7 Days in News (04-01-2012)


1. No Shelter From a Cybercrime Storm

The Anonymous hacker collective has run riot this holiday season, and security experts predict more pain from cybercriminals at large for the coming year. Anonymous announced earlier that it had also cracked the systems of gear vendor SpecialForces.com. As a follow-up to its breach of private think tank Stratfor's systems last week, the hacker collective, or its stepchild Antisec, dumped all the information stolen from the Stratfor break-in on the Web on Friday.


2. Kodak's bankruptcy seems inevitable
The Wall Street Journal on Wednesday reported that 131-year old photography and imaging technology company Eastman Kodak is preparing to file for Chapter 11 bankruptcy protection after more than four straight years of unprofitability.

Last September, Eastman Kodak began restructuring under law firm Jones Day, and in November sold off itsImage Sensor Solutions business to private equity firm Platinum Equity for an undisclosed sum.

Kodak's 10-C filing with the Securities and Exchange Commission at that time warned that the company might have to liquidate more of its assets to meet its debt obligations:

"If we cannot fund our liquidity needs, we will have to take actions such as raising additional capital; reducing or delaying capital expenditures, product development efforts, strategic acquisitions, and investments and alliances; selling additional assets; restructuring or refinancing our debt; or seeking additional equity capital. Such actions could increase our debt, negatively impact our credit ratings and customer confidence in the Company’s ability to provide products and services, reduce our ability to raise additional capital, and delay sustained profitability. We cannot assure you that any of these remedies could, if necessary, be affected on commercially reasonable terms, or at all, or that they would permit us to meet our scheduled debt service obligations."

Among these assets are more than a thousand patents for photographic imaging, inkjet printing, as well as digital image enhancement and correction. It is currently unclear whether the company will be selling these patents off outright, or whether they'll be sold to the highest bidder in a bankruptcy auction.

The company faces delisting from the New York Stock Exchange if it cannot raise the value of its shares, which have languished below the single dollar mark for more than 30 days.

3. Microsoft Dances on IE6's Grave
Microsoft celebrated the demise of Internet Explorer 6 on Tuesday after usage estimates put the Web browser's marketshare at under 1 percent in the U.S. Microsoft was as happy as anyone to see the browser go. The company has been running a kill campaign for IE6 for years, with Microsoft executive Amy Bazdukas stating in 2009 that "friends don't let friends use IE6," and launching a deathwatch website for the browser last March. A blog post Tuesday announcing the browser's death ran with picture of a cake that read, "Goodbye, IE6!"

4. Skynet: Hackers Dream Up Censor-Proof Satellite Internet Grid
A group of computer enthusiasts have begun working on creating a satellite network that could be used to thwart censorship on the Internet. Called the "Hackerspace Global Grid," the network could provide a way for activists to access the Net when a repressive regime suppresses access within its borders. The network would be based on a number of low orbiting "cube" satellites that would be networked in a way similar to the Internet. If one satellite were to be disabled, for example, its functions could be rerouted to others in the network.

5. One Year Later: MS Exchange Practices Most Companies Should StillShun
Over a year ago, we presented a list of the top 10 worst practices that you should avoid if you want to maintain the performance and uptime of your Microsoft Exchange email system. Since then, some things have changed, while others have not. So here's a revised Top 10 List of "Don'ts" to point out which practices still hold true and which do not. First, let's look at what has not changed. Storage strategies have changed very little. The use of JBOD is not a one-size-fits-all strategy, so when considering this approach, be sure to weigh all of the risks and costs.

6. Will iPad 3 Sport a Sharper Image?
What will the iPad 3 look like? According to current speculation, it will have a sharper screen, a better camera and longer battery life. Apple will quadruple the resolution of the display of the new generation of iPad over the current model, according to a recent report. The 9.7-inch Retina panel will have QXGA resolution of 2,048 by 1,536 pixels. What's more, dual LED lights will be added to improve the brightness of the screen, which reportedly will be made primarily by Sharp, with some additional units made by Samsung and LG Electronics.

7. 2012 Plans and Dreams From the Linux Blogs and Beyond
Well 2012 has arrived at last, and not a moment too soon! Not only can we finally dispense with all the holiday festivities, but we can also say goodbye to a year that was far too tempestuous for comfort. Here's hoping that 2012 will be a lot less exciting here in the technology world! Of course, one last obligation still to be fulfilled on this cusp of the new year is the making of resolutions. Linux Girl's is to get up close and personal with more of the distros out there, beyond just Ubuntu and Mint; she's also hoping to dust off and photograph her world-class collection of plastic toy penguins.

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