Huawei to release Hongmeng OS for mobiles phones by end of 2019

Huawei’s Hongmeng will face challenges from Google’s Android operating system. Huawei’s first quarter sales rose on domestic demand. The overseas market for its smartphones has tanked. On Monday, as per a report from China’s state media Global Times, Huawei Technologies Co Ltd is set to release its own mobile operating system, Hongmeng, by the end…

Didi Chuxing launches autonomous self-driving unit

The autonomous driving unit will function as an independent company. On Monday, China’s ride hailing firm Didi Chuxing stated it has launched an autonomous driving unit as an independent company. The business will focus its resources on research and development activities as well as deepen its collaboration with automakers. Zhang Bo, Didi’s chief technology officer…

Pearson Plc’s discloses massive data breach for U.S. students

13,000 schools and university accounts have been exposed by the breach. On Thursday, Pearson Plc, a British education company stated, it has notified customers of a massive data breach which resulted in unauthorized access to about 13,000 school and university accounts, mostly confined to the United States. The data breach exposed the first names, last…

Capital One Financial Corp faces potential class-action lawsuit over cyber breach

A lawsuit, seeking class-action status, has been filed in a federal court in Washington, D.C. Following a cyber breach at Capital One Financial Corp, the bank stated it is now facing a potential class-action lawsuit. A lawsuit, filed by Kevin Zosiak, is seeking class-action status was filed in the federal court in Washington, D.C. Zosiak,…

Qualcomm & Tencent collaborates on creating optimized gaming devices & 5G

The agreement potentially also includes tweaking game titles for U.S. laptops powered by Qualcomm’s processors which will connect to the internet vide 5G rather than use Wi-Fi. Qualcomm Inc, the largest supplier of mobile phone chips stated, it will collaborate with China’s Tencent Holdings Ltd on projects that could include making Tencent’s video games run…

Paige Thompson, Capital One hacker compromised privacy of over 100 million U.S. citizens

It would appear that Paige Thompson wanted to get caught: she posted extract of the data that she hacked on GitHub, a publicly available coding platform. In a significant development, Capital One Financial Corp disclosed that a hacker, who has been arrested, had managed to obtain the personal information, including names and addresses, of around…

deal,

Cancer Diagnostic firm Exact Sciences in advanced negotiations to acquire Genomic Health Inc for $2.8 billion

A potential could be announced as early as next week. According to a report from Bloomberg, Exact Sciences Corp, a cancer diagnostics company, is in advanced negotiations to acquire Genomic Health Inc for around $2.8 billion in order to strengthen its cancer testing unit. The potential deal could be announced as early as next week;…

BlackRock in advanced talks to take over U.S. cyber security firm Cofense Inc

Complicating the negotiations is the fact that a July 19 deadline that was set by CFIUS has lapsed. Further, the U.S. government has also joined in as a trustee to oversee the sale. In a significant development, according to sources familiar with the matter at hand, following a U.S. national security panel asking Pamplona Capital…