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Chinese banks promise to step up cryptocurrency ban

China’s biggest banks promised Monday to refuse to help customers trade Bitcoin and other cryptocurrencies after the central bank said executives were told to step up enforcement of a government ban. Regulators appear to worry that despite the 2013 ban on Chinese banks and other institutions handling cryptocurrencies, the state-run financial system might be indirectly […]

Facebook launches podcasts, live audio service

Facebook is launching podcasts and live audio streams in the U.S. on Monday to keep users engaged on its platform and to compete with emerging rivals. Facebook says it is allowing public figures with verified accounts to start live audio rooms and invite anyone else to speak. A handful of podcasts will be available to […]

Vaccine technology transfer center to open in South Africa

The World Health Organization is in talks to create the first-ever technology transfer hub for coronavirus vaccines in South Africa, a move to boost supply to the continent that’s desperately in need of COVID-19 shots, the head of the U.N. agency announced. The new consortium will include drugmakers Biovac and Afrigen Biologics and Vaccines, a […]

AI-powered Mayflower, beset with glitch, returns to England

The Mayflower had a few false starts before its trailblazing sea voyage to America more than 400 years ago. Now, its artificial intelligence-powered namesake is having some glitches of its own. A sleek robotic trimaran retracing the 1620 journey of the famous English vessel had to turn back Friday to fix a mechanical problem. Nonprofit […]

Security flaw found in 2G mobile data encryption standard

Cybersecurity researchers in Europe say they have discovered a flaw in an encryption algorithm used by cellphones that may have allowed attackers to eavesdrop on some data traffic for more than two decades. In a paper published Wednesday, researchers from Germany, France and Norway said the flaw affects the GPRS – or 2G – mobile […]

Behind in quantum computer race, Germany gets boost from IBM

IBM on Tuesday unveiled one of Europe’s most powerful quantum computers in Germany, boosting the country’s efforts to stay in the race for what’s considered a key technology of the future. Quantum computers use subatomic particles to get around the limitations of traditional physics and perform calculations at far higher speeds than even the fastest […]

Hit by a ransomware attack? Your payment may be deductible

As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don’t pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: The ransoms may be tax deductible. The IRS offers no formal guidance on ransomware payments, but multiple tax experts interviewed by The […]

Telekom provides Germany with 5G at a rapid pace

While Telekom is keeping up the pace in 5G rollout, the network can now be received on the 3.6 gigahertz (GHz) frequency in around 50 cities. With more than 1,800 antennas, Telekom was transmitting on this frequency as of June 14th 2021. It enables peak speeds of over one gigabit per second. The newly added […]