Beef Supplier JBS Paid Hackers $11 Million Ransom After Cyberattack – Tempemail

Meat processing company JBS on Wednesday confirmed it paid extortionists $11 million in bitcoins to regain access to its systems following a destructive ransomware attack late last month. “In consultation with internal IT professionals and third-party cybersecurity experts, the company made the decision to mitigate any unforeseen issues related to Continue Reading

T-Systems Invites Submissions for Enterprise Supplier Development Program | Tempemail

T-Systems South Africa invites qualifying small businesses to submit their bids to join the T-Systems Enterprise and Supplier Development (ESD) Program. The closing date for submissions is 12 noon on the 31st of August 2020.  The T-Systems ESD Program is aimed at developing Exempt Micro Enterprise (EME) and Qualifying Small Continue Reading

Apple supplier Foxconn’s revenue hammered by coronavirus fallout – Hardware- Tempemail

Apple’s manufacturing partner Foxconn reported its biggest monthly drop in revenue in about seven years on Thursday as the coronavirus outbreak continued to play havoc with its business. The Taiwanese company, which assembles Apple’s iPhones, saw revenue sink 18.1 percent in February compared with a year earlier – the biggest Continue Reading

China’s Shenzhen denies blocking Apple supplier Foxconn from resuming production – Benchmarking Change – Hardware- Tempemail

Local Chinese authorities have not blocked Apple supplier Foxconn from resuming production amid a coronavirus outbreak, they said in a statement on Sunday, denying an earlier report in the Nikkei Business Daily. The Nikkei, citing four people familiar with the matter, said on Saturday that public health experts had carried Continue Reading

Apple supplier LG Display posts fourth quarterly loss in a row – Finance – Hardware- Tempemail

Apple supplier LG Display reported its fourth quarterly operating loss in a row on Friday, hit by lower liquid crystal display (LCD) panel prices and restructuring costs. The South Korean company posted a loss of 422 billion won (A$536.4 million) in the October-December quarter, compared with an operating profit of Continue Reading