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JP Morgan Chase & Co sign outside headquarters in New York(Reuters) - J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported, citing people familiar with the matter. According to the reports, the bank discovered that the intruders had used some of the same offshore servers to hack both the bank and the website of the JPMorgan Corporate Challenge. ...


People pose with mobile devices in front of projection of Samsung logo in this picture illustration taken in ZenicaBy Dan Levine (Reuters) - Samsung said its collaboration with Microsoft on Windows phones raised antitrust problems once Microsoft completed its acquisition of Nokia's handset business, according to a court filing. The filing late on Thursday stems from Microsoft Corp's lawsuit accusing Samsung Electronics Co Ltd of breaching a business collaboration agreement. The lawsuit, filed earlier this year in a New York federal court, says South Korean smartphone company Samsung still owes $6.9 million in interest on more than $1 billion in patent royalties it delayed paying. ...


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What is Open Source software?

As stated by the Open Source Initiative (OSI), Open source is a development method for software that harnesses the power of distributed peer review and transparency of process. The promise of open source is better quality, higher reliability, more flexibility, lower cost, and an end to predatory vendor lock-in.
Basically, it allows products to become cheaper and better by letting the entire world in on the code.