Huawei Technologies Co. Ltd. is kicking off a three- to five-year overhaul to create an “iron army” that can help it survive its U.S. technology ban. The strategy was detailed in an internal memo written by Huawei Chief Executive Officer Ren Zhengfei, who warned that U.S. sanctions threaten the company’s smartphone business, according to a report today by Bloomberg. ...

Ransomware has long been a bane of computer networks, but a new report has demonstrated how ransomware can be used to target digital single-lens reflex cameras. Demonstrated by a security researcher from Check Point Software Technologies Ltd., the technique involves exploiting a vulnerability in the picture transfer protocol used in a Canon EOS 80D digital camera. ...

Automattic Inc., the company behind WordPress.com, today acquired troubled old-school blogging site Tumblr from owner Verizon Communications Inc. months after it was rumored to be on the market. Officially the terms of the deal were not disclosed, but the Wall Street Journal described the acquisition price as “nominal.” Tumblr had previously been acquired for $1.1 billion by Yahoo ...

Apple Inc. users be warned: Hacked Lightning cables can be used to enable remote access to your computers and phones. The warning comes via a developer who goes by the name of MG who offered what he called OM.G Cables, Lightning cables with the hardware hack included at the DEF CON conference Las Vegas over the ...

Security researchers have uncovered serious vulnerabilities in more than 40 drivers from 20 hardware vendors that could easily be exploited by hackers to deploy malware. The finding, presented by researchers from Eclypsium Inc. at the DEF CON conference in Las Vegas over the weekend involves a Who’s Who of hardware makers and BIOS providers, including ...

Customer data from insurance and financial services group State Farm Mutual Automobile Insurance Co. has been stolen in a hack that used credential-stuffing. That’s a process that uses account login details stolen in other hacks in an attempt to gain access on the presumption that many people reuse the same email and password across multiple ...

Mobile virtual reality, meant to be the next big thing only a handful of years ago, continues to die a slow death, as Samsung Electronics Co. Ltd. Thursday confirmed that its new Galaxy Note 10 and Galaxy 10 Plus will not work with its Gear VR headset. The Samsung Gear VR was launched with much fanfare ...

Updated: Uber Technologies Inc. shares were hammered in after-hours trading Thursday after the ride-hailing giant reported a loss of $5.2 billion for the quarter ending June 30, the largest loss the company has ever reported. For the second quarter ended June 30, Uber underperformed analysts’ expectations on most fronts. Revenue came in at $3.17 billion versus a ...

Suspected Iranian state-sponsored hackers have infiltrated critical infrastructure in Bahrain as tensions continue to rise in the Persian Gulf. The Wall Street Journal, citing people familiar with the hacking, reported Wednesday that the hacks were above the normal level of Iranian activity in the region. Hackers from the country have been linked to multiple attacks in ...

Lyft Inc. beat Wall Street earnings predictions for the second quarter, but increasing losses at the ride-hailing firm also left investors less than enthusiastic about the company’s prospects. In the second quarter, Lyft reported revenue of $867.3 million, up 72% from $504.9 million in the same quarter of last year. Lyft had previously predicted total ...