As the world increasingly focuses attention on climate change, Roland Busch, the CEO of Siemens AG, says his company is well-positioned to help manage the challenges. Munich-based Siemens specializes in making buildings, factories and railroads more efficient through digitalization and automation. And its medical unit includes technology that could lead to faster treatments for stroke […]
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Tesla has finally released through the weekend its beta version 9 update of its full self-driving system, after four years of delay, the automaker’s CEO Elon Musk said in a tweet. Musk had stated earlier in 2018 that version 9 is coming soon, then again in 2019. However, earlier this month, the CEO again swore […]
Swiss-based insurance and mortgage comparison company Comparis.ch has fallen victim to ransomware attack on Wednesday and shut down its website on Thursday out of fear of customer data breach. Comparis.ch is a price and product comparison platforms in Switzerland, specializing in products of health insurers prices, insurance companies’ prices, alongside banks and telecom providers. On […]
The European Union handed down $1 billion in fines to major German car manufacturers Thursday, saying they colluded to limit the development and rollout of car emission-control systems. Daimler, BMW and Volkswagen along with its Audi and Porsche divisions avoided competing on technology to restrict pollution from gasoline and diesel passenger cars, the EU’s executive […]
Personal 3D printers have been on the rise for quite some time now, as their uses have been leveraged in a plethora of ways to produce anything from dental supplies to 3D figurines; this goes to show the versatility of the technology. According to a new report by MarketsandMarkets, the global personal 3D printers industry […]
Back in 2001, internet connection speeds were estimated to be just 0.1Mbps. In fewer than 20 years, broadband and connectivity have changed in ways we could never have imagined. And the evolution is far from over. Fibre to the Premises (FTTP) takes the fibre optic connection directly from the local exchange into a business’ building, […]
Saudi Arabia is looking to attract investments upwards of $18 billion dollars as part of its bid to construct large-scale data centers across the Kingdom, the country’s Ministry of Communications and Information Technology (MCIT) announced this week. The move – which is part of Saudi Arabia’s Vision 2030 – aims to transform the gulf country […]
In a series of endless attacks on the U.S. and its allies’ infrastructures, a wave of Russian government-associated hacks and ransomware attacks have been reoccurring, and now another security breach has been identified on third-party provider Synnex. Following their previous attack on SolarWinds, the Russian group known as Cozy Bear, backed by the Russian government […]
IBM introduced on Wednesday its latest open-source serverless framework, with the solemn purpose of simplifying integration and efficient scaling of big data and artificial intelligence (AI) workflows into its hybrid cloud. IBM’s recent technology, CodeFlare, is designed at the rank of a promising open-source distributed computing framework for machine learning (ML) applications commonly referred to […]
The digital world’s exposure to cyberthreats disturbance as potential and targeted attacks shows how cybercrimes has escalated to be one of the most reported crimes, with data breaches and fraud losses to exceed $200 billion over the next 5 years. Following the chain of notorious cyberattacks breaching the security of a plethora of businesses worldwide […]