Search results for "security"

Rural telcos fear ramifications of China-US trade war

Numerous U.S.-based Internet Service Providers (ISP) are set to obtain on October 29 reimbursements from the Federal Communications Commission (FCC), welcoming a filing opportunity to “rip and replace” Huawei and ZTE telecom equipment.  Bloomberg revealed a $1.9 billion program allowing ISPs to deliver cost estimates to the FCC to substitute previously installed equipment by Chinese manufacturers Huawei and ZTE between October […]

Humanity and produce: The Future of Biotechnology

We humans are curious creatures. If we weren’t we would still be living in caves, if living at all. It is in our nature to pursue answers about the cosmos, why things are the way they are, how they came to be, and endlessly more complex questions.   Among the most baffling questions that keep scientists awake at night is ‘what is life’. The future of biotechnology may hold the answer to […]

Tencent’s $1.27 billion Sumo Group acquisition directs U.S. regulations

The U.S. national security panel has launched an examination into Tencent’s acquisition of UK-based gaming company Sumo Group, exposing the Chinese giant to ferocious scrutiny. Earlier in July, Tencent Holdings’ $1.27 billion acquisition of Sumo Group granted the conglomerate an 8.75 percent stake in the British company. Sumo is deemed a prominent video gaming maker […]

China tightens control over company data with transfer rules

Companies in China would need government approval to transfer important data abroad under proposed rules announced Friday that would tighten Beijing’s control over information and might disrupt operations for international corporations. The measure is needed to protect the Chinese public and “safeguard national security,” the Cyberspace Administration of China said. President Xi Jinping’s government sees […]

Huawei sales off 32% after US sanctions, smartphone sale

Chinese tech giant Huawei’s sales fell 32% from a year earlier in the first nine months of 2021 under U.S. sanctions and following the sale of its Honor smartphone brand, according to figures released Friday. Huawei Technologies Ltd.’s smartphone and other consumer-oriented businesses have been “significantly impacted” but sales to phone carriers and other commercial […]

U.S. Senate reinforces restrictions on Chinese tech firms

On Thursday, the U.S. Senate voted unanimously on legislative approval to halt Huawei and ZTE’s plans from obtaining additional equipment licenses from watchdogs. Chinese tech firms Huawei Technologies Co Ltd and ZTE Corp took their latest punch from regulatory authorities in a supplementary attempt to impose harsher legislation on Chinese operations in the U.S., under […]

Salt Edge looks to steer digitalization of EU's banking sector

The global financial sector is witnessing an ever-growing change shaping Europe’s banking infrastructure into an increasingly competitive market. Open banking proved to people how it can alter financial services to accommodate their needs; all while fostering a continuing digitalization of modern life as Fintech companies set the stage for simplified yet optimized solutions to deliver […]

U.S. Copyright Office endorses right to repair

The U.S. Copyright Office is intensifying its legal defense in improving digital devices by submitting its latest anti-circumvention exemptions to the Digital Millennium Copyright Act (DMCA) to forbid breaking software copyright protection. Section 1201 anti-circumvention exemptions are recommended by the Register of Copyrights every three years. A procedure that delivers legal protections distributed on various […]

Zuckerberg fires back against claims of profit over people

Mark Zuckerberg on Wednesday addressed during Facebook’s third-quarter earnings call the escalated allegations, as the CEO attempted to drift recently surfaced claims from his social networking platform. According to the Big Tech platform’s CEO, the storm hitting his company arising a wave of bad press was led by “a coordinated effort to selectively use leaked […]

Seagate violated sanctions by selling hard drives to Huawei, says Senate committee

A major U.S. data-storage equipment provider violated U.S. export rules by continuing to sell hard-disk drives to Huawei Technologies Co. after the Commerce Department tightened export restrictions last year, a report by a group of Senate Republicans claimed. The report released by the Republican minority staff of the Senate Committee on Commerce, Science, and Transportation […]