China trade sur­plus with U.S. widens Ex­ports to the United States' mar­ket rose by 13 per­cent amid a wors­en­ing tar­iff war

The so­cial me­dia com­pany says hack­ers ac­cessed in­for­ma­tion in­clud­ing emails, phone num­bers and other per­sonal de­tails Links frozen amid re­ports that jour­nal­ist Ja­mal Khashoggi may have been mur­dered

Tulsa World - - Work&money - By Mae An­der­son By Joe McDon­ald By Danica Kirka Bei­jing's the

NEW YORK — Face­book says hack­ers ac­cessed a wide swath of in­for­ma­tion — rang­ing from emails and phone num­bers to more per­sonal de­tails like sites vis­ited and places checked into — from mil­lions of ac­counts as part of a se­cu­rity breach the com­pany dis­closed two weeks ago.

Twenty-nine mil­lion ac­counts had some form of in­for­ma­tion stolen. Orig­i­nally Face­book said 50 mil­lion ac­counts were af­fected, but that it didn't know if they had been mis­used.

The news comes at a jit­tery time ahead of the midterm elec­tions when Face­book is fight­ing off mis­use of its site on a num­ber of fronts. The com­pany said Fri­day there's no ev­i­dence this is re­lated to the midterms.

On Fri­day Face­book said hack­ers ac­cessed names, email ad­dresses or phone num­bers from these ac­counts. For 14 mil­lion of them, hack­ers got even more data, such as home­town, birth­date, the last 10 places they checked into or the 15 most re­cent searches.

An ad­di­tional 1 mil­lion ac­counts were af­fected, but hack­ers didn't get any in­for­ma­tion from them.

Face­book isn't giv­ing a break­down of where these users are, but says the breach was “fairly broad.” It plans to send mes­sages to peo­ple whose ac­counts were hacked.

Face­book said third­party apps that use a Face­book lo­gin and Face­book apps like What­sApp and In­sta­gram were un­af­fected by the breach.

Face­book said the FBI is in­ves­ti­gat­ing, but asked the com­pany not to dis­cuss who may be be­hind the at­tack. The com­pany said it hasn't ruled out the pos­si­bil­ity of small­er­scale at­tacks that used the same vul­ner­a­bil­ity.

Face­book has said the at­tack­ers gained the abil­ity to “seize con­trol” of those user ac­counts by steal­ing dig­i­tal keys the com­pany uses to keep users logged in. They could do so by ex­ploit­ing three dis­tinct bugs in Face­book's code.

The hack­ers be­gan with a set of ac­counts they con­trolled, then used an au­to­mated process to ac­cess the dig­i­tal keys for ac­counts that were “friends” with the ac­counts they had al­ready com­pro­mised. That ex­panded to “friends of friends,” ex­tend­ing their ac­cess to about 400,000 ac­counts, and went on from there to reach 30 mil­lion ac­counts. There is no ev­i­dence that the hack­ers made any posts or took any other ac­tiv­ity us­ing the hacked ac­counts.

The com­pany said it has fixed the bugs and logged out af­fected users to re­set those dig­i­tal keys.

At the time, CEO Mark Zucker­berg — whose own ac­count was com­pro­mised — said at­tack­ers would have had the abil­ity to view pri­vate mes­sages or post on some­one's ac­count, but there's no sign that they did.

Face­book Vice Pres­i­dent Guy Rosen said in a call with re­porters on Fri­day the com­pany hasn't ruled out the pos­si­bil­ity of smaller-scale ef­forts to ex­ploit the same vul­ner­a­bil­ity that the hack­ers used be­fore it was dis­abled.

BEI­JING — China's trade sur­plus with the United States widened to a record $34.1 bil­lion in Septem­ber as ex­ports to the Amer­i­can mar­ket rose by 13 per­cent over a year ear­lier de­spite a wors­en­ing tar­iff war.

Ex­ports to the United States rose to $46.7 bil­lion, down from Au­gust's 13.4 per­cent growth, cus­toms data showed Fri­day. Im­ports of Amer­i­can goods in­creased 9 per­cent to $12.6 bil­lion, down from 11.1 per­cent.

Chi­nese ex­ports to the United States have at least tem­po­rar­ily de­fied fore­casts they would weaken af­ter be­ing hit by puni­tive tar­iffs of up to 25 per­cent in a fight over Amer­i­can com­plaints about tech­nol­ogy pol­icy.

“Ex­ports con­tin­ued to defy U.S. tar­iffs last month but im­ports strug­gled in the face of cool­ing do­mes­tic de­mand,” said Ju­lian Evans-Pritchard of Cap­i­tal Eco­nomics in a re­port. “We ex­pect both to soften in the com­ing quar­ters.”

Septem­ber marked

LON­DON — Global busi­ness lead­ers are re­assess­ing their ties with Saudi Ara­bia, stok­ing pres­sure on the Gulf king­dom to ex­plain what hap­pened to a dis­si­dent writer who dis­ap­peared af­ter vis­it­ing its con­sulate in Is­tan­bul.

Bri­tish bil­lion­aire Richard Bran­son on Fri­day sus­pended busi­ness links with Saudi Ara­bia, and Uber CEO Dara Khos­row­shahi said he might not at­tend a ma­jor in­vest­ment con­fer­ence in the coun­try this month amid re­ports that Ja­mal Khashoggi may have been killed at the Saudi con­sulate in Turkey's fi­nan­cial cen­ter.

“What has re­port­edly hap­pened in Turkey around the dis­ap­pear­ance of jour­nal­ist Ja­mal Khashoggi, if proved true, would clearly change the abil­ity of any of us in the West to do busi­ness with the Saudi gov­ern­ment,” Bran­son said in a state­ment.

Bran­son, founder of Vir­gin Group, says he will sus­pend his role as di­rec­tor in two tourism projects in Saudi Ara­bia while an in­ves­ti­ga­tion takes place. He also is putting on hold dis­cus­sions about a pro­posed Saudi in­vest­ment in space com­pa­nies Vir­gin Ga­lac­tic and Vir­gin Or­bit.

Saudi Ara­bia is fac­ing pres­sure to clar­ify what hap­pened to Khashoggi, a Washington Post colum­nist, with U.S. Pres­i­dent Don­ald Trump and Bri­tish For­eign Sec­re­tary Jeremy Hunt among those de­mand­ing an­swers.

Khos­row­shahi is to speak at the Fu­ture

Bran­son

sec­ond straight record Chi­nese monthly trade sur­plus with the United States af­ter Au­gust's $31 bil­lion.

Ex­port num­bers have been buoyed by pro­duc­ers rush­ing to fill or­ders be­fore Amer­i­can tar­iffs rose, but they also ben­e­fit from “ro­bust U.S. de­mand” and a weaker Chi­nese cur­rency, which makes their goods cheaper abroad, said Louis Kuijs of Ox­ford Eco­nomics in a re­port.

The yuan has lost nearly 10 per­cent of its value against the U.S. dol­lar this year. That prompted sug­ges­tions Bei­jing might weaken the ex­change rate to help ex­porters, but that might hurt China's econ­omy by en­cour­ag­ing an out­flow of cap­i­tal. The cen­tral bank has tight­ened con­trols on cur­rency trad­ing to head off fur­ther de­clines.

China's over­all ex­port growth ac­cel­er­ated, tem­po­rar­ily de­fy­ing fore­casts of a slow­down as the global econ­omy and con­sumer de­mand cool.

Ex­ports rose 14.5 per­cent over a year ear­lier to $226.7 bil­lion, up from Au­gust's 12.2 per­cent growth. Im­ports grew 14.3 per­cent to $195 bil­lion, down from the previous month's 20.9 per­cent rate.

Ex­ports to the Euro­pean Union, China's big­gest trad­ing part­ner, rose 11.6 per­cent to $37.4 bil­lion.

CHINATOPIX/via AP

Tug­boats move a con­tainer ship to the dock­yard of a sea­port in Qing­dao in eastern China's Shan­dong province on Mon­day. Cus­toms data re­leased Fri­day showed China's trade sur­plus with the United States widened to a record $34.1 bil­lion in Septem­ber as ex­ports to the U.S. mar­ket rose by 13 per­cent over a year ear­lier de­spite a wors­en­ing tar­iff war.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.