In its report, Singapore-based FireEye has detailed Iran’s growing cyber espionage capabilities which has now placed it among the “top five world cyber-power”. As per FireEye, an internet security firm, hackers who have been allegedly linked to Iran’s government have attacked computer systems at aerospace and petrochemical firms which belong to Saudi Arabia and the…
It is a question that is making the rounds of economic circles as well as the technology world how has Estonia managed to become a leader in technology and innovation? The answer is in the past, believes Estonian-born CEO and co-founder of TransferWise, Taavet Hinrikus. “We (Estonia) kind of started rebuilding the nation in 1991…
Amazon’s virtual assistant Alexa will be enabled to be summoned anytime, anywhere by a pair of “smart glasses” its first wearable device that Amazon is working on, according to media reports quoting sources. The reports said that to enable it to be worn comfortably and unobtrusively, the device is designed to look like a regular…
Personal details of less than 400,000 U.K residents may also have been accessed by hackers, said Equifax. In another starling disclosure Equifax Inc stated, the personal details of nearly 100,000 Canadians were exposed in the massive hacking incident that took the company by storm earlier this month. As per Equifax, hackers were able to access…
Augmented Reality and iOS games are likely to be Apple’s cash cows. With Apple launching its new OS in its latest offerings of iPads and iPhones, its online marketplace has also undergone a significant makeover: it now allows third party developers to add augmented reality apps to it. Its new OS, iOS 11, is being…
The risks rewards spectrum associated with cryptocurrencies have yet to be mapped out and the resilience of the technology underpinning them have yet to be proven, for consumers as well as for institutions. As per the Bank for International Settlements, it is too soon to determine whether it is prudent for central banks to issue…
“The game has started,” – Mark Llistosella, Daimler Trucks’ Asia chief. In what is slated to be another milestone in the transportation industry, Daimler AG stated that its new battery powered eCanter truck will be commercially used by United Parcel Service Inc, its first U.S. commercial customer for its battery-powered eCanter truck. Daimler has stated…
A positive outcome of the talks could enable Lyft to ward off discussions on its IPO, slated for 2018, and could enable it to increase its footprint in the U.S. As per a source familiar with the matter at hand, Alphabet Inc is holding early talks with Lyft Inc regarding purchasing a stake in the…
The Chinese state had a hidden role in the acquisition of Lattice Semiconductor Corp whose chips have military applications. In a clear signal from Washington to Beijing, U.S. President Donald Trump has blocked a Chinese-backed private equity firm’s acquisition bid for a U.S. chipmaker, thus telling Beijing in very lucid terms that the United States…
The battery powered Tesla Semi will have a mile range of 200 to 300 miles per single charge. Elon Musk, Tesla Inc’s CEO has disclosed it plans on unveiling its autonomous semi-trucks in late October, a month earlier than its previous estimate. “Tesla Semi truck unveil & test ride tentatively scheduled for Oct 26th…
