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Wednesday, October 23, 2013
Network Solutions reports more DNS problems
Network Solutions said Tuesday it was trying to restore services after another DNS (Domain Name System) problem.
The latest issue comes two weeks after a pro-Palestinian hacking group redirected websites belonging to several companies whose records were held by Network Solutions, owned by the company Web.com.
Efforts to reach a company spokesperson were not immediately successful.
“We apologize for the issues our customers have experienced as a result of an incident on the Network Solutions DNS,” the company wrote on Facebook. “We’re in the process of restoring services, and we appreciate your patience as we work toward resolution.”
The DNS is a distributed address book for websites, translating domain names such as idg.com into an IP address that can be called into a Web browser. In the past few months, hackers have targeted companies that register domain names and their partners.
A successful DNS hijacking attack can cause thousands of Web surfers to a high-profile website to be redirected to another site even though they’ve typed in or browsed to the correct domain name.
Avira, a security company affected by the attacks two weeks ago, said hackers gained access to its Network Solutions account via a fake password-reset request. Claiming responsibility was a group calling itself the “Kdms Team,” which also attacked the hosting provider LeaseWeb about two days before.
In a separate problem, Network Solutions said Monday some customers could not send email after it was blacklisted by a security company, Trend Micro, and other anti-spam services.
In July, Network Solutions fought off a distributed denial-of-service attack (DDoS) that knocked websites offline and problems with MySQL databases.
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Tuesday, October 22, 2013
Job Growth Was Disappointing, But Some See Reasons For Hope
Hans Kahl (left) speaks with prospective employees at a job fair for veterans, in Miami on Tuesday. With job growth still slow, the Federal Reserve may keep trying to stimulate the economy.
Joe Raedle/Getty Images
Hans Kahl (left) speaks with prospective employees at a job fair for veterans, in Miami on Tuesday. With job growth still slow, the Federal Reserve may keep trying to stimulate the economy.
Joe Raedle/Getty Images
When it finally came out Tuesday, the September jobs report — delayed for 18 days by the government shutdown — showed a labor market moving forward. But the pace was slow enough to prompt many economists to view it as a letdown.
Job growth "is disappointing, given that employment is still down by about 1.8 million from its peak prior to the recession," Gus Faucher, senior economist with PNC Financial Services Group, said in his analysis.
The Labor Department said employers added 148,000 jobs last month — the 43rd straight month of growth. The unemployment rate slipped to 7.2 percent, down a 10th of a point from August. Still, the number of people with paychecks remained lower than before the Great Recession, with many potential workers not even in the game. They were sitting at home, rather than trying to find jobs.
The report showed labor-force participation was unchanged in September at 63.2 percent, but that rate's "long-term decent will continue" unless employers give sidelined workers more reason to resume job searches, Doug Handler, an economist with IHS Global Insight, wrote in his assessment.
Still, beneath the disappointing data, one could find some reasons for optimism in the new year. For one thing, economists are virtually unanimous in saying the relatively weak labor market makes it more likely the Federal Reserve will continue its efforts to stimulate growth.
Throughout the recession and weak recovery, the Fed has used all of its monetary tools to push down interest rates. One of those efforts involves a bond-buying program that has the effect of restraining long-term interest rates. In June, the Fed indicated that U.S. economic growth was getting strong enough that the central bank might begin to "taper" down its stimulus effort.
But given this month's economic disruptions caused by the federal government shutdown — combined with last month's sluggish job growth — the Fed probably will not act until 2014. "A December taper remains possible, but now is increasingly unlikely," Handler said.
Translation: Interest rates probably will still be low on home mortgages come spring.
Meanwhile, the September jobs report showed an increase in construction jobs, up about 20,000 workers. A separate report Tuesday from the Commerce Department showed that in August, private residential construction spending hit the highest level in five years.
So the real estate market may look pretty good for the spring buying season, with fresh inventory and cheap mortgages. A surge in homebuying would boost growth for lots of Americans, in construction, retail, landscaping and so on.
But that optimism assumes Congress will avoid another shutdown and debt ceiling crisis this winter. Congress has set a schedule for itself to complete a budget in January and resolve debt-ceiling issues by Feb. 7. If those federal fiscal matters are resolved in the winter, the economy could brighten with the blossoms. "Job growth should be stronger in 2014 as the drag from fiscal policy on economic growth lessens," PNC's Faucher said.
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Kim Kardashian & Kanye West: Through The Years!
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Have you heard!?
Kanye West proposed to Kim Kardashian!
And she said YES!!!
They started as buddies and bloomed into baby-makin' soulmates!
To celebrate the newly engaged couple, we decided to take a look back and reminisce over all our favorite sightings of Kimye!
CLICK HERE to view "Kim & Kanye: Through The Years!"
CLICK HERE to view "Kim & Kanye: Through The Years!"
CLICK HERE to view "Kim & Kanye: Through The Years!"
CLICK HERE to view "Kim & Kanye: Through The Years!"
CLICK HERE to view "Kim & Kanye: Through The Years!"
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Revolt TV CEO on Sean Combs' Plan to Conquer Cable
Sean Combs is betting big on Revolt TV.
At 5 p.m. EST Monday, the all music channel goes live in the homes of about 22 million Comcast subscribers and 12 million Time Warner Cable customers, marking one of the biggest launches of a cable channel in years.
Revolt TV is the latest brainchild of Combs (aka Diddy, P. Diddy, Puff Daddy), a serial entrepreneur who has found success in music as an executive and hip hop artist as well as in fashion, liquor, marketing and more, helping him accumulate a fortune that Forbes estimated in 2012 at $550 million.
Now, seven years after he first conceived a new kind of all music channel, Combs is pouring tens of millions of that into launching a service aimed at 18 to 34 year olds – members of the Millennial generation – who consume more music than ever but not necessarily in traditional ways like listening to the radio or watching cable TV. In fact, they are the generation often described as “cord cutters,” because they haven’t rushed to subscribe to cable and often are more likely to view TV on a mobile phone or tablet computer than on the living room flat screen.
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Combs has chosen Keith Clinkscales, who helped Quincy Jones launch Vibe magazine and spent years doing content development for ESPN, to be CEO of Revolt TV. He hired former MTV programming chief Andy Schuon as president. They have been working with a team of more than 100 other hires, mostly at Los Angeles headquarters and in New York City, to figure out how to make the all music formula work on TV.
Clinkscales says it's a good time to launch because music and digital consumption are both up.
"You have more and more bands and artists going across the whole eco system. Music is very healthy," Clinkscales tells The Hollywood Reporter. "To have a place that can be the center of that—we would like to earn that position by reaching our fans well. We have to have good access and engage with the artists and be able to go ahead and provide sponsors, advertisers, and record companies a place we can meet."
Two decades after he founded Bad Boy Records, Combs at 44 seems confident he can reach the younger generation and build a significant business by reaching his audience on Facebook, Twitter, Instagram and other social media as a way to lure them to watch his cable channel. He calls it the first launch in the era of social media.
His pitch is simple. It will be fresh, new and unlike what you have seen before. “I said it twice,” he recently tweeted, “and imma say it again. No Rules. Anything can happen. @RevoltTV.”
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Combs has crisscrossed the country in the last year meeting with brands and advertisers, talking up his channel vision to advertisers, media and some private investors who have joined his latest venture as minority investors.
He seems confident even though there are lots of challenges for a music channel. Consider that MTV started with a business plan similar to what Combs has in mind – get lots of videos at little cost from record companies and artists, present them with exciting young personalities, fill in airtime with music oriented news and attract advertisers who are hip to the value of this audience.
What happened, however, was that over time MTV couldn’t generate high enough ratings with that formula. So it shifted its focus to individual shows, first with reality and then scripted, pushing the music to MTV 2, until that too became more series oriented.
There is also Fuse, a music channel owned by The Madison Square Garden Company, Mark Cuban’s AXS pay channel, and of course Viacom’s VH-1, which programs music and series but for a somewhat older crowd. All have struggled to build their own viewership to a significant level.
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Revolt TV is one of about ten channels chosen by Comcast for carriage in fulfillment of a 2011 agreement when the big cable company bought NBCUniversal to provide more diversity across the dial. Combs was one of those who sought such carriage and he won that lottery; but now he has to prove his formula will really draw Millennials.
Clinkscales says that both Comcast and Time Warner Cable, which is also a charter carrier of Revolt TV, see this as a way to turn those cable cutters into cable consumers. The two cable giants are distributing but are not investors in Revolt TV.
“The leadership opportunity for them was to recognize what were trying to do is reach a new generation of people that are going to be watching cable in the future,” says Clinkscales. “When I came out of college getting cable was an extremely important thing in my life. For the generation currently coming out of college and going into the workforce that challenge is something cable operators have to address. We’re hoping to develop the kind of product that can help them meet that challenge.”
Clinkscales says that they believe the combination of social media, an online presence (but not a full stream of the channel) and smart programming carefully targeted at their Millennial audience will draw in viewers, who then will return because of the environment of music, culture, fashion and insider insights that they will create.
“This won’t be just a channel,” says Clinkscales. “The main thing were going to do is be a place where you can get news and information about music. We want to make sure when you come to Revolt, you’re getting a full picture of what is happing in the world of music.”
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In September, Revolt TV hired Bruce Perlmutter, the former editor of E! News and E! Online, to head the news operation. Clinkscales says they will have reports not only about music newsmakers, but also behind the scenes at concerts, music festivals and related events.
The shows being planned are being designed both to attract Millennials and to interact with them. One called Power To The People is supposed to reflect content based on feedback from the audience.
Combs' presence suggests that music and the related news will be mostly urban, hip-hop and possibly R&B-related, but Combs has said (and Clinkscales is adamant) it will program beyond that.
“We are working hard from the launch to be not just an urban channel but a channel that covers all music from alternative to rock and roll to hip-hop and down the line.”
Even country? “If young people bang it,” promises Clinkscales, “we’ll cover it. If the target audience we are after likes electronic dance music, we’re going to be there.”
They don’t plan to sign a lot of artists to exclusive music and video breaks, at least not initially. And Clinkscales insist that it will be one of the few places to discover emerging artists – whom it plans to identify early on and bring to the market.
“We want artists to be more vulnerable & say what they really feel,” read a recent Revolt TV tweet, “even introduce us into their private lives. Don't be upset when they do.”
“We're out here on a mission,” read another tweet, “to use music as an influence to make your OWN rules. Get it ? No Rules.”
Revolt TV also has a movie division, Revolt Film, which to date has one picture and one documentary under its belt. The movie, Lawless, starring Shia LaBeouf and Jessica Chastain, was released in Aug. 2012 and grossed about $51 million worldwide. Revolt Film came on board Lawless as a financier after it's premiere at the Cannes International Film Festival.
So will Combs rule as he has in hip-hop, fashion and as a vodka salesman? He has said he is ready to do and spend what it takes for as long as it takes.
“You can feel music now bringing back the excitement and emotion of the timeless years,” read another Revolt TV tweet. “It's a marathon, not a sprint.”
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Netflix's outlook, user gains reinforce growth hopes
By Lisa Richwine
LOS ANGELES (Reuters) - Netflix Inc gained more subscribers than expected at home and abroad, helped by original series like "Orange is the New Black," and predicted additional growth this quarter, sending its shares surging 9.4 percent to a record high on Monday.
Netflix, the biggest gainer in the S&P 500 in 2013, quadrupled profit in the third quarter as it added a higher-than-expected 1.3 million subscribers to its subscription video streaming service.
The company, which has invested heavily in original content such as political satire "House of Cards" to draw in subscribers, said it had 31.1 million U.S. streaming users in the third quarter. It expects to end the year with 32.7 million to 33.5 million users, accelerating that momentum.
"That keeps the view alive that this company has a larger subscriber base and has pricing leverage in its corner to extract more value," said Janney Montgomery Scott analyst Tony Wible, who rates Netflix a "buy".
Netflix's shares rose to $388.50 in after-hours trading, compared with their close of $354.99 on the Nasdaq. The stock has racked up successive life highs since September, as investors bet on its growth prospects.
During the quarter, Netflix released critically acclaimed prison drama "Orange is the New Black," part of its investment in exclusive original programming to keep and attract customers to its $8-a-month movie and TV streaming service.
Its original series slate attracted buzz during the quarter, with 14 Emmy nominations and three wins for shows including "House of Cards."
The company said it will double investments in original programming in 2014, when it will air second seasons of both "House of Cards" and "Orange is the New Black."
MOMENTUM
Wall Street also singled out the company's strong growth abroad. It added 1.4 million customers in international markets, bringing its reach in foreign territories to 9.2 million.
Netflix reported earnings-per-share of 52 cents, beating the average of 49 cents projected by Wall Street analysts surveyed by Thomson Reuters I/B/E/S.
Net income for the quarter reached $32 million, up from $8 million a year earlier, Netflix said in its quarterly letter to shareholders.
Standard & Poor's equity analyst Tuna Amobi said Netflix appeared to be gaining traction in some of its newest markets, and noted that "Orange is the New Black" will end the year as the company's most-watched original series.
"There is not a whole lot not to like. There is a whole lot of momentum behind the story," said Amobi, who has a "hold" rating on the stock. "They appear to have turned an important corner for potentially sustained subscriber growth."
(Additional reporting by Liana B. Baker in New York; editing by Matthew Lewis)
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Daily Roundup: Surface 2 review, Google's Project Shield, LG's Chrome OS fixation and more!
You might say the day is never really done in consumer technology news. Your workday, however, hopefully draws to a close at some point. This is the Daily Roundup on Engadget, a quick peek back at the top headlines for the past 24 hours -- all handpicked by the editors here at the site. Click on through the break, and enjoy.
Google's Project Shield
Not to be confused with NVIDIA's Android handheld, this Project Shield aims to allow small site owners to "serve their content through Google" in an attempt to thwart DDoS attacks. Head on over to the full post for more about Google Ideas' latest project.
Microsoft Surface 2 review
Microsoft's second generation of Surface tablets go on sale this week, and we've got you covered with a full review of the Surface 2. In addition to a slimmer, lighter chassis, Microsoft's Surface RT successor steps up to a faster Tegra 4 processor, sharper 1080p screen and a sturdier kickstand. But are these hardware improvements really "the changes the people need," to quote Surface GM Panos Panay? Click through to find out.
Unbounded Robotics introduces UBR-1
Meet UBR-1, a smaller, cheaper version of Willow Garage's famed PR2 robot. Serving as a mobile manipulation platform, the UBR-1 can move itself around and perform tasks like stocking shelves or inspecting products. Worried about the impending robopocalypse? Continue reading to find out whether this one-armed, $35,000 bot is coming to destroy us.
LG looks set to launch its first Chrome OS devices
LG has filed trademarks for "ChromeOne," "ChromeDesk," and ChromeStation." We try not to count our chickens before they hatch, but each filing could represent three new pieces of hardware running Chrome OS. Is LG jumping on the Chrome bandwagon alongside Samsung, Acer, HP and Lenovo? Follow the link and let us know what you think in the comments section.
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