PayPal addresses security hole via iPhone app update

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Date: Thursday, November 4th, 2010, 05:10
Category: iPhone, News, Software

If you’re in iTunes, this is one more reason to snag the updates for your iOS-based apps…

Per the Wall Street Journal, PayPal has released an update to its popular iPhone app. The fix came into place after the company had become aware of a significant security vulnerability in which the previous version reportedly failed to confirm the authenticity of PayPal’s website, leaving a loophole that could have been exploited to gain unauthorized access to users’ accounts.

Spokeswoman Amanda Pires claims the company verified the vulnerability on Tuesday night and rushed to release an update for the app. The company suggests no users have come forward with reports of fraudulent activity, although any affected users will receive 100% reimbursement.

“To my knowledge it has not affected anybody,” Pires told the Wall Street Journal. “We’ve never had an issue with our app until now.”

The update app, PayPal 3.0.1, is now available as a free download from the App Store.

Light Peak could arrive for the Mac in early 2011

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Date: Thursday, November 4th, 2010, 05:10
Category: Hardware, News

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Intel’s Light Peak optical cabling technology is on track to make its first appearance in products in early 2011, with Apple expected to follow soon after, according to a new report.

Per CNET, Apple has expressed a very strong interest in Light Peak after Intel approached them with it several years ago. According to sources, Apple Chief Steve Jobs and Intel CEO Paul Otellini allegedly fleshed out the Light Peak standard after Apple intimated that it was looking into optical signaling as a single port solution.

Light Peak, as we’ve outlined before, is a high-speed optical cable technology with bandwidth of 10Gbps, with the possibility of scaling up to 100Gbps in the future. A full-length Blu-Ray movie could transfer over Light Peak in less than 30 seconds, Intel states on its website. The company “expects to see Light Peak in PCs and peripherals in 2011.”

Per the report, sources claim that Light Peak will make its debut in the first half of 2011, and “likely earlier in the year than later.” Apple, which is described as an “innovating force in the industry,” is expected to incorporate Light Peak quickly after its release.

Early versions of the technology have already been tested on Macs. In 2009, “an Intel demonstration at its developer conference used a machine running Apple’s Mac OS X,” wrote author Brooke Crothers.

Optical cabling would provide Apple an alternative to USB 3.0. Though the Cupertino, Calif., company was rumored to be adding USB 3.0 to its Mac Pro and iMac desktops this summer, the updates failed to materialize. Apple has had the USB 3.0 specification for almost a year and a half. Intel has also resisted adopting USB 3.0, holding off on supporting the standard in its chipsets, despite one Intel spokesperson assuring that Intel remains “absolutely committed to USB 3.0 and beyond that.”

A continued Apple/Intel partnership for Light Peak would make mainstream adoption of the technology highly likely. Intel has the reach needed to drive costs down, and Apple is willing to take risks with new standards. Intel may also be looking to work with Apple to develop a mobile version of Light Peak, which would help it break into the mobile space, where Intel’s Atom processors have struggled for years.

Stay tuned for additional details as they become available.

Cocktail 4.7.8 (Snow Leopard Edition) released

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Date: Thursday, November 4th, 2010, 04:01
Category: News, Software

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Late Wednesday, shareware developer Maintain released version 4.7.8 of Cocktail (Snow Leopard Edition), Cocktail, the popular shareware utility program that allows for additional Mac OS X system tests. The new version, a 2 megabyte download, adds the following fixes and features:

- Added ability to clear Koobface.A (Boonana.A) trojan.

- Added ability to clear Microsoft Office 2011 font caches.

- Minor bug fixes.

- Updated Automator actions.

Cocktail 4.7.8 retails for a US$14.95 shareware registration fee and requires Mac OS X 10.6.2 or later to install and run.