Work-from-home creates perfect opportunities for cyber criminals, corporates spies and hackers: cyber security experts

With companies temporarily closing their offices and with more people working from home with company data because of the Wuhan coronavirus, hackers are likely to take advantage of the situation, said cyber security experts. Government officials from the United States and Britain along with others have warned on the cyber security dangers of working remotely…

InterDigital Wireless & Qualcomm Inc aim to license their 5G tech to China’s Huawei despite U.S. ban

The U.S. ban on selling American technology to Chinese firms, which now has a grace period of 90 days, does not cover patents. Moreover Huawei owns both firms sizeable dues … cutting off business relations could potential mean massive writedowns if not write-offs. In a significant development, patent attorneys of InterDigital Wireless Inc stated, it…

Tesla invests $2 billion into its Shanghai Gigafactory

This strategic investment aligns multiple sweet spots: in a single stroke Elon Musk is increasing Tesla’s footprint in China, the world’s biggest auto market, boosting production capacity and export potential while facing Chinese EV startups head-on. In a development that marks Tesla’s latest attempt to boost its footprint in China, as per a local business…

HSBC Holdings Pls completes world’s 1st finance transaction using blockchain technology

As per a study conducted by the United Nations, adopting blockchain technology could potentially boost the turnover of importers and exporters by 44% while slashing their cost by up to 31%. On Monday, in a significant development, HSBC Holdings Plc disclosed it has successfully completed the world’s first trade finance transaction using blockchain technology. The…