebook pays $40,000 to bug spotters

Posted by Shaw Capital Management Financial News on September 9, 2011 in economyfinancial,latest news |
http://money.cnn.com/2011/08/30/technology/facebook_bug_bounty/?cnn=yes
By Laurie Segall @CNNMoneyTech August 30, 2011: 3:01 PM ET
facebook-bug.top.jpg
NEW YORK (CNNMoney) — Facebook wants you to try to hack into its site — and if you succeed, it will pay you for the details.
Facebook said this week that that it has paid out more than $40,000 under its new “bug bounty” security initiative. Launched three weeks ago, Facebook’s program invites security researchers — both the professional kind and hacker hobbyists — to send it the details of any Facebook vulnerabilities that they uncover. If the report checks out, Facebook will pay a finder’s fee of at least $500.
It’s willing to go higher for extra-impressive bug spotting.
“We’ve already paid a $5,000 bounty for one really good report,” Facebook Chief Security Officer Joe Sullivan wrote in a blog post. “One person has already received more than $7,000 for six different issues flagged.”
Although the social networking has its own security team, Facebook launched its bug bounty program to tap into the collective wisdom of the site’s 750 million users.
“We hire the best and brightest, and have implemented numerous protocols,” Sullivan wrote. “We realize, though, that there are many talented and well-intentioned security experts around the world who don’t work for Facebook.”
Researchers from more than 16 countries have successfully submitted bounty bugs, Facebook said. Its public “thank you” list names dozens of contributors.
Facebook also took pains to assure bug-hunters that it won’t take any legal action against those who submit bugs, even if they were uncovered through less-than-legal routes into Facebook’s systems.
That’s often how hackers find vulnerabilities, but even those without any ill intent — so-called “white-hat hackers” — can land in hot water with companies if they tell them about their intrusion.
“We worked with several third-party groups to ensure that the language in our policy protects researchers and makes clear our intent to work with, not punish, those who report information,” Sullivan wrote.
The Electronic Frontier Foundation, an advocacy group that often weighs in on Internet-related legal issues, is a fan of that approach.
“We hope to see others follow Facebook’s lead and go even further,” the EFF wrote last year about Facebook’s security policy. “The more transparent companies are about their approaches to vulnerability disclosure — and the more they encourage users to come forward — the more often they will learn about problems that need to be fixed.”

mardi 6 septembre 2011

Blog-Shaw Capital Management News: Google Declares War On Slow Web Pages

http://blog.shawcapitalmanagement-news.com/2011/08/01/blog-shaw-capital-management-news-google-declares-war-on-slow-web-pages/


http://www.informationweek.com/news/internet/google/231002853
In its ongoing quest to make Web apps as fast as desktop software, Google Page Speed Service accelerates Web page load times.
By Thomas Claburn InformationWeek
Slideshow: Top 15 Google Apps ForBusiness
(click image for larger view and for full slideshow)Google has made speed its watchword because it’s a Web company and Web services still have trouble keeping up with software that runs locally. To make the Web experience better, Google and its Web peers like Mozilla have been tuning their JavaScript engines over the past few years and pursuing speed gains anywhere they can be found. The search giant has also pushed for faster Internet connectivity, through lobbying and ultra-fast broadband tests in a few communities. Its goal is to make Web page load times cease to be noticeable.
We’re not there yet. Web page bloat is still a problem. Unpredictable network conditions continue to be a fact of life online, particularly on mobile networks, so it’s still advisable to optimize Web pages for rapid loading.
Two years ago, Google released a browser extension called Page Speed to help Web developers and publisher evaluate Web page performance. It performs tests on Web pages to identify potential slowdowns. With leaner Web pages, site owners can expect happier users and better engagement, or so the theory goes.
Google’s speed obsession remains ongoing. Last year, the company released an Apache module called mod_pagespeed that rewrites the Web pages it serves to load faster. This year, Page Speed was offered as an API, so that developers could integrate performance analysis testing into their workflows.
In cloud computing, WAN optimization is a necessity.
Discover how to address network limitations to successfully implement a cloud-based system.
The most recent manifestation of Google’s fixation on speed is the Page Speed Service, an online service that accelerates web page load times.
“To use the service, you need to sign up and point your site’s DNS entry to Google,” said Google engineering manager Ram Ramani in a blog post. “Page Speed Service fetches content from your servers, rewrites your pages by applying Web performance best practices, and serves them to end users via Google’s servers across the globe. Your users will continue to access your site just as they did before, only with faster load times.”
According to Ramani, Google has seen speed improvements ranging from 25% to 60%.
Initially, Page Speed Service is being offered to a limited set of website owners at no charge. However, it will be a fee-based service when it’s made widely available later this year. Those interested in access can request admission through a Google Web form.
You can’t afford to keep operating without redundancy for critical systems–but business units must prioritize before IT begins implementation. Also in the new, all-digital InformationWeek SMB supplement: Avoid the direct-attached storage trap. Download it now. (Free registration required.)

dimanche 4 septembre 2011

Shaw Capital Management Financial News: Warning to Victims: 8 charged in alleged $40 million fortune-telling scam

http://shawcapitalmanagementfinancialnews.com/


FORT LAUDERDALE, Fla. — Prosecutors say a family amassed $40 million in a fortune-telling scam, warning victims that if they didn’t follow their advice, terrible things would happen to them or their loved ones.
Details spilled out in federal court Friday after eight people were arrested earlier this week.
Assistant U.S. Attorney Laurence Bardfeld said victims who were going through vulnerable phases forked over cash, gold coins and jewelry. The defendants promised victims they wouldn’t spend the money, but then refused to return it.
The Sun Sentinel reported that one victim, a bestselling author, gave an estimated $20 million.
Citing “several sources,” the newspaper identified that victim as Jude Deveraux, author of dozens of New York Times bestsellers.
‘Operation Crystal Ball’
Authorities started investigating in 2007 after a victim complained about losing $3,000.
The Sun Sentinel said other alleged victims included a person from Japan who handed over $496,000.
According to NBCMiami, the multi-agency, multi-state investigation was dubbed “Operation Crystal Ball.”
An attorney for one family member said the clan provided counseling for victims who had nowhere to turn.
The Associated Press and msnbc.com staff contributed to this report.

jeudi 1 septembre 2011

Shaw Capital Management Financial News Directory: House calls off Thursday vote on Boehner’s debt-limit plan

http://shawcapitalmanagementfinancialnews.com/2011/08/01/shaw-capital-management-financial-news-directory-house-calls-off-thursday-vote-on-boehners-debt-limit-plan/


http://content.usatoday.com/communities/onpolitics/post/2011/07/house-debt-limit-vote-john-boehner-/1
Updated at 1o:54 p.m. ET
The U.S. House called off a Thursday night vote on Speaker John Boehner’s plan to raise the nation’s $14.3 trillion debt ceiling, after GOP leaders failed to round up enough votes to pass the measure.
A Tuesday deadline is looming. The government could default on its financial obligations and not have enough money to pay its bills if Congress does not raise the nation’s borrowing authority.
After two hours of debate, the House stalled late into the night to buy more time for last-minute arm twisting on the Boehner plan. He’s trying to raise the debt limit in a two-step process, while cutting spending each time by an amount greater than the debt increase.
Boehner met with resistant lawmakers throughout the day, even though his measure will likely die when it reaches the Democratic-controlled Senate. Some members of the House GOP majority are balking because they believe the Boehner plan does not cut enough spending.
“This bill is not perfect,” the speaker said. “I’ve never said it was perfect. Nobody in my caucus believes it’s perfect.”
Senate Majority Leader Harry Reid had vowed his chamber would take up the House bill immediately after the House acts — but only to defeat the measure. The White House has threatened to veto the GOP plan.
“No Democrat will vote for a short-term Band-Aid that would put our economy at risk,” Reid said.
The White House gigged the House GOP via Twitter. “Clock ticks towards August 2, House is naming post offices, while leaders twist arms for pointless vote. No wonder people hate Washington,” Communications Director Dan Pfeiffer tweeted.
Fears that the partisan deadlock in Washington won’t be broken by the Aug. 2 deadline caused the stock market to tumble this week. The impasse on raising the debt ceiling also has raised the possibility that America’s AAA credit rating — and that of five states such as Virginia and Maryland — will be downgraded.
The concerns within the GOP caucus, especially from freshmen elected with Tea Party support, underscore Boehner’s challenge. He needs 217 votes to pass his bill, and if about two dozen of his GOP members balk — as some vote counts suggest — he’ll need some help from Democrats to get his bill to the Senate.
Freshman Rep. Trey Gowdy, R-S.C., said he could not support the Boehner bill “in its current form.” His home-state colleague, Tim Scott, also is a “no” vote and he’s a part of Boehner’s leadership team.
“I’d like something systemic that transcends election cycles, like a balanced budget amendment,” Gowdy said.
Rep. Jason Chaffetz, R-Utah, who is in his second term, says he’ll vote “no” because the GOP plan doesn’t cut enough in federal spending. He told NPR he wasn’t swayed by Boehner’s plea Wednesday for Republicans to “get your ass in line” and follow his lead.
“I didn’t come here to go along to get along. These arguments of ‘get behind me’ aren’t persuasive,” Chaffetz said.
The speaker tweaked his proposal Wednesday after the non-partisan Congressional Budget Office said it would not cut the deficit as much as the speaker had said it would.
The plan calls for the debt limit to be raised by $900 billion, with accompanying spending cuts of about $917 billion over the next decade. Another vote to raise the debt ceiling by another $1.6 trillion would held next year, as long as Congress passes another $1.8 trillion in spending cuts to be proposed by a new commission.
Reid’s plan would raise the debt ceiling by $2.7 trillion through 2013. His plan calls for $2.2 trillion in cuts to federal spending, with more than half coming from an end to the wars in Iraq and Afghanistan.
(Contributing: Jackie Kucinich and Associated Press)