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Pin to quick picksVodafone Share News (VOD)

Share Price Information for Vodafone (VOD)

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Share Price: 76.10
Bid: 73.00
Ask: 76.90
Change: 0.00 (0.00%)
Spread: 3.90 (5.342%)
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Prev. Close: 76.10
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Hacking expert says mobile firms moved fast to fix cyber bug

Thu, 01st Aug 2013 00:22

By Jim Finkle

LAS VEGAS, July 31 (Reuters) - A well-known security expertsaid mobile carriers have quickly protected customers from asecurity bug that he revealed 10 days ago and that he estimatedhad put more than 500 million phones at risk of cyber attacks.

Karsten Nohl, chief scientist with Berlin's SecurityResearch Labs, led a research team at the German firm thatfigured out a way to remotely gain control of and also clonesome mobile SIM cards.

"Pretty much every carrier we have spoken to has fixed it,"Nohl said in advance of a talk late Wednesday afternoon at theBlack Hat hacking conference in Las Vegas.

The team was the first to accomplish the hacking feat, whichhas long been a Holy Grail of mobile hackers. The tiny, highlysecured devices are located in phones and allow operators toidentify and authenticate subscribers as they use networks.

He discussed that three-year research effort late Wednesdayafternoon in one of the most anticipated talks at Black Hat, aconference where some 7,000 security professionals gathered tohear about the latest risks posed by hacking.

Nohl said at a news conference prior to that talk that hewould not be able to demonstrate part of his technique forattacking SIM cards because he had prepared to show it on SIMsfrom five carriers, but that all five carriers had made changesto prevent them from being hacked.

Nohl is a so-called "white hat," or a hacker who figures outhow to attack things in a bid to find vulnerabilities so thatcompanies can fix bugs before criminals can exploit them.

He told Reuters that he was pleased that they hadimplemented the fix before his demonstration because that meansthey are ahead of criminal hackers, who could use compromisedSIMs to commit financial crimes or engage in electronicespionage.

Nohl said that carriers have used methods to fix the bug inSIM cards without having to physically replace them, which wouldhave been quite costly.

He said he was not sure whether all carriers around theworld have fixed the bug, but that he had checked with manymajor carriers and that they had gone ahead and taken care ofthe security problem.

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4 Apr 2024 07:37

CMA to launch in-depth probe into Vodafone's merger with Three

(Sharecast News) - The Competition and Markets Authority said on Thursday that it will launch an in-depth investigation into the planned £15bn merger between Vodafone and CK Hutchison's Three that was announced last year.

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28 Mar 2024 15:05

Directors dealings: Vodafone chairman follows in CFO's steps, buys shares

(Sharecast News) - Vodafone's chairman bought a big batch of shares in the telecommunications outfit just ahead of the Easter break.

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28 Mar 2024 13:54

IN BRIEF: Vodafone Chair Boxmeer buys GBP570,000 in shares

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Chair Jean-Francois van Boxmeer buys 823,500 shares at GBP0.69 each, worth GBP568,215, in London on Wednesday.

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27 Mar 2024 09:40

LONDON BROKER RATINGS: Sainsbury's, Petershill Partners upped to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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26 Mar 2024 11:21

Vodafone Germany to cut 2,000 jobs in revamp

FRANKFURT, March 26 (Reuters) - Vodafone Germany aims to save around 400 million euros ($434.48 million) over the next two years as part of a restructuring that will hit some 2,000 jobs, the company said on Tuesday.

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26 Mar 2024 11:15

UPDATE: Vodafone Germany cuts 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Dusseldorf, Germany-based subsidiary of Vodafone Group PLC announced on Tuesday.

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26 Mar 2024 10:43

Vodafone Germany: 400-mln-eur restructuring to affect 2,000 jobs

BERLIN, March 26 (Reuters) - Vodafone Germany said on Tuesday that it aims to save around 400 million euros ($434.48 million) over the next two years as part of a transformation programme that will affect some 2,000 jobs.

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26 Mar 2024 10:42

Vodafone Germany cutting 2,000 jobs as part of savings programme

(Alliance News) - Vodafone GmbH is cutting and relocating around 2,000 jobs in a bid to save EUR400 million in the next two years, the Germany, Dusseldorf-based subsidiary of Vodafone Group PLC announced Tuesday.

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22 Mar 2024 16:09

London close: Stocks mixed as Bailey hints at rate cuts

(Sharecast News) - London's stock markets closed in a mixed state on Friday as investors weighed optimistic retail sales data against remarks from Bank of England Governor Andrew Bailey.

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22 Mar 2024 11:46

LONDON MARKET MIDDAY: FTSE 100 boosted after week of rate decisions

(Alliance News) - The FTSE 100 in London were higher at midday on Friday, as investor sentiment remained high, after there were no surprises from UK and US central banks this week.

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22 Mar 2024 09:19

TOP NEWS: UK CMA says Vodafone/Three merger raises competition worries

(Alliance News) - The UK Competition & Markets authority on Friday said a planned merger between Vodafone UK and Three UK could raise consumer prices and harm investment into UK mobile networks.

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22 Mar 2024 07:32

CMA warns Vodafone, Three deal will face full probe if solutions not given

(Sharecast News) - Vodafone and Three UK have been told to find ways to assuage Britain's competition regulator that their planned $19bn merger would not leave consumers worse off or face a full investigation.

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18 Mar 2024 16:23

Director dealings: Vodafone CFO makes share purchase

(Sharecast News) - Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2.46m ordinary shares in the FTSE 100-listed telecommunications giant.

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18 Mar 2024 09:39

IN BRIEF: Vodafone CFO buys 2.5 million shares for GBP1.7 million

Vodafone Group PLC - Berkshire, England-based telecommunications provider - Group Chief Financial Officer Luka Mucic purchased 2.5 million shares on Friday in London at 69.64 pence each for GBP1.7 million in total. Vodafone also on Friday announced the sale of its Italian business to Swisscom AG for EUR8 billion, with EUR4 billion to be returned to shareholders through a buyback. It said, however, that annual dividends from financial 2025 onwards will be rebased to 4.5 euro cents, down from 9.00 cents for financial 2024.

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15 Mar 2024 15:07

London close: Stocks finish mixed after Reckitt compo blow

(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.

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