Venezuela is currently in an economic crisis, and it’s causing the price of everyday gadgets to skyrocket.
It’s so bad that, according to the official exchange rate, an iPhone 6 costs over $47,000, reports Bloomberg.
The problem is twofold: There’s a nationwide shortage of top-tier smartphones as well as inflation reaching never-before-seen heights. The Venezuelan bolivar (the country's currency) currently has two "official exchange rates," 6.3 and 12 bolivars per dollar, that the government uses to calculate purchase prices for essentials like medicine.
GCHQ'S SPYING on two international human rights groups was illegal, according to a ruling by the Investigatory Powers Tribunal (IPT) which is responsible for handling complaints against the intelligence services.
The court case was raised by a number of privacy groups and challenged how GCHQ surveys similar groups. It found that the government body operated in breach of its own rules.
WikiLeaks has done yet another data dump of classified documents, this time of 276,394 Sony Corp. communications, including email, travel calendars, contact lists, expense reports and private files.
The whistleblower website disclosed the file release on Thursday, via its Twitter account. In April, WikiLeaks published its first set of 30,287 Sony documents and 173,132 email exchanges. Those documents were said to contain a series of incriminating disclosures about Sony, including “an investigation for bribery,” according to WikiLeaks.
Reports indicate the chip maker is considering splitting the company, but a spokesperson says the vendor is sticking with plans laid out last month.
Advanced Micro Devices officials have a plan for how to get the chip maker back into sustainable profitability, a strategy that they laid out for financial analysts and journalists during a meeting in New York City last month.
The United States leads the world in hosting malicious servers that are used to remotely command and control infected user machines and systems. And the US is the second-most frequent target of those systems, a new report from Level 3 Communications shows.
Level 3 monitored communications between some 1,000 command-and-control servers (C2) and their victims earlier this year to get a better sense of botnet behavior and to examine the potential causes for an increase in the use of botnets in denial of service attacks, data theft, and other malicious activities.