The move underscores the growing importance of technology in the banking sector. On Wednesday, Standard Chartered disclosed that it has established a business unit which will promote innovation and which will invest in financial technology. While one part of SC Ventures, its business unit which will include internal consultants to help resolve issues with the…
Investors who are averse to investing in bitcoins have now the opportunity to tap the excitement surrounding the cryptocurrency by investing in ETS that invest on blockchain technology to cut costs. Investors looking to tap the excitement surrounding bitcoin technology are likely to get a new opportunity this week since from Wednesday, the shares they…
These questions by the U.S. lawmakers underscores the fact that the U.S. Congress is sensitive to these critical vulnerabilities which can be exploited by state backed hackers to gain access to virtually any modern computing device. A Democratic U.S. lawmaker has requested a briefing on the recently disclosed critical vulnerabilities, Meltdown and Spectre, that hackers…
BlackBerry Jarvis is a new cyber security software from BlackBerry which identifies vulnerabilities in programs used in self-driving vehicles, industrial automation and in the healthcare industry. Canadian software maker BlackBerry Ltd has launched Blackberry Jarvis, a new cybersecurity software which identifies vulnerabilities in programs used in self-driving cars. By targeting its software at this…
Time is running out for Saudi Arabia’s richest man. It was more than two months that the Saudi government arrested Prince Alwaleed bin Talal as part of its campaign to reduce corruption. According to London based Arabic news site Al-Arabv Al-Jadeed, Alwaleed was more to a prison – removing him from his restricted quarters at the…
SoftBank’s Vision Fund has invested $561 million in Auto1. On Monday, Auto1, a German used-car dealing platform stated that having received an investment of $561 million (460 million euro) from Japan’s SoftBank, the pressure to tap revenues through an initial public offering (IPO) for its pan-European growth plans, has eased significantly. The SoftBank Group, invested…
Although it lags slightly behind its peer, Boeing, citing its record backlog, Airbus sees itself delivering more planes than its rival in 2020. On Monday, Airbus stated it is just three years away from gaining a leadership role in the commercial aircraft market by producing more aircrafts than its peer Boeing. Having disclosed the number…
French President Emmanuel Macron is on target to meet the euro zone’s public sector deficit target of below 3% of France’s GDP. On Friday, French finance minister Bruno Le Maire stated that he will not introduce any new taxes during the French President Emmanuel Macron’s five-year mandate which runs upto 2022. The sizable housing tax,…
GM’s interest in fully automated autonomous cars comes from the fact that “several hundred thousands of dollars” can be generated in revenue from the lifetime of one in comparison to an average $30,000 for one of its traditional vehicles. Executives from General Motors Co disclosed that the automaker is seeking approval from the U.S. government…
This report is of particular importance to admins of data centers and cloud computing customers. For the IT Admins rushing to update their device drivers for Intel chips, Intel has let it be known that its recently issued patches can potentially cause computers with older Haswell and Broadwell processors to reboot more often than normal.…
