The energy storage market is slated to grow 10 folds between 2016 to 2022, in the U.S. alone. German engineering conglomerate along with American energy firm AES Corp, have formed a joint venture to service the rapidly expanding energy storage market. Demand for large-scale energy storage is growing rapidly and the price of advanced batteries…
While it started as an auction site, 80% of its offerings have now a fixed price. On Tuesday with eBay publishing a new stream of data, the number of million euro businesses selling on its platform have grown to 1,095 from 731 in Germany last year since 2013. “Millionaire” online businesses selling on eBay have…
Defensive measures are being taken, however experts have admitted that defensive countermeasures have typically lagged behind the ability of hackers to code tools to circumvent countermeasures. As per former and current European government sources who have knowledge of the issue, hackers are persistently trying to attack critical national infrastructure across the European Union. These sources…
In one instance a cyberattack had breached the cyber defenses of a nuclear power plant. In a significant development designed to protect the homeland against cyberattacks, the U.S. Department of Energy stated it is in the process of helping U.S. firms defend themselves against a hacking campaign that is targeting power companies, including nuclear plants.…
It’s been some time now that Israel has been a mecca (pun intended) for cybersecurity and fintech startups. But with foreign companies most reaping this benefit, the country is now gearing up to harvest its tech talents. The Israeli government has let it be known that it is looking for companies to manage four of…
The company is staring at liquidation. Although its founder and CEO was quick to change business to Jawbone Health Hub, that caters to the niche market of medical wearables, according to sources, that business too is struggling to take off. According to sources familiar with the matter at hand, Jawbone, the company that was famed…
With a market presence across the EU and Latin America, the tech startup has managed to significantly trim its losses and if its revenues continue on this trend, it is set to post a profit in this financial year. On Thursday, mobile payment solutions company iZettle disclosed, with its revenue surging significantly this year and…
Fireglass specializes in the domain of browser isolation technology. On Thursday Symantec Corp disclosed it is acquiring Israeli cyber security startup Fireglass in a deal designed to boost its cyber security defenses for its products. Symantec has yet to disclose the terms of the deal as well as the price for the acquisition of the…
As per the results of an initial analysis by Cisco’s Talos unit, the motive for the cyberattacks has been established. The Ukrainian software company that hackers used to launch their global cyberattack warned that all nodes on its network have been compromised by hackers. As per investigators, the virus, dubbed as “NotPetya” by experts, not…
This case has the hallmarks of turning into something big. Definitely worth following. As per available court documents, Facebook Inc has challenged a gag order from a U.S. court that prevents it from disclosing 3 government search warrants that it says pose a threat to the freedom of speech. According to a filing in a…
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