“How’s SkyDrive?” “Oh, SkyDrive… won’t see him no more.” Microsoft One month after a British court ruled that Microsoft’s SkyDrive infringed on a British Sky Broadcasting (BSkyB) Group trademark, Microsoft has decided not to appeal and will find a new name for its cloud storage service. A press release Microsoft provided to Ars today states that BSkyB and Microsoft have agreed to a “settlement of trade mark infringement proceedings in the European Union brought by Sky against Microsoft in the English High Court… According to the settlement, Microsoft will not pursue its planned appeal of this decision and Sky will allow Microsoft to continue using the SkyDrive name for a reasonable period of time to allow for an orderly transition to a new brand. The agreement also contains financial and other terms, the details of which are confidential.” Microsoft said it would not provide any details beyond what’s in the press release, which also makes a vague reference to “joint projects” to benefit Microsoft and BSkyB customers. A new name for SkyDrive was not announced. The release does not specify whether the name change would occur in Europe only or worldwide, but it seems likely that Microsoft would want to have one name for the service in every region. Read 3 remaining paragraphs | Comments
Originally posted here:
SkyDrive follows Metro into oblivion as Microsoft abandons trademark case
A Bitcoin startup based in Thailand now says that it has suspended all operations because the Bank of Thailand has effectively banned bitcoins in the southeast Asian country. As Bitcoin Co. Ltd. reports: At the conclusion of the meeting, senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls, and the fact that Bitcoin straddles multiple financial facets the following Bitcoin activities are illegal in Thailand: – Buying bitcoins – Selling bitcoins – Buying any goods or services in exchange for bitcoins – Selling any goods or services for bitcoins – Sending bitcoins to anyone located outside of Thailand – Receiving bitcoins from anyone located outside of Thailand This appears to be the first time that any country has outright banned the digital crypto currency . Further, it remains unclear exactly how Thailand would even enforce such a ban. Ars has been unable to confirm the ban with the Bank of Thailand , when this ban goes into effect, and how this decision came about. Bank representatives did not immediately respond to Ars’ request for comment. Read 1 remaining paragraphs | Comments 
A man from just outside of Washington, DC turned himself in to local police—with his computer in tow—after receiving a pop-up message from what he believed was an “FBI Warning” telling him to click to pay a fine online, or face an investigation. While specific details on the case are scant as of yet, it appears that the suspect here fell victim to a type of ransomware that has been proliferating for years now—raking in millions for the scammers behind it. Police said Jay Matthew Riley, 21, of Woodbridge, Virginia, walked into Prince William’s Garfield District Station on July 1, 2013 to “inquire if he had any warrants on file for child pornography.” Read 2 remaining paragraphs | Comments 
A man who has won about $1.5 million in poker tournaments has been arrested and charged with running an operation that combined spam, Android malware, and a fake dating website to scam victims out of $3.9 million, according to Symantec. Symantec worked with investigators from the Chiba Prefectural Police in Japan, who earlier this week “arrested nine individuals for distributing spam that included e-mails with links to download Android.Enesoluty —a malware used to collect contact details stored on the owner’s device, ” Symantec wrote in its blog . Android.Enesoluty is a Trojan distributed as an Android application file. It steals information and sends it to computers run by hackers. It was discovered by security researchers in September 2012. Read 4 remaining paragraphs | Comments 
If you don’t follow the often-shady world of Bitcoin , you may not be familiar with Bitcoin Savings and Trust (BTCST), a virtual bitcoin-based hedge fund that many suspected of being a scam. BTCST shut down in August 2012, and on Wednesday the Securities and Exchange Commission (SEC) formally charged its founder, Trendon Shavers, with running a Ponzi scheme. In a statement , the SEC said Shavers “raised at least 700, 000 Bitcoin in BTCST investments, which amounted to more than $4.5 million based on the average price of Bitcoin in 2011 and 2012 when the investments were offered and sold.” The government’s financial regulator alleges that Shavers violated a number of federal financial regulations. In court documents , the SEC wrote: Read 2 remaining paragraphs | Comments 
