IBM Plans To Layoff 100,000+ Staff Members

IBM Plans To Layoff 100,000+ Staff Members

IBM (NYSE: IBM – news) is reportedly planning its largest corporate layoff ever – cutting 111,8000 of its staff. A report by a respected Silicon Valley journalist for Forbes says around 26% of the company’s 430,000-strong workforce will be cut this week. Reporter Robert X Cringely wrote: “To fix its business problems and speed up its ‘transformation’, next week about 26% of IBM’s employees will …

Read Article Source at Yahoo Finance UK

IoT – 50 Billion Interconnected Devices

IoT – 50 Billion Interconnected Devices

50 Billion Interconnected Devices

Massive expectations, promise and concerns for the explosion of the Internet of Things (IoT). We are moving into a hyper evolving, fast forward future of the technological unpredictable. It’s fun and exciting, but also incredibly scary to many (Think Terminator).

“If the IoT estimates are correct then we will soon be living a world along with 50 billion interconnected devices within the next 5-10 years. No one, however, seems to be talking about the data that will need to be processed from all these devices, sensors, and monitors….” Read Article Source at Forbes

To add to the topic of IoT, we’ve come across an interesting image on Twitter via @simonlporter highlighting the current interconnectivity of devices used today.

devices-ping

 

2014 Worst Passwords: Is Yours On The List?

2014 Worst Passwords: Is Yours On The List?

2014 Worst Passwords

Many people don’t realize how important strong passwords are as most users take a very lackadaisical approach to password creation. Lets be real, this is more lazy than ill-informed.

According to CBC News, and data compiled by SplashData, most people’s passwords are incredibly vulnerable to cyber threats. The IT firm has been compiling password data for the last 4 years on this subject. Here are some of the findings.

Among the worst passwords list we can find ‘123456’ ‘password’ and ‘letmein’ if yours is one of them, you’d better change it. “New additions to the Top 25 for 2014 include: baseball, dragon, football, mustang, access, master, michael, superman, 696969 and batman.”

A few tips on protecting your password/s: Don’t use words like qwerty, asdfg and 12345, Never use your birthday, your name is not a password. Try to use alphanumeric passwords with unconventional phrases to make it more difficult for hackers to use brute force attacks to access your account.

How You Might Be Exposing Your Company to the Hazards of Darknet

How You Might Be Exposing Your Company to the Hazards of Darknet

Exposing Your Company to the Hazards of Darknet

If your organisation doesn’t already have enough corporate network security concerns, here is one more for good measure. Anonymous web browsing technology such as The Onion Router (Tor) have allowed users to engage in criminal activity which could become a huge problem for companies unaware of users who are hiding such activity using Tor or the Dark Net.

darkweb

According to InformationAge.com:

Tor is often associated with illicit activity like child pornography, selling illegal substances, identity theft, and money laundering. Users browsing the Tor network (for illicit purposes or not) from a corporate environment can unknowingly open up the company to hosting malicious or unlawful content.

Organisations not actively prohibiting employee use of the Tor Network or at least monitoring Darknet activity could be setting themselves up for huge liabilities.

Read more here 

Google And SpaceX

Google And SpaceX

Google thinks on investing $1 Billion on SpaceX

Google is thinking to invest on Space Exploration Technologies, Corp. (SpaceX). The Company looks to strengthen their satélite communications in order to provide internet access to remote regions. According to The Wall Street Journal

Google has been considering satellite-based Internet service for more than a year. In late 2013, it hired satellite-industry veteran Greg Wyler, who at one point last year had more than 10 people working for him. Mr. Wyler left Google last summer and is now developing his own satellite-Internet venture.”

SpaceX and Google’s vision for developing and launching satellites would cost around $10 billion and take at least 5 years to build and develop. Google and SpaceX have discussed using optical disk technologies on their satélites, but laser beams don’t easily pass through clouds. That leaves radio waves as the most reliable option to deliver communications.

It will be interesting to see how this plays out.

Exciting Times For The Future of Canadian Technology

Exciting Times For The Future of Canadian Technology

The Future of Canadian Technology

2015 is Canada’s year as companies like Shopify, Vision Critical, and Georgian Partners II are preparing to go public.

According to the Financial Post.

Mr. Nathan, managing director of Kensington Capital Partners, made the prediction Monday while announcing the Kensington Venture Fund’s four initial investments, a program launched in partnership with the Government of Canada’s Venture Capital Action Plan in November.

Canadian tech firms have been experiencing unprecedented growth in the last six years. And companies like Shopify and Vancouver’s Vision Critical are preparing to go public. It appears that Canada is starting to care about developing their own tech solutions as the growth potential is unprecedented in the Canadian industry.

Exciting times for the future of Canadian Technology!

Samsung’s Silicon Valley HQ is almost complete

Samsung’s Silicon Valley HQ is almost complete

Samsung is trying to expand and assert its influence in the market by building a huge new HQ in the Silicon Valley.

Recently according to Wired.comThe campus was designed by Seattle-based architecture firm NBBJ. Design strategies that borrow insights from neuroscience and “big data” analytics have made NBBJ exceedingly popular among tech industry heavyweights.”

Scheduled to open in two years, Samsung’s new HQ look forward to changing the way Silicon Valley buildings are made. The building shies away from the typical Valley corporate buildings by making its structure more centered in the human needs. This is not the sole innovation, as the building’s steel columns are designed in a cut-away style to resemble a 3-D print. Also, the building’s glass structure will allow co-workers to see each other in order to boost creativity and collaboration between them.

Google’s Glass – Back To The Drawing Board

Google’s Glass – Back To The Drawing Board

Back To The Drawing Board

Google’s “smart” glasses suffered a setback that send them to the drawing board. Glass test version will be revised and thoroughly tested before sending them to the stores.

google-glass

According to Financial Times:

Despite Google’s efforts to paint the changes at Glass as the next logical progression for a product heading towards full commercial existence, it was unable to disguise the scale of the reversal. Glass had already become Exhibit A for critics who accuse the company of undermining personal privacy for personal gain.”

Google Glass is one of the companies boldest moves, but as bold as it is, Glass failed to fulfill its expectations. As Google’s profit rises, also its spending rises and this could be a big setback on Google’s main projects, like Glass and the driverless cars. The company decided to change Glass project management to re-test the product and rethink the way it’s going to be made.

This, of course, contradicts Google former promises of releasing the product any time soon. However, despite Google’s tries on painting the decision as a strategic one, the product turned out to be a questionable choice. Nevertheless, Google seems impervious to critics, as they plan to continue with Glass despite the product being one of the biggest setbacks the company has suffered in years.

By Diego Salinas

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