Trade fears weigh on markets, as Coca-Cola buys Costa Coffee for £3.9bn – as it happened

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John McAfee’s ‘unhackable’ Bitfi wallet got hacked — again

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If the security community could tell you just one thing, it’s that “nothing is unhackable.” Except John McAfee’s cryptocurrency wallet, which was only unhackable until it wasn’t — twice. Security researchers have now developed a second attack, which they say can obtain all the stored funds from an unmodified Bitfi wallet. The Android-powered $120 wallet relies on a user-generated secret phrase and a “salt” value — like a phone number — to cryptographically scramble the secret phrase. The idea is that the two unique values ensure that your funds remain secure. But the researchers say that the secret phrase and salt can be extracted, allowing private keys to be generated and the funds stolen. Using this “cold boot attack,” it’s possible to steal funds even when a Bitfi wallet is switched off. There’s a video below. on a completely unrelated note, here is a @Bitfi6 being cold boot attacked. it turns out that rooting the device does not wipe RAM clean. who would have thought it!?...
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Coca-Cola to buy UK coffee chain Costa for $5.1 billion

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Coca-Cola has agreed to buy coffee chain Costa for $5.1 billion including debt to extend its push into healthier drinks and take on the likes of Starbucks and Nestle in the booming global coffee market. The purchase from Britain’s Whitbread of Costa’s almost 4,000 outlets thrusts the world’s biggest soda company into one of the few bright spots in the sluggish packaged food and drinks sector. Paying about 1 billion pounds ($1.3 billion) more than some analysts had expected, Coke will use its distribution network to supercharge Costa’s expansion as it chases current coffee chain market leader Starbucks and its almost 29,000 stores across 77 markets. Beyond coffee shops, Coca-Cola CEO James Quincey, himself a Briton who is familiar with the Costa brand, said Costa would provide an important growth platform ranging from beans to bottled drinks in what is one of the world’s fastest-growing drink categories, growing 6 percent. “Coca-Cola doesn’t have a broad, global portfolio in thi...
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