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Telecommunications Regulatory Authority clarifies the new feature in iOS14

Business|UAE|Technology|: Dubai: UAE Telecommunications Regulatory Authority have published on Sunday a clarification about the new small green or yellow dot that is appearing on top right of the screen near signal strength on their iphones screens in past two days. The clarifications states that with the new iOS 14 "when you see the green or orange dot on the top of the iPhone screen after updating to iOS 14 that is an alert that the app you're using have started to use either your camera (green) or microphone (orange)." See more Midas touch: Singapore exchange touts gold to the masses Photos: Dubai cruise industry ready to set sail again Why Dubai is a ‘rising giant’ of global hotel industry This feature was added by apple for security TRA added "If you notice that the marks appears even though it is not needed, this may mean that the application is trying to open the camera or microphone without your permission, and if this happens, we recommend that you either contact the application developer for clarification or deleting the application and reporting it to the App store." Apple have released its fourteenth operating system for their iPhone and iPod, iOS 14, at the company's Worldwide Developers Conference on June 22, 2020 as the successor to iOS 13.  The new mobile operating system aim was all about making data safer than ever. The indicator is one of a number of new privacy features in iOS 14, with Apple saying privacy is "a fundamental human right and at the core of everything we do". Many various features were introduced to boost your security and privacy and here are some of them 1) Know when Apps use your camera and mic: With iOS 14 update you will see an indicator dot in the top right of the screen, green means camera and yellow means microphone. With this new feature it will be impossible for apps to make recordings or take pictures without your knowledge. If you drag down from the top right corner of the iPhone display to open up Control Center, you'll see information about the apps that most recently used your camera or microphone, if you want to double check. 2) Limit access to photos and location: In iOS 14, a new feature allow you to give you approximate location to apps that need to know where you are in order to function properly—without giving away exactly where you are. So you will be able to change your location setting so it only shows your approximate location, rather than exact location, useful for things like weather and news alerts. 3) Safe passwords: Your phone will also keep track of the passwords you have saved and tell you if one of them has been compromised. The company said it "uses strong cryptographic techniques to regularly check derivations of your passwords against a list of breached passwords, in a secure and private way that doesn't reveal your password information, even to Apple".

GulfNews Technology

China’s ByteDance gets Trump nod to avoid TikTok shutdown

Technology|: Washington/New York: US President Donald Trump said on Saturday he supported a deal in principle that would allow TikTok to continue to operate in the United States, even as it appeared to conflict with his earlier order for China’s ByteDance to divest the video app. ByteDance was racing to avoid a crackdown on TikTok after the U.S. Commerce Department said on Friday it would block new downloads and updates to the app come Sunday. U.S. officials had expressed concern that the personal data of as many as 100 million Americans that use the app were being passed on to China’s Communist Party government. Trump signed an executive order on Aug. 14 giving ByteDance 90 days to sell TikTok. The deal announced on Saturday, however, is structured as a partnership rather than a divestment. US ownership TikTok will be owned by a new company called TikTok Global and will be headquartered in the United States, possibly in Texas, Trump said. Oracle Corp will take a 12.5% stake in TikTok Global and store all its U.S. user data on its cloud to comply with U.S. national security requirements, the companies said. Retail giant Walmart said it would take a 7.5% stake in TikTok Global. The implied valuation for TikTok Global as a result of these investments could not be learned. While Oracle and Walmart said that TikTok Global will be majority-owned by U.S. investors, this is the case only if one takes into account ByteDance’s investor base, according to a source familiar with the matter who requested anonymity to discuss the deal’s structure. This is because ByteDance will own 80% of TikTok Global, the source said. Given that U.S. investors currently own about 40% of ByteDance, the White House will count that towards how much of TikTok Global is owned by U.S. parties, the source added. As a result, Oracle, Walmart, and ByteDance’s U.S. investors will own, directly or indirectly, about 53% of TikTok Global, a second source said. Beijing-based ByteDance did not immediately respond to a request for comment. Walmart and Oracle also did not offer more information on TikTok Global’s ownership structure. Why compromise It was not immediately clear what spurred the White House to compromise on its push for an outright sale of TikTok. However, the deal comes with pledges that cater to Trump’s ‘America First’ policy agenda. It also averts alienating TikTok’s young users ahead of the Nov. 3 U.S. election. ByteDance agreed to create 25,000 new U.S. jobs at TikTok, up from a little over 1,000 now. Trump, who had previously called on companies such as Oracle and Walmart to pay the United States a “fee” to participate in the TikTok deal, said there would also be a $5 billion U.S. education fund as part of the deal. “I said, you know, do me a favor, could you put up $5 billion into a fund for education so we can educate people as to the real history of our country, not the fake history,” Trump told a rally of supporters in Fayetteville, North Carolina on Saturday. Oracle and Walmart described the agreement differently. They said that together with ByteDance top investors General Atlantic, Sequoia and Coatue they would create an educational initiative to deliver an artificial-intelligence driven online video curriculum for children, from basic reading and math to science, history and computer engineering. The companies did not say how much they would spend on the education initiative. However, they said TikTok Global would pay more than $5 billion in new taxes to the U.S. Treasury. While ByteDance will get to keep TikTok’s source code under the deal, Oracle will get to inspect it. Oracle CEO Safra Catz said her company was “100% confident in our ability to deliver a highly secure environment to TikTok and ensure data privacy to TikTok’s American users, and users throughout the world.” Catz served on Trump’s transition team in 2016, while Oracle’s co-founder and chairman Larry Ellison is one of the few top technology executives to openly support the U.S. president.

GulfNews Technology

3 bold moves CFOs can make today to outperform the market

Technology|: For years, finance leaders have been seeking ways to leverage technology to make their organisations future-ready. The current pandemic exposed the shortcomings of outdated platforms and accelerated the pace of innovation, even as some organisations battle for their very lives. The bold moves are drawn from research conducted by McKinsey & Co. on the financial performance of 1,500 companies following the global financial crisis of 2007-2009 to understand how the top 25 per cent in terms of total returns to shareholders were able to outperform their competitors after the downturn. These “resilients”, the research found, shared key characteristics, including an aggressive approach to reallocating resources and investing in productivity initiatives within the organisation. Bold move #1 Adopt a transformation mindset when reallocating resources The upside to any economic crisis is that it presents a logical and necessary opportunity to rethink every aspect of the business. Contrary to what one might think, now is not the time to invest resources in small, incremental adjustments; rather, it’s the time to focus on bold, transformational moves that can deliver outsize productivity gains and returns on investment. Bold moves during a crisis also require powerful tools, yet many companies found themselves ill-equipped to maintain the business, let alone accelerate innovation. Many Oracle customers were running on-premises systems from the early 2000s, which lack crucial capabilities that are integrated into Oracle’s current Cloud ERP. The current generation of Cloud ERP software is giving companies outsize productivity gains now — when they are desperately needed — as well as the flexibility to adopt new business models that support subscription-based revenue streams or digital sales channels. Getting on the cloud today also provides access to continuous innovations being architected now into the software’s road map, from digital assistants and chatbots to AI-driven predictive and prescriptive analytics. Bold move #2 Pursue pragmatic M&A and divestitures to improve the company’s portfolio Based on McKinsey’s research of the past and assessment of current conditions, the economic downturn is an ideal opportunity to embark on a programmatic approach to mergers, acquisitions and divestitures that can increase your business’ competitive advantage. Organisations using outdated technologies will be challenged to gain visibility into the profitability of their current business models, assess the potential of new M&A activities or spin-offs, and operationally support the choices they make. Oracle uses its own Cloud ERP to support its M&A strategy and realise expected synergies. Oracle is very acquisitive, and we have been buying a number of companies over the years, over 100-plus in the past 20 years — many of them large-sized organisations. More than 25 of those acquisitions were completed during the great recession of 2007-2009, to support Oracle’s pivot into enterprise applications and hardware. The true cloud financial management systems are continuously updated with the latest capabilities to provide scalability and flexibility, rapidly integrate new entities, and provide the ability to model the impact of individual acquisitions or divestitures on both the bottom and top lines. Bold move #3 Boost productivity through digitisation Innovation in finance has been a priority for years but has now become urgent as a result of the pandemic. More digitisation and automation of finance processes have long been on the to-do list of finance leaders. According to the McKinsey report Get in front of digital finance, more than 75 per cent of tasks can be automated in areas such as cash disbursement, revenue management, and general accounting operations. As organisations move towards digitisation and high levels of automation, the importance of advanced data and analytics to drive visibility and collaboration across an organisation has never been higher. At Oracle, our strategy has always been to provide a single integrated service: connected enterprise, connected data, connected view of the business processes to help you actually drive these big transformations. The view from the front office to the back office is critical, not just to operationalise all these new business models, but to also help manage ongoing changes. Through a single unified platform that facilitates more automation and better collaboration, CFOs and finance teams can more easily adopt modern practices such as continuous forecasting and planning, and predictive capabilities to better respond to the next crisis. Plus, they gain the ability to execute more work remotely — such as the critical task of closing the books. Oracle was able to increase productivity during the pandemic, shortening the monthly close by an additional 20 per cent while working from home. In fact, Oracle is reaping the benefits of its own cloud solutions across hundreds of processes, every day. Next steps for reimagining finance Finance teams in every organisation must move towards resiliency and finance reimagination at their own pace. There is no cookie-cutter approach. Covid-19 won’t be the last of the disruptions businesses must contend with. It’s important for them to re-evaluate and rebuild their business models to be more resilient. Yet resilience is no longer about having the cash reserves and resources to weather disruption right now – it’s about building an infrastructure that is flexible, cloud-based and automated to deal with constant, unrelenting change. Here’s how you can start building business resilience with Oracle Cloud Applications The writer is Executive Director, ERP and EPM Product Marketing at Oracle

GulfNews Technology

TikTok files complaint against Trump administration to block US ban

Technology|: Washington: Popular video-sharing app TikTok has asked a US judge to block the Trump administration from enforcing a ban on the Chinese social media network, according to court documents filed late on Friday. TikTok and its parent company, ByteDance Ltd., filed a complaint in a Washington federal court challenging the recent prohibitory moves by the Trump administration. See more Photos: New products, services rolled out by Apple Get set to climb UAE’s tallest restaurant location from October 1 Mexico holds symbolic raffle for unwanted presidential jet Chinese firms bet on plant-based meat as COVID-19 fuels healthy eating trend With airline fleets grounded, plane recyclers bet on parts boom The US Commerce Department announced a ban on Friday blocking people in the United States from downloading Chinese-owned messaging app WeChat and TikTok starting Sept. 20. The ban was being introduced for political reasons, TikTok and ByteDance alleged in their complaint. TikTok also said the ban would violate the company’s First Amendment rights. US President Donald Trump, who has been locked in a long-running trade dispute with China, issued an executive order on Aug. 6 that prohibited U.S. transactions with the Chinese owners of messaging app WeChat and TikTok. Both ByteDance and TikTok are seeking a “declaratory” judgment and an order “invalidating and preliminarily and permanently enjoining the Prohibitions and the August 6 order,” according to the complaint. The White House did not immediately respond when Reuters contacted it for comment early on Saturday. TikTok, which has over 100 million users in the United States, said the ban would “irreversibly destroy the TikTok business in the U.S.”