With Boeing Co releasing hundreds of internal messages surrounding the development of its simulators as well as its 737 MAX jet that it grounded in March 2019 following two fatal crashes, there has been a firestorm of outrage from U.S. lawmakers. In an exchange of instant messages between two Boeing employees in April 2017, one…
In a statement, Facebook Inc stated, it has tweaked its approach towards political ads and has introduced limited changes, which includes an option for users to turn off certain ad-targeting tools. Facebook has defied critics’ demands of barring political ads in its platform which often spew out fake news. Facebook, the world’s biggest social network,…
On Thursday, Aireon, a U.S. aircraft surveillance firm stated, it has collected the position data from the Ukraine International Airlines jet that crashed in Iran on Wednesday. Aireon is sharing this data with the appropriate authorities, said is spokeswoman. Aireon’s satellite-based global tracking system captures more detailed data than is available on commercial websites like…
On Wednesday, China’s central bank stated an application by a unit of American Express Co (AmEx) had been accepted. The status of the application was revealed in an official social media post from the People’s Bank of China (PBOC). The post did not elaborate on when AmEx can start operations in the country. In November…
In a statement, Microsoft Corp disclosed, a hacking group called “Thallium” has taken control of web domains to steal nuclear related data. In a blog post, Microsoft stated, Thallium, believed to be operating from North Korea, targeted government employees, university staff members, think tanks, and individuals working on nuclear proliferation issues, among others. Most of…
Sources familiar with the matter have disclosed, U.S. chipmaker Nvidia is set to win an unconditional approval from the European Commission over its $6.8 billion acquisition bid to acquire Mellanox Technologies. Known for its powerful graphics chips, Nvidia is looking to boost its data center and artificial intelligence business; acquiring Mellanox will help it better…
Data from the European Commission’s website shows that U.S. chipmaker Nvidia did not offer any concessions to EU antitrust regulators who are examining its $6.8 billion bid to acquire Mellanox Technologies. The European Commission is set to take a decision on Nvidia’s biggest-ever acquisition by December 19. It is to be seen whether the EC…
The U.S. Securities and Exchange Commission has charged the chief executive of Shopin with defrauding investors to the tune of $42.5 million through initial coin offering, by lying to investors that the startup had close ties to major retailers and a Silicon Valley entrepreneur. Eran Eyal, 44, a dual citizen of South Africa and Israel…
In a complaint filed in the U.S. Court of Federal Claims, Amazon Inc has accused U.S. President Donald Trump of having a bias and exerting “improper pressure” in the awarding of a $10 billion cloud computing contract to its rival, Microsoft Corp. Amazon’s complaint states, Trump had launched a “repeated public and behind-the-scenes attacks to…
On Thursday, Australia started an investigation into the potential usage of foreign influence using social media platforms such as WeChat, Facebook, and Twitter. The development comes in the wake of heightened concerns in the country that China is seeking to cast its influence in Canberra’s affairs. In the past, Russia had used social media to…
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