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Today’s top tech stories

The Guardian reports that Sony, in its fourth revision, is forecasting a £4bn net loss for the year ending March 2012. This is double an earlier forecast figure and the fourth consecutive year that Sony has posted losses. This change in fortune is attributed to companies such as Apple and Samsung taking control of some markets, and demand for consumer products like televisions dropping. The company is planning to cut 10, 000 jobs, which equates to around 6 per cent of its workforce, in the near future. Sony’s chief executive, Kazuo Hirai, has stated that he is prepared to take painful steps to revive the ailing electronics company and has said that he will not hesitate withdraw from businesses he deemed uncompetitive. The company believes that it will turn profit in the year ending March 2013, with operating profits of around £1.4bn.

The value of technology company Apple has reached $600bn writes The Telegraph. The only other company that has reached this mark is Microsoft in 1999, at the height of the dotcom boom. Wall Street is expecting Apple to show more than a 50 per cent increase in profits to $9.2bn when its first quarter results are posted later this month. With Apple launching a television product, and the announcement that last month it will begin paying a dividend, has caused some experts on Wall Street to believe that Apple shares will be trading at $1,000 within a year. Shares in Apple closed down at $628.44 yesterday, after having climbed as high as $644 earlier the same day.

 

 

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International researchers have discovered serious vulnerabilities within 10 different types of medical implants – with potentially fatal consequences, reports BBC.co.uk. The researchers, hailing from the University of Leuven in Belgium and the University of Birmingham, identified the vulnerabilities within the... Read more

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60 per cent of security leaders say their organisations were or may have been victim of at least one targeted social engineering attack in the past year, reports SCMagazineUK.com. Furthermore, 65 per cent of those who were attacked say that... Read more

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Approximately 26,500 National Lottery accounts are feared to have been hacked, reports BBC.co.uk. The firm said it did not believe its own system had been compromised, but rather that the players’ login details had been stolen from elsewhere. The company... Read more

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As many as 12 million Britons have been victims of cyber-crime, reports TheInquirer.net. The research, undertaken by Equinti, took the view of 2,100 people regarding their attitudes to mobile banking. Liam McGrath, chief operating officer at Equinti, said, “Mobile devices such... Read more

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The UK has seen a surge in demand for skilled technology visas in recent months in a boost to the British tech industry’s demands for special treatment on immigration after the Brexit vote, reports Telegraph.co.uk. Tech City UK, the government... Read more