Tag: Tech

Banking Regulator Warns of Increase in Ransomware Attacks

December 7, 2021
Business & EconomyCompaniescomputer malwarecybersecurityeconomyMedia & Big Techransomware cyber attackTechTech NewsUSUS News
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A leading U.S. bank regulator alerted banks to increasing online risks, especially ransomware attacks and other extortion campaigns, in a report published Monday, while advising firms to undertake cybersecurity measures to mitigate the risks. The Office of the Comptroller of the Currency (OCC), an independent bureau within the Department of Treasury that supervises all national…

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Instagram Unveils Teen Safety Tools Ahead of CEO’s Senate Testimony on App’s Impact on Kids

December 7, 2021
Business & EconomyCompaniescongressEducation & FamilyinstagramMedia & Big TechPoliticsSafetySocial MediaTechTech NewsteenUSUS News
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Instagram said it has ramped up teen safety measures in its popular photo-sharing app, with the announcement coming as the firm’s chief executive is set to testify before Congress and following bombshell reports that it was aware of the app’s harm to teenagers. Adam Mosseri, CEO of Instagram, said in a blog post that the company…

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Twitter Is Likely to Become More Politically Biased After Jack Dorsey’s Departure: Parler Founder

December 7, 2021
Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesFeatured TopicsMedia & Big TechPARLERSocial MediaTechTech NewsTwitterUSUS News
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Twitter will likely become even more restrictive and politically biased following the departure of its founder and CEO Jack Dorsey last month, according to the co-founder and former CEO of Parler, John Matze. Speaking to NTD’s “The Nation Speaks,” Matze said he expects to see the social media platform implement further policies that are in line with…

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Russian Bans for Tech Giants Is Last Resort, Interfax Reports

December 7, 2021
banBusiness & EconomyInternationallast resortMedia & Big TechRussiaTechTech GiantsTech NewsWorld
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MOSCOW—Moscow is ready for dialogue with foreign technology companies over possible bans for those that do not have official representation in Russia by the end of the year, Interfax reported on Monday, citing the state communications regulator. The report said companies would be blocked only as a last resort, dialling back a little from last…

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Samsung’s New Investment in Texas Accelerates Rebuild of US Supply Chain, Blow for China Expected

December 7, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompanieseconomyLocal NewsRegional-Local NewsSamsung GroupSpecial TopicsTechTech CompetitionTech NewsTech supply ChainTexasUSUS NewsWorld
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Upon Samsung finalizing site selection for its new factory on U.S. soil, South Korean media have commented that the investment is expected to deal a heavy blow to China’s ambitions in becoming a semiconductor giant as the United States moves to secure its own supply-chains. Samsung announced on Nov. 23 that it will invest $17 billion to…

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Samsung’s New Investment in Texas Accelerates Rebuild of US Supply Chain

December 7, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompanieseconomyLocal NewsRegional-Local NewsSamsung GroupSpecial TopicsTechTech CompetitionTech NewsTech supply ChaintechnologyTexasUSUS NewsWorld
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Upon Samsung finalizing site selection for its new factory on U.S. soil, South Korean media have commented that the investment is expected to deal a blow to China’s ambitions in becoming a semiconductor giant as the United States moves to secure its own supply-chains. Samsung announced on Nov. 23 that it will invest $17 billion to build…

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Rumble SPAC Partner CF Acquisition Shares Spike on Trump Partnership: What Investors Should Know

December 7, 2021
Business & EconomyCompaniesDonald TrumpMarketsrumbleSocial MediaSPACTech
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Video platform Rumble announced a SPAC deal last week. The CEO confirmed Friday a partnership with a SPAC linked to former President Donald Trump. What Happened Rumble has increased its monthly active users from 1.6 million to 30 million in a one-year time period. That point was highlighted by Cantor Fitzgerald and CF Acquisition Corp…

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First Electric Buses Hit Streets of Hanoi

December 6, 2021
Asia & Pacificelectric busesTechTech NewsTransportVietnamWorld
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Vietnam has launched its first electric bus service. Vietnam’s first electric buses were manufactured and assembled by VinBus and have the capacity to carry up to 68 people and drive between 220 and 260 kilometers per power charge. They launched on the streets of the capital Hanoi on Dec. 2. “The electric buses will connect…

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FBI Can Collect WhatsApp Metadata in 15 Minutes: Document

December 6, 2021
encrypted chatsFBIMetadataTechUSUS News
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The FBI’s ability to see some of the contents of iMessage and collect metadata from WhatsApp in as little as 15 minutes are two of the revelations found on a recently published internal bureau document. First published last month by Property of the People following a Freedom of Information Act request, the document contains an infographic…

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AMD versus Nvidia: Which Chipmaker Is Poised to End 2021 With Better Returns?

December 6, 2021
AMDBusiness & EconomyCompaniesMarketsnvidiarevenueTechTech News
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Advanced Micro Devices, Inc. and Nvidia Corporation are among the best performing large-cap tech stocks thus far this year. Laser-like focus on their product roadmap and execution has been the recipe behind the rewards the companies are reaping. Nvidia Versus AMD: How Year-to-date Performance Stacks Up Nvidia has had a stellar run this year, thanks…

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