Search results for "sc"

Apple’s big fall event is happening this Tuesday on September 14

The wait is finally over. Apple’s iPhone 13 event will go into action on Tuesday, September 14th at 1PM ET, according to the smartphone giant. The event, under the name “California streaming,” will take place as a virtual event for the second year in a row from Apple Park. Similar to the size of the […]

KSA’s sovereign fund to acquire 60% of Zain towers

Saudi Arabia’s sovereign wealth fund proposed a non-binding offer to acquire a 60 percent stake in Kuwaiti-backed Zain’s KSA towers with various investors offering to buy another 20 percent, leaving the telco’s assets with an $807 million valuation, according to Zain KSA. The Public Investment Fund (PIF) offered a whopping $484 million for 60 percent […]

Germany protests to Russia over pre-election cyberattacks

Germany has protested to Russia over attempts to steal data from lawmakers in what it suspects may have been preparation to spread disinformation before the upcoming German election, the Foreign Ministry in Berlin said Monday. Foreign Ministry spokeswoman Andrea Sasse said that a hacker outfit called Ghostwriter has been “combining conventional cyberattacks with disinformation and […]

Early stumble as El Salvador starts Bitcoin as currency

El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning. For part of the morning, El Salvador’s president became tech support for a nation stepping into the world of cryptocurrency. […]

US-built databases a potential tool of Taliban repression

Over two decades, the United States and its allies spent hundreds of millions of dollars building databases for the Afghan people. The nobly stated goal: Promote law and order and government accountability and modernize a war-ravaged land. But in the Taliban’s lightning seizure of power, most of that digital apparatus — including biometrics for verifying […]

Vodafone Idea freefall trickles down to India’s telecom sector

Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]

California bill set to help Amazon employees from inhumane conditions

A California bill concerning employee rights and issues will be reviewed by the State Senate this week, The New York Times reported. Voting will take place next week, and if passed, the new law would require e-commerce giant Amazon to conduct several vital changes. The legislation under the name AB-701, which passed the State Assembly earlier […]

Here’s how French authorities arrested a user on ProtonMail

Imagine this; you stumble upon ProtonMail, an end-to-end encrypted email service founded in 2013 in Geneva, Switzerland by scientists who dedicated their time to produce the world’s largest secure email service. Naturally, users would expect to enjoy full confidentiality and anonymity, as privacy seems to be the main element behind ProtonMail. Yet, this isn’t the […]

U.S. sanctions reinforce China’s chip manufacturing independence

China’s famous chipmaker Semiconductor Manufacturing International Corp. (SMIC) revealed on Friday plans to upsurge independence in the chip manufacturing sector by investing $8.87 billion to build a chip plant in the tech city of Shanghai, according to a regulatory filing with the Hong Kong Stock Exchange (HKSE). The Chinese expansion to globally take the lead […]

Bitcoin brings hopes, doubts for Salvadorans sending money

El Salvador is betting that this week’s pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President Nayib Bukele has asked the more than 2 million Salvadorans who live overseas to send […]