Security News

January 23, 2019

Tesla to cut production hours for Model S and X

This post was originally published on this siteTesla Inc said on Wednesday it is reducing production hours for its higher priced electric cars Model S and Model X to improve efficiencies, just days after it decided to increase production of its lower-priced versions of its Model 3s.
January 23, 2019

How the U.S. Govt. Shutdown Harms Security

This post was originally published on this siteThe ongoing partial U.S. federal government shutdown is having a tangible, negative impact on cybercrime investigations, according to interviews with federal law enforcement investigators and a report issued this week by a group representing the interests of FBI agents. Even if lawmakers move forward on new proposals to reopen the government, sources say the standoff is likely to have serious repercussions for federal law enforcement agencies for years to come. One federal agent with more than 20 years on the job told KrebsOnSecurity the shutdown “is crushing our ability to take the fight […]
January 23, 2019

Comcast tops profit forecasts as broadband business grows

This post was originally published on this siteComcast Corp beat Wall Street profit and revenue estimates on Wednesday as its high-speed internet business grew and it lost fewer cable subscribers than expected.
January 23, 2019

France aware of Huawei risks, will act when times comes – minister

This post was originally published on this siteFrance is aware of the risks of China’s Huawei Technologies access to next-generation mobile networks and will take measures when the time comes, its foreign minister said on Wednesday.
January 23, 2019

Hulu cuts price of most popular plan by 25 percent

This post was originally published on this siteVideo streaming service Hulu said on Wednesday it will drop the price of its most popular monthly plan by $2 to $5.99, less than two weeks after bigger rival Netflix Inc hiked rates by as much 18 percent in the United States.
January 23, 2019

Huawei executive has strong case against extradition: Canadian envoy

This post was originally published on this siteA top executive from Huawei Technologies Co Ltd being held in Canada can make “strong arguments” against extradition to the United States, in part due to remarks made by U.S. President Donald Trump, Canada’s ambassador to China said.
January 23, 2019

As Google races ahead, German carmakers look to go faster on autonomous driving

This post was originally published on this siteGermany’s top carmakers including BMW and Volkswagen are looking at ways to speed up development of the next generation of self-driving cars, possibly by even working together, as tech giant Google forges ahead with plans to mass produce such vehicles.
January 23, 2019

UK watchdog lays out oversight of cryptocurrencies

This post was originally published on this siteBritain’s markets watchdog set out which aspects of the nascent cryptocurrency industry it regulates on Wednesday, as volatile digital assets come under greater scrutiny.
January 23, 2019

Ugandan firm uses blockchain to trace coffee from farms to stores

This post was originally published on this siteAn Ugandan company has started using blockchain, the technology behind virtual currency Bitcoin, to certify shipments of coffee to try to meet growing demand from consumers for more information about where products have come from.
January 23, 2019

Facebook’s Sandberg says Zuckerberg should remain CEO, chairman

This post was originally published on this siteFacebook’s operations chief said the world’s largest social network needed to earn back public trust and was investing billions of dollars a year to improve the security of its network.
January 23, 2019

Huawei executive can make good case against extradition: Canada envoy

This post was originally published on this siteA top executive from Huawei Technologies Co Ltd [HWT.UL] can make a good case against being extradited to the United States, in part due to remarks made by U.S. President Donald Trump, Canada’s ambassador to China said in comments broadcast on Wednesday.
January 23, 2019

Kerrisdale says Qualcomm’s stock could shrink by half: report

This post was originally published on this siteActivist investor Sahm Adrangi, who cemented his reputation with successful bets against Chinese internet companies, said that he has taken a short position against Qualcomm Inc , arguing the chip supplier’s stock price could shrink by half.
January 23, 2019

Germany to fund research facility for EV battery technology

This post was originally published on this siteThe German government will fund a research facility to offer firms in Germany know-how to develop battery cells for electric vehicles (EVs), the science minister said on Wednesday, seeking to compete with Asian producers which dominate the industry.
January 23, 2019

Madrid taxis block access to tourist fair in anti-Uber protests

This post was originally published on this siteHundreds of taxi drivers protested outside one of Madrid’s largest tourist fairs on Wednesday, using their cabs to block access roads and burning rubbish as part of an open-ended strike against Uber and other ride-hailing services.
January 23, 2019

Johnson & Johnson eyeing surgical robotics firm Auris Health: Bloomberg

This post was originally published on this siteJohnson & Johnson is pursuing an acquisition of surgical robotics firm Auris Health Inc, Bloomberg reported on Wednesday, citing people with knowledge of the matter.
January 23, 2019

Comcast results beat on lower-than-expected video losses

This post was originally published on this siteTop U.S. cable services provider Comcast Corp reported quarterly revenue and profit above analysts’ estimates on Wednesday, as it lost fewer video subscribers than expected and grew its broadcast television and theme parks businesses.
January 23, 2019

Comcast revenue beats on lower-than-expected video losses

This post was originally published on this siteTop U.S. cable services provider Comcast Corp reported quarterly revenue above analysts’ estimates on Wednesday, buoyed by lower-than-expected video subscriber losses and growth in its broadcast television and theme parks businesses.
January 23, 2019

German carmakers, suppliers eye autonomous driving alliance: magazine

This post was originally published on this siteGerman carmakers Daimler, BMW and Volkswagen , and some of their major suppliers are in talks about developing a joint system for autonomous driving, manager magazine reported on Wednesday, citing company sources.
January 23, 2019

China deletes 7 million pieces of online information, thousands of apps

This post was originally published on this siteChina’s cyber watchdog said on Wednesday it had deleted more than 7 million pieces of online information as well as 9,382 mobile apps, and it criticized tech giant Tencent’s news app for spreading “vulgar information”.
January 23, 2019

From bait to plate: Blockchain platform tracks food’s journey

This post was originally published on this siteWith a scan of their smartphones, consumers can now track the journey of their fish meal to ensure it’s a legal, ethical and sustainable product.
January 23, 2019

China approves plan for new tech exchange in Shanghai: Xinhua

This post was originally published on this siteChina has approved a plan to set up a Nasdaq-style board for tech companies in Shanghai aimed at improving their ability to raise funds, the official Xinhua news agency reported on Wednesday.
January 23, 2019

UK watchdog flags possible ban on some crypto-related trading

This post was originally published on this siteBritain’s markets watchdog said on Wednesday it would consult later in the year on a proposed ban on selling derivatives linked to certain types of crypto assets to retail customers.
January 23, 2019

Subaru halts bulk of global car output over part defect

This post was originally published on this siteSubaru Corp said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component.
January 23, 2019

China’s Baidu pledges to improve search service after complaint

This post was originally published on this siteChina’s top search engine Baidu Inc said on Wednesday it will improve its media aggregating service after a complaint about the quality of the service and its search results went viral on social media, helping send its shares down sharply.
January 23, 2019

O2 and Vodafone extend UK network sharing deal to include 5G

This post was originally published on this siteTelefonica’s O2 and Vodafone have stepped up their challenge to British market leader BT by extending their network sharing deal to cover 5G, enabling them to accelerate the deployment of the faster mobile service at a lower cost.