Search results for "IT"

US charges 2 suspected major ransomware operators

A suspected Ukrainian hacker has been arrested and charged in the United States in connection with a string of costly ransomware attacks, including one that snarled businesses around the globe on the Fourth of July weekend, U.S. officials said Monday. Yaroslav Vasinskyi was arrested last month after traveling to Poland, according to the Justice Department, […]

Congress mandates new car technology to stop drunken driving

Congress has created a new requirement for automakers: Find a high-tech way to keep drunken people from driving cars. It’s one of the mandates along with a burst of new spending aimed at improving auto safety amid escalating road fatalities in the $1 trillion infrastructure package that President Joe Biden is expected to sign soon. […]

What is the difference between Biotech and Pharma?

The merger between medicine and technology has been on the rise for quite some time, and exponential development in integrating the digital world with the medical one has grown on various frontiers. So, what is the difference between Biotech and Pharma? Biotechnology companies focus on producing medicine originated from living organisms, while pharmaceutical medications are […]

Uber Q3 loss widens on investment losses, revenue up 72%

Uber on Thursday posted a big rebound in third-quarter revenue thanks to riders and drivers returning from pandemic lockdowns, but its bottom-line loss was wider than Wall Street expected. The San Francisco-based ride-hailing company said its third-quarter loss widened to $2.42 billion, or $1.28 per share, from $1.1 billion, or 62 cents per share, in […]

UK becomes first country to approve oral pill treating COVID-19

The UK’s medical regulator approved on Thursday the first oral pill treating COVID-19 developed by U.S.-based pharmaceutical companies Merck, Sharp and Dohme, and Ridgeback Biotherapeutics, with the government ordering 480,000 courses due for delivery in November. The pill, called Molnupiravir, will be administered to those recently diagnosed with the virus twice a day. The pill […]

Former Google AI researcher to join FTC

In the growing battle between federal agencies and the Big Tech league, the Federal Trade Commission (FTC) will welcome former Google AI researcher Meredith Whittaker to its force as a senior advisor on artificial intelligence (AI). The researcher revealed on Wednesday on Twitter that it will redirect its career path towards the governmental entity. Whittaker […]

Japan game maker Nintendo sees no quick fix for chips crunch

The shortage in computer chips needed to make the Nintendo Switch machine is a serious problem unlikely to be resolved soon, the president of the Japanese video-game maker said Friday. “The extremely tight situation remains, and the future is uncertain,” Shuntaro Furukawa told reporters. Furukawa said the dearth of computer chips, which is affecting manufacturing […]

EXPLAINER: Why are foreign tech firms pulling out of China?

Yahoo Inc. is leaving the China market, suspending its services there as of Monday amid what it says is an “increasingly challenging” business and legal environment. Foreign technology firms have been pulling out or downsizing their operations in mainland China as a strict data privacy law specifying how companies collect and store data takes effect. […]

DoorDash adds safety features to help protect drivers

The San Francisco-based delivery company said Wednesday it’s partnering with security company ADT on the new features, which will be available to all U.S. DoorDash drivers by the end of this year. Under the new system, DoorDash drivers who are feeling unsafe can connect to an ADT agent using a button in DoorDash’s app. The […]