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News and Events upto October 13th, 2007
Web Designing trends 19th October 2007

Simple Tactics Can Disrupt Internet Underground, Undermine Cybercriminals

Creative Web Solutions suggest several methods that can be used to attack the "reputation systems" used by hackers to conduct business.

To reduce cybercrime, the government may want to consider the tactics employed by the music industry against copyright scofflaws.

The researchers saw more than 87,000 credit card numbers traded during this time; they estimate that the total wealth generated from credit card fraud over IRC exceeded $37 million.
Citing the ineffectiveness of traditional law enforcement approaches -- locating and disabling hosting infrastructure, which can easily be replaced, and identifying and arresting market participants, who are often outside the law's reach in foreign countries -- the paper contemplates low-cost ways to undermine the black market that are not unlike the steps taken by the music industry to poison peer-to-peer file trading networks with fake files.

Ironically, the buyers and sellers of stolen personal information deal depend on trust, just like legitimate merchants. As the paper explains, "The participants of the market operate in an environment of dishonesty and mutual distrust. Buyers and sellers must protect themselves from dishonest participants ( a.k.a., 'rippers') who purposely fail to uphold their end of a transaction. Such ripping behavior is common in other online markets and has led to the establishment of reputation systems such as those found on eBay or Amazon Marketplace."



Dot-Com Shakeout Hits 200 Alta Vista Workers

Web portal AltaVista announced Thursday that it is laying off 200 employees, or 25 percent of its workforce. The company said that the layoffs would primarily affect employees at the company's Palo Alto, California headquarters.

AltaVista said that its European offices would only be "minimally affected by the change." The layoffs leave the company, which is backed by CMGI, with 600 employees. "AltaVista has not been immune to the softness in advertising," said Peter Mills, executive adviser to AltaVista and managing partner of CMGI @Ventures.

Miller added: "These are challenging times for most Internet and technology companies but we are confident in the steps we are taking to remain strong." The move comes a week after AltaVista scrapped plans for a US$160.5 million initial public offering (IPO), citing poor market conditions.

Linux: Supporting Older GCC Releases

"A recent bug report led to a discussion about potentially dropping support for pre-4.0 versions of GCC. Adrian Bunk noted, "currently we support 6 different stable gcc release series, and it might be the right time to consider dropping support for the older ones. Are there any architectures still requiring a gcc < 4.0 ?" Russell King noted that on some architectures GCC 3.x is still preferable to the newer 4.x branch, "I want to keep support for gcc 3.4.3 for ARM for the foreseeable future. From my point of view, gcc 4 compilers have been something of a development thing as far as the ARM architecture goes. Also, gcc 3.4.3 is faster and significantly less noisy than gcc 4."

"When it was asked how many kernel developers use older version of GCC, Linus Torvalds explained that it really doesn't matter, 'it's NOT about 'kernel developers'. It's about random people testing kernels. If we make it harder for people to test kernels, we're going to lose. So no, I vote for *not* cutting off old gcc versions unless it's absolutely fatal...'"

PHP 4 End of Life Announcement

"The PHP development team has announced that support for PHP 4 will continue until the end of this year only. After 2007-12-31 there will be no more releases of PHP 4.4. Critical security fixes will be made available on a case-by-case basis until 2008-08-08. For documentation on migration for PHP 4 to PHP 5, there is a migration guide. There is additional information available in the PHP 5.0 to PHP 5.1 and PHP 5.1 to PHP 5.2 migration guides as well."

Social Networking's explosive growth to level out in 5 years time

London -- Virtual communities and online social networking sites are providing a new, powerful and extremely popular medium for human connection. In a new report independent market analyst Datamonitor expects global active memberships in social networking sites to reach 230 million at the end of 2007. Notwithstanding the fact that many users have multiple memberships, this represents an extraordinary cultural trend.

The report, " The Future of Social Networking: understandingmarket strategic and technological developments ", says infrastructure providers, social network providers and wireless players stand to profit largely in the near term. "For social networking services, barriers to entry are virtually non-existent, and both competition and innovation are ferocious," says Ri Pierce-Grove Technology Analyst at Datamonitor and author of this report.

"Users have a vast array of options, from Titanic generalists like MySpace and Facebook to tiny individual networks on DIY platforms like Ning. This year revenues from social networking services should reach USD$965 million growing to USD$2.4 billion by 2012."

Explosive growth in social networking will plateau by 2012; earlier for the United States

Social networking is growing around the world, everywhere people have Internet connections. Most large social networking services, especially those which allow the distribution of content like video, have a very long tail of geographic distribution.

According to Datamonitor, by year end 2007 Asia Pacific will account for 35% of the world's social networking memberships. Europe, the Middle East and Africa (EMEA) will hold 28%, North America 25% whilst the Caribbean and Latin America (CALA) will account for 12%. Adoption curves vary dramatically by region, but Datamonitor expects membership growth in all regions to have peaked by 2009 and to have leveled out by 2012.

Currently, there are two strains of thought about this market, both strongly influenced by memories of the e-commerce boom at the beginning of the century. At the moment, prevailing sentiment is excitement combined with anxiety. Players fear missing the next Google, the next Yahoo. But mixed with this exuberance is a thread of cynicism. Investors remember how few Internet startups survived the market downturn, and are repelled by what they see as overconfidence. The bulk of social networking sites are wise to postpone any consideration of an IPO.

"A sane approach to this market requires balancing the two perspectives," says Ms. Pierce-Grove. "The extraordinary proliferation of online social networks is fueled by real innovation and is substantially changing the way we communicate. However, the hothouse atmosphere of easy capital, media attention, and user curiosity which stimulates creativity will not be sustained indefinitely. All players therefore must develop a two-pronged strategy in order to survive the extremes of heat and eventual chill which this market will undergo."


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