Search results for "IT"

Tech cash cow: embedded finance to reach $138bn by 2026

There has never been a time where technology has been such a cash cow more than now; especially with the emergence of embedded finance within every corner of almost every app we use day-in and day-out.   All of us at some points have used embedded finance whenever we use a service on our phone. For those who aren’t familiar […]

Priest outed via Grindr app highlights rampant data tracking

When a religious publication used smartphone app data to deduce the sexual orientation of a high-ranking Roman Catholic official, it exposed a problem that goes far beyond a debate over church doctrine and priestly celibacy. With few U.S. restrictions on what companies can do with the vast amount of data they collect from web page […]

Microsoft to open $2 bn data center in India

U.S. tech giant Microsoft is in the final stages of talks with the Telangana government in India to set up a data center with an investment ranging between $2 billion to $2.25 billion, local media reports.  If the discussions come to fruition, this would be one of the major investments of Microsoft outside the U.S.  A few months earlier, Telangana Minister for IT and Industries KT Rama Rao […]

Kaseya gets master decryption key after July 4 global attack

The Florida company whose software was exploited in the devastating Fourth of July weekend ransomware attack, Kaseya, has received a universal key that will decrypt all of the more than 1,000 businesses and public organizations crippled in the global incident. Kaseya spokeswoman Dana Liedholm would not say Thursday how the key was obtained or whether […]

Protests erupt in India's Parliament over spyware scandal

India’s Parliament erupted in protests on Tuesday as opposition lawmakers accused Prime Minister Narendra Modi’s government of using military-grade spyware to monitor political opponents, journalists and activists. The session was disrupted repeatedly as opposition lawmakers shouted slogans against Modi’s government and demanded an investigation into how the spyware, known as Pegasus, was used in India. […]

Activision Blizzard sued over gender-based discrimination

U.S. based- video game company Activision Blizzard was sued on Tuesday over a culture of constant sexual harassment and gender-based discrimination.  The lawsuit filed by California’s Department of Fair Employment and Housing (DFEH) against the company was a result of a two-year investigation that revealed top executives were aware and/or involved of unequal pay, promoting men over women, and widespread sexual harassment.   The complaint highlights those male employees of the gaming company discuss sexual encounters […]

Didi’s shares drop as more penalties loom

Chinese ride-hailing titan Didi plunged by more than 11 percent in New York shares on Thursday, following whispers of impending new penalties by Beijing on the company. The ride-hailing giant is once more exposed to further pressure from the Chinese government leading to harmful impact on its revenues after trustbusters ordered it to be removed […]

How the UAE is achieving man-made rain

Imagine you arrive to The United Arab Emirates, expecting heatwaves and a humid climate. Seconds after stepping foot into what is supposed to be a desert climate, unforeseen raindrops appear on the side of the road.  This year has definitely not been short of surprises.  It would have been a common weather experience in countries based in Southeast Asia. However, this is the UAE, in the height of its summer season […]

The era of the eSIM

Telcos have been reluctant to take up eSIMs. In some ways, who can blame them? After all, removing the physical SIM and embedding eSIM technology into a mobile device removes much of the hassle of changing service providers and makes it far easier for customers to switch, if they’re drawn in by a better deal. […]

Saudi Aramco facing $50M cyber extortion over leaked data

Saudi Arabia’s state oil giant acknowledged Wednesday that leaked data from the company — files now apparently being used in a cyber-extortion attempt involving a $50 million ransom demand — likely came from one of its contractors. The Saudi Arabian Oil Co., better known as Saudi Aramco, told The Associated Press that it “recently became […]