Day: November 19, 2009

Hacked iTunes accounts removed from Chinese website

Hacked iTunes accounts removed from Chinese website The sale of hacked iTunes accounts in China has been dealt a blow as the Chinese online retailer Taobao.com has decided to remove all product listings relating to the sale of the stolen accounts. Taobao, China’s largest online retailer with 370 million users, said it removed the product listings after consumers reported that some of the iTunes accounts purchased had been stolen. Many of the iTunes accounts sold on Taobao would allow users to buy goods on the store at bargain Chinese prices. Some advertised the purchase of US$100 worth of iTunes...

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Tech investor donates £75m to fund poor students at Oxford University

Tech investor donates £75m to fund poor students at Oxford University The chairman of a venture capital fund that focuses on technology start-ups has donated £75 million to help fund poor undergraduates studying at the University of Oxford. Michael Moritz, chairman of Sequoia Capital, and his wife Harriet Heyman want the money to go towards funding all the living costs and most of the tuition fees of less well-off undergraduates studying the sciences, such as computer science, maths or engineering. Moritz’s company has previously backed the likes of Google, PayPal and Yahoo. The donation is dependent on the Oxford...

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