Chinese ride-hailing titan Didi plunged by more than 11 percent in New York shares on Thursday, following whispers of impending new penalties by Beijing on the company. The ride-hailing giant is once more exposed to further pressure from the Chinese government leading to harmful impact on its revenues after trustbusters ordered it to be removed […]
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Zomato, the Indian food delivery startup has jumped more than 70 percent in their stock market debut on Friday. The jaw-dropping stock market debut reflects investors increasing interest in the multinational restaurant aggregator. The developments in the tech world paved the way for several innovations, with food delivery applications being among them. Zomato’s success story encompasses two main […]
Telcos have been reluctant to take up eSIMs. In some ways, who can blame them? After all, removing the physical SIM and embedding eSIM technology into a mobile device removes much of the hassle of changing service providers and makes it far easier for customers to switch, if they’re drawn in by a better deal. […]
Saudi Arabia’s state oil giant acknowledged Wednesday that leaked data from the company — files now apparently being used in a cyber-extortion attempt involving a $50 million ransom demand — likely came from one of its contractors. The Saudi Arabian Oil Co., better known as Saudi Aramco, told The Associated Press that it “recently became […]
Ford Motor Co. and a self-driving vehicle company it partly owns will join with the Lyft ride-hailing service to offer autonomous rides on the Lyft network. The service using Ford vehicles and a driving system developed by Pittsburgh-based Argo AI will begin in Miami later this year and start in Austin, Texas, in 2022. It […]
French President Emmanuel Macron leads a list of 14 current or former heads of state who may have been targeted for hacking by clients of the notorious Israeli spyware firm NSO Group, Amnesty International said Tuesday. “The unprecedented revelation … should send a chill down the spine of world leaders,” Amnesty’s secretary general, Agnes Callamard, […]
Cloud computing titan Salesforce announced on Wednesday its completed acquisition of workplace chat platform Slack for $27.7 billion, adding the messaging app to its long list of enterprise software. The deal began surfacing in 2019, commemorating one of the most significant acquisitions in the history of business software industries in recent years, resulting in Salesforce’s […]
Tencent, the Chinese tech-company labeled as the biggest around the globe, has officially launched facial recognition technology that will be utilized to scan many Chinese kids’ faces every single night. The system will operate for the purpose of catching minors breaking the gaming curfew set by the Chinese government. This may seem like one intense episode of […]
A consortium of cybersecurity specialists launched on Tuesday an initiative to encourage companies to implement preventive security measures to end abusive online behavior experienced by workers. Respect In Security, launched by Lisa Forte from Red Goat Cyber Security and Trend Micro’s Rik Ferguson on July 14 on Twitter, is a long overdue plan that focuses […]
Indian telco Bharati Airtel and U.S.- based chipmaker Intel announced on Wednesday a collaboration to develop 5G network by leveraging virtualized radio access network (vRAN) and open radio access network (O-RAN) technologies in India. According to Intel’s statement this collaboration will evolve communications networks from fixed-function equipment to virtualized cloud-native deployments and enable edge-to-cloud communications to power hyperconnected world. The Indian telco will deploy Intel’s latest 3rd gen Xeon Scalable […]