Huawei sales up, but growth slows under virus, US pressure

BEIJING (AP) — Chinese tech giant Huawei, one of the biggest makers of smartphones and switching equipment, said Friday its revenue rose 9.9% in the first nine months of this year, but growth decelerated in the face of U.S. sanctions and the coronavirus pandemic.

Huawei Technologies Ltd., gave no sales figure for the most recent quarter ending in September, but growth for the first three quarters was down from the 13.1% reported for the first half of the year.

Huawei is struggling with U.S. sanctions that cut off its access to most American technology and components in a feud with Beijing over technology and security. The White House says Huawei is a threat and might facilitate Chinese spying, which the company denies.


Washington also is tightening curbs on access to U.S. markets or technology for other Chinese tech companies including telecom equipment maker ZTE Corp., video service TikTok and messaging

Read More

European stocks fall as German consumer morale weakens, virus cases spike

(Reuters) – European stocks hit their lowest level in almost a month on Thursday, as a fall in German consumer morale, worries about soaring coronavirus cases in the continent and a U.S. stimulus impasse weighed on sentiment.

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 19, 2020. REUTERS/Staff

The German DAX .GDAXI fell 0.9% and lagged its European peers, as a survey showed consumer morale in Europe’s largest economy dropped heading into November.

The pan-European STOXX 600 .STOXX was down 0.7%, after falling as much as 1.2% to hit its lowest since Sept. 25.

COVID-19 cases have climbed in Europe, with Spain becoming the first Western European nation to exceed 1 million infections and Italy setting a record increase in daily cases.

The number of confirmed cases in Germany jumped by more than 10,000 in a single day for

Read More

Computer virus knocks STM’s website offline

Montreal’s public transit agency warns a computer virus had led to a major outage on its platforms, including its website.



a group of people looking at a screen: The major outage has forced the STM's website offline, but the transit agency says its Metro services are running.


© Graham Hughes/The Canadian Press
The major outage has forced the STM’s website offline, but the transit agency says its Metro services are running.

The Société de transport de Montréal (STM) says the incident occurred Monday and continues to impact paratransit services for commuters with reduced mobility on Tuesday.

Loading...

Load Error

As a result, the organization says it will only honour trips for medical reasons and will not make any reservation or changes to trips.

READ MORE: Service resumes on Montreal Metro’s green line after gas leak forced partial shutdown

“Our operations teams have been working tirelessly since yesterday, and by all means available, to ensure the delivery of the planned service,” the transit authority said in a statement on Tuesday.

The STM says bus and Metro service are not

Read More

Audit faults Iowa’s move to spend virus aid on $21M software

IOWA CITY, Iowa (AP) — Iowa’s auditor warned Monday that the governor’s decision to spend $21 million in federal pandemic relief funds on a new executive branch software system would not be allowed and should be abandoned.

State Auditor Rob Sand said that using the federal money to pay for Workday, a cloud-based program for the executive branch’s human resources and finances, is an inappropriate use under the law. He said that if the money isn’t redeployed for a different purpose, Iowa taxpayers could be on the hook to repay the federal government $21 million later on.

Sand, a Democrat, said his conclusion was shared by the Treasury Department’s Office of Inspector General, which is responsible for overseeing the appropriate use of federal funds.

He noted that the administration of Republican Gov. Kim Reynolds signed a five-year, $20 million software contract with Workday in 2019, long before the coronavirus pandemic

Read More

Anti Virus Protection Systems Evolve Itself In Governing The Computer Systems

In the recent times, the internet access has turned up quite vulnerable when it comes to the information access by most of the users across the landscape and in this particular momentum,

The anti-virus protection systems turns up as a savvier from the malicious setbacks which are bound to happen if ignored.

The viruses have got the ability to proliferate the computer systems which are connected to the internet and in general these viruses get into the systems when some of the programs accessed by the user are downloaded either through the internet browsing or through the email attachment download.

These viruses have thereby turned up malignant that even the most tech-savvy users with all sorts of protection protocols become the victim of the virus setbacks.

Nature of the viruses

Viruses in general are the software programs specifically designed by a hacker which aims to cause havocs to the computer … Read More

Virus Protection Software for PC – An Overview of Computer Protection Programs

Creators of malware and viruses are always trying to come up with new ways to gain access to others’ PCs and internet enabled devices. They do whatever they can do to get money from victims, whether it’s hacking into their checking account, stealing their credit card info, stealing their identities, ransomware, etc. This is why you need virus protection software for PC that offers comprehensive protection against all types of threats.

The best security programs are able to keep up with all of the new and rising threats. It’s a race of sorts, so it’s in your best interest to purchase a software solution that includes daily, automatic updates. It should be able to keep up with all of the latest definitions of ransomware, phishing scams, and all types of malware and dangerous files.

Opt for software that is powered by a global 24/7 threat monitoring network. Cyber criminals never, … Read More