Bitcoin-Stealing Mac OS X Trojan Discovered [Mac Blog]

A new Mac OS X trojan horse that monitors web browsing traffic in order to steal Bitcoins has been discovered by SecureMac. The trojan, called OSX/CoinThief.A, is disguised as an innocuous Bitcoin app called StealthBit that purports to send and receive anonymous payments.

The app was posted on open-source website GitHub, but the precompiled version of the app had the malicious payload installed. The malware installs browser extensions in Safari and Google Chrome looking for login credentials for a number of Bitcoin related websites including MtGox, BTC-e, and blockchain.info. When the app finds login credentials, it sends those back to the malware’s developer.

Initial infection occurs when a user installs and runs an app called “StealthBit,” which was recently available for download on GitHub, a website that acts as a repository for open source code. The source code to StealthBit was originally posted on GitHub, along with a precompiled copy of the app for download. The precompiled version of StealthBit did not match a copy generated from the source code, as it contained a malicious payload. Users who downloaded and ran the precompiled version of StealthBit instead ended up with infected systems. A user posting over the weekend on Reddit, the popular discussion site, reported losing 20 Bitcoins (currently worth upwards of $12,000 USD) to the thieves.

Bitcoin users who may have downloaded the app should check their browser extensions in Safari and Google Chrome for generic “Pop-Up Blocker” extensions.

Carl Icahn Abandons Push for Apple to Boost Stock Buyback

Billionaire Carl Icahn has abandoned his effort to encourage Apple to increase its stock repurchasing program, according to a new letter addressed to Apple shareholders. Icahn had aggressively pushed for an increased stock buyback of up to $150 billion, going so far as to recommend a proxy vote for shareholders to support his agenda.

In explaining his reversal, Icahn points to a recent decision by Apple to repurchase $14 billion on a dip in the company’s stock price following its most recent earnings announcement. Well-known proxy advisory firm Institutional Shareholder Services (ISS) this week also sided with Apple and recommended against Icahn’s scaled-back $50 billion stock buyback plan presented to shareholders.

That being said, we also agree with ISS’s observation, taking into account that the company recently repurchased in “two weeks alone” $14 billion worth in shares, that “for fiscal 2014, it appears on track to repurchase at least $32 billion in shares.” Our proposal, as ISS points out, “thus effectively only asks the board to spend another $18 billion on repurchases in the current year.”

As Tim Cook describes them, these recent actions taken by the company to repurchase shares have been both “opportunistic” and “aggressive” and we are supportive. In light of these actions, and ISS’s recommendation, we see no reason to persist with our non-binding proposal, especially when the company is already so close to fulfilling our requested repurchase target.

Icahn went on to say that he is excited about Apple’s future, which will see the company introduce products in new categories this year. Rumors strongly suggest Apple is working on a watch/fitness band with sensors to potentially measure steps, calories, heart rate, glucose levels and more. Apple has assembled a “dream team” to work on this iWatch product, hiring a number of the best and brightest scientists from the medical device and health sensor field.

Apple’s 2014 annual meeting of shareholders is scheduled for February 28, 2014.

Arizona Won Apple’s Sapphire Plant with Tax Breaks, Energy Infrastructure, and Responsiveness [iOS Blog]

A new report from Bloomberg takes a look at how Mesa, Arizona was able to secure its deal with Apple to bring the company’s new sapphire manufacturing plant to the city. That facility is set to begin operation this month with production at a scale massive enough to support a shift to sapphire display covers for the next-generation iPhone.

Former First Solar manufacturing facility purchased by Apple for new sapphire plant (Source: Business Wire)
The report notes that Mesa and the State of Arizona moved aggressively to reach a deal with Apple and its partner, GT Advanced Technologies, learning from previous negotiations that saw Arizona lose out to Austin, Texas for an expansion of Apple’s operations facilities. As a result, Mesa and Arizona officials made every effort to offer specific incentives, expedite permitting approvals, and even build out power infrastructure to meet Apple’s demands.

Time was of the essence since Arizona had lost out on the previous Apple facility to Texas less than two years earlier and was nervous others might trump its bid. Officials typically had just a few days to respond to Apple’s questions, [Mesa mayor Scott] Smith said.

One sticking point: power. Apple wanted the facility to use 100 percent renewable energy and negotiated with the state and local power company, Salt River Project, about how to make that happen. New solar and geothermal projects are being built because of the project. Apple also got officials to agree to construct a new power substation for the plant.

Other benefits for Apple include a $10 million grant from the state to support building improvements and hiring efforts, as well as a special designation for the property that will cut Apple’s property taxes by over 70 percent.

Mesa and Arizona are already seeking to leverage Apple’s arrival to create a new technology corridor in the area where Apple’s facility is located, with a number of companies having already contacted officials to express interest in locating near Apple.

Nintendo Not Responsible for ‘Flappy Bird’ Removal [iOS Blog]

Flappy Bird fans upset the game has been pulled from the App Store by its developer should not blame Nintendo for the removal, despite similarities to Nintendo’s Super Mario Bros. game. Nintendo spokesman Yasuhiro Minagawa confirmed to The Wall Street Journal that the game maker had not complained about the title.

In an email to The Wall Street Journal, Nintendo spokesman Yasuhiro Minagawa on Monday reiterated previous company statements that the Japanese videogame giant hasn’t complained at all about Flappy Bird’s similarities to Nintendo’s original “Super Mario Bros.”

“While we usually do not comment on the rumors and speculations, we have already denied the speculation” last week, he [Yasuhiro Minagawa] said.

Reports suggest Nguyen could face a copyright lawsuit and other legal issues in his home country of Vietnam, but the developer has denied those claims. He instead expressed frustration at the attention his game has brought him, pleading on Twitter for the media to “Please give me peace.”

Press people are overrating the success of my games. It is something I never want. Please give me peace.

— Dong Nguyen (@dongatory) February 4, 2014

Flappy Bird no longer appears in the App Store and is only available to those who downloaded the app before it was removed. Nguyen said he is not interested in selling the game, so it won’t return unless he changes his mind. Before it was removed, Flappy Bird was generating $50,000 a day in ad revenue and had been downloaded over 50 million times, according to The Verge.