Search results for "us government"

From Big Tech to Ed Tech: Chinese regulations target education sector

Late on Wednesday, Xinhua News Agency reported that China’s latest regulations against tutoring for profit and Big Tech is beneficial to the country’s growth as it stiffens its commitment to expand its capital market, leading to a share plunge in education firms. China’s latest attempt to ease financial pressure on families that support low birth […]

Hatif Libya inked a fiber optic network with U.S. firm

Libya’s government-owned telecom Hatif Libya signed on Monday an agreement to improve its fiber optic network with an U.S.-based supplier of open optical networking solutions called Infinera.  This project will provide access to internet and mobile services in Libyan areas that were not covered previously by the network and improve the quality and reliability of services for all customers.   Infinera will install Automatically Switched Optical Network (ASON) technology, that will enable the Libyan company to dynamically […]

Bitcoin jumps on speculation that Amazon considering crypto

Bitcoin’s price surged again Monday after speculation that Amazon may be entering the cryptocurrency sector after it posted a job seeking a “digital currency and blockchain product lead.” Bitcoin jumped more than 14% in the past 24 hours, nearly reaching $40,000 per unit before settling closer to $37,000. The five-week intra-day high reached Monday comes […]

Brazil gears up for potential cyber-threats

Over the years, cybersecurity has increasingly become a major issue. Rightfully so, as multiple organizations have been compromised by cyberattacks within a matter of seconds, placing sensitive information in the hands of opportunistic tech criminals.  However, Brazil isn’t taking any risk, as the country is prioritizing cybersecurity by creating a cyberattack response network, with the goal of encouraging fast action toward cyberattacks.  The Federal Cyber Incident Management Network will embody the Institutional Security Office of […]

Tesla reaches milestone with first $1B quarterly profit

Tesla’s quarterly profit has surpassed $1 billion for the first time thanks to the electric car pioneer’s ability to navigate through a pandemic-driven computer chip shortage that has caused major headaches for other automakers. The financial milestone announced Monday extended a two-year run of prosperity that has erased questions about Tesla’s long-term viability raised during […]

'Holy moly!': Inside Texas' fight against a ransomware hack

It was a steamy Friday two Augusts ago when Jason Whisler settled in for a working breakfast at the Coffee Ranch restaurant in the Texas Panhandle city of Borger. The most pressing agenda item for city officials like him that morning: planning for a country concert and anniversary event. Then Whisler’s phone rang. Borger’s computer […]

Microsoft to open $2 bn data center in India

U.S. tech giant Microsoft is in the final stages of talks with the Telangana government in India to set up a data center with an investment ranging between $2 billion to $2.25 billion, local media reports.  If the discussions come to fruition, this would be one of the major investments of Microsoft outside the U.S.  A few months earlier, Telangana Minister for IT and Industries KT Rama Rao […]

Kaseya gets master decryption key after July 4 global attack

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations crippled in the global incident. Kaseya spokeswoman Dana Liedholm would not say Thursday how the key was obtained or whether […]

Protests erupt in India's Parliament over spyware scandal

India’s Parliament erupted in protests on Tuesday as opposition lawmakers accused Prime Minister Narendra Modi’s government of using military-grade spyware to monitor political opponents, journalists and activists. The session was disrupted repeatedly as opposition lawmakers shouted slogans against Modi’s government and demanded an investigation into how the spyware, known as Pegasus, was used in India. […]