Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said on Friday in a surprise move that it would wind down its business in the country. Deutsche joins the ranks of Goldman Sachs and JPMorgan Chase, which were the first major U.S. banks to exit after Moscow’s […]
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Sweden’s Ericsson on Wednesday said the U.S. Justice Department accused it of breaking terms of a 2019 deal with prosecutors by failing to properly disclose misconduct and compliance failures in Iraq. Ericsson, which has been at the center of a scandal over possible payments to Islamic State, said U.S. authorities determined it failed to make […]
Her Majesty’s Revenue and Customs (HMRC), the British tax department, revealed it has seized in a $1.9 million fraud case an NFT, leading to the arrest of three individuals. The concerned authorities managed to seize around $6,760 (£5,000) worth of cryptocurrency assets, in addition to three non-fungible tokens (NFT) artworks. This comes at a time […]
2021 came, and with it came the wave of emerging technologies in various sectors, be it medical, sustainability, blockchain technology, and much more. And while 2021 wasn’t as intense as its predecessor, the year still brought with it some challenges that were quite an ordeal to overcome, or even avoid, for that matter. With this […]
WASHINGTON (AP) — The Justice Department on Tuesday sued Google for abusing its dominance in online search and advertising — the government’s most significant attempt to protect competition since its groundbreaking case against Microsoft more than 20 years ago. And it could just be an opening salvo. Other major tech companies including Apple, Amazon and […]
As the pandemic continues, tech companies are coming forward with their best tech efforts to help businesses during the crisis. IT pros all over the globe are going all out to try and help organizations cope with the shift to a fully remote workforce, new software and learning methods. Inside Telecom has compiled some of […]
US President Donald Trump’s War with Twitter has engendered a series of legal moves against social media platforms. In fact, not only is Trump wanting to drop immunity for the online platform but also US lawmakers. The Department of Justice and Trump administration have been urging Congress to limit legal protection enjoyed by these platforms […]
By FRANK BAJAK AP Technology Writer BOSTON (AP) — An internet firm is ending the automated registration of website names that include words or phrases related to the COVID-19 pandemic, an attempt to combat coronavirus-related fraud. Los Angeles-based Namecheap Inc. made the pledge after a federal judge in Texas ordered the takedown of a website […]
By MATT O’BRIEN AP Technology Writer Google, the company that helped make it fun to just sit around surfing the web, is jumping into the fitness-tracker business with both feet, buying Fitbit for about $2.1 billion. The deal could put Google in direct competition with Apple and Samsung in the highly competitive market for smartwatches […]