Japan launches third GPS satellite

The development assumes significance with it having national security implications, especially with North Korea in its neighborhood. The Japanese government has disclosed that it launched a Japan on Saturday launched an H-2A rocket carrying a geo-positioning satellite into orbit following a week-long delay. The development assumes significance being Japan’s third geo-positioning satellite, which will be…

Ukraine readies itself for yet another cyber attack on August 28

Ukraine’s central bank has issued a warning against a probable cyber attack on August 28. The new malware spreads from Microsoft Word documents from e-mail attachments. On Friday, Ukrainian central bank has issued a warning to state-owned and private lenders on the appearance of new imminent threat from a malware similar to those that knocked…

Noises from the White House adds to the global cacophony, pulls down equities across the world

The inability to provide a stable economic, and deliver cohesive governance will have long term consequences for the current U.S. administration. Stock prices across the globe went south for a second day following an exodus of U.S. executives from Donald Trump’s business councils thus dealing a fresh blow to hopes of promised tax reforms. For…

Australia ramps up efforts to tighten money-laundering laws midst a fresh scandal at the Commonwealth Bank of Australia

The Australian government seeks to empower its financial intelligence watchdog with investigative and enforcement powers. Australia has proposed enabling stronger money laundering laws, including bringing bitcoin providers under the jurisdiction of the its financial intelligence unit, following yet another fresh scandal at one of its biggest banks. The Australian has stated it would table a…

Sonova’s launches direct streaming bluetooth enabled hearing aid

Swiss hearing aid giant Sonova tries to recapture the lead in hearing aid market with the launch of its direct streaming audio hearing aid devices. On Thursday,Swiss-based Sonova launched a new hearing aid that streams audio directly from wireless mobile devices. The launch closes the gap to its Danish peers who have pioneered a similar…

Hyundai eases investor concerns with launch schedules of long range electric vehicles

While Hyundai Motor has focussed on fuel cell technology, its peers including Tesla, have surged ahead in battery technology. On Thursday, Hyundai Motor Co disclosed it would be launching a long-range electric vehicle featuring a driving range of at least 311 miles (500 km) per charge after 2021. The annoucement is aimed at addressing investor…

Blackstone Group annuls its plans to acquire a 40% stake in mobile surveillance developer NSO Group

It would appear that the talks were annulled midst a series of complaints over the usage of spyware developed by the NSO Group and how these would reflect on Blackstone. According to sources familiar with the matter at hand, the Blackstone Group has pulled out of advanced talks to acquire a stake in Israel’s NSO…

U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies

The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have called on the U.S. Supreme Court to formulate rules that will make it harder for…