Canada’s Telus Corp scheduled to launch 5G services with Huawei: Telus Corp’s CFO

In a statement by Canadian telecom operator Telus Corp’s Chief Financial Officer Doug French, the telecom operator is scheduled to roll out 5G services with the help of Huawei Technologies Co Ltd’s equipment. “It’s important for us to launch our network when the time is right…” said French in a statement while adding the company…

U.S. Federal Reserve looking at potentially issuing its own digital currency

In a statement, Governor Lael Brainard of the U.S. Federal Reserve stated, the central bank is looking at a broad range of issues surrounding digital currencies and payments, including design, policy and legal considerations around potentially issuing its own digital currency. The development underscores an openness in the possibility of the Federal Reserve issuing its…

Unpatched Apple’s Safari web browser allows tracking of users browsing behavior

Researchers from Google have discovered multiple security vulnerabilities in Apple Inc’s Safari web browser. These vulnerabilities allow the tracking of users’ browsing behavior, reported the Financial Times. These coding flaws were found in a tool specifically designed to protect privacy and could have allowed third parties to obtain sensitive information about browsing habits of users,…

White House unveils regulatory principles that will govern usage of AI

On Tuesday, the White House proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at limiting authorities’ “overreach”; it also said, it wants European authorities to follow its lead and avoid aggressive approaches. Producing a fact sheet the White House said, federal agencies should “conduct risk assessment and cost-benefit analyses…

Russian antitrust authorities investigating Apple Inc over abusing its market dominance

The development revolves around a highly invasive technology called Mobile Device Management. On Thursday, antitrust authorities in Russia disclosed, they have begun investigating Apple Inc following a complaint from cybersecurity firm Kaspersky Lab that Cupertino may be abusing its dominant market position. Russia’s FAS stated it was investigating why a new version of Kaspersky Lab’s…

Facebook to pay $5 billion fine as part of a sweeping settlement with the FTC

While the settlement resolves a major regulatory overhead for Facebook, the embattled social media giant still faces potential antitrust probes from the FTC and Justice Department. On Wednesday, in a significant development, the Federal Trade Commission stated, Facebook Inc has agreed to pay $5 billion as part of a sweeping settlement to create a board…

Trump meets Apple CEO Tim Cook ahead of imposing new trade tariffs on China

The new wave of tariffs which could go into effect from August 1, is likely to cover consumer electronics, including smartphones and tablets. With U.S. President Donald Trump deliberating whether to make good on his threat to impose tariffs on the remaining un-tariffed Chinese exports to the United States, Trump met Apple’s CEO Tim Cook…

Facebook to launch new video chatting devices in 2019 Autumn

The chat devices fits snugly into Facebook’s focus towards private messaging by encryption of conversations on more of its messaging services. In the autumn of 2019, Facebook Inc plans to release new versions of its Portal video chatting devices, said Andrew Bosworth, Facebook’s vice president of AR/VR, in an interview at the Code Conference in…