In a significant development, the U.S. Senate voted 68-32 to approve a sweeping legislative package aimed at boosting the country’s ability to compete with China, with the U.S. Congress seeking to take a tough line on Beijing. The bipartisan measure authorizes around $190 billion in provisions to strengthen U.S. technology and research spending; it will…
In a breaking development, U.S. tech giant Microsoft Corp stated, it had disabled by more than 90%, machines that were used by a gang of Russian-speaking cyber criminals to control a massive network of computers which had the potential to disrupt the 2020 U.S. Presidential election. The development was aided by a series of U.S. court…
In a significant development, several agencies from the U.S. government including the Justice Department called on the Federal Communications Commission (FCC) to revoke China Telecom (Americas) Corp’s ability to provide international telecommunications services to and from the United States. China Telecom is the U.S. subsidiary of a People’s Republic of China (PRC) state-owned telecommunications company.…
Bank of England along with the finance ministry and the Financial Conduct Authority are slated to run a test today to gauge the resilience of the country’s financial sector against a major cyber attack. Britain’s central bank has disclosed, it will carry out a test on Friday to gauge the ability of the financial sector…
A routine maintenance led to the payment processing issues at Australia’s Central Bank. On Thursday, Australia’s central bank stated, an internal power failure caused by the maintenance of its fire control systems as the cause of its Sydney data center inability to process some payments. Although the outage lasted only 3 hours, according to representatives…
McNeill’s ability to nurture and bring a startup to scale will be beneficial for Lyft as it continues to grow and expand in the coming years. Lyft disclosed it has hired Jon McNeill, a former president of global sales and service at Tesla, as its chief operating officer and noted McNeill’s ability and experience of…
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