Daily readings 08-30-2012

By: admin
Published: August 30th, 2012

Is Inflation Returning?

Rising inflation is certainly not inevitable, but, in both the US and Europe, it has become a risk to be reckoned with.

Spyware Matching FinFisher Can Take Over IPhones

FinFisher spyware made by U.K.-based Gamma Group can take control of a range of mobile devices, including Apple Inc. (AAPL)’s iPhone and Research in Motion Ltd. (RIM)’s BlackBerry, an analysis of presumed samples of the software shows.

The program can secretly turn on a device’s microphone, track its location and monitor e-mails, text messages and voice calls, according to the findings, being published today by the University of Toronto Munk School of Global Affairs’ Citizen Lab. Researchers used newly discovered malicious software samples to further pull back the curtain on the elusive cyber weapon.

Designer markets brown paper lunch bag

How much would you pay for a brown paper bag? Some people are paying up to $290 for one.

Designer Jil Sander is selling a handbag that looks like the brown paper bags used to transport students’ lunches to school. The bag is being sold for up to $290.

According to Sander’s website, the unisex bag is sold out. There is no word if more bags will be made.

‘Emergency’ Tax on the Rich Roils Britain

As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich.

U.S. Firms Move Abroad to Cut Taxes

Despite ’04 Law, Companies Reincorporate Overseas, Saving Big Sums on Taxes

Cuba Vice President Marino Murillo’s daughter defected and is living in Tampa

Glenda Murillo, daughter of Cuban Vice President Marino Murillo, defected and set dry foot in Texas earlier this month.

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More on this topic (What's this?) Read more on Inflation, IPhone at Wikinvest
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