Known as Speculative Store Bypass or “Variant 4”, these new vulnerabilities have a low risk profile assigned to them partly due to the patches that were released earlier this month for the Spectre and Meltdown vulnerabilities. Security researchers from Alphabet’s Google and from Microsoft Corp have unearthed new security vulnerabilities that impact a broad range…
The acquisition is aimed at bolstering Adobe’s Experience Cloud business. In what is stated to be Adobe Systems Inc’s biggest deal in a decade, the U.S. software company disclosed it would be acquiring Magento Commerce, an e-commerce services provider, from private equity firm Permira for $1.68 billion in cash. Following the news, shares of Adobe…
Having grossed $2.1 billion in 2017, HMD Global is aiming to double its sales channels in key markets in 2018. On Monday, HMD Global, the Finnish company licensed to sell Nokia-branded phones, stated it had raised $100 million in a new funding round aimed at boosting its growth. In 2017, its first year of operations,…
Malaysia will be the second market in which Grab has launched its e-wallet service. On Monday, both Grab and Malaysia’s biggest bank, Malayan Banking Bhd stated, they will collaborate to boost the adoption of the ride-hailing firm’s GrabPay mobile wallet. In the coming weeks, Grab, which received its e-money license from Bank Negara Malaysia in…
The measures proposed by the European Commission includes, blocking laws that ban EU firms to comply with U.S. sanctions law, not recognizing court ruling that enforce American penalties, start the legal process of working with Iran’s central bank and allowing EU banks to fund the projects of EU companies in Iran. On Friday, the European…
The move is aimed at maintaining the chinks in the well-oiled, tried and tested global automobile supply chain. U.S. demands for changes in NAFTA could significantly impact automakers and autospare makers. On Friday, an association of Japanese automakers stated, it hoped Japan’s export partners would stick to existing free trade relationships and keep tariffs on…
By 2025, China aims to displace U.S. dominance in the artificial intelligence industry. On Thursday, China’s news agency Xinhua stated, Tianjin plans on setting up funds worth $16 billion (100 billion yuan) to support the artificial intelligence industry. By 2025, China wants to become the world leader in artificial intelligence and displace the United States…
Within 4-5 years, it will be commonplace to see on our roads autonomous cars drive alongside human-driven ones. Here’s the lowdown on how of the leading players in this industry is making that happen. An official from Mobileye, Intel’s autonomous driving unit, stated it has signed a contract to supply 8 million cars with self-driving…
Listing out the serious challenges posed by digital currencies, Federal Reserve Governor Lael Brainard opined blochain technology, the underlying technology that powers them, could be harnessed for facilitating and easing bank-to-bank transactions, as well as for payments in financial markets. In what is likely to be one of the Federal Reserve’s most detailed critiques of…
The investigating appears to focus on Cambridge Analytica’s financial dealings. As per a New Yorks Times report, the FBI and the U.S. Justice Department are investigating Cambridge Analytica, the now-defunct political data firm that was embroiled in a massive scandal over its handling of Facebook Inc user data. Prosecutors are wanting to question former Cambridge…
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