Tech news from around the web:
In a number of security issues exposed in the last 24 hours, Chinese hackers claim to have infiltrated the secure smart card system used by US Government employees, according to a report by AlienVault.
Tech news from around the web:
Talks between media companies and Microsoft over the software giant’s online subscription service has been put on hold, it was reported on Reuters.
The technology giant had been in intense talks with potential programming partners for over a year and was hoping to roll out the Netflix-style service in the next few months. But it pulled back after deciding that the licensing costs were too high for the business model Microsoft envisaged, people familiar with the discussions said.
Tech news from around the web:
Google is profiting from illegal advertisements on its search engine, even though it takes them down, alleged a report published on the BBC website on Tuesday.
Apple poaches new iAd chief from Adobe – report
Tech news from around the web:
Apple has snatched Adobe media executive Todd Teresi to run its mobile-advertising business, Bloomberg reports. iAd has not been one of Apple’s greatest successes since acquiring Quattro Wireless two years ago but mobile advertising, while small, continues to grow apace. Apple has been no friend to Adobe in recent years, with the late Steve Jobs vocally refusing to allow its Flash web plug-in onto any iDevices.
Yahoo could name PayPal president as CEO
Tech news from around the web:
Yahoo, the struggling internet company, is on the verge of appointing a new chief executive, writes Kara Swisher of AllThingsD, with Scott Thomson, president of eBay’s PayPal business, expected to get the nod. An announcement could come as early as Wednesday. Yahoo has been without a permanent CEO since firing Carol Bartz last September. The company has been run by its board and Tim Morse, its former chief financial officer, while looking at a range of strategic options including a sale of all or part of the company.
Soundcloud raises $50m from Kleiner Perkins
Tech news from around the web:
Soundcloud, the Berlin-based “YouTube for audio”, has raised $50m at a $200m valuation, Mike Butcher of TechCrunch Europe reports. Silicon Valley venture firm Kleiner Perkins Caufield & Byers led the round, giving an early boost to the European tech scene’s prospects for 2012, with Berlin in particular tipped for great things this year.
Arise, Sir Jony: Apple designer Ive is knighted
Apple’s top designer, Jonathan Ive, has been knighted in the Queen’s New Year’s honours list for raising the standards of industrial design and championing British talent abroad.
Raised in north-east London, Mr Ive – known as Jony – has been the design mastermind behind Apple hardware ranging from the iPod, iPhone and iPad to its iMac and Macbook computers.
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