On Tuesday, an unknown person broke into an underground vault and sliced three high-capacity internet cables, disrupting service for various businesses and residents around Sacramento, California, USA Today reports.
This attack is part of a series of at least 11 that the FBI is currently investigating that stretch from the San Francisco Bay Area to Sacramento, according to the report. The attacks have generally occurred in concealed locations that are unmonitored by devices like security cameras.
“When it affects multiple companies and cities, it does become disturbing,” FBI Special Agent Greg Wuthrich told USA Today. “We definitely need the public’s assistance.”
While we normally think of internet crime as related to hacking and compromised personal data, physical attacks can wipe out coverage for a large swath of users. The fiber-optic cables that were targeted Tuesday are used to carry huge amounts of data between hubs before it’s distributed to homes and businesses on smaller networks.
But what was the motive for these attacks? At the present time, it’s unclear, but JJ Thompson, CEO of a security firm, told USA Today it could be a test. “When it’s situations that are scattered all in one geography, that raises the possibility that they are testing out capabilities, response times and impact. That is a security person’s nightmare.”
Though the FBI hasn’t commented on a possible motive, the relationship between the tech sector and the general population has been fraught with tension over the past few years in San Francisco. Protesters have accused companies like Google of callously driving residents out of the area, and destroying the unique culture of the Bay Area. In many ways, these recent attacks are a visceral reminder that technology can be broken by violent action.
Sports sponsorship announcements tend to be banal affairs.
There’s usually a boring press conference where nobody says anything of interest. And then there’s the photoshoot where the team’s manager and the sponsor’s CEO exchange a polite handshake. Everybody goes home, and it’s mostly all forgotten about by the next day.
But there have been some sponsorship photoshoots that are too awkward — some painfully bad — to just pass us by. They need to be shared. And shared again years later. We’ve collated some of the best examples from the past decade or so.
All our Christmasses came at once in October 2000 when Vodafone announced its sponsorship deal with Manchester United.
Ole Gunnar Solskjær (far right) isn’t posing for the publicity shot. He’s ringing his agent to demand a contract review.
“I was once the most respected footballer in Norway.”
Four of Uber’s 10 biggest cities are in China, CEO Travis Kalanick told investors in an email obtained by the Financial Times last month.
Uber operates in 11 Chinese cities, with plans to launch in 50 more cities with a population of 5 million people or more this year.
But Uber faces stiff competition in China in the form of a company called Didi Kuaidi. It was created in February when competing apps Kuaidi Dache and Didi Dache merged to cut the costs of competing with each other — and more importantly, Uber.
In a leaked memo to investors last week, Didi Kuaidi CEO Cheng Wei said that his company is processing 3 million trips in China every day. That’s three times the number of rides Uber is giving throughout the country.
Cheng, whose company is raising $1.5 billion at a $15 billion valuation, also said in the leaked memo that the 3 million figure is triple the number of rides Didi Kuaidi was doing in May.
Uber is increasingly ubiquitous internationally — it operates in more than 300 cities globally. It would appear that for now, at least, Uber is still being dwarfed in China as Didi Kuaidi dominates the Chinese market. Though it runs two separate apps (Didi and Kuaidi), both share the same core technology and data. Didi Kuaidi accounts for 78% of ride bookings in China, according to industry researcher Analysys International, while Uber accounts for only 11%.
To give Uber credit, though, it’s still growing like crazy in the country. Uber’s service is taking off in China much faster than it did in the United States. Nine months after launching in Chengdu, Uber has 479 times the trips it had in New York after the same amount of time.
And Uber is putting a lot of money into its Chinese growth. Uber has previously raised more than $5 billion in several funding rounds, including a $600 million investment from Chinese search engine company Baidu.
Uber certainly already has a leg up on its US rivals: Lyft, perhaps its closest competitor, hasn’t even expanded outside the States yet. But if Uber wants to achieve global expansion, it needs to work within the legal regulations in the Asia-Pacific area as well as work to make its Indian customers happy.
The upcoming iPhone refresh cycle has prompted many to say that Apple Inc. (NASDAQ:AAPL) would suffer a decline in its present iPhone lineup; however, sell-side analysts are divided on the notion. One analyst bases his view on iPhone re-sales, and says that iPhone 6’s and 6 Plus’ demand is still strong, while others stick to […]
Argus Feed: July 1, 2015 11:09 am ABQJournal Online » Business » Albuquerque Journal News
In January, there was a lot of chatter at the Detroit Auto Show about how General Motors had unveiled a “Tesla killer” in its new Bolt, a compact electric car with a range of 200 miles and a price tag of $30,000.
Tesla is aiming to introduce it own mass-market car, the Model 3, in 2017. It’s expected to cost around $35,000, serve up 200-plus-mile range, and of course feature all the tech-y Tesla goodies that we know so well from the Model S sedan (over-the-air software updates, great performance, a massive touchscreen infotainment system).
I didn’t take the “Tesla killer” talk seriously in January, arguing that if GM wanted to, it could put Elon Musk’s company out of business tomorrow. But why do such a thing? For the traditional auto industry, Tesla functions as a glorious laboratory for innovation and magnet for risk.
The situation, however, may be changing.
GM looks to be pushing hard to beat Tesla’s Model 3 to market — by at least a year! The Bolt is currently being manufactured and is going through preliminary testing, prior to moving to full production.
The overall electric car market has been pretty iffy for the past five years. Most startups have failed. The EVs created by the traditional automakers have met with generally weak demand. Tesla has been steadily increasing its deliveries and is expected to sell 55,000 cars this year, but that needs to be placed in context: GM sold nearly 260,000 cars and trucks in June alone.
Tesla is essentially a market of one. The company could have assumed that it would have the runway to mass-market adoption all to itself through 2018, but GM doesn’t appear to want that to happen.
Why? Because GM has become much more strategic since its 2009 bailout and bankruptcy. Before the financial crisis, GM was a truck-and-SUV company. It had left small cars to its Asian and European partners and divisions, and chose to ignore this market, with its negligible profit margins, in the US.
Then gas prices spiked and the bottom fell out for SUVs. GM decided that it needed to crack the code on small cars in order to remain competitive in a market with high gas prices and rising government fuel-economy standards.
The automaking giant appears to have concluded that it’s not strategically sensible for Tesla to be the only real mass-market EV producer. It’s one thing to watch as Tesla innovates but sells primarily an exotic luxury vehicle for $100,000. It’s quite another to see a compact EV market with several hundred thousand in potential vehicle sales and … just … let … somebody else gobble it up.
This should be worrying for Tesla. The company has to have a big hit with the Model 3, selling a massive number, relative to previous Tesla vehicles, within a few years of rollout.
GM, meanwhile, could gradually ramp up Bolt sales for years. And it wouldn’t have to worry about competing against Tesla’s “Tesla-ness” because at a $30,000-ish price point, Tesla isn’t going to be able to maintain the same high-tech luxury aura is does with its current lineup.
The auto industry is mightily impressed by Tesla, but it also knows that the car maker has an Achilles’ heel.
Last year, I asked Bob Lutz, GM’s former product czar, about Tesla’s business prospects. He was fairly direct about the reality of Tesla’s market position.
“There’s nothing about [Tesla’s] battery technology that can’t be copied by another car company,” he said. “Or it could simply buy batteries.”
Lutz argued that Tesla’s success is due in part to design, and I tend to agree with him. Prior to Tesla, electric cars were boring and virtuous. After Tesla, they became hot, fast, and sexy.
The Bolt is not going to be hot, fast, or sexy — but that’s the mass market for you. The Model 3 could be sexy, but we won’t know until early 2016, when Tesla is scheduled to reveal some designs. Until then, for pretty much the first time in its existence and assuming the Bolt hits the market as planned, Tesla will be playing catch-up with a major automaker.
You’ll be able to download apps, music, and movies much faster on the upcoming iPhone 6S compared to the iPhone 6, according to 9to5Mac’s Mark Gurman.
His latest report suggests that a new chip inside Apple’s next iPhone will significantly boost LTE performance — even doubling that of the iPhone 6.
The processor that will power the new iPhone is likely to include Qualcomm’s MDM9635M chip, says Gurman, who has obtained a photo of the iPhone 6S’ logic board.
It would be a big win for people who are tired of waiting a while for large apps and movies to download on their iPhones. Gurman notes that you’ll be able to download content at a rate of 300 megabits per second (Mbps) when connected to LTE on the new iPhone. To put that in perspective, the iPhone 6 is only capable of downloading files at 150 Mbps.
You’ll notice this the most when you’re downloading content rather than just browsing the web, the report says.
Here’s the photo of the iPhone 6S logic board that Gurman posted:
This new Qualcomm chip is also more power efficient, Gurman writes, which means the next iPhone could have better battery life than the iPhone 6. In general, the motherboard in the iPhone 6S is also narrower, which could potentially allow Apple to include a larger battery.
Apple isn’t likely to unveil its next iPhone until September, but various leaks already provide a glimpse at what to expect. It sounds like the addition of a Force Touch screen, faster LTE speeds, and a better camera are projected to be the most significant improvements.
Morning Headlines: -Midwest is drier in northwestern areas in the 6-10 day period. Showers in far southern areas through the weekend will maintain wetness concerns. However, wetness should ease a bit in central and northern areas. The 6-10 day outlook is drier in northwestern areas. Temperatures are cooler in western areas. The 11-15 day outlook […]
Earlier today, the Census Bureau reported that overall construction spending increased in May:The U.S. Census Bureau of the Department of Commerce announced today that construction spending during May 2015 was estimated at a seasonally adjusted annual …