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The world has, for the past few years, been awash with unicorn creams. The unicorn, that hallowed status when a startup reaches a billion dollar valuation, would seem to be the ambition of nearly every startup founder.
But the technology industry downturn over the past few months has called the unicorn model into question. All those companies that poured incredible amounts of money into growth at all costs, and purposely ignored revenue and profitability, went out on a serious limb -- and there is going to be some real pain as many of these companies have their valuations trimmed radically.
But all the while that the Ubers, Boxes and SnapChats were raising their monster rounds, other companies were going along a much more cautious route -- raising (comparatively) modest amounts, focusing on revenue acquisition and keeping a close eye on the bottom line.
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Attackers are abusing the Windows Background Intelligent Transfer Service (BITS) to re-infect computers with malware after the machines have been already cleaned by antivirus products.
The technique was observed in the wild last month by researchers from SecureWorks while responding to a malware incident for a customer. The antivirus software installed on a compromised computer detected and removed a malware program, but the computer was still showing signs of malicious activity at the network level.
Upon further investigation, the researchers found two rogue jobs registered in BITS, a Windows service that's used by the OS and other apps to download updates or transfer files. The two malicious jobs periodically downloaded and attempted to reinstall the deleted malware.
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The Samsung Galaxy X range will have foldable screens, with release date early next year. Deep-throat rumor-mongers say there''ll be two models, different from the upcoming Galaxy S8 range.
[Developing story: Updated 7:26 am PT with more comment]
So forget today''s ho-hum, derivative, Samsung Galaxy S7. Finally, we''re going to see major change in smartphone form-factors. In IT Blogwatch, bloggers compare and contrast.
Your humble blogwatcher curated these bloggy bits for your entertainment. Not to mention: Cat-faced humidifier…
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 IBM recently announced the Data Science Experience on its Bluemix cloud platform to help developers build intelligent applications and make data analytics more accessible to the enterprise.
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 Vizio has announced a range of Wi-Fi enabled sound bars which utilize the company's SmartCast technology and includes features such as dedicated surround speakers and slim subwoofers.
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 Technically Incorrect: The man who asked 'Can You Hear Me Now?' for Verizon was an advertising icon. Sprint may now be asking too much of him.
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United Technologies Aerospace Systems expects compound annual revenue growth to average 6 percent over the next five years, and is looking for acquisitions in four key areas, an executive said on Monday. The company is looking for acquisitions in avionics, interiors, structures and hydraulics, UTC Aerospace Systems President Dave Gitlin told a media briefing, noting those are areas where UTC does not yet have a large presence. Any acquisitions likely would boost revenue growth beyond the 6 percent expected from existing operations, he said.
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 (Reuters) - Security software maker SentinelOne said on Monday that it has hired prominent cyber-security expert Jeremiah Grossman, who last month left WhiteHat Security which he founded 15 years ago.
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 Apple TV has Siri. Fire TV has Alexa. And now the Xbox will have Microsoft’s own virtual assistant, Cortana. The company this morning announced a summer update for its Xbox One that will include support for Cortana along with other improvements aimed at unifying the gaming console with the Windows 10 platform, and more. The update will initially arrive for those beta testers in the… Read More
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 Facebook Chief Executive Mark Zuckerberg's Twitter and Pinterest accounts have been resecured, a spokesman from the social media platform said on Monday, responding to questions about weekend media reports that the founder's sites had been hacked. Zuckerberg's Twitter and Pinterest accounts were compromised over the weekend, according to a report on Sunday from technology news website VentureBeat.
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 Netflix has been keen to stress its new global focus since it launched into more than 100 new countries in January. That approach is not just about being available worldwide, it includes programming that is localized to international audiences too and, along that trail, Netflix just announced plans for its first original series from India. Read More
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FRANKFURT (Reuters) - Deutsche Bank is ending plans to set up a new digital banking service in the United States, according to an internal memo from Chief Executive John Cryan.
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The United States Patent and Trademark Office earlier this week granted Google a patent for "Adhesive Vehicle Front End For Mitigation of Secondary Pedestrian Impact." The patent application, filed a year and a half ago, credits Google employees Alex Khaykin and Daniel Lynn Larner as the inventors of the new technology. This latest patent grant is for "a system for protecting a colliding object from a secondary impact."
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