Microsoft IE Flaw

Internet Explorer: Microsoft Says Hackers Could Gain Access and User Rights To Your Computer

Microsoft IE Flaw

Microsoft has warned consumers that a vulnerability in its Internet Explorer browser could let hackers gain access and user rights to their computer.

The flaw affects Internet Explorer (IE) versions 6 to 11 and Microsoft said it was aware of “limited, targeted attacks” to exploit it.

According to NetMarket Share, the IE versions account for more than 50% of global browser market.

Microsoft says it is investigating the flaw and will take “appropriate” steps.

The firm, which issued a security advisory over the weekend, said the steps “may include providing a solution through our monthly security update release process, or an out-of-cycle security update, depending on customer needs”.

‘Complete control’

Microsoft said that hackers looking to exploit the flaw could host a “specially crafted website” containing content that can help them do so.

However, they would still need to convince users to view the website for them to be able to gain access to their computer. Continue reading

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Microsoft ceo

Microsoft’s Pioneer Employee and CEO Retires; Ranks at No. 51 Richest In The World

Microsoft ceoMicrosoft CEO Steve Ballmer won’t be heading out with a big retirement package — or any package at all. But hey: He’s still one of the richest people in the world.

Microsoft doesn’t offer “special retirement programs” or severance pay for its executives, according to a regulatory filing. But once the bombastic Ballmer leaves Microsoft, he’ll still be an extremely rich man.

Ballmer owns more than 333 million shares of Microsoft. The nearly 4% stake in the company is currently worth $11.5 billion. Forbes magazine says Ballmer is the 22nd richest person in America, and he ranks an impressive No. 51 among the world’s billionaires.

Ballmer, who joined Microsoft (MSFT, Fortune 500) in 1980 as one of the first 30 employees, plans to hold onto his large stake.

“I cherish my Microsoft ownership, and look forward to continuing as one of Microsoft’s largest owners,” Ballmer said in a memo to employees Friday.

Though Microsoft’s stock has stagnated over the past decade, Ballmer’s current stake is worth 56% more than the $7.3 billion worth of shares he had when he started as CEO in 2000. And shares rose more than 7% on news of Ballmer’s exit on Friday, making his stake worth $786 million more than it was on Thursday. Not a bad bit of unofficial retirement pay.

Microsoft hasn’t named a successor for Ballmer, who took over the company’s reins from Bill Gates. Under his direction Microsoft has enjoyed hits like Windows 7, the Xbox with Kinect, and its cloud business. But those successes were tempered by flops like Windows Vista and the Zune MP3 player.

In particular, Microsoft has struggled to adjust to the mobile computing revolution, trailing rivals Apple (AAPL, Fortune 500) and Google (GOOG, Fortune 500) in that field. The company was once the most valuable in the world, but Microsoft has lost more than half of its market value over the past decade.

Source: CNN Money

Microsoft’s Outlook Hits A Million Users

Microsoft’s rebranding of the widely used but culturally fading Hotmail service is off to a big start.

More than 1 million people signed up for e-mail accounts with Outlook, the new service to which all Hotmail users will eventually be transferred, in its first few hours of existence Tuesday.

But one important person apparently didn’t, at least not using his full name in his address: Microsoft CEO Steve Ballmer.

Staffers at the PC Pro website were able to register steveballmer@outlook.com. Continue reading

Microsoft Launches iPad Rival Tagged Microsoft Surface

Microsoft is to take on Apple in a war of the tablet computers with the launch of its own ‘iPad killer’ – the Surface.

It is a dramatic move for the US technology company, which historically has focused on producing software rather than hardware.

But after some success with the Xbox series of entertainment consoles, it now hopes to challenge Apple and Android in the lucrative touchscreen tablet market.

  • Microsoft tablet will use same Windows 8 operating system as PCs
  • Comes with built-in stand and keyboard to replicate experience of laptop
  • Company refuses to reveal price of tablet or confirm exact release date

Surface comes with a number of features which make it more similar to a laptop than a tablet – most notably, a built-in keyboard which could help the device appeal more to business customers.

And the fact that Microsoft is using the same Windows 8 operating system for the Surface as for laptop and desktop computers could mean that customers will find it easier to switch between different devices.

CEO Steve Ballmer was on hand at a press conference in Los Angeles to announce the tablet, calling it part of a ‘whole new family of devices’ the company is developing.

The 9.3mm-thick tablet, which uses the RT version of Windows, comes with a kickstand to hold it upright and keyboard that is part of the device’s cover. It weighs under 1.5 pounds.

In a possible nod to the device’s chief rival, it will apparently be 0.1mm thinner than the latest iPad. Continue reading

Microsoft Launches Social Network

Microsoft has opened up its So.cl social networking service to the general public.

The website is designed to let users share and comment on interesting search results and connect with “like-minded” people.

It is targeted at students and had formerly been restricted to invitees at universities and schools in the US.

The service integrates with Facebook and is being pitched as an “experiment” rather than a rival to other networks.

Microsoft noted that the product was developed by its Fuse Labs unit as a “research project… focused on the future of social experiences and learning.”

Members are invited to create “collages of content” using the firm’s Bing search engine technology and external links which they can then share with others. Continue reading