Facebook approaches settlement with the FTC over consumer data data breach violations

The focus of the FTC’s investigation into Facebook’s data breach was whether the sharing of personal data of 87 million users with British political consulting firm Cambridge Analytica violated its 2011 agreement with the FTC wherein it had pledged to safeguard user’s privacy. As per a report from the Wall Street Journal citing sources familiar…

Saudi Arabia’s ACWA Power to expand into manufacturing of solar panels

ACWA Power’s plan has multiple sweet points given that it is aligned with Riyadh’s goal to diversify its economy and wean its economy away from just oil exports. In a development that places the development of power and water plants at the heart of Saudi Arabia’s bid to develop its renewable power industry, Riyadh-based ACWA…

Key stakeholders to attend meeting on quantum computing at White House

Given its wide ranging potential, Washington wants to develop and leverage the power of quantum computing which is currently in its infancy. On Monday, in efforts aimed at boosting efforts at quantum computing, the White House is set to hold a meeting with academic experts, U.S. government officials, and leading tech companies including Alphabet Inc,…

Walt Disney Co to create live sports, original programming and news for Twitter

Video content on Twitter has doubled in the last 1 year. In a move designed to attract online viewerships, and gain advertising revenues, Walt Disney Co stated it will create news, live sports and entertainment programming specifically for Twitter Inc’s social network. Disney’s peers, including MSNBC, NBC, and Viacom Inc’s Comedy Central, BET and MTV…

Mitsubishi Corp partners with U.S. Digital Realty Trust for opening 10 data centres in Japan by 2022

Data centers are set to be key engines for growth in an increasingly digital world. On Saturday, the Nikkei, a Japanese news daily has reported, Mitsubishi Corp, a Japanese trading house, plans on setting up a joint venture with Digital Realty Trust, a U.S. data center operator, to bold 10 data centers in Japan by…