The report notes, “The evidence of sustained change is especially important as similar strongly worded commitments from Huawei in the past have not brought about any discernible improvements”. On Thursday, in a significant development, Britain has publicly chastised Huawei Technologies for failing to fix long-standing security flaws in its mobile network equipment and revealed new…
Inmarsat Plc top shareholder Lansdowne Partners and the company’s directors consider the terms of the deal to be “fair and reasonable” and expect shareholders to unanimously vote in favor of it. In a significant development, a private equity-led consortium has agreed to acquire Inmarsat Plc for nearly $3.4 billion in cash. In 2018, the British…
Western democracies are aiming to take action against groups and states aiming to influence elections through voter manipulation and disinformation campaigns. On Thursday, British foreign minister Jeremy Hunt unveiled a “doctrine of deterrence”, which includes diplomatic and economic counter-measures, to prevent cyberattacks that threaten to turn elections into “tainted exercises”. The move, part of a…
Marks & Spencer has entered into a joint venture with online supermarket pioneer Ocado and has thus forayed into the online full delivery service market. On Wednesday, British retailer Marks & Spencer (M&S) has agreed to form a joint venture with Ocado, an online supermarket pioneer. The development assumes significance since it would provide M&S…
Dismissing reports that New Zealand will adopt Britain’s approach, Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. On Monday, New Zealand’s Prime Minister Jacinda Ardern stated, Wellington would independently assess the risk of using China’s Huawei Technologies in its 5G networks. The development…
While hackers were able to get access to Superdrug’s customer database containing client’s name, address, date of birth and phone numbers, they did not manage to get their hands on Superdrug’s clients’ payment info. Superdrug, a British pharmacy, has disclosed that hackers had, in all probability, managed to access the personal information of some of…
With countries increasing scrutiny over equipments produced by those they consider as adversaries, companies in the tech industry are facing headwinds. According to sources familiar with the matter at hand, China’s Huawei Technologies is facing strong headwinds by way of heightened scrutiny in Britain over the usage of a legacy software component sold by a…
Hackers were able to go through the personal records of 10 million customers of British electricals and mobile phone retailer Dixons Carphone, in 2017. On Tuesday, British electricals and mobile phone retailer Dixons Carphone disclosed, hackers have been able to access 10 million personal data of customers in 2017. “While there is now evidence that…
According to the CEO of Society of Motor Manufacturers and Traders (SMMT), Britain’s biggest car manufacturing lobby, “There is growing frustration in global boardrooms at the slow pace of negotiations”. On Tuesday, Britain’s biggest car manufacturing lobby, the Society of Motor Manufacturers and Traders (SMMT), stated the lack of clarity over Brexit has diminished new…
While Mercari has gained traction in Japan and Britain, in the U.S. although it does not any direct competitor, it is to be seen how it will mitigate challenges from tech giants, including eBay Inc and Amazon.com who dominate the e-commerce market. Riding on the success of a recent funding round which boosted its market…
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