Chinese hackers targeted global telecom companies

U.S.-Israeli cyber security firm Cybereason has been investigating these hacking attacks by Chinese hackers for the last 9 months. On Tuesday, researchers from a cyber security company Cybereason stated, Chinese hackers have broken into the systems of more than a dozen global telecoms companies and have stolen large amounts of personal and corporate data. According…

U.S. bound 5G equipment should be made outside China: U.S.

The Trump administration is exploring rules that will require all 5G cellular equipment destined for the United States to be designed and manufactured outside of China. According to a report from the Wall Street Journal, U.S. President Donald Trump is looking to require next-generation 5G cellular equipment used in the United States to be designed…

HSBC Holdings Plc backs Hong Kong-based tech startup Serai

Serai aims to be the LinkedIn for global trade which links manufacturers to component suppliers. In a significant development, HSBC Holdings Plc is backing the launch of Serai, a Hong Kong-based technology startup that aims to “connect small-and-medium-sized manufacturers with component suppliers in different parts of the world as part of its trade banking push”.…

Following Order From US Regulator, Parts Of Iran-Controlled Airspace Being Avoided By Airlines

According to media reports quoting various airlines, a ni8mber of them are avoiding airspace controlled by the Iranians over the Strait of Hormuz and Gulf of Oman and are rerouting flights since the issuing of the ban on Friday by the US regulator on US airlines flying over the airspace for an unscheduled period of…