Chinese Telecommunications company Huawei Technologies Co Ltd unveiled its 2021 revenue expectations to drop by almost 30 percent as it fights off U.S. sanctions. In a letter sent to its employees on Friday, Huawei’s rotating chairman Guo Ping said that the revenue for 2021 is estimated to reach $99.48 billion. This marks a 28.9 percent […]
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2021 came, and with it came the wave of emerging technologies in various sectors, be it medical, sustainability, blockchain technology, and much more. And while 2021 wasn’t as intense as its predecessor, the year still brought with it some challenges that were quite an ordeal to overcome, or even avoid, for that matter. With this […]
T-Mobile reported on Tuesday yet another cyber threat where criminals accessed “a small number of” users’ accounts, following a devastating data breach dating back to August 2021. The T-Mobile’s report revealed how the telecom operator noticed “unauthorized activity” on some accounts, where hackers gained access to view customer proprietary network information (CPNI), “an active SIM […]
To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]
One of the many things the Log4j ransomware attack showcased is that U.S.-based businesses and governmental entities have been heavily affected by cyberattacks, such as ransomware, data breaches, and distributed denial-of-service (DDoS), according to CNBC. “I think more people are taking advantage of the United States – and our openness and our true global workforce – […]
Beijing is planning to further tighten its grip on its tech sectors as its intensified its tech policies and regulations for overseas listing for China rising tech start-ups. China’s months-long regulatory campaign on its tech titans has left companies craving the sellout of their stakes abroad in order to register with the proposed guidelines by […]
Japan’s Cabinet approved a record 5.4 trillion yen ($47 billion) defense budget for fiscal 2022 on Friday that includes funding for research and development of a new fighter jet and other “game-changing” weapons as Japan bolsters its defense capabilities in response to China’s growing military might and its tensions with Taiwan. The 1.1% budget increase […]
Robotic vacuum cleaners wouldn’t start. Doorbell cameras stopped watching for package thieves, though some of those deliveries were canceled anyway. Netflix and Disney movies got interrupted and The Associated Press had trouble publishing the news. A major outage in Amazon’s cloud computing network on Dec. 7 severely disrupted services at a wide range of U.S. […]
After losing appeals for being delisted from the New York Stock Exchange (NYSE), state-owned operator, China Mobile Ltd. revealed intentions of raising $7.64 billion in a Shanghai listing on Tuesday. The move will mark the largest equity fundraisings for 2021 and came due to the NYSE decision to adhere to an investment blacklist presented by […]
In the months since President Joe Biden warned Russia’s Vladimir Putin that he needed to crack down on ransomware gangs in his country, there hasn’t been a massive attack like the one last May that resulted in gasoline shortages. But that’s small comfort to Ken Trzaska. Trzaska is president of Lewis & Clark Community College, […]