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Tech News: Microsoft's Virus Problem, Plus iPhone Shipping Dates Are Pushed Back


Also, Amazon continues to be a sugar daddy for start-ups.

This column highlights the most useful and interesting business and financial commentary on technology each day.

Link: Android Users, Beware: Your Phone Could Be Open to Attack
"A report from Duo Security found that over 50% of Android (GOOG) devices have unpatched vulnerabilities.

"Duo Security offers two-factor authentication for mobile phones. This finding was based on a vulnerability assessment conducted by Duo's mobile app called X-Ray, which scans mobile devices for security gaps. The app became available to consumers a couple of months ago and has since collected information from over 20,000 Android devices.

"The results are concerning, considering that hackers and malware can exploit these gaps to gain control of phones, and considering carriers are notoriously slow at fixing vulnerabilities."

Link: Apple Pushes Back iPhone 5 Pre-Order Shipping Date
"Want to skip the lines next Friday and order your iPhone 5 online? You're out of luck, unless you don't mind waiting a bit.

"Demand for the device is so strong that Apple (AAPL) sold out of its initial inventory in an hour and pushed back its shipping date for such pre-orders. Apple's website began taking orders for the product at midnight PST on Friday. An hour later, though, the shipping times for the device were delayed from the original Sept. 21 to two weeks, or Sept. 28, according to Dow Jones. As of Friday morning EST, Apple was still promising the two-week wait for shipping. The site also gives users the option of picking up the device at a retail store on Sept. 21."

New York Times Bits
Link: Microsoft Finds PCs That Ship Pre-Infected
"One more thing to worry about: Your brand-spanking-new computer could be infected with a virus that will raid your online bank account.
On Thursday, Microsoft (MSFT) said it had discovered several new computers, fresh from Chinese factory floors, that carried a particularly pernicious computer virus - one capable of invading bank accounts, starting computer attacks and creating back doors that allow criminals to have their way with infected machines.

"Microsoft's digital crime researchers purchased 20 new computers from different cities in China and discovered that four of them had been infected with viruses. In each case, the computers were running counterfeit versions of Windows software that were infected with the virus."

Link: For the Sixth Year, Amazon Courts Start-Ups With $100,000 Challenge
"Amazon (AMZN) Web Services and startups have always gone together like peanut butter and jelly, and Amazon wants it to stay that way. Toward that end the cloud services giant launched its sixth annual AWS Global Start-Up Challenge on Friday.

"For this round, Amazon seeks companies attacking big data and high-performance computing, gaming, consumer applications, and business applications. The winners in each category will get $50,000 in cash and $50,000 in AWS credits and services for a year. But the competition also brings exposure both to the media and to potential investors. Last year's finalists met with VC firms including Andreessen Horowitz, Union Square Ventures, NEA, Accel and Madrona Venture Group, according to AWS."

The Next Web
Link: Lilliputian Systems Announces $60 Million Round to Commercialize Power Systems
"Lilliputian Systems, a Wilmington, Massachusetts-based developer of portable power products for consumer electronics ranging from mobile phones to tablets, e-readers, MP3 players and laptops, today announced that it has closed on $40 million of a planned $60 million equity financing round.

"The investment was led by Moscow-based $10 billion investment fund RUSNANO, which focuses on the development of the Russian nanotechnology industry through co-investments in projects. RUSNANO says it invested $25 million.

"Prior backers like Intel (INTC), Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas Venture and Fairhaven Capital also participated in the round."
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