Samsung unveils autonomous driving and infotainment systems at CES 2018

These are truly exciting times for the auto industry: personalized driving, autonomous driving, infotainment systems, Samsung has them all covered. In a significant development that underscores Samsung Electronics Co’s plans in the auto electronics market, the South Korean giant unveiled its first series of components for autonomous driving and infotainment solutions which it co-developed along…

Intel creates “Intel Product Assurance and Security” to mitigate vulnerabilities in its chips

In an increasingly digital world, cyber criminals exploit vulnerabilities to gain access to critical resources to carry out their nefarious deeds. A Oregonian newspaper reported citing a memo sent by Intel Corp to its employees, that the chipmaker plans on creating a new internal cybersecurity group in the wake of recently disclosed vulnerabilities in its…

Cryptocurrencies are fuelling the North Korean economy

With tightening sanctions, China’s ally, North Korea, is increasingly banking on cryptocurrencies to infuse cash into its economy. In a development that marks the latest signs of North Korea’s search for ways to infuse its economy with cash, a California-based cybersecurity firm disclosed that it has come across software code that appears to install code…

2018 Would Be Good For Big Tech Companies While Exiting Business Is What Smaller Players Would Look For

2017 was one of the bets years for the technology sector as it accounted for the six most valuable companies in the world. However, the year was also one which did not see much of large tech deals. However, experts are of the opinion that 2018 would be different. Robert Townsend, co-chair of global mergers…

Nvidia Corp consolidates and expands its position in the self-driving technology chip market

By expanding its partnerships with companies involved across the supply chain of the self-driving car market, Nvidia is rapidly expanding its footprint in this emerging segment. Aimed at increasing its footprint in the emerging autonomous vehicle industry, Nvidia Corp stated it will partner with Volkswagen AG and Uber Technologies Inc to bring about further gains…

South Korea’s FSC and FSS carry out joint inspections on 6 banks trading in virtual currency

Institutions found not in compliance faces penal measures, including shutting down of operations. On Monday, South Korea’s financial regulator stated it has jointly carried out inspections on six local banks that offer virtual currency services, including opening of accounts, to institutions. In a press conference, South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service…