Intel sells more tablet chips but profits still fall

From InfoWorld: Intel shipped 5 million processors for tablets in the first quarter, but profits fell as PC sales remained weak.

Net income for the quarter ended March 29 was $1.9 billion, down 5 percent from a year ago, Intel said on Tuesday. Revenue increased 1 percent to $12.8 billion.

The slight revenue improvement came largely from its Data Center Group, which sells Intel's Xeon server products. Revenue from its Mobile and Communications Group, which sells chips for tablets and smartphones, tumbled 61 percent.

Mt. Gox files for liquidation as Japan rejects rehab plans

From PC World: Bitcoin exchange Mt. Gox has abandoned its bid for revival and filed for liquidation with a Japanese court, The Wall Street Journal reported Wednesday.

Tokyo-based Mt. Gox, once the world’s largest trading place for the digital currency, collapsed in February with liabilities of ¥6.5 billion ($63.6 million), saying nearly half a billion dollars worth of bitcoin was unaccounted for and that hackers had exploited a software problem.

Samsung readies first Tizen phone launch for end of Q2

From CNET: Samsung's own open-source mobile operating system, Tizen, will soon make its way to store shelves.

The consumer electronics giant told Reuters on Wednesday that its first Tizen-based smartphone will launch toward the end of the second quarter. The handset will be a high-end offering that could compete with flagship smartphones running Android. A midrange device will launch at some point after that.

Lenovo Outs New Flex Notebooks, Desktop PCs

From DailyTech: Lenovo has announced the launch of new notebook and desktop computers. The new desktops include the A Series A540 AIO, which has a 23.8-inch multi-touch LCD screen with a resolution of 1920 x 1080. This AIO has an aluminum shell that is 4mm thick at the edge.

Google patches Android icon permissions attack

From InfoWorld: Google has issued a patch for an attack that could lead an Android user to a phishing site, according to security vendor FireEye. FireEye recently spotted an malicious Android application that could modify the icons of other applications so that when they're launched, they send victims to a phishing website.

The malware is abusing a set of permissions known as "com.android.launcher.permission.READ_SETTINGS" and "com.android.launcher.permission.WRITE_SETTINGS."

Netflix pays off Comcast, discovers that speeds magically improve

From TechHive: Netflix CEO Reed Hastings may complain about it publicly, but his company’s decision to pay Comcast for better access to the Internet service provider’s subscribers is paying off. The streaming video service says performance on Comcast’s network has improved dramatically since it started cutting checks.

Money talks, as it turns out. Also, water is wet.

Twitter gobbles up social-data-gathering firm Gnip

From CNET: Twitter has acquired Gnip, a company that focuses on collecting, organizing, and sharing social data with companies and organizations.

The social network announced the news on its blog on Tuesday, saying that the move will help it provide "more sophisticated data sets and better data enrichments" for use by developers and businesses. Perhaps more importantly, Twitter will likely attempt to use that data to enhance its appeal to brands and companies to satisfy shareholders calling on the company to find ways to boost revenue.

Windows Phone 8.1 Developer Preview Goes Live

From DailyTech: Windows Phone 8.1 -- Microsoft Corp.'s (MSFT) latest and greatest overhaul to its smartphone operating system -- was revealed two weeks ago at the 2014 BUILD conference.

Now that update is available in preview form for developers. For those Windows Phone owners not currently registered as developers, but curious, Microsoft is encouraging you to sign up as a developer for $19 USD (this will give you immediate access to the WP8.1 Preview for Developers).

Akamai admits its OpenSSL patch was faulty, reissues keys

From InfoWorld: Akamai Technologies, whose network handles up to 30 percent of all Internet traffic, said Sunday a researcher found a fault in custom code that the company thought shielded most of its customers from the Heartbleed bug.

As a result, Akamai is now reissuing all SSL (Secure Sockets Layer) certificates and security keys used to create encrypted connections between its customer's websites and visitors to those sites.

"In short, we had a bug," wrote Andy Ellis, Akamai's CTO, in a blog post.

Tests confirm Heartbleed bug can expose server's private key

From PC World: Four researchers working separately have demonstrated a server’s private encryption key can be obtained using the Heartbleed bug, an attack thought possible but unconfirmed.

The findings come shortly after a challenge created by CloudFlare, a San Francisco-based company that runs a security and redundancy service for website operators.

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