Security News

October 21, 2019

SAP in three-year cloud partnership with Microsoft

This post was originally published on this siteBusiness software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud.
October 20, 2019

Hacking the hackers: Russian group hijacked Iranian spying operation, officials say

This post was originally published on this siteRussian hackers piggy-backed on an Iranian cyber-espionage operation to attack government and industry organizations in dozens of countries while masquerading as attackers from the Islamic Republic, British and U.S. officials said on Monday.
October 20, 2019

Facebook open to currency-pegged stablecoins for Libra project

This post was originally published on this siteFacebook Inc , facing growing skepticism about its digital currency project Libra, on Sunday said the initiative could use cryptocurrencies based on national currencies such as the dollar, instead of the synthetic one it initially proposed.
October 20, 2019

China’s Xiaomi says plans to launch more than 10 5G phones next year

This post was originally published on this siteChinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Internet conference in the eastern Chinese town of Wuzhen.
October 19, 2019

China’s propaganda chief says Cold War mentality hindering mutual trust in cyberspace

This post was originally published on this siteA “Cold War mentality” and “bully behavior” are hindering mutual trust in cyberspace, China’s propaganda chief said on Sunday at the start of the World Internet Conference in the eastern Chinese town of Wuzhen.
October 19, 2019

China’s next commercial rockets to make test flights in 2020, 2021: Xinhua

This post was originally published on this siteChina will launch test flights for the next two space rockets in its Smart Dragon series meant for commercial use in 2020 and 2021, the official Xinhua news agency reported on Sunday, as an expected boom in satellite deployment gathers pace.
October 19, 2019

SoftBank seeks to avoid WeWork’s liabilities with new investment: sources

This post was originally published on this siteSoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter.
October 18, 2019

Exclusive: Huawei in early talks with U.S. firms to license 5G platform – Huawei executive

This post was originally published on this siteBlacklisted Chinese telecoms equipment giant Huawei is in early-stage talks with some U.S. telecoms companies about licensing its 5G network technology to them, a Huawei executive told Reuters on Friday.
October 18, 2019

News Corp to supply headlines for Facebook’s upcoming news tab

This post was originally published on this siteFacebook Inc’s upcoming news tab will feature headlines from the Wall Street Journal and some other News Corp media properties when it launches in fall of 2019, the social network said on Friday.
October 18, 2019

G20 kicks off debate to regulate ‘stablecoins’ in hit to Facebook’s Libra

This post was originally published on this siteGroup of 20 finance leaders on Friday agreed to set strict regulations on cryptocurrencies such as Facebook’s Libra, warning that issuance of such “stablecoins” should not be allowed until various global risks they pose are addressed.
October 18, 2019

House antitrust probe report likely by ‘first part’ of 2020

This post was originally published on this siteThe House of Representatives Judiciary Committee expects to have a final report on its probe of big technology companies and their potential breaches of antitrust law, by the “first part” of next year, the chair of its antitrust panel said on Friday.
October 18, 2019

Apple’s star-studded ‘The Morning Show’ joins #MeToo conversation

This post was originally published on this siteApple Inc is jumping into the streaming video wars with a series that explores accusations of sexual misconduct at a fictional morning television news show, a story that tackles issues brought to life over the past two years of the #MeToo movement.
October 18, 2019

G20 agrees stablecoins give rise to ‘serious’ risks: press release

This post was originally published on this siteGroup of 20 finance leaders agreed that global stablecoins give rise to a set of “serious” public policy and regulatory risks, a press release from Japan, the group’s chair, showed on Friday.
October 18, 2019

Facebook’s Libra cryptocurrency should be prevented: German finance minister

This post was originally published on this siteGerman Finance Minister Olaf Scholz on Friday redoubled his criticism of Facebook’s plans to launch its Libra cryptocurrency, and said creation of a new world currency should be prevented.
October 18, 2019

FTC official says data collection allows Big Tech to hurt competition

This post was originally published on this siteVast troves of consumer data collected by big technology companies allow them to gain a competitive edge and pose a threat to competition, Federal Trade Commission’s Rohit Chopra said on Friday.
October 18, 2019

‘Stablecoins’ could hinder efforts to stamp out money laundering: global watchdog

This post was originally published on this siteThe spread of cryptocurrencies such as Facebook’s Libra could have serious repercussions for worldwide efforts to detect and stamp out money laundering and terror financing, a global watchdog on illicit finance said on Friday.
October 18, 2019

Gun with a chip: U.S. Army contracts may lead to a smarter firearm

This post was originally published on this siteA carbine that can call in an airstrike. A computer-aided scope on a machine gun that can turn just about anyone into a marksman.Even firearms that measure and record every movement, from the angle of the barrel to the precise moment of each shot fired, which could provide law enforcement with a digital record of police shootings.
October 18, 2019

Snakes and ladders: SoftBank Vision Fund’s climbing, sliding valuations

This post was originally published on this siteThe $100 billion Vision Fund of Japan’s SoftBank Group Corp has in just over two years burned through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.
October 18, 2019

Indonesia issues rules to block illegally imported mobile phones

This post was originally published on this siteIndonesia has issued regulations to allow authorities to block smartphones purchased on the black market, in a bid to encourage investors to produce mobile phones in the country, a minister said on Friday.
October 18, 2019

Apple’s Cook meets China regulator after pulling Hong Kong app

This post was originally published on this siteApple Inc CEO Tim Cook met the chief of China’s market regulator in Beijing on Thursday, the Chinese agency said, a week after the U.S. firm was thrust into the midst of political tensions between the mainland and protesters in Hong Kong.
October 17, 2019

China market regulator chief met with Apple CEO Tim Cook

This post was originally published on this siteChina’s market regulator chief Xiao Yaqing met with Apple Inc’s Chief Executive Tim Cook in Beijing on Thursday, the regulator said on Friday.
October 17, 2019

Lebanon scraps WhatsApp fee amid violent protests

This post was originally published on this siteDemonstrators and police clashed in Lebanon on Thursday as thousands of people rallied against the government’s handling of an economic crisis, in one of the biggest protests the country has seen in years.
October 17, 2019

Two killed in Lebanon fire near Beirut protests: report

This post was originally published on this siteTwo foreign workers in Lebanon choked to death from a fire that spread to a building near major protests in the capital, Beirut, state news agency NNA said on Friday.
October 17, 2019

AT&T, Elliott in talks after activist campaign launched: sources

This post was originally published on this siteAT&T and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on Thursday.
October 17, 2019

Martin Luther King’s daughter tells Facebook disinformation helped kill civil rights leader

This post was originally published on this siteDisinformation campaigns helped lead to the assassination of Martin Luther King, the daughter of the U.S. civil rights champion said on Thursday after the head of Facebook said social media should not factcheck political advertisements.