How to protect your communications through encryptionAre Teleflex Incorporated's (NYSE:TFX) Mixed Financials Driving The Negative Sentiment?By The Associated Press Albany Great Danes (7-0) at Siena Saints (2-4) Loudonville, New York; Saturday, 2 p.m. EST BOTTOM LINE: Albany visits Siena after Lilly Phillips scored 24 points in Albany’s 80-59 win over the Stonehill Skyhawks. The Saints are 1-1 on their home court. Siena is fifth in the MAAC in rebounding with 30.2 rebounds. Zyriah Price paces the Saints with 6.2 boards. The Great Danes are 3-0 on the road. Albany ranks fifth in the America East with 9.0 offensive rebounds per game led by Kayla Cooper averaging 3.0. Siena scores 58.2 points per game, 4.3 more points than the 53.9 Albany allows. Albany averages 7.7 made 3-pointers per game this season, 1.7 more made shots on average than the 6.0 per game Siena allows. TOP PERFORMERS: Ahniysha Jackson is scoring 14.2 points per game with 2.2 rebounds and 3.0 assists for the Saints. Cooper is scoring 19.6 points per game and averaging 8.9 rebounds for the Great Danes. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .Shares of Marvell Technology ( MRVL 23.19% ) surged 23.2% on Wednesday following the data infrastructure semiconductor specialist's release on the prior afternoon of its report for the third quarter of its fiscal year 2025 (ended Nov. 2, 2024). Investors' positive reaction can be attributed to the quarter's revenue and earnings beating Wall Street's consensus estimates, and fourth-quarter guidance for both the top and bottom lines speeding by analysts' expectations. Powerful demand for artificial intelligence (AI) capabilities was the driver of Marvell's quarterly growth and better-than-expected guidance. Marvell Technology's key numbers Metric Fiscal Q3 2024 Fiscal Q3 2025 Change YOY Revenue $1.42 billion $1.52 billion 7% GAAP operating income ($146.3 million) ($702.8 million) Loss widened 380% GAAP net income ($164.3 million) ($676.3 million) Loss widened 312% Adjusted net income $354.1 million $ 373 .0 million 5% GAAP earnings per share (EPS) ($0.19) ($0.78) Loss widened 311% Adjusted EPS $0.41 $0.43 5% Data source: Marvell Technology. YOY = year over year. GAAP = generally accepted accounting principles. Fiscal Q3 2025 ended Nov. 2, 2024. Investors should focus mainly on the adjusted numbers, which exclude one-time items. Adjusted net income excludes $715.1 million in restructuring charges, $264.9 in amortization of acquired intangible assets, $158.4 million in stock-based compensation, and a few other smaller positive and negative items. Wall Street was looking for adjusted EPS of $0.40 on revenue of $1.45 billion, so Marvell surpassed both expectations. In the quarter, Marvell generated cash of $536.3 million running its operations, up 7% from the year-ago period. The company ended the quarter with cash and equivalents of $868.1 million, up 7% from the prior quarter, and long-term debt of $3.97 billion on its balance sheet. Performance by end market End Market Fiscal Q3 2025 Revenue Change YOY Data center $1.10 billion 98% Enterprise networking $150.9 million (44%) Carrier infrastructure $84.7 million (73%) Consumer $96.5 million (43%) Automotive/industrial $82.9 million (22%) Total $1.52 billion 7% Data source: Marvell Technology. YOY = year over year. The data center end market's phenomenal growth of 98% year over year was driven by strong demand for the company's AI -related products. These mainly include its custom AI chips -- which are application-specific integrated circuits (ASICs) -- and interconnect products for AI-enabled data centers. In fiscal Q3, the data center end market accounted for a whopping 72% of Marvell's total revenue. This is up from just 39% in the year-ago quarter, clearly showing how the company's business profile has changed considerably in just one year. The other four end markets continued to struggle on a year-over-year basis, dragging down the company's overall results. This is a semiconductor industrywide phenomenon, not specific to Marvell. What the CEO had to say In the earnings release, CEO Matt Murphy commented on the quarter's results and the outlook for Q4: Moreover, in addition to expecting a "strong finish to this fiscal year," Murphy said management projects the "substantial momentum to continue in fiscal 2026." Guidance For the fiscal Q4 (which ends in late January/early February 2025), management expects: Revenue of $1.80 billion, which equates to growth of 26% year over year. Adjusted EPS of between $0.54 and $0.64, which equates to growth of 17% to 39% (28% at the midpoint). Going into the release, Wall Street had been expecting fiscal Q4 adjusted EPS of $0.52 on revenue of $1.65 billion, so Marvell's outlook sprinted by both expectations. Management sees accelerating growth on the horizon Marvell's overall fiscal Q3 results were just so-so with year-over-year revenue and adjusted EPS only increasing a modest 7% and 5%, respectively. But its fiscal Q4 guidance looks great, with expected revenue growth of 26% year over year and adjusted EPS growth of 17% to 39%. This robust outlook reflects management's confidence that strength in its AI-powered data center end market will continue and that demand in some of its other markets will improve.
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By KELVIN CHAN LONDON (AP) — After a sprawling hacking campaign exposed the communications of an unknown number of Americans, U.S. cybersecurity officials are advising people to use encryption in their communications. To safeguard against the risks highlighted by the campaign, which originated in China, federal cybersecurity authorities released an extensive list of security recommendations for U.S. telecom companies — such as Verizon and AT&T — that were targeted. The advice includes one tip we can all put into practice with our phones: “Ensure that traffic is end-to-end encrypted to the maximum extent possible.” End-to-end encryption, also known as E2EE, means that messages are scrambled so that only the sender and recipient can see them. If anyone else intercepts the message, all they will see is a garble that can’t be unscrambled without the key. Law enforcement officials had until now resisted this type of encryption because it means the technology companies themselves won’t be able to look at the messages, nor respond to law enforcement requests to turn the data over. Here’s a look at various ways ordinary consumers can use end-to-end encryption: Officials said the hackers targeted the metadata of a large number of customers, including information on the dates, times and recipients of calls and texts. They also managed to see the content from texts from a much smaller number of victims. If you’re an iPhone user, information in text messages that you send to someone else who also has an iPhone will be encrypted end-to-end. Just look for the blue text bubbles, which indicate that they are encrypted iMessages. The same goes for Android users sending texts through Google Messages. There will be a lock next to the timestamp on each message to indicate the encryption is on. But there’s a weakness. When iPhone and Android users text each other, the messages are encrypted only using Rich Communication Services, an industry standard for instant messaging that replaces the older SMS and MMS standards. Apple has noted that RCS messages “aren’t end-to-end encrypted, which means they’re not protected from a third party reading them while they’re sent between devices.” Samsung, which sells Android smartphones, has also hinted at the issue in a footnote at the bottom of a press release last month on RCS, saying, “Encryption only available for Android to Android communication.” To avoid getting caught out when trading texts, experts recommend using encrypted messaging apps. Privacy advocates are big fans of Signal, which applies end-to-end encryption on all messages and voice calls. The independent nonprofit group behind the app promises never to sell, rent, or lease customer data and has made its source code publicly available so that it can be audited by anyone to examine it “for security and correctness.” Signal’s encryption protocol is so reputable that it has been integrated into rival WhatsApp , so users will enjoy the same level of security protection as Signal, which has a much smaller user base. End-to-end encryption is also the default mode for Facebook Messenger , which like WhatsApp is owned by Meta Platforms. Telegram is an app that can be used for one-on-one conversations, group chats and broadcast “channels” but contrary to popular perception, it doesn’t turn on end-to-end encryption by default. Users have to switch on the option. And it doesn’t work with group chats. Cybersecurity experts have warned people against using Telegram for private communications and pointed out that only its opt-in ‘secret chat’ feature is encrypted from end-to-end. The app also has a reputation for being a haven for scammers and criminal activity, highlighted by founder and CEO Pavel Durov’s arrest in France . Instead of using your phone to make calls through a wireless cellular network, you can make voice calls with Signal and WhatsApp. Both apps encrypt calls with the same technology that they use to encrypt messages. There are other options. If you have an iPhone you can use Facetime for calls, while Android owners can use the Google Fi service, which are both end-to-end encrypted. The only catch with all these options is that, as with using the chat services to send messages, the person on the other end will also have to have the app installed. WhatsApp and Signal users can customize their privacy preferences in the settings, including hiding IP address during calls to prevent your general location from being guessed. Is there a tech topic that you think needs explaining? Write to us at onetechtip@ap.org with your suggestions for future editions of One Tech Tip.Two students wounded and gunman dead after shooting at Northern California elementary school
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