Facebook publicized that since 2016 the social network mogul invested over $13 billion by onboarding 40,000 new staffers to endorse the platform’s security and safety measures, following a series of leaks by the Wall Street Journal (WSJ). Weeks after the Wall Street Journal’s “The Facebook Files” were published, the social media giant went back over to the […]
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Saudi Telecoms Company (STC) raised on Wednesday $966 million from its Initial Public Offering (IPO) following completion of the institutional subscription of its subsidiary Arabian Internet and Communications Services Co. Last week, the Kingdom’s state-owned telco set a price for its IPO at the highest rank of an analytical price range for Solutions by STC, […]
Former U.S. Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle. Mattis’ appearance came during the sixth day of […]
A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]
Indonesian authorities have found no evidence that the country’s main intelligence service’s computers were compromised, after a U.S.-based private cybersecurity company alerted them of a suspected breach of its internal networks by a Chinese hacking group, an official said. The Insikt Group, the threat research division of Massachusetts-based Recorded Future, said it discovered the hack […]
Li Zhanguo’s two children, ages 4 and 8, don’t have their own smartphones, but like millions of other Chinese children, they are no strangers to online gaming. “If my children get their hands on our mobile phones or an iPad, and if we don’t closely monitor their screen time, they can play online games for […]
In a bid to heighten Orange Money’s offering, Orange Middle East and Africa (MEA) joins forces with Swedish telecom vendor Ericsson to deploy mobile financial service solutions over phases spread across 14 countries in the region by mining into Ericsson Wallet Platform. Under the deal’s terms, Orange will tap into Ericsson’s Wallet Platform to enhance […]
The U.S. Congress surely returned to work with full force after a summer recess, as a group of Senate Democrats are now pushing the Federal Trade Commission (FTC) to construct new regulations around data privacy protection. Democratic Senator Richard Blumenthal led the initiative after garnering eight signatures from his colleagues on a letter that was […]
As the world’s top technologically driven nations continue to transform innovative concepts into a reality, Australia risks falling behind without an interest to invest in digital technology-based research, IT professionals, and workers. That is according to a new report published by the Australian Academy of Science in collaboration with the Australian Academy of Technology and […]
Computer-maker HP, consumer goods business Procter & Gamble and coffee capsule company Nespresso have joined a corporate pledge to sharply cut their greenhouse gas emissions over nearly two decades. The Climate Pledge, a grouping of companies and organizations spearheaded by Amazon, said Monday that it has signed up 86 new members for its voluntary measures. […]