Friday, June 24, 2011

Tech Today: Anonymous, We Hardly Know Ye

A protester wears an Anonymous mask at a rally in London’s Trafalgar Square.

Anonymous, We Hardly Know Ye : A picture is slowly emerging of the Anonymous “hactivist” collective, and its spinoff LulzSec. “What once was just a righteous rabble-rousing by Anonymous in the name of Internet freedom,” The Wall Street Journal writes, “has mutated into more menacing attacks.”

The story reveals how Anonymous likely emerged from the anarchic message boards of 4Chan to launch attacks against the Church of Scientology and organizations that had cut ties to WikiLeaks—moves reflecting the group’s beliefs in Internet freedom. But somewhere down the line Anonymous went from paralyzing websites to stealing from them, says one former member.

The WSJ tracks down a Boston-based logistics handler for Anonymous and a Dutch hacker, and former ally, who now believes that Anonymous is targeting him. Particularly chilling is the story of a security firm CEO who found his email compromised, his marital issues revealed and his Twitter feed filled with racist rants. [WSJ]

Winklevii Give Up Quest Against Facebook: Cameron and Tyler Winklevoss, the brother-brother team made famous in “The Social Network,” are finally taking their money and going home. Yesterday the twins decided not to appeal a settlement in their legal dispute with Facebook and its founder Mark Zuckerberg over the origins of the social-networking site. In April a San Francisco appeals court had ruled that ConnectU, the company the twins formed at Harvard along with partner Divya Narendra, had to abide by a 2008 settlement that awarded them $20 million in cash and $45 million worth of private Facebook stock.

The agreement effectively ends a dispute that has dragged on since Mr. Zuckerberg launched Facebook in 2004. [WSJ]

Yahoo Grits Teeth, Prepares for Shareholder Meeting: CEO Carol Bartz will face tough questions today concerning the lack of revenue growth under her reign and Yahoo’s troubled China dealings. Last month the company said it was blindsided when its Chinese partner Alibaba transferred ownership of its online-payment business to a new company owned by Alibaba CEO Jack Ma. The WSJ reports that many investors are fed up. “The turnaround under Bartz has been a bust,” said Eric Jackson, founder of Ironfire Capital LLC. [WSJ]

Foursquare Signs with AmEx: Yesterday the popular location-based app that allows users to “check in” and share their location with friends signed a national partnership with AmEx. The card company will soon offer discounts to cardholders when they use Foursquare to check in at various businesses. Foursquare will get no revenue from the deal. TechCrunch takes the New York-based start-up to task, writing that the company better up its game, “especially if it wants to justify that billion-dollar valuation in its next round of funding.” [New York Times,TechCrunch]

Apple Likely to Lose ‘Appstore’ Restriction: A federal judge said that Apple’s court attempt to bar Amazon.com from using “Appstore” will probably be denied. [Bloomberg]

Congresswoman Wants to End 4G Confusion: U.S. Rep. Anna Eshoo (D-Calif.) has introduced a bill requiring carriers to better explain their 4G coverage. “My legislation is simple–it will establish guidelines for understanding what 4G speed really is, and ensure that consumers have all the information they need to make an informed decision,” Ms. Eshoo said in a statement. Until the carriers and the feds get that straightened out, CNET has a quick guide on what consumers need to know. [

Source: http://blogs.wsj.com

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