Business

AdminNovember 9, 2017
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1min350

Many people were on the 5th of November convinced to download a fake WhatsApp. While the popular app appears as “WhatsApp Messenger” in Google Play, the fake App was called, “Update WhatsApp Messenger.” The most surprising thing is that it appeared to be made by WhatsApp inc; who are the original creators of the App.This caught many unsuspecting users by surprise.

What the App was able to do

The app required little restrictions for it to be downloaded. Once it’s downloaded the app hides in your smartphone by deleting its title and icon. The ad-loader wrapper downloads a second app called ‘whatsapp.apl’. This makes it very hard to detect it.

By the time Google pulled it down more than one million people had already downloaded it. A Reddit user first flanked the fake app on their page warning users of the malware.

Users who had downloaded the app complained that the app had a lot of ads. The app seems to be an imitation of the upcoming Whatsapp business app, and many users may have thought it to be an upgrade.

Buyers be Aware

The rule has always been to avoid downloads from questionable sources, but the fact that this app was available on Google App store raises a lot of questions. Users asked why Google would let the app remain for download without them noticing. The malware was flaked down by a user on Reddit rather than Google Play.

Hackers are becoming more bold and innovative in coming days. They are offering various gifts and upgrades to consumers in an effort to get lots of downloads. Once the apps are loaded on a user’s phone, the hackers then use fake user interfaces to capture customer data. This data is then transferred to a remote server where financial information is captured. Transferring customer funds then becomes very easy.

WhatsApp Business App

This is the App that the company hopes to launch shortly and which Hackers took advantage of. The App will connect users to business enterprises. You will be able to connect with companies through the app and make product orders through it. Versions of the App have been made available to testers.

The App will enable users to make landline calls and text messages through Whatsapp. This is a feature that is currently not available with current versions. You will also be able to interact with a company’s website chat through the App.

Whatsapp with more than one billion users hopes to increase revenues through the creation of enterprise features targeted at businesses. By breaking the communication barrier with customers, businesses will be able to update customers on important product launches. You will be able in the future to make airline and hotel bookings through Whatsapp. The company in an effort to block scammers says that users will be able to block unwanted numbers. You will also be able to update your contacts on WhatsApp. The App will be a big win for banks, small businesses, airlines and many other enterprises seeking a fast way to connect with customers.

 


AdminNovember 7, 2017
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1min560

Tesla has been taking the world by storm with its range of innovative products. They have solar roof tiles and their ambitious space expedition is just years away. But, Tesla Model 3 has been giving Elon Musk nightmares of late. The plan was simple, have the production car available to the general public by 2018. Tesla estimated that they would be doing an average of 10,000 cars per week with production at their Gigafactory.

It’s was a statement by Elon Musk on 8th November during an investor conference briefing that got people worried. Elon Musk has been confident of having the Model 3 available to the market in 2018. The influential Tesla CEO was apprehensive when asked whether Tesla was still on course to deliver 10, 000 cars per week in 2018. He said due to ‘production delays’ at their Gigafactory, production of the model 3, will be cut by half to 5,000 cars per week and later in the first quarter of 2018.

Production problems at Gigafactory

This has raised concern amongst investors who are now not even sure whether the production car will be available in the market in 2018. Elon Musk blamed the hiccups on battery problems at their factory. He also claimed to be trying to overcome what he calls ‘production hell’ at the Gigafactory. This is a far cry from his previous statement in August where he was far much confident.

Issues have been raised concerning rumors that some processes in car production were been done by hand. This raises that question whether Tesla where over-optimistic with their 10,000 cars per week figure. The Model 3 was given to some Tesla employees to test drive it and some have reportedly complained of the car breaking down.

Model 3 plans to bring uncertainty to Tesla fortunes

Investors are questioning Tesla optimism of producing more than one million cars by 2022. Is it a figure that is just too high and unrealistic? Tesla competitors will be rolling out their own versions of electric cars in 2018 and it will be interesting to see whether Tesla will have resolved its issues by then. The BMW 3 series electric car has been one of Tesla’s competitors and the question is how these delays will affect Tesla profits. The Model 3 has been capital intensive with Tesla putting its Capex at 1 billion dollars in the fourth quarter. Tesla’s revenues have been on the steady rise, gaining 30 percent to stand at 3 billion dollars but their expenditure has also been very high.

It is yet to be seen whether Tesla will overcome its challenges and get the Model 3 in the market by 2018. What we do not know is whether there might be more surprises coming from their Gigafactory as the year comes to an end. Tesla will have to up their game and seal any loopholes in their manufacturing processes to ensure that no further hiccups are experienced. Elon Musk still remains an optimistic and he has often been seen spending a lot of time at Gigafactory, in an effort to save the model 3.


AdminOctober 14, 2017
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1min1310

Amazon, the retail giant has been doing an amazing job delivering goods bought on their web portal to your doorstep. The retailer has grown its clientele to cover almost every part of the United States. They have invested heavily in software development to ensure that the customer’s security details are treated with utmost confidentiality. But, when goods are delivered to your doorstep there is usually someone out there waiting to get hold of your package before you do.

Porch Pirates

This is the name given to package thieves who wait for the delivery truck to speed off from the driveway and then creep to your doorstep and make away with your package.There are states where cops have sent dumpy packages with a hidden GPS device inside in an effort to catch porch thieves. But, these guys are always on the lockout and they have devised ways to avoid detection by cops. Amazon has lost over 26 million dollars in packages through ‘porch pirates’. This has also dented its image amongst affected customers.

Delivery to your car trunk

Amazon is said to be in confidential talks with Phrame, a smart licensing company to curb ‘porch pirates’. The idea is to have a secure bag installed near the licensing plate, with the car keys. The customer using their smartphone can grant access to car keys to the Amazon delivery guy. The delivery will then be placed in your car trunk and you can then access it later.Through a smart App you will be able to pinpoint the location of your car through GPS and view login details. The App will also inform you when the trunk was opened or closed; through GPS you can also tell the car’s location.

There are challenges to this idea, will Amazon customers entrust their car keys to a stranger? The other issue is people who use their cars on a daily basis and may not be in the vicinity of the delivery truck.

Smart lock

The other option is having a smart lock installed on the front door. With a Smart App, customers can grant access to the delivery man who will drop the package inside the house instead of outside. This will not only keep your package safe from ‘porch pirates’ but it will also protect it from damage due to bad weather. The smart lock is not new as WalMart is reported to be engaged with a contractor to have deliveries up to your fridge. Again the issue of security crops up, how many customers will be willing to let a stranger into their home unattended.

Lost and unattended packages are a cause of concern for Amazon as it not only destroys their brand but leaves a lot of irate customers. The online retail market is growing at a very high rate and most items are now available online. A lot needs to be done to curb theft and protect packages from weather elements. Amazon already has a porch pirate bag that locks to your door lock but it seems more needs to be done to ensure full delivery to the customer.


AdminOctober 13, 2017
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1min1380

From the time man first settled on the moon business leaders have been looking for innovative ways to conquer space travel. The business potential is unlimited. Futuristic plans have involved hotels, space crafts like the ones in sci-fi movies. While our obsession with space raises questions on timing and financial costs, Tesla still has plans of one-day settling people in space.

Tesla owner Elon Musk during a conference in Australia on 6th October 2017 unveiled SpaceX new travel plans for Mars. His big idea – a new spaceship that will attract a new wave of space tourist that will boost Tesla revenues.

The new spaceship is said to have 40 cabins, each carrying two or three people, which totals to roughly 80 to 120 persons. Plans to develop cargo version are on the way by 2022. After two years you will have two trips one for cargo and the other for passengers. This will be quite popular for those business people with a few million bucks to spare. Though Tesla plans to later have the prices affordable to the general public.

Tesla big plan for Mars may result in budget cuts for other SpaceX products. The rocket may also include a moon base.  It is expected that the spaceship will commute between any two points on earth in under an hour.  The Spacecraft will be a Multi-functional vehicle that will take over most of SpaceX other functions like ferrying satellites into the orbit or regular commute to its International Space Station.

The Spaceship first task will be to ferry materials for the construction of a fuel processing facility in Mars. SpaceX will also do due diligence on Mars to find out how habitable the planet is. The trip o Mars is expected to take around three and Six months. They, however, plan on first shipping cargo before any passenger trips are made. Fuel will be one commodity urgently needed for the return trips because the Spacecraft requires a boost to exist Mars due to its lack of an atmosphere.  The ship will be filled with Oxygen and Methane for its trip back to Earth.

The biggest concern on peoples mind is Safety. A spaceship is packed with inflammable gases and can explode at any time if the wrong materials are used in its construction. There is also the issue of oxygen and food for the passengers heading to Mars, considering the high number of passengers. SpaceX previous attempts that led to massive losses for the company need to be re-examined for them not to occur again.

SpaceX needs to start planning early if they are to beat their 2022 deadline for cargo and 2024 for passengers. People are eager to see how the project kicks off. Elon Musk did not, however, give journalists a breakdown of how much the project will cost.  Tech Analysts expect that this project will be made a priority at the expense of other SpaceX projects. We hope that the endeavor by Elon Musk will pay dividends as this project has been very personal him.


AdminOctober 7, 2017
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1min1470

Microsoft launched the browser into the Android market and IOS phones, under the code name Spartan. Microsoft Edge was first shown to the public through a review build up of Windows 10, which happens to be  Windows 10 default browser.  Microsoft Edge is also available on Windows 10 mobile and Xbox One console.

Microsoft  Edge lets you access history, reading list, favorites, and ebooks.You can view a page both from your phone and PC. In case there are those hard to read pages on your mobile you can move them flawlessly to your larger PC screen. You have a built-in QR reader that makes reading e-books easier.

Microsoft Edge has been cleaned up of codes that made its predecessor – Internet Explorer- to be unpopular due to many malware attacks.  It is free of Active X and Visual Basic scripts while they have also blocked Adobe flash from launching automatically. Edge uses EdgeHTML and Chakra Javascript engine that makes it faster to load and makes it compatible with new versions of Chrome and Firefox. Microsoft claims that it is faster than Firefox and chrome, and has a longer battery life of 77 percent longer than Firefox and 35 percent than Chrome.

Both Edge IOS and Android will first be available in English and in the United States. But, Microsoft will expand to more countries and languages as it gets feedback from customers. Some features like roaming passwords and history tabs may not be available initially, may come later. Usage in iPads and Android tablets will be added in later stages.

Edge is very responsive when using it on a tablet as it lets you use your finger on a touchscreen. You can scroll to the left and right and double tap to highlight items. Sharing of items is quite easy, you click the share button, and you have a list of some popular apps like Facebook and Twitter.

Microsoft’s personal assistant Cortana is plugged in Edge making browsing way easier. You will easily find Cortana in the address bar giving out suggestions. In case you stumble on a page where you require more information just launch Cortana, highlight a phrase, then press and hold it; and Cortana will provide you with more info. It will also give you lyrics suggestions when searching for a music video. You also get an alert of available coupons when you are shopping on retail websites.

Microsoft, through Edge, plans to capture the browser market that is currently dominated by Google Chrome and  Mozilla Firefox. The cross share feature will be a key selling point for many Android users. On the browser, it wraps the Webkit browser engine from Safari, while on Android it is built on top of Chromium, which is open source, unlike Apple that excludes third party developments. Microsoft is also rebranding it’s Arrow app to Microsoft Launcher. Some of the expected features will include the ability to pin contacts to your home screen and on a glance view appointments, frequently used apps, and recent documents.


AdminOctober 6, 2017
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1min1140

Card transactions in the United States currently take forever to go through.

The average transaction takes a few seconds, but those seconds can really add up and slow down profits for companies. Mastercard wants to bring tech to the US that can save at least one second per transaction, making lines move faster and increasing profits for companies that take cards. This means retail companies can potentially increase the number of transaction they do per day.

The tech is called M/Chip. It is being implemented by several payment process leaders in North America, including Verifone. M/Chip is designed to make reading cards with chips much faster. If you’ve noticed that your transaction went through faster when you swiped your card, you aren’t being paranoid. This is 100% true. Chip readers are a mess right now, but Mastercard recognizes that user experience is important, so they’re aiming to fix that.

The US is Slow to Adapt Chip Cards

The UK has had chip card technology for a while, but the US has just begun using them in the past year or two. The promise is that they are more secure and faster than a regular card with a stripe.

Potentially they are, but anyone who checks out with them knows that this isn’t always the case. We blame the chip cards, but the fact is the readers are faulty – not the chips or the cards.

It’s only supposed to take a second or two for a chip card transaction to be improved but the technology is so slow that it can take up to five seconds or longer, and this is without the system going down. How many stores have you been to that has a sign on the chip reader saying it isn’t working right now? This forces you to swipe your card, and you probably sigh with relief because that is much easier than waiting for an ancient machine to approve your purchase.

Now, Mastercard wants the US to adopt newer technology based on their M/Chip readers.

This isn’t the first technology that Mastercard has introduced. They have new cards that allow you to use a chip and a fingerprint instead of a pin. Pin numbers are the weakest link in the two-part verification system of plastic cards. Pins are usually easily guessed, or bypassed and approved as credit. But with fingerprint technology, a person has to use something that is a little harder to fake.

The card is still in the trial stages and is only available in South Africa for now. Still, Mastercard has proved its willingness to break ground and make strides with technology, and use it to keep banking information as safe as possible.

While the US is a bit behind on tech, adapting the M/Chip readers is not an unreasonable request. It does come with a big question: how long is it going to take for this technology to become mainstream?

While Mastercard is a leader in the financial sector, they still can’t force financial institutions to adopt their card readers. They have to be able to sell them.

So what are the benefits?

Aside from faster transaction times, there probably aren’t very many. Mastercard may sweeten the pot a bit with a deal, but as consumers, we probably won’t be privy to that. What we will know is that once these readers are adapted, we’ll spend less time standing in line and more time getting to our destination.

Time is money, after all. No one seems to understand that better than Mastercard.



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