Focus List

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Can you believe it? Even after everything we know about “hacking” and access management, companies are still falling victim to inside jobs and poor Identity access points. The latest comes from file storage and file sharing company, Dropbox. It traces its origin all the way back to 2012 when the company initially disclosed that user emails were the only data stolen, however, it’s much worse than that. It all seems to have stemmed from an actual employee Dropbox account allowing easy access to the data!

The exact statement made:

A stolen password was also used to access an employee Dropbox account containing a project document with user email addresses. We believe this improper access is what led to the spam. We’re sorry about this, and have put additional controls in place to help make sure it doesn’t happen again.

The employee’s password was obtained and it ended up being used to access a document that held massive amounts of email addresses. Now because Dropbox stored user passwords “hashed and salted” it appears that the hackers were only able to gain access to hashed files of Dropbox user password but were not able to crack them….it’s taken this long to figure out that more information was actually gained access to than believed, 4 years ago.

Sources say that on top of the emails disclosed in 2012, a large amount of associated passwords were taken. During the time of the breach (or inside job), Dropbox was actually shifting from using the “hashing function SHA-1” and replacing it with a more advanced “bcrypt” script. Despite the fact that these passwords were shot out to the “dark web,” it doesn’t seem that the hash protections have been cracked.

The hackers used the employee password, which was reused from the LinkedIn breach, to gain access to Dropbox’s corporate network and lift user credentials. So it’s not 100% the fault of Dropbox but the breakdown in security standards within the company emphasizes the pitfalls of re-using passwords across online networks. Now, this happened in 2012 when Dropbox was just an emerging organization and since then the company has upped its security standards. In the end though, it is interesting that not only have they been relatively vague regarding this massive breach but also that it has taken so long to “come out in the laundry”. …another major reason to be watching companies focused on blocking improper identity access.

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There is one problem with the advancing world of technology. It seems as though the technological experts are very familiar with things such as nodes, and then, on the other hand, there are people who have no idea what a node is. In the end, there is a major miscommunication. Well, BrightWork, a TechStars Chicago company, has an answer for this problem. Founded by former Twilio engineer Josh Carter and Nike developer Phil Taylor, the company has generated $200,000 so far to make it easier to deploy back-end technology instantly.

“This was something both Phil, and I struggled with in our own projects. We had been building applications for companies like Disney, Taco Bell, and Pabst Blue Ribbon. The issue was having to build the backend and microservices for every one of those solutions which ate away at our bottom line,” Carter stated. “Phil had a very similar problem where he was having issues finding the best way to build a solution or infrastructure for a client that was much more agile. This problem resonated with both of us, so we felt this was the right time to build Brightwork.”

Consider Brightwork as a series of scripts very closely related to the old Cpanel days. When you need a specific API or service, you just click on a button and everything is done for you. You then manage it from your front end and design your interface around the little chunks you have developed. Albeit it is very geeky, as some would say, it is also useful. Brightwork already has around three hundred people on its waitlist, and it has just launched.

“The product has been in the hands of a small select group of people who have been providing great feedback, but we knew we had to get this out to a broader audience if we were going to grow,” Carter added.

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Let’s talk about a mobile game that isn’t Pokémon Go for the first time in what feels like forever. Lima Sky has stated that it is going to launch an e-sports league as well as a new edition of their incredibly popular Doodle Jump mobile game, Matt Turetzky, Chief Operating Officer, says. Lima Sky, which started up almost seven years ago, has reached 200 million unique downloads for its Doodle Jump games across all of its platforms. At the moment, Doodle Jump has ten million users that use the app at least once a month. This puts it among the most popular e-sports such as Counter-Strike: Global Offensive.

Popular titles such as Counter-Strike: Global Offensive, or League of Legends and Dota 2, has made it clear that video games can be played professionally and even for things such as college scholarships. However, Doodle Jump is one of the earliest casual game brands to try to put itself on the e-sports market. The convenience of this is that Doodle Jump games last just two to three minutes, while the others are certainly much longer.

Lima Sky worked with Skillz to develop its new, tournament-playable game, the company stated. Skillz’s technology comes off as something similar to a digital referee, making sure that players of similar skill are matched up on level digital playing fields. Also, Skillz has money being played for cash bets or prizes, checking players and handling regulatory matters. Lima Sky’s Turetzky had this to say about the matter: “Our games have always been about competition in that people wanted the highest scores and to see their names on the leaderboard…But we’re a small company with a well-known brand. And didn’t want to spend our resources building out infrastructure to support multiplayer gaming.”

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Now that Pokémon Go has become one of the most viral applications of all time, passed Twitter in daily users, reached over 7.5 million downloads, and went live in over 2 continents, it will now soon include advertising. Yes, the app that adults and children alike have loved is selling out. In an interview with the Financial Times, Niantic CEO John Hanke said, “sponsored locations” is a new feature that they are looking into to provide an entirely new revenue stream, is addition to adding in-app purchases, such as power-ups and virtual items. This way, retailers and companies across the nation will have a paid opportunity to be featured prominently on the game’s virtual map. The companies are hoping to drive customers into their facilities.

According to the Financial Times, the network of virtual “portals” that are mapped to on-street locations will be similar to the ones that are on Ingress, Niantic’s previous game. Brands that pay to create sponsored content within Ingress include Duane Reade, Jamba Juice, and Zipcar. In Japan, where Ingress is most popular, convenience store chain Lawson and Tokyo Mitsubishi Bank also bought similar in-game promotions. Advertisers will be charged similarly to push ads, on a “cost per visit” basis, said Hanke.

Some retailers within the United States have already found that being featured in the game can drive hundreds of real customers into their stores. “The amount of people has been astonishing,” Tom Lattanzio, the owner of L’Inizio Pizza Bar in Long Island City, Queens, told The New York Post yesterday. The Financial Times has reported that the Queens pizza stable has seen business increase by 75 percent after buying a $10 in-game power-up that lured Pokémon into its restaurant.

More businesses and organizations have already tried to bring visitors in by emphasizing the number of Pokestops around their buildings. The Art Institute of Chicago, for example, invited everyone to “Catch them if you can” in a tweet. And the fact that Pokémon Go’s users spend more time on the app than they do any other app, gives more incentive for businesses to switch over and start advertising with Niantic.

Amazon’s (AMZN) online grocery delivery service, AmazonFresh, recently announced yet another expansion, a year and a half after its launch. The service arrived in London at the beginning of June and is now planning on launching in Boston, Massachusetts. The city joins other AmazonFresh markets in the United States, including Seattle, Northern and Southern California, New York Metropolitan area, North New Jersey, Philadelphia metro, Stamford Connecticut, and Baltimore Maryland. In Boston, AmazonFresh will deliver to Charlestown, Beacon Hill, Back Bay, Jamaica Plain, Brighton, Allston, and a few others.

Amazon customers can use the delivery service to shop for their groceries online, for products such as dairy, meat, fresh produce, and prepared meals. There are over 95,000 items available on the website, all of which can be delivered on the same day if orders are placed by 10am, or next-day if ordered later. If the order is placed by 10PM, Amazon promises delivery by “breakfast time” the next morning. Shoppers also have the luxury of choosing between unattended or attended two-hour delivery windows. Boston customers can choose to shop from local markets as well, including Savenor’s Market, Chestnut Farm, and the Commonwealth Kitchen.

The only unchanged part of the service is their pricing. The company is making customers subscribe to “Prime Fresh”, an upgraded prime membership that offers all of prime, but costs $299, $200 more than the current cost of prime. Meanwhile, AmazonFresh’s competitors such as Shipt, FreshDirect, Instacart, and Peapod, tend to make money but marking up the prices on groceries, Amazon is sticking to their well-known subscription service as a way to charge their customers. Instead of partnering with local grocers like their competitors however, Amazon is investing in refrigerated warehouses and inventory. This shows their ability to expand at a quicker pace than companies such as Walmart. Their Boston warehouse alone is 12 million square-feet large. Customers can register for Prime Fresh accounts starting today, and expect deliveries to start soon.

Life Clips, Inc. (LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments, is pleased to announce that its Mobeego® brand of award winning wireless, disposable & recyclable chargers are now available in 400 B&M discount retail stores throughout the UK, via its UK Distributor Mobeego Scotland ltd.

“B&M is one of the fastest growing discount retail chains in the UK. All of us at LifeClips are very excited about this new deal with B&M. This is all part of our continuing and successful effort to expand and grow LifeClips.  I believe that the amount of exposure & potential revenue that comes from being in 400 retail locations of a brand of stores like B&M which has 3 million customer transactions per week could be huge!” said Bob Gruder CEO of LifeClips, Inc.

CEO Gruder added, “This couldn’t have happened at a better time. We are currently gearing up our US launch of Mobeego® in the coming weeks and fully expect the same positive reception here in the United States as the Mobeego® brand has had and continues to have abroad.”

About B&M European Value Retail S.A. (B&M)

B&M was formed in 1978 and is now one of the leading variety retailers in the UK. From its first store in Blackpool, Lancashire, B&M has grown to over 500 stores and employs some 22,500 colleagues & is the fastest growing discount retailer in the UK, with 3 million customer transactions per week. B&M believes in selling top branded products at great prices. B&M is publicly traded on the London Stock Exchange under the symbol (BME) & more information can be found on their retail and corporate websites located here http://www.bmstores.co.uk/ & http://www.bandmretail.com/

About Mobeego®

The Mobeego® brand launched in November 2015. Mobeego® is available within 14 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego product is an affordable one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.

About Life Clips, Inc.:

Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions.

Safe Harbor Statement

In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Samsung, iPhone, GoPro, Xiaomi, are respective trademarks of Samsung, Apple, GoPro and Xiaomi.  All rights reserved.

Contact:
CONTACT INFORMATION:

Robert Gruder
Chief Executive Officer
[email protected]

Investor Relations
David Kugelman
Atlanta Capital Partners, LLC
(404) 856-9157
(866) 692-6847 Toll Free - U.S. And Canada

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Lumus— a company that makes transparent “near-to-eye” display devices for augmented reality (AR) and mixed reality (MR)— announced Wednesday that they have secured $15 million in a Series B round, which was lead by global private investment firm Shanda Group, and accompanied by Crystal-Optech, a Chinese optic imaging company. Lumus currently has an intellectual property called a Light-guide Optical Element (LOE) waveguide. It is a patented way to project AR, MR, and other content onto special displays that fit into smart glasses or head mounted displays (HMD).

“Lumus is always looking for innovative ways to improve the AR experience. Beyond further breakthroughs in our waveguide technology, working with partners like SMI on integrating their market-leading eye-tracking solution is a perfect example of the type of cooperation between two leading innovators that can push the needle further toward mass adoption of augmented reality,” said Chief product officer at Lumus, Eli Glikman.

Basically, LOEs are tiny little prisms that are build into the display lens, and are able to pull in light particles from a small projector while staying transparent. The LOE, combined with its micro projector, are vital components in making up their “optical engine”. According to the technology company, the advantage of their optics are that they have a very bright, wide field of view while keeping a small footprint.

In terms of production capacity, the company says they have already expanded from 200-300 optical engines per month to 1500 per month. With their additional capital, they plan on producing many thousands per month in the near future. Regarding R&D, plans for expansion are set to take place as early as the fourth quarter, when the company is planning to release their new 60 degree FOV optical engine to the mass market.

Lumus looks to continue at a pace where their display technology is featured in most interactive eyewear. With revenue estimates of the market for AR/MR/VR reaching a possible $120 billion by 2020, the future is bright for the optical company.

Life Clips, Inc. (OTCQB: LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments, is pleased to announce that Mobeego® is now available in all 250 myNEWS.com retail stores, in Malaysia.

Mobeego’s® exclusive Malaysian distributor Veloster Technology secured the myNEWS.com retail agreement, this initial order of 15,000 Mobeegos®. The myNEWS.com retail agreement is the 1st part of an exclusive Malaysia distribution agreement between (LCLP) and Veloster Technology which must produce at a minimum the sale of 600,000 Mobeegos® within Malaysia worth $1.2million USD over the next 12 months. Veloster Technology must meet the aforementioned projections in order to keep its Mobeego® exclusivity.

“This is just the beginning. We are very excited for these 1st steps with our exclusive Malaysian distributor Veloster Technology & I am confident they will continue to deliver and remain our exclusive Malaysian distributor.” Said Bob Gruder CEO LifeClips, Inc.

“We are thrilled to have myNEWS.com as the first convenience retail chain for the award-winning Mobeego®. We look forward to expanding our distribution network to even more stores and new markets such as pharmacies, grocery stores, cafes, magazine kiosks, shopping malls, airports and more, in the near future.” Said Kelvin Hun founder of Veloster Technology

About myNEWS.com

Since its inception in 1997, myNEWS.com press and convenience stores has served Malaysians all over the country. As they continuously strive to offer quality products and services to you, they constantly evolve our stores and offerings for your easy and efficient shopping experience. Visit myNEWS.com here  http://www.mynews.com.my/

About Mobeego®

The Mobeego® brand launched in November 2015. Mobeego® is available within 14 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego product is an affordable one time use disposable battery that plugs directly into one’s mobile device, iPad, or action camera.  The products can be seen at the Mobeego site: www.mobeego.com.

About Life Clips, Inc:

Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions.

 

About Veloster Technology Sdn Bhd

Veloster Technology was established in 2015 with the objective of distributing technological advanced products and innovative IT gadgets to continuously improve consumer’s lives. Veloster Technology team works closely with technology partners from around the world to bring in more latest cutting-edge products to Malaysia. The Company is constantly on the look-out for new technologies, products and services to acquire, to collaborate and, to partner with.

Safe Harbor Statement

In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

Samsung, Iphone, GoPro, Xiaomi, are respective trademarks of Samsung, Apple, GoPro and Xiaomi.  All rights reserved.

Contact:
CONTACT INFORMATION:

Robert Gruder
Chief Executive Officer
[email protected]

Investor Relations
David Kugelman
Atlanta Capital Partners, LLC
(404) 856-9157
(866) 692-6847 Toll Free – U.S. And Canada

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At Apple’s WWDC event, CEO Tim Cook gave attendees an update on the sizable growth of its App Store and the developer community in general. He announced the company hit a new milestone with the App Store: there are now 2 million apps on the App Store – up from 1.5 million announced this time last year. These 2 million apps have been downloaded some 130 billion times.

The now 8 year old app store has grown significantly over the years, but many developers have been struggling to make building apps a profitable business. To some extent, the problem of app discovery has been a challenge. But Apple is still betting big on its developer community, as they’re a key part of Apple’s future. Cook said that this community is still growing – there are now 13 million registered developers building for its platforms, and 2 million were added in the last year alone.

These changes, Apple believes, will help inspire consumers to find new apps and install them. But it may or not work – people are only really using a handful of apps regularly, and keeping them engaged with newer ones is a challenge.At the sold-out conference over 70 percent of attendees are there for the first time ever, the CEO also notes. And 100 are under the age of 18. “The youngest is only 9. Wow,” said Cook. She’ll make “one heck of a developer,” he added.

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IDdriven, Inc. (OTCQB: IDDR), developer of the new breed of Identity and Access Management solutions, is pleased to announce that Oxford Computer Group (OCG) has funded and developed a proprietary interface software to be used to seamlessly connect the Company’s IDaaS solution with Microsoft’s Identity Manager Software program. Last week, IDdriven, Inc. announced a channel partner and distribution agreement with Oxford Computer Group for the Company’s signature (IDaaS) Solution.

OCG sees great value in connecting the two software programs and took it upon themselves to develop this proprietary interface software at their own expense. This connector brings a solution for hybrid application landscape and enables customers to move from on-premises to a cloud application landscape. With such a connecting software now in place, OCG can begin selling IDdriven’s IDaaS solution to their client network of 1000s of companies, many of which are blue-chip and/or well-known global brands.

Both OCG and IDdriven believe the new interface software will also allow them to start rolling out the IDaaS solution to the enormous number of companies worldwide currently using Microsoft’s Identity Manager Software program. The IDaaS solution is seen as an asset and selling tool when offering clients a management software package. OCG has already completed numerous implementations for Microsoft and has received Microsoft’s Partner of the Year Award seven times.

IDdriven Inc. CEO Arend Verweij said, “OCG is one of the premier identity access, cloud, and mobile device management solutions companies in the world. They have been in business for over 30 years and have a robust distribution network. Having them build entirely new interface software specifically to connect our IDaaS solution with Microsoft’s Identity Management Software program gives us great confidence in both our product and direction as a company. Our IDaaS solution couples with Microsoft’s software to provide users with a complete identity access, cloud, and mobile device management solution unmatched by any of our competitors. This new interface software gives IDdriven a clear competitive advantage and positions us to capitalize on a fast-growing market.”

About Oxford Computer Group

Oxford Computer Group has been at the forefront of information technology for more than 30 years, and in the identity and access management business since 2002. It has received the prestigious Microsoft’s Partner of the Year award seven times in 1991, 1993, 2000, 2008, 2013, 2014, and most recently in 2015 for enterprise mobility, and was named a finalist for the past ten years (www.oxfordcomputergroup.com).

About IDdriven, Inc. (IDDR)

IDdriven is at the forefront of the new breed of Identity Management and Access Governance solutions. Taking the complexity and upfront costs out of implementation, IDdriven is trusted to protect a company’s most vulnerable assets. Founded in 2013, IDdriven is headquartered in Sacramento, California. To learn more, visit: www.IDdriven.com.

Forward-Looking Statement Disclosure

This news release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond IDdriven’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our software programs, (ii) development and protection of our intellectual property, (iii) industry competition, (iv) we may need to raise capital to meet business requirements. More detailed information about IDdriven and the risk factors that may affect the realization of forward looking statements is contained in our filings with the Securities and Exchange Commission which are available on our website and at www.sec.gov. IDdriven assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

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