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Quoting from the site wsj.com Posted by:Dr Ahmed.M.Shaban Associated Press Apple   AAPL   +0.19%  responded to China’s influential state broadcaster, which called the iPhone a  “national security concern”  because of a feature that learns the locations of places a user visits most frequently. In a statement titled  “Your Location Privacy”  published on Apple’s China website, the company said it does not track users or share their locations with outsiders. Apple said it created the “frequent locations” feature so users can “quickly and reliably determine their current locations for specific activities such as shopping, travel, finding the nearest restaurant or calculating the amount of time it takes them to get to work.” The statement came in response to a report on Friday by state-run China Central Television, which criticized the frequent locations function in Apple’s iOS 7 mobile operating system, because it records the time and lo...

Quoting from the site wsj.com Posted by:Dr Ahmed.M.Shaban Washington and Beijing have been accusing each other of  hacking and other cybersecurity violations, raising concerns that U.S. firms selling network or computer equipment in China could be caught in the crossfire. But U.S. technology firm Dell, which is the largest  vendor of computer servers in China, says its business there hasn’t been hurt. Motorcyclists ride past ‘Unit 61398′, a secretive Chinese military unit, in the outskirts of Shanghai in February. The unit is believed to be behind a series of hacking attacks, a U.S. computer security company said.   REUTERS “We don’t see any impact on our business,” said Amit Midha, who heads Dell’s Asia Pacific operations. “We feel that this is something that is going to get worked through over time between the two countries.” Dell also sells PCs and storage products in China, as well as software and other technology services. The tensions over cybe...

A screenshot of Introbiz.com, run by CNYK Technology. How can a social network that no one has ever heard of suddenly be valued at more than $6 billion? That’s what is happening with the one-time penny stock, Cynk Technology, which is up more than 100-fold since mid-June, bringing its market capitalization to more than $6 billion on Thursday. Yet the self-proclaimed social network has  no revenue, no product, no assets and one employee. If it’s true that there’s a sucker is born every minute, then many of them trade on the penny-stock market. As The Wall Street Journal  wrote this week , the world of penny stocks is “a historical haven for con men and hustlers that the FBI says is ‘rife with fraud.’” Cynk’s various securities filings from 2012 to 2013 read like a satirical article from The Onion. Let us count the red flags: – The company’s business plan is vague and poorly written , containing gems like: “Instead of paying for a lunch that neither party wa...

Quoting from the site wsj.com Posted by:Dr Ahmed.M.Shaban The ball bounces over the goal line past Italy’s goalkeeper Gianluigi Buffon as Costa Rica’s Bryan Ruiz scores his side’s first goal.   Associated Press RIO DE JANEIRO – Several small technology companies are looking to the World Cup to give their businesses a major boost. While official sponsors like  Sony   6758.TO   -0.83%  have their names plastered around event sites, these small firms are quietly providing services and devices needed for soccer’s largest event. One of the biggest winners so far is GoalControl GmbH, a small German company that won the contract to provide goal-line technology during the World Cup. GoalControl, a 40-person outfit from western Germany and a subsidiary of a plastics and rubber inspection company, uses a number of cameras to track the ball within a centimeter to tell whether it crosses the goal line. The aim is to eliminate errors by referees that ha...

Quoting from the site wsj.com Posted by:Dr Ahmed.M.Shaban Chinese e-commerce giant Alibaba Group has added a new function to its mobile shopping and payment applications that allows people to check the authenticity of drugs by scanning the packages with smartphone cameras. REUTERS China’s pharmaceutical market is growing , but so is the potential market for fake or substandard drugs. This week, the state-run  Xinhua news agency reported  that China’s drug administration has warned consumers about fake cancer drugs being sold online. Alibaba’s Tmall shopping site hosts storefronts for major Chinese drugstore chains, but one of the challenges of selling drugs online is lack of trust. The new feature, available on Alibaba’s Mobile Taobao shopping app and the Alipay Wallet payment app, could address consumers’ – and Beijing’s – concerns about the authenticity and safety of drugs sold by online retailers. Using the same feature, consumers can also scan the pac...

Quoting from the site  wsj.com Posted by:Dr Ahmed.M.Shaban An unusual chip at the heart of a D-Wave quantum computer.   D-Wave System D-Wave Systems, which has been developing a radically different kind of computer since 1999, has installed a grand total of two systems outside its premises. But management, and investors, seem undaunted. The Vancouver-based company said Friday it has landed a new infusion of 30 million Canadian dollars ($28 million) from investors that include  Goldman Sachs   GS   +0.84% . D-Wave says it has raised 160 million Canadian dollars ($149 million) over the years in a half-dozen funding rounds. Prior investors have included an investment vehicle for Amazon.com CEO  Jeff Bezos and In-Q-Tel, a venture fund that invests on behalf of the U.S. intelligence community. D-Wave has also attracted considerable media attention–including a Time magazine cover story–for its quest to develop what scientists call a quantum ...