Best Of FORBES: NSA Uses 'Leaky' Apps To Hunt Data, Bitcoin Arrests

Jan 28 2014, 1:02am CST | by

“It’s well known (and blithely accepted) that mobile advertising firms collect personal data from mobile apps for marketing purposes. Now it looks like government agencies have been trying to exploit those same programs to collect data too — though how much they have successfully collected is still unclear” — Parmy Olson. Read Report: NSA Hunts For Personal Data From ‘Leaky’ Mobile Apps

“The widening circle of arrests in the investigation of the Silk Road drug market sites just extended into the heart of the Bitcoin community. The Department of Justice announced Monday that it’s arrested Charlie Shrem, CEO of the Bitcoin payment processor BitInstant and vice chairman of the Bitcoin Foundation, as well as Robert Faiella, an alleged underground Bitcoin exchanger, and accuses the two of selling more than $1 million worth of bitcoins to users of the Silk Road anonymous black market for drugs” — Andy Greenberg. Read Winklevoss-Funded Bitcoin Startup CEO Arrested In Silk Road Investigation

“Apple got the iPad Christmas it had promised investors, selling more tablets than analysts anticipated. But iPhone sales fell short, even after CEO Tim Cook introduced two new models, and the sales forecast for the quarter ending in March fell short of expectations. The shares dropped more than 6 percent in extending trading” — Connie Guglielmo. Read Apple Gets Its iPad Christmas, But iPhone Sales, Forecast Disappoints, Shares Fall

“Want to protect your kids from drug-resistant bacteria? Open your wallet. Governments and insurance companies need to commit to paying 10 or 50 times more than they already do if industry is going to put resources into fighting the threat of superbugs” — Matthew Herper. Read How To Avert An Antibiotic Apocalypse

“It’s inevitable that ESPN fans will eventually watch more games online. The smart guys at the Disney-owned network have to figure out how to get viewers there without alienating the cable and satellite companies who pay ESPN the highest per-subscriber fee in the cable universe. The company’s main strategy is WatchESPN. The free app lets cable subscribers watch ESPN content online for free as long as they authenticate. That means the viewer has to be a paying cable (or FIOS) subscriber” — Dorothy Pomerantz. Read ESPN Tries To Have It Both Ways

And with the Super Bowl and Olympics around the corner, check out some of the latest sports coverage on FORBES:

“This Sunday the Denver Broncos will play the Seattle Seahawks in the first-ever outdoor, cold-weather Super Bowl, at MetLife Stadium in East Rutherford, New Jersey. The forecast, for now anyway, calls for temperatures in the mid-30s on February 2nd. It may even rain and snow” — Monte Burke. Read Why An Outdoor, Cold-Weather Super Bowl Is A Great Idea

“Another Olympic year, another round of guessing whose mug is likely to wind up on the next Wheaties box. Who gets the big endorsements after the Games? Gold medalists, yes. Good looks don’t hurt either” — Tom Van Riper. Read Sochi 2014: Nick Goepper, Mikaela Shiffrin and 8 Other Olympians Poised To Win Marketing Gold

FORBES news:

“Very little shocks me about the media business any more. Even less catches me off guard when it comes to digital media. Then came the 24 hours after the NFL championship game between Seattle and San Francisco. That’s when I watched the power of mobile and social come together on Forbes.com like never before” — Lewis DVorkin. Read Inside Forbes: Two Surging Forces — Mobile and Social — Unite to Drive the News Business

Source: Forbes Business

 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Global entrepreneurship summit boost for SMEs
Marrakech, Nov 22 (IANS) Nine agreements were signed between the Moroccan General Confederation of Enterprises (CGEM) and several small and medium enterprises (SMEs) as well as between major Moroccan banks and start-ups at the 5th Global Entrepreneurship Summit (GES 2014) held in Morocco.
 
 
NASA's flying saucer among 'Best of What's New'
Washington, Nov 22 (IANS) NASA's Low-Density Supersonic Decelerator (LDSD), a spacecraft that aims to facilitate the safe landing of future Mars missions, has earned a place in the the Popular Science magazine's "Best Of What's New" list.
 
 
Indian helping to light up Gambia (Diaspora Feature)
Banjul (Gambia), Nov 22 (IANS) Like many Indians who are proving to be philanthropists around Africa, Ram Mohan has set up a social business called Comafrique Intelizon Initiative and has embarked on the replacement of candles in villages in the Gambia with solar lights from India.
 
 
Leopards in human areas not conflict animals: Study
New Delhi, Nov 22 (IANS) Leopards in human areas are not always "stray" or "conflict" animals but residents with strategies to thrive in human dominated areas, says the first GPS-based study of leopards in India.
 
 
 

Latest from the Network

Amazon Black Friday: Samsung UN32H5203 Black Friday TV Deal is Best Seller on Amazon
Amazon begun to take pre-orders on 15 Samsung TV Black Friday 2014 TV deals. All deals are the at the lowest advertised prices in Black Friday ads. All Samsung Black Friday deals seem to be controlled by Samsung. Amazon...
Read more on Black Friday Countdown
 
Evangeline Lilly appreciated new Hobbit role
Evangeline Lilly found it ''liberating'' playing a new character in 'The Hobbit' movies. The former 'Lost' actress joined the cast as Tauriel in second movie 'The Hobbit: The Desolation of Smaug' and though she was...
Read more on Movie Balla
 
Indian smuggler shot by Nepal police
Kathmandu, Nov 22 (IANS) Nepal Police shot dead an Indian national along the Nepal-India border while he was smuggling weapons from India. The incident took place Saturday afternoon in Bishnupura village of Rupandhei...
Read more on Politics Balla
 
Battle with IS militants continues in Iraq
Baghdad, Nov 22 (IANS) Iraqi security forces launched a major offensive against Islamic State (IS) militants in the western province of Anbar Saturday, even as fighting continued in the province of Salahudin, a...
Read more on Politics Balla
 
Global entrepreneurship summit boost for SMEs
Marrakech, Nov 22 (IANS) Nine agreements were signed between the Moroccan General Confederation of Enterprises (CGEM) and several small and medium enterprises (SMEs) as well as between major Moroccan banks and start-...
Read more on Business Balla
 
Five killed in Indonesia landslides
Jakarta, Nov 22 (IANS) At least five people were killed and many houses damaged in landslides in Indonesia's North Sumatra Saturday, an official said here. Heavy downpour caused the landslides in Sibio Bio village of...
Read more on Politics Balla
 
Al-Shabaab claims responsibility for Kenya bus attack
Nairobi, Nov 22 (IANS) Somalia-based militant group Al-Shabaab Saturday claimed responsibility for the killing of 28 bus passengers in Kenya. Al-Shabaab spokesman Sheikh Ali Mohamud Rage said the dawn attack on the...
Read more on Politics Balla
 
Force India cars to start 13th, 14th at Abu Dhabi
Abu Dhabi, Nov 22 (IANS) Force India drivers Sergio Perez and Nico Hulkenberg will start 13th and 14th at the season ending Formula 1 Abu Dhabi Grand Prix to be held at the Yas Marina Circuit here Sunday. In Saturday'...
Read more on Sport Balla
 
Chandhok finishes 6th in Putrajaya ePrix
Putrajaya (Malaysia), Nov 22 (IANS) India's Karun Chandhok, driving for Mahindra Racing, eventually finished sixth to bring home eight points despite racing for a podium spot for most of the Formula E Putrajaya ePrix...
Read more on Sport Balla
 
Australia replace Sandhu with Conway in team facing India
Melbourne, Nov 22 (IANS) New South Wales (NSW) fast bowler Harry Conway replaced bowler Gurinder Sandhu in the CA XI squad in the first tour match against India as the Indian-origin player was selected for the NSW...
Read more on Sport Balla