On Friday, Virginia Tech spokesman Mark Owczarski informed local media that the university was affected by the series of global security breaches that crippled businesses throughout the world. Several university units employed Kaseya – U.S.-based software company – that was breached in early July in a worldwide ransomware campaign. According to Owczarski, the virus distributed […]
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With the help of a fundraising initiative by SoftBank and Tiger Global Management, Revolut is now valued at $33 billion. The London-based digital banking startup has officially been labeled as the UK’s most valuable private fintech unicorn. The fundraiser raised $800 million, which will be used to develop new products and stretch out its operations in international markets such as the United States and India. Founded in 2015, […]
Ericson reported on Tuesday a grow in its organic sales of eight percent of its market value as Geopolitical tensions grow between the Swedish company and the world’s second largest economy, following the company’s warning of its deteriorating market share in China. The telecoms vendor – one of Huawei’s biggest competitors – announced that both […]
Five network operators in the Middle East signed on Sunday a Memorandum of Understanding (MoU) to provide support and deployment of open RAN technology in their future infrastructure rollouts. Etisalat Group, Saudi Telecom Company (stc), Zain Group, Mobily – the Saudi operator part-owned by Etisalat- and du announced in a joint statement their aim to […]
Facebook clapped back Saturday against U.S. President Joe Biden’s comments accusing the social networking site of “killing people” by allowing COVID-19 vaccine misinformation being posted and argued that vaccine acceptance among U.S. users has risen. “The only pandemic we have is among the unvaccinated,” he said. The social media network considered that the facts tell a different story to the one promoted by the Biden administration. Guy Rosen, Facebook’s vice […]
President Joe Biden said Friday that social media companies are “killing people” by failing to police misinformation on their platforms about COVID-19 vaccines. Biden’s comments came a day after U.S. Surgeon General Vivek Murthy declared misinformation about the vaccines a threat to public health, and as U.S. officials advised that deaths and serious illness from […]
An investigation by a global media consortium based on leaked targeting data provides further evidence that military-grade malware from Israel-based NSO Group, the world’s most infamous hacker-for-hire outfit, is being used to spy on journalists, human rights activists and political dissidents. From a list of more than 50,000 cellphone numbers obtained by the Paris-based journalism […]
Earlier this year, social media users were less than thrilled when they found out about Twitter’s new story feature “Fleets.” The new feature, which is an almost identical option to what is available on Instagram, Facebook, Snapchat, LinkedIn and other social media platforms, was widely ridiculed and ignored. Twitter picked up on the negative feedback from its users and decided to take […]
E-commerce titan Amazon payed Facebook an undisclosed fee as part of its latest acquisition, terminating Facebook’s efforts to deliver internet connectivity. Amazon acquiring Facebook’s employees initiates the beginning of its plan to provide internet connectivity from low Earth orbit satellites, The Information reports. Back in April, Facebook’s team was added to Amazon’s 500-person group which […]
North Macedonia’s Agency for Electronic Communications (AEK) announced earlier this week that it has obtained four bids from telcos that aim to participate in a planned auction for the allocation of 5G frequencies. Makedonski Telekom, A1 Makedonija, and Bitstream Mobile have expressed interest in licenses for national coverage in the 700 MHz and the 3 GHz spectrums. Neotel’s expression of interest concerns licenses for regional coverage in the 3 GHz […]