Anthony Levandowski, the former head of Uber Technologies Inc’s self-driving technology unit, has filed for bankruptcy protection following a court order confirming that he must pay $179 million to Google to end a lawsuit over his split from Alphabet Inc’s Waymo. In December, an arbitration panel had ruled that Levandowski, a former key engineer in…
With much of its exports to China being blocked by U.N sanction, an impoverished and increasingly cornered North Korea has taken the cyber route to enriching itself. With the recent surge in the price of bitcoins, cyber security experts opine the net worth of its stolen tokens amount to $82 million. With more international sanctions…
While the 1st attack has been linked to North Korea’s spy agency, South Korea’s KISA along with local law enforcement agencies have begun investigating the hack in which 4,000 bitcoins were stolen. On Tuesday, Youbit, a South Korean cryptocurrency exchange disclosed, it was shutting down for bankruptcy following a second hacking attack this year. The…
An analysis of their expenses show, despite similar spending patterns, GM’s resource management and financial planning strategy has resulted in the company releasing far more new and redesigned vehicles than Ford. Although James Hackett spent the whole of last year strategizing on Ford Motor Co’s long-term self-driving car strategy, in his first week as the…
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…
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