Samsung Electronics bags $6.6 Billion Verizon 5G network equipment contract

In a significant development, Samsung Electronics has won a $6.64 billion order to provide wireless communication solutions to Verizon in the United States. The development marks the bagging of a major order by the South Korean company in the burgeoning 5G telecommunications market. The company’s global prospects have risen significantly following U.S. sanctions on Huawei,…

Israeli chip manufacturer Tower Semiconductor halts production following cyber attack

On Sunday, Israeli chip manufacturer Tower Semiconductor said, some of its systems have been hit by a cyber attack as a result of which it has placed on hold some of its manufacturing operations. “Tower has notified relevant authorities, and is working closely with law enforcement organizations and with a leading team of worldwide experts,…

Documents show Huawei shipped prohibited U.S. hardware and software to Iran

Although China’s Huawei Technologies has been consistently denying for years that it has not violating American trade sanctions on Iran, internal documents from the company which dates back to 2010 show that it was directly involved in sending prohibited U.S. computer equipment to Iran’s largest mobile-phone operator. As per internal documents from Huawei, two of…

Airbus plans on investing between $539 to 1.08 billion in A220 passenger jet program in 2020

In a statement, the chief executive officer of Airbus SE said, the planemaker plans on investing between $539 million-$1.08 billion (500 million euros and 1 billion euros) in 2020 on its A220 passenger jet program. Earlier in February, Airbus had raised its stake in the program, known as Airbus Canada, to 75%, up from 50.1%,…

One idiot moment can impact decades of due diligence

British Prime Minister Boris Johnson is scheduled to meet senior ministers on Tuesday to decide on whether the UK will allow China’s Huawei to participate in building the country’s critical 5G mobile infrastructure. The United States views Huawei as a company of particular concern and it sees Huawei’s participation in building a critical infrastructure as…

Using Huawei 5G equipment would be act of madness for UK: US officials

As per a report from the Guardian Newspaper, officials from the U.S. government have provided the British government with additional newer evidence concerning the risks of involving Huawei in developing its future 5G mobile networks. Ahead of Britain’s decision to include Huawei in developing its 5G networks, officials from both countries exchanged views on whether…

Apple offers up to $1 million for remote access exploit for iPhones and cloud-based backups

Apple launched the challenge at the annual Black Hat security conference in Las Vegas. In order to remove exploitable vulnerabilities from its mobile operating system, Apple Inc has announced a bounty of up to $1 million to cyber security researchers who detect flaws in iPhones. This is the largest ever reward Apple has offered to…

Facebook’s messaging apps to be affected in Apple’s new OS for phones

Apple’s new operating system for mobile phones will restrict background access to apps for making internet calls. WhatsApp and Facebook Messenger will be affected. According to a report from The Information, Apple Inc is making changes to its mobile operating system which will restrict voice calls over the internet. Apps such as Facebook Inc’s Messenger…