Saudi

Source: http://gizmodo.com/5937424/an-unknown-hacker-group-claims-that-it-shut-down-the-worlds-largest-oil-company++and-that-theyll-do-it-again

An Unknown Hacker Group Claims That It Shut Down the World's Largest Oil Company—And That They'll Do It AgainThe NY Times is reporting that unknown computer hackers who call themselves “Cutting Sword of Justice” have claimed responsibility for spreading a malicious virus into Saudi Aramco, the Saudi government-owned oil company that’s also the world’s largest, and destroying three-quarters of all its computers. The hackers used a similar virus as the government created virus, Flame.

But the Cutting Sword of Justice won’t be stopping there, they’re planning to do it again. According to their new Pastebin post below, the hackers plan to launch another cyber attack on Saudi Aramco at 5:00PM on Saturday, saying “be prepared for something you will see in your eyes and you will not be able to stop it.” Remember, this attack isn’t your typical DDoS attack of hacktivists from the past, it’s malicious software that infects and destroys computers. The last attack destroyed over 30,000 computers.

Here is what the Cutting Sword of Justice is threatening:

According to media which we rarely believe, Saudi Aramco is thinking that the 15 aug attack was done by us but with a man in the middle helping us with different kind of info and that’s the reason why the head management of Aramco is still investigating.. Garbage investigation.

What we’re going to do to prove our ability to do more? well, we don’t really need or even feel like proving anything to anyone and show them that we can, but here is a headline story:

we are going to make it, next week, once again, and you will not be able by 1% to stop us.

Date: 25 august 2012
Time: 21:00 GMT

That’s will happen for two reason:
1- you’re brutal and selfish to harm any employee just for the sake of expecting.
2- we do hate, hate a lot, arrogance.

Be prepared for something you will see in your eyes and you will not be able to stop it.

The Cutting Sword of Justice are a relatively unknown group of hackers who have targeted Saudi Aramco because of the Saudi government’s support for ‘oppressive measures’ in the Middle East. We’ll see what happens this Saturday. [NY Times]

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Friday, August 24th, 2012 news No Comments

Source: http://gizmodo.com/5937424/an-unknown-hacker-group-claims-that-it-shut-down-the-worlds-largest-oil-company++and-that-theyll-do-it-again

An Unknown Hacker Group Claims That It Shut Down the World's Largest Oil Company—And That They'll Do It AgainThe NY Times is reporting that unknown computer hackers who call themselves “Cutting Sword of Justice” have claimed responsibility for spreading a malicious virus into Saudi Aramco, the Saudi government-owned oil company that’s also the world’s largest, and destroying three-quarters of all its computers. The hackers used a similar virus as the government created virus, Flame.

But the Cutting Sword of Justice won’t be stopping there, they’re planning to do it again. According to their new Pastebin post below, the hackers plan to launch another cyber attack on Saudi Aramco at 5:00PM on Saturday, saying “be prepared for something you will see in your eyes and you will not be able to stop it.” Remember, this attack isn’t your typical DDoS attack of hacktivists from the past, it’s malicious software that infects and destroys computers. The last attack destroyed over 30,000 computers.

Here is what the Cutting Sword of Justice is threatening:

According to media which we rarely believe, Saudi Aramco is thinking that the 15 aug attack was done by us but with a man in the middle helping us with different kind of info and that’s the reason why the head management of Aramco is still investigating.. Garbage investigation.

What we’re going to do to prove our ability to do more? well, we don’t really need or even feel like proving anything to anyone and show them that we can, but here is a headline story:

we are going to make it, next week, once again, and you will not be able by 1% to stop us.

Date: 25 august 2012
Time: 21:00 GMT

That’s will happen for two reason:
1- you’re brutal and selfish to harm any employee just for the sake of expecting.
2- we do hate, hate a lot, arrogance.

Be prepared for something you will see in your eyes and you will not be able to stop it.

The Cutting Sword of Justice are a relatively unknown group of hackers who have targeted Saudi Aramco because of the Saudi government’s support for ‘oppressive measures’ in the Middle East. We’ll see what happens this Saturday. [NY Times]

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Friday, August 24th, 2012 news No Comments

There’s Only One Way To Make A Ton Of Money And Be Happy Selling Your Start Up

Source: http://www.businessinsider.com/theres-only-one-way-to-male-a-ton-of-money-selling-your-start-up-2012-1


Venture Capital Ad

There is a common belief that venture capital has become a necessity to get start-ups off the ground.

The seemingly endless flow of funds is very appealing to the up-and-coming company looking to sling-shot themselves to instant growth.

While VC funding can give an important vote of confidence and is absolutely necessary for large infrastructure projects, there’s another side to VC funding— it can actually become a huge hindrance. As I’ve discussed before, skipping venture capital can leave your company with the freedom to grow in a sustainable way, creating more value for all stakeholders.

This means when you do sell – as my company AdoTube did recently— you are able to reap all the rewards of selling a healthy profitable company while being a big part of its future. Read below for the 5 reasons why skipping the VC can leave you with more money and probably more importantly a better company legacy.

1.       VCs just want their return

Venture capitalists have a portfolio of investments consisting of multiple start-ups, and therefore only care about average portfolio results. On the other hand, founders have all their eggs in one basket. Not only is this company their brainchild, but it is also their savings on the line. While founders are interested in the eventual payout, providing a product or service that consumers are excited about can be even more important. This focus on the long-term can lead to a greater eventual pay-out as well as a better company legacy.

2.       It’s easy to waste VC money, diminishing overall value

It is easy to overspend when it is not your money. When a small company comes across millions of venture capital, a lot of that cash can get thrown out with the bath water. Keeping the company small and growing it with your own sweat, blood and hard earned cash can lead you to be thriftier in your decisions. When AdoTube started, we made sure every purchase would earn us back revenue, otherwise why waste the money? Ultimately, this allowed us more value for our investment and helped us get a better return.

3.       VCs go big or go bust

Multiple rounds of VC can put founders in a situation where the company either becomes extremely successful or goes bust. Venture Capitalists’ are looking for the big payday, and if the instant pay-out is not immediately apparent, the company can come to a screeching halt. Founders, on the other hand, can take their time building the company up growing it organically. Without venture capitalists looking for their end return, there is still a lot of middle ground available to time a company’s growth spurt with the market.

4.       VCs don’t care about company culture

VCs aren’t incentivized to make deals that are best for the company and the founders. They are incentivized to sell for the most money. The problem is that while every founder dreams of retiring to the Caribbean after they sell, the reality is that their role with the company is often far from over. Founders are often needed to stay on board to steer transitions or integrations are also often the best person to run the newly acquired company. Culture is paramount in making sure all of this happens smoothly and benefits everyone.

5.       VCs don’t know what’s best for the company

Venture Capitalists don’t understand your business like you do. They study revenues and look for synergies with other companies. VCs can even value companies differently depending on how they might merge with another. Valuing a company based on this can take away from the goals of founders, forcing companies to work more like a widget factory than a company. A simple sale could also mean the instant death of your company, destroying all the value that you created (just talk with the guys at Foursquare). While the VCs walk away with a pay-day the company that you spent years creating is gone in an instant.

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Thursday, January 12th, 2012 news No Comments

Hulu’s 2011 Revenue Comes In At $420 Million (NWS, CMCSA, DIS)

Source: http://www.businessinsider.com/hulu-revenue-2012-1


Hulu revenues

Hulu CEO Jason Kilar just revealed some big numbers from 2011 on the company’s blog.

The web video startup generated $420 million in revenue, up 60% from the year prior.

Other key stats from Kilar:

  • Hulu Plus has 1.5 million paying subscribers and is gaining at double the rate it was last year. It reached 1.5 million faster than any other video subscription service.
  • Since 2010, Hulu’s content offering has grown 40% and Hulu Plus’ has grown 105%.
  • Hulu’s business model allows them to compensate content providers 50% more per subscriber in licensing fees than its competitors.
  • The service plans to invest $500 million in content in 2012.

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Thursday, January 12th, 2012 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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