The allegations and the counter allegations make for a brief interesting read. Qualcomm Inc has hit back hard at Apple Inc’s charges that were made in its January lawsuit, stating that the U.S. company had breached multiple agreements and had encouraged regulatory attacks on its business in various jurisdictions around the world by making false…
Now that there is more clarity on the quality of information gleaned from users, the deal is likely to result in an agreement by summer. In a significant development, Facebook’s European regulator has disclosed that it has reached a deal with the U.S. company which allows for the collection of data from WhatsApp, a messaging…
In recent years, LeEco has grown so fantastically that it faced financial issues. Its founder termed these issues as the “big company disease.” LeEco, a recent Chinese tech company with global ambition whose businesses have ranged from electric vehicles to smartphones, has been forced to abandon its proposed $2 billion acquisition of Vizio, a U.S.…
Although the Kelihos botnet has grown resilient after every strike, in this attempt the DoJ may have stumbled upon on a critical weakness from which it may never recover. The U.S Justice Department has disclosed, it has launched an effort to take down the Kelihos, a global network of infected computers numbering into tens of…
Of the 270,000 accounts that have been compromised, 245,000 belong to Britons. Wonga, a UK-based lender has warned its customers in Poland and in Britain that their personal data may have been stolen in the latest major breach in the company’s security. Recent cyber-attacks have of late targeted British institutions, business, and banks, including, Talk-Talk,…
In what is being considered to be the latest blow for two firms already struggling in key markets, engine issues have forced Hyundai Motor Co and Kia Motors Corp to plan to recall 1.48 million vehicles in the United States, Canada and South Korea. At a time when Hyundai and Kia face a sharp drop…
Calling it “very challenging” in remarks to a Senate panel, the general who commands America’s nuclear arsenal issued a warning about North Korean missile advances. Frustration about the lengthy delays and budget instability that he said are hindering the ability to modernize the nation’s nuclear deterrence capabilities, was expressed at the same time by Gen.…
Japan and the U.S. are coordinating to prevent the Chinese from acquiring it. The Japanese government and the Trump administration are coordinating to ensure that Toshiba Corp’s Westinghouse Electric Co bankruptcy does not lead to U.S. technology secrets and infrastructure falling into the hands of Chinese. Last month, Toshiba’s Westinghouse had filed a bankruptcy having…
There is a significant rise from its last funding round which had valued the company at $5.5 billion. In a major milestone for Lyft Inc, in the latest funding round of the ride services company, it has mopped up at least $500 million thus bringing about its valuation to $7.5 billion, said a source close…
Here is how Ford aims to strategically capture China’s burgeoning vehicle market. Ford Motor Co has disclosed in 2018, it plans on launching a new plug-in hybrid car in China followed by the launch of an electric sport-utility vehicle to China in the next five years. Ford plans on electrifying its entire vehicle lineup. In…
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