ZecOps discovers working remote exploit against fully patched Apple iOS devices

A computer bug, discovered by San Francisco-based ZecOps, a mobile security forensics company while it was investigating a sophisticated cyberattack against a client that took place in late 2019, has left 500M iphone and iPad users vulnerable to cyberattacks. Zuk Avraham, ZecOps’ CEO said, he found evidence that the vulnerability has been exploited in at…

Facebook To Invest $5.7 Billion In Jio, India’s Top Mobile Service Provider For 9.99% Stock

Facebook has its eyes on the internet boom in the Indian market and is set to take up a stake in India’s largest mobile operator with an investment of billions of dollars. It is also partnering with the Indian telecom company to take advantage of the boom. The largest social media company is set to…

New Subscribers Of Netflix Doubles Than Expected Amid Corronavirus Lockdown

With people locked up in their homes as a consequence of the lockdown measures implemented by governments globally to prevent the spread of the novel coronavirus pandemic, the number of new subscribers of Netflix has more than doubled compared to what the company had expected in just the last three months. About 15.77 million new…

Hackers selling Chinese customer data related to banking & insurance sector: China’s banking and insurance regulator

On Wednesday, China’s banking and insurance regulator stated, it had detected sales of customer data from the insurance and banking sector by overseas criminals. It did not elaborate or specify how many individuals had been affected. During a briefing, Huang Hong, the vice chairman of the China Banking and Insurance Regulatory Commission said, the data…

Nissan to strategically downsize, shutdowns global HQ and R&D center upto May 10

On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…

China’s financial leasing arm cancels orders for 29 Boeing 737 MAX jets

On Monday, adding to its string of recent cancellations, China Development Bank (CDB) Financial Leasing Co stated, it has agreed with Boeing, to cancel the purchase of 29 undelivered 737 MAX jets. The 737 MAX has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia. “In light of evolving…

Australia framing regulatory code of conduct between media outlets and digital platforms, sees revenue sharings from Facebook and Google

On Monday, Australia’s Treasurer Josh Frydenberg disclosed, Canberra will force online giants including Alphabet Inc’s Google and Facebook Inc to share advertising revenue with local media firms. Australia is set to become one of the firts countries to require digital platforms to pay for content that they use. The development comes in the wake of…

$2 Billion Loss Due To Virus Pandemic Forces Ford To Issue $8 Billion Debt Securities

The coronavirus outbreak has caused a plunge in vehicle sales and production, which, according to the estimates by Ford Motor Co, will result in a loss of about $2 billion for the first quarter. This has strained the cash reserves of the company prompting it to raise $8 billion from corporate debt investors to augment…