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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: dvdw© who wrote (145051)12/29/2018 9:51:13 PM
From: TobagoJack  Respond to of 217548
 
bullish

<<expects to record a bullish 21 per cent jump in revenue for 2018 to US$108.5 billion ... However, he closed his address with a cryptic sentence from an ancient Chinese poet translating into English roughly as “A thousand sails pass by the shipwreck”, indicating that new hope always overcomes past difficulties and tragedies.>>

https://www.scmp.com/tech/tech-leaders-and-founders/article/2179787/huaweis-chairman-posts-bullish-new-year-address

Huawei chairman’s bullish address cites record revenue growth

28 Dec 2018 - 6:03pm
Huawei Technologies, the world’s largest telecommunications equipment vendor, expects to record a bullish 21 per cent jump in revenue for 2018 to US$108.5 billion, despite a series of setbacks for its global 5G business as its gear comes under closer scrutiny from the US and western governments over security concerns.

Apart from the record revenue growth, in an upbeat new year address posted on his WeChat account, Huawei’s rotating chairman Guo Ping also highlighted that the company has signed a total of 26 commercial 5G contracts with leading global carriers to date, including the delivery of 10,000 5G base stations, and record smartphone shipments for 2018 in excess of 200 million units.

In a reference to the Roman philosopher Marcus Tullius Cicero, Guo opened his new address with the quote “The greater the difficulty, the greater the glory,” before going on to describe an “extremely uneasy” 2018 for the Chinese technology giant, which has become embroiled in a wider US-China trade and technology spat.

Although Huawei has become one of the most popular consumer smartphone brands in the world, selling more phones than Apple globally, western governments have sounded the alarm over Huawei’s core telecommunications business, due to US-led concerns that its equipment contains flaws and “back doors” that enable spying by the Chinese government.

Huawei has denied links with the Chinese military and that its network gear poses a security threat, saying it is a private company that is part-owned by its employees. Beijing meanwhile regards moves to block Huawei’s next-generation network equipment as an attempt by the west to restrain the growth of Chinese hi-tech companies.

White House said to mull executive order to bar Huawei, ZTE gear

Reuters reported on Thursday that US President Donald Trump is considering an executive order to declare a national emergency that would allow him to bar US companies from using network gear made by Huawei and ZTE Corp, China’s second-largest telecoms equipment supplier, citing three sources familiar with the situation.

This planned move follows the passage of a defence policy bill in August that barred the US government itself from using Huawei and ZTE equipment.

Last month, New Zealand barred China’s Huawei on national-security grounds from supplying equipment for next-generation mobile networks and in August, Australia banned Huawei from supplying 5G equipment, citing a security threat to its infrastructure.

Canadian officials are facing mounting pressure to ban Huawei equipment from next-generation wireless networks over security concerns, the Ottawa Citizen reported last week and the UK’s defence secretary Gavin Williamson has said he has ‘grave, very deep concerns’ about using equipment from Huawei in Britain’s 5G infrastructure, according to a Times report.

Referring to the company’s financial performance, Guo said the “operating results are the most genuine recognition of our customers around the world and the most powerful response to questioning and exclusion.” Guo went on to thank Huawei’s customers, partners and the community for their trust and support, in his new year address.

Huawei on target to ship record 200 million smartphones in 2018

“No matter how the situation changes, our procurement policy for suppliers will not change, especially for US suppliers, as (we will) unswervingly cooperate for a win-win situation,” Guo said.

Guo did not directly mention the recent arrest in Canada of chief financial officer Meng Wanzhou at the request of the US, who have accused her of fraudulently representing Huawei to get around US sanctions on Iran.

However, he closed his address with a cryptic sentence from an ancient Chinese poet translating into English roughly as “A thousand sails pass by the shipwreck”, indicating that new hope always overcomes past difficulties and tragedies.



To: dvdw© who wrote (145051)12/29/2018 10:01:57 PM
From: TobagoJack  Respond to of 217548
 
question ... is there any technical reason that all the accounts of a bank cannot be zero-ed by hackers ... not looking to pilfer money, but just wishing to cause a problem?

maybe 2019 shall reveal the answer

zerohedge.com

Foreign Hackers "Cripple" US Newspapers, Cause Widespread Delivery Disruptions

Foreign hackers infiltrated computer systems shared by several major US newspapers, "crippling" newspaper production and delivery systems across the country on Saturday, according to the Los Angeles Times, citing a source with knowledge of the situation.

[url=][/url]LA Times Olympic printing plant (Photo: doobybrain.com)The attacks, which began alte Thursday night, appear "to have originated from outside the United States," according to the Times, and resulted in distribution delays in the Saturday edition of The Times, the San Diego Union-Tribune, the Chicago Tribune, Baltimore Sun and several other major newspapers which share the same production platform.

West coast editions of the Wall Street Journal and New York Times were also affected, as they are all printed at the LA Times' Olympic printing plant in downtown Los Angeles.

The hackers were able to disable several crucial software systems which store news stories, photographs and administrative information - which complicated efforts to make the physical plates used to print the papers at The Times' downtown plant.

"We believe the intention of the attack was to disable infrastructure, more specifically servers, as opposed to looking to steal information," according to the source who wishes to remain anonymous.

All papers within The Times’ former parent company, Tribune Publishing, experienced glitches with the production of papers. Tribune Publishing sold The Times and the San Diego Union-Tribune to Los Angeles businessman Dr. Patrick Soon-Shiong in June, but the companies continue to share various systems, including software.

Every market across the company was impacted,” said Marisa Kollias, spokeswoman for Tribune Publishing. She declined to provide specifics on the disruptions, but the company properties include the Chicago Tribune, Baltimore Sun, Annapolis Capital-Gazette, Hartford Courant, New York Daily News, Orlando Sentinel and Fort Lauderdale Sun-Sentinel.

Tribune Publishing said in a statement Saturday that “the personal data of our subscribers, online users, and advertising clients has not been compromised. We apologize for any inconvenience and thank our readers and advertising partners for their patience as we investigate the situation. News and all of our regular features are available online.” - LA Times

"We are trying to do work-arounds so we can get pages out. It’s all in production. We need the plates to start the presses. That’s the bottleneck," said Director of Distribution, Joe Robidoux.

The problem was first detected Friday, however technology teams were unable to completely fix all systems before press time. It is unknown whether the company has contacted law enforcement regarding the incident.

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South Florida readers of the Sun-Sentinel were told that it had been "crippled this weekend by a computer virus that shut down production and hampered phone lines," according to its website. The New York Times and Palm Beach Post readers in South Florida also failed to receive their Saturday papers since they use the Sun-Sentinel's printing facility.

"Usually when someone tries to disrupt a significant digital resource like a newspaper, you’re looking at an experienced and sophisticated hacker," said Pam Dixon, executive director of nonprofit public interest research group the World Privacy Forum.

Dixon added that malware has become more sophisticated and coordinated over time, involving more planning by hacking networks who work together to infiltrate a system over time.

"Modern malware is all about the long game," she said. "It’s serious attacks, not small stuff anymore. When people think of malware, the impression may be, ‘It’s a little program that runs on my computer,’" added Dixon.

With modern hacking, "malware can root into the deepest systems and disrupt very significant aspects of those systems."