Welcome!

April 20, 2012 in News

Welcome to IIT’s new social network for entrepreneurs!

The goal of this network is to provide you a space to network and collaborate with other fellow IIT entrepreneurs and alumni outside of our events.

To get started, sign up using your university email id, and fill out your profile.

Case Closed? New iOS 8 Encryption Is Impenetrable to Law Enforcement.

October 22, 2014 in Entrepreneur Magazine, News

Apple has put police on notice that security on its new phone is so tight, it couldn't extra data even it wanted to cooperate, which is doesn't.

Apple, Embattled Supplier, Strike Deal to Unseal Info

October 22, 2014 in Entrepreneur Magazine, News

GT Advanced Technologies can now begin the shutdown of key Arizona operations, and shed some more light on why the former stock market darling abruptly filed for bankruptcy this month.

The More Friends You Add, the Cheaper Hive Gets

October 22, 2014 in News, TechCocktail

There is a group of entrepreneurs who have noticed the ever-present and ever-growing cloud storage trend and set out to disrupt the paradigm set in the market segment. There are some great cloud storage options already available, but more often than not the price tags on the premium models of service are pretty big.

Hive, as the new platform is called, is billed as the first free, unlimited cloud storage service. It can handle documents, photos, music collections, and video libraries all on a massive scale. Last Monday, Hive was officially launched into beta, and in about one week they’ve seen around 5,000 registrations per day, which puts their user base near 30,000 and climbing.

During the beta testing phase, every option on Hive is free for users. When the platform launches out of beta, there will be a free model as well as premium models.

The driving purpose behind Hive is to connect users together so that they might, as the team says, mix, play, and share without limit: it’s socially rooted. Possibly the most hyped feature about Hive is the fact that the more friends you have, the cheaper your premium subscription option is.

With 10 or fewer friends on Hive, users will pay $9 a month for the premium subscription. However, as you go over 10 friends your premium drops to $6 per month. Then at 50 friends it drops to $3 a month, and when you cap 100 friends the premium subscription is subsidized for you as a user.

Regardless of what level of subscription you opt for, you won’t have any limits in terms of how much you can upload. The only difference between the free model and the premium model is that on premium users can stream music and video in HD, download and stream with no bandwidth restrictions, and enjoy Hive ad-free.

Pair that with the fact that users can add files from just about anywhere and you’ve got a shot at beating out the already established cloud storage services. Disruption is one of the entrepreneurs most powerful tools, and it’s refreshing to see a company take the pay-for-premium option and flip it on its head for a change. We’ll be following Hive closely as they continue to iterate during their beta phase and update you once they launch in full.

 

 

 

 

 

 

 

 

 

 

 

Apple all but confirms the Chinese government’s behind recent iCloud attacks

October 22, 2014 in News, Pando Daily

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Apple has confirmed that it’s aware of “intermittent organized network attacks using insecure certificates to obtain user information” from its iCloud service, after reports indicated that the Chinese government was performing man-in-the-middle attacks on people in mainland China.

The attacks were first reported by GreatFire, a watchdog site devoted to China’s censorship and surveillance efforts, and later confirmed by the New York Times and other outlets. It seems that the attacks were timed to coincide with the iPhone 6 launch, making it seem more likely that the government delayed the launch to prepare its attacks and make sure foreign governments couldn’t spy on its citizens, as I wrote in a post about the attacks Monday.

Despite its confirmation, Apple has not given any indication as to where the hacking campaign is taking place. Maybe the company’s worried that the Chinese government will block sales of its new iPhones in the country, which has become the most important market for tech companies looking to rake in the cash. Maybe the attacks aren’t restricted to China. Apple isn’t saying anything either way, at least not yet.

But the company has given its users a crash course on browser security. It advises in the update confirming the attacks that consumers should use browsers that can tell when a connection to a website has been compromised, and to heed the warnings when they’re displayed, especially if they’re visiting a website containing information as sensitive as iCloud. (It also has a bunch of screenshots letting people know what to look for in case they aren’t familiar with the warnings.)

Many people would have already been using those browsers, of course. They’re some of the most popular Web browsers in the world, and Apple says that the problem doesn’t affect Safari in iOS 8 and OS X Yosemite. This isn’t a warning for people who use popular Western browsers — it’s a warning for consumers who use Web browsers that don’t warn against such threats. As GreatFire noted in its report on the attacks, such browsers are popular in mainland China:

What should users do to counteract this attack? Internet users in China should first use a trusted browser on their desktops and mobile devices – Firefox and Chrome will both prevent users from accessing iCloud.com when they are trying to access a site that is suffering from a MITM attack. Qihoo’s popular Chinese 360 secure browser is anything but and will load the MITMed page directly.

All of which, when taken together, points towards an official confirmation of the Chinese government’s efforts to steal iCloud (and Microsoft Live) login information from its citizens. Apple has all but named China as the region affected by these attacks — now if it would just demonstrate a commitment to consumer security over government subservience it could prove that it’s not going to ignore efforts to compromise its users’ information once and for all.

Nathaniel Mott

nathaniel
Nathaniel Mott is a staff writer for PandoDaily, covering startups and technology from New York.







Launching a Website: How to Keep it Manageable

October 22, 2014 in Entrepreneur Magazine, News

Don’t let your content strategy overwhelm you.

10 Common Blog Writing Mistakes (Infographic)

October 22, 2014 in Entrepreneur Magazine, News

A blog can do a lot to help your organization, but only if it's written and edited professionally and proficiently.

Yahoo CEO Marissa Mayer Sidesteps Activist Investor Attacks

October 22, 2014 in Entrepreneur Magazine, News

Mayer is trying to steer investor focus away from the tech company's stagnant revenue and toward achievements and growth prospects that have been flying below the radar.

Do This One Thing Every Day to Get On the Fast Track to Success

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Why do we put off what we know we’re supposed to do?

Don’t Give Up — the Fourth Quarter Can Turn the Whole Year Around

October 22, 2014 in Entrepreneur Magazine, News

Much like a rallying football team, one conversation, one phone call, one client or one sale can swing things in your favor.

Uber’s Larger Vehicle Service — UberXL — Hits The Road In London And Manchester

October 22, 2014 in News, TechCrunch

Uber London Uber is beefing up its presence in the UK, quite literally, today, after it introduced UberXL — its large-seater car service — in London and Manchester. The service allows Uber customers to summon cars with up to six seats in London, while those in Manchester can order cars that hold up to eight people. Read More