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%excerpt% Link: Why I Told Anonymous to Kiss My Ass

The lesson from LinkedIn's data breach? Most online passwords are easy nuts to crack.

Breaking news from your editors at Fast Company, with updates all day. Fair Labor Association Inspects Foxconn Factories . Apple has asked the Fair Labor Association to conduct a round of audits on several suppliers including Foxconn in China.

The day has finally come as many has long predicted and hoped: Facebook today filed its S1 registration . We're combing through the numbers at present--we'll update as we get a better grasp on the figures--but here are the initial highlights. Net income for 2011 reached $1 billion in 2011, on revenue of $3.7 billion, up from $606 million on revenues of $1.97 billion in 2010

Computer security expert Jeremiah Grossman thinks that traditional cybersecurity doesn't have what it takes to fight off today's wired intruders; he advocates companies and governments invite hackers to find weak spots in their systems. Although the year has just started, 2012 is turning out to be an annus horribilis for cyberattacks. Shortly after the New Year, 24 million Zappos customers found out that hackers had accessed their personal information.

Last week, an Indian hacker crew successfully broke into a secured Indian military government network. The group, the Lords of Dharmaraja, posted documents that infer Apple, Nokia, and Research In Motion gave the Indian government backdoor access to their devices in exchange for mobile phone market rights.

We are constantly warned to protect our passwords, Social Security numbers and other “personal identifying information” to thwart thieves who may steal laptops or perpetrate online fraud. Although such breaches have soared since 2005 ( right ) as criminals try to commit identity theft, the truly enormous breaches ( bottom ) have increasingly been carried out by “hacktivists”--individuals or groups who are angry about an organization’s actions. Hackers, for example, exposed data about 77 million Sony customers after the company pursued legal action against other hackers.

Adam Segal, one of the Council on Foreign Relations' top experts on China and technology, talks to Fast Company about what's special about Chinese cybercriminals, Chinese fears of NSA backdoors, and bored East Asian teenagers. Cyberwarfare in 2011 is an odd beast

TapIn's iPad app reorients news, classifieds, and events around precise locations, making every user feel like a local expert. The local news industry is in disarray. Local ad revenue has plummeted

China's state-run Xinhua News Agency has struck back against Google following the Internet giant's claims earlier this week that recent hacker attempts to steal Gmail user passwords appeared to have originated from China.

Monday's when we finally hear all about Apple's cloud services offering iCloud. We don't know much, but thanks to enterprising photographers at the Moscone West center where Apple's event will be held, we now know what the logo looks like

This chart, from Trendistic , shows just how wild Twitter is going over the Royal Wedding--and that's just for the word "wedding" -- "Will" and "Kate" are even more dramatic. 1

1. Is there a new Net technology bubble underway? Twitter 's