On Monday, the Justice Department announced the extradition of Russian businessman Vladislav Klyushin to the U.S. from Switzerland for charges in an insider trading scheme to infiltrate U.S. computer networks. The owner of the Russian company, M-13, Klyushin, is charged with four others for potentially hacking into significant publicly traded U.S. firms to access earnings […]
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Voi raises $115m in an oversubscribed new financing round from investors led by the Raine Group and VNV Global, after a record year for operations Voi has now raised $430m in total since it was founded three years ago. New financing package brings total 2021 fundraising to $160m Voi’s mission is to provide a multi-modal transport […]
U.S.-based telcos Verizon, AT&T, Intrado, and Lumen Technologies, reached a settlement with the Federal Communications Commission (FCC) over probes into a series of failed 911 calls throughout 2020’s network outages. According to the FCC’s compliance settlement documents, the operators will collectively pay a $6 million fine, all while consenting to secure compliance with the Commission’s […]
A SpaceX rocket carried 52 Starlink internet satellites into orbit from California early Saturday. The two-stage Falcon 9 rocket lifted off from coastal Vandenberg Space Force Base at 4:41 a.m. and arced over the Pacific. The Falcon’s first stage returned and landed on a SpaceX droneship in the ocean. It was the 11th launch and […]
E-commerce giant Alibaba eased its financial backers during its annual Investors’ Day on Friday as the company maintained its rise and is seeking to explore operational environmental sustainability goals by 2030. Over the past year, the Chinese titan has been fighting off a bundle of challenges directed at it, be it regulatory or in-house challenges, […]
Dan Ammann, CEO of General Motors’ Cruise autonomous vehicle subsidiary, is leaving the Detroit company. GM didn’t give a reason in a short statement Thursday but said that Kyle Vogt, president and chief technical officer, would be Cruise’s interim CEO. The leadership change comes just as Cruise is about to start a fully autonomous ride-hailing […]
The U.S. Federal Trade Commission will launch a thorough examination into Meta’s scheme to acquire the famous Virtual Reality (VR) fitness platform Supernatural, according to The Information. The investigation highlights only one aspect: antitrust watchdogs have officially initiated their scrutiny on Meta – formerly known as Facebook – for its heavy investments into its latest […]
France’s watchdog agency (CNIL) ordered Facial recognition company Clearview AI to delete the personal data of its citizens, the latest in a global rebuke by privacy regulators around the world since BuzzFeed News revealed its use by law enforcement agencies around the world. CNIL said in a statement that the company had violated the European […]
Google parent company Alphabet is folding one of its subsidiaries back into Google as the startup’s founder steps down to confront a neurological disease. Sidewalk Labs CEO Dan Doctoroff said Thursday he’s leaving the company focused on urban planning technology because he “very likely” has ALS, also known as Lou Gehrig’s disease. Sidewalk Labs was […]
In a fierce attempt to expose affiliates linked to China’s Xinjiang surveillance accusations, The Washington Post publicized on Tuesday a hidden aspect revealing Huawei’s association in persecuting against the region’s ethnic minorities. The leaked PowerPoint presentations acquired by the news outlet revealed that it had obtained the documents through a public Huawei site before being removed by […]