Huawei Technologies Co. Ltd. today reported that its profit rose in 2019, but the smartphone maker said its growth rate came in lower than in previous years amid trade bans from the U.S. For the calendar year 2019, Huawei booked revenue of RMB 858.8 billion ($123 billion), a 19% rise over the year before. Net profit ...

Videoconference service Houseparty has offered a $1 million bounty to anyone who can provide details of what it says is a smear campaign claiming it has been hacked. In one of the more strange alleged hacking stories during the COVID-19 pandemic, reports started appearing in the U.K. on Monday claiming that the service had been hacked. Some ...

Airbnb Inc. has finally stepped up to the plate, offering financial support to hosts for missed and canceled bookings. The company has set aside $250 million to pay hosts for missed stays, according to a letter sent to Airbnb providers, CNBC reported today. Airbnb will provide 25% of the fee usually collected when users cancel bookings to ...

Troubled workplace provider WeWork has sold community meeting platform provider Meetup to a consortium of investors led by AlleyCorp. The terms of the deal were not disclosed, but Fortune reported today that Meetup sold for a fraction of the $156 million that WeWork paid to acquire the company in 2017. “This acquisition provides the long-term capital to ...

Security researchers at Check Point Software Technology Ltd. said today they’ve observed a sharp rise in the number of fake “Zoom” domains registered in the last week as more and more people switch to remote working during the global coronavirus pandemic. The researchers found 1,700 new domain names containing the word “Zoom” since January with 25% ...

Ryuk ransomware is continuing to target hospitals and other medical providers during the global coronavirus pandemic despite some cybercriminals encouraging others to refrain from doing so. According to data released March 26 by Bleeping Computer, Ryuk in the last month has targeted 10 health organizations, including two independent hospitals and another healthcare provider with a ...

Google Classroom, a service that offers online learning tools via the web and an app, surged in popularity in March as schools and universities have closed in reponse to the coronavirus pandemic. The service, which launched in 2014 followed by the app in 2015, combines Google Drive, Google Docs, Sheets and Slides along with Gmail and ...

U.S. authorities are using mobile advertising location data from millions of cellphones to get a better understanding of the movement of Americans during the coronavirus pandemic, according to sources quoted by The Wall Street Journal. The data is being analyzed by the Centers for Disease Control as well as state and local governments. The goal of using ...

A security vulnerability in iOS 13.3.1 and later versions of Apple Inc.’s mobile operating system has been found that prevent virtual private networks from encrypting all traffic, potentially exposing user location data. Discovered by a user of ProtonVPN and detailed Wednesday by security researchers at Proton Technologies AG, the vulnerability relates to iOS not closing existing ...

Blockchain startup Block.one today announced it has invested $150 million into its blockchain-powered social media network Voice. Launched in 2019, Voice was pitched as a blockchain-based social media application designed with users of the platform in mind. Said to be a “more transparent social media platform for the world,” the service is currently available only in the U.S. ...