After releasing delayed third-quarter results with a disclaimer from its auditor, Japan’s Toshiba Corp’s CEO said on Tuesday that the company will make every effort to avoid being delisted by the Tokyo Stock Exchange. “The decision on any delisting is for the stock exchange to make,” Satoshi Tsunakawa said at a press briefing in Tokyo. “We…
In relation to a dispute over licensing fees for mobile technology, chipmaker Qualcomm is countersuing Apple Inc in a time frame of less than three months after being sued by the iPhone maker for $1 billion. Seeking to “enjoin Apple from further interference with Qualcomm’s agreements with the companies that manufacture iPhones and iPads for Apple” and unspecified damages,…
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…
By reaching a market capitalization of as much as $51.105 billion which is now higher than General Motors’s, on Monday, Tesla Inc briefly became the most valuable U.S. car maker. Before dropping down below that of GM’s its market value was at one point larger than GM’s, which was $51.095 billion, as the luxury electric…
According to a study on the rise of the autonomous age, a seismic shift that will upend the auto industry will be set off as it is expected that a quarter of all miles driven in the U.S. could be in shared, self-driving electric cars by the end of the next decade. the Boston Consulting Group said in…
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,…
This is the largest known breach of Dallas’ warning system. The city is investigating the incident. Officials from Dallas have disclosed that a computer hack had set off all of the emergency sirens in the city for around 90 minutes. This is one of the largest known breach of the warning system. The 156 sirens…
