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In the past few days, we've seen a lot of progress in iOS 7.1.1 untethered jailbreak.
Firstly the German hacker i0n1c has posted his own teaser video for his iPhone running on a jailbroken iOS 7.1.1. i0n1c – real name Stefan Esser – is a prolific member of the jailbreak community, and has almost single-handedly jailbroken several editions of iOS in the past.