Industry

LG Releases Patch Enriched Smart Notice App To Prevent Data Hacking in Its G3 Smart Phones

BugSec and Cynet, two computer security companies have identified a security loophole in LG’s G3 smart phones. A built in app in G3 smart phones, naming Smart Notice, has enabled hackers to use the loophole to steal data. Upon information and following demonstrations from the researchers, LG has released a new version of Smart Notice containing a patch and urges users to run the new app ASAP.


Microsoft Q2 profit beats analysts' view on Cloud Product Power

Microsoft Corp said its quarterly profit beat analysts' view, propelled by mounting demand for its cloud products. Quarterly net income, on an adjusted basis, amounted to $6.3 billion, up from $5.8 billion in the same period last year.

Reddit Initiates Testing official Android App, Expects Further Developments Throughout 2016

Reddit has initiated testing the official Android app on Thursday after releasing the beta version on December. Volunteers taking part in the previous test also remain as the first opportunists to test the official version. The official version is expected to override the hiccups existed in the third party application. The CEO of Reddit has hinted for going through massive modernization processes throughout 2016.

Apple fixes Safari bug that crashed Mac and iOS browser

The Safari fault which has affected a range of Apple devices has been fixed. The fault was related to Apple's Safari Suggestions feature. Simply disabling this feature will stop Safari crashing says iOS developers.


Latest News

Global investors are withdrawing from Russian stock markets as volatility is high in equities and currency Ruble. The continuous drop in oil price is impacting the Russian economy much as it's the main revenue source for the country. The gap between onshore and offshore traded equities is narrowing down as foreign investors are selling off.
South African largest iron ore producer Kumba cuts as many as 3900 miners after prices plunged. Kumba decided to restructure the Sishen mines to become a low cost pit configuration and as a result, about 2,633 employees of Kumba and 1,300 contractors will be affected.
The Republican Debate is going to be held in Iowa State on Thursday. The fast food workers under the banner of ‘$15 per hour minimum wage movement’ have called strike on the very day apparently due to gain media attraction. The strike has been called demanding immediate implementation of the said minimum wage rate across the country and union rights. However, the demands have already been supported by many Democratic candidates and furnished in their election manifesto.
The British Pound strengthened against major global currencies after a report on UK's GDP growth. The report said that UK's economy speeded up during the fourth quarter of 2015. The rise in consumer demand helped the economy expansion. The British Pound recovered from the two-week low of 1.4338 against the US dollar to at $1.4314.
Anglo American's copper production and from retained operations rose 23 percent for the fourth quarter of 2015. The overall copper equivalent basis production for 2015 rose five percent when compared with 2014. Majority of metals including copper, coal, nickel and iron ore tumbled during the second half of 2015. The copper inventory of Anglo American was at 197,631 tons as on 2015.
China's tech startup may find 2016 as a tough year as venture capital will face a slowdown this year. Analyst predicted venture capital in China will decline this year, and government try hard to boost the development.
The app has been widely used in Spain and just launched in Paris and London. The services focus on blue collar workers and small business who often need a more simple and time-saving recruitment process. The app works similarly to dating app Tinder, where one party can swipe to decide whether the profile on screen fit what they are looking for.
Boeing has announced reducing production during 2016. The news has caused US Aerospace Share prices to go down by 9% on Wednesday, which has regained a little on Thursday. The production cut is not due to tattering financial condition of the aircraft manufacturer, but it is related to a transforming strategy. Still the manufacturer holds orders for delivery of around 6,000 aircraft, which represents a different tale.
Movidius, a chip maker, working on neural network technology has announced collaborations with Google on Thursday. Under the partnership agreement, Google will arrange license for some low power chips of Movidius. In return, the search engine provider will be able to use the machine learning and computer visioning technologies to its mobile devices. Computer visioning capabilities will enable users to experience low latency on their mobile devices.
Gold soared to three-month high early this week as investors switched over to safe have following the concerns about the global economy. The US Federal Reserve indicated a challenging global economy and this may not prevent it from raising interest rate. Gold price reached to $1,127.80 on 27 January and this propelled investors to book profits.