Wednesday, July 03, 2013

MC2 Post 1636 Sammy Pays Some Big Bucks for Boxee








Boxee acquired by Samsung, reports Peg Sale 
at $30 million




From:  http://www.theverge.com



Samsung is an unexpected suitor for the company. According to today's report, Boxee — which is based in New York and has offices in Tel Aviv — will retain its 45 employees following the acquisition. The startup had raised a total of $28.5 million in funding and was reportdly seeking another $30 million before it opted to pursue an acquisition.








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Android Flaw Allows Hackers to Surreptitiously Modify Apps



From:  http://arstechnica.com



The weakness involves the way legitimate Android applications are cryptographically signed to ensure they haven't been modified by parties other than the trusted developer, according to a blog post published Wednesday by researchers from mobile security startup Bluebox. 

The flaw has existed since at least the release of Android 1.6 almost four years ago.

Hackers who exploit the vulnerability can modify app code to include backdoors, keyloggers, or other malicious functionality without changing the verification signature.
















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