Snappy-Tech Podcast Show Notes - 06/08/2017
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Snappy-Tech Podcast #7 - Show Notes
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Link:https://www.youtube.com/watch?v=vg6_VC_z83A
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Joke:In the same page of Google offering WAY too much for Snap, we've put in a $50bn offer for Yahoo, the company that was bought out for $5bn a few months ago
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Special Guest:None
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TitleURL Notes
Covered?
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Google offering $30bn for Snap
http://uk.businessinsider.com/google-offered-to-buy-snapchat-for-at-least-30-in-early-2016-insiders-say-2017-8?op=1&r=US&IR=T
• Three people, inside and close to the company, separately confirmed the story
• The offer was supposedly made pre-IPO and was an "open secret" within Snap
• Snap's market cap rose to just under $30bn, before falling consistently and hitting $14bn. This news has lifted it and is currently at $15.94bn
• Even if this offer is on the cards, the biggest roadblock seems to be Evan Spiegel, who is highly against selling Snap
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http://gadgets.ndtv.com/apps/news/google-snapchat-buyout-offer-snap-inc-30-billion-1733592
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Apple working on LTE/Standalone version of the Apple Watch
https://www.bloomberg.com/news/articles/2017-08-04/apple-said-to-ready-cellular-capable-watch-to-break-iphone-ties
• It is unknown whether the LTE would allow just data connectivity, or allow the device to function as a fully fledged standalone device
• Intel are said to be supplying the LTE modems, as Apple are currently in alegal dispute with their largest supplier for the iPhone, Qualcomm
• The company had planned to release an LTE-capable model last year, but chose to hold off due to battery life issues, Bloomberg News reported at the time
• This adds to the busy year for Apple, with 3 phones expected in September, the HomePod and iMac Pro expected in December, and an Mac Pro expected in 2018/2019
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http://www.bbc.co.uk/news/technology-40834104
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Bail of $30,000 set for UK cyber expert Marcus Hutchins
http://www.bbc.co.uk/news/technology-40833951
• Story started off as rumours as he has mysteriously disappeared and no one was sure where he was
• “At this point we've been trying to get in contact with Marcus for 18 hours and nobody knows where he's been taken," one friend told MotherBoard. "We still don't know why Marcus has been arrested and now we have no idea where in the US he's been taken to and we're extremely concerned for his welfare."

• They claimed he had been detained at the Henderson Detention Centre in Nevada, and later moved to an undisclosed location.
• Marcus had been in Las Vegas attending DEF CON and Blackhat
• He was at the airport, about to fly back to the UK, he was arrested by FBI agents

• Maximum sentence of 40 years in prison in the US if he is found guilty of the charges.
• He was granted £23,000 bail, but with the hearing being last thing on Friday, he had no chance to get the money together and will will spend the weekend in prison
• A Legal Defence Fund has been set-up for donations via LawPay, go to https://secure.lawpay.com/pages/torekeland/hutchinsldf (or http://snpy.tech/hutchinsldf) to donate
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https://twitter.com/MabbsSec/status/893624617142759425
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NSA unlawfully surveiled Kim Dotcom, to receive seized funds, “4 containers full of seized property”
https://arstechnica.com/tech-policy/2017/07/kim-dotcom-set-to-receive-seized-funds-4-containers-full-of-seized-property/
• Dotcom was surveilled by the NSA and the GCSB in a joint intelligence operation named Operation Debut. Surveillance was scheduled to end in January 2012, but the US continued to use New Zealand's technology.

• He has been accused of criminal copyright infringement, he denied the charges, and is currently fighting attempts to extradite him to the United States

• Dotcom since launched another cloud storage service called Mega. Mega uses encryption to prevent government or third-party "spies" from invading users' privacy
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http://thehill.com/policy/cybersecurity/344742-nsa-unlawfully-surveiled-kim-dotcom-in-new-zealand
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Hackers breach dozens of voting machines brought to conference
http://thehill.com/policy/cybersecurity/344488-hackers-break-into-voting-machines-in-minutes-at-hacking-competition
• DEF CON hosted a "Voting Machine Village," where attendees can try to hack a number of systems and help catch vulnerabilities
• They acquired 30 machines for hackers to tamper with. with every voting machine in the village hacked
• “It took me only a few minutes to see how to hack it,” said security consultant Thomas Richards
• One machine was powered by Windows XP, which can be accessed remotely through a Wi-Fi system
• individual manufacturers conduct their own testing and don't make their code available to outside experts, making their systems incredibly vulnerable
• There is hope that this will spark further collaborations between manufacturers and security experts
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Bitcoin breaks $3,000 to reach new all-time high
https://techcrunch.com/2017/08/04/bitcoin-3000
• Earlier this year BTC broke $2000 per coin for the first time in it's history, but has been declining the last two months

• This has been due to fears of Bitcoin having a hard-fork into two separate currencies, with two parties having different approaches behind how to better handle transaciton
• This fork has led to the creation of Bitcoin Cash (BCH), with all BTC owners entiteld to the the same amount of BCH. However, a lot of large BTC exchanges claim they won't support BCH, including Coinbase
• This has lead to MAJOR backlash, with Coinbase and GDAX announcing that they will both support BCH from 2018

• BCH has been extremely volatile since being first mined. It came in at $400 per BCH, rose to $756.93 but has been steadily declining since. It is currently at $209.30
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