Cryptocurrencies are fuelling the North Korean economy

With tightening sanctions, China’s ally, North Korea, is increasingly banking on cryptocurrencies to infuse cash into its economy. In a development that marks the latest signs of North Korea’s search for ways to infuse its economy with cash, a California-based cybersecurity firm disclosed that it has come across software code that appears to install code…

Nvidia Corp consolidates and expands its position in the self-driving technology chip market

By expanding its partnerships with companies involved across the supply chain of the self-driving car market, Nvidia is rapidly expanding its footprint in this emerging segment. Aimed at increasing its footprint in the emerging autonomous vehicle industry, Nvidia Corp stated it will partner with Volkswagen AG and Uber Technologies Inc to bring about further gains…

South Korea’s FSC and FSS carry out joint inspections on 6 banks trading in virtual currency

Institutions found not in compliance faces penal measures, including shutting down of operations. On Monday, South Korea’s financial regulator stated it has jointly carried out inspections on six local banks that offer virtual currency services, including opening of accounts, to institutions. In a press conference, South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service…

Hiring Tactics Need To Be Changed By Employers Due To Talent Shortage, Says A U.S. Survey

According to 65 percent of CFOs who participated in a recent survey, they find it somewhat difficult to find put and identify adequately skilled and qualified workers that would fit the present job vacancies. The survey, which was carried out by staffing firm RobertHalf, also concluded that adequate recruitment has become difficult in relation to…

Exploitable vulnerabilities in CPUs put the bulk of modern mobile devices at risk

Security analysts have warned that hackers are likely to very quickly add exploit code for these vulnerabilities to their hacking tool set. While the updates for the Meltdown vulnerability has been made available for download from Google, Microsoft, and Apple, the patch for the more dangerous and difficult to plug named Spectre, still remains elusive.…