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Tag: apps

Apple 'pulls gambling apps from China App Store'

Apple 'pulls gambling apps from China App Store'

Technology
Apple has removed thousands of gambling apps from its China app store, according to reports.The tech giant would not confirm reports suggesting it had pulled 25,000 apps, but in a statement the firm said "gambling apps are illegal and not allowed on the App Store in China".The cull follows criticism from state broadcaster CCTV for not doing enough to filter out banned material.Apple currently offers more than 1.8 million apps in China.The removal of the gambling apps has been widely reported, but originated from CCTV which claimed that Apple had carried out a "large-scale removal of illegal apps that sold fake lottery tickets and offered gambling services".In its statement, Apple said: "We have already removed many apps and developers for trying to distri...
Hackers 'can steal money' from insecure stock apps

Hackers 'can steal money' from insecure stock apps

Technology
Security vulnerabilities in stock trading apps could allow hackers to steal money, researchers have warned. After testing 16 desktop applications, 30 websites, and 34 mobile apps, "major vulnerabilities" were identified which could give criminals opportunities to conduct financial espionage or take funds.Alejandro Hernandez, from the cyber security company IOActive, found that hackers could "access a user's personal banking information through desktop and web applications" as well as "steal money and gain insights into net worth and investment strategies".The warning, issued at hacking conference Black Hat, follows initial research which was published by Mr Hernandez.He said: "It's deeply concerning that some of the same vulnerabilities have still not been fixed."Major trad...
Facebook sees teen usage sharply decline, as rival apps gain in key demo: Report

Facebook sees teen usage sharply decline, as rival apps gain in key demo: Report

Technology
Facebook, the behemoth social media platform that has faced a raft of challenges in the past year, got more worrisome news yesterday: a new report showing its usage among teenagers sharply declining. A new survey from Pew Research Center says 51 percent of teenagers aged 13 to 17 reported using Facebook -- a 20 percentage-point drop from the center’s previous 2014-2015 survey. The decline reflects teens shifting to other apps and platforms, with YouTube, Instagram and Snapchat all overtaking Facebook in the coveted demographic. Eighty-five percent of teens reported using YouTube in the new report, while 72 percent and 69 percent said they used Instagram and Snapchat respectively. Facebook, formerly the most popular of the platforms in the survey, fell to fourth. Those numbers re...
Are ride tracking apps helping bike thieves?

Are ride tracking apps helping bike thieves?

Technology
Police and cybersecurity firms are warning cyclists to be careful with the data they share on ride-tracking apps because they could be helping bike thieves.Peter Murtagh, from Dublin, is a keen triathlete - but recently had his top of the range racing and road bikes stolen in a daring, daylight raid on his house."I came downstairs and noticed one of my bikes, it was gone. That was in the front of the house," Mr Murtagh told Sky News."Little did I know, the thieves were still in the house, they'd got in with a crowbar, they broke three windows and they stole my second bike too."Mr Murtagh cannot prove it, but thinks he might know why the thieves knew exactly where to look.He had been using an app that logs cycling data, called Strava, to track his cycling speeds and compete against other us...
Drones, solar and apps: It's not your father's sector rotation anymore

Drones, solar and apps: It's not your father's sector rotation anymore

Finance
Many individual investors fail to manage their equity portfolios with an awareness of "sector rotation" — ups and downs in different sectors' performance, stemming from changing economic conditions and inevitable shifts in market favor.Historically, determining which sectors were likely to do well at a given time was basically a function of the economy. Different sectors tended to perform well at different points in the economic growth cycle, from recession to expansion and then back down again, affected variously by such factors as commodity prices, the broad state of corporate earnings, interest-rate shifts and consumer confidence.Some of this wisdom may still apply, but things are much different now, especially regarding consumer sectors. As relentless technological advances change cons