Technology

Facebook fixes fault that displayed millions of user passwords to employees

Facebook Inc said on Thursday it has resolved a glitch that exposed passwords of millions of users stored in readable format within its internal systems to its employees. The passwords were accessible to as many as 20,000 Facebook employees and dated back as early as 2012, cyber security blog KrebsOnSecurity, which first reported said in its report. “These passwords were...

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Samsung Elec profit growth slows as Galaxy S9 misses sales targets

SEOUL - Samsung Electronics Co Ltd (005930.KS) posted its slowest quarterly profit growth in more than a year on Tuesday as its Galaxy S9 device missed sales targets and competition heated up, casting doubt on its leadership of the smartphone market. The Apple Inc (AAPL.O) components supplier and smartphone rival said operating profit from the mobile business recorded its steepest...

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French lawmakers ban smartphones in schools

PARIS: French schoolchildren will have to leave their smartphones switched off or at home as the new academic year begins in September after lawmakers voted for a ban on Monday. The ban on smartphones, tablets and other connected devices, which will apply to pupils up to the age of 14-15, fulfils a campaign promise by centrist President Emmanuel Macron while...

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Nokia, T-Mobile US agree $3.5 billion deal, world’s first big 5G award

LONDON: T-Mobile US (TMUS.O) named Nokia (NOKIA.HE) to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root. No.3 U.S. mobile carrier T-Mobile - which in April agreed to a merger with Sprint (S.N) to create...

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China launches new twin BeiDou-3 navigation satellites

XICHANG: China on Sunday sent twin satellites into space via a single carrier rocket, entering a period with unprecedentedly intensive launches of BeiDou satellites. The Long March-3B carrier rocket lifted off from Xichang Satellite Launch Center in southwest China's Sichuan Province at 9:48 a.m., the 281st mission of the Long March rocket series. The twin satellites are the 33rd and...

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Bad week in social media gets worse; Twitter stock hammered

NEW YORK: Cracking down on hate, abuse and online trolls is also hur­ting Twitter’s standing with investors. The company’s stock plunged on Friday morning after it reported a decline in its monthly users and warned that the number could fall further in the coming months. The more than 17 per cent drop in share value at the opening bell comes...

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YouTube plans original programming in India, Japan and other markets

BEVERLY HILLS: Alphabet Inc’s YouTube is creating scripted series and other original programming for international markets including France, Germany, Japan, Mexico and India to try to draw new customers to its paid subscription service, a senior executive said on Friday. The programming will come in the form of multiple genres such as music documentaries, reality series, talk shows and scripted...

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Twitter warns fake account purge to keep erasing users, shares drop 19 percent

NEW YORK: Twitter Inc (TWTR.N) on Friday said it lost 1 million monthly active users from the previous quarter and warned the closely watched figure could keep falling as it deletes more phony accounts, causing the biggest one-day decline in its shares since 2016. The company said the work it was doing to clean up Twitter by purging automated and...

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Spotify grows to 80M paid subscribers amid continued growth

Top streaming platform Spotify said Thursday that it has reached 83 million paying subscribers, marking steady growth even as the company still struggles to make a profit. The Swedish company unveiled the figure, on the high end of its forecasts, as it released its earnings for the quarter to June. It had reported 75 million paying subscribers three months earlier....

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Facebook bears worst one-day drop in U.S market history

WASHINGTON: It has turned into a brutal reality check for Facebook. The social network star -- which has weathered storms over privacy and data protection -- is now looking at cooler growth following a years-long breakneck pace. Shares in Facebook plummeted 19 percent to close at $176.26 Thursday, wiping out some $100 billion -- believed to be the worst single-day...

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Barcelona: taxi Drivers stage protest against Uber, Cabify for taking away their jobs.

BARCELONA, Spain  — Taxi drivers from all corners of Spain drove to Barcelona to join a 2-day strike that started Wednesday in protest of the growing number of cars operating under ride-hailing apps. Uber and Cabify briefly halted service, saying some of their drivers were attacked. The taxi drivers, who joined a raucous protest in front of the Arch of...

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Sensor specialist AMS bets on self-driving cars

VIENNA - Austrian chipmaker AMS, mainly known as a supplier of sensors for Apple’s iPhone X, aims to expand further into the fast-growing business of making sensors for self-driving cars. The Swiss-listed company already develops sensors that can help to map roads and control gear shifters and chassis in autonomous vehicles. “Attractive demand for our automotive solutions continues across product...

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Russian hacker got access to networks of US electric utilities: WSJ

Russian hackers gained access to the networks of US electric utilities last year, which could have allowed them to cause blackouts, according to federal government officials, who said the campaign is likely continuing, The Wall Street Journal reported on Monday. The hackers, who worked for a Russian state-sponsored group known as Dragonfly or Energetic Bear, claimed “hundreds of victims” in...

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Facebook to double office presence in London

LONDON: Facebook said on Monday it would double its presence in London, acquiring nearly 600,000 square feet (56,000 square meters) of office space across two buildings in King’s Cross — enough for more than 6,000 workstations. The social network did not say how many jobs it would add in the British capital, where it expects to employ 2,300 people by...

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NASA to fly probe into Sun’s scorching atmosphere

CAPE CANAVERAL:  NASA is preparing to send a probe closer to the Sun than any other spacecraft has ventured, enduring wicked heat while zooming through the solar corona to study this outermost part of the stellar atmosphere that gives rise to the solar wind. The Parker Solar Probe, a robotic spacecraft the size of a small car, is slated to...

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US court sentences 21 people in huge call centre scam based in India

A United States (US) court has sentenced 21 Indian-origin people for up to 20 years in prison for involvement in a multi-million dollar India-based call centre scam, NDTV reported. According to reports, the scandal defrauded thousands of US citizens of hundreds of millions of dollars. The US Justice Department said the defendants and their conspirators perpetrated a complex fraud and money laundering...

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Facebook, Twitter,Google, Microsoft form alliance for “Data Transfer Project”

Facebook, Google, Microsoft and Twitter unveiled plans Friday to make it easier for users to take their personal data and leave one online service for another. The "Data Transfer Project" revealed by the companies responds to concerns about the growing influence of internet platforms and internet user concerns about control of their personal information shared online. "Users should be in...

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