Huawei just overtook Samsung as the world’s biggest smartphone maker

frank lamjus

Huawei smartphone shipments have for the first time overtaken Samsung’s, making the Chinese tech company the largest smartphone vendor in the world. 

According to analyst Canalys, Huawei’s milestone wouldn’t have happened right now were it not for the COVID-19 pandemic and the speed of China’s economic recovery, which has been faster than the rest of the world’s. 

At the same time, Huawei has steadily closed the gap between its shipments and Samsung’s over the past decade. And it’s managed to eclipse its South Korean rival in the face of US sanctions preventing it from shipping new Honor and Mate phones with key Google apps, such as Gmail and YouTube.

SEE: 5G smartphones: A cheat sheet (free PDF) (TechRepublic)

Huawei might not hold the lead over Samsung for long, but it’s an important symbolic milestone for the Chinese company: last April, Huawei’s mobile head, Richard Yu, reiterated a goal initially laid

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Ripple paid $15.1 million in XRP incentives to MoneyGram in Q2 2020

frank lamjus

Ripple paid its partner MoneyGram $15.1 million in XRP incentives in the second quarter of 2020.

MoneyGram revealed the figure in its Q2 earnings report published on Thursday. The Nasdaq-listed firm said Ripple paid $15.1 million, but $6.3 million was offset by related transaction and trading expenses, leaving $8.8 million as a net benefit.

MoneyGram categorizes Ripple payouts as “market development fees” and “contra expense” rather than revenue. The firm receives these incentives in XRP based on the volume it does via Ripple’s On-Demand Liquidity (ODL) platform.

The Q2 incentives are a tad lower than the previous quarter figure of $16.6 million.

MoneyGram does not hold any XRP it receives from Ripple. “We sell XRP as soon as we receive it,” a MoneyGram spokesperson told The Block earlier this year.

Ripple and MoneyGram partnered in June 2019 to leverage XRP in forex settlements as part of MoneyGram’s cross-border payment process.

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Political campaigns calling your personal phone? Election Board officials say they didn’t give out your number | Local Government

frank lamjus

Hi! My name is Zero Suit Samus (or Samus for short), and I’m an energetic pitbull mix who needs some love. And I really mean that. I need a family who will cuddle with me because your penalty for not giving me cuddles is to hear the cry of my people. My foster dad says that based on my crying, I must have descended from pterodactyls, but that’s silly because pterodactyls don’t even like peanut butter. And I looove peanut butter. And treats. And strawberries. And watermelon. And anything, really. Honestly kid, if you give me your salad, I’ll eat it. Don’t want your broccoli? I’ll take care of your problem. See that toy? It’s in my stomach now. See that puke? Well, you can have your toy back.

Like all superdogs, I have an origin story: I ran across the highway and caused a 4-car pileup that I ended

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Avast Business Launches Small Office Protection to Deliver Complete Online Security

frank lamjus

The new product provides all-in-one protection for small businesses, entrepreneurs, and home offices, which are becoming an increasing target for cybercriminals

REDWOOD CITY, Calif., July 30, 2020 /PRNewswire/ — Avast (LSE: AVST), a global leader in digital security and privacy products, today announced the launch of Avast Business Small Office Protection, a solution for small businesses that provides robust, real-time cyber protection that’s easy to install and cost-effective. Securing up to 10 business devices, the product is ideal for entrepreneurs and home offices.

Avast Business Logo (PRNewsfoto/Avast)
Avast Business Logo (PRNewsfoto/Avast)

Entrepreneurs and small business owners are increasingly aware of the risks of cyberattacks, with the U.S. Small Business Administration reporting 88 percent feeling vulnerable. However, budget, time, and IT expertise constraints often prevent them from investing in business-ready cybersecurity.

Small Office Protection by Avast Business is an all-in-one security solution for small businesses that protects all types of devices, protecting a maximum

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Maternity benefit could be increased

frank lamjus

NEW DELHI :
The Employees’ State Insurance Corporation (ESIC) has moved a proposal to increase the confinement (maternity) expenses paid to an insured woman or an insured person for his wife under its health insurance scheme to 7,500 from 5,000.

According to a draft notification issued by the Ministry of Labour and Employment, stakeholders have been given 30 days’ time for providing their feedback on the proposal to hike maternity benefit under the ESI insurance scheme after which the government would consider the feedback and take the final call.

The notification proposes to change Rule 56A of the Employees’ State Insurance (Central) Rules, 1950, substituting the words “rupees five thousand” with “rupees seven thousand five hundred”.

Under Rule 56A, an insured woman or an insured person in respect of his wife is paid 5,000 per case on account of confinement expenses.

The benefit is available in those

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Twitter knew of issues with high profile accounts, personal information for years: report

frank lamjus

Several people warned Twitter CEO Jack Dorsey about oversight of the contractors and employees who are able to override users’ security settings since 2015, Bloomberg News reported, citing former employees with knowledge of security protocols.



Jack Dorsey looking at the camera: Twitter CEO Jack Dorsey speaks during a press event


© The Hill
Twitter CEO Jack Dorsey speaks during a press event

While the concerns came to the forefront this month, after 130 high-profile users’ accounts were hacked and used to promote a cryptocurrency scam, the security flaws have existed for years, to the point that in 2017 and 2018, some contractors deliberately looked into celebrity accounts, including Beyonce’s, under the guise of help-desk inquiries.

The people behind this month’s hack reportedly reached at least one company employee by phone to gain access to security information that in turn gave them access to Twitter internal user-support tools, people familiar with the investigation told the publication.

The company last week began requiring all employees to

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Study reveals women’s experiences in maternity care based on insurance type

frank lamjus

Giving birth in the United States is a radically different experience based on race and income, illustrated most brutally by the Black and Indigenous maternal mortality crisis.

Now, a new study from the Boston University School of Public Health (BUSPH) and the National Partnership for Women & Families finds insurance type itself also plays a role in how mothers are treated, and how much agency they have in maternity decisions.

Published in the journal PLOS ONE, the first-of-its-kind study is part of Listening to Mothers in California, which examined women’s experiences giving birth in California hospitals in 2016.

The study finds that, after adjusting for demographics and health conditions, a mother on Medicaid is three times less likely than a mother on private insurance to feel she had a choice about whether she had a vaginal or cesarean birth, or an

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Former business minister Margot James joins board of doorstep lender Provident Financial

frank lamjus

Former Conservative minister Margot James has joined the board of doorstep lender Provident Financial after stepping down from Parliament last year. 

Ms James will serve as a non-executive director at the company, which hands out high interest credit cards and loans to borrowers with a poor repayment history and is widely known as ‘the Provvy’.

She served as an MP from 2010 to 2019 and held a number of government offices, including as small business minister and digital minister under Theresa May. 

The politician stoked controversy last year by saying it would be “a bad thing for the country” if the Conservatives won a majority in the general election. She said the best government she ever served in was during the Coalition, where the Liberal Democrats “acted as a very necessary break on our party’s right wing obsession with Brexit”.

The Stourbridge MP was also one of the 21 Tory

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Huawei now the world’s biggest smartphone vendor, Canalys says

frank lamjus

SHANGHAI – Huawei shipped more smartphones worldwide than any other vendor for the first time in Q2 2020. It marks the first quarter in nine years that a company other than Samsung or Apple has led the market. Huawei shipped 55.8 million devices, down 5% year on year. But second-placed Samsung shipped 53.7 million smartphones, a 30% fall against Q2 2019.


Huawei is still subject to US government restrictions, which have stifled its business outside of mainland China. Its overseas shipments fell 27% in Q2. But it has grown to dominate its domestic market, boosting its Chinese shipments by 8% in Q2, and it now sells over 70% of its smartphones in mainland China. China has emerged strongest from the coronavirus pandemic, with factories reopened, economic development continuing and tight controls on new outbreaks.


“This is a remarkable result that few people would have predicted a

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KBRA Assigns Preliminary Ratings to Mariner Finance Issuance Trust 2020-A

frank lamjus

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four classes of Mariner Finance Issuance Trust 2020-A (MFIT 2020-A), a personal loan asset-backed securities transaction.

The financial impact of COVID-19 has resulted in high unemployment, which can adversely impact the performance of the transaction and consumer loans in general. Owing to this risk, KBRA increased its base case default assumptions for the subject pool in a manner that was similar to recent portfolio reviews of the sector. A review conducted in April 2020 resulted in six ratings from two MFIT securitizations being placed on Watch Status. The Watch Status Placements were maintained in a more recent review in July 2020, at which time the ratings on the most senior class in each securitization was affirmed. For more information on the reviews see U.S. Unsecured Consumer ABS Ratings Affirms and Maintains Watch Report and U.S. Unsecured Consumer

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