This updated guidance addresses concerns on how and when public companies should disclose their cyber security risks and breaches. In a development that will significant impact tech firms, the U.S. Securities and Exchange Commission has updated its guidance to public companies on how and when they should disclose cyber security risks and breaches, including known…
Samsung Display has cut the production of its OLED panels by around 50%. Japanese business daily Nikkei has reported Samsung Electronics Co will slash its output of organic light-emitting diode (OLED) panels in response to Apple Inc’s decision to cut production of iPhone X midst weak demand. Apple Inc is Samsung Electronic’s customer. Samsung Electronic’s…
The Malaysia-based fintech firm’s GOLDX covers all the principles that are the cornerstones in Islamic financial contracts. HelloGold, a Malaysia-based firm disclosed that it has received a sharia-compliant certification for its gold-backed cryptocurrency; it plans on launching its online gold platform in Thailand later this year. GOLDX, its cryptocurrency product which was launched at the…
Sony Corp is the latest tech firm vying for market share in Japan’s highly regulated ride-hailing market and is set to partner with Daiwa Motor Transportation and 4 other domestic Japanese taxi firms for the same. On Tuesday, Japan’s Nikkei newspaper reported, Sony Corp is to become the latest tech firm which is jockeying for…
New Zealand is due to publish its own assessment of the CPTPP on Wednesday. On Monday, Jacinda Ardern, New Zealand’s Prime Minister stated her country is taking pains to see that the final text of the revived Trans-Pacific trade pact is released on Wednesday since that is when her government will also publish its own…
Australian Foreign Minister Julie Bishop made it lucidly clear that in any such deal, Australia would want to secure the rights for its citizens to work in Britain. On Monday, Julie Bishop, Australia’s Foreign Minister stated it would welcome Britain’s participation in the regional trade group, Trans-Pacific Partnership, after March 31, 2019. Earlier this year,…
The following report is the result of a FCC investigation of what is likely to be the first instance of a bitcoin mining operation interfering with T-Mobile’s 700Mhz LTE network. An investigation by the U.S. Federal Communications Commission discovered that a Brooklyn residence’s bitcoin mining operation had interfered with T-Mobile US Inc’s broadband network. In…
Given the advantages of going electric, many airplane makers, including Airbus and Boeing, are also heavily investing into electric and hybrid aircraft technologies. Eviation Aircraft Ltd, an Israeli electric airplane startup, is aiming to fly passengers on its 9-seat commuter aircraft by 2021, said Omer Bar-Yoha, CEO of the firm. Eviation Aircraft is in the…
Its robots help shorten delivering time of groceries by retailers. CommonSense Robotics, an Israeli startup, whose technology enables retailers to provide fast affordable delivery services, stated it has raised $20 million in an early-stage investment round, bringing its total funding to $26 million. The latest funding round was led by Playground Global and included previous…
While Coincheck wants to resume trading once it can guarantee the secure resumption of its operations, investors want to withdraw their holdings so that they can continue trading on other cryptocurrency exchanges. On Thursday, cryptocurrency investors in Japan launched a lawsuit against Tokyo-based cryptocurrency exchange Coincheck Inc in efforts aimed at forcing it to allow…
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