Search results for "AI "

Netflix signs its biggest acquisition to date

Netflix has just marked its biggest acquisition to date, signing a deal with The Roald Dahl Story Company (RDSC) to start producing TV shows and films based on the author’s novels. The author who has sold more than 200 million copies internationally, including children’s classics such as Matilda, Charlie the Chocolate Factory, and the BFG […]

India alters KYC process flow to support telecom sector

India’s Department of Telecommunications (DoT) disclosed on Tuesday the administration of a set of directives aimed to simplify Know Your Customer (KYC) processes for the sector’s latest mobile connections and prepaid to postpaid transfers to supplement telecom upgrades. Following the Cabinet’s issuance of its latest relief package directed at the telecom sector, the DoT, Minister […]

White House blacklists Russian ransomware payment 'enabler'

The Biden administration sought Tuesday to choke the finances of criminal ransomware gangs, announcing sanctions against a Russia-based virtual currency brokerage that officials say helped at least eight ransomware gangs launder virtual currency. The Treasury Department sanctions are aimed at kneecapping the economic infrastructure of a ransomware threat that has surged over the last year, […]

Google to spend $2.1 billion on Manhattan campus acquisition

Google is planning to buy New York City’s St. John’s Terminal for $2.1 billion, making it the anchor of its Hudson Square campus. The announcement Tuesday arrives with the city buffeted by the pandemic and most offices still largely unpopulated. While CEO Sundar Pichai said in a blog post late last month that Google is […]

US govt to probe Zoom's $14.7B Five9 deal for natsec risks

A U.S. government committee that reviews foreign investment in telecom is probing videoconferencing company Zoom’s $14.7 billion deal for cloud call center company Five9. In an August filing with the Federal Communications Commission, the Justice Department, which chairs the committee, said it would review the deal “to determine whether this application poses a risk to […]

Indonesia says no evidence of alleged Chinese intel hack

Indonesian authorities have found no evidence that the country’s main intelligence service’s computers were compromised, after a U.S.-based private cybersecurity company alerted them of a suspected breach of its internal networks by a Chinese hacking group, an official said. The Insikt Group, the threat research division of Massachusetts-based Recorded Future, said it discovered the hack […]

Parents in China laud rule limiting video game time for kids

Li Zhanguo’s two children, ages 4 and 8, don’t have their own smartphones, but like millions of other Chinese children, they are no strangers to online gaming. “If my children get their hands on our mobile phones or an iPad, and if we don’t closely monitor their screen time, they can play online games for […]

More than 100 cybercriminals arrested as part of massive Italian mafia groups

European police officers recently announced the arrest of 106 cybercriminals accused of working for a number of Italian mafia groups, as well as money laundering over $11 million. Operating from headquarters in Spain’s Canary Islands, the Italian mafia cybercriminals allegedly victimized hundreds of online users by conducting several online schemes, including phishing operations, attacking internal […]

Orange MEA chooses Ericsson to boost African financial presence

In a bid to heighten Orange Money’s offering, Orange Middle East and Africa (MEA) joins forces with Swedish telecom vendor Ericsson to deploy mobile financial service solutions over phases spread across 14 countries in the region by mining into Ericsson Wallet Platform. Under the deal’s terms, Orange will tap into Ericsson’s Wallet Platform to enhance […]

SEC digs into Activision Blizzard’s inapt workplace oddity

Video game titan Activision Blizzard disclosed on Monday it is once more under the investigative spotlight as U.S. Securities and Exchange Commission (SEC) is examining its demeanor concerning workplace sexual harassment environment and various discriminatory issues, according to the Wall Street Journal.  The SEC initiated a solidified investigation into the Santa Monica-based company regarding its techniques […]