Apple’s Steve Jobs Quits, AAPL Dips

Steve Jobs has quit as the CEO of Apple Inc (AAPL). His letter read:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

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And The Hackers Get Younger by the (Zero) Day

A 10-year-old girl, who goes by the pseudonym – “CyFi”, has found that games apps on smartphones or tablets running on iOS or Android mobile platforms can be hacked into by tinkering with the device’s clock settings, which exposes an exploitable security loophole, or a “zero-day flaw”.

The girl displayed her hacking skills at the first annual DefCon Kids hacker conference – a subset of DefCon Hackers Conference in Las Vegas, the self-identified “world’s longest running and largest underground hacking conference”. Her presentation was titled “Apps — A Traveler of Both Time and Space; And What I Learned About Zero-Days and Responsible Disclosure”.

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