Search results for "IT"

EXPLAINER: Why China is investigating tech firms like Didi

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 […]

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 […]

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 […]

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 […]

Three billion gamers by 2024 as yearly revenues exceed $200 Bn

If you’re a gamer, then it’s a great time to be alive with all the new releases happening on almost every gaming platform; and this has been outlined by Newzoo’s new global games market report for 2021. Powered by just under 3.0 billion gamers, the global games market will generate $175.8 billion via consumer spending in 2021, representing a […]

Tim Burners-Lee auctions source code as $5 million NFT

Tim Berners-Lee, the creator of the internet’s source code is auctioning an autographed copy of the source code of the World Wide Web with donations proceeding to charity in $5 million in non-fungible tokens sale (NFT). The sale will offer an immense opportunity to have ownership over a remarkable piece of history that led to […]

Google Cloud, Ericsson partner up on 5G Cloud solutions

Google Cloud and Ericsson announced earlier this week a joint project that will provide new 5G cloud solutions to help communications service providers (CSPs) digitally transform and to unlock new enterprise and consumer use cases. The pair aims to merge Google Cloud’s services with 5G wireless equipment built by Ericsson to develop new solutions at […]