Apple fixes iPhone flaw that could let hackers take it over remotely

Apple has released an update for the iPhone which it says protects it from the vulnerability, revealed yesterday, that could

let hackers take complete control of the phone, including reading its contacts and calendar details. Although there is no

formal announcement by the company, an update for the iPhone has appeared on users' computers. The phone can only be

protected from the weakness by synchronising it with the owner's computer; unlike other phones, Apple is not allowing network

operators to update the phones "over the air".

Guardian Article

Web to be number one choice for banking in 10 years

People will do the majority of their banking online within 10 years according to analyst TowerGroup. There are almost 600 million online banking users in the world, according to a TowerGroup report, with numbers of users forecast to grow 20 per cent each year. This increase far outstrips predicted demand on bank branches, telephone contact centres and cash machines the analyst said. Online banking is viewed as an important channel for financial services firms, helping to take pressure

away from high street branches. However, banks are still working out how to make their online proposition interesting to customers. Ease of use, along with security and personalisation, were recently found to be among the most valued online banking features by consumers.

Silicon Article

'Fake UK sites' trick consumers

Trading standards officers say that consumers are being tricked into buying fake goods on the internet by companies pretending to be based in the UK. The websites are often based in China, but use "co.uk" as part of their domain name, giving shoppers a false sense of security, they say. It is thought that there could be as many as 480,000 websites which carry

"co.uk", but which are not UK based. The sites sell a range of goods from trainers to hair straighteners.

BBC Article

Panasonic Swings to Loss

Panasonic said today that it swung into the red in the fiscal first quarter ended June 30 as soft demand for electronics and costs related to early retirement programs weighed on its bottom line. The Osaka-based consumer electronics giant posted a net loss of ¥52.98 billion ($600 million) for the April-June quarter, reversing a ¥73.03 billion net profit it made in the same period a year earlier. Revenue for the period fell 26% to ¥1.595 trillion from ¥2.152 trillion a year earlier, partly due to slower sales of its flat panel TVs and digital cameras.

WSJ Article

AT&T leads in global HSPA penetration

As the number of high-speed packet access (HSPA) subscribers approaches the 150 million mark globally, one name stands out on

GSM Association’s list of most active HSPA operators: AT&T. According to the GSMA, AT&T has 28.6 million HSPA connections, accounting for 21% of all HSPA subscriptions worldwide. In fact, AT&T eclipses most of the major names in the global GSM operator community in terms of penetration.

Telephony Online Article

Google Launches A Major Offensive Against Microsoft With “Going Google”

Microsoft and Google have seen their rivalry kicked up a notch in recent weeks. First, Google announced Chrome OS, the company’s first operating system. Then Microsoft announced the new version of Office with major cloud app support. Then Microsoft announced its deal to take over Yahoo’s search business. Starting today, Google is back on the offensive, with a

major promotional campaign to get the word out about organizations switching to Google apps for their daily computing needs.

Tech Crunch Online

Head of English Catholics warns about emails/texting

The head of the Roman Catholic Church in England and Wales is oncerned that excessive use of emails and mobile phone text messaging is creating shallow friendships and undermining community life, according to an interview published yesterday. Vincent Nichols, the Archbishop of Westminster, also said that popular social networking sites led young people to form "transient relationships" which put them at risk of suicide when they collapsed.

Reuters Article