Chinese shoppers spent $139.1 billion during this year’s annual Singles’ Day shopping extravaganza, breaking last year’s record even though spending slowed during the coronavirus pandemic. Alibaba tallied 540.3 billion yuan ($84.5 billion) in spending over the festival that spanned Nov. 1 to Nov. 11, the company said Thursday, a growth of 14% compared to a […]
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As the global health crisis slowly subsides, one cannot ignore the fact that the pandemic forced a brave new world onto all of us. Pandemic-infused conundrums have evolved from mere debates between both people and companies, are now being actionably championed by those looking to thrive within the fourth industrial revolution. The future of work, […]
A suspected Ukrainian hacker has been arrested and charged in the United States in connection with a string of costly ransomware attacks, including one that snarled businesses around the globe on the Fourth of July weekend, U.S. officials said Monday. Yaroslav Vasinskyi was arrested last month after traveling to Poland, according to the Justice Department, […]
Popular investing app Robinhood said Monday that it suffered a security breach last week where hackers accessed some personal information for roughly 7 million users and demanded a ransom payment. The online trading platform said that it believes no Social Security numbers, bank account numbers or debit-card numbers were exposed and that customers have seen […]
Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. The San Francisco-based ride-hailing company said its third-quarter loss widened to $2.42 billion, or $1.28 per share, from $1.1 billion, or 62 cents per share, in […]
Brazil held its much-anticipated auction for build-out of the nation’s fifth-generation wireless network on Thursday, with the open question of whether China’s Huawei telecommunications company will be involved. The technology promises faster speeds, less lag when connecting to the network and the ability to connect more devices to the internet. But the ambitious auction also […]
The San Francisco-based delivery company said Wednesday it’s partnering with security company ADT on the new features, which will be available to all U.S. DoorDash drivers by the end of this year. Under the new system, DoorDash drivers who are feeling unsafe can connect to an ADT agent using a button in DoorDash’s app. The […]
The Biden administration announced Wednesday it is putting new export limits on Israel’s NSO Group, the world’s most infamous hacker-for-hire company, saying its tools have been used to “conduct transnational repression.” The company, whose spyware researchers say has been used around the world to break into the phones of human rights activists, journalists, and even […]
If you’re merely dipping your toe in cryptocurrency, it can be hard to imagine your crypto as something worth talking to an estate attorney about. But that $100 in fun money could grow to a significant percentage of your total investments, sometimes overnight. Sorry to be a downer, but YOLO — so make a plan […]
Meta Platforms, the company that runs Facebook, said Monday it has canceled 937 accounts linked to the government of Nicaragua and the Sandinista party of President Daniel Ortega. Meta said it also removed 140 deceptive pages, 24 groups and 363 Instagram accounts for violating the company’s policy against “coordinated inauthentic behavior on behalf of a […]