Search results for "IT"

Robinhood hit by data breach exposing users' emails, names

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 […]

Plenty of pitfalls await Zuckerberg's 'metaverse' plan

When Mark Zuckerberg announced ambitious plans to build the “metaverse” — a virtual reality construct intended to supplant the internet, merge virtual life with real life and create endless new playgrounds for everyone — he promised that “you’re going to able to do almost anything you can imagine.” That might not be such a great […]

Brazil's awaited 5G tender yields billions in investment

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 […]

Pfizer says COVID-19 pill cut hospital, death risk by 90%

Pfizer Inc. said Friday that its experimental antiviral pill for COVID-19 cut rates of hospitalization and death by nearly 90% in high-risk adults, as the drugmaker joins the race to bring the first easy-to-use medication against the coronavirus to the U.S. market. Currently all COVID-19 treatments used in the U.S. require an IV or injection. […]

Airbnb reports $834 million 3Q profit as revenue soars

Airbnb said Thursday that it earned $834 million on record revenue in the third quarter as more people got vaccinated and went back to traveling. When companies closed offices in response to the COVID-19 pandemic, that freed some employees to work remotely using video technology, and Airbnb said the result was a huge jump in […]

Nofar Energy expands the collaboration with Tesla

Nofar Energy expands further its collaboration with Tesla: the company reported today it had entered a second framework agreement with Tesla on purchasing battery stored power systems with a total capacity of 200 megawatts for $54 million. Under the agreement, Nofar will pay 5% of the consideration on the contract signing date and the balance […]

Microsoft Mesh mixed reality joins metaverse league with Teams

Microsoft joins the metaverse legion by announcing Tuesday the development of a Microsoft Mesh Mixed Reality inside Teams by directly inserting virtual experience platform Mesh to endorse the integration of virtual spaces for consumers and business. The Big Tech titan revealed that following the overtake of the COVID-19 pandemic and the world’s shift towards remote […]

Yahoo pulls out of China, citing 'challenging' environment

Yahoo Inc. said Tuesday it has pulled out of China, citing an increasingly challenging operating environment. The withdrawal was largely symbolic, as many of the company’s services were already blocked by China’s digital censorship. But recent government moves to expand its control over tech companies generally, including its domestic giants, may have tipped the scales […]