Friday, October 29, 2021

Huawei reports Q3 revenue fell 38% YoY to $21.2B, the fourth straight quarter of declining sales, and ~$2.3B net income, as US sanctions continue to bite (Bloomberg)

Bloomberg:
Huawei reports Q3 revenue fell 38% YoY to $21.2B, the fourth straight quarter of declining sales, and ~$2.3B net income, as US sanctions continue to bite  —  - Quarterly revenue declines 38% after blacklisting by the U.S.  — Weakness at consumer business is driving the sales drop



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China's CNVD says it found "security backdoor vulnerabilities" in Claude Code that "send sensitive information" like "location and identity to remote servers" (Raffaele Huang/Wall Street Journal)

Raffaele Huang / Wall Street Journal : China's CNVD says it found “security backdoor vulnerabilities” in Claude Code that “send sensi...