Nymi, Tracks Your Heartbeat for Authenticating Purpose

The Toronto based hardware company Bionym, which is trying to replace all the locks and Keys, password, and all traditional method of authentication. The Nymi is a security device, too because you never have to remember your passwords and may write it down somewhere that poses threat to secure identity. Bionym has developed Nymi, a ECG authentication and identification wristband. It tracks the user’s heart beat and uses that to verify and authenticate their identity and defined several handshake gestures to make it easy to login to software, customize settings and manipulate devices. The device recognized your identity through numerous methods, which also includes tracking your biometric data and attaches that to your identity and also make them as passwords for almost all of your services such as login to you PC, Making payments, Open car doors and several other applications.

TechCrunch “That produces a biometric template that ties the Nymi to you so that it and the applications it works with know it’s you. Once registered, at the beginning of the day you touch it with two points of contact again to authenticate it, which takes a couple of seconds to recall your profile. It then uses sensors on the band to know it’s still on your wrist and hasn’t been removed (cut off, stolen or lost), meaning it’s not actually verifying with your ECG in each usage throughout the day, but using that initial handshake and its tamper detection as proof it’s still you each time you use it.”

It allows you to touch the top of the device to capture you ECG, and inside of the metal band allows you to use the second point of contact regarding security perspective. It takes about two minutes to complete your full profile in first step with gathering all the data.

Apple Recorded $10.2 B Profit Out of $45.6B Revenue

The Investors are pretty much happy with Apple growth in Q2 of 2014 because they recorded huge Profit with $10.2 Billion out of $45.6 Billion revenue which is quite tough for the company with limited range of products. The sales of iPad were down to 16 percent. This revenue is above to both the $42 to $44 billion revenue from January and $43.6 billion last year. People loves Apple Technology that’s why Apple announced a seven-for-one split with $90 billion stock buy program. If we look on the products sale which sparks that revenue so there is only one product which thrust the sale is iPhone and said sold 43.7 million iPhones during the Quarter, more than the same quarter last year is 37.4 million. Also sold 16.3 million iPads, 4.1 million Macs, and 2.61 million iPods which is higher than 3.9 million Macs but lower than 19.5 million iPads.

The Verge Reported “We're very proud of our quarterly results, especially our strong iPhone sales and record revenue from services," Apple CEO Tim Cook said in a statement. "We're eagerly looking forward to introducing more new products and services that only Apple could bring to market. For its next quarter, which ends in June, Apple said it expects to bring in between $36 to $38 billion in revenue, which is up from the $35.3 billion it made during the same quarter a year ago, though lower than the $38.3 billion Wall Street forecasted”

Apple considers as innovative companies and it also shows that people with iPhones and iPad are classy and don’t care about money, that’s why people love to buy the Apple products and specially iPhone and the recently found Heartbleed bug apple patches the bug firstly because of their concern about customer security.

Heartbleed Security Bug Was Used To By Pass The Past Multifactor Authentication

It’s not been a long time since the Heartbleed bug introduced the world and created a whole lot of mess in the tech world and then it was flood of leaks of new founding related to the bug and here is another founding that the with such flaw hackers could be able to breach the Virtual private network or could bypass the verification of information in multi factor or two step verification. The Report comes from the privacy company Mandiant says in the initial stages of bug, it could be possible that a hacker exploits the VPN, which is known as the most secured network till now. 

Cnet Says “In bypassing multifactor authentication, the attackers were able to get around one of the stricter methods of ensuring that someone is who they say they are. Instead of just a single password, multifactor authentication requires at least two of three kinds of credentials: something you know, something you have, and something you are.While much of the Internet discussion of Heartbleed has focused on attackers taking advantage of the vulnerability to steal private encryption keys, Glyer said the attack against the unnamed Mandiant client indicates that session hijacking is also a risk.”

Companies like Facebook, Google, Microsoft and other’s released a note saying that they have solved the security bug but urge to change the usernames and passwords. The vulnerability was introduced inadvertently several year ago in the OpenSSL, which is the mostly used encryption technique by two third of the internet but wasn't disclosed till this year and since then firms are struggling to patch the exploit in their servers. This was the biggest privacy breach in internet history and almost all firms were vulnerable to this threat but wasn't aware of it.

The Drone Company Pursued By Facebook Is Being Acquired By Facebook

Previously the news has been released that Facebook is on talk with the drone maker company Titan which makes high—flying robots which stay in the sky for almost five year or more on solar power with such innovative technology Google has acquired the Titan with not disclosed terms and conditions. This deal comes after FB discloses its purchase of Titan competitor Ascenta for spreading the Internet and making it affordable. The Titan and Ascenta both are specialized in the field high-fly drone making. These are the companies who will be circumnavigating the whole world in order to provide the technology which will be helpful to give cheap and reliable internet. According to news source Google will use titan to connect the remote areas with Project Loon, the balloon based remote internet delivery system.

TechCrunch Said “That’s not all the Titan drones can help Google with, however. The company’s robots also take high-quality images in real-time that could help with Maps initiatives, as well as contribute to things like “disaster relief” and addressing “deforestation,” a Google spokesperson tells WSJ. The main goal, however, is likely spreading the potential reach of Google and its network, which is Facebook’s aim, too. When you saturate your market and you’re among the world’s most wealthy companies, you don’t go into maintenance mode; you build new ones."

Whatever the companies thinking but the as a user I would probably thing is it s new ways to collect more personal data? Or with camera’s in those drones they could again spy on us but what every the thing is I happy that tech industry isn't sitting and watching but evolving big companies acquiring small ones like YahooAcquired Aviate and several acquisition have been gone so far with this project let’s see what it will bring out? 

Yahoo Acquired Aviate To Jump Into Smartphone Industry

Recently Marissa Mayer the” CEO Of Yoo-Hoo” delivered a Keynote at CES 2014 Las Vegas and announces that Yahoo acquired Aviate the Artificial Intelligence Application company to brings new opportunities in mobile platforms. Aviate is a technology which take the advantages of Androids openness to take over your home screen of Smartphone and show those applications and information when they really useful to you. If you look at Yahoo’s finance app every morning or check Facebook at certain time, Aviate will be taking the notes and keeps the track and rearrange your home screen at front and center on the basis of your checking habit. Like Google Now did. Aviates took all information into its database and show you highlights and information at the moment they’re actually needed. While firm still trying to pioneering the tech industry with acquiring small companies, and Yahoo still a $5 billion a year maker company.

Cnet posted "Yahoo arguably needs this kind of technology more than those other companies. The race to dominate platforms, from Smartphones to smart glasses, is in full swing and Yahoo is behind. While some companies are already on the lookout for the next big platform -- Facebook recently paid $2 billion for the virtual reality goggle maker Oculus -- Yahoo has had difficulty making a dent on the current platforms of choice, Smartphones and tablets. That's a problem given that Yahoo's core business, display advertising, is in decline as its hold on consumers seems to be slipping."

Yahoo has been kicked off no.2 website in US, firm has renovate most of the mobile experience in mobile properties, but it still  doesn’t offer a full Smartphone experience because right now Android Phones are ruling the mobile phone industry with quite a big share.

Sungevity Has Got $70M To Enlarge Its Solar Business Globally

Sungevity, a company is a provider and maker of solar components and installer of them too, have raised a seed funding of $70 million in new financing as it looks to expand globally. Company also provides a installing and maintenance of solar components to call centers and service centers. This round was leaded by the lead investor of the company called Jetstream Ventures, which focused on those companies who made good products help to keep up the environment. Some other investors, who have injected about $125 million to the company, when they started in July 2013 based in Oakland. With this funding Sungevity planning to double its sale in US and expanding more in Netherlands and Australia, launched in 2011 and 2012.

Sungevity Home Page

Sungevity said “As new, more customer-centric solutions around residential solar arise, we want to provide our customers with the best solutions available,” said Susana Quintana-Plaza, vice president of technology and innovation/strategic co-investment at E.On. “Our capital investment in Sungevity’s technology and customer-centric platform is a significant part of this. The company sells solar design and integration services to consumers in nine states and the District of Columbia, and is the exclusive partner to the home repair and furnishing retailer Lowe’s. “We are the hub, if you will, for several partners in different areas of the industry, we are the hub for equipment partners in terms of panels and modules and installers and also financing partners”

Companies are fighting each other to keep their business up like recently IBM battled with Airtel to save their contract money. So Sungevety is no other than them and raising funds to expand more. 

IBM battle With Bharti Airtel To Save $2.5 Billion

Last month IBM India has fired a dozen of Top to mid level executives with other Human resources who accused of the fraud. The fraud was the outsourcing contract of about $2 billion outsourcing with Bharti Airtel and a subordinated company which was founded by Former IBM-ers. The agreement signed back in 2004 which stated to manage the telecom Networks, desktop application and software’s at Airtel. It will cost about $300 million annually and $2 billion for all IBM India. As of now Airtel has to renew this contract and share of IBM has diluted down to $100 million yearly. So the whole matter is little bit messed up and executives from both side created a fraud type situation.

TechCrunch published “IBM and Airtel are now negotiating terms of a contract that could be reduced to around 3-4 years with total value of less than $400 million, The Bharti contract renewal has already undergone over a dozen iterations; it was supposed to get signed and announced weeks ago. Ongoing investigations into ‘unprofessional conduct’ of some IBM-ers and customer staff has made it a contract everybody wants to sign, but with conditions that reflect lack of trust, The specific charge being leveled internally is called the business conduct guideline violation.At least a quarter of all the work being outsourced to IBM was being subcontracted to Mara-ISON, and the motives look questionable,”

Several Companies like Yahoo, Google, and Facebook are defining the rules and regulations for their employees to maintain transparency with executives and company so that situation like this cannot be created. IBM already suffers from Low revenue in India that’s why they fired 2500 employee last year. So as contract bounds IBM not to take any independent subcontract or purchase any hardware and software solution but board of directors from both side will decide what product to acquire and how.