Google swallowed company virtual currency

Google is the threat to absorb the rapid start-up companies. New acquisition of the Internet giant is the developer of virtual currency Jambool.

The value of the deal was announced, but preliminary expectations were for an amount of about 70 million dollars, reported CNET News.

Jambool began business in 2006 with the product Social Gold, which allows the construction of infrastructures with virtual currency.

Google has its own platform for transactions - Google Checkout, similar to PayPal, and will probably try to supplement it with a system of virtual currency.

Week before Google acquired social media company Slide, founded by veteran Max Levchin of PayPal.

It is believed that this transaction the company will further develop its strategy for social games to compete with Facebook.

Google recently invested in social games giant Zynga, the objective is probably to create a complete gaming own product.

Publishers of social games earned 490 million U.S. dollars last year, and in this market is expected to reach 835 million U.S. dollars, according to Inside Social Games.

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Hacker boasts a new "widget" for the eavesdropping of GSM-and

Created device is inexpensive, costing 1500 dollars for interception and recording of calls to mobile phones.

Said the specialist on the problems of computer security Pagat Chris during the ongoing conference in Las Vegas on issues relating to the security of electronic communications.

He even wanted to demonstrate his invention to the conference, but organizers had warned him, that it may violate the law against illegal wiretapping, AP reported.

However, the message is causing considerable interest because in practice it has already demonstrated how easy it is to be drilled protection calls to mobile phones with devices made from components which each could be ordered over the Internet.

Hitherto existing devices intercepted conversations on mobile phones cost hundreds of thousands of dollars.

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