White House applying pressure on companies and foreign adversaries to fight cyber criminals

In a statement US officials said, they are applying more pressure on foreign adversaries and on domestic companies to fight cybercriminals; the Biden Administration is considering all options, including a military ones, to counter the growing threat. The U.S. administration is looking at “all of the options,” to defend the United States against ransomware cyber…

Britain’s Telecommunications (Security) Bill bans Huawei Technologies Co Ltd

In a significant development, the British government is set to pass a bill which will see British telecoms companies facing a fine of up to 10% of their turnover or $133,140 (100,000 pounds) a day fine, if they contravene a ban on using equipment made by China’s Huawei Technologies Co Ltd. The Telecommunications (Security) Bill…

Cyber security specialists team up to fight COVID-19 cyber threats

Cyber security specialists have formed an international group to fight hacking related activities revolving around China’s coronavirus. The international group consisting of nearly 400 volunteers with expertise in cybersecurity is called the COVID-19 CTI League. The group which monitors cyber threat intelligence spans across 40 countries and includes professionals in senior positions at major tech…

China’s coronavirus threatens mobile phone industry: Qualcomm’s CFO

The coronavirus outbreak in China poses a potential threat to the mobile phone industry, said Qualcomm Inc while adding that it is likely to impact its manufacturing and sales. These comments by Qualcomm, the world’s biggest supplier of “modem” chips has resulted in the tumbling of chip stocks despite signs that an industry downturn was…

Amazon’s in-house delivery on track to deliver 3.5 packages in 2019

In a development that marks Amazon’s growing in-house delivery business, the world’s largest online retailer stated, it was on track to deliver 3.5 billion customer packages globally this year. Amazon’s growing network of delivery trucks, planes, and vans, is considered as potentially a long-term threat to United Parcel Service Inc and FedEx Corp. FedEx has…

Huawei and ZTE being methodically sliced from U.S. telecommunication networks

A group of 15 U.S. senators from both the Republican and the Democratic party have written a letter to the U.S. Commerce Department urging it to suspend issuing licenses to U.S. firms that conduct business with China’s Huawei Technologies Co, citing threats to U.S. national security. The letter also urges the Trump, administration to halt…

U.S. companies can sell non-blacklisted items to Huawei: U.S. Commerce Department

According to the U.S. Commerce Department, general merchandise with no “national security influences or consequences” can be sold to Huawei, which continues to remain in the Entity List. In a significant development, the U.S. Commerce Secretary Wilbur Ross stated, the U.S. government will issue licenses to companies seeking to sell goods to China’s Huawei where…

Japan to buy 9 E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft for $3.135 billion

The potential sale will augment Japan’s capability to assess the situational awareness of air and naval activity in the Pacific region. As per a statement by the U.S. State Department, the potential sale of upto 9 E-2D Advanced Hawkeye Airborne Early Warning and Control aircraft have been approved for Japan. The estimated cost of the…

China’s ZTE Corp loses $3 billion market capitalization after it agrees to pay U.S. fine

ZTE’s strategic move will, at least in the short run, allow it to resume operations and start sourcing components from the U.S. It is to be seen how the Trump Administration navigates ZTE’s stigma of posing as a national security threat to the U.S. in the Congress. On Wednesday, Chinese telecommunications giant ZTE Corp saw…

U.S. Supreme Court upholds legality of the Inter partes review process

To the chagrin of patent trolls and big pharma, in a ruling with widespread implications for high technology companies, including Apple and Samsung, U.S. Supreme Court justices in a 7-2 ruling upheld the IPR system. In a development with significant implications for tech companies, on Tuesday the U.S. Supreme Court approved of a government review…