Archive for May, 2008

Computer attackers

The computer attackers who took down Comcast’s homepage and webmail service for over five hours Thursday say they didn’t know what they were getting themselves into.

In an hour-long telephone conference call with Threat Level, the hackers known as “Defiant” and “EBK” expressed astonishment over the attention their DNS hijacking has garnered. In the call, the pair bounded freely between jubilant excitement over the impact of their attack, and fatalism that they would soon be arrested for it.

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Apple continues iPhone distribution

Apple continues its aggressive iPhone distribution expansion, with several Scandinavian countries on the schedule now to get the coveted smartphone.

On Tuesday, operator TeliaSonera announced it will sell Apple’s iPhone in Sweden, Norway, Denmark, Finland, Lithuania, Latvia and Estonia. No pricing information was released, and TeliaSonera only said availability would be sometime “later this year.”

TeliaSonera’s limited information on the iPhone is similar to other operators that have agreements with Apple.

But the inclusion of Scandinavia is another sign pointing towards an imminent launch of a model supporting 3G (third-generation) technology. Introducing the current iPhone, which does not support 3G for faster mobile broadband, would not be wise in the advanced Scandinavian marketplace, according to Leif-Olof Wallin, analyst at Gartner.

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Residential Real Estate

There is the current problems in the housing industry in the United States today. It is now prevalent to hear forclosures from state to state and that there are millions of homeowners being unhappy of what is happening. There was a mortgage problem that is beyond our reach that even the government has to find solutions or fix the problem before it affects the economy in a gigantic manner. According to the National Association for Realtors,they reported that at the end of April there is 18% or some 720,000 of the four million existing homes currently on the market had negative equity and were either short sales or foreclosures. There will be no large foreclosure prevention bill is set to be signed before the summer.

It’s really hard for the homeowners to refinance yet there are some help out there to avoid foreclosures. You can try the services of MorCap Fund Advisors, which is a management consulting firm specializing in mortgage banking and residential real estate or REO. They represent capital market investors in finding, acquiring, servicing, and resolution of non performing residential mortgage loans and bank owned by REO assets. Yes, the REO problem is here and it is time to cling for help. Try MorCapAdvisors today!

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