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AM Prep-Cyber Corner

August 3, 2018

IN THE NEWS: APPLE REACHES $1 TRILLION MARK

SAN FRANCISCO (AP) — Not bad for a company started in a garage by a couple of guys named Steve. Apple has become the world’s first publicly traded company to be valued at $1 trillion. Shares of the tech company rose nearly $6 yesterday to close at $207.39. And that leaves the company’s value at a tad over $1 trillion — more than enough to put it atop the U.S. stock market, where tech firms dominate. After Apple in the top five are Amazon, Google’s parent firm Alphabet, Microsoft and Facebook. Hard to believe now, but in 1997 Apple teetered on the verge of bankruptcy — when its stock traded for less than $1.

IN THE NEWS: LAWMAKERS AND CYBERSECURITY

NEW YORK (AP) — Senior intelligence officials say foreign adversaries still have U.S. elections in their crosshairs. And some lawmakers are finding they are targeted more than others. For example, Kamala Harris has been hit by social media misinformation campaigns since she became a U.S. senator. An aide says every month for the past year and a half, her office has found between three and five Facebook profiles pretending to be Harris’. It’s unclear who creates them. But the intent is clear; to mislead voters about the Democrat’s policies and positions. Such online mischief is now common in U.S. politics. Earlier this week, Facebook announced it uncovered sophisticated efforts, possibly linked to Russia, to influence U.S. politics on its social networking platforms.

ON THE WEB: GOOGLE AND CHINA

CYBERSPACE (AP) — Google is said to be working on a mobile version of its search engine that will comply with strict censorship controls in China. Several media reports say the work on the new search tool has been under way since spring of last year — and was stepped up in December. One report, in The Intercept, says Google has developed a custom version of its Android app that will automatically filter sites blocked by China’s so-called “Great Firewall.” Google hasn’t offered search services in China since it largely exited the country in 2010.

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Online:

Google site: http://www.google.com

IN STORES: BROOKSTONE - BANKRUPTCY

UNDATED (AP) — They are a staple at many larger airports and upscale malls: Brookstone stores. But now the company is trying to stay alive in this digital age. And Brookstone is doing that by filing for Chapter 11 bankruptcy protection again — and by closing all 101 of its stores located in malls. That will leave just airport outlets and online sales for people to browse through and — Brookstone hopes — buy from their line of cool but often pricey and non-essential gadgets.

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Online:

Brookstone site: http://www.brookstone.com

by Oscar Wells Gabriel II

Follow Oscar Wells Gabriel II on Twitter at https://twitter.com/OWGabriel2

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