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Cynthia Harvey

Former CIA, NSA Head Accuses Huawei of Spying for China

Former CIA, NSA Head Accuses Huawei of Spying for China

Trends
July 19, 2013

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 Financial Report Fails to Meet Analyst Expectations

Google Financial Report Fails to Meet Analyst Expectations

Trends
July 19, 2013

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 […]

IBM Revenue Declines, But Earnings Beat Expectations

IBM Revenue Declines, But Earnings Beat Expectations

Trends
July 18, 2013

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, […]

Report: Google Tests Spy-Proof Encryption for Google Drive

Report: Google Tests Spy-Proof Encryption for Google Drive

Trends
July 18, 2013

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 Earnings Fail to Meet Expectations

Intel Earnings Fail to Meet Expectations

Trends
July 18, 2013

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 Sells More Lumia Smartphones, But Still Posts a Loss

Nokia Sells More Lumia Smartphones, But Still Posts a Loss

Trends
July 18, 2013

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 […]

Europe Not Satisfied with Google’s Proposed Concessions

Europe Not Satisfied with Google’s Proposed Concessions

Trends
July 17, 2013

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 Denies Cooperating with NSA

Microsoft Denies Cooperating with NSA

Trends
July 17, 2013

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 […]

Oracle Security Update Patches 89 Vulnerabilities

Oracle Security Update Patches 89 Vulnerabilities

Trends
July 17, 2013

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 Revenue Falls, But Earnings Climb

Yahoo Revenue Falls, But Earnings Climb

Trends
July 17, 2013

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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