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Consumer News: Microsoft Not Worried About the Windows RT Hack

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Plus, Consumer Reports rates the iPhone 5 the worst of the top three smartphones.

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This column highlights the most interesting and useful business and financial commentary on consumer companies from around the Web.

CNET
Link: Windows RT Hack? Don't Sweat it, Microsoft Says
"Windows RT can be hacked to run unsigned desktop apps, but Microsoft (NASDAQ:MSFT) sees no reason to worry.

"As described yesterday, the hack allows someone with a certain amount of savvy to change code in the Windows RT kernel so the tablet-based OS can run desktop apps. Officially, the only desktop programs that Windows RT supports are Microsoft's own Internet Explorer and Office suite. Otherwise, the OS can run only Windows Store apps."

Forbes
Link: Consumer Reports Is No Fan Of iPhone 5
"Over the last several months, I have been arguing the case that the long-term risks in Apple (NASDAQ:AAPL) stock are rising. I have advanced two main arguments. First, competitors have caught up with Apple for all practical purposes. Second, Apple is failing to innovate at the rate it was innovating in the past.

"Every time I write about competitors catching up with Apple I get a lot of pushback. In some instances, I have received more than 100 emails after publishing an article, mostly disagreeing with my proposition."

CBS Moneywatch
Link: Target Unveils Year-Round Online Price Match
"Target Corp. (NYSE:TGT) said Tuesday that its pledge to match prices of select online rivals this past holiday season is now a year-round promise.

"The nation's second largest discounter behind Wal-Mart Stores Inc. (NYSE:WMT) said it will match prices that customers find on identical products at top online retailers, all the time. The online list includes Amazon.com as well as the websites of Wal-Mart, Best Buy (NYSE:BBY), Toys R Us, and Babies R Us."

Mashable
Link: Amazon's Streaming Video Library Now a Little Easier to Navigate
"Having trouble finding something to watch on Amazon (NASDAQ:AMZN) Instant Video? The retailer launched Monday an experimental browsing tool that lets users discover movies and TV shows based on their genre preferences or simply the mood they're in.

"Movies and shows are divided up into categories, some of which bear the names of genres (i.e., 'Comedy' and 'Mystery/Thriller'), and others which are labeled by mood, such as "Feel-Good" and "Exciting." Users can toggle between TV shows and movies, and apply filters to show only videos that are available for free viewing to Prime subscribers, or ones that bear G or PG ratings."

BGR
Link: AT&T Announces $5 Netflix Competitor to Help Stop Cord Cutting
"AT&T (NYSE:T) on Monday unveiled a new video-on-demand service for its U-Verse TV subscribers at its annual Developer Summit in Las Vegas, Nevada. The company is looking to keep its customers away from streaming services from Netflix (NASDAQ:NFLX), Amazon, and Hulu, and will offer the U-Verse Screen Pack for $5 a month. The service is only available to U-Verse subscribers and provides access to a library of 1,500 movies that can be viewed on any TV, computer or tablet."
No positions in stocks mentioned.
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