What’s Hot in Tech News… The July Edition

July 31, 2018 The TNS Group

Don’t have time to keep up with the tech headlines of the month? Don’t worry TNS has you covered! Here is the top tech news from July.

Social Media App Timehop Experienced a Breach This Month

The app that shows users past social media posts, reported that 21 million users were affected by the hack. The hackers accessed users’ names, numbers, email addresses and in some cases login in information to various social accounts. Timehop blames the breach on inefficient cloud security.

YouTube is Taking Steps to Eliminate Fake News

The video sharing site reported that they are going to push forward reputable news sources when big news stories break. This change is part of their initiative to create a “better news experience” for users. The site will provide links to news articles so users can find quality information about a trending story.

Microsoft is Introducing a Tablet to Compete with the Apple iPad and MacBook Pro

The Microsoft Surface Go is a 10-inch laptop/tablet hybrid that weighs a little over a pound. The tablet runs a full version of Windows 10 and can be converted into a laptop with the additional purchase of a keyboard type cover. Microsoft claims the tablet is more functional than an iPad and more versatile than a MacBook.

A Security Breach at Cryptocurrency Startup Bancor Cost the Company $13.5 Million

A security breach at cryptocurrency startup Bancor cost the company about $13.5 million. Hackers gained access to a wallet used to upgrade smart contracts and withdrew the funds in cryptocurrency Ethereum. Bancor is still investigating the incident, but they were able to freeze $10 million of the tokens once they noticed they had been hacked.

Walmart is Reportedly Creating a Streaming Service to Compete with Netflix and Amazon Prime

The service will cost as little as $8 a month, which is significantly lower than competitors in the industry. Walmart is also considering a free version of the service that will stream ads. The roll out may occur through Walmart’s streaming subsidiary Vudu, which Walmart acquired in 2010.

Google Translate Could be Google’s Next Big Product

The service now translates about 143 billion words per day, and saw a spike in use during the World Cup. The increase in usage has caught the attention of advertisers. The service currently does not support ads, but with the sudden increase in usage Google is considering opening it up to ads.

Check back next month for more tech hot news!

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