JPMorgan Chase & Co leaves blockchain consortium R3 CEV

Although JPMorgan has left the consortium, it has cleverly distributed its bet in the blockchain technology. It has joined the Enterprise Ethereum Alliance and is an investor in blockchain startups Digital Asset Holdings and Axoni. It is also a participant in the Hyperledger Project, a cross-industry group led by the Linux Foundation. JPMorgan Chase &…

CEO Of World’s Largest Ad Firm Says Facebook, Google Need To Accept They Are Not Tech Companies But Media

Despite both U.S. firms trying to distance themselves from the label of media, Facebook and Alphabet-owned Google must and they must accept that they are media, not technology companies, said Martin Sorrell, CEO of WPP. Questions about the “brand safety” issues seen on both Facebook and YouTube, such as ads being placed next to extremist content…

Microsoft reports receiving a type of warrantless surveillance order from FBI

While downward revising the number of government surveillance requests it received, Microsoft’s transparency report makes for an interesting read. Microsoft Corp stated it had wrongly reported a sharp increase in U.S. government surveillance requests during the first half of 2016, and has revised its figures to show that the level of requests have remained at…

Symantec Says As Victims Keep Paying There Is A Surge In Cyber Extortion

As cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to cyber security firm Symantec Corp, hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses. According to Symantec, the pricing has continued to rise in 2017 and last year the average demand embedded in such malicious software,…