Research by cyber security companies point to a Russian involvement. On Saturday, Ukraine’s state security service pointed the finger of blame for the recent cyberattacks on Russian security services, saying the attacks were aimed at destroying important data and spreading chaotic panic. Ukraine’s SBU stated the attacks, which began in Ukraine and spread across the…
Two weeks ahead of its production schedule, all looks well for Tesla. The success of the company depends on the Model 3. On Monday, with Tesla Inc announcing that it is set to deliver its mass market Model 3 sedan to its first 30 customers on July 28, the company’s shares shot up by 3%…
Now it’s time for the industry to band together to combat the trend of the terrorists using technology to their advantage, David Scharia from the UN Security Council Counter-Terrorism Committee Executive Directorate said. These days, terrorists use technology “from radicalization, to incitement, to recruitment, to training … even the perpetration of the attack itself,” Scharia…
As shares of online food takeaway company Delivery Hero surged higher on the company’s stock market debut, the company appeared to whet investors’ appetite on Friday. “I’m glad we have had a good start but this is really about the long term… (it’s) about the next 10 to 15 years to build a very good…
Facebook plans on developing a fleet of these drones which can beam down internet connectivity even in the most remote region of the world. Facebook Inc has disclosed that it has completed a second test of its unmanned aircraft that is designed to beam down internet connectivity to remote regions of the globe. Unlike its…
Alibaba’s Echo will speak Mandarin and will be available in China only. According to sources familiar with the matter at hand, Chinese e-commerce giant Alibaba Group Holding Ltd is likely to launch a product that is almost identical to Amazon.com “Echo” speaker next week. Launched in 2014, “Amazon Echo”, is a portable speaker which can…
With the aim of boosting its stake in Southeast Asian online retailer Lazada, ahead of Amazon’s much-anticipated entry into the region, Chinese e-commerce giant Alibaba is ponying up $1 billion. Effectively bringing its total investment to over $2 billion, its stake in the company will be increased from 51 percent to about 83 percent, Alibaba said on Wednesday.…
By saying the $18 billion deal was being held up due to differences of opinion within the consortium chosen as preferred bidder, Japan’s Toshiba Corp has pushed back its timeline to clinch a sale of its prized flash memory chip unit. One day after the U.S. firm Western Digital Corp resubmitted a bid for the…
Among other things – Google and Microsoft share a legacy of battling antitrust cases. Instead of doing the legal equivalent of the ostrich act, Google should recognize the signs and strategically change course. With the European Commission handing down an exemplary fine on Google, the search giant’s clash with antitrust enforcers in the EU has…
Indian IT companies have created and will continue to create U.S. jobs and positively contribute to the U.S. economy. India’s third largest software exporter clarified that more than half of its U.S. workforce consists of locals. Wipro’s statement comes in the wake of U.S. President Donald Trump asking federal agencies to review a visa program…
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