Posts with «author_name|mariella moon» label

Samsung posts a 23 percent profit decline due to weak demand

Samsung has reported a record consolidated revenue of 76.78 trillion Korean won (US$54 billion) for the third quarter of 2022, but it has also posted a decline in profit from the previous quarter and year-over-year. The tech giant's operating profit (KRW 10.85 trillion or US$7.6 billion) has declined 23 percent from the second quarter and around 31.4 percent from the same period last year. Samsung's operating profit from July to September 2021 was KRW 15.82 trillion, which was 26 percent higher than the quarter prior to that. In its earnings report, the company said its various divisions have been grappling with weak demand in the midst of global economic instability. 

Weak demand for consumer products and customers' inventory adjustments caused its Memory business' earnings to shrink. Its LSI business' earnings fell due to weak demand for phones and TVs, as well, though revenue from SoCs grew due to an increased portion of 5G. Samsung's Visual Display Business was also affected by low demand and increased costs.

Samsung's Mobile eXperience (MX) business was its bright spot last quarter. Together with the company's Networks business, it posted KRW 32.21 trillion (US$22.6 billion) in consolidated revenue and KRW 3.24 trillion (US$2.27 billion) in operating profit, which are both higher than the previous quarter's. The company attributes the MX business' success to sales of the Galaxy Z Fold 4 and Z Flip 4, both of which showed stronger growth than their predecessors. Further, the Galaxy S22 series was able to maintain "solid sales momentum." 

The tech giant expects its mobile business to perform even better in the fourth quarter as demand for smartphones and wearables increases due to year-end seasonality. And since the smartphone and wearable markets are expected to grow as a whole next year, Samsung's mobile business might continue bringing in solid profits. Another division that did well in the third quarter is the tech giant's Foundry business, which delivered record earnings (KRW 23.02 trillion or US$16 billion in consolidated revenue and KRW 5.12 trillion or US$3.6 billion in operating profit) thanks to solid demand from global customers.

On the same day that it released its third quarter earnings, Samsung has also formally named Jay Y. Lee as its executive chairman. It's mostly a symbolic move, seeing as Lee is the company's de-facto leader anyway. But as Bloomberg notes, the title could help make things smoother for Lee as he closes deals with other companies around the world in an effort to expand Samsung's semiconductor and biotechnology businesses. Lee, who was sentenced to five years in prison in 2017 after being found guilty of bribing public officials, received a presidential pardon in August so he could help South Korea overcome the economic crisis. 

SpaceX's costlier Starlink internet service for RVs works on moving vehicles

The Starlink service for RVs gives you a way to stay connected online even while you're off the grid, but it comes with one big limitation: It can't be used while in motion. Now, SpaceX has launched a new variant of Starlink for RVs called "Flat High Performance" that you can use on moving vehicles. You just have to be willing to pay almost five times as much for the dish needed to be able to access the service. 

The Flat High Performance Starlink for RVs was designed for in-motion use, with a bigger rectangular terminal that can see 35 percent more sky than its standard counterpart. It also has enhanced GPS capabilities, giving the dish the power to connect to more satellites, which enables connection to the Starlink internet even while a vehicle is on the move. The terminal features improved weather resistance and better performance in both hot weather and snow, as well. Unlike the standard version that can be placed on the ground, though, the Flat High Performance dish must be permanently installed on top of your RV.

SpaceX is already taking pre-orders for Flat High Performance in select markets and will start deliveries in December. Take note that its hardware kit, which includes its dish and mount, will set you back $2,500. The standard Starlink for RVs only requires an upfront payment of $599 for its kit. The service itself costs $135 a month just like the standard version, which is $25 more than a regular Starlink connection. You can pause (and un-pause) the service anytime, though, so you won't have to pay for those months when you don't use it. 

Enjoy high-speed, low-latency internet while on the move! Now accepting orders for the flat high-performance Starlink, which provides connectivity while in motion on land → https://t.co/tWDPs3JDWKpic.twitter.com/z2HNxaizdW

— SpaceX (@SpaceX) October 25, 2022

Nintendo's retro controllers now work on iPhone, iPad, Apple TV and Mac

At WWDC 2022 earlier this year, Apple announced a bunch of gaming improvements rolling out with iOS 16, including support for Nintendo's Joy-Con and Pro controllers. Now, you'll also be able to use Nintendo's modernized retro gamepads with your iPhones, iPads, Mac computers and even Apple TVs. Developer Steven Troughton-Smith has discovered that iOS 16.1 and tvOS 16.1 supports Nintendo's SNES-style Switch controllers, a modern version of their classic counterparts with wireless connection and a USB-C port for charging. 

In his tweet with a video demonstrating the capability, Troughton-Smith said he believes that the Apple platforms now support the N64 and NES controllers for the Switch, as well. MacStories ran its own tests and confirmed that the SNES-style controllers also work with the iPad OS 16.1 and macOS Ventura. In addition, the publication was able to use the modern N64 controller with Apple's devices. The gamepads show up in Bluetooth settings when they're pairing mode like any other device. 

Neat, iOS/tvOS 16.1 support the official BT/USB-C Super Nintendo controller for the Switch 😄 I don’t have the N64 or NES versions to test with, but I believe they are supported now too 🎮 pic.twitter.com/mfkTIHpXun

— Steve Troughton-Smith (@stroughtonsmith) October 24, 2022

The Apple App Store doesn't support video game emulators, so you'll still have to fire up your Switch to play your games for the console and its subscription service. But as AppleInsider notes, you can use these gamepads for the Apple Arcade and other supported titles in the App Store. 

iPhones will get USB-C charging to comply with EU law, Apple SVP confirms

When the European Parliament voted in favor of making USB-C the common charging standard in the region, it was pretty obvious which company was going to be the most affected by the mandate. Apple, of course. While the tech giant already has iPad models with USB-C ports, its iPhones still require a lightning connector. Now, in an interview at Wall Street Journal'sTech Live event, Apple's SVP of worldwide marketing Greg Joswiak has confirmed that the tech giant will be transitioning to USB-C connectors to comply with the EU's regulation. 

"Obviously, we’ll have to comply." Joswiak responded when asked by WSJ's Senior Personal Technology Columnist, Joanna Stern, whether Apple is moving to USB-C. But not before talking about the company's history with regulation compliance, such as making its phones compatible with hearing aids and how it had to come up with its own solution because existing technology at the time didn't work. 

Joswiak also talked about how the EU has been pushing for the adoption of micro-USB 10 years ago. Since part of the EU's concern was that people had to have several adapters with different connectors, Apple made cables detachable so that people can easily switch them out. The executive said the move allowed over a billion people to continue using their lightning cables instead of throwing them out and giving rise to a "bunch of e-waste."

"We have no choice as we do around the world but to comply to local laws," Joswiak said. However, he didn't say whether Apple is only making a different variant for the European market while continuing to sell phones with lightning connectors elsewhere. He also that Apple thinks the approach would have been better environmentally and better for its customers to "not have a government be that prescriptive." 

Apple also previously cited environmental concerns for not selling power adapters with new devices. The tech giant said that doing so will save 861,000 tons of metal and will also save fuel, since more iPhones can fit in shipping containers. Not everyone was convinced with the company's explanation, though, and Apple has gotten fined several times in Brazil for removing adapters from iPhone packages. 

Under the new EU mandate, Apple will have to ship iPhones and iPads with USB-C ports in the region by the end of 2024.

WhatsApp is down for users worldwide

If you've been trying to send messages via WhatsApp and they're not going through, you're not alone. The messaging app has been down for many users around the world for at least 30 minutes. Based on information from Downdetector — and from Engadget editors' reports — the service isn't working in several countries, including the US, the UK, Canada, India and the Philippines. WhatsApp users either can't connect to the service at all or their messages get stuck with the loading wheel and aren't being delivered. Instagram and Facebook appear to be fine and unaffected.

Developing...

FTC seeks to penalize Drizly and its CEO over a breach that exposed 2.5 million users' data

The Federal Trade Commission wants to limit the amount of personal information Drizly can collect as part of the enforcement actions it's proposing against the marketplace and its CEO. According to the FTC, the alcohol delivery service that Uber had purchased in 2021 and its chief executive, James Cory Rellas, were alerted to security issues way back in 2018. The commission has found that they had failed to adequately protect their users' information, which enabled a data breach in 2020 that exposed the data of 2.5 million users.

Based on the FTC's original complaint, a Drizly employee posted the company's logins for its Amazon Web Services (AWS) cloud account on GitHub in 2018. Drizly stores users' details, such as their emails, postal addresses, phone numbers, and even their unique device identifies, geolocation info and any other data purchased from third parties that can be linked back to them on AWS. Hackers were able to use those logins to infiltrate Drizly's servers and use them to mine cryptocurrency. 

While Drizly took back control by changing its login information, the FTC says it failed to implement "reasonable safeguards" to protect its users and to address its security issues despite publicly claiming that it had done so. In 2020, a hacker was able to get into an employee's account and access the company's GitHub. They then hacked into Drizly's database and stole the personal information of 2.5 million customers, which had since been offered for sale on at least two different websites on the dark web.

The FTC says those events were made possible by Drizly's poor security practices, such as not requiring employees to use two-factor for GitHub, where it stored login information. Drizly also didn't limit workers' access to users' personal data, the FTC adds, and had no senior executive overseeing its security practices. 

Under the FTC's proposed orders, Drizly will have to destroy any personal data it previously collected that's not necessary to be able to provide its services. It will also have to refrain from collecting unnecessary data in the future and will have to publicly divulge the information it requires from users on its website. In addition, it will have to implement a comprehensive security program and appoint an executive to oversee its operations. 

The commission has also issued orders that personally apply to Rellas due to the role he played in presiding over Drizly's lax security practices. If Rellas decides to leave the alcohol deliver service, he will still be required to implement an information security program at future companies where he takes on the role of a CEO, majority owner or senior executive involved in security. As The Washington Post notes, the FTC rarely singled out executives in similar security breach cases in the past, and this indicates a new approach at handling companies with inadequate security measures.

Samuel Levine, Director of the FTC’s Bureau of Consumer Protection, said in a statement:

"Our proposed order against Drizly not only restricts what the company can retain and collect going forward but also ensures the CEO faces consequences for the company’s carelessness. CEOs who take shortcuts on security should take note."

The FTC will publish these proposed orders soon, and they will be open for public comment for 30 days before the commission decides if will make them official.

1. @FTC has taken action against @Drizly (a subsidiary of @Uber) and its CEO James Cory Rellas for security failures that led to a data breach exposing the personal information of around 2.5 million consumers. https://t.co/jQCtn9DU4C

— Lina Khan (@linakhanFTC) October 24, 2022

PayPal adds passkey support in the US for easier logins and check outs

PayPal has started rolling out passkeys for users in the US, on the same day Apple is bringing the technology to its computers and tablets with macOS Ventura and iPadOS16. That means you'll be able to log into your PayPal account without having to type in your credentials, which in turn makes its quicker to check out your online shopping carts. PayPal says the option will first be available to users with iPhones, iPads and those visiting its website on Macs, but it will expand to additional platforms as they add support for the technology. Google released initial passkey support for Android and Chrome earlier this month and will launch the stable version, as well as an API for native Android apps, later this year. PayPal will also make passkeys available in other countries starting in early 2023.

Passkeys use your biometrics to log into your accounts, but it's different from using your face or or fingerprints to auto-populate username and password boxes. With passkeys, you become the login. When you activate the option for an app, it creates a cryptographic key pair associated with your account. One of those keys is public, and that's what apps and services save to confirm your identity. The other key is private and is only stored on your devices, so hackers can't steal them if they ever get into the servers of apps you use. Apps and websites that support passkey then match the public key they have with your private key to make sure that it's you who's logging in. 

You can switch the feature on by logging into your account with a browser on desktop or mobile — the old way, with your user ID and password — and then choosing "Create a passkey." After you authenticate using Apple Face ID or Touch ID, your passkey will be automatically generated. And since passkeys are synced with iCloud Keychain, you only need to do that once. If you're logging into your account on another device that doesn't have passkey yet, you'll have the option to generate a QR code after entering your user ID. You can then scan that QR code with an iPhone that does support passkey to be able to log in.

A hacker who stole and sold Ed Sheeran songs for crypto gets prison time

Adrian Kwiatkowski, a hacker from Ipswich in England who stole two unreleased songs by Ed Sheeran, has been sentenced to 18 months in prison, according to the BBC. Kwiatkowski sold Sheeran's tracks, along with 12 other songs by American rapper Lil Uzi Vert, for cryptocurrency worth £131,000 (US$148,000) on the dark web. UK prosecutors said Kwiatkowski got his hands on the unreleased tracks by hacking into their cloud-based accounts. They didn't specify which cloud services those were, but he stole from a lot more artists, because authorities found 1,263 unreleased songs in his possession. 

American authorities launched an investigation back in 2019 after several musicians reported to the New York District Attorney's office that someone using the name Spirdark had hacked their accounts and was selling their content online. Investigators eventually linked Kwiatkowski to the email address Spirdark used with the cryptocurrency account involved in the case. Further, his UK address was linked to an IP address that was found in relation to one of the hacked devices. 

When he was arrested, London police found seven devices that contained 1,263 unreleased songs by 89 different artists. Authorities found more incriminating files in his hard drive, including a document where he detailed the method he used to hack into the victims' accounts. They also found his Bitcoins, which he admitted to receiving in return for the songs. In all, he pled guilty to 19 charges that included copyright infringement and possessing criminal property, enough to put him away for a year-and-a-half.

The 2021 Apple TV 4K is cheaper than ever right now

Apple has just launched a new Apple TV 4K that's powered by an A15 chip, but it won't start shipping until November 4th. If you absolutely must get Apple's digital player right now, though, you may want to check out Amazon. The 32GB version of the 2021 model is currently on sale for $100, which is the lowest we've seen it go for on the website. That's 44 percent or $79 less than its original price. The 2021 Apple TV 4K is powered by the tech giant's A12 Bionic chip and supports Dolby Vision HDR imaging technology. 

Buy 2021 Apple TV 4K (32GB) at Amazon - $100

It also comes with a Siri Remote that has a touch-enabled clickpad, so you can issue voice commands while watching, such as "Pause this" or "Turn on closed captioning." The device can pair with up to two sets of AirPods for private listening, and it can display photos and videos from your other Apple devices via AirPlay. Plus, it can show you a live view of your HomeKit-enabled cameras, as well as let you control your smart home accessories. If you need a bigger storage space, the 64GB version is also on sale for 40 percent off at $120. 

However, that's just a bit lower than the 2022 Apple TV 4K, which you can pre-order right now. The 64GB WiFi-only version will set you back $130, while the 128GB version with WiFi and an Ethernet port will cost you $150.

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Two 'Mario Party' games are coming to Nintendo's Switch Online Expansion Pack

On November 2nd, the original Mario Party game and its sequel will be available on Nintendo's Switch Online service. The games were first released in the late 90's for the N64 and feature board games with various themes that you can play together with up to four friends. Like with every board game, you roll a dice to advance. At the end of each turn, you play a mini-game — some of them are are solo games, but others make you cooperate with or play against friends. Or CPU-powered bots... in case you don't have anybody to play with. The first Mario Party has 56 different mini-games you can play, while the second one has 65, including duel mini-games that weren't available in the debut title. 

Although these two will be available on the service within a couple of weeks, Nintendo has lined up several more N64 games for addition. In 2023, the gaming giant will add Mario Party 3 to Switch Online's selection, along with Pokémon Stadium and Pokémon Stadium 2, which are strategy games that don't have storylines. Since all the titles we've mentioned so far were originally released for N64, that means you'll need a Switch Online + Expansion Pack subscription to be able to access them. The tier will set you back $50 for an individual membership. That's just a bit more than $4 a month, which is also what the basic subscription costs, except you'll have to pay for a year-long membership at once. 

Party like it’s the year 1999 (and 2000)! Hit some Dice Blocks and become a Super Star in #MarioParty and Mario Party 2, coming to #NintendoSwitch for #NintendoSwitchOnline + Expansion Pack members on 11/2! #Nintendo64pic.twitter.com/gkoPmAPFUk

— Nintendo of America (@NintendoAmerica) October 21, 2022