Dimer UCV Innovations’s GermFalcon can sterilize airplane cabin of coronavirus within 3 minutes

Although U.S. President Donald Trump’s suggestion that inserting ultraviolet light into coronavirus patients was widely laughed off, Dimer UCV Innovations, a California company thinks it’s a perfect solution for decontaminating airplanes. Dimer UCV Innovations had created a UV-C-emitting cleaning machine for the airline industry way back in 2014. Its only now with the coronavirus pandemic…

ZecOps discovers working remote exploit against fully patched Apple iOS devices

A computer bug, discovered by San Francisco-based ZecOps, a mobile security forensics company while it was investigating a sophisticated cyberattack against a client that took place in late 2019, has left 500M iphone and iPad users vulnerable to cyberattacks. Zuk Avraham, ZecOps’ CEO said, he found evidence that the vulnerability has been exploited in at…

Hackers selling Chinese customer data related to banking & insurance sector: China’s banking and insurance regulator

On Wednesday, China’s banking and insurance regulator stated, it had detected sales of customer data from the insurance and banking sector by overseas criminals. It did not elaborate or specify how many individuals had been affected. During a briefing, Huang Hong, the vice chairman of the China Banking and Insurance Regulatory Commission said, the data…

Nissan to strategically downsize, shutdowns global HQ and R&D center upto May 10

On Tuesday, Nissan Motor Co stated, it would temporarily shutter its operations, including its global headquarter and other facilities in Japan, through early May. The step is aimed at containing the spread of the coronavirus at its facilities. Nissan Motor said, it would reduce its operations to minimum level at its head office in Yokohama…

China’s financial leasing arm cancels orders for 29 Boeing 737 MAX jets

On Monday, adding to its string of recent cancellations, China Development Bank (CDB) Financial Leasing Co stated, it has agreed with Boeing, to cancel the purchase of 29 undelivered 737 MAX jets. The 737 MAX has been grounded globally for more than a year following deadly crashes in Indonesia and Ethiopia. “In light of evolving…

Australia framing regulatory code of conduct between media outlets and digital platforms, sees revenue sharings from Facebook and Google

On Monday, Australia’s Treasurer Josh Frydenberg disclosed, Canberra will force online giants including Alphabet Inc’s Google and Facebook Inc to share advertising revenue with local media firms. Australia is set to become one of the firts countries to require digital platforms to pay for content that they use. The development comes in the wake of…

COVID-19 patients respond positively to Gilead Sciences experimental drug

Shares of Gilead Sciences Inc’s shares jumped by 16% following news reports that its experimental drug remdesivir is proving to be effective in U.S. trials of patients who have been severely afflicted by the COVID-19 disease caused by the coronavirus. According to a report from medical news website STAT, a University of Chicago hospital participating…

T-Mobile US Inc’s merger with Sprint Corp wins final approval from California’s Public Utilities Commission

Following California’s Public Utilities Commission (CPUC) vote on Thursday, the $23 billion merger of U.S. wireless carriers T-Mobile US Inc with that of Sprint Corp saw the final approval of the deal which closed on April 1. The deal had closed without a final decision from the CPUC, which came through with an unanimous vote.…

FCC chairman pushing for Ligado Networks’s 5G solution despite risks to GPS systems

Federal Communications Commission Chairman Ajit Pai has circulated a draft order asking the five-member panel to approve Ligado Networks’ request to deploy a low-power nationwide network to support next generation 5G wireless. Ligado Networks’ request has drawn fire from some U.S. government agencies as well as by some powerful lawmakers. Earlier this week, the chairman…

Foreign state-backed hackers targeting U.S. COVID-19 research: FBI

According to a senior cybersecurity official with the Federal Bureau of Investigation, foreign government hackers have managed to break into companies which are conducting research into treatments for COVID-19 – the respiratory illness caused by the coronavirus. During an online panel discussion hosted by the Aspen Institute, FBI Deputy Assistant Director Tonya Ugoretz disclosed to…