Samsung Electronics significantly reduces system semiconductor content in its business report's management analysis, cutting description by 45% and omitting specific details on System LSI business developments and future strategies.
#YonhapInfomax #SamsungElectronics #BusinessReport #SystemSemiconductor #SystemLSI #FoundryBusiness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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South Africa electric vehicle sales ‘to grow significantly by 2025’ https://squeet.me/display/962c3e10-145c-5322-c43c-e62438604615

WhatsApp messages could be read by hackers, security experts warn, if backed up to Google Drive

The latest security warning comes as the Facebook-owned chat app announced plans to start backing up users' messages to Google Drive for free.

Although WhatsApp protects all sent messages, images, videos and documents with end-to-end encryption, opting to back-up with Google Drive stops this security practice – leaving texts exposed to online hackers.

WhatsApp has long allowed people to store their messages in Google Drive.

Until now, these back-ups counted towards users' Google Drive storage limit. However, WhatsApp recently announced a partnership with the company that means back-ups will no longer be counted toward their Google Drive allowance. This means more people will likely take advantage of the feature, leaving more people potentially exposed.

What's interesting to me is that the messages are decrypted and sent to Google Drive. The ideal is to have messages encrypted with your own key, and if you lose your password your messages are lost forever. The moment a third party can reset your password (and retain access to data), or can decrypt your data, or can search your data, it means you are not in full control of your data. You either have security or you don't have it - there is no half security. Assuming in this WhatsApp case the data is still transferred via SSL to your Google Drive it may not be intercepted by another 3rd party, but it is unencrypted on Google Drive which means Google's search can see the information (and anyone else who manages to hack your Google account). SpiderOak and others encrypt locally and store in encrypted format with your one encryption key - they (or anyone else) just cannot access that information.

See www.iol.co.za/business-report/…

#whatsapp www.iol.co.za/business-report/… #businessreport #technology

SA township woman's Rooibos tea bag purses all the rage in Paris thanks to environmentalism and tourism

A 33-year-old Zimbabwean woman living in Cape Town is seeing her creation of purses made from Rooibos tea bags take off in Paris, one of the fashion capitals of the world.

Dube said when she moved to South Africa she got involved with a company called Original T-Bag Designs in 2006. Original T-Bag Designs was a company that started out as a social responsibility project by founder, Jill Heyes, to help impoverished women from Imizamo Yethu in Hout Bay earn money, by making unique arts and crafts from tea bags and boxes.

Like Dube, other artists from Original T-Bag Designs also use recycled tea bags that are donated by tea-lovers from all over the world to make anything from animal sculptures (out of paper mache – the final layer of which is decorated with a variety of tea bags) to gift cards, trays, notebooks, dolls, paintings, soap, fridge magnets, handbags and other décor items such as keepsake boxes, heart-shaped door signs/posts, coasters and even beaded jewellery.

The product creation is sourced from recycling of used products and it was thanks to tourism that the product spread to Paris (the product was spotted in Cape Town by a Parisian designer). A further reason for it taking off in Paris is because there is a growing awareness around environmentalism and re-using what has been discarded and this also makes the use of the bag an attractive proposition to buyers.

See www.iol.co.za/business-report/…

#rooibos #handbag #paris www.iol.co.za/business-report/… #businessreport #careers

10 reasons why South Africa must develop an electric vehicle sooner

South Africa no longer has reasons to delay embarking aggressively on a mission to manufacture an Electric Vehicle (EV) for the domestic and export markets.

The initiative will contribute significantly as a catalyst to advancing the country’s economic growth, create jobs and open up entrepreneurial opportunities. The time is right, stakeholders are ready, opportunities abound, while the market climate is favourable.

This is an opportune time to retrieve from the shelves projects such as the “Joule” (or another) the brainchild of Optimal Energy – an offshoot of the University of Stellenbosch, exhibited at the Paris motor show in 2008 but abandoned in 2012. Some said because it was born too early – some said it did not make “business cents” at the time.

As the economic powerhouse and leader on the continent, SA can no longer afford to address its woes with timid, half-hearted measures and reactive approach. President Cyril Ramaphosa, Trudy Makhaya and the “four lions” must go for the juggernaut - unleash the country’s fullest potential, and refrain from looking up to other nations for approval. SA must avoid staying trapped in the conventional methods of addressing unconventional problems.

The country must take calculated risks, go for the total onslaught for economic development – embark on an aggressive self-propulsion forward, upward and unapologetically. A toothpick prick can never put down a raging bull elephant, symbolized by the constant negative economic growth, poverty and unemployment – one needs a powerful, high calibre weapon to execute such a tasking.

This weapon is constituted by aggressive research and development – thorough feasibility studies, marketing and advertising, domestic and international investment soliciting of unprecedented proportions. This includes adopting a proactive attitude and ridding SA of this risk-averse attitude and replace by embracing its inbred pioneering spirit.

See the list of reasons at www.iol.co.za/business-report/…

#southafrica #EV www.iol.co.za/business-report/… #businessreport #opinion