Twitter delays launch of new Application Programming Interface following security incident

Following, the recent hacking incident on its platform wherein several high-profile accounts were compromised, Twitter Inc said, it is delaying the launch of its new Application Programming Interface (API). “We have no evidence the incident had anything to do with our API, but we decided to move the launch to a more appropriate time,” said…

Hackers gained at least $100,000 after hacking into verified Twitter accounts

In a significant development, the twitter account of high-profile figures, including U.S tech entrepreneur Elon Musk, Bill Gates, Jeff Bezos, reality TV star Kim Kardashian, U.S. presidential candidate Joe Biden, former U.S. President Barack Obama, among many others have been hacked and used to solicit digital currency. In a sign that marks the seriousness of…

Google purchases 7.7% stake in Reliance Industries’ Jio platform for $4.5 billion

On Wednesday, India’s Reliance Industries stated, Alphabet Inc’s Google has decided to purchase a 7.7% stake in its digital business for $4.5 billion. The development marks yet another U.S. tech giant backing Reliance Industries’ digital business following Facebook Inc doing so in April 2020. In a webcast at the company’s annual shareholders meeting, Reliance Industries’…

Britain to decide today on banning Huawei from 5G networks

In a momentous decision British Prime Minister Boris Johnson is set to ban China’s Huawei from Britain’s 5G network on Tuesday. The development comes at a time when the Chinese company is facing heightened scrutiny over allegations that it can hand over sensitive data to Chinese intelligence following Beijing’s enacting a National Intelligence Law which…

Blockchain-based payments network ready for commercial deployment: Singapore

On Monday, in a significant development, authorities in Singapore stated, a blockchain-based payments network that could enable faster and cheaper international settlements has been developed and will soon be ready for a commercial rollout. During the final phase of the years-long ‘Project Ubin’, the Monetary Authority of Singapore teamed up with J.P. Morgan and state…

Volkswagen to replace Christian Senger as head of its software division

Volkswagen plans on replacing the head of its software development, reported German newspaper Handelsblatt. The development comes at a time when the German automaker is wrestling with the transition to electric vehicles. According to the report, Christian Senger, a former BMW manager who runs the recently founded Car.Software.Org unit, will be replaced. The development follows…