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StarHub and Gigabyte's servers exposed to ransomware attack

Amongst recent cyberattacks that reached between 800 and 1,500 businesses around the world, PC component maker Gigabyte and Singaporean telco StarHub were compromised and affected by yet another cyberattack targeting several internal servers. On Friday, Gigabyte Global was hit with a ransomware attack aimed at the company’s internal servers instead of the system. The Taiwanese […]

What's inside the Senate's bipartisan infrastructure bill

The Senate has passed a nearly $1 trillion bipartisan plan to rebuild roads and bridges, modernize public works systems and boost broadband internet, among other improvements to the nation’s infrastructure. The White House is projecting that the investments will add, on average, about 2 million jobs per year over the coming decade. Senate Democratic Leader […]

Parched Mendocino, California, implores guests to save water

Tourists flock by the thousands to the coastal town of Mendocino for its Victorian homes and cliff trails, but visitors this summer are also finding public portable toilets and signs on picket fences pleading: “Severe drought. Please conserve water.” Hotels have closed their lobby bathrooms and residents have stopped watering their gardens in the foggy […]

Canadian faces spy ruling in China as Huawei decision looms

A Canadian entrepreneur who was charged with spying after his government arrested an executive of Chinese tech giant Huawei faces a possible verdict Wednesday as Beijing steps up pressure on Canada ahead of a court ruling on whether to hand over the executive to face U.S. criminal charges. Michael Spavor and another Canadian were detained […]

Lessons from Mobile World Congress: Seizing digital opportunities

As a highlight of many tech company calendars, Mobile World Congress (MWC) was sorely missed in 2020. Back with an albeit smaller, socially distanced bang in June 2021, MWC still didn’t disappoint. One of the event’s greatest takeaways was that — whether telcos are ready or not — we’re entering a new, digital era. Let’s […]

Huawei’s Q2 revenues dip to 29%, as KT profit soars by 38%

Chinese telecom giant Huawei experienced fatal losses in Q2 2021 revenues, while South Korea-based telecom provider, KT Corporation, acquired on Tuesday a remarkable increase in profits during the same period. The two-year old U.S. sanctions imposed on the Chinese firm pounded both its network infrastructure and smartphone sales. The consumer electronics business was the company’s […]

Will gyms go the way of arcades and movie rental stores?

Going to the gym was always part of Kari Hamra’s routine until last year’s government-ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike. That’s when she discovered something surprising — she did not miss the gym. At least not the driving back and forth, filling water bottles, changing […]

China Telecom aims for $8.5 billion in Shanghai’s IPO

Amidst Washington’s deadlock with Beijing, China Telecom may potentially elevate its Shanghai’s initial public offering (IPO) to more than $8 billion leading to its biggest offering this year in the Shanghai Stock Exchange, following the firm’s delisting in its New York counterpart (NYSE) in January.  Following Chinese media reports, the Beijing-based firm established its IPO at $0.70 per share, inflating the firm’s worth […]

Sony acquires Crunchyroll, leaving anime fans with unanswered questions

AT&T has officially sold Crunchyroll to Sony, bringing two of the world’s biggest anime streaming competitors in Sony’s hands. For the increasingly growing anime fan base, this is game-changing news. In an attempt to close the company’s $170 million debt, the telco sold its largest anime streaming platform for a sum amounting to $1.175 billion. […]