Citigroup responded to reports by the Financial Times, confirming it had been hacked. While the breach only affected 1% of customers, Citigroup refused to alert anyone about the month-old cyber attacks. No sensitive information was stolen except for email addresses and card numbers. In other news, Apple reversed its rules on how publishers are required to sell subscriptions through iTunes. Previously, companies were forced to sell iPad publications solely through the App Store, forking over 30% of profits to Apple. Now, publishers can now set subscription terms and prices through their website instead. And finally, Microsoft finally lost its appeal against a $290 million patent dispute with company i4i. The case stems from i4i suing Microsoft over a software feature in Word, which would require Microsoft to pull the software from stores. I4i says the case is an example of Microsoft trying to lower the standard for invalidating patents.
Shelly Palmer Radio Report – June 10, 2011
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).