Blackstone Group annuls its plans to acquire a 40% stake in mobile surveillance developer NSO Group

It would appear that the talks were annulled midst a series of complaints over the usage of spyware developed by the NSO Group and how these would reflect on Blackstone. According to sources familiar with the matter at hand, the Blackstone Group has pulled out of advanced talks to acquire a stake in Israel’s NSO…

U.S. citizens are losing the battle for privacy, states brief filed by U.S. tech companies

The brief urges the U.S. Supreme Court to side with the digital rights of citizens against intrusive governments breaches of privacy. More than a dozen technology companies along with Verizon Communications Inc, the biggest wireless operator in the U.S., have called on the U.S. Supreme Court to formulate rules that will make it harder for…

Donald Trump prods China to act on North Korea, authorises probe of its intellectual Property practices

Finally a President who can stand up to China’s suspicious trade policies. In a significant development with long term inpact, U.S. President Donald Trump has authorized an inquiry into China’s alleged theft of intellectual property, in what has been described as a first step towards mitigating the trade imbalance between the two nations. With China…

Blockchain company ties up with medical AI company

Blockchain technology being used to validate, store and track healthcare data.   The Bitfury Group has entered into an alliance with Insilico Medicine, a Baltimore-based medical artificial intelligence (AI) firm, to create new applications for the healthcare industry using blockchain. Blockchain technology, being developped in the private as well as in the public sector, has…

Technology To Speed Up Blockchain And Its Adoption Unveiled By Microsoft

Even as Microsoft Corp looks to speed up use of the distributed database software by enterprises, the U.S. tech giant is working on technology that it believes can make blockchain-based systems faster and more private. In order to solve some of the issues that have slowed down the adoption of blockchain networks, including speed and…

Toyota, Intel, Ericson, Docomo and others create auto tech consortium

The coming age of autonomous self-driving vehicles have necessitate close collaboration between tech companies and automakers.   Toyota Motor Corp along with Intel and other tech and auto companies have formed a consortium to create an ecosystem that will cater to big data for the upcoming connected car market. The Japanese carmaker also mentioned that…