In a significant development, the twitter account of high-profile figures, including U.S tech entrepreneur Elon Musk, Bill Gates, Jeff Bezos, reality TV star Kim Kardashian, U.S. presidential candidate Joe Biden, former U.S. President Barack Obama, among many others have been hacked and used to solicit digital currency. In a sign that marks the seriousness of…
In addition to ending the special trade status for Hong Kong, United States president Donald Trump also signed an executive order to impose stricter sanctions targeting Chinese businesses and officials in reaction to the new Chinese national security law being imposed in Hong Kong at the beginning of this month. While condemning the move, China…
A lawsuit seeking class action status has alleged that even after users of alphabet Inc’s Google’s apps follow the company’s recommended settings for stopping monitoring of what they are doing, the company continues to record the activities of on hundreds of thousands of mobile apps. The law suit against Google has been filed by the…
In a reversal of sorts, the United Kingdom has directed all telecom companies of the country to remove all components and equipment from the Chinese telecom equipment making giant Huawei from their 5G networks by 2027. This has renewed a clash between London and Beijing. Additionally, after the end of the current year, UK telecom…
On Wednesday, India’s Reliance Industries stated, Alphabet Inc’s Google has decided to purchase a 7.7% stake in its digital business for $4.5 billion. The development marks yet another U.S. tech giant backing Reliance Industries’ digital business following Facebook Inc doing so in April 2020. In a webcast at the company’s annual shareholders meeting, Reliance Industries’…
On Wednesday, Nissan Motor Co unveiled its first global model in the last five years – the Ariya electric SUV in the hope that it will lead to its recovery following a year of scandal eating into its earnings. According to sources with knowledge of the matter at hand, initial plans through for the Ariya…
In a report citing an internal video message, Bloomberg News reported Apple Inc as saying, it had informed its staff that a full return to U.S. offices will occur only after the end of this year. Apple is also encouraging staff to work remotely as a means to mitigate the COVID-19 risks, after the coronavirus…
In a momentous decision British Prime Minister Boris Johnson is set to ban China’s Huawei from Britain’s 5G network on Tuesday. The development comes at a time when the Chinese company is facing heightened scrutiny over allegations that it can hand over sensitive data to Chinese intelligence following Beijing’s enacting a National Intelligence Law which…
On Monday, in a significant development, authorities in Singapore stated, a blockchain-based payments network that could enable faster and cheaper international settlements has been developed and will soon be ready for a commercial rollout. During the final phase of the years-long ‘Project Ubin’, the Monetary Authority of Singapore teamed up with J.P. Morgan and state…
Volkswagen plans on replacing the head of its software development, reported German newspaper Handelsblatt. The development comes at a time when the German automaker is wrestling with the transition to electric vehicles. According to the report, Christian Senger, a former BMW manager who runs the recently founded Car.Software.Org unit, will be replaced. The development follows…
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