Saturday, 12 April 2014

AUDIO: Why are tech stocks sliding?

It has not been a good few weeks for investors in technology stocks. The Nasdaq index, packed full of tech hopefuls, has been sliding - it was down 1.3 per cent yesterday. The big internet names like Linked In and Twitter are down 40 per cent from their highs.

Eileen Burbidge of Passion Capital and Alpesh Patel from Praefinium Partners analyse why there is a downturn in tech stocks.

Tweeters react to Twitter redesign

8 April 2014 Last updated at 16:34 Twitter page of Michelle Obama The new-look Twitter bears more than a passing resemblance to Facebook's profile pages A new-look Twitter is being rolled out, with many commenting that it looks very similar to Facebook's profile pages.

The redesign will be available to a small group of users initially and will be made available across the whole site "in coming weeks".

Cover photos appear full-width along the top of the screen, with the main picture on the left-hand side.

Tweets that have received the most engagement will appear slightly larger and photos are given more prominence.

The changes were first tested in February.

The new design was outlined in a blog post that listed some of the other big changes, including:

Tweets that have received the most engagement will appear slightly larger to make an account's best content easy to findTweets can be pinned on the top of the page so that followers can "see what you're all about"Users can select which timeline to view when checking out other profiles. Options are: tweets, tweets with photos/videos, or tweets and replies

The BBC took to Twitter to gauge reaction.

"Not sure this is going to go down well," said Michael H in response to a @BBCTech tweet asking about the redesign.

"Looks a bit much to me. I love the simplicity of Twitter, this is a huge departure," said Tom Barnett.

"Disgusting," tweeted Nick Turner. "Twitter is turning into Facebook and taking away everything that makes it good."

VIDEO: Tech review: This week's headlines

Several technology firms have recommended people change all their passwords following the discovery of a major security flaw called Heartbleed. The European Court of Justice has declared "invalid" an EU law requiring telecoms firms to store citizens' communication data for up to two years. And a two-way mirror fitted with facial recognition technology aims to take the perfect selfie.

BBC Click's Marc Cieslak has more details of these and other technology stories of the week.

Watch more clips on the Click website. If you are in the UK you can watch the whole programme on BBC iPlayer.

US card thief faces lengthy jail term

10 April 2014 Last updated at 17:24 Cash and keyboard The US government is seeking to make the gang members repay the cash they stole A key member of a gang that traded stolen and fake credit cards could face years in jail after pleading guilty to racketeering charges.

Cameron Harrison of Georgia, US, was part of a large card fraud ring centred around the Carder.su website.

About $50m (£30m) in losses have been attributed to the group that used the Carder.su site.

The group was broken up by US law enforcement in 2012 and so far, 55 of its members have been charged.

The ring leaders of the group, which was run via Russia, are still believed to be at large.

The case is believed to be among the first to use racketeering laws against cybercriminals. Before now the laws were used against members of more traditional organised crime groups.

Harrison, aka Kilobit, joined the group in 2008 and was instrumental in helping it steal credit cards, IDs and engage in financial fraud.

Documents filed by the US Department of Justice against Harrison show that he has been indicted under two counts of racketeering and one of making and selling fake ID documents.

US guidelines suggest he will face decades in prison when he is sentenced later this year because those rules inflate prison terms if a crime affects more than 250 victims or involves losses higher than $50m.

The US government is also seeking to make Harrison and other former Carder.su members pay $50m in restitution to the four credit card firms they stole from - Visa, Discover, American Express and MasterCard.

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How to upgrade from 0.4 to 0.5 ( quick instructions until when/if a script is made ) Move your 0.4 folder out of the way. Keep the config.php and copy it to the new bblog folder. then add to config.php: define('BLOGURL','http://www.example.com/blog/'); define('BBLOGURL',BLOGURL.'bblog/'); // uncommnt if using clean urls // define('CLEANURLS',TRUE); // define('URL_POST',BLOGURL.'article/%postid%/'); // define('URL_SECTION',BLOGURL.'section/%sectionname%/'); Chmod compiled_templates and favorites.xml run SQL: ALTER TABLE `bB_comments` ADD `title` VARCHAR( 255 ) NOT NULL , ADD `type` ENUM( 'comment', 'trackback' ) NOT NULL; CREATE TABLE `bB_plugins` ( `id` int(11) NOT NULL auto_increment, `type` varchar(50) NOT NULL default 'admin', `name` varchar(60) NOT NULL default '', `ordervalue` decimal(3,2) NOT NULL default '50.00', `nicename` varchar(127) NOT NULL default '', `description` text NOT NULL, `template` varchar(100) NOT NULL default '', `help` mediumtext NOT NULL, `authors` varchar(255) NOT NULL default '', `licence` varchar(50) NOT NULL default '', PRIMARY KEY (`id`) ); INSERT INTO `bB_config` VALUES ('', 'PING', 'false'); ALTER TABLE `bB_comments` ADD `deleted` ENUM( 'false', 'true' ) DEFAULT 'false' NOT NULL ; Once you have logged in to bBlog, go to the plugins menu and click 'scan for new plugins' Edit your posts in phpmyadmin, and make sure the section field has : :5:2: instead of 5:2 While you're there, look in the bB_config table, and look at the TEMPLATE row. You should have a folder with that name in your templates folder, either grey or green. look at the included templates, one major thing has changed: {posts} .... {/posts} becomes {getrecentposts assign=posts} {foreach from=$posts item=post} ... {/foreach} Same sort of changes for comments, and single post, look at the included templates for examples.