This Week in Tech News

Day Before Big Game Is the Biggest TV Buying Day of the Year

Episode 1460

LG B7A OLED

The day before the Super Bowl is the biggest TV buying day of the year — even bigger than Black Friday. That's because it's also the end of the model year and they want to clear out the old models to make room for the new models. Leo says that there are some times you want to wait for the latest and greatest, but right now is not that time. LCD and OLED TVs are still dominant and will be for a few more years until MicroLEDs take hold. So if you were waiting, don't! If you have an HD TV and wonder if you should buy 4K, now is the time because of HDR 4K TVs.

Tech Companies Announce Quarterly Earnings

Episode 1459

yellow bar chart

Tech companies announced quarterly earnings last week, and everything was up. Alphabet's revenue was up 24%, but because of the new tax law, it actually lost money. Alphabet had an additional tax expense of $9.9 billion, but that money went toward taxes on funds that were kept overseas to avoid that tax. Ebay lost money because it had to pay $3.1 billion, and Lenovo lost money because it had to pay $400 million in taxes.

Samsung Galaxy S9 to Be Announced Later This Month

Episode 1459

Samsung Galaxy S8

Samsung will be announcing the Galaxy S9 smartphone later this month at Mobile World Congress. We expect the phone to be more expensive this time around, at $850, and it will look a lot like the Galaxy S8. It will have dual cameras, but for the most part, it likely won't be anything major that would prompt an upgrade unless you're already in the market for a new phone anyway.

Jackpotting Attack Hits US ATMs

Episode 1458

ATM

There's a new attack that has been affecting ATMs around the world, and it's called "Jackpotting." It causes ATMs to dispense all of its cash. Hackers are using endoscopes to gain access to the interior of an ATM in order to connect to it and hack into the ATM's Windows XP operating system. Then, the once the malware is installed, a remote command is given to spew out 40 bills every 23 seconds.

Read more at krebsonsecurity.com.

Celebrities Are Paying for Fake Social Media Followers

Episode 1458

Social Media

The New York Times recently ran a story about a company that's been selling fake social media accounts to celebrities and businesses. It's called Devumi, and it has millions of fake Twitter accounts. Some of them are based on stolen social identities. They may have pictures, backgrounds, and bios that are real but are part of a fake account that is then sold off. This is very widespread because in Hollywood, the amount of money actors make in a movie is often tied to the number of followers they have. This is what happens when follower counts are an important measure of success.

Spectre and Meltdown Flaws Continue To Plague Intel

Episode 1457

With the now infamous Spectre and Meltdown processor flaws affecting every intel based computer for the last ten years, Intel pushed out a fast fix to plug the holes. Now they're saying not to use it. It seems that some computers will get stuck in a reboot loop. So the cure is worse than the disease. To date, there's been no evidence that the Spectre and Meltdown flaws have been exploited, so Leo is wondering if the right advice is to do nothing at all. At least until a new fix has been released, or that malware shows up that will take advantage of it.

Kasperky AntiVirus Now owned by Russian Security Services

Episode 1457

Kasperky AntiVirus was caught in the middle of a battle between the company's owners, and the Russian Security Services government agency. The company lost and now the Russians are now in charge of the Kaspersky Security Network. Leo says that he hasn't recommended Kaspersky for awhile now and even the US Federal Government recommends not using it because of the potential for spying. But it's more than a potential espionage tool, as there's a hole in the Kaspersky Network that would allow an employee of the company, or a hacker to snoop into your system.

Facebook Changed It's Algorithm to Keep Users Addicted

Episode 1454

Facebook

The big story today is news that back when Twitter was launched, Facebook decided to change it's feed to include more news stories, thereby addicting its users and keeping them online longer. Leo says that Facebook discovered that they could sell more advertising and make more money if they could hook users to spend more time. Leo says that Facebook prefers to call it more "engaging." But he also says that strategy may have backfired, as engagement has been declining over the last two years.