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Citigroup

Amazon may move 12 million Kindle Fire tablets in 2012

November 23rd, 2011

We like the Kindle Fire’s odds, and we revealed as much in our review of Amazon’s new tablet published on Tuesday. Analysts have been betting on the Fire as well, with shipment estimates reaching as high as 5 million units for the fourth quarter alone. As detailed in a recent note to investors, Citigroup analyst Mark …

An Amazon smartphone? It could happen next year, analyst says

November 17th, 2011

Amazon could have a smartphone on store shelves by the fourth quarter of next year according to Citigroup analyst Mark Mahaney. “Based on our supply chain check, we believe FIH is now jointly developing the phone with Amazon,” Mahaney wrote in a research note. “However, we believe that Amazon will pay NRE to FIH but …

iPad and other tablets still considered toys, Citi finds

September 22nd, 2011

81% of iPad owners have paid for an application compared to just 43% of those who owner other tablets, according to a recent Citigroup survey. iPad owners also download more applications, which is not surprising given the larger selection of tablet-formatted apps in the iTunes App Store. According to Citigroup, 63% of iPad owners have …

FBI raids ‘Anonymous’ hackers in New York

July 19th, 2011

The FBI raided the homes of three hackers from the infamous hacking group ‘Anonymous’ in New York, Fox News reported on Tuesday. Reportedly, more than 10 FBI agents stormed the house of Giordani Jordan in Baldwin New York and took “at least one laptop from the premises.” Jordan is suspected to have been behind denial …

Samsung Mobile CTO Omar Khan quits, heads to Citigroup

July 11th, 2011

Samsung Mobile’s chief product and technology officer Omar Khan announced on Monday that he is departing the company to take up a post in the mobile division of Citigroup. There, Khan will work on the bank’s global mobile solutions. Khan’s role at Samsung was to plan, market and manage new products, content and services. He …

Citigroup hackers stole $2.7 million in recent breach

June 27th, 2011

A recent online security breach involving the left of 360,000 credit card numbers will cost Citigroup $2.7 million, the company confirmed to U.S. government officials on Monday. Hackers infiltrated Citigroup servers last month and stole account numbers and personal information associated with over 360,000 Citi-branded credit cards. According to Citigroup, personal information and card numbers …

Hacker claims to reveal identity of LulzSec leader

June 24th, 2011

A hacker known as “The Jester” claims to have revealed the identity of a LulzSec member who may be the group’s leader. Thirty-year-old Xavier Kaotico, also known as Xavier de Leon or “sabu,” has been outed as the hacker prankster group’s leader, though his role and involvement with LulzSec has not been confirmed. The man allegedly lives …

26-year old pleads guilty to hacking AT&T iPad data

June 23rd, 2011

Last year hackers made headlines when AT&T announced to a security breach that had allowed hackers to access the personal data from 114,000 iPad 3G users. On Thursday, 26-year old Daniel Spitler from San Francisco pleaded guilty to two crimes: conspiracy to gain unauthorized access to computers and identity theft. Spitler faces up to 10 …

Citigroup: 360,000 credit cards compromised in recent hack

June 16th, 2011

Remember Citigroup’s recent security breach? The firm originally said that 200,000 accounts — 1% of its customers — were compromised, but now Citi is going on record and saying that hackers gained access to a total of “360,083 North America Citi-branded credit cards.” Unfortunately, the company hasn’t provided any details on how the attack occurred, …