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Amazon begins new chapter as Bezos hands over CEO role

Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with a stake worth about […]

Bitcoin mining difficulty drops by 28% after China crackdown

Bitcoin mining difficulty has decreased by 28 percent, considering the recent drop-in hash rate caused by China’s declaration in May to clamp down on mining and trading. This difficulty adjustment was the largest in its history with more than 54 percent of bitcoin’s hash rate, which is the collective computing power of miners worldwide, has […]

A week of cybercrimes: Here’s what you need to know

The digital world’s exposure to cyberthreats disturbance as potential and targeted attacks shows how cybercrimes has escalated to be one of the most reported crimes, with data breaches and fraud losses to exceed $200 billion over the next 5 years. Following the chain of notorious cyberattacks breaching the security of a plethora of businesses worldwide […]

What's in a tag? Twitter revamps misinformation labels

Last May, as Twitter was testing warning labels for false and misleading tweets, it tried out the word “disputed” with a small focus group. It didn’t go over well. “People were like, well, who’s disputing it?” said Anita Butler, a San Francisco-based design director at Twitter who has been working on the labels since December […]

New update for WhatsApp video places quality at the helm

Facebook and WhatsApp are currently testing two separate new updates, that will look to make both platforms a safer space for people to network, while the latter focuses more on its video-sharing quality. WhatsApp Messenger, a subsidiary of Facebook since 2014, is developing a new feature allowing users to control the quality of videos sent […]

Scale, details of massive Kaseya ransomware attack emerge

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 […]

In crosshairs of ransomware crooks, cyber insurers struggle

In the past few weeks, ransomware criminals claimed as trophies at least three North American insurance brokerages that offer policies to help others survive the very network-paralyzing, data-pilfering extortion attacks they themselves apparently suffered. Cybercriminals who hack into corporate and government networks to steal sensitive data for extortion routinely try to learn how much cyber […]

France warns of Cryptocurrency Outcomes

As cryptocurrency market is one the rise, Bank of France governor fears France is running out of time to regulate its cryptocurrency policy. Francois Villeroy de Galhau; Governor of France’s central bank spoke in Europlace financial conference about the importance of “considering crypto regulations as a priority or risk digital assets challenging its monetary sovereignty.” […]

Apple publishes list of products that can affect pacemakers

People who have a pacemaker or an implantable cardioverter defibrillator should be aware that the magnets used in common tech gadgets may potentially interfere with their medical devices. Accordingly, Apple published a list of its products that might risk tampering with medical devices such as pacemakers and implanted defibrillators. The Big Tech company advised its […]

Watch what you like on streaming - assuming you can find it

Content is king — if you can find it. As streaming services proliferate, it’s becoming more of a challenge to track down your favorite TV shows and blockbuster movies when streaming services can change up their offerings every month. That’s complicating life for those who know what they want to watch, but just don’t know […]