Israeli hackers attack Saudi & UAE stock exchange websites

The Middle East has always been a troubled place, and now people are taking to the web to launch their attacks. On Tuesday, a group of Israeli hackers took down the Saudi Arabia stock exchange and the United Arab Emirates stock exchange websites, Israeli newspaper Haaretz reports. The group, which calls itself IDF-Team, was able to paralyze the Saudi stock exchange site and cause delays on the UAE site.

Facebook to reach 1B active users in August, that’s 14% of the world

Gregory Lyons, a senior analyst at digital marketing firm iCrossing, ran the numbers based on Facebook’s past growth and found that Facebook will probably hit the milestone in August 2012. Currently, it has 800,000 users. He found that Facebook initially grew at an exponential rate, but then went through a slow down in progress, which caused it to grow more linearly. The slow down was a result of the United States and the United Kingdom tapping out at 49 and 47 percent of the population respectively. New signups from those countries have “slowed or stopped”.