Brilliant young hackers, striving to build tools to change the world, are killing themselves. Just last week: Aaron Swartz, co-founder of Reddit and fierce open access activist, took his life at 26. There have been other high-profile suicides in the tech world in recent years: Ilya Zhitomirskiy, co-founder of the distributed social network Diaspora, dead at 22. Len Sassaman, a highly-regarded cypherpunk who believed in cryptography and privacy as tools of freedom, dead at 31. Dan Haubert, co-founder of the Y-Combinator funded startup Ticketstumbler, dead at 25. If these young men were like the 100 people who kill themselves in this country every day, the biggest factor contributing to their deaths was likely under-treated depression.
Online shoe retailer Zappos told customers this weekend that it has been the victim of a cyber attack affecting more than 24 million customer accounts in its database. The popular retailer, which is owned by Amazon.com, said customers’ names, email addresses, billing and shipping addresses, phone numbers and the last four digits of credit card numbers and scrambled passwords were stolen. The company, which is well known for its customer service, said due to the high volume of customer calls it is expecting it will temporarily switch off its phones and direct customers to contact via email.
Samsung Electronics, the world’s top maker of memory chips and smartphones, reported a record quarterly profit, aided by one-off gains and best-ever sales of high-end phones. The South Korean firm posted 5.2 trillion won ($4.5 billion) in quarterly operating profit, beating a consensus forecast of 4.7 trillion won by analysts surveyed by Thomson Reuters I/B/E/S. Samsung, which surged past Apple as the world’s top smartphone maker in the third quarter, only entered the smartphone market in earnest in 2010, but its handset division is now its biggest earnings generator.
Security company McAfee uncovered a series of attacks on the networks of 72 organizations including the U.N., governments and companies around the world and said there was one "state actor" behind them.
Japan’s Panasonic Corp forecast on Monday its full-year operating profit would drop 11 percent to 270 billion yen ($3.4 billion) in the year to March 2012, after the earthquake and tsunami in northern Japan hit production and sales. Like many of its rivals, Panasonic delayed its profit forecast due to lack of clarity about the effects of the quake.
Brand owners will soon be able to operate their own parts of the Web — such as .apple, .coke or .marlboro — if the biggest shake-up yet in how Internet domains are awarded is approved.
Samsung will become the world’s largest smartphone maker this quarter followed by Apple, overtaking struggling Nokia which has lead the market since 1996, Nomura said. Research firms Gartner and Canalys both said they saw Nokia — which created the smartphone market with its 1996 launch of the Communicator model — losing smartphone volume leadership later this year.
If you were miffed at not being able to tweet your innermost thoughts and random musings to your followers yesterday, or post that smartypants comment on a friend’s Facebook status update, blame politics. Turns out the reason why Twitter was knocked down for hours, while Facebook users had trouble logging in and posting to their profiles on Thursday was a Georgian blogger who uses both services.
It fell to Stone to write about the hacker who broke in to the company’s computers and stole sensitive business information. His blog on the matter — the official statement from Twitter — was dubbed “Twitter, even more open than we wanted.”