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Microsoft faces another antitrust suit in Europe over browser choice
The Redmond, Wash.-based software giant is about to feel the full force of the European antitrust gust, as the software giant braces itself for one stormy winter. After failing to include the so-called 'browser ballot' in Windows 7 (Service Pack 1) in February 2011, more than 28 million European users of Windows may have missed out on the chance to change their browser away from the Internet Explorer default.
Microsoft admitted it made a mistake and accepted responsibility for the screw-up. Still, Microsoft faces a fine up to 10 percent of its global annual turnover should it be found flouting European antitrust laws. That figure that could total close to €5.7 billion ($7.3bn).
After rumors swirled that AMD would cut 30 percent of its global staff, the chipmaker only cut 15 percent in total. The firm warned after its third quarter earnings that it was in for a rough time, and come the fourth quarter, it was clear that the Intel-rival was sinking and rapidly.
Weeks later, AMD is trying to claw back its cash position by selling one of its campuses in Texas with the aim of leasing it back at a fraction of the cost. With declining cash reserves, mounting debt and negative cash flows from operations from the last two quarters, most of the company's decline can be attributed to the poor PC market. Arch rival Intel is also struggling, so it's not just AMD in the thick of it.
Password leaks: LinkedIn, Last.fm, eHarmony
The cause of the breaches was not important, as such. What happened, happened, and millions were left frustrated and angry at the lack of communication from the companies. What was the fact that these companies failed to 'salt' user passwords -- a method of additional encryption security -- which would have made it far more difficult to crack. While the passwords that were leaked were illegible to the human eye, running it past a password cracker showed how easy simple, less secure passwords were to crack.