Topics Archive

Bithumb Loses $31.5 Million

South Korea’s leading crypto exchange Bithumb lost 35bn won ($31.5m) worth of virtual coins in a recent hack. The incident has been the second time that Bithumb’s..

China-based hacking group targets satellites

US-based cybersecurity firm Symantec Corp has alleged that a China-based hacking group has used malware to extract data from sensitive systems such as satellite operators..

Autonomous Robots - Friend or Foe?

Some of the world’s leading robotics and artificial intelligence pioneers are calling on the United Nations to ban the development and use of killer robots..

Google invests half a billion dollars

Tech giant Google said it will invest $550 million in China's second-largest e-commerce firm, JD.com. With this, Google aims to push deeper into online commerce..

Mercari Inc

Mercari Inc, a Japanese start-up, has emerged as the most successful start-up of 2018. It is the first company in Japan to achieve the “unicorn” status. A start-up is a young company..

Cryptocurrency and the SEC

Crypto coins surged in valuation after a top US Securities and Exchange Commission (SEC) regulator said crypto transactions aren’t subject to federal securities rules..

Vietnam: security or surveillance?

Vietnamese legislators have passed a new cybersecurity law that will require tech companies to open offices in the country, localise data, and give the government access..

Tesla cuts 9% of workforce

Electric car maker Tesla Inc CEO, Elon Musk, has announced that the company is laying off about 9% of its workforce as part of a comprehensive organizational restructuring..

Automation’s big threat

Citibank has suggested that in the span of next five years, it will be letting go of nearly half of its technology and operations staff. This is largely because automation is taking..

World’s most powerful supercomputer

The world’s most powerful supercomputer, Summit, is now functional in the United States. Built as a joint collaboration between Nvidia and IBM, Summit is reportedly twice..

Google and the Business of War

Google Inc. will bar AI development in any weaponry or surveillance. CEO Sundar Pichai released the statement following staff protests against Project Maven with the US...

Facebook shared data with Chinese firms

Recent reports have revealed that Facebook had signed a data-sharing deal with 60 consumer device-manufacturing companies across the world including four..

Apple’s new anti-tracking feature

Apple has announced an anti-tracking feature that will limit websites’ access to user browsing data. This has the potential to impact online advertising strategies...

Elon Musk criticized by investors

Elon Musk, founder, CEO, and chairman of automobile manufacturer Tesla, has received increasing criticism for the company’s performance. Investors have argued..

Google backs off

Google has announced that it will not be seeking to renew its contract to continue working alongside the US Department of Defense. The company attracted criticism..

Blockchain and Global Trade

The spectre of protectionism, geopolitical competition, and risk of tariff wars have recently made the underpinnings of global commerce seem insecure. Blockchain, a so-called..

Lawsuit claims Facebook “weaponises” data

A lawsuit filed in the state of California claims that Facebook had created a scheme to weaponise personal user data to drive out competitors and ensure its success..

Kaspersky relocates

Russian cybersecurity firm Kaspersky has announced that it will open a Swiss data centre to increase transparency. Kaspersky, which has come under increasing scrutiny..

Era of Artificial Intelligence

Artificial intelligence (AI) is shaping up as the next industrial revolution, poised to rapidly reinvent business and the global economy. As science fiction starts to become reality..

Google’s new features

Google has taken steps to address issues such as influence campaigns and foreign influence in domestic elections. It has instituted a number of rules on the purchase of election..