Google, Facebook, Twitter and Microsoft confirm Russian involvement in 2016 U.S Presidential election campaign

U.S. investigators are gradually piecing together how the Kremlin orchestrated its disinformation campaign using U.S. platforms to influence the 2016 U.S. Presidential campaign. As per a person briefed on Google’s probe on Russian involvement in the 2016 U.S. elections, Google has discovered that Russian agents had spent tens of thousands of dollars on ads on…

Hackers, U.S. Governors, Academics collaborate to stop the rigging of future U.S. elections

Ever wandere why the U.S. government banned the use of Kaspersky Anti-virus on government computers? How difficult is to remotely exploit vulnerabilities in voting machines and computer systems. Here’s a 5 minute read that sheds light on these topics. In an unlikely coalition, academics and hackers have joined forces with U.S. governors to strengthen and…

Samsung Electronics’s shares rise on expectations of record profits

Analysts are expecting Samsung’s memory chip business to be its cash cow. On Tuesday, Samsung Electronics Co Ltd’s shares rose by 4.5% on analysts’ expectation that the world’s no. 1 memory chip maker will announce record profits for its memory chip business for the second quarter. Samsung’s shares marked their biggest intraday jump since October…

Uber strikes conciliatory tone under Dara Khosrowshahi

The new tactical approach has already starting paying dividends: the Norwegian government has recommended to repeal certain provisions related to taxis while the EFTA surveillance authority has ruled in Uber’s favor saying the Norway’s restrictions on taxi licenses were illegal. On Monday, Uber stated it would suspend UberPOP, its unlicensed service in Oslo and wait…

Ericson selects former chairman of Atlas Copso, as its chairman

Ronnie Letin, 60, a Belgian, has been described as a “very skilled businessman, technically savvy and strategically versatile”. In efforts aimed at reigning in and reviving its dipping fortunes, mobile equipment maker, Ericsson has selected Ronnie Leten, the former of of Atlas Copco, a mining gear maker, as its new chairman. In July, Ericsson’s chairman…

Data center operator Switch Inc’s IPO is the second largest U.S. tech company to hit the U.S market this year

While Switch had projected its listing price to be in the range of $14 to $16, it’s share price broke all expectations and was listed at $17, much to the cheer of investors. In a significant development, Switch Inc has raised $531.3 million from its initial public offering wherein it had priced its share at…

Hewlett Packard gains regulatory approval from China for its acquisition of Samsung Electronics’ printer business

HP had announced the deal in September 2016. Now that it has got all necessary regulatory approvals, it expects to close the acquisition by December 31. In a major development HP Inc has approved China’s regulatory approval for its $1.1 billion acquisition of Samsung Electronics’ printer business. However, the go ahead has come with a…

Self-driving vehicles are finally going to hit U.S. roads thanks to this bill

In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…

Vehicle inspectors find significant irregularities in Nissan Motors’ 6 auto plants across Japan

This is the reason why the automaker was forced to recall 1.2 million cars in Japan. On Wednesday, Japan’s transport ministry stated it had carried out spot inspections at two of Nissan Motor Co Ltd’s plants which produce vehicles. The development assumes significance in the wake of irregularities which forced the automaker to recall 1.2…