Articles about Auction

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Zuck off: Facebook's big kahuna sues Hawaiians to kick 'em off their land

Facebook boss Mark Zuckerberg is suing dozens of families in Hawaii to force them to give up land they've owned for generations. The Honolulu Star Advertiser reports that the Zuck's secluded sanctuary on the garden island of Kauai is at the heart of court proceedings between islanders and the billionaire exec who, by the way, …
Shaun Nichols, 19 Jan 2017
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Kill it with fire: US-CERT urges admins to firewall off Windows SMB

The US computer emergency readiness team is recommending organisations ditch old versions of the Windows SMB protocol and firewall off access to file servers – after a potential zero-day exploit was released by the Shadow Brokers hacking group. The call from the US security clearing house does not name the Shadow Brokers as …
Darren Pauli, 18 Jan 2017

Shadow Brokers spew Windows hack tools after exploit auction flop

Security exploit peddlers Shadow Brokers announced their retirement on Thursday – and released 58 tools for hacking Windows PCs for free by way of a parting gift. The shady group is essentially giving up, and shoving malicious code – most of which is detected by Kaspersky and a few other antivirus makers – into the hands of as …
John Leyden, 12 Jan 2017
Made in China

We've been Trumped! China's Alibaba is a 'notorious' knock-offs souk, says US watchdog

The United States Trade Representative (USTR) has put Alibaba's Taobao, the Chinese internet giant's online auction site, on its "notorious markets list" of sites that regularly deal in counterfeit goods. In a bulletin this week [PDF] the USTR noted that Taobao, which is the world's largest online shopping destination by gross …
Iain Thomson, 22 Dec 2016
Auctioneer with hammer

Bayrob: Romanian auction fraud suspects extradited to the US

Three suspected cybercriminals have been arrested and extradited from Romania to the US over a multi-million dollar malware-facilitated scams. The suspects are believed to be members of a gang, nicknamed Bayrob by Symantec researchers, which allegedly earned a living from online fraud for nearly a decade. The indictment claims …
John Leyden, 19 Dec 2016

FCC chairman confirms he will step down, make way for Trump choice

Analysis Following weeks of speculation and a refusal to state his plans, on Thursday chairman of the Federal Communications Commission (FCC), Tom Wheeler, announced he would step down from the role on January 20, allowing president-elect Donald Trump to select a new head of the US comms watchdog. "Sitting in this chair has been the …
Kieren McCarthy, 15 Dec 2016
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Violin Memory shares collapse as it files for chapter 11

+Comment Violin Memory has bowed to the inevitable and made a Chapter 11 filing. A chapter 11 bankruptcy filing doesn't always signal it's over, but it might mean the early flash pioneer is getting there. Violin Memory's tortured struggle to stay in business now depends upon it streamlining its business further and pursuing a sale. …
Chris Mellor, 15 Dec 2016
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Telstra is filthy about being barred from spectrum auction

Australia's dominant carrier Telstra has expressed its displeasure with yesterday's decision to exclude it from an auction for some useful-for-4G spectrum in the 700MHz bands, in the name of enhancing competition. “We are disappointed with the decision to limit how much spectrum any party can hold in the 700 MHz band,” a Big T …
Simon Sharwood, 14 Dec 2016
Cell tower, view from below. Image by Shutterstock.com

Telstra effectively barred from 700 MHz spectrum auction to boost rivals

Australia's communications minister Mitch Fifield has put a price on Australian Reg readers' heads: a lousy dollar and twenty five cents. That's the price would-be-bidders will need as table stakes in the forthcoming auction for Australia's 700 MHz spectrum, which has set that sum as the per-MHz, per-head price for the slice …
Simon Sharwood, 14 Dec 2016

Ofcom slaps ban on BT/EE 4G spectrum bid

Communications giant BT/EE will not be able to bid for more 4G spectrum in the forthcoming auction, according to proposals by communications regulator Ofcom. Next year, Ofcom will auction 190 MHz of spectrum in the 2.3 GHz and 3.4 GHz bands – an increase of just under a third of the total mobile spectrum currently available. …
Kat Hall, 21 Nov 2016
Money falling, image via Shutterstock

PIR saves millions in .org rebid

The non-profit that runs all .org domains and provides the bulk of the funding for the Internet Society and Internet Engineering Task Force has just saved itself millions of dollars a year. Public Interest Registry (PIR) announced Monday that it had re-selected Afilias as its backend operator after a nine-month retendering …
Kieren McCarthy, 14 Nov 2016

Hitler's wife's lovely lilac knickers fetch £2,900 at auction

An old pair of knickers have been sold at auction for £2,900. The lilac panties belonged to Eva Braun, the mistress who married Adolf Hitler before she committed suicide by cyanide capsule as Nazi Germany faced collapse in April 1945. It is unlikely she was wearing them at the time. Originally expected to bring in £400, the …
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We're great, you don't understand competition law, Google tells Europe

Google has sought to blunt the European Commission’s three-prong inquiry into its business practices – by claiming the Eurocrats don’t understand antitrust law. Writing on Google’s corporate blog, senior VP and general counsel Kent Walker disclosed that Google has responded to the Commission’s shopping and advertising concerns …
Andrew Orlowski, 04 Nov 2016

Sweden axes 700MHz spectrum sale over 'national security' fears

In a surprise announcement, the Swedish government has scrapped its plans to auction off 700MHz spectrum citing security concerns. The auction was due to begin on December 1 but acting director of the country's telecoms agency, Post & Telestyrelsen (PTS), Catarina Wretman announced she had decided to cancel it a month before …
Kieren McCarthy, 01 Nov 2016

Shadow Brokers leak systems hacked by NSA – mostly mail and uni servers in India, China

The Shadow Brokers crew has dumped online a list of servers apparently compromised by NSA hackers. The list contains historic targets of the NSA-linked Equation Group. The date stamps suggest the systems were compromised around 2001 and 2003, and they appear to be used as bases from which US snoops could carry out surveillance …
John Leyden, 31 Oct 2016
Stick cricket app screenshot

Facebook, Amazon, Twitter and BT bid for Indian cricket online

Amazon, Facebook, Twitter and BT have been revealed as bidders for rights for India's top sporting attracting, the Indian Premier League (IPL) cricket competition. IPL matches often attract more than 100 million television viewers and the League runs all-but-daily for nearly two months, making it a media monster with few …
Simon Sharwood, 19 Oct 2016

ShadowBrokers put US$6m price tag on new hoard of NSA hacks

A group thought linked to a Russian hacking outfit has moved to cash in on its cache of likely NSA exploit tooling, by offering it in exchange for 10,000 Bitcoins. The group known as "ShadowBrokers" wrote that they will release a password to a public encrypted cache of alleged NSA tools and exploits. It is the second cache …
Darren Pauli, 17 Oct 2016
Acer XR341CKA gaming monitor

Time to crack down on sales of dragon's gold - securobods

Security researchers have urged gaming companies to crack down on virtual currency auction and sales sites, reckoning criminals are cashing in to launder stolen money. The research team at Trend Micro says most black hats steal the currency using online game exploits or by using malware and phishing to compromise players, …
Darren Pauli, 13 Oct 2016
A broken phone

Boost Ofcom's powers and fix mobile market woes, Three and TalkTalk tell MPs

Mobile telcos Three and TalkTalk told MPs today they want more power to go to Ofcom in the forthcoming Digital Economy Bill, in order to rebalance the market away from the dominance of BT/EE. Speaking at an evidence hearing on the forthcoming Digital Economy Bill, TalkTalk chief exec Dido Harding said: "I think inherently …
Kat Hall, 11 Oct 2016

Ofcom kicks off 5G auction consultation

Communications regulator Ofcom has opened a consultation on the first tranche of its 5G spectrum auction. The consultation presents its initial thinking on how it could expand spectrum access for mobile services in the 3.6 – 3.8 GHz band, said the regulator. The band is currently used by fixed links and by satellite services …
Kat Hall, 07 Oct 2016

Brit telcos plead with Ofcom: No one should own more than 30% of available spectrum

Telcos are calling on Ofcom to slap a 30 per cent cap on operators bidding in the next spectrum auction - a move that would limit the proportion of airwaves an operator can own. TalkTalk, Three, CityFibre, the Federation of Communication Services, and Relish called on the regulator to impose the moratorium in a joint letter …
Kat Hall, 03 Oct 2016
Pippa Middleton

British bloke bailed after 'hacker plunders Pippa Middleton's iCloud'

A man in Northamptonshire, UK, has been quizzed by cops investigating attempts by a hacker to sell the private photographs of Pippa Middleton – the sister to the Duchess of Cambridge. This weekend, The Sun reported that someone using the nickname "Crafty Cockney" contacted it with an offer of the contents of Ms Middleton's …
Iain Thomson, 26 Sep 2016
Auctioneer with hammer

Going, going, done: Trio of prolific auction fraud fraudsters jailed

Three men have been jailed yesterday over a conspiracy to commit internet shopping fraud scam that involved taking payments for non-existent goods and services. Calin Serbenescu, 28, a former labourer, was sentenced to five years' imprisonment; Ionut Cotavian Anitescu, 26, unemployed, was sent down for three years; while Dorel …
John Leyden, 20 Sep 2016

UK's EE scores network reliability clean sweep, rival dwarves fume

EE has edged ahead of CK Hutchison’s Three as the most reliable UK mobile network, according to RootMetrics' biannual survey. With its scale and tasty spectrum, EE still tops the board in overall performance, and all six individual measures including network speed, data, call and text performance. The previous survey, …
Andrew Orlowski, 06 Sep 2016
An upset woman with an empty wallet

US spectrum auction falls short by, oh, you know, $66bn thanks to tightwad mobile giants

The US Federal Communications Commission (FCC) will have to change its plans for the 600MHz radio spectrum auction for mobile broadband – after the latest stage of bidding raised just $22.4bn of an $88bn goal. "Bidding in the forward auction has concluded for Stage 1 without meeting the final stage rule and without meeting the …
Shaun Nichols, 31 Aug 2016

'NSA' hack okshun woz writ by Inglish speeker trieing to hyde

The perpetrator behind the dumping of tools penned by the probably-the-NSA hacking squad called"Equation Group" appears to be a native English speaker, according to linguistic data researcher Shlomo Argamon. Earlier this month some 300 files were circulated online purporting to be stolen from the Equation Group, which is …
Darren Pauli, 23 Aug 2016

UK's mass-surveillance draft law grants spies incredible powers for no real reason – review

IPBill An independent review into bulk surveillance powers in the forthcoming Investigatory Powers Bill has warned that there is no proven case to let British snoops hack the planet. The study group examined the UK government’s Operational Case for Bulk Powers [PDF], which provided the government’s reasons for needing the most …

Gawker.com to shut down

In the aftermath of losing a $140m privacy lawsuit to Hulk Hogan after publishing a private sex tape of the wrestler, Gawker Media is being sold off – well, nearly all of it. The vast majority of Gawker Media – including websites like Gizmodo and Lifehacker – has been gobbled up by Spanish-language telly giant Univision for $ …
Chris Williams, 19 Aug 2016
Smilin' Marv

Cisco confirms two of the Shadow Brokers' 'NSA' vulns are real

It's looking increasingly likely that the hacking tools put up for auction by the Shadow Brokers group are real – after Cisco confirmed two exploits in the leaked archive are legit. The two exploits, listed in the archive directory as EPICBANANA and EXTRABACON, can be used to achieve remote code execution on Cisco firewall …
Iain Thomson, 17 Aug 2016
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#Shadowbrokers hack could be Russia's DNC counter-threat to NSA

One of the most interesting hacks in recent memory is almost certain to be a compromise of infrastructure operated by an ultra-elite hacking group thought to be the United States' National Security Agency. The breach involves the public release of more than 300 files that showcase a host of exploits against companies including …
Darren Pauli, 17 Aug 2016
Russian astronauts

Russia investigates downsizing space station crew from three to two

NASA has confirmed that the Russian Federal Space Agency Roscosmos is mulling whether or not to continue staffing the International Space Station with its usual complement of astronauts. Last week the Russian newspaper Izvestia quoted Sergei Krikalev, director of manned programs at Roscosmos, saying that the agency had …
Iain Thomson, 17 Aug 2016
Auctioneer with hammer

FCC airwaves auction opens bidding

The US Federal Communications Commission (FCC) has formally opened the bidding process on a spectrum auction that looks to raise billions in revenues and expand the coverage and quality of wireless broadband networks. The Commission on Tuesday kicked off the "clock phase" portion of the auction, in which telco providers submit …
Shaun Nichols, 16 Aug 2016

Shadow Broker hacking group auctions off claimed NSA online spy tools

A group calling itself the Shadow Brokers has started an online auction for top-of-the-range tools it claims were stolen from the Equation Group, a digital attack squad linked to the NSA. The Shadow Brokers posted up news of the auction saying (in broken English) that they had been monitoring the Equation Group's servers, had …
Iain Thomson, 15 Aug 2016
Girder photo via Shutterstock

Microsoft: Why we had to tie Azure Stack to boxen we picked for you

Microsoft has explained the rationale behind last month’s announcement that you won’t be allowed to simply download Azure Stack and get going. In July Redmond informed fans the only way they’d be able to get Azure in their own data centres would be on hardware of its choosing. Specifically, Azure Stack will only come pre- …
Gavin Clarke, 15 Aug 2016

Cyber-crime cost calculation studies are rubbish: ENISA

ENISA, the European Union Agency For Network And Information Security, has taken a look at “cost of cyber attack” studies and reckons they're not much good. The agency is far too polite to put it that way, but in this report, it says there's no consistent approach to trying to quantify the cost of attacks on what it calls …
Bitcoin

Uncle Sam set to flog Silk Road's Bitcoins

The US Marshals have set the date for an auction of Bitcoins seized in the takedown of the Silk Road market and its aftermath. The Marshal Service says it will be auctioning off a block of 2,719.32669068 units of the cryptocurrency on August 22. The estimated worth of the Bitcoins is $1.6m. Among the coins to be auctioned are …
Shaun Nichols, 08 Aug 2016

Simply not credible: The extraordinary verdict against the body that hopes to run the internet

In an extraordinary judgment, the organization that hopes to take over running the top level of the internet later this year has been slammed by an independent review as at best incompetent and at worst deliberately mendacious. The decision [PDF] by ICANN's Independent Review Panel (IRP) over the organization's decision to …
Chris Williams, 03 Aug 2016

Give .gay to the gays, roars exiting ombudsman

The independent ombudsman at DNS overseer ICANN has used his last day on the job to fire a broadside over the ".gay" top-level domain. In a ruling published on his own website, Chris LaHatte argues that the organization's board should reject a recommendation by its own governance committee (BGC) and should grant special …
Kieren McCarthy, 29 Jul 2016

Someone (cough, cough VeriSign) just gave ICANN $135m for the rights to .web

An unnamed organization just paid $135m for the rights to sell ".web" domain names. This is three times the previous record of $45m for .shop, and seven times the average auction price for top-level domains. The massive price tag has raised eyebrows in the domain name industry, not least because one of the companies taking …
Kieren McCarthy, 28 Jul 2016
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FCC approves 5G auction

The Federal Communications Commission (FCC) has unanimously approved the auction of a large block of its airwaves to be used by next-generation 5G networks. The regulator's decision will make the United States the first nation to allocate a large chunk of high frequencies to the coming technology. Those frequencies were …
Kieren McCarthy, 14 Jul 2016
sale

Confirmed: Dell software sell-off

Dell has confirmed rumors that it is selling off its software division to private equity firms Francisco Partners and Elliott Management. "Francisco Partners and Elliott Management's deep passion for technology and proven track records in nurturing and building software businesses will enable Dell Software's loyal base of …
Iain Thomson, 20 Jun 2016

Queen's birthday honours shower knighthoods and gongs on tech's finest

The UK IT industry was plunged into paroxysms of modesty, humility and genuine self-effacement today, as the PRs got to work in the wake of the Queen’s birthday honours list. Tech luminaries made a good showing this year, from the lower rungs of BEMs and MBEs right up to dizzying heights of knighthoods. On which note, arise …
Joe Fay, 13 Jun 2016

One entire US spook base: Yours for $1m+

Those readers with a few bucks to spare and who fancy owning an entire US base with a decidedly spooky history should proceed directly here for the opportunity to bid on Sugar Grove Station in West Virginia. The facility once served nearby antennas forming part of ECHELON, and although the eavesdropping kit isn't included in …
Lester Haines, 09 Jun 2016

Digital ad biz is fraudulent by design, complain big brands

Global trade body the World Federation of Advertisers (WFA) has produced a useful guide to the digital ad industry's toxic sludge. The WFA represents the biggest spenders on digital advertising, such as Unilever and MasterCard, and they're not happy. Advertisers lose out from ad fraud, and firms need to clean up their own act …
Andrew Orlowski, 07 Jun 2016
Illustration of a "bitcoin" dissolving into numbers. Photo by SHutterstock

Bitcoin to be hammered – in an auction, that is

Australia is getting ready to sell off a bunch of Bitcoin seized by police under proceeds of crime laws, in an international auction. Ernst & Young will put more than 24,000 Bitcoin under the hammer, so to speak, at a most-current valuation of around US$11.5 million (more than AU$16 million). The auction is slated for June 20 …
Google provides great mobile coverage for Yetis

Goa grabs Google, whispers 'come here, you Loon'

The Indian state of Goa wants to attract Google to the region for its Project Loon balloon broadband trials. The news comes as the Chocolate Factory gets close to agreement with Indian carrier BSNL about spectrum sharing. India's national government has long shown an interest in Loon. In November 2015, the minister in charge …

French duck-crushing device sells for €40k

A duck-crushing device pertaining to posh Paris eatery Tour d'Argent has sold at auction for a wallet-draining €40,000. The silver-plated duck press was specifically created for the preparation of the restaurant's signature canard à la presse, and had been expected to attract around €4,000-€6,000 when it went under the hammer …
Lester Haines, 10 May 2016
the red underpants are bugging from buechertiger's Flickr feed of Bonn street art

Vodafone changes mind, wants 700 MHz spectrum after all

Vodafone has put a half-billion-dollar offer to the Australian government for the 700 MHz spectrum it skipped in the government's 2013 spectrum auction. The company has told telecommunications industry newsletter Communications Day it wants to take the licenses for a shorter term than the auctioned spectrum – 11 years rather …
eBay

eBay buys AI biz Expertmaker for machine learning boost

eBay has announced it is buying AI firm Expertmaker, which specialises in AI, machine learning and data analytics. The e-commerce giant has been working with Expertmaker since 2010 to organise and crunch massive data sets. It will join eBay’s structured data product and technology team. Financial terms of the deal were not …
Katyanna Quach, 06 May 2016
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FCC 126MHz 5G auction

The FCC says that it will be able to offer 126MHz of spectrum space to US cell networks in its upcoming auction. The American comms regulator set the target with a planned May 31 start date for the auction, in which wireless carriers will bid on spectrum space previously used by TV stations for over-the-air broadcasts. The …
Shaun Nichols, 29 Apr 2016