Sections SEARCH Skip to content Skip to site index Business Log In Log In Today’s Paper Business | China’s Spenders Are Saving. That’s a Problem for Everyone. Advertisement Supported by Chinese consumers, a $4.9 trillion force, transformed the global economy. With their own economy slowing, they are pulling back. ByAlexandra Stevenson Oct. 2, 2019 Updated 11:15 a.m. ET ZHENGZHOU, China The Chinese economy is slowing and the cost of living is rising. The trade war with the United States shows no sign of ending. Wage growth is sluggish. More young people are chasing fewer job prospects. Chinese consumers, who have become more cautious over the past year, are now staging a broad retreat. They are buying fewer cars, smartphones and appliances. They are going to the movies less and taking fewer trips abroad. They would rather stick their money in the bank. For Now young people have more … [Read more...] about China’s Spenders Are Saving. That’s a Problem for Everyone.
Apples report a problem
Sections SEARCH Skip to content Skip to site index Technology Log In Log In Today’s Paper Technology | Apple Reports Declining Profits and Slowing Growth, Again Advertisement Supported by ByJack Nicas Jul 30, 2019 Apple has long performed like clockwork, growing steadily and producing an ever-growing stream of profit. Not anymore. On Tuesday, the Silicon Valley behemoth said that its net income had fallen nearly 13 percent and that its revenue growth had slowed to 1 percent in the latest quarter, with iPhone sales continuing to decline and gains in the company’s services business failing to make up the difference. The latest financial results showed persistent signs of weakness for what has been one of the world’s financial standouts. Apple built its enormous business on the back of the iPhone, but sales of the device have slipped for three straight quarters amid a saturated market for … [Read more...] about Apple Reports Declining Profits and Slowing Growth, Again
Apple performed a “thorough security audit” of its FaceTime service and found a bug related to moving photos. A major FaceTime flaw discovered last week gave anyone with FaceTime the ability to listen in on other people’s iPhones. Congress is asking questions about when Apple knew about the bug and what it did about it. “In addition to addressing the bug that was reported, our team conducted a thorough security audit of the FaceTime service and made additional updates to both the FaceTime app and server to improve security,” Apple said in a statement. The latest software update for iPhones and iPads re-enables Apple’s Group FaceTime service. The group video-calling feature was turned off last week after a flaw was discovered that could enable a bad actor to listen in on other people’s iPhones before they picked up the FaceTime call.The software update released on Thursday fixes that. But that’s not the only flaw that Apple fixed in … [Read more...] about Apple ran a ‘thorough security audit’ on FaceTime after the catastrophic eavesdropping bug, and found a second flaw
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | iPhone FaceTime Bug That Allows Spying Was Flagged to Apple Over a Week Ago Supported by ByNicole Perlroth Jan. 29, 2019 SAN FRANCISCO — On Jan. 19, Grant Thompson, a 14-year-old in Arizona, made an unexpected discovery: Using FaceTime, Apple’s video chatting software, he could eavesdrop on his friend’s phone before his friend had even answered the call. His mother, Michele Thompson, sent a video of the hack to Apple the next day, warning them of a “major security flaw” that exposed millions of iPhone users to eavesdropping. When she didn’t hear from Apple Support, she exhausted every other avenue she could, including emailing and faxing Apple’s security team, and posting to Twitter and Facebook. On Friday, Apple’s product security team encouraged … [Read more...] about iPhone FaceTime Bug That Allows Spying Was Flagged to Apple Over a Week Ago
Jan 28, 11:39 AM EST Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Technology By Alex Perry 01/28/19 AT 11:28 AM Mobile gaming has become one of the most financially important parts of the video game industry, but Apple has yet to fully embrace games as a company. That could change in the near future, as Cheddar reported on Monday that the iPhone maker is planning a subscription service that could act like Netflix, but for mobile games.The most pertinent details, like subscription price and the kinds of titles Apple would offer, are still up in the air, according to Cheddar’s report. The company has reportedly been talking to video game publishers since at least the back half of 2018 about the potential subscription service.Apple could even publish some games, per Cheddar. That would be a sharp pivot from a company that has, up until now, been somewhat hands-off with an industry that has flourished on its mobile platform. Apple … [Read more...] about Apple Planning A Netflix-Like Subscription Service For Video Games