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Payments underdog Balanced challenges PayPal and Stripe with new pricing model (and momentum)

Balanced founder Jareau Wade wants people to know that Braintree and Stripe aren’t “the only payment games in town.”<p>This underdog of the online payments world grew by 757 percent in transaction volume and 784 percent in number of customers over the past year, according to Wade, and is now …

Why Startups Hire Their Own Lawyers

<b>Editor’s note:</b> <i>Daniel Doktori works in the emerging companies practice at WilmerHale in New York City and is the co-founder of the Harvard Law Entrepreneurship Project. Follow him on Twitter @ddoktori.</i><p>Airbnb challenged local hotel zoning laws, Uber took on taxi licensing requirements, and Pinterest …

Untethered jailbreak for second gen Apple TVs updated, puts XBMC next to HBO Go

The folks at Firecore are working on more than just the latest version of their Infuse media player, and just delivered an updated software package for jailbreaking second generation Apple TVs (the current third gen model has, so far, remained closed). Showing once again that jailbreaks aren't just …

NSA Trying To Develop Computer Program To Break Encryption Software: Report

Jan 2 (Reuters) - The U.S. National Security Agency is trying to develop a computer that could ultimately break most encryption programs, whether they are used to protect other nations' spying programs or consumers' bank accounts, The Washington Post reported on Thursday.<p>The report, which the …

Why Starting Small Can Lead to a Better App

4 min read<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>The biggest question mobile app developers usually ask themselves is, 'how do I reach out to my customers?' Or, 'do my customers even want the app that I'm building?'<p>Building an app that brings traction and generates wealth …

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Who is Elon Musk? Tech billionaire, SpaceX cowboy, Tesla pioneer – and real life Iron Man

By the time Elon Musk founded the company that would become PayPal, in 1999, he had already built and sold one internet business. But this time he hit the jackpot.<p>Already wealthier than most of us will ever dream of being, he netted close to $180 million from PayPal’s sale to eBay, enough to retire …

Cellphone data spying: It's not just the NSA

The National Security Agency isn't the only government entity secretly collecting data from people's cellphones. Local police are increasingly scooping it up, too.<p>Armed with new technologies, including mobile devices that tap into cellphone data in real time, dozens of local and state police …

The NSA Is Using Google's Advertising Cookies To Track Its Targets

According to the Washington Post's new analysis of an internal presentation Edward Snowden leaked earlier in the year, the NSA has been using the numeric identifiers in Google's "PREF" cookies for hacking.<p>A cookie is a small piece of data sent from a website that is stored in a user's browser. In …

NSA mass collection of phone data is legal, federal judge rules

A legal battle over the scope of US government surveillance took a turn in favour of the National Security Agency on Friday with a court opinion declaring that bulk collection of telephone data does not violate the constitution.<p>The judgement, in a case brought before a district court in New York by …

NSA’s backdoor catalog exposed: Targets include Juniper, Cisco, Samsung, Huawei

An internal NSA catalog offers spies backdoors into a wide range of equipment from major computing and security vendors, according to an article …

RSA’s Deal With The NSA Reflects A General Mistrust

Here’s how it works when a big company believes that its power is in its girth: They enter this bizarre world that leads them to believe that what comes from their PR organs is enough to float their troubles away. It’s all about denial and avoiding any potential shareholder backlash. And so we come …

NSA reportedly intercepting laptops purchased online to install spy malware

According to a new report from <i>Der Spiegel</i> based on internal NSA documents, the signals intelligence agency's elite hacking unit (TAO) is able to conduct sophisticated wiretaps in ways that make Hollywood fantasy look more like reality. The report indicates that the NSA, in collaboration with the …

The NSA Reportedly Has Total Access To The Apple iPhone

As with most good stories, revelations of the NSA spy program will almost certainly keep getting worse before anything gets better.<p>Yesterday we reported on claims—based on leaked NSA documents—that the spy agency was rerouting laptops ordered online to install spyware and malicious hardware on the …

The NSA Can Reportedly Gain Backdoor Access To A Slew Of Tech Products

The National Security Agency knows no boundaries — and has tools for spying that span computers, keyboards, firewalls and servers, or nearly all the security architecture created by major tech companies. That’s according to German news magazine Der Spiegel, which got its hands on an internal NSA …

Writing 'Rudolph': The Original Red-Nosed Manuscript

Everybody knows Rudolph was the last reindeer to join Santa's crew, but few people know about the department store copywriter who brought his story to the world.<p>The year was 1939, the Great Depression was waning and a manager at Montgomery Ward in Chicago decided that the store should create its …

Legendary hacker Geohot busts rhymes instead of code

Meet 'tomcr00se'<p>George "Geohot" Hotz has accomplished many things. In 2007, aged just 17, he became the first person to successfully jailbreak an iPhone, and within three years he'd also managed to hack the until-then secure PlayStation 3. After Sony filed a lawsuit against him for the hack, Hotz …

Target Offers 10 Percent Discount As An Apology For That Massive Security Breach

Target CEO Gregg Steinhafel issued an apology on the company’s website Friday to the approximately 40 million customers affected by one of the largest credit-card breaches ever to hit a U.S. retailer.<p>To make up for the problem, which Steinhafel said has been "eliminated," Target is offering …

Act now if you want a vanity Web address on Vine

Stick with your original Twitter handle (as our own Helen Popkin did) or pick a new URL for your Vine Web presence.<p>If you use Vine, Twitter's micro-video sharing app, you'll want to head over to the service's website today; the service is launching Web profiles, and you can reserve your vanity …

Exclusive - Secret contract tied NSA and security industry pioneer | Reuters

SAN FRANCISCO (Reuters) - As a key part of a campaign to embed encryption software that it could crack into widely used computer products, the U.S. National Security Agency arranged a secret $10 million (£6 million) contract with RSA, one of the most influential firms in the computer security …

NSA review panel recommends an end to bulk collection of phone records

The president's NSA review panel has recommended an end to bulk data collection, as reported by <i>The Washington Post</i>. The panel's statement speaks out against the NSA's pattern of bulk collection, stating as a general rule that "the government should not be permitted to collect and store all mass, …

Snowden says ruling vindicates leak of NSA files

He says decision that collection of phone data is unconstitutional is 'the first of many.'<p>Edward Snowden said Monday that his decision to expose National Security Agency surveillance programs was vindicated by a federal judge's ruling that the mass collection of phone data is probably …

Khan Academy & Comcast team up to bring affordable Internet to low-income families

The problem with online education is that it’s so limited to people with high-speed Internet access.<p>The poorest and most rural communities, who could stand to benefit most from free online education, often lack reliable broadband. So Comcast, the maligned cable company, is making its largest …