Tuesday, 9 February 2016

Apple Has Fixed Bug That Was Crashing Safari, At Least On OS X



Just a day after the website that crashes Safari made the rounds on social media, Apple has already issued a fix according to BuzzFeed News. I tried loading the page that crashes your browser (crashsafari.com), and it looks like the issue is fixed, at least on OS X.
Now, when you load the website in Safari for OS X, the page loads indefinitely. You can just close the tab and move on with your digital Internet web browsing.
As a reminder, CrashSafari loads a tiny bit of JavaScript that makes the address longer by adding characters, creating an incredibly long address. After a while, Safari didn’t know how to handle this address and simply crashed. Here’s the JavaScript loop:
var total = "";
for( var i = 0; i < 100000; i++ ) {
total = total + i.toString();
history.pushState(0,0, total );
}
On iOS, the issue is a bit more problematic. Going to the website in Safari crashes iOS. I’ve tried clearing my cache and loading the website, but my iPhone is still crashing. It’s unclear whether we have to wait for Apple’s next iOS update.
If you accidentally click on a CrashSafari link on your iPhone, the good news is that you can still use Safari after your iPhone reboots. Safari won’t try to reload the website again.

eBay Crashes Nearly 10% As Revenue Remains Flat



Investors clearly don’t like what they see with eBay, which reported its fourth-quarter earnings today — sending shares down around 10% in extended trading.
The company said it had earnings of 50 cents per share on revenue of $2.3 billion. Analysts were expecting earnings of 50 cents a share on revenue of $2.32 billion. Net revenue hardly changed from the same quarter last year, and gross merchandise volume remained basically unchanged as well. In order to continue growing its business, it needs those numbers to keep going up, and that’s something that investors are clearly paying close attention.
What that could signal was a weaker holiday quarter — which is crucial for e-commerce companies — than what people were hoping.
eBay split from PayPal last year, essentially turning it into a new company without the payments service buoying it. Since the split, the company’s shares have performed so-so. The company’s services didn’t grow, but they didn’t decline, either.
There are probably a lot of additional forces at play in tech across the board, including what might be a lighter holiday season and major negative macroeconomic trends. But it still seems that what eBay is doing isn’t what investors are looking for, as the company increasingly competes with companies like Amazon.
And if you’re competing with Amazon, you need the amount of things people are selling — or at least, the amount of money you’re making off your total sales — to keep going up.

PayPal Shares Up 6% On Earnings; Revenue Rises 17%



PayPal reported earnings after the bell Wednesday, and the stock quickly ticked up 6% in after hours trading.
The payments company authorized a $2 billion stock repurchase program and reported revenue and earnings that exceeded the company’s full year guidance.
PayPal’s fourth quarter adjusted revenue came in at $2.56 billion, up 17% year-over-year. Adjusted net income was $443 million or 36 cents per share, showcasing 27%  growth since the same quarter last year. Analysts surveyed by Thomson Reuters were forecasting 35 cents per share on $2.51 billion in revenue.
Spun off from eBay last July, PayPal has fallen 22% since its high last summer. PayPal is the bigger of the two companies, with a market cap of $39 billion. eBay stands at $32 billion.
While some people view PayPal as the digital payments platform of yesteryear, they often don’t recognize that PayPal owns Braintree, the mobile payments system that powers scores of apps, ranging from Uber to Airbnb. In other words, every time you take an Uber, PayPal makes money!
PayPal is also the owner of Venmo, a peer-to-peer mobile payments app that is very popular with Millennials. Venmo has done little to monetize, but it is expanding these initiatives.
Yet it is a competitive landscape for digital payments, as Apple, Square and Android continue to make strides in this space.
James Cakmak, analyst at Monness Crespi Hardt, wrote in a research note on Monday that “PayPal’s competitors function on a far leaner basis and we believe the company can operate with significantly more efficiency.”
On the investor relations call Wednesday, PayPal CEO Dan Schulman said “payments is a hard business to crack,” adding “our biggest competition is our ability to execute against our game plan.”
PayPal also acquired Xoom last year, a company that specializes in overseas transfers.
PayPal shares closed Wednesday at $31.59.

Facebook Spikes 12% After Smashing Q4 Earnings



Facebook shares are spiking today, and were up as much as 13 percent after the company reported its fourth-quarter earnings.
The culprit? Once again, the company completely crushed expectations for its operating quarter. Facebook brought in $5.841 billion in revenue and earnings of 79 cents per share, compared to earnings of 68 cents per share and $5.37 billion in revenue.
Facebook also revealed a slew of new strong stats, and said that users are watching 100 million hours of video every single day. Eighty percent of the company’s advertising business now comes from mobile devices. Part of the reason for the quarter’s success was that the company did a much better job of monetizing its international markets, which it’s somewhat struggled with historically.
A good stock price does a number of things for a company, but one key element is keeping morale high and helping Facebook attract new talent.
Facebook is competing with the largest technology companies in the world, holding itself at a more than $200 billion market cap. A good stock price at least helps keep that new talent flowing in as Facebook looks to continue iterating its products and bring the rest of the world online.
Like Apple, Facebook’s CFO mentioned that there was some impact from foreign exchange rates — an issue companies are seeing broadly these days — but it seems that Facebook was at least partially immune to broad-based macroeconomic weakness.
So all this is pretty good news for Facebook. While many other technology companies like Square, Twitter and even Apple are falling, Facebook came out the gate swinging and was promptly rewarded by investors, who are increasingly looking for monetary progress instead of simple growth.
In fact, Facebook’s user base didn’t actually grow that much, but its monetization engine continues to improve, and it has started multiple efforts to get the rest of the world online to greater expand the base of users it can inevitably monetize. While other companies are trying to focus on growth and figure out the monetization engine later, Facebook’s focus has to be improving its advertising products — which it appears to be succeeding in thus far.

SpaceX Tests Parachutes That Will Bring Astronauts Back To Earth




Today, NASA released footage from one of SpaceX’s final certification tests required under the Commercial Crew Program. The drop test, performed in Coolidge, Arizona, involved the four large parachutes that are part of SpaceX’s Crew Dragon landing system.
For the drop test, the parachute assembly was carried thousands of feet above the ground on board a C-130 cargo aircraft. A weight was used in place of SpaceX’s Crew Dragon spacecraft, and the parachutes were rigged to deploy as they would when Crew Dragon returns astronauts from the International Space Station.
In the video, a NASA representative states that “tests like this allow engineers to assess the reliability of flight-like hardware.”
This particular drop test did not include Crew Dragon’s drogue parachutes, which SpaceX will ultimately use in its full landing system design. Drogue chutes will be deployed before the 4 main chutes in order to slow and stabilize the capsule as it descends.
An earlier parachute drop test was performed in December of 2013, before the necessary human-rated modifications were made to create Crew Dragon. In the 2013 drop test, a helicopter carried the Dragon capsule and its parachute system to an altitude of 8,000 feet above Morro Bay, California and dropped it into the Pacific Ocean. At the time, the parachute system included 2 drogue parachutes and 3 main parachutes.
Over 2 years later, SpaceX has modified the original Dragon design to create the human-rated Crew Dragon version, which will use drogue parachutes and 4 main parachutes.
Initially, SpaceX will use Crew Dragon and its parachute system to splash down the crew safely in the ocean, similar to the landing strategy used during the Apollo era.
Eventually, however, SpaceX plans to bring astronauts back to land with a propulsive strategy.
Back in November, SpaceX completed a hover test with Crew Dragon and its SuperDraco engines. The company has noted that a propulsive landing strategy is an important capability if you ever want to land humans on a planet without an ocean, like Mars. With Elon Musk at the SpaceX helm, a man who has often said his end goal is to get to Mars, this landing strategy is unsurprising.
In a blog post today, NASA stated that “later tests will grow progressively more realistic to simulate as much of the actual conditions and processes the system will see during an operational mission.”
SpaceX and Boeing, the other Commercial Crew Program contract winner, are working to perfect their human-rated spacecraft and relieve the U.S. reliance on Russia for rides to the International Space Station.
Assuming no anomalies in future tests, NASA hopes to have a reliable ride to the space station from a U.S. company by the end of 2017.

 

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