Tesla Chief Executive Elon Musk is making plans to visit China as early as April and is seeking a meeting with China’s Premier Li Qiang, two people with knowledge of planning for the trip told Reuters. The exact timing of the visit is subject to Li Qiang’s availability, one of the sources said. Tesla and […]
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U.S. Treasury Secretary Janet Yellen said on Thursday that banking regulation and supervisory rules need to be re-examined in the wake of the Silicon Valley Bank and Signature Bank failures to ensure current banking system risks are addressed. In remarks prepared for delivery to the National Association for Business Economics, Yellen also called for stronger […]
Three major jolts in as many years coupled with the once unthinkable possibility of a power grid collapse have spooked reinsurers in South Africa, spelling an end to cheap coverage in the continent’s most developed insurance market. Insurance premiums are climbing worldwide on the back of rising inflation and interest rate hikes. But reinsurance rates […]
Countries in a relatively stronger position should help vulnerable nations especially those under debt distress, International Monetary Fund managing director Kristalina Georgieva said on Thursday. The IMF chief said such assistance would be particularly important against the backdrop of high interest rates and currency depreciation. “We urgently need faster and more efficient global mechanisms for […]
The history of the Internet of Things (IoT) in retail begins in 1999 with Kevin Ashton, a computer scientist at Procter & Gamble. Ashton proposed putting radio-frequency identification (RFID) chips on products to track them through the supply chain. But this article isn’t about history. No. This article is about how the consumer AND the […]
Crown Resorts said on Monday a ransomware group had contacted the company, claiming that they had gained access to some files related to Australia’s biggest casino operator following a data breach at a file transfer service GoAnywhere. “We were recently contacted by a ransomware group who claimed they have illegally obtained a limited number of […]
The healthcare industry is moving ahead quickly with 5G usage and the deployment of private networks. Medical facilities, practitioners, and staff have discovered the many advantages of secure, high-speed networks that make their jobs more efficient and their patients’ visits more manageable. Why Put in a Private Network When You Already Have Wi-Fi? Medical facilities […]
Telecom fraud is becoming increasingly common in today’s world, and as technology advances, so do the methods used by fraudsters. These types of frauds in telecom can be costly and devastating for both individuals and businesses. However, there are several ways you can protect yourself from telecom fraud. In this article, we will delve deeper into this issue, shed […]
At the turn of the year, bitcoin was in the grip of a bleak midwinter, down and out after a 2022 defined by tumbling crypto prices, bankruptcies and corporate scandals. Less than three months later, bitcoin’s got its mojo back. With gains of more than 70% so far this year, it has outpaced other major […]
To humanity’s dismay, one’s noble intentions when innovating technology is a moot point. Once that creation is out there, made available to everyone, its application is open to interpretation. Someone somewhere will always find nefarious uses for the technology. And those are cyber criminals. The Dangers of Cyber Criminals The same technology that allowed companies […]