Posted on Leave a comment

Japan Display inks $738M bailout deal, including reported $100M from Apple

 

Ailing LCD manufacturer Japan Display on Friday said a consortium led by China’s Harvest Group has successfully raised the requisite funds to execute an 80 billion yen (about $738 million) bailout plan, $100 million of which is thought to come from Apple.

iPhone XR

After months of negotiations, Harvest agreed to increase its investment in JDI to meet the 80 billion yet target, reports Reuters.

Harvest was reportedly willing to invest nearly $500 million to keep JDI afloat. In June, JDI confirmed the amount, adding that a single customer had agreed to a $100 million infusion as part of Harvest’s offering.

Previous reports identified Apple as the mystery JDI investor. Apple is JDI’s most important customer, with the tech giant’s iPhone LCD panel orders accounting for some 60% of JDI’s revenue for the 2018 fiscal year.

Apple was originally expected to make its investment through TPK Holding, a Taiwan-based display maker in talks to kick $230 million into the bailout pool. TPK stepped away from the deal in June.

Alongside Harvest, Hong Kong-based Oasis Management will invest between $150 million to $180 million. According to today’s report, Oasis has offered to furnish additional funds to offset potential currency fluctuations. JDI plans to formalize the bailout at a shareholders meeting in August, the report said.

JDI is a joint venture that combined the display arms of Hitachi, Sony and Toshiba in a bid to better compete with Korean powerhouses Samsung and LG Display. While the company enjoyed some early success, it erred by investing heavily in LCD production and largely ignoring a wider industry trend toward OLED panels.

Apple became intertwined with JDI after fronting a large sum to help the display maker build a $1.5 billion panel factory in 2015. JDI now finds itself in arrears and with a funding shortfall as the iPhone maker and others reduce LCD orders on a path toward OLED.

In addition to the supposed $100 million investment, Apple has agreed to slow JDI’s debt repayment timeline and potentially increase orders to stabilize the firm’s finances. Reports also suggest Apple this year awarded JDI a portion of future Apple Watch OLED panel orders as the company works to shift production away from LCD technology.

Posted on Leave a comment

Apple disables Walkie-Talkie app after notified of iPhone snooping threat

 

Apple late Wednesday said it disabled the Walkie-Talkie app on Apple Watch after being alerted to a vulnerability that allows a user to surreptitiously listen in on another iPhone’s audio.

Walkie-Talkie

In a statement issued to TechCrunch, Apple said it was made aware of the bug through its product security reporting service, which allows developers, researchers and others to flag security and privacy issues via email.

Apple did not specify how the Walkie-Talkie flaw works, but in a statement said the bug “could allow someone to listen through another customer’s iPhone without consent.” A more detailed rundown might be provided in release notes accompanying a consequent watchOS security update. Whatever the case, the vulnerability is apparently serious enough to prompt Apple to deactivate a major platform feature.

The company told TechCrunch that while the bug has not been spotted in the wild, it has decided to temporarily disable Walkie-Talkie until a fix is in place. Apple will keep the Walkie-Talkie app on user devices as a patch is developed and deployed, suggesting the vulnerability at least partially impacts server-side assets.

We were just made aware of a vulnerability related to the Walkie-Talkie app on the Apple Watch and have disabled the function as we quickly fix the issue. We apologize to our customers for the inconvenience and will restore the functionality as soon as possible. Although we are not aware of any use of the vulnerability against a customer and specific conditions and sequences of events are required to exploit it, we take the security and privacy of our customers extremely seriously. We concluded that disabling the app was the right course of action as this bug could allow someone to listen through another customer’s iPhone without consent. We apologize again for this issue and the inconvenience.

Walkie-Talkie was introduced last year as a tentpole feature of watchOS 5. A modern take on push-to-talk communication methods popularized by two-way radios — and later transformed into a cellular service option by Nextel and other handset makers — Walkie-Talkie enables Apple Watch users the ability to send ephemeral audio messages to one another through the cloud.

Apple’s decision to disable Walkie-Talkie is reminiscent of its handling of the Group FaceTime fiasco earlier this year.

In January, teenager Grant Thompson discovered a particularly insidious bug that allowed any iPhone owner to eavesdrop on another user simply by adding that person’s number to a Group FaceTime call. The vulnerability granted access to a target device’s microphone without user intervention.

As word of the FaceTime exploit spread, Apple was forced to disable the feature until a fix was rolled in an update issued about a week later.

Thompson, whose mother attempted to inform Apple of the bug multiple times a week before it went viral, was ultimately paid a bug bounty and scholarship for finding the flaw.

Apple has not provided an estimated timeline of completion for the Walkie-Talkie fix.

Posted on Leave a comment

Apple launches ‘accelerator’ program for developers in China

 

Following a similar scheme in Bangalore, Apple has begun a Design and Development Accelerator program in Shanghai, which is designed to teach and support local developers.

Developers at Apple's new Accelerator program in Shanghai

Developers at Apple’s new Accelerator program in Shanghai

Apple has begun a series of lectures, workshops and networking sessions in the Pudong District of Shanghai as part of a program designed to help and support app developers in China. Called a Design and Development Accelerator, it sees local developers working alongside Apple experts.

“Developers here in China are leading the world with some of the most popular apps on the App Store, and we are proud to be providing this additional support for them,” said Enwei Xie, Apple’s head of developer relations, Greater China, in a statement.

“From education to health to entertainment, the innovation we see here is incredible,” he continued, “and we can’t wait to see what these talented developers will come up with next.”

The program is for developers across all of Apple’s platforms, and it began on Tuesday with a workshop dedicated to augmented reality. Alongside a lecture on ARKit 3, Apple provided one-to-one consultation sessions for attendees.

Apple says that Greater China has over 2.5 million app developers, and that since the 2010 launch of the App Store in the region, local developers have earned more than $29 billion. More than $10 billion of that was earned in the last year.

To attend the program, attendees must be registered members of the Apple Development Program and have an Apple ID registered in the region. Through Apple’s Developer site, they can then book sessions.

Apple has not said whether this is a short-term program, but it follows the similar App Accelerator scheme in India. That was launched in 2017 and is still running today.

This software development program comes as Apple, and very many other technology companies, are planning to move hardware production out of China.

Posted on Leave a comment

Apple to launch three OLED iPhones with 5G alongside budget model in 2020, analyst predicts

As the 2019 iPhone rumor season heats up, JP Morgan is already looking ahead to 2020 and predicts Apple to launch three OLED handsets with speedy 5G connectivity alongside a less expensive model next fall.

iPhone XS

A research note published Monday by analyst Samik Chatterjee largely backs up previous analyst predictions and scuttlebutt out of Apple’s supply chain, but adds a new low-cost model into the mix for 2020.

As reported by CNBC, Chatterjee expects Apple to launch a trio of high-end iPhones with 5G baseband modems and 5.4-, 6.1- and 6.7-inch OLED screens. The strategy would be a departure from the current lineup, which boasts two top-tier OLED variants in iPhone XS and XS, and a cheaper LCD model in iPhone XR.

Beyond 5G and OLED, at least two of the top iPhones will adopt “world facing,” or rear-facing, time of flight (TOF) 3D sensor technology for augmented reality and virtual reality applications, the note said.

Apple has long been rumored to integrate TOF into its popular smartphone as a means to map the world around a user.

In 2017, prior to the unveiling of TrueDepth on iPhone X, a report claimed Apple was investigating a rear-facing, laser-based 3D sensor for AR applications and faster, more accurate camera autofocus operation. More recently, noted Apple analyst Ming-Chi Kuo last September said Apple was unlikely to turn to TOF in 2019, and would instead continue to rely on multi-lens cameras seen in iPhone XS and XR.

Reports of Apple’s interest in the technology resurfaced last December when Sony announced plans to start production of TOF chips this summer to meet anticipated demand from “several” smartphone makers.

Apple’s current TrueDepth camera assembly uses a single vertical-cavity surface-emitting laser (VCSEL) to project structured infrared light — a grid of dots — onto a user’s face. Deviations and distortions in the grid are measured to generate a 3D map that is applied to user authentication algorithms.

TOF systems also create depth maps, but instead of evaluating structured light, the arrays measure the time it takes pulses of light to travel to and from a target surface. The technology can operate at longer distances and produce better data than existing solutions like TrueDepth.

As for 5G, Kuo in June reported Apple plans to bake the wireless technology into two iPhone models next year — 5.4- and 6.7-inch OLED variants — while a 6.1-inch OLED model will retain LTE connectivity. Like Chatterjee, Kuo also believes the future handsets will support mmWave frequencies that promise ultra-fast transfer speeds.

JP Morgan’s report diverges from the predictions of Kuo by claiming all three OLED models will net 5G compatibility.

Finally, Chatterjee says Apple is looking to chase “a much more value’ category than it has been used to with its recent launches.” What, exactly, this means is up for debate, but the report speculates the company could launch a fourth iPhone model in the same vein as 2017’s iPhone 8, sans OLED display or 5G modem.

The upgrades should be enough to help Apple sell an estimated 195 million iPhones in 2020, Chatterjee said. As a result, JP Morgan raised its Apple stock price target $6 to $239.

Posted on Leave a comment

Bill Gates equates Steve Jobs’ talent to ‘casting spells’

 

Bill Gates has spoken of Steve Jobs’ ability to mesmerize people an interview with CNN’s Fareed Zakaria GPS show, equating Jobs’ talent to magic.

Bill Gates

According to Bloomberg, Bill Gates was impressed by Steve Jobs’ ability to take a firm that was “on a path to die” and turn it into one of the most valuable companies to date. He claimed that this was largely because Steve Jobs possessed an almost magical ability to mesmerize people.

“I was like a minor wizard because he would be casting spells, and I would see people mesmerized, but because I’m a minor wizard, the spells don’t work on me,” said Gates.

Gates also went on to discuss Jobs’ ability to innately understand what made both people and products a worthwhile investment.

“I have yet to meet any person who [could rival Jobs] in terms of picking talent, hyper-motivating that talent, and having a sense of design of, oh, this is good [or] this is not good,” Gates continued.

CNN’s segment is the latest in a series of interviews with many publications, in which Gates has spoken specifically about Apple. In one recent conversation, Gates expressed regret over not successfully competing with Apple in the mobile market.

“The greatest mistake is whatever mismanagement I engaged in that caused Microsoft not to be what Android is,” he said. “That is, Android is the standard non-Apple phone platform.”

CNN has not released the interview online yet, but has featured a prior Gates’ interview in which he discussed his thoughts on government regulation of technology firms, as well as what he would have done differently.

[youtube https://www.youtube.com/watch?v=s7O3oCWZgjE&w=560&h=315]

Posted on Leave a comment

Mozilla teases launch of Apple News+ competitor

 

Mozilla, creator of the Firefox web browser, has begun testing the waters regarding a paid news subscription service it plans to offer later this year.

Firefox gauges interest in paid news aggregation

Mozilla has started probing users to gauge interest in a paid news subscription, stating that a user can “support the sites you love, avoid the ads you hate.”

The service, currently referred to as “Firefox Ad-free Internet” would be a direct competitor to Apple News+, which launched in March of this year, wrangling in over 200,000 subscriptions in the first 48 hours.

Mozilla has partnered with Scroll, an ad-free news startup to offer this service. Scroll is still in closed beta but says it has ad-free access to websites such as Vox, Gizmodo, The Verge, and Buzzfeed.

The service would include access to audio articles, bookmarks synced across devices, news recommendations, and a news-focused app. It also claims that it will work whether a user is reading news on mobile or desktop, suggesting that it will be tethered directly to the users Firefox account, allowing the service to be used on any browser they’ve signed into.

According to the teaser page, the service will cost $4.99 a month, which would undercut Apple News+ by about $5. The page includes a link to take a survey and be offered the ability to enter into the beta.

Posted on Leave a comment

Fixed iMessage bug bricked iPhones using malformed message

 

Details of a now-patched bug in iMessage have been revealed by a Google Project Zero researcher, a problem that could have forced users to wipe and restore their iPhones to get them working again, if they received a malformed message.

Released by Google Project Zero, the search company’s bug and vulnerability-discovery team, the issue relates to a specific type of malformed message that is sent out to a victim device. As per usual disclosure rules, the bug was held from public view until either 90 days had elapsed or a patch had been made broadly available to the public, with Apple’s release in an iOS 12.3 update fixing the bug and allowing for it to be revealed.

Specifically, the message contains a property with a key value that is not a string, despite one being expected. Calling a method titled IMBalloonPluginDataSource _summaryText, the method assumes the key in question is a string, but does not verify it is the case.

The subsequent call for IMBalloonPluginDataSource replaceHandlewithContactNameInString calls for im_handleIdentifiers for the supposed string, which in turn results in a thrown exception.

While the message can affect both Mac and iPhone, they do so in different ways. For macOS, the error causes “soagent” to crash and respawn, making it a relatively brief issue where, at worst, the Messages app stops working.

On iPhone, the code is in Springboard, and will repeatedly load, crash, and reload itself to a point that the UI cannot be displayed and the iPhone ceases to respond to input by the user. As the problem survives a hard reset, and starts occurring again after unlocking the iPhone, the only known solution is to reboot into recovery mode and restore the device.

As part of the disclosure, Google Project Zero has also released instructions to reproduce the issue.

AppleInsider recommends users keep their iPhones up to date where possible, and to retain backups of their devices and stored data.

Malformed messages have been the source of some issues for iMessage users in the past. One major example is the “Black Dot” Unicode bug from 2018 that abused invisible characters to crash the app on iPhones and iPads running iOS 11.3.

Another 2018 “text bomb” exploited unoptimized rendering processes for OpenGraph page titles to create excessively long tags, again causing crashes. Another from 2015 used a single line of Arabic script to consume iOS resources when rendering, but only when it appeared as a notification.

Posted on Leave a comment

Samsung received estimated $683M payment from Apple in Q2, still projects 56% decline in profits

 

Samsung on Friday released a bleak earnings forecast for its second fiscal quarter of 2019, projecting operating profits more than halved from last year due to ongoing weakness in the company’s bread-and-butter memory chip business.

Operating profit likely dipped to 6.5 trillion won (about $5.5 billion) during the three-month period ending in June, Samsung said in a regulatory filing. The tentative result beats industry estimates but represents a year-over-year decline of 56%, reports CNBC.

The first quarter result would have been worse was it not for a one-time payment from Apple, which reimbursed Samsung for missing contractual purchasing obligations for OLED panels.

The earnings forecast recognizes Apple’s payment, Samsung said without offering further detail. According to analysts, Samsung received an estimated 800 billion won for unfilled orders of display panels bound for iPhone, Reuters reports.

Reports in June said Apple and Samsung met to discuss an alternative to the monetary penalty but failed to agree on a middle ground.

Samsung Display is in a tight spot after investing in a state-of-the-art OLED production facility to serve Apple’s needs. The company’s sixth-generation “A3” line is capable of pumping out large quantities of next-generation OLED mother glass and was tipped to supply display parts for what was thought to be a glut of current and future iPhone orders. With slow iPhone X sales and lower-than-expected iPhone XS demand, however, the plant is reportedly operating at less than half of its output capacity.

If accurate, the guidance foretells Samsung’s third consecutive quarter of year-over-year profit declines. Following a dismal holiday season, the Korean tech giant posted operating profits of 6.2 billion won for the first quarter of 2019, its weakest performance since 2016.

Increasing tensions with Japan and the U.S.-China trade war are in part blamed for continued memory chip pricing and demand softness. With no near term solution in sight for either trade issue, Samsung could see its profits continue to slip well into 2019.

Posted on Leave a comment

Google, Facebook under investigation in UK for abusing market power

Silicon Valley monoliths Google and Facebook are once again facing government scrutiny over potential abuses of market power, with the UK’s Competition and Markets Authority taking aim at the companies in a wide-reaching probe into online advertising platforms.

Google

Source: Wikipedia

Announced on Wednesday, the CMA’s investigation, officially called a market study (PDF link), will concentrate specifically on Google and Facebook, both of which hold “leading positions” in the online advertising business, reports The Guardian.

The scope of the probe will assess market power of online platforms in consumer-facing markets, consumer control over data collection practices and competition in the supply of digital advertising in the UK, according to a synopsis.

“The market study will help us further lift the lid on how major online platforms work, especially how they collect and use personal data, how they monetize their content through digital advertising, and what this means for competition,” CMA chief executive Andrea Coscelli said. “The findings from this work will be used to influence the direction of policy and regulation in the digital sector.”

The CMA believes that the probe’s concerns “might lead to direct consumer harm if firms are able to exploit consumers’ attention and data to earn excessive returns in digital advertising.” A more competitive market could yield circumstances in which consumers are paid for access to, or are granted better control over, their data.

CMA is operating on a call from Chancellor of the Exchequer Philip Hammond to investigate the digital advertising market.

Hammond’s assignment is a response to recommendations outlined in an independent report prepared for the UK Treasury by Jason Furman, former Chairman of the Council of Economic Advisers under President Barack Obama. In his report, Furman found the market is “dominated by two players and suffers from a lack of transparency.”

The CMA is slated to file an interim report, which will include a determination as to whether a market investigation reference is needed, on Jan. 2, 2020. A final report is due on Jul. 2, 2020.

Google and Facebook are poster boys for unscrupulous consumer data collection tactics and have been the target of multiple international investigations.

Most recently, Google in March was fined $1.7 billion by the European Commission for favoring its AdSense platform in search engine adversing, adding to a previous $5 billion fine related to Android app restrictions.

In the U.S., Google faces an antitrust investigation from the Department of Justice. The sweeping probe also includes Facebook, Apple and Twitter.

Facebook is still embroiled in the aftermath of the Cambridge Analytica scandal, which saw the data of millions of users fall into the hands of the now-defunct consulting firm. The Federal Trade Commission opened an investigation into Facebook’s privacy practices in March 2018, and the social network was bracing for an up to $5 billion fine for potential violations as recently as April.

Posted on Leave a comment

Samsung reportedly completes Galaxy Fold redesign, release date still unknown

 

Samsung has reportedly finished a redesign of its Galaxy Fold smartphone following an ignominious pre-launch promotional campaign that saw pre-release review hardware fail in droves.

Galaxy Fold

Broken Galaxy Fold review unit. | Source: Steve Kovach via Twitter

According to people briefed on the matter, Samsung is in the final stages of producing a version of the Fold fit for commercial use, Bloomberg said in a report Tuesday.

The Korean tech giant spent the last two months tweaking the design of its folding smartphone after early review units succumbed to widespread screen failures.

Many reviewers found reliability issues with the 7.3-inch OLED panel, which folds along a central hinge line. After repeated folding and unfolding, users saw a noticeable crease in the display that brought with it corrupted graphics that in some cases resulted in one half of the panel becoming completely non-functional. Others attempted to remove a display layer they claim appeared to be a screen protector, breaking the OLED panel and rendering the device useless.

The unexpected hardware issues forced Samsung to call off a launch originally scheduled for April.

It seems Samsung is looking to combat user error by designing Fold’s top screen layer as a clearly integral part of the device. Sources say the “film” is stretched around the entire screen and continues into the outer bezels, making it impossible to remove by hand. Further, the hinge has been reconfigured to sit flush with the display, stretching the film when the device is opened.

With the added tension, the layer feels more like an original component rather than an accessory, the report said. The redesigned hinge mechanism might also prevent a crease from developing in the center of the screen.

Samsung will begin shipping components like the display and battery for final assembly in Vietnam in the near future, the report said. However, the redesigned Fold is unlikely to be ready in time for debut at Samsung’s upcoming Unpacked event on Aug. 7.

At Unpacked, Samsung is expected to unveil its next-generation Galaxy Note 10 phablet, a high-end device that stretches the boundary between smartphone and tablet. Rumors point to a multi-array camera system, 5G integration and a model that boasts a massive 6.75-inch screen.

News of the Fold’s redesign arrives some two weeks after Samsung Display Vice President Kim Seong-cheol at an industry conference said, “Most of the display problems have been ironed out” and that the device is “ready to hit market.” More recently, Samsung Electronics CEO D.J. Koh admitted the Fold was introduced prematurely.

“It was embarrassing. I pushed it through before it was ready,” Koh said in a statement this week. “I do admit I missed something on the foldable phone, but we are in the process of recovery.”