Tesla Inc lost $126 billion in value on Tuesday amid investor concerns that Chief Executive Elon Musk may have to sell shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc. Tesla is not involved in the Twitter deal, yet its shares have been targeted by speculators after Musk […]
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The U.S. Department of Justice on Monday announced the indictment of two Europeans for allegedly conspiring with a recently sentenced American cryptocurrency researcher to help North Korea evade U.S. sanctions. Alejandro Cao de Benos of Spain, who founded a pro-Pyongyang affinity organization, and Christopher Emms of Britain, a cryptocurrency businessman, were accused of recruiting the […]
Twitter Inc is poised to accept billionaire Elon Musk’s “best and final” $43 billion takeover offer, people familiar with the matter told Reuters on Monday. This comes on the heels of Musk announcing that he had secured $46.5 billion in debt and equity financing for the deal. Earlier in April, the social media company had […]
Women never failed to leave their mark as they created their path in various professional industries, and one industry is no stranger to the success of the historic women of the tech industry. Throughout the years, we have read the books of some of the most intellectual women from Jane Austen and Anna Frank, who […]
TVs were big, bulky, and took excessive space from the living room in the past. Then, flatscreen emerged on the scene with its slim and aesthetic design that just fits right in, as long as you have a wall to mount it on. TVs accentuate the stylish aspect of the room, and a suitable TV […]
The Saudi telecom market is highly competitive with the existence of three major mobile network operators, STC, Mobily, and Zain KSA and several mobile virtual network operators (MVNO) licensed by the Communications and Information Technology Commission (CITC), the main communications regulatory authority in the KSA. Although each with a different strategy, they have been all […]
Alphabet unit Google, Meta and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong […]
A group of 21 U.S. lawmakers sent a letter to Facebook chief executive Mark Zuckerberg on Wednesday voicing concern about what they called disinformation on the platform aimed at Spanish speakers about Russia’s invasion of Ukraine. The disinformation is spread by Moscow-backed outlets like RT en Espanol, among others, said the letter joined by Senators […]
The internet of things (IoT) is certainly not a new concept in the world of technology and engineering. With the improvement in connectivity, new use cases notably IoT healthcare applications have emerged. The idea of connected physical devices or “things” has existed for a long time with software-enabled sensing devices communicating data among others or […]
Western governments jointly warned on Wednesday about a potential threat of increased malicious cyber activity by Russia against critical infrastructure as a response to sanctions imposed as punishment for its invasion of Ukraine. The cybersecurity agencies of the United States, Britain, Australia, Canada and New Zealand – which together form the Five Eyes intelligence-sharing alliance […]