In an interview with The Australian Financial Review ex-CIA and NSA boss General Michael Hayden said he believes networking equipment vendor Huawei builds back-doors into its gear in order to facilitate espionage. The firm says the accusation is untrue. In response to the question, “I just want to confirm this is correct. You believe that […]
Google has reported a 19 percent increase in revenue for its most recent quarter. Still, it failed to meet analyst expectations, largely because of difficulties related to mobile ads and it’s Motorola division. Bloomberg’s Brian Womack reported, “Google Inc. (GOOG) shares fell the most in nine months after the owner of the most popular Internet […]
For the second quarter, IBM’s revenue declined, but its earnings exceeded analyst expectations. The company increased its guidance for the full year. Darryl K. Taft with eWeek reported, “IBM beat expectations in its second-quarter 2013 earnings, despite a shortfall of 12 percent in its Systems and Technology revenue. Excluding a $1 billion ‘workforce rebalancing’ charge, […]
Unnamed sources tell CNET that Google is testing a new method of encryption that could make it more difficult for government agencies, like the NSA, to access data. Meanwhile, Google and other tech companies continue to press the U.S. government to allow them to release more details about their participation in the NSA’s Prism program. […]
Intel has reported earnings that failed to meet analyst expectations. The company’s revenue and profits have been steadily declining as consumers continue to purchase smartphones and tablets instead of PCs. All Things D’s Arik Hesseldahl reported, “Intel’s second-quarter earnings just crossed the wires, and they’re below what analysts had expected. Earnings per share were 39 […]
Nokia’s sales of its Windows Phone-powered Lumia line rose in the second quarter, but that wasn’t enough to overcome the lagging sales of its other phones. The company posted a disappointing loss. BBC News reported, “Nokia shares have tumbled 4% after the company released weak second quarter sales. The mobile phone company reported sales of […]
In April, Google proposed a series of steps that it hoped would address European Commission (EC) concerns about its search practices. Now the EC has responded by saying those proposals are inadequate. The Telegraph’s Christopher Williams reported, “Competition Commissioner Joaquin Almunia said on Wednesday that Google’s offer to label its own services in general web […]
Microsoft is vigorously denying allegations made by an article in The Guardian that it provided an NSA intelligence gathering program with unfettered access to its servers. Instead, the company said it provides data only in response to lawful requests. PCMag’s Chloe Albanesius reported, “Microsoft this week hit back at a recent story from The Guardian […]
For July, Oracle is releasing a huge security update with fixes for 89 different bugs. Nearly every enterprise that uses Oracle software will need to apply the updates as soon as possible. Computerworld’s Jeremy Kirk reported, “Oracle said on Tuesday that its monthly round of patches for July includes 89 fixes, 27 of which address […]
Yahoo has posted its second quarter financial report just one day before the one-year anniversary Marissa Mayer’s start date as CEO. The results were mixed with earnings up 46 percent but falling revenues that failed to meet expectations. Jessica Guynn with the Los Angeles Times commented, “It’s not such a happy anniversary for Marissa Mayer, […]
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