Austrian chipmaker AT&S to invest $137M over four years in Austria
On Monday, Austrian chipmaker AT&S stated, it plans on investing up to $137 million (120 million euros) across four years to boost its technology and manufacturing prowess in its home location. AT&S capex plans includes sinking on at least 100 million euros on new machineries and processing equipment; it has also allocated 20 million euros…
Britain eyes Fujitsu Ltd and NEC Corp as potential alternatives to Huawei
In a significant development, Britain has asked Japan to help build its 5G wireless networks using components from China’s Huawei Technologies, said a report Japanese news daily, the Nikkei. According to the report, Britain has named Fujitsu Ltd and NEC Corp as potential alternatives to Huawei. Officials of both countries have had a meeting last…
British Airways To Retire All Boeing 747 Jets From Its Fleet
Its entire fleet of the iconic Boeing 747 airplanes is being retired earlier than expected by British Airways primarily because of the novel coronavirus pandemic induced slump in the global airline industry. British Airways is the largest operator of Boeing 747 in the world currently. The original plan of the British Airways, owned by International…
Britain Tells Huawei That 5G Ban Was Due To Trump Pressure: Reports
According to a report published by the Observer, the Chinese telecom equipment manufacturing giant Huawei has been privately told by the British government that it was being banned from 5G telecom networks in the country because of “geopolitical” reasons after being exposed to intense pressure from United States President Donald Trump. The report claimed that…
Fall Out Of New Law In Hong Kong – Some VPN Firms Disable Servers In Hong Kong
Growing concerns over the new and controversial national security law imposed on Hong Kong by China has forced a number of virtual private network (VPN) providers of the United States and Canada to shut down their servers in the city. VPNs are used by internet users to conceal and protect their privacy while avoiding any…
UK, US And Canada Accuse Russia Of Stealing Covid-19 Vaccine Research
Russia based and backed hackers have been trying to steal information about the research on vaccines against the novel cooronavirus with the pandemic surging again across the world, alleged the United States, the United Kingdom and Canada. So far more than 585,000 people have been killed so far while infecting a total of more than…
Latest Hacking Attack On Twitter Targeted 130 High-Profile Accounts
Social media company Twitter confirmed on Friday that the latest hacking incident of its platform had targeted 130 accounts in the unprecedented attack. The company added that “for a small subset of these accounts, the attackers were able to gain control of the accounts and then send Tweets from those accounts”. Passwords of the accounts…
Amid Covid-19 Pandemic, Incidents Of Sea Piracy Doubles In Asia
A new report has claimed that incidents of piracy have doubled across Asia which has caused “deep concern”. In the first half of the year, there were 50 incidents in the region compared to 25 such incidents in the same period a year ago. Between January and June, there have been 16 incidents in the…
Netflix names Ted Sarandos as co-CEO, names Greg Peters as Chief Product Officer
Netflix Inc has elevated its content manager, Ted Sarandos, to the position of co-CEO making the 20 year veteran a clear successor to co-founder Reed Hastings. The development comes in the wake of Netflix’s forecast that the growth rate of subscription is likely to slow down during the third quarter, sending its shares tumbling by…
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