In a regulatory filing, Brazilian medical lab company Fleury SA said, a cyberattack had resulted in the partial outage of its information technology systems. The company is assessing the impact of the cyberattack and is taking actions to minimize its effects. It would inform the market in a timely manner regarding any relevant updates on the…
According to two sources familiar with an SEC investigation, the regulator has opened an investigation into last year’s SolarWinds cyber attack; the probe is focusing on whether failed to disclose that they had been affected by the hack. Last week, the SEC sent investigative letters to a number of public issuers and investment firms requesting voluntary…
On Tuesday, in a statement, Starlink’s president Gwynne Shotwel said, the company expects to be able to provide continuous global coverage of internet services by around September, subject to regulatory approvals. “We’ve successfully deployed 1,800 or so satellites and once all those satellites reach their operational orbit, we will have continuous global coverage, so that…
In a statement, Volkswagen’s sports car unit Porsche AG said it is setting up a joint venture with Customcells to produce high-performance batteries which purportedly will significantly decrease battery charging times. The statement mentions that the partnership with Customcells, a company which specializes in producing lithium-ion cells, is aimed at producing car batteries with higher energy…
In a statement Boeing said, it will integrate an anti-jamming system developed by Israel’s Elbit Systems into a fleet of F-15 fighter jets which it will sell to a yet-to-be disclosed customer. “The Immune Satellite Navigation System ensures uninterrupted GPS operation, providing full jamming immunity for multiple satellite channels and can handle multiple interfering signals,”…
According to sources familiar with the matter at hand, Alphabet’s Google is likely to face its most significant regulatory threat from EU antitrust regulators, who are set to open a formal investigation into its digital advertising business by the end of 2021. In the last decade, the European Commission had fined Google more than $9.8 billion…
In a statement on Tuesday, Jaguar Land Rover said, it will begin testing a hydrogen based fuel-cell prototype model based on its Land Rover Defender vehicle later this year. The development sees the carmaker expand its zero-emission portfolio. Owned by India’s Tata Motors, earlier this year, JLR said it aims to be entirely electric by…
On Tuesday, Southeast Asian online automotive marketplace Carro said, it has raised $360 million in its latest funding round that was led by SoftBank Vision Fund 2, becoming the region’s latest unicorn. “The valuation for the company is well over a billion dollars,” said Carro, Aaron Tan, the CEO and founder of Singapore-headquartered Carro. Carro…
In a tweet, Elon Musk, Tesla Inc’s CEO said, the electric carmarker will accept bitcoin transactions when miners who verify transactions use more renewable energy. “When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions,” said Musk in a tweet. Following Musk’s tweet, the…
An executive from Huawei Technologies said, the company aims to develop driverless passenger car technology by 2025. The move sees the erstwhile Chinese telecom giant diversifying its business in the face of U.S. sanctions. “Our team’s goal is to reach true driverless passenger cars in 2025,” said Wang Jun, senior executive at Huawei’s smart vehicle…
