A cyberattack on a critical U.S. pipeline is sending ripple effects across the economy, highlighting cybersecurity vulnerabilities in the nation’s aging energy infrastructure. The Colonial Pipeline, which delivers about 45% of the fuel used along the Eastern Seaboard, shut down Friday after a ransomware attack by gang of criminal hackers that calls itself DarkSide. Depending […]
Search results for "business operations"
Hit by a cyberattack, the operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal hackers. U.S. officials sought to soothe concerns about price spikes or damage to the […]
Facebook’s oversight board, which on Wednesday upheld the company’s ban of former President Donald Trump, also had some harsh words for the company. Calling Facebook’s indefinite ban of Trump a “vague, standardless penalty,” the board accused Facebook — its corporate sponsor — of seeking to “avoid its responsibilities” by asking its quasi-independent oversight group to […]
Vodafone UK and Google Cloud have teamed up to build an integrated data platform to allow the telco to host its SAP environments and all data analytics and business intelligence. According to both companies, the six-year strategic partnership will see the creation of new digital products and services to be rollout to Vodafone’s customers worldwide […]
Secure networks have become the heart of our daily lives. They support teams working from home, mobility, how our children learn at school, how we shop and how we connect with our loved ones. They are also the fabric by which our enterprises do business. As vital as they are, it comes as no surprise […]
MTN Rwanda announced late last week the launch of a FinTech subsidiary called Mobile Money Rwanda LTTD, to provide and manage mobile money services throughout the country. The announcement – which was made as the operator received approval from National Bank of Rwanda to launch the FinTech service – also places Chantal Kagame as its […]
The hit video app TikTok said Friday that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new CEO, Shouzi Chew, is the chief financial officer of ByteDance. He is based in Singapore, where TikTok has an office. Vanessa Pappas, based in Los Angeles, has been interim head […]
Chinese consumer electronics company Oppo announced late last week plans to expand its products and services within Latin America, specifically the Chilean and Columbian markets, to increase its market share. The company’s expansion into the South American continent comes following a series of achievements it has ranked up in Mexico in 2020. “Latin America represents […]
Intel will be investing $3.5 billion in its New Mexico plant to manufacture what executives said Monday will fuel “a new era of innovation” and advanced computing as demands increase for the tiny microchips used in nearly all modern devices. Intel executives were joined by Gov. Michelle Lujan Grisham and other politicians at the plant […]
Finnish telecoms equipment vendor Nokia reported on Thursday a better-than-expected Q1 financial report, with revenue and profit bolstered by a growth in 5G equipment sales. According to the earnings report, quarterly revenues spiked at three percent to 5.08 billion euros ($6.16 billion), beating a consensus figure of 4.72 billion. “We expect our typical quarterly earnings […]