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Day: February 7, 2019

Huawei: Tackling Security Concerns May Take Five Years

It will take three to five years for Huawei to address security issues raised by the UK government, the company has said. The Chinese firm, which has earmarked $2bn (£1.5bn) for the process, outlined the timetable in a letter to MPs. Huawei, the world’s biggest producer of telecoms equipment, faces allegations that its equipment could […]

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Hotel Booking Sites to End ‘Misleading’ Sales

Expedia, Booking.com, Agoda, Hotels.com, ebookers and trivago have been investigated over high-pressure selling tactics and misleading discount claims, the competition watchdog says. The Competition and Markets Authority (CMA) was concerned the sites were making rooms seem more popular than they were. The sites will now say if commissions they receive affect the results. They also […]

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Match Profit Forecast Misses as Tinder Marketing Costs Rise

Dating services provider Match Group Inc forecast first-quarter revenue and profit below Wall Street estimates on Wednesday, hurt by higher marketing expenses at its Tinder, Hinge and other apps. Online dating market is expected to grow to $12 billion by 2020, according to Nomura analysts, and Match has been investing heavily to grab a bigger […]

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Tesla Cuts Model 3 Price for Second Time This Year

Tesla Inc said on Wednesday it was lowering the price of its Model 3 sedan for the second time this year, moves that come in the wake of Tesla losing a tax credit that made its cars more affordable for U.S. buyers. The company is ramping up production of the Model 3 and trying to […]

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Child Abuse Images Hidden in Crypto-Currency Blockchain

Images of child sexual abuse have been found embedded in the system powering a high-profile crypto-currency. Somebody added the illegal images to the core ledger of Bitcoin Satoshi Vision (BSV) by using a payment processor. This ledger, known as the blockchain, is a running record of crypto-currency transactions, shared among users of the platform. Experts […]

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