Reuters

Crypto Crash Threatens North Korea's Stolen Funds as it Ramps up Weapons Tests

The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the sanctions-stricken country and its weapons programmes. North Korea has poured resources into stealing cryptocurrencies in recent years, making it a potent hacking threat and leading […]

Russia Fines Foreign Firms for Alleged Data Storage Violations

Video streaming service Twitch, social network Pinterest, holiday rental company Airbnb and United Parcel Service (UPS) were all fined by a Moscow court on Tuesday for allegedly refusing to store Russian citizens’ personal data in Russia. Moscow has clashed with Big Tech over content, censorship, data and local representation in a simmering dispute that has […]

Siemens to Buy U.S. Software Company Brightly in $1.58 Billion Deal

Siemens is buying U.S. tech company Brightly Software from private equity owner Clearlake Capital for $1.58 billion, the German engineering group said on Monday, its latest move to broaden its software credentials and grow faster than rivals. Siemens Smart Infrastructure, which offers digital systems to manage buildings’ security and energy consumption, is buying Brightly to […]

Canada to Impose Additional Sanctions, Ban Tech Export to Russia -Statement

Canada on Monday announced more measures in response to Russia’s invasion of Ukraine, including additional sanctions and a ban on the export of technologies that could help improve Russia’s defense manufacturing capability. The new sanctions would target six individuals and 46 entities linked to the Russian defence sectors, 15 Ukrainians supporting Russia, and 13 individuals […]

Monkeypox Case Count Rises to More Than 3,400 globally, WHO Says

More than 3,400 confirmed monkeypox cases and one death were reported to the World Health Organization as of last Wednesday, with a majority of them from Europe, the agency said in an update on Monday. WHO said that since June 17, 1,310 new cases were reported to the agency, with eight new countries reporting monkeypox […]

Fight Over Funding Threatens EU Deal on New Climate Laws

A dispute over how to shield low-income citizens from European Union policies to put a price on pollution is threatening to prevent the bloc’s countries from agreeing a raft of new green measures. Environment ministers from the EU’s 27 member countries meet on Tuesday to attempt to agree joint positions on more ambitious laws to […]

BioNTtech in Conflict with Regulator Over New COVID Vaccine Approval - WAS

The launch of German drugmaker BioNTech’s vaccine adapted to the Omicron coronavirus variant may be delayed due to a disagreement with the regulator over the approval process, the Welt Am Sonntag (WAS) newspaper reported on Saturday. The regulator should still decide by the end of June whether or not to approve the new vaccine but […]

U.S. Tech Industry Frets About Handing Data to States Prosecuting Abortion

The technology industry is bracing for the uncomfortable possibility of having to hand over pregnancy-related data to law enforcement, in the wake of the U.S. Supreme Court’s decision on Friday to overturn the Roe v. Wade precedent that for decades guaranteed a woman’s constitutional right to an abortion. As state laws limiting abortion kick in […]

Australian Retail Giants Targeted in Facial Recognition Tech Complaint

A major consumer group has referred three of Australia’s biggest retail chains to the privacy regulator, saying they use “unreasonably intrusive” facial recognition technology on customers and recommending enforcement action. CHOICE, in a complaint to the Office of the Australian Information Commissioner (OAIC) published on Monday, said use of the technology at JB Hi-Fi Ltd’s […]