Goodbye Betamax; Hackers Charged in ‘Largest Theft of Consumer Data’

Posted November 10th, 2015 at 2:00 pm (UTC-4)
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Today’s Tech Sightings:

Newest Innovations In Consumer Technology On Display At 2014 International CES


That’s A Wrap: Sony To Kill Off Betamax Tapes

It’s the final chapter in a long-running “format war” which began in the 1970s. Sony announced it will stop selling Betamax video cassettes in March 2016. New tapes have been available only in Japan for several years — even though the company discontinued Betamax video recorders back in 2002. Sony Japan said the end of analogue television had further hit demand for Betamax cassettes – with most people now choosing to record in a digital format.

Three Indicted in US Over Big JPMorgan Hacking

U.S. prosecutors unveiled expanded criminal charges against three men in a 23-count indictment over crimes including computer hacking, securities fraud, wire fraud, identity theft, illegal Internet gambling and conspiring to commit money laundering in connection with a massive 2014 cyberattack against JPMorgan Chase & Co and the hacking of several other major financial companies and financial news publishers. The hacking of JPMorgan’s computers compromised information in 83 million household and small business accounts, making it one of the largest such breaches in history.

New Facebook Feature Won’t Wait to Scan Your Photos

Facebook’s new “Photo Magic” is being tested in Australia and coming soon to the US. The feature will do face recognition directly in your camera roll. If the faces match up with customers’ friends, Facebook will suggest people to share the photos with.

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