Tag: Tech

Musk Says Unresolved Issues Remain Over Twitter Deal

Billionaire tech mogul Elon Musk said Tuesday there remain several unresolved matters with his bid to buy Twitter, including the coming together of the debt part of the transaction, the outcome of a shareholder vote, and the number of spam users on the platform. Musk, who has offered to buy Twitter in a transaction worth around…


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WeChat Data Not Protected: Report

Cybersecurity firm Internet 2.0 claims the rapidly deteriorating legal status of Hong Kong has undermined any claims by Chinese social media app WeChat that user data is being protected. On Sept. 30, 2020, WeChat made a written submission to the Australian Parliamentary Select Committee on Foreign Interference through Social Media, claiming that user data was…


WeChat’s Claims of Protecting User Data Misleading: Report

Cybersecurity firm Internet 2.0 claims the rapidly deteriorating legal status of Hong Kong has undermined any claims by Chinese social media app WeChat that user data is being protected. On Sept. 30, 2020, WeChat made a written submission to the Australian Parliamentary Select Committee on Foreign Interference through Social Media, claiming that user data was…


TSMC Says It Will Have Advanced ASML Chipmaking Tool in 2024

SANTA CLARA, Calif.—Taiwan Semiconductor Manufacturing Co. executives said on Thursday the world’s biggest chipmaker will have the next version of ASML Holding NV’s most advanced chipmaking tool in 2024. The tool called “high-NA EUV” produces beams of focused light that create the microscopic circuitry on computer chips used in phones, laptops, cars, and artificial intelligence…


US, Partners Dismantle Russian Hacking ‘Botnet,’ Justice Department Says

WASHINGTON—Law enforcement in the United States, Germany, the Netherlands, and Britain dismantled a global network of internet-connected devices that had been hacked by Russian cyber criminals and used for malicious purposes, the U.S. Justice Department said on Thursday. The network, known as the “RSOCKS” botnet, comprised millions of hacked computers and devices worldwide, including “Internet…


Research: Tesla Could Be Overtaken by Volkswagen as Top EV Maker by 2024

Germany’s Volkswagen Group could grab the top electric vehicle (EV) maker crown from Tesla Inc., according to a research report by Bloomberg Intelligence. Volkswagen’s battery electric vehicle share already tops that of Tesla in Europe and the legacy automaker needs to replicate that success in other regions, particularly China where it is currently struggling to…


Google’s Russian Subsidiary Submits Bankruptcy Declaration: Ifax

The Russian subsidiary of Alphabet’s Google has submitted a declaration of bankruptcy, Interfax reported on Friday, citing court filings online. The subsidiary announced plans to file for bankruptcy in May after authorities seized its bank account, making it impossible to pay staff and vendors. “The Russian authorities’ seizure of Google Russia’s bank account has made…


Apple Store Workers in Maryland Become Company’s 1st in US to Unionize

Workers at an Apple store in a Baltimore suburb have voted to join a union, making theirs the first of the company’s more than 270 U.S. stores to unionize. More than 100 workers in Towson, Maryland, “have overwhelmingly voted to join the International Association of Machinists and Aerospace Workers,” or IAM, the union said in…