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Summary: Oracle CEO Mark Hurd called Oracle and Netsuite 'complementary' cloud applications. Oracle has announced it is acquiring cloud-based ERP provider Netsuite for $9.3bn in cash, or $109 per share."Oracle and NetSuite cloud applications are complementary, and will coexist in the marketplace forever," said Oracle co-CEO Mark Hurd. "We intend to invest heavily in both products -- engineering and distribution." Oracle's ties to Netsuite go back to the 1990s, when Netsuite CEO Zach Nelson served as Oracle's marketing chief. Oracle founder Larry Ellison is Netsuite's largest investor, and both companies have had a keen focus on the enterprise resource planning space. But while Netsuite has lived and breathed in the cloud since its inception, Oracle has struggled to transition to an all-cloud business model. Adding Netsuite to the fray, with its subscription-based, on-demand co

Summary: Artem Vaulin was charged with operating the illegal file-sharing site, which has allegedly allowed people to copy and distribute more than $1 billion worth of media. Federal authorities on Wednesday arrested the alleged owner of the world's most popular illegal file-sharing site, Kickass Torrents (KAT).  Thirty-year-old Artem Vaulin of Kharkiv, Ukraine, was arrested in Poland, and the United States will seek to extradite him, the US Justice Department announced . He was charged in the US District Court of Chicago with one count of conspiracy to commit criminal copyright infringement, one count of conspiracy to commit money laundering, and two counts of criminal copyright infringement. "Vaulin is charged with running today's most visited illegal file-sharing website, responsible for unlawfully distributing well over $1 billion of copyrighted materials," US Assistant Attorney General Caldwell said in a statement. &q

Summary: A portion of the 70 million phones shipped by Xiaomi last year are affected by the vulnerability. Millions of Xiaomi phones are vulnerable to a flaw that could allow an attacker to remotely install malware.The vulnerability, now fixed, was found in the analytics package in Xiaomi's custom-built Android-based operating system. Security researchers at IBM, who found the flaw , discovered a number of apps in the package that were vulnerable to a remote code execution flaw through a man-in-the-middle attack -- one of which would allow an attacker to run arbitrary code at the system-level. In other words, an attacker could inject a link to a malicious Android app package, which is extracted and executed at the system level. Xiaomi, the world's third-largest smartphone maker with more than 70 million devices shipped last year, fixed the flaw in a recent update. Users should update their devices as soon as possible -- though, updates

Summary: The ConnectedDrive portal and BMW domains are vulnerable to attack through unpatched flaws. Researchers have disclosed zero-day vulnerabilities affecting the BMW web domain and ConnectedDrive portal which remain unpatched and open to attack. According to researchers from Vulnerability Labs, there are two main bugs both related to the BMW online service web app for ConnectedDrive , the connected car hub for new, internet-connected vehicles produced by the automaker. The first flaw , found in the ConnectedDrive portal, is a VIN session vulnerability. The VIN, or vehicle identification number, is used to identify individual models connected to the service. The bug is found within the session management of VIN usage, and remote attackers can bypass validation procedures using a live session.The session validation flaw can be exploited with a low-privilege user account, leading to manipulation of VIN numbers and configuration settings -

Summary: The change "may cause reach and referral traffic to decline for some Pages," the company warned Facebook announced Wednesday it is once again tweaking its News Feed rankings to prioritize posts from friends and family.This may come as good news for the average user looking for family photos or other personal updates from their social network, but it could be bad news for companies relying on their Facebook Pages to draw in business. "Overall, we anticipate that this update may cause reach and referral traffic to decline for some Pages. The specific impact on your Page's distribution and other metrics may vary depending on the composition of your audience," Facebook Engineering Director Lars Backstrom wrote in a blog post . "For example, if a lot of your referral traffic is the result of people sharing your content and their friends liking and commenting on it, there will be less of an impact than if the majority of your traffic