SoftBank to launch autonomous-enabling services in Japan in July 2019

SoftBank’s service will power a range of machineries including autonomous farm equipment to buses and drones. In a statement, Japan’s SoftBank Corp stated it will be launching a service in 2019 that will use satellite navigation data and the telco’s mobile base stations to help power self-driving buses, drones and farm machinery. SoftBank’s service will…

Hackers gained access to Australian National University sensitive database

Australian National University is Melbourne’s top university and its graduates hold senior positions in the government. Hackers were able to gain access to bank account numbers as well as passport details. On Tuesday, one of Australia’s top-ranked university the Australian National University (ANU) stated hackers had breached its cyber defenses in late 2018 and had…

IEEE lifts curbs on Huawei subsidiaries and employees

While U.S. based IEEE has lifted its curbs, Beijing-based technology research group The China Computer Federation (CCF) has yet to reciprocate. On Monday, in contrast to the ham fisted stand taken by China, the Institute of Electrical and Electronics Engineers (IEEE) disclosed, it has lifted curbs on employees of Huawei Technologies and its subsidiaries; they…

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German chipmaker Infineon Technologies AG close to acquiring Cypress Semiconductor Corp

The potential deal values U.S. chipmaker Cypress Semiconductor Corp at around $10 billion. As per a report from Bloomberg, German chipmaker Infineon Technologies AG is closing in on a deal to acquire Cypress Semiconductor Corp; the potential deal values the U.S. chipmaker at nearly $10 billion. The report which cites sources familiar with the matter at…

Global Watchdog FSB Calls For Proactive Checks On Crypto Risks

According to the global financial stability watchdog, the current rules to regulate the cryptocurrency sector are inadequate and hence regulators need to spruce up their risk assessments of the sector. The body further said that that there can be gaps in the policies of regulators on digital currencies because of any fast technological advancements. In…