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Hackers Can Hijack Cars with Alarm Apps

Security researchers from Pen Test Partners claim they've found serious security vulnerabilities in high end car alarm services from Viper and Pandora. In a quick demonstration, the researchers showed that an attacker could pull up behind a moving vehicle with one of the commercial security systems installed, set off the alarm, disable the engine, unlock the doors, then drive off with it in a matter of minutes. On top of that, the researchers say they could geolocate vehicles, pull up owner and car details, and in some cases, adjust cruise control speed or snoop on drivers through a microphone. The researchers say the exploits affect up to 3 million vehicles around the world, and confirmed that the vulnerabilities they found were quickly fixed by the manufacturers, but note that they "have no idea if there are other vulnerabilities in the API."

Amazingly, the vulnerabilities are relatively straightforward insecure direct object references (IDORs) in the API. Simply by tampering with parameters, one can update the email address registered to the account without authentication, send a password reset to the modified address (i.e. the attacker's) and take over the account. It's possible to geo-locate and follow a specific vehicle, then cause it to stop and unlock the doors. Hijack of the car and driver is trivially easy. We found the flaws prior to fitting the alarms, but wanted to purchase and fit them to our vehicles for a full proof of concept.

Posted by alphaatlas March 08, 2019 10:33 AM (CST)

Activision and EA CEOs Appear on List of "Most Overpaid" in the US

Non-profit foundation As You Sow has published its latest report of the 100 most overpaid CEOs, and Activision's Bobby Kotick and EA's Andrew Wilson made the list. Kotick is in the 45th spot with a pay of $28,698,375, which is "306 times more than his average employee." PC Gamer points out Activision "recently celebrated record profits while laying off hundreds." Wilson earned "$35,728,764, which is 371 times more than his average employee."

The report notes that while shareholders have started to oppose the huge amounts of cash being earned by CEOs generally, their pay is still increasing. "Yet overall CEO pay continues to increase. According to Institutional Shareholder Services (ISS) the average pay for a CEO in the S&P 500 grew from $11.5 million in 2013 to $13.6 million in 2017. An analysis by the Economic Policy Institute, which includes the cashing in of stock options, found that 'in 2017 the average CEO of the 350 largest firms in the U.S. received $18.9 million in compensation, a 17.6 percent increase over 2016.'"

Posted by Megalith March 02, 2019 11:40 AM (CST)

Microsoft CEO Defends US Military Contract That Some Employees Say Crosses a Line

That letter from Microsoft employees arguing the company shouldn’t supply HoloLens technology to the US military was written in vain, as Satya Nadella has confirmed the $480M contract will go ahead as planned. The CEO told CNN the following during an interview at Mobile World Congress: "We made a principled decision that we're not going to withhold technology from institutions that we have elected in democracies to protect the freedoms we enjoy. We were very transparent about that decision and we'll continue to have that dialogue [with employees]."

[Brad Smith, the company's president and chief legal officer] wrote in a blog post published last year on Microsoft's website that the company would help employees who didn't want to work on specific projects to switch to another part of the business. But he said the company would continue its "longstanding support" for the US Defense Department. "All of us who live in this country depend on its strong defense," he wrote in the blog. "The people who serve in our military work for an institution with a vital role and critical history."

Posted by Megalith March 02, 2019 11:10 AM (CST)

Intel CEO Bob Swan Discusses the PC Market and More

Intel CEO Bob Swan was interviewed by CNBC's Jon Fortt at the Mobile Trade Congress where he discussed topics such as the PC market, 5G, FPGAs, and more. While Intel won't have 5G chips for modems available right away, we should expect to see them the second half of this year. These are slated for applications in smartphones, automotive industry and more. Intel expects to corner 40% of that market over the course of the next few years. A recent Financial Times article questioned Intel's investment spending binge. Some investors think that Intel is spending too much on R&D in various markets, but new Intel CEO Bob Swan countered that with this statement. "If we want to play in a much larger market we're going to continue to invest more in R&D, there's no question about that," he said. "We don't want to get too penny wise and pound-foolish so we don't invest for the future." He also discussed the need for Intel to "bring computer memory closer to the processors." Mr. Swann noted that Intel's traditional strength lies in its process technology and this would give Intel an advantage in memory chips.

Intel's efforts to move faster beyond its core business of making processors for PCs and servers has brought a surge in spending. It has spent heavily on memory chips, GPUs and modems for wireless devices, while also paying out more than $30bn in the two biggest acquisitions in its history. The spending has weighed on its finances. R&D and capital spending jumped from a combined $12bn at the start of the decade, or 27 per cent of its revenue, to $29bn, or 40 per cent of revenue, last year.

Posted by cageymaru February 25, 2019 1:51 PM (CST)

Software Pirates are Allegedly Hijacking Apple's Enterprise Developer Certificates

Apple's Developer Enterprise Program has gotten quite a bit of scrutiny after both Facebook and Google seemingly violated the program's guidelines. Now, Reuters reports that "software pirates" are abusing the program to distribute modified versions of apps that enable users to "stream music without ads and to circumvent fees and rules in games, depriving Apple and legitimate app makers of revenue." While Epic Games CEO Tim Sweeney previously mentioned that Google has a way to track Fortnite installs outside of Google Play, Reuters claims that Apple has no way of tracking these installs. In related news, no "jailbreak" for iOS 12 exists yet, but recent rumors suggests that one is coming soon, which would offer Apple users another potential way to sideload apps.

Apple confirmed a media report on Wednesday that it would require two-factor authentication - using a code sent to a phone as well as a password - to log into all developer accounts by the end of this month, which could help prevent certificate misuse. Major app makers Spotify Technology SA, Rovio Entertainment Oyj and Niantic Inc have begun to fight back. Spotify declined to comment on the matter of modified apps, but the streaming music provider did say earlier this month that its new terms of service would crack down on users who are "creating or distributing tools designed to block advertisements" on its service.

Posted by alphaatlas February 14, 2019 11:05 AM (CST)

EE Times Looks at Intel's New CEO

Following the resignation of Brian Krzanich, Bob Swan became Intel's new "interim" CEO, and after a 7 month search for a replacement, Intel's leadership decided to make Swan's position permanent last week. Some worried about this decision, as Intel has a longstanding policy of hiring "insider" CEOs with a technical background, but the analysts EE Times talked to seem to think Swan is a good choice. They point out that being a "business guy" could allow the company to make the strong business decisions it needs, and his position as an "outsider" with plenty of "insider" experience could inject some fresh blood into the company without sending it in a bad direction. For what it's worth, we (and other news organizations) noticed that Intel has totally overhauled their relationship with the public under Swan's leadership.

McGregor noted that Swan is not the first Intel CEO to come from a business rather than technical background. Paul Otellini, who served as Intel's CEO from 2005 to 2013, was the first non-engineer to hold the post... Krewell said that he initially thought choosing Swan would be a mistake, akin to "kicking the can down the street." But seeing Swan in person and listening to him talk about the company and strategy, Krewell was won over by Swan's balanced view of Intel's position in the market. "I think that, while he's not a technologist, he has a deep reserve of technical executives he can draw on, Krewell said... Moorhead said that Swan has told him that he really started to enjoy the job once he held the interim job. (In a letter to employees, customers, and partners posted Thursday, Swan alluded to this change of heart and said that he jumped at the opportunity when approached by the board)

Posted by alphaatlas February 05, 2019 11:36 AM (CST)

Intel Teases Discrete Graphics Plans on Twitter

The "@IntelGraphics" Twitter account just posted another video, and this time, it features Intel graphics lead Raja Koduri and Intel's now-permanent CEO Bob Swan. The video is an advertisement for graphics engineers more than anything, as Intel appears to be aggressively looking for talent to add to their Core and Visual Computing Group, but in that vein, it does give a glimpse into the progress Intel is making on their discrete GPU. Raja Koduri calls Intel's Graphics Portfolio "incredible" at the transistor, firmware, and software levels, and he says these "lego blocks" are essential for building an end product that performs a particular function well. He also claims he wants to make photorealistic long distance communication and game universes "the size of our universe" a reality.
Bob Swan is similarly optimistic, as he intends for Intel's discrete graphics to be "the leading computer architecture for the future." Given the state of Intel's current IGPs, they're a long way from achieving that goal, but Intel's high-level executives seem very committed to pushing their discrete graphics effort forward. Thanks to Hexus for spotting the tweet. Discussion
Posted by alphaatlas January 31, 2019 12:00 PM (CST)

Intel Names Robert Swan CEO

Intel has promoted its chief financial officer (CFO) Robert (Bob) Swan to CEO. Robert Swan had served as the Intel interim CEO for the past seven months after former Intel CEO Brian Krzanich left the company in 2018. Mr. Swan is the seventh CEO in Intel's 50-year history. Robert Swan has been elected to the Intel board of directors. Todd Underwood has been promoted to interim CFO as the company searches for a permanent CFO. Intel CEO Robert Swan's email to employees entitled "Driving Intel Forward" can be read here. The markets are having mixed reactions to the announcement.

"In my role as interim CEO, I've developed an even deeper understanding of Intel's opportunities and challenges, our people and our customers," Swan said. "When I was first named interim CEO, I was immediately focused on running the company and working with our customers. When the board approached me to take on the role permanently, I jumped at the chance to lead this special company. This is an exciting time for Intel: 2018 was an outstanding year and we are in the midst of transforming the company to pursue our biggest market opportunity ever. I'm honored to have the chance to continue working alongside our board, our leadership team, and our more than 107,000 superb employees as we take the company forward."

Posted by cageymaru January 31, 2019 9:09 AM (CST)

AMD CEO Dr. Lisa Su Says EPYC Will "Double the Performance Per Socket"

AMD president and CEO Dr. Lisa Su has joined the CNBC "Squawk on the Street" team for an exclusive interview where she discusses the recent AMD financial report and the company's guidance for 2019. Make sure you pay attention to her comments on EPYC performance doubling per socket beginning at the 7:36 mark of the video.

During the interview, AMD CEO Dr. Lisa Su said, "And we made some big bets. We bet on 7 nm and we bet on a new innovation around how we put these chips together. And our second-generation EPYC Jim; we're doing to double the performance per socket. Double the performance per socket. And when you have that kind of inflection point in performance it has to translate into better results. And that's what we're focused on executing. So that's the play in servers."

Posted by cageymaru January 30, 2019 11:25 AM (CST)

IBM CEO: Hiring Based on Skills Instead of College Degrees Vital for the Future of Tech

Some argue a degree isn’t an accurate indicator of one’s skill. Speaking at the World Economic Forum this week, IBM CEO Ginni Rometty would probably agree, if only to improve workers’ success in the tech industry, which is "moving faster in time than their skills are going to change." She believes it’s tough to get and retain jobs in the tech sector and is calling on companies to hire based on skill as a potential remedy for that.

"I think businesses have to believe I’ll hire for skills, not just their degrees or their diplomas. Because otherwise we’ll never bridge this gap. All of us are full of companies with university degrees, PhDs, you’ve got to make room for everyone in society in these jobs," Rometty said as other business leaders on the panel nodded their heads.

Posted by Megalith January 27, 2019 12:30 PM (CST)

Intel Interim CEO Bob Swan Is Interviewed by Jim Cramer

Mad Money's Jim Cramer interviews Intel interim CEO and permanent CFO, Robert (Bob) H. Swan. They discuss market opportunities at Intel, a little history of Intel and where Intel is headed in the future.

"In that world, the opportunities to expand and bring our technologies to new places gets somewhat constrained by the way we define ourselves," he said. "The way we've been defining ourselves over the last couple years is a $300 billion [total addressable market]. We don't have 90 percent share, we have 25 percent share."

Posted by cageymaru January 21, 2019 8:57 AM (CST)

Microsoft CEO Satya Nadella Lays Out the Company's Vision for Its "Netflix for Games"

When Microsoft unveiled its Project xCloud project, which lets users stream Xbox titles to a range of devices, many saw flashes of the world’s most popular streaming video service. That analogy, of course, was Microsoft’s plan all along: CEO Satya Nadella has admitted the project’s internal nickname is, quite literally, "Netflix for games," and claims Project xCloud will be better than the competition due to the "huge" back-catalog of Microsoft-published Xbox games, success of Xbox Live, and the brand having a foot in both the console and PC space.

"There are 2 billion people who play video games on the planet today. We're not going to sell 2 billion consoles," Spencer told Business Insider in an interview in June. "Many of those people don't own a television; many have never owned a PC. For many people on the planet, the phone is their compute device," he said. "It's really about reaching a customer wherever they are, on the devices that they have." For now, Project xCloud -- the "Netflix for games" service Nadella spoke about -- is still in development. Microsoft is planning to run public tests of the service in 2019.

Posted by Megalith January 20, 2019 10:30 AM (CST)