Stakes have been mounting between two of the world’s major superpowers; however, the matter has shied away from ideologies and nuclear weapons and has moved matters into a realm etched into the very fabric of our everyday life: technology. Noticeably everything sharply ignited by former U.S. president Donald Trump’s blacklisting of Chinese tech titan Huawei […]
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Popular micro-blogging platform Twitter stands facing legal accountability in India after failing to adhere to the country’s new IT act forcing social networking sites to remove content following the issuance of a legal order. Twitter has been facing an increasing backlash from a plethora of fronts for the past couple of months. As steep tensions […]
The Pentagon said it canceled a disputed cloud-computing contract with Microsoft that could eventually have been worth $10 billion. It will instead pursue a deal with both Microsoft and Amazon and possibly other cloud service providers. “With the shifting technology environment, it has become clear that the JEDI Cloud contract, which has long been delayed, […]
When Singaporean global investment company Temasek announced the financing news of Google-backed Indian software engineer company, DotPe. India’s digital services space was bound to enter a new round of changes by delivering users a more customized and brand-led experience. However, the Temasek investment in Google-backed DotPe could hold significant risks for platforms such as Zomato […]
Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect […]
Bitcoin mining difficulty has decreased by 28 percent, considering the recent drop-in hash rate caused by China’s declaration in May to clamp down on mining and trading. This difficulty adjustment was the largest in its history with more than 54 percent of bitcoin’s hash rate, which is the collective computing power of miners worldwide, has […]
The digital world’s exposure to cyberthreats disturbance as potential and targeted attacks shows how cybercrimes has escalated to be one of the most reported crimes, with data breaches and fraud losses to exceed $200 billion over the next 5 years. Following the chain of notorious cyberattacks breaching the security of a plethora of businesses worldwide […]
Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a […]
In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber […]
Search giant Google is looking to clamp down on online financial fraud ads in the U.K. by the end of August, as its mentioned in a blog post. Any financial company that aims to promote its services must be authorized by the Financial Conduct Authority (FCA). Ronan Harris director of the company in U.K. and […]