An assemblage of China’s biggest tech companies has cooperatively signed on Tuesday an antitrust ‘self-discipline’ agreement with Beijing’s expanding regulatory pressure on Chinese tech firms. E-commerce platform Alibaba Group, Tencent, and TikTok’s parent company ByteDance are amongst 33 Chinese tech companies that have voluntarily signed an agreement of self-discipline amidst Beijing’s regulation rise on Big Tech companies. Some of China’s biggest and most dominant tech […]
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Facebook and its subsidiary WhatsApp are developing two separate new updates. The features will support multidevice services on the instant messaging app and enhance experts’ profiles on Facebook groups. WhatsApp announced on Wednesday that it’s testing a multidevice service that works without a phone connected to the internet. “Each companion device will connect to your WhatsApp independently,” said the messaging platform in a statement. The new update enables WhatsApp users to use this service on […]
For 21 years, the software company Kaseya labored in relative obscurity — at least until cybercriminals exploited it in early July for a massive ransomware attack that snarled businesses around the world and escalated U.S.-Russia diplomatic tensions. But it turns out that the recent hack wasn’t the first major cybersecurity problem to hit the Miami-based […]
Swiss-based insurance and mortgage comparison company Comparis.ch has fallen victim to ransomware attack on Wednesday and shut down its website on Thursday out of fear of customer data breach. Comparis.ch is a price and product comparison platforms in Switzerland, specializing in products of health insurers prices, insurance companies’ prices, alongside banks and telecom providers. On […]
Facing extreme pressure from Myanmar’s Junta, Norwegian operator Telenor has sold it’s operations within the country to Lebanese investment firm M1 Group for $105 million, the company said in a statement on Thursday. “Telenor Group has entered into an agreement to sell 100 percent of its mobile operations in Myanmar to M1 Group for a total consideration of $105 million, of which $55 […]
Stakes have been mounting between two of the world’s major superpowers; however, the matter has shied away from ideologies and nuclear weapons and has moved matters into a realm etched into the very fabric of our everyday life: technology. Noticeably everything sharply ignited by former U.S. president Donald Trump’s blacklisting of Chinese tech titan Huawei […]
President Joe Biden said Tuesday that damage to U.S. businesses in the biggest ransomware attack on record appears minimal, though information remained incomplete. The company whose software was exploited said fewer than 1,500 businesses worldwide appeared compromised but cybersecurity experts caution that the incident isn’t over. Also Tuesday, a security researcher who chatted online with […]
Chinese regulators have clamped down on the country’s largest ride-hailing app, Didi Global Inc., days after its shares began trading in New York. Authorities told Didi to stop new registrations and ordered its app removed from China’s app stores pending a cybersecurity review. The government said it was acting to prevent security risks and protect […]
Norwegian telecoms provider Telenor is currently assessing a possibility to exit the Myanmar market, citing the worsening economic and business environment outlook and a deteriorating security and human rights situation, with limited prospects of improvement, the company said in a statement late last week. This statement was echoed by news reported by Reuters, who quoted […]
Cybersecurity teams worked feverishly Sunday to stem the impact of the single biggest global ransomware attack on record, with some details emerging about how the Russia-linked gang responsible breached the company whose software was the conduit. An affiliate of the notorious REvil gang, best known for extorting $11 million from the meat-processor JBS after a […]