The UpStream

Forget 4G, Verizon Cranks Up Their Backbone Speed to 100G

posted Wednesday Sep 21, 2011 by Nicholas DiMeo

Forget 4G, Verizon Cranks Up Their Backbone Speed to 100G

Ever wanted to download a full Blu-ray movie in a few seconds? Well, very soon your prayers may be answer and you will be able to thank Verizon for making it happen. Big Red has said this week that it will be accomplishing an industry first when it flips the switch on its already-deployed 100Gbps data connection. You heard right: 100Gbps. This is technology so fast, that an MP3 file would be downloaded before you could even think of wanting to listen to it.

Unfortunately, those speeds aren't available at your house yet. Why? We have the answer after the break.

Russian 'Soldier' Steals $3.2 Million in Six Months

posted Sunday Sep 18, 2011 by Nicholas DiMeo

Russian 'Soldier' Steals $3.2 Million in Six Months

Ever wonder what the Russians are up to lately? News has come across my desk this week that sheds a little light on their improved craftiness. A Russian man in his twenties is suspected to be running a cyber crime ring, stealing millions of dollars with bank Trojans and other types of malware.

Trend Micro has reported that this man, named "Soldier," has been able to steal over $3.2 million in only six months, beginning somewhere in January of this year. Just to break it down, that's $17,000 a day!

How did this happen? We have the details after the break.

Commercials Say eBaying is a Smart Move on Your Smartphone

posted Sunday Sep 18, 2011 by Jon Wurm

Commercials Say eBaying is a Smart Move on Your Smartphone

eBay has managed to sustain a relatively small amount of marketing and advertising since 2006 and it seems they've decided to come out of their shell and launch a new advertising campaign that will address the perception of eBay as a auction service and the mobile aspect of purchasing off the site. This decision was made because the way people use eBay has changed over the years and advancements in technology have imbued smartphones with the power to purchase which companies like PayPal and American Express know isn't a widely used option right now. Richelle Parham, the chief marketing officer of eBay stated it simply,

We need to change that perception.

What she's referring to changing is the perception of the company as just an auction site. Over the past several years the fixed price items have come to surpass the number of items purchased through auctions. The new ad campaign, which has already aired some commercials, depicts someone purchasing a tablet at a fixed price through eBay which is bringing the mobile purchasing possibility into the mix.

For more on the story and to check out one of the ads, hit the break.

AT&T Launches True 4G LTE, Available in Only Five Cities

posted Sunday Sep 18, 2011 by Nicholas DiMeo

AT&T Launches True 4G LTE, Available in Only Five Cities

We'll just cut right to the chase with this one. Over the weekend, AT&T launched their 4G LTE network. Turns out that they really do want to acquire T-Mobile to expand their 4G, right? Sadly, that is not the case. If you haven't followed along with us through the lies and deceit that T-Mobile and AT&T were delivering when it came to 4G truly meaning 4G, boy have you got a lot of catching up to do, so start here.

I guess we'll start up by saying AT&T claims to already have a 4G network (read: HSPA+), so this is their 4G LTE network that is being launched. This will not only confuse consumers that already have a "4G" device, but now clearly points out that what they had before was fake compared to Verizon's 4G LTE, that launched with what it promised.

For where you will be able to get 4G LTE service for AT&T, follow us after the break.

Sony Prevents Lawsuits Now and in the Future

posted Sunday Sep 18, 2011 by Scott Ertz

Sony Prevents Lawsuits Now and in the Future

Microsoft's not the only ones working on updates to their service, but they do seem to be the only ones working to improve it. Sony, instead of working on improving the quality of the PSN or making Home relevant have been working very hard to update their terms of service. As with any ToS change for any system, you must agree to the new terms before you are allowed to continue using the system.

Most of the time this is just fine, but occasionally a company will add a clause that is against the user. Most recently there was a lot of outrage over DropBox changing their ToS to say that anything you upload to their service becomes their property. While most people seemed to be offended by a change like that, Sony seems to have been inspired. This week introduced a ToS change to the PSN that essentially states you cannot join a class action lawsuit against Sony.

To read the exact text and find out how it affects you, hit the break.

Teens Could Flip Mobile Payments Upside Down

posted Sunday Sep 18, 2011 by Jon Wurm

Teens Could Flip Mobile Payments Upside Down

PayPal, Google, Visa, Mastercard, Square and American Express have interjected themselves into the mobile payment arena with pretty mediocre results. One of the major issues is that there simply isn't a need for the service as far as most people are concerned. Credit cards are almost universally accepted as a quick and easy form of payment. Sure there are security issues that come along with carrying 1 or 4 credit/debit cards and any amount of cash but most just accept the risks for what they are. T- Mobile's Chief Strategy Officer Peter Ewens asserted at Mobile Future Forward that the security for mobile payments was improved over credit cards but that doesn't seem to be enough to get adoption rates up. You could probably compare mobile payments and credit cards to PDF and XPS files. PDF's solve a problem, not in a great way but everyone uses them. XPS's are a great solution to the same problem but since most people have already used PDF's for years, they just don't care to switch.

All the big names at Mobile Future Forward also agree that technology like NFC, near field communications, are still about 3 years out from becoming mainstream on mobile devices and in the check-out registers of retail outlets. In the meantime, a new market segment has been targeted by American Express that differs greatly from corporate sector everyone has been targeting.

To find out who AmEx has set their sights on now, hit the break.

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