Posts Tagged ‘first’

postheadericon First Conviction Revealed Under New Chinese VPN Ban

Over the summer, there was speculation of a Chinese VPN ban. Apple’s removal of Chinese VPN apps seemed to reiterate this. Now, convictions for VPN use in China have begun.

The post First Conviction Revealed Under New Chinese VPN Ban appeared first on FlashRouters Networking & VPN Blog.

FlashRouters Networking & VPN Blog

postheadericon UK’s ICO launches first ever International Strategy

The Information Commissioner’s Office (ICO) has launched an International Strategy, which provides guidance on key issues such as GDPR and changing technologies.

The post UK’s ICO launches first ever International Strategy appeared first on WeLiveSecurity


WeLiveSecurity

postheadericon WannaCryptor wasn’t the first to use EternalBlue: Miners misused it days after Shadow Brokers leak

The massive campaign that spread the WannaCry ransomware wasn’t the only large-scale infection misusing the EternalBlue and DoublePulsar exploits.

The post WannaCryptor wasn’t the first to use EternalBlue: Miners misused it days after Shadow Brokers leak appeared first on WeLiveSecurity


WeLiveSecurity

postheadericon Concealed Weapon Detection System Being Implemented For The First Time. Coming To A Neighborhood Near You?

In Las Vegas, Nevada, it is perfectly legal to carry your concealed firearm into a casino. If they find out and ask you to leave, however, you’ll need to oblige or face trespassing charges. If you’ve carried inside a casino before undetected, that’s about to change.

Patriot One Technologies, Inc. is about to kick off an experiment of it’s new detection system. They’ve partnered with Westgate Las Vegas Resort & Casino to implement the system in public for the first time. But what does it do?

The system integrates with current security systems to alert the property of any visitors who are carrying a concealed weapon. In short, the system uses “Cognitive Microwave Radar” to detect any unwanted items, and “related hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises.”

If this test proves to be successful in their eyes, it could open the flood gates for companies looking to use this technology in their own locations.

I envision a lot of law-abiding citizens being approached by security and then being asked to leave the property, simply for concealing their legal firearm. Alternatively, they could be asked to leave their firearm in their car, opening it up to theft. Or, as many casinos have, they will let visitors store their firearm in a safe deposit box on property. Lots of good it’ll do, though, if you need it.

Let’s make this easy:

A bad guy walks into a casino with a gun. By the time security sees that he’s carrying a firearm and gets to him, he’s already shot 6 people.

A good guy walks into a casino with a gun. By the time security sees that he’s carrying a firearm and gets to him, he’s already sitting down at a table and minding his own business.

Not to mention if the system doesn’t detect the firearm at all, in which case the only issue is still the bad guy with the gun.

To any businesses who implement this new technology, I can assure you that I won’t be a visitor to any of your properties. I feel that I’m not alone.

Furthermore, I feel it’s only fair that a participating business be required to post a sign that alerts visitors of the invasive technology.

Press Release:

TORONTO, ON–(Marketwired – Mar 23, 2017) – Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of a revolutionary concealed weapons detection system, today announced an agreement with Westgate Las Vegas Resort & Casino for a trial of its technology in order to evaluate integration capabilities with existing in-house security systems.

Westgate Las Vegas Resort & Casino has long been an iconic landmark, comprised of nearly 3,000 hotel rooms, including 305 suites located on 64 acres with a 74,000-square foot casino and 200,000 sq. ft. convention center. The property is owned by Florida-based Westgate Resorts, the largest privately held company in Central Florida. Today, Westgate Resorts encompasses 28 resorts with more than 13,500 villas across the United States.

Westgate’s Chief Operating Officer Mark Waltrip said, “With this partnership, we are pleased to be moving ahead and look forward to deploying the product on-site and to integrating it with our existing security infrastructure. Hopefully this is the first of many deployments across our locations around the United States.”

Patriot One CEO, Martin Cronin comments, “We believe our innovative concealed weapons detection software solution and related hardware offers a very significant step forward in security technology. Naturally, Las Vegas offers us a chance to really put our solution to the test in a premier global destination. As a first class showcase for our company, we thank the Westgate team for their vision and leadership in providing us the opportunity to deploy the installation in front of a key audience. During the upcoming ISC West Conference in April, we plan to demonstrate the system under real operating conditions to the visiting security community from across the nation. This is a wonderful opportunity for us and we look forward to a mutually beneficial relationship with Westgate Resorts.”

ON BEHALF OF THE BOARD

“Martin Cronin”
President & Director

About Patriot One Technologies, Inc. (TSX VENTURE: PAT) (OTCQB: PTOTF) (FRANKFURT: 0PL):
Patriot One has developed a first-of-its-kind Cognitive Microwave Radar concealed weapons detection system as an effective tool to combat active shooter threats before they occur. Designed for cost-effective deployment in weapon-restricted buildings and facilities, the innovative software solution and related hardware can be installed in hallways and doorways to covertly identify weapons and to alert security of an active threat entering the premises. Owner/operators of private and certain public facilities can now prominently post anti-weapons policies with compliance assured. The Company’s motto Deter, Detect and Defend is based on the belief that widespread use of its technology will act as an effective deterrent, thereby diminishing the epidemic phenomena of active shooters across the globe. For more information, visit: www.patriot1tech.com.

Concealed Nation

postheadericon Microsoft Cloud strength highlights first quarter results

REDMOND, Wash. — October 20, 2016 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2016:

  • Revenue was $ 20.5 billion GAAP, and $ 22.3 billion non-GAAP
  • Operating income was $ 5.2 billion GAAP, and $ 7.1 billion non-GAAP
  • Net income was $ 4.7 billion GAAP, and $ 6.0 billion non-GAAP
  • Diluted earnings per share was $ 0.60 GAAP, and $ 0.76 non-GAAP

“We are helping to lead a profound digital transformation for customers, infusing intelligence across all of our platforms and experiences,” said Satya Nadella, chief executive officer at Microsoft. “We continue to innovate, grow engagement, and build our total addressable market.”

The following table reconciles our financial results reported in accordance with generally accepted accounting principles (“GAAP”) to non-GAAP financial results. Microsoft has provided this non-GAAP financial information to aid investors in better understanding the company’s performance. Additional information regarding our non-GAAP definition is provided below. All growth comparisons relate to the corresponding period in the last fiscal year.

Three Months Ended September 30
($ in millions, except per share amounts) Revenue Operating Income Net Income Diluted Earnings per Share
2015 As Reported (GAAP) $ 20,379 $ 5,793 $ 4,902 $ 0.61
Net Impact from Windows 10 Revenue Deferrals 1,281 1,281 759 0.09
2015 As Adjusted (non-GAAP) $ 21,660 $ 7,074 $ 5,661 $ 0.70
2016 As Reported (GAAP) $ 20,453 $ 5,225 $ 4,690 $ 0.60
Net Impact from Windows 10 Revenue Deferrals 1,881 1,881 1,299 0.16
2016 As Adjusted (non-GAAP) $ 22,334 $ 7,106 $ 5,989 $ 0.76
Percentage Change Y/Y (GAAP) 0% (10)% (4)% (2)%
Percentage Change Y/Y (non-GAAP) 3% 0% 6% 9%
Percentage Change Y/Y (non-GAAP) Constant Currency 5% 4% 10% 13%

Microsoft returned $ 6.6 billion to shareholders in the form of share repurchases and dividends in the first quarter of fiscal year 2017. During the quarter, the company announced an 8% increase in its quarterly dividend to $ 0.39 per share, a new share repurchase program authorizing up to $ 40 billion in share repurchases, and reaffirmed it is on track to complete its current $ 40 billion share repurchase program by December 31, 2016.

“Our first quarter results showed continued demand for our cloud-based services,” said Amy Hood, executive vice president and chief financial officer at Microsoft. “We continue to invest, position ourselves for long-term growth, and execute well across our businesses.”

Revenue in Productivity and Business Processes grew 6% (up 8% in constant currency) to $ 6.7 billion, with the following business highlights:

  • Office commercial products and cloud services revenue grew 5% (up 8% in constant currency) driven by Office 365 commercial revenue growth of 51% (up 54% in constant currency)
  • Office consumer products and cloud services revenue grew 8% (up 8% in constant currency) and Office 365 consumer subscribers increased to 24.0 million
  • Dynamics products and cloud services revenue grew 11% (up 13% in constant currency) driven by Dynamics online revenue growth

Revenue in Intelligent Cloud grew 8% (up 10% in constant currency) to $ 6.4 billion, with the following business highlights:

  • Server products and cloud services revenue increased 11% (up 13% in constant currency) driven by double-digit annuity revenue growth
  • Azure revenue grew 116% (up 121% in constant currency) with Azure compute usage more than doubling year-over-year
  • Enterprise Services revenue increased 1% (up 2% in constant currency) with growth in Premier Support Services and consulting offset by declines in custom support agreements

Revenue in More Personal Computing declined 2% (down 1% in constant currency) to $ 9.3 billion, with the following business highlights:

  • Windows OEM revenue was flat year-over-year (flat in constant currency), slightly ahead of the PC market
  • Windows commercial products and cloud services revenue was flat year-over-year (up 2% in constant currency) driven by annuity revenue
  • Phone revenue declined 72% (down 71% in constant currency)
  • Gaming revenue declined 5% (down 4% in constant currency) driven by lower Xbox console revenue offset by higher Xbox software and services revenue
  • Search advertising revenue excluding traffic acquisition costs grew 9% (up 10% in constant currency) driven by increased revenue per search and search volume

Acquisitions and Divestitures

Microsoft expects to close the acquisition of LinkedIn Corporation and the sale of our entry-level feature phone business in the second quarter of fiscal year 2017, subject to regulatory approvals and other closing conditions.

Business Outlook

Microsoft will provide forward-looking guidance in connection with this quarterly earnings announcement on its earnings conference call and webcast.

Webcast Details

Satya Nadella, chief executive officer, Amy Hood, executive vice president and chief financial officer, Frank Brod, chief accounting officer, John Seethoff, deputy general counsel and corporate secretary, and Chris Suh, general manager of Investor Relations, will host a conference call and webcast at 2:30 p.m. Pacific time (5:30 p.m. Eastern time) today to discuss details of the company’s performance for the quarter and certain forward-looking information. The session may be accessed at http://www.microsoft.com/en-us/investor. The webcast will be available for replay through the close of business on October 20, 2017.

“As Adjusted” Financial Results and non-GAAP Measures

During the first quarter of fiscal year 2017 and the first quarter of fiscal year 2016, GAAP revenue, operating income, net income, and diluted earnings per share include the net impact from Windows 10 revenue deferrals. This item is defined below. In addition to these financial results reported in accordance with GAAP, Microsoft has provided certain non-GAAP financial information to aid investors in better understanding the company’s performance. Presenting these non-GAAP measures gives additional insight into operational performance and helps clarify trends affecting the company’s business. For comparability of reporting, management considers this information in conjunction with GAAP amounts in evaluating business performance. With respect to our non-GAAP measures related to Windows 10 revenue, we believe these measures bridge investor information and minimize potential confusion during the brief period between the time Windows 10 revenue recognition moved from upfront to ratable, and the adoption of the new revenue standard, when Windows 10 will again be recognized predominantly upfront. The net change in Windows 10 revenue from period to period is indicative of the net change in revenue we expect from adoption of the new revenue standard. These non-GAAP financial measures should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP.

Non-GAAP Definition

Net Impact from Windows 10 Revenue Deferrals. Microsoft recorded net revenue deferrals of $ 1.9 billion during the three months ended September 30, 2016 and net revenue deferrals of $ 1.3 billion during the three months ended September 30, 2015, related to Windows 10.

With the launch of Windows 10 in July 2015, Windows 10 customers receive future versions and updates at no additional charge. Under current revenue recognition accounting guidance, when standalone software is sold with future upgrade rights, revenue must be deferred over the life of the computing device on which it is installed. This is different from prior versions of Windows, which were sold without upgrade rights, where all revenue from original equipment manufacturer (“OEM”) customers was recognized at the time of billing, i.e., upfront.

When Microsoft adopts the new revenue standard, predominantly all Windows OEM revenue will be recognized at the time of billing, which is similar to the revenue recognition for prior versions of Windows. Additional information regarding the new revenue standard is provided below. Microsoft reflects the recognition of Windows 10 revenue at the time of billing in “As Adjusted (non-GAAP)” revenue to provide comparability during the short period where Windows 10 will be recognized over the estimated life of a device, i.e., ratable, rather than at the time of billing.

New Revenue Standard

In May 2014, the Financial Accounting Standards Board (“FASB”) issued a new standard related to revenue recognition. Under the new standard, revenue is recognized when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. In addition, the standard requires disclosure of the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The FASB has recently issued several amendments to the standard, including clarification on accounting for licenses of intellectual property and identifying performance obligations.

The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). We currently anticipate adopting the standard using the full retrospective method to restate each prior reporting period presented.

The new standard will be effective for us beginning July 1, 2018, and adoption as of the original effective date of July 1, 2017 is permitted. We currently anticipate early adoption of the new standard effective July 1, 2017. Our ability to early adopt using the full retrospective method is dependent on system readiness, including software procured from third-party providers, and the completion of our analysis of information necessary to restate prior period financial statements.

We anticipate this standard will have a material impact on our consolidated financial statements. While we are continuing to assess all potential impacts of the standard, we currently believe the most significant impact relates to our accounting for software license revenue. We expect revenue related to hardware, cloud offerings, and professional services to remain substantially unchanged. Specifically, under the new standard we expect to recognize Windows 10 revenue predominantly upfront rather than ratably over the life of the related device. We also expect to recognize license revenue upfront rather than over the subscription period from certain multi-year commercial software subscriptions that include both software licenses and software assurance. Due to the complexity of certain of our commercial license subscription contracts, the actual revenue recognition treatment required under the standard will be dependent on contract-specific terms, and may vary in some instances from upfront recognition.

We currently believe the net change in Windows 10 revenue from period to period is indicative of the net change in revenue we expect from the adoption of the new standard.

Constant Currency

Microsoft presents constant currency information to provide a non-GAAP framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period non-GAAP results for entities reporting in currencies other than United States dollars are converted into United States dollars using the average exchange rates from the comparative period rather than the actual exchange rates in effect during the respective periods. The non-GAAP financial measures presented below should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. All growth comparisons relate to the corresponding period in the last fiscal year.

Financial Performance Constant Currency Reconciliation

Three Months Ended September 30
($ in millions, except per share amounts) Revenue Operating Income Net Income Diluted Earnings per Share
2015 As Reported (GAAP) $ 20,379 $ 5,793 $ 4,902 $ 0.61
2015 As Adjusted (non-GAAP) $ 21,660 $ 7,074 $ 5,661 $ 0.70
2016 As Reported (GAAP) $ 20,453 $ 5,225 $ 4,690 $ 0.60
2016 As Adjusted (non-GAAP) $ 22,334 $ 7,106 $ 5,989 $ 0.76
Percentage Change Y/Y (GAAP) 0% (10)% (4)% (2)%
Percentage Change Y/Y (non-GAAP) 3% 0% 6% 9%
Constant Currency Impact $ (341) $ (256) $ (209) $ (0.03)
Percentage Change Y/Y (non-GAAP) Constant Currency 5% 4% 10% 13%

Segment Revenue Constant Currency Reconciliation

Three Months Ended September 30
($ in millions) Productivity and Business Processes Intelligent Cloud More Personal Computing
2015 As Reported (GAAP) $ 6,306 $ 5,892 $ 9,462
2016 As Reported (GAAP) $ 6,658 $ 6,382 $ 9,294
Percentage Change Y/Y (GAAP) 6% 8% (2)%
Constant Currency Impact $ (125) $ (119) $ (97)
Percentage Change Y/Y (non-GAAP) Constant Currency 8% 10% (1)%

 


 

Selected Product and Service Revenue Constant Currency Reconciliation

Three Months Ended September 30
Percentage Change Y/Y (GAAP) Constant Currency Impact Percentage Change Y/Y (non-GAAP) Constant Currency
Office commercial products and cloud services 5% 3% 8%
Office 365 commercial 51% 3% 54%
Office consumer products and cloud services 8% 0% 8%
Dynamics products and cloud services 11% 2% 13%
Server products and cloud services 11% 2% 13%
Azure 116% 5% 121%
Enterprise Services 1% 1% 2%
Windows OEM 0% 0% 0%
Windows commercial products and cloud services 0% 2% 2%
Phone (72)% 1% (71)%
Gaming (5)% 1% (4)%
Search advertising excluding traffic acquisition costs 9% 1% 10%

Commercial Cloud Annualized Revenue Run Rate

Commercial cloud annualized revenue run rate is calculated by taking revenue in the final month of the quarter multiplied by twelve for Office 365 commercial, Azure, Dynamics Online, and other cloud properties.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) is the leading platform and productivity company for the mobile-first, cloud-first world and its mission is to empower every person and every organization on the planet to achieve more.

Forward-Looking Statements

Statements in this release that are “forward-looking statements” are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors such as:

  • intense competition in all of Microsoft’s markets;
  • increasing focus on services presents execution and competitive risks;
  • significant investments in new products and services that may not be profitable;
  • acquisitions, joint ventures, and strategic alliances may have an adverse effect on our business;
  • impairment of goodwill or amortizable intangible assets causing a significant charge to earnings;
  • Microsoft’s continued ability to protect and earn revenues from its intellectual property rights;
  • claims that Microsoft has infringed the intellectual property rights of others;
  • the possibility of unauthorized disclosure of significant portions of Microsoft’s source code;
  • cyber-attacks and security vulnerabilities in Microsoft products and services that could reduce revenue or lead to liability;
  • disclosure of personal data that could cause liability and harm to Microsoft’s reputation;
  • outages, data losses, and disruptions of our online services if we fail to maintain an adequate operations infrastructure;
  • government litigation and regulation that may limit how Microsoft designs and markets its products;
  • potential liability under trade protection and anti-corruption laws resulting from our international operations;
  • laws and regulations relating to the handling of personal data may impede the adoption of our services or result in increased costs, legal claims, or fines against us;
  • Microsoft’s ability to attract and retain talented employees;
  • adverse results in legal disputes;
  • unanticipated tax liabilities;
  • Microsoft’s hardware and software products may experience quality or supply problems;
  • exposure to increased economic and operational uncertainties from operating a global business, including the effects of foreign currency exchange;
  • catastrophic events or geo-political conditions may disrupt our business; and
  • adverse economic or market conditions may harm our business.

For more information about risks and uncertainties associated with Microsoft’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of Microsoft’s SEC filings, including, but not limited to, its annual report on Form 10-K and quarterly reports on Form 10-Q, copies of which may be obtained by contacting Microsoft’s Investor Relations department at (800) 285-7772 or at Microsoft’s Investor Relations website at http://www.microsoft.com/en-us/investor.

All information in this release is as of October 20, 2016. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company’s expectations.

Note to editors: For more information, news and perspectives from Microsoft, please visit the Microsoft News Center at http://www.microsoft.com/news. Web links, telephone numbers, and titles were correct at time of publication, but may since have changed. Shareholder and financial information, as well as today’s 2:30 p.m. Pacific time conference call with investors and analysts, is available at http://www.microsoft.com/en-us/investor.

News Center

postheadericon First Twitter-controlled Android botnet discovered

Detected by ESET as Android/Twitoor, this malware is unique because of its resilience mechanism. Instead of being controlled by a traditional command-and-control server, it receives instructions via tweets.

The post First Twitter-controlled Android botnet discovered appeared first on WeLiveSecurity.


English – WeLiveSecurity

postheadericon Auto industry publishes first ever cybersecurity best practices

The auto industry has published its first set of cybersecurity best practices, as it attempts to combat rising and future threats facing the connected car.

The post Auto industry publishes first ever cybersecurity best practices appeared first on We Live Security.


English – We Live Security

postheadericon Pokémon GO hype: First lockscreen tries to catch the trend

ESET has discovered the first ever fake lockscreen app on Google Play, named Pokemon GO Ultimate. As its characteristics suggest, it deliberately locks the screen right after the app is started forcing the user to restart the device.

The post Pokémon GO hype: First lockscreen tries to catch the trend appeared first on We Live Security.


English – We Live Security

postheadericon Ransomware: First files … now complete devices

Over the past year, cases of ransomware have gained prominence in the field of computer security due to a notable growth in the number of victims. This is, in turn, due to the significant profits that cybercriminals can obtain from this type of malicious campaign.

The post Ransomware: First files … now complete devices appeared first on We Live Security.


English – We Live Security

postheadericon My First Ride With Appendix Carry, Part 1

I’ve always carried around the 4 o’clock position, IWB. It’s been that way since nearly the beginning. Every time we get a new holster to review, it’s distributed to a writer. Sometimes it’s me, sometimes it’s not. I decided to do my first review of an appendix carry holster, and it’s also my first time truly carrying in that fashion.

Why have I never done it before? It’s not because I don’t like it, it’s really because I find myself driving a lot. It’s uncomfortable for me while sitting in the car, so that’s why IWB around 4 is my preferred method (among many other reasons).

The holster is from a company called Accelerated Solutions, and they make some great products. This isn’t the review of the holster… just pointing that out. That’ll be out in the coming weeks.

I’m a small guy, and a gun up front –even a small one– takes up a good portion of the area. It’s comfortable, but it’s sometimes difficult to not print with just a t-shirt on. After all it’s almost summer, and I won’t be walking around in a jacket.

I spent nearly a decade working in banking. I was on my feet a lot and could see appendix carry being a solid option in that environment. The employer probably wouldn’t have liked it, but concealed means…

It’s just that dang sitting… I’ll be back in a few weeks with some more thoughts.

Concealed Nation